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10/13
11:25
Donald Trump posted on Truth Social, stating that he saw many "radical left" comments claiming that China and Russia are helping Iran, but he does not believe this claim. Trump said that even if there is help, it is at a "very low level," but he believes that China and Russia are not helping Iran at all because they "have too much to lose," and the United States would know about it "very quickly."
11:21
The International Monetary Fund (IMF) warned Tuesday that government bond yields could rise in a "disorderly" fashion, citing rising inflation, mounting debt, and exponentially increasing AI-related borrowings that pressure sovereign bond markets. The fund noted that high debt loads and rollover risks make the bond market susceptible to fiscal and inflation shocks, with severe potential impact on asset values, including AI-related assets, and collateral. While liquidity in the U.S., Europe, and the U.K. remains stable, Japan's government bond market liquidity has deteriorated. The IMF urged debt managers to lengthen maturities.
11:13
Nikkei Asia's podcast highlights Singapore's growing importance in the AI supply chain, noting rapid expansion by chipmakers. TSMC's affiliate is already considering further expansion after its first Singapore plant 'sold out', while Broadcom and Toppan have opened the city-state's first advanced chip substrate facility.
11:06
Thibault "Tibo" Sottiaux, Head of Product and Platform at OpenAI, stated in an exclusive interview on the podcast "Pioneers of AI" that the always-on agents (Dots) introduced at the OpenAI DevDay are designed to end the "attention tax" model of the mobile internet by silently handling mundane tasks in the background, freeing humans from constantly checking screens. He believes this goal could be achieved within a year, provided that AI systems establish highly defensive "gradual authorization" and "human final review" mechanisms to ensure humans remain in the control loop.
11:05
A large-scale cyberattack has targeted the refrigeration systems of hundreds of French supermarkets, including Intermarche, Cooperative U, E Leclerc, Carrefour, and Monoprix. The attack, which began Sunday night and was confirmed Monday, raised fridge and freezer temperatures to as high as 50 degrees Celsius (122F), spoiling food and causing fires at several stores. Intermarche's CEO estimated losses could amount to tens of millions of euros nationwide in a single day. France's National Cybersecurity Agency (ANSSI) is investigating, identifying a vulnerability in software supplied by Danish company Danfoss, which stated affected units were running outdated firmware. The attack has also reportedly affected Spain, Portugal, Poland, Germany, and Belgium.
11:02
The Indonesian government is implementing measures such as e-commerce taxes, influencer taxes, and a planned excise tax on sugary drinks to boost tax revenue and support President Prabowo Subianto's ambitious economic growth targets. The e-commerce tax has been in effect since October 1, 2025. Analysts point out that while delayed tax refunds increase state revenue, they also disrupt businesses' cash flow.
10:44
Shenzhen Transsion Holdings Co., Ltd., the dominant player in Africa's smartphone market, raised HK$3.1 billion (approximately $390 million) through a Hong Kong share offering, priced near the top end of its range.
10:37
Asian stock markets broadly fell sharply on Tuesday, with Hong Kong's Hang Seng Index opening down 99 points, or 0.41%, at 24,172 points. The China Enterprises Index fell 0.39%, and the Hang Seng Tech Index dropped 0.96%. In mainland China A-shares, the Shanghai Composite Index fell 0.96%, the Shenzhen Component Index dropped 1.79%, and the ChiNext Index declined 2.18%. In Tokyo, the Nikkei 225 opened down 0.67% and at one point fell 1,915 points during the session. South Korea's KOSPI Index plunged 429 points at one point during the session. Brent crude futures rose to $105.9 per barrel, nearing a two-week high, influenced by geopolitical developments such as the Middle East conflict and the Russia-Ukraine situation. Analysts pointed out that overnight sell-offs in Wall Street chip stocks, rising oil prices, and position adjustments ahead of inflation data and earnings season collectively led to risk-off sentiment in Asian markets. The DXY hovered near an 18-month high.
10:20
LS Electric has signed a $138.5 million contract with US-based Bloom Energy to supply power distribution equipment for a major technology company's data center in Pennsylvania. This agreement brings the South Korean manufacturer's cumulative orders from Bloom Energy to over $500 million since April 2025, reaching this milestone in approximately 18 months. Under the contract, LS Electric will supply 38-kilovolt high-voltage switchgear and distribution transformers.
10:15
The International Monetary Fund (IMF) on Tuesday raised its growth forecast for South Korea in 2026 to 3.3%, an increase of 0.7 percentage point from its July projection. The Washington-based organization cited strong semiconductor exports that more than offset the fallout from the Middle East war, adding that the revised figure exceeded its global growth forecast of 3.1%.
10:14
The International Monetary Fund (IMF) warned at its annual meeting that major economies' budget deficits are set to reach their largest levels since the COVID-19 pandemic, urging governments to take "urgent" action to rebuild public finances.
10:13
Its defence pacts and financial reliance on Riyadh give Islamabad little leeway to avoid involvement in the Houthi conflict, according to the Financial Times.
10:07
Hard AI has exclusively learned that Qianwen Personal Agent, "Qianwen Go!", is about to be released. This AI assistant can handle complex tasks on behalf of users, such as finding delayed flights on airline booking platforms and negotiating with customer service to successfully secure a 70 yuan cash compensation; it can also search through Taobao orders that meet price protection conditions to recover a 52 yuan price difference for users.
10:04
Mainland Chinese investors net bought HK$60.8 billion (US$7.7 billion) in Hong Kong stocks through Stock Connect in September, marking the fourth consecutive month of inflows and a significant acceleration from August's HK$10.4 billion, according to Wind data. Total net purchases in the third quarter reached HK$134.1 billion.

Investors primarily focused on technology stocks, especially AI model developers. Chinese AI model developer Z.ai (Zhipu AI) attracted HK$6.94 billion in inflows, while Baidu and Tencent Holdings drew nearly HK$6 billion and HK$3 billion, respectively. Healthcare stocks recorded the largest outflows, with SMIC seeing net selling of HK$6.4 billion.

Despite high US Treasury yields and oil prices, Hong Kong stocks remained relatively resilient, with the Hang Seng Index falling 3.7% in September, compared to a nearly 6% drop in China's CSI 300 Index. Kenneth Wu, an analyst at ICBC International, stated that the rebound momentum in Hong Kong stocks is strengthening, but escalating US-Iran negotiations and weak Chinese consumption data are risk factors. Investment banks expect Hong Kong stocks to face challenges in the fourth quarter, with the Hang Seng Index potentially fluctuating between 22,500 and 26,000 points.
10:03
NTT Data Group is in final talks to build U.S. AI company Anthropic's first dedicated data center in western Japan. The facility, potentially costing $6.3 billion, is expected to have one of the country's largest processing capacities, with a partial opening by 2028, Nikkei Asia reports.
09:57
Renewed fighting in Ethiopia's Tigray region is drawing scrutiny to external powers' roles. The UAE publicly condemned attacks by the Tigray People's Liberation Front (TPLF) on September 25, expressing solidarity with Ethiopia's federal government and calling for de-escalation. Saudi Arabia, with strategic interests in Red Sea security, has not publicly commented on the latest fighting, though it previously offered to mediate between Ethiopia and Eritrea. Ethiopia has accused Egypt and Sudan of supporting TPLF, which Egypt denies.

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