Disclaimer:All content on this platform is sourced from the internet and is provided for informational purposes only. None of the content represents the views of this site, nor does it constitute investment advice. Please exercise caution when investing.

Faster global financial news!

24/7 News

LIVE
Important Only
Title Only
10/16
11:00
South Korea's Hyosung Heavy Industries completed a new 18,996-square-meter ultra-high-voltage circuit breaker plant in Changwon, South Gyeongsang Province, on Friday. The facility will manufacture 420 kV, 550 kV, and 800 kV circuit breakers for export, aiming to meet rising global demand for power equipment.
10:50
According to Nikkei Asia, the demand for lithium-ion batteries has surged in Pakistan due to a massive influx of Chinese solar panels. Despite falling global prices and overcapacity in China leading to a halving of lithium battery prices since 2024, Pakistani companies are still choosing to partner with Chinese manufacturers to assemble lithium batteries locally.
10:43
Yemen's Houthi forces claim to have shot down a Saudi Wing Loong II armed reconnaissance drone over Marib, stating it was carrying out "hostile activities" in the province's airspace.
10:42
Musk reposted a tweet quoting his own view that "rocket cars" will appear in the future. These cars will be equipped with attitude control thrusters and a main rear thruster, capable of flying like a rocket, performing rolls and various stunts. He stated that this car would be "fun to the power of 11 (out of 10)," but "not necessarily safety optimized," adding that he was unsure if it would be legal in all jurisdictions. Musk also mentioned that the car could refill its own air tanks without special propellants and would be a "car that can actually drive on roads."
10:42
Tesla CEO Elon Musk reposted an official Tesla tweet that read, "Real life, baby." This move may be to emphasize the authenticity of the features or product demonstrations showcased by the new generation Tesla Roadster, which is scheduled to be unveiled today.
10:41
India revised export levies on petrol and diesel for the next fortnight while keeping the duty on aviation turbine fuel unchanged, as the government continues to adjust the charges in line with international energy prices and domestic supply conditions, according to a Thursday circular.
10:40
Goldman Sachs analyst Tim Moe stated that despite the recent sharp decline in the South Korean stock market, the sell-off is rooted in a structural absence of buying rather than a fundamental collapse. Therefore, he maintains a one-year bullish target of 12,000 points for the KOSPI. Goldman Sachs noted that KOSPI valuations have fallen to extremely low levels, with a forward P/E ratio of 5.1x, implying approximately 110% upside from the current 5,700 points. Analysts believe that the AI hardware demand cycle will drive high earnings growth in the South Korean market from 2026 to 2028, but the durability of the memory cycle, deleveraging by retail investors, and competition from open-source AI models in China are major risks. SK Hynix is scheduled to announce its third-quarter results on October 27, and Samsung Electronics will pay approximately 40 trillion Korean won in dividends between November 18 and 20.
10:37
Toronto police updated on October 14 that seven suspects, including three Canadian military members, are facing 82 criminal charges in the armed kidnapping of a cryptocurrency exchange owner. Police allege the suspects attempted to gain access to the victim's cryptocurrency and business security systems. Searches also uncovered 2,500 rounds of ammunition stolen from the Canadian military and five over-capacity magazines.
10:35
TSMC announced its Q3 earnings on October 15, with quarterly revenue reaching $46.6 billion, a 16% increase quarter-over-quarter, exceeding market expectations. The company's Q4 revenue guidance midpoint is $53.3 billion, and its full-year growth guidance has been raised to 44%. Management confirmed that capital expenditure for 2026 will remain unchanged in the range of $60 billion to $64 billion, and explicitly stated that the total capital expenditure for the three years from 2026 to 2028 will significantly surpass the historical total of approximately $101 billion from 2023 to 2025. JPMorgan Chase analysis suggests this provides semiconductor equipment manufacturers with long-term order visibility beyond a single fiscal year.
10:31
China's treasury bond futures rebounded across the board in early trading on October 16. As of press time, the main contracts for 30-year, 10-year, 5-year, and 2-year treasury bonds all rose. Most domestic commodity futures also moved higher, with palladium, Shanghai silver, rubber, and industrial silicon all gaining over 1%.
10:31
Hong Kong's Hang Seng Index opened 1.08% higher on October 16 morning, with the Hang Seng Tech Index rising over 2%. Major tech stocks including Alibaba, JD.com, Tencent, NetEase, and Baidu saw significant gains. The Hang Seng Biotech Index surged over 3%, driven by strong performance in innovative drug companies such as Wuxi AppTec and Asymchem. AI large model stocks, optical modules, and chip semiconductors also rebounded.
10:31
On the morning of October 16, China's A-share market saw its three major indices open higher across the board, with the Shanghai Composite Index up 0.49%, the Shenzhen Component Index up 0.65%, and the ChiNext Index up 0.51%. Sectors such as national defense and military, commercial aerospace, and innovative drugs surged, with Morningstar Aerospace and Great Wall Military Industry leading the gains by hitting their daily limit. AI hardware concept stocks rebounded, with Changxin Memory Technologies and Montage Technology in the storage sector both rising over 5%. The complete vehicle manufacturing sector also saw a rebound, with JAC Motors hitting its daily limit. AI pharmaceutical concept stocks were active, and Hongbo Pharmaceutical surged by 20cm to its daily limit.
10:30
Russian Finance Minister Anton Siluanov attended the G20 Finance Ministers and Central Bank Governors meeting in Bangkok on Thursday, his second in-person appearance at the event since the Russia-Ukraine conflict began in 2022. The move tested how much U.S. engagement with Russia would affect relations with European allies. German Finance Minister Lars Klingbeil expressed his displeasure, stating he would not pretend Russia had resumed normal G20 membership. The meeting failed to issue a joint communiqué, highlighting ongoing divisions among member states on the Middle East conflict, trade imbalances, and the Russia-Ukraine conflict. U.S. Treasury Secretary Scott Bessent was absent from the meeting.
10:30
According to the latest report from Goldman Sachs Prime Brokerage, hedge funds net sold global AI stocks for five consecutive trading days from October 8 to 14, completely reversing all cumulative net purchases since early 2025. Goldman Sachs Prime books showed "significant net selling" of global equities, led by North America and emerging market Asia. Taiwan's market saw a record single-day net outflow of approximately $9.3 billion in foreign capital, and the Philadelphia Semiconductor Index fell for the seventh consecutive day, with related market capitalization evaporating by approximately $2 trillion. Goldman Sachs believes that despite the extreme selling pressure, AI positions remain elevated, and total leverage is near a five-year high, suggesting that this deleveraging cycle is closer to the beginning than the end.
10:29
NVIDIA CEO Jensen Huang addressed market skepticism regarding the return on investment in AI infrastructure during interviews with Bloomberg and the BG2 podcast on October 15, ET. He began by endorsing AI infrastructure provider CoreWeave, stating it "doesn't need NVIDIA to backstop it" and that "the cost of capital is actually coming down." This statement helped CoreWeave's stock close up 5.94% against the market trend that day. Huang further elaborated in the interview that betting trillions of dollars in hashrate construction on the revenue of just two AI labs is "asking the wrong question." He broke down NVIDIA's hashrate demand into three roughly equal segments: about one-third for foundational computing unrelated to AI labs, about one-quarter to one-third for frontier lab demand (involving five or six labs, not just two), and another one-third for thousands of startups renting hashrate. He projected that annual AI infrastructure construction would reach $3-4 trillion by the end of this decade, potentially reaching $10 trillion in the long term.
10:29
Bridgewater Associates recently released a research report stating that the sustained rise in global bond yields is driven by multiple structural forces, and the continuous expansion of asset supply is reshaping the supply and demand landscape of global capital markets, with impacts that will be more profound than currently priced by the market. Bridgewater believes that the recent sharp increase in interest rates reflects stronger-than-expected economic resilience rather than merely an energy price shock, with expanding AI capital expenditures, persistently high government spending, and interest-rate-insensitive borrowing activities being the main drivers. The report warns that current economic resilience has benefited from previously loose financial conditions, and rising interest rates coupled with high energy prices will reduce the likelihood of economic growth maintaining its resilience, especially outside the United States. Bridgewater characterizes the current market landscape as a fundamental reversal of the post-global financial crisis logic, arguing that a significant expansion of net asset supply will systematically push asset yields higher, but overall risk premiums remain low, and transmission pressures have not yet fully materialized.
10:00
Tesla CEO Elon Musk reposted an official Tesla tweet detailing several innovative features of the Roadster model. The vehicle is described as a "true pilot's car," equipped with active aerodynamics, a multi-mode air intake system, and cold gas thrusters. In terms of exterior design, the Roadster features hidden headlights, full-length taillights, and flush surfaces, presenting a minimalist yet highly technical form. The vehicle also comes with ultra-light wheels and thin spokes to enhance structural integrity during ground operation. Its Ano White paint boasts an aerospace-grade finish, offering UV and cryogenic protection, electrostatic dissipation, and corrosion resistance, complemented by gold-glazed tinted glass mimicking the copper coating of astronaut helmet visors, with subtle titanium accents.
09:58
Lookonchain: AGT surged over 100%, with 5 wallets opening 2x longs totaling $1.7M on Aster_DEX and now holding $887K in unrealized profit.
09:47
International oil prices edged lower in early Friday trading as investors weighed escalating Middle East tensions against potential US easing of restrictions on "shadow fleet" tankers. This follows the International Energy Agency (IEA)'s agreement to release over 20 million barrels of diesel and remaining crude oil from emergency reserves pledged in March to alleviate supply pressures. According to Reuters, citing US officials, the Donald Trump administration is considering lifting sanctions on some vessels transporting Russian, Iranian, and Venezuelan oil to reduce record shipping costs. Meanwhile, attacks on vessels near the Strait of Hormuz and escalating conflicts between Saudi Arabia and Yemen's Houthi rebels continue to fuel concerns over regional energy supplies.
09:45
Myanmar coup leader Min Aung Hlaing was given a red-carpet welcome during his visit to Malaysia last week, with Malaysian Prime Minister Anwar Ibrahim pledging to help Myanmar rejoin ASEAN and stating that Myanmar is willing to cover the costs of refugee repatriation, Al Jazeera reported. Since becoming president in April, Min Aung Hlaing has visited ASEAN countries such as Thailand, Vietnam, Cambodia, and Laos, as well as India, China, Russia, and Belarus. Additionally, Reuters reported last week that the United States has also begun direct dialogue with Min Aung Hlaing's government, despite existing U.S. human rights sanctions against it.
09:45
Zimbabwe's government is struggling to persuade citizens to widely adopt its new currency, ZiG, introduced in April 2024, despite efforts to reduce reliance on the US dollar. The ZiG is backed by foreign currency and precious metal reserves, and the Reserve Bank of Zimbabwe (RBZ) has taken steps like issuing upgraded banknotes and expanding its use in tax payments. However, due to past currency crises, many Zimbabweans remain wary, preferring to transact in US dollars. The RBZ has shifted from a 2030 single-currency target to a gradual, market-led transition, but demand for ZiG remains subdued.
09:31
According to a joint communiqué released by China's National Bureau of Statistics, Ministry of Science and Technology, and Ministry of Finance, China's total expenditure on research and experimental development (R&D) in 2025 reached 3,928.82 billion yuan, an increase of 8.2% over the previous year. The intensity of R&D expenditure (ratio to GDP) was 2.80%, up 0.11 percentage points from the previous year. Of this, expenditure on basic research was 283.46 billion yuan, an increase of 13.3%, accounting for 7.21% of total R&D expenditure. National fiscal expenditure on science and technology was 1,318.45 billion yuan, an increase of 4.4%.
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.

What is 24/7 News

This is where the pulse of global digital wealth beats.

In the fast-paced world of digital currencies and global financial markets, a one-minute delay could mean missing a prime investment opportunity—or taking on unnecessary risk. On this battlefield where value is reshaped by the second, Svmuu·Flash News is dedicated to building a direct channel of information for you that is lightning-fast, precise, and free of noise.

We break free from the lag inherent in traditional media. By monitoring the internet around the clock, we deliver every key development in the global crypto market and the macroeconomy to your screen in seconds—using the most concise and intuitive language.

Our Features

Instant Response—Every Second Counts

Leveraging a powerful automated data-scraping network in tandem with a professional editorial team, we track major global trading markets, significant on-chain transactions, key project developments, and major global political and economic news 24 hours a day, non-stop. This ensures that when major news breaks, you’ll be the first to receive the core facts.

Filtering Out the Noise, Distilling the Signals

Faced with an information deluge, blindly chasing “quantity” often leads to decision paralysis. Our editorial team prioritizes not only speed but also the “substance” of the information. We filter out ineffective marketing hype and repetitive noise, distilling only the hard-hitting insights that provide practical guidance on market trends and capital flows.

Dual Focus on the Crypto Ecosystem and Global Macro

Our updates aren’t limited to industry developments within the crypto space; we also closely monitor major macro events such as global geopolitical conflicts, policy red lines set by the Federal Reserve and other central banks, fluctuations in traditional commodities, and the restructuring of global supply chains.We understand that today’s digital asset market is deeply intertwined with global macro liquidity, and every macroeconomic development has the potential to send ripples through the crypto space.

Our Service Commitment

We fully understand that in a frenzied and volatile market environment, emotions often run ahead of reason. Therefore, our news section consistently adheres to the principle of “objective reporting, impartiality, and no misinformation.”We do not peddle fear or fabricate myths; we simply serve as the most level-headed sentinel guiding your investment decisions.

Follow Svmuu (Shuimu Finance) · Breaking News. Amid the complex and ever-changing market cycles, let us be the first to help you identify the winds that determine the trend.