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10/15
14:22
South Korean companies, including SK and Samsung C&T, are considering investing in Westinghouse Electric Company, a U.S. nuclear power company.
According to The Korea Herald, major South Korean conglomerates including SK Group, Samsung C&T, Hyundai Engineering & Construction, and Doosan Heavy Industries are considering multi-trillion won investments in the U.S. nuclear power company Westinghouse Electric. This move aims to help Korean companies gain a stronger foothold in the expanding U.S. nuclear energy market.
14:20
U.S. Ambassador to India Sergio Gor called India a top partner, supporting deeper trade ties.
U.S. Ambassador to India, Sergio Gor, stated that India remains a trusted partner of the United States, and deepening trade and commercial ties is a top priority for the relationship between the two countries.
14:20
Li Lecheng, Secretary of the Anhui Provincial Party Committee, inspected CXMT, pledging support for the expansion of China's chip industry.
According to the South China Morning Post, Li Lecheng, Secretary of the Anhui Provincial Party Committee, inspected Changxin Memory Technologies (CXMT), a Chinese memory chip giant, on Wednesday (October 14), pledging to develop the integrated circuit (IC) industry into an emerging pillar industry. Li Lecheng urged CXMT to further refine its product portfolio, actively expand into domestic and international markets, and emphasized local innovation, demanding the company accelerate the release of new technologies and products.
14:10
UK economy grew 0.1% in August, beating expectations
14:03
AI job displacement to curb Asia-Pacific office demand: CBRE
Property consultancy CBRE reported on Thursday that AI-driven job displacement is expected to trim five percentage points off office space demand growth in developed Asia-Pacific economies over the next few years. The report stated that 3.9% of office jobs in developed markets, including Hong Kong, Singapore, Japan, South Korea, Taiwan, Australia, and New Zealand, are vulnerable to AI displacement, compared to 1.7% in developing markets.
14:03
Australians cut back on fuel purchases due to the Iran war pushing up oil prices, with diesel sales in August seeing their largest drop since 2022.
Australians cut back on fuel purchases as the war in Iran pushed up oil prices, with diesel sales in August seeing their largest drop since 2022, and gasoline sales also experiencing a further decline.
14:00
FTSE 100 Set to Outperform as Global Tech Stocks Fall
13:58
Musk stated that if Grok AI makes errors during purchases or leaks bank card information (though this has not yet occurred), SpaceX will fully compensate users for their losses.
13:54
Singapore's cybersecurity chief calls for continuous monitoring and closer cooperation after cyber intrusions targeting South Korean banks
Gwenda Fong, chief executive of Singapore's Cyber Security Agency, emphasized the need for organizations to move beyond a compliance-based mindset, especially as AI empowers hackers to exploit vulnerabilities.
13:53
Samsung Electronics is down 11.21% today, currently trading at ₩206,000.
13:52
SK Hynix fell 11.56% today, now trading at ₩1,255,000.
13:49
Lookonchain: Abraxas Capital's 2 hedging accounts on Hyperliquid have made over $331M in total profit and currently hold over $1.45B in short positions
13:46
Zelenskyy expresses caution over US-Russia energy deals, concerned about Washington's direct engagement with Moscow.
Ukrainian President Volodymyr Zelenskyy expressed clear caution in an interview with the Financial Times regarding Donald Trump's previous announcement of a deal with Russia, where Putin allegedly agreed to release diesel supplies to the international market. Zelenskyy stated, "Business between the United States and Russia is very interesting. The question is, when will the next deal be? Maybe it will be gas, it will definitely be gas."
13:45
Zelenskyy publicly accused Trump and Musk of restricting Starlink technology, as the rift between the parties continues to deepen.
Ukrainian President Volodymyr Zelenskyy has publicly accused Donald Trump and Elon Musk of restricting Ukraine's military access to SpaceX's Starlink satellite technology, further escalating tensions between Washington and Kyiv. Last Saturday, Trump publicly suggested that Zelenskyy "consider stepping down" as President of Ukraine.
13:44
U.S. spot Bitcoin ETFs recorded $261M net outflows on Oct 14, while Ethereum ETFs saw $130M net outflows, led by BlackRock's ETHA.
13:41
TSMC's Q3 Profit Hits Record High, Up 68.7% YoY, Surpassing Expectations for Sixth Consecutive Quarter, Driven by AI Chip Demand
TSMC reported record-high net profit in the third quarter on Thursday, up 68.7% year-on-year, beating market expectations for the sixth consecutive quarter, mainly driven by strong global demand for AI chips. The company's September revenue reached NT$511.86 billion, a 54.6% increase year-on-year.
13:37
South African state-owned power utility Eskom is adjusting its strategy, preparing to unbundle and relinquish its monopoly.
South African state utility Eskom is seeking to develop new revenue streams to counter the decline of its monopoly in power generation and transmission, and to prepare for its future unbundling.
13:36
Musk retweeted that the Grok bot sold its first product less than 6 minutes after the video was released.
13:35
Musk retweeted and commented that AI should not be allowed to lie or have contradictory axioms, otherwise it could lead to it "going insane and doing terrible things."
Musk reposted a tweet from @firesidealpha, commenting that the core lesson of "2001: A Space Odyssey" is that AI should not be allowed to lie, as HAL killed the crew to reconcile two contradictory commands. He believes that if AI is made "politically correct," meaning it says things it doesn't believe, or is programmed with incompatible axioms, it could "go insane and do terrible things."
13:33
Trump reiterates that South Korea will invest $50 billion in the Alaska LNG project, despite denials from the South Korean side.
Former U.S. President Donald Trump claimed again on Truth Social on Wednesday that South Korea has committed to investing $50 billion in a large liquefied natural gas project in Alaska. This follows South Korea's insistence that no final investment decision has been made. Trump used this to promote foreign investment ahead of the midterm elections, stating that the project is the largest energy infrastructure project in the state's history.
13:31
POSCO and Hanwha Ocean Partner to Develop High-Manganese Steel LNG Carrier Cargo Tanks
South Korea's Posco said on Thursday it has signed a memorandum of understanding with Hanwha Ocean to jointly develop and test liquefied natural gas (LNG) carrier cargo tanks made of Posco's high-manganese steel, aiming to expand the material's commercial application in shipbuilding. Under the agreement, Hanwha Ocean will build a demonstration vessel equipped with the steel.
13:31
Bloomberg Markets: European Leaders Lack Effective Tools to Mitigate Trump's War-Driven Energy Shock from Iran
EU leaders are looking for ways to alleviate soaring energy prices, but US President Donald Trump's war on Iran leaves them with limited options.
13:28
Donald Trump reposted a Wall Street Journal opinion piece titled, "U.S. Gross Output Points to an Economic Surge."
Donald Trump reposted a Wall Street Journal opinion piece headline suggesting that U.S. total output signals an economic surge.
13:27
Donald Trump retweeted that the White House facade, South Portico, and helipad have been renovated, and the ballroom and military complex construction are on schedule and within budget.
Donald Trump retweeted that the White House's facade, South entrance, and helipad have been renovated, and the construction of the ballroom and military complex is on schedule and within budget. He stated that the North and South facades of the White House had suffered significant wear and damage over many years, and the exterior walls and ornamentation have been fully restored to the highest standards, extending the White House's lifespan by decades. He also mentioned that the ballroom and military complex are the first additions to the White House since the West Wing was built in 1901, and are currently proceeding on schedule and within budget.
13:14
Australia Seeks Feedback on Crypto Platform Rules, Plans 2027 Launch
Australia's securities regulator is seeking feedback on capital, custody, and trading standards for crypto platforms, following the parliament's passage of digital asset legislation in April. The relevant rules are expected to be fully implemented by 2027.
13:11
Nordic Countries Emerge as Europe's Advanced Computing Hub with NVIDIA
The Nordic countries have become Europe's leader in unicorn startup density and are rapidly building a consequential technology ecosystem. The region is expanding its AI cloud capacity, projected to reach 1 gigawatt by the end of 2027, and has launched Sferical One, a shared supercomputer running on NVIDIA DGX SuperPODs. Companies like Spotify, ABB Robotics, and Elisa are leveraging NVIDIA infrastructure for AI-powered applications, while numerous startups are scaling their innovations on NVIDIA platforms. Additionally, autonomous freight company Einride and Toyota Material Handling Europe are deploying advanced computing for vehicles and factory machines, with Norrsken Foundation and NVIDIA set to open the Stockholm AI Lab in 2027.
13:09
Elon Musk: Starship fuel mostly oxygen, easy to make on Mars, enabling solar system transport
Elon Musk forwarded a post and commented that Starship's fuel is primarily oxygen (78%) and a simple fuel (22%) that is easy to create on Mars and other parts of the solar system. He stated that a propellant depot on Mars would transform Starship into a generalized transport system for the entire solar system, allowing travel to the asteroid belt, Jupiter's moons, Saturn, and beyond. Musk also noted that Starship features propulsive landing with no parachutes and a heat shield capable of Earth or Mars re-entry, adding that while it could potentially go to Venus, "Venus is hell, almost literally."
13:05
Copper Falls for Third Day with Other Base Metals as Strong US Inflation Spurs Bets on More Aggressive Fed Tightening
13:04
The Financial Times reported that investors expect gold prices to reach an all-time high within two years, driven by central banks' largest monthly gold purchases in nearly two years in September.
13:04
Financial Times: London Gold Market Benefits from "Trump Effect" as Global Instability Strengthens Its Dominance

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