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10/16
09:22
A spokesperson for the Saudi-led coalition stated that if Houthi attacks on Saudi airports continue, it will impact regional security. The spokesperson also noted that Houthi attacks on King Khalid International Airport in Riyadh between October 7 and 11 resulted in 17 deaths.
09:09
Hong Kong regulators’ tough action to crack down on fraudulent activity in the initial public offering market is sending ripples across the city’s financial industry, with insiders predicting short-term turbulence as some listings are scaled back or even cancelled. Financial intermediaries and IPO sponsors are expected to conduct deeper due diligence to ensure deals are free from distortions.
09:02
The 70th China Import and Export Fair (Canton Fair) is underway, showcasing products such as coffee machines, air fryers, and grills equipped with advanced technologies like cameras, according to Nikkei Asia. Amid rising production costs and fragile trade relations, Chinese exporters are actively seeking to expand into overseas markets. This Canton Fair is expected to attract approximately 310,000 visitors and will run until November 4.
09:02
US Senator Bernie Sanders criticized Israel’s policy of “collective punishment” of Gaza’s population by blocking the entry of aid, stating it “will starve children”. In a post on X on October 15, Sanders said Israeli Prime Minister Benjamin Netanyahu’s “extremist government” is cutting off food and shelter for 2 million people in Gaza. He added that Israel’s actions are “illegal and immoral”, calling for an end to using US taxpayer dollars “for these atrocities” and to US military aid to Israel.
09:00
Samsung Electronics announced that three of its products, the Galaxy S26 Ultra smartphone, the Bespoke AI Family Hub refrigerator, and the Odyssey G8 G80HS gaming monitor, have been included in TIME magazine's Best Inventions of 2026 list. TIME noted that the Galaxy S26 Ultra became the world's fastest-selling Android smartphone.
08:59
Strategists expect the Indian rupee to weaken towards 100 per dollar by the end of 2026 and mid-2027, despite recent measures by the Reserve Bank of India (RBI) to slow depreciation. The RBI's actions, including making speculative bets on the rupee more expensive and providing a special dollar window for oil companies, have helped the currency recover from 96.79 to the 95-level against the dollar. However, analysts from S&P Global Market Intelligence and Mizuho Securities believe these steps offer only short-term relief, as fundamental pressures from fund outflows, rising energy bills, a wider current account deficit, and a challenging global capital flow environment persist. RBI Governor Sanjay Malhotra reiterated the central bank's determination to ensure orderly movement in the foreign exchange market.
08:47
Multiple pressures, including rising interest rate expectations, escalating AI financing costs, and a deteriorating competitive landscape, converged this week, leading to a massive sell-off in global technology stocks. As of Thursday, the combined market capitalization of the world's top 20 AI and semiconductor stocks had evaporated by over $1 trillion. The iShares Semiconductor ETF (SOXX), which tracks the chip sector, recorded its eighth consecutive day of declines on Thursday, with a cumulative drop of approximately 12.7% over the period, marking the ETF's longest losing streak in 11 years. In the US stock market, NVIDIA, AMD, Intel, and Dell Technologies all fell on Thursday; the declines in Asian markets were even more severe, with South Korea's SK Hynix plummeting over 10% in a single day, Samsung Electronics falling 8.73%, and Japan's SoftBank Group dropping 7.9%.
08:44
The benchmark Korea Composite Stock Price Index (KOSPI) rose 85.62 points, or 1.54 percent, to 5,639.84 at 9:15 a.m. The rebound follows a more than 7 percent dip in the previous session, driven by concerns over artificial intelligence trade and US inflation.
08:42
A federal judge has rejected a joint bid by crypto exchange Gemini and the Commodity Futures Trading Commission (CFTC) to lift settlement restrictions. Gemini has already paid the $5 million penalty, and a permanent injunction along with restrictions on publicly denying the case's findings remain in place.
08:42
Houthi positions in the Dhi al-Barih and Jaba areas of the al-Misrakh district, south of Taiz city, were hit by two airstrikes, Al Jazeera reported, citing sources from the Taiz military command in Yemen.
08:42
Iraq's parliament on Thursday approved Prime Minister Ali Zaidi's cabinet appointments, including 11 ministerial positions and three deputy prime ministers. One of the deputy prime ministers, Laith al-Khazali, is under US sanctions due to his ties with the Iran-backed "League of the Righteous" movement. This approval marks the completion of Zaidi's government formation five months after taking office. Zaidi stated that the government would address the severe economic and security challenges arising from the US-Israel war against Iran, which began on February 28 and has led to a significant liquidity shortage in Iraq. To counter fiscal pressure, Zaidi's government has devalued the dinar against the dollar by nearly 15%, noting that the government inherited over 208 trillion Iraqi dinars (approximately $139 billion) in public debt.
08:41
Saudi Arabia called the Houthi attacks "full-fledged war crimes," while the U.S. warned of potential attacks on Saudi airports.
08:31
Funds are rapidly flowing into the large-cap pharmaceutical sector as AI concept stocks face a sell-off, according to Wallstreetcn.com. On Thursday, the State Street Health Care Select Sector SPDR ETF hit an all-time high of $177.19, accumulating a 5.6% gain over the past five trading days. Eli Lilly's stock closed up 3.4% on Thursday, marking its third-highest closing price ever, while AbbVie closed at $283.40, its second-highest historical close, just one day after setting a new record. Investors are shifting towards defensive assets, triggered by escalating market concerns over the scale of AI capital expenditures and the slowdown in Anthropic's revenue growth.
08:22
U.Today analysis indicates that Bitcoin's price has been gradually declining from its recent highs, currently down approximately 1.8% to $80,100, testing the critical support level of $80,000. This level is close to the 50-day moving average (around $80,300), and a break below it could lead to further declines into the $77,000-$78,000 range. In the short term, Bitcoin needs to hold above $80,000 and recover above $82,400 to reverse the downtrend.
08:17
SK Hynix, a South Korean chipmaker, was the most preferred company among South Korean job seekers over the past year, according to a survey released Friday by Seoul-based recruitment platform Incruit Corp. SK Hynix ranked first on the platform's list of most-bookmarked companies by job seekers. This feature allows users to receive recruitment information via email from companies they follow. SK Hynix has become South Korea's second-largest company by market capitalization.
08:16
Syrian state media reported that two of the country's natural gas and oil product pipelines were damaged in two separate incidents, the latest in a series of suspected sabotage attacks on Syria's energy infrastructure. The Syrian General Petroleum Corporation announced the damage on Thursday. One oil pipeline, running from Baniyas to Homs, was found damaged and leaking in the Hadida area, linked to an attempted fuel theft; the Jbessa natural gas pipeline in the southern Hasakah province was hit by an explosion later in the afternoon, which was attributed to a sabotage attack. No organization or individual has yet claimed responsibility.
08:12
On Thursday, October 15, 2026, the President signed three congressional bills into law. These include S. 240, which amends the Crow Tribe Water Rights Settlement Act of 2010 to provide more flexibility for water projects; S. 283, requiring the Department of Commerce to develop a standard methodology for identifying seafood country of origin; and S. 2403, which amends the Employee Retirement Income Security Act of 1974 (ERISA) to define adequate consideration for certain closely held stock.
08:11
CoreWeave and Broadcom have joined objections to the OKX-ICE stock tokenization venture, which now discloses nine issuer objections. Each objection bars the affected stock token from trading under the SEC’s conditional exemption.
08:07
A judge on Brazil's electoral court has ordered Meta Platforms not to interfere with the publication of any political or election-related content by candidates in the October 25 runoff election.
08:05
Mark Zandi, chief economist at Moody's Analytics, posted on X on October 12, estimating that the combined economic burden on the U.S. since the U.S. and Israel launched strikes against Iran on February 28 has reached approximately $265 billion, equivalent to nearly $2,000 per American household. Of this, increased energy and transportation costs account for about $1,100, higher borrowing costs due to interest rate hikes account for about $540, and military spending accounts for about $360. Anna Kelly, Principal Deputy Press Secretary for the White House, quickly refuted the estimate, questioning Zandi's political stance and the accuracy of his past predictions, and emphasized that President Donald Trump's actions were aimed at ensuring Iran could not possess nuclear weapons.
08:04
San Francisco Fed President Mary Daly stated that her view on inflation persistence has undergone a fundamental shift, now believing that current inflation risks are "broadly skewed to the upside," and abandoning her previous "wait-and-see" approach to supply-side shocks. Cleveland Fed President Beth Hammack warned that if public inflation expectations significantly worsen, the Federal Reserve might need to take more aggressive rate hike actions, noting that current financial conditions are largely neutral and not feeling significantly restrictive. Both hawkish statements occurred after the release of the higher-than-expected US CPI data on Wednesday.
07:57
Gold held steady after posting its biggest gain in over two weeks on Thursday, as investors sought safety in bonds amid a stock market sell-off, driving government bond yields lower.
07:46
Australia has released a draft bill to adopt the OECD's Crypto-Asset Reporting Framework (CARF). The country is one of 77 jurisdictions committed to CARF, with its first international exchanges of crypto tax data anticipated in 2028.

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