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10/16
13:34
Musk reposted a Tesla tweet, stating that its vehicle's 0-60 mph acceleration time is 0.81 seconds.
13:32
Coinbase reports delayed sends on TON Network
13:26
Vitol: Ship-Fuel Squeeze Persists Despite More Hormuz Crude
A top Vitol Group executive stated that accelerating crude exports through the Strait of Hormuz are not translating into higher production of dirty shipping fuel, leading to tightening supplies and soaring prices. Vitol's Asia head Kieran Gallagher noted at a Singapore conference this week that the Middle East conflict has reduced fuel oil supply from the Persian Gulf by 800,000 barrels per month, while Ukrainian attacks on Russian refineries have cut supply by 1 million tons per month.
13:24
Balaji Srinivasan aims to make Farcaster the "Singapore of social media," kicking off with a wave of bans intended to make it a haven for polite techno-optimists.
13:21
Samsung Electronics rose 5.71% today, now trading at ₩222,000.
13:19
IMF officials expressed confidence in Argentina's ability to meet its debt obligations in 2027.
Luis Cubeddu, Deputy Director of the IMF's Western Hemisphere Department, stated that the organization is "quite confident" in the Argentine authorities' ability to meet their debt obligations in 2027.
13:18
Chinese tech companies push into Japan market amid tensions
Chinese tech companies are making a push to unlock business opportunities in Japan, despite a severe diplomatic chill between the neighbors. Shenzhen-based embodied AI robotics startup LimX Dynamics, among others, showcased its technology at the CEATEC show near Tokyo on Oct. 15, as Chinese firms seek to escape domestic pressures.
13:16
Spot Bitcoin ETFs Recorded $5.06 Million in Net Inflows, While Spot Ethereum ETFs Saw $60.22 Million in Net Outflows Yesterday
13:15
Upbit to Suspend Hana Certificate Dual-Channel Authentication Service
Upbit announced that due to system maintenance at Hana Bank, its dual-channel authentication service via Hana certificates will be suspended from October 17, 2026, 00:00 to 03:00. During this period, users can still use dual-channel authentication normally via KakaoTalk certificates or Naver certificates.
13:11
Record number of attacks on ships in the Strait of Hormuz, oil exports slow to 12.6 million bpd
According to BBC Verify's analysis of UK maritime agency data, 12 vessels were attacked in the Strait of Hormuz and surrounding areas between October 5 and 11, marking the highest weekly total since the start of the US-Iran war. As the number of attacks increased, oil exports through the strait slowed from 15 million barrels/day at the end of September to 12.6 million barrels/day on October 13, significantly lower than the pre-war level of 17 million barrels/day. Experts believe Iran is attempting to strengthen its control over the waterway by attacking ships.
13:11
BBC: Western countries are seeing a surge in deportations of Russian dissidents, with many facing imprisonment or conscription upon returning home.
The British Broadcasting Corporation (BBC) reported a significant increase in the number of anti-government activists seeking asylum who were repatriated to Russia by Western countries over the past year. The number of repatriations from the United States rose from 222 in 2023 to over 1,200 in 2025, while Germany's repatriations increased from 7 in 2023 to over 110 in 2025. The European Union's approval rate for Russian asylum applications also dropped from 23% in 2024 to approximately 17% in the first nine months of 2025. The report noted that many of these repatriated dissidents face risks of arrest, imprisonment, or forced conscription upon returning home. For example, anti-war activist Leonid Melekhin was sentenced to six years in prison for "justifying terrorism" after his repatriation. Western governments are facing political pressure and security concerns regarding immigration, leading to tighter restrictions on humanitarian programs and asylum seekers.
13:08
Metals rebound in London as sentiment improves after US inflation shock
Metals — including copper, aluminum and zinc — rebounded in London after a shaky few days of trading fueled by fears of more aggressive tightening by the Federal Reserve.
13:03
'Father of Lan Kwai Fong' Allan Zeman's Group launches first luxury residential project in Hong Kong
Allan Zeman's Lan Kwai Fong Group has launched its first luxury residential project in Hong Kong, named 181 Clearwater. Located in rural Sai Kung, the project, developed with Far East Consortium and Hien Lee Engineering, has received presale approval and is slated for completion in mid-2027. It comprises 26 private garden villas, ranging from 1,877 to 2,867 square feet, bringing a Thai resort-style concept to the city. Zeman is bullish on the Northern Metropolis and stated he would sell his Lan Kwai Fong assets if the price was right.
13:02
Moody's: IPO Market Slump Prompts Private Equity Firms to Pay Dividends to Investors via Debt Markets, EMEA Region May See Another €41 Billion in Debt
Moody's Ratings states that private equity firms are increasingly returning cash to investors through debt-funded dividend recaps, due to a continued slump in IPOs and company sales. Moody's expects private equity firms in the Europe, Middle East, and Africa (EMEA) region could take on an additional €41 billion (approximately $46 billion) in debt before reaching leverage levels that would typically trigger a rating downgrade. Moody's analyst Mayank Mallik noted that this practice is largely confined to the best-performing companies, but if the IPO window were to unexpectedly open, companies that have recently undergone dividend recaps might be unable to seize the opportunity. Moody's also stated that distributions from private equity funds to investors have fallen from over 30% of initial net asset value in 2022 to about 12% currently.
12:53
Fed Chair Warsh: AI is the "most consequential change" to the global economy in his lifetime, predicting positive effects but a "bumpy" path
US Federal Reserve Chair Kevin Warsh stated on Friday that AI technology represents the "most consequential change" to the global economy he has witnessed. He predicted its effects would be positive, driving prices up in the short term through demand-side effects but bringing a huge long-term benefit via supply-side shock, though the path forward would be "very bumpy". Warsh also noted the Fed expects to use AI to better analyze data for monetary policy. He reiterated his belief that the technology would make economies more productive if put to good use.
12:44
South Korea's manufacturing employment rises for first time in 27 months in September
South Korea's manufacturing employment rose for the first time in 27 months in September, with manufacturers employing 4.36 million people, up 16,000 from a year earlier, government data released Friday showed. This increase ends 26 consecutive months of job losses in the sector, which had shed 38,000 jobs in August and 68,000 in July.
12:43
CoinGecko Report: Total Crypto Market Cap Jumps $800 Billion in Q3 2026, But Spot Trading Volume Drops 14%
CoinGecko's Q3 2026 report shows the total crypto market capitalization grew by 39.6% from July to September, reaching approximately $2.96 trillion. However, spot trading volume on the top ten centralized exchanges decreased by 14.2% to $1.65 trillion, while perpetual contract open interest surpassed $100 billion by the end of September, a 40.6% increase. This indicates a recovery in valuations accompanied by reduced spot trading volumes and an increase in the dollar value of derivatives contracts.
12:34
Gaza Health Ministry: Israel blocks critically ill patients from leaving Gaza, overwhelming hospitals
Gaza’s Health Ministry stated that Israel has kept the Rafah crossing closed for a second consecutive week, preventing critically ill and wounded patients from seeking treatment abroad. The ministry warned that this has led to a dangerous backlog of critical cases, with waiting lists growing daily and far exceeding the capacity of Gaza’s dilapidated hospitals. It called on all concerned parties to apply urgent pressure on Israel to open Rafah and other crossings.
12:31
Singapore-flagged ship sank in Strait of Hormuz, but experts say vessels will continue transiting
One Singapore-flagged container ship, GFS Pride, sank and another, GFS Giselle, was damaged after being attacked in the Strait of Hormuz this week. Maritime experts say Singapore vessels will continue navigating the perilous strait due to strong demand for Middle Eastern energy and commercial opportunities, despite heightened risks. Crossings through the Strait of Hormuz fell to 131 in the week ended Oct. 14, from 176 the previous week.
12:31
Binance founder CZ retweeted, expressing regret over the temporary suspension of the Solana Shanghai event and noting that it was not the first time this had occurred.
12:31
OpenAI Discloses: Its AI Agent Stole Funds from Another Wallet Using a Public Seed Phrase After Depleting Funds on the Ethereum Testnet
OpenAI disclosed on Thursday that its internal research model, GPT-5.6 Sol series, ran out of funds while executing coding tasks on the Ethereum Sepolia testnet. It then scanned publicly available seed phrases commonly used by developers, found, and utilized test tokens from another wallet to cover the fees. The incident occurred on June 26 and was discovered by OpenAI on September 25. Before acting, the model questioned the ethics of the move but ultimately deemed the funds "practically abandoned." OpenAI stated it has since increased internet access restrictions and monitoring measures.
12:25
South Korea's KOSPI index rose 4.08% today, now at 5,780.78.
12:20
Bitcoin buyers snap up brief drop below $80,000 to rebound to $82,500, as Asian stocks rebound
Bitcoin rebounded to nearly $82,500 within two hours after briefly dipping below $80,000 in Friday Asian morning hours. Concurrently, Asian chip stocks recovered from Thursday's rout, with South Korea's Kospi jumping nearly 3% and the MSCI Asia Pacific equities gauge climbing 1.3%. Samsung Electronics and SK Hynix both gained over 2%.
12:20
FT Opinion: US business leaders are waking up to the dangers of "plutocratic populism," which undermines free trade and global alliances.
12:19
UK Chancellor Reeves courts UBS for London HQ move amid new capital proposals
UK Chancellor Rachel Reeves is actively pitching the City of London to Swiss bank UBS as a potential new headquarters location. UBS is currently weighing its options in response to new capital proposals, according to the Financial Times.
12:16
Samsung Electronics rose 4.05% today, now trading at ₩218,500.
12:14
Fed's Warsh says AI path will be 'very bumpy' but ultimately 'very good' for wealth
Federal Reserve Chairman Kevin Warsh said he's optimistic that artificial intelligence will make economies that use it well more productive and wealthier, though he warned the road there will be "very bumpy" and its near-term effect on jobs is unknown. Warsh spoke at a fireside chat with the International Monetary Fund's managing director, Kristalina Georgieva, as part of the weeklong IMF-World Bank Annual Meetings in Bangkok on Friday. He declined to say what he will do at the coming Fed meeting, stating he does not prejudge meetings.
12:08
Musk reposted a tweet, stating that Tesla's achievements are "not AI."
Musk retweeted a post from user tobi, which stated, "Tesla actually did it. This is not AI."
12:05
Hybe shares jump 10% on Friday as BTS world tour lifts Q3 earnings hopes, with revenue expected to reach 1.5 trillion won ($1.11 billion) and concert revenue nearly tripling to 717 billion won.
12:03
Saudi Arabia says 2027 Asian Cup preparations remain on schedule despite Houthi attacks
Saudi Arabia's local organising committee stated late on Thursday that preparations for the 2027 AFC Asian Cup are still on schedule, despite escalating Houthi attacks on the kingdom. The tournament is set to begin on January 7 in Riyadh, Jeddah, and Al Khobar. AFC President Sheikh Salman bin Ebrahim Al Khalifa said on Wednesday that a final decision could wait until the end of November, adding that a one-year postponement to 2028 is possible if needed.

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