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10/17
10:13
Tesla Executive Details New Roadster: All-wheel drive dropped, target weight under 1.7 tons, equipped with exclusive 4680 batteries
Lars Moravy, Vice President of Vehicle Engineering at Tesla, for the first time systematically disclosed the core technical details of the new Roadster on October 16. The vehicle abandons the all-wheel-drive solution in favor of a dual-motor rear-wheel-drive layout, equipped with a custom-designed 4680 battery, targeting a total vehicle weight slightly below 1700 kg. The top-tier Rocket version will feature SpaceX cold gas thrusters, claiming a 0-to-60 mph acceleration in just 0.55 seconds, and possessing limited ground-effect flight capability. Additionally, the new Roadster introduces an active ground suction system to compensate for insufficient aerodynamic effects at low speeds.
10:04
Foreign banks such as Deutsche Bank, HSBC, and Standard Chartered are reducing their branch networks in China due to low returns, shifting their focus to wealth management and digitalization.
10:03
The UK Maritime Trade Operations (UKMTO) warned that maritime attacks are underreported, and transit volumes through the Strait of Hormuz remain about 70% below pre-war levels.
UKMTO reported a total of 12 attacks during its latest weekly reporting period, 10 of which occurred in the Strait of Hormuz. The organization warned that it is difficult to determine the true number of attacks because most affected vessels refuse to report incidents to them.
10:02
Visa and Mastercard announce USDC payments adoption across 200 countries and regions globally.
Visa and Mastercard announced on October 15 that they will adopt USDC payments in 200 countries and regions worldwide, providing eligible businesses with new stablecoin funding routes. Visa will pre-fund Visa Direct cross-border payments through Inyo Global, while Mastercard will connect stablecoin balances to local currency bank payments via the BVNK platform.
09:53
IRGC says oil supertanker hit mine in Strait of Hormuz, catches fire
Iran’s Islamic Revolutionary Guard Corps (IRGC) navy says a supertanker carrying over two million barrels of crude oil struck a sea mine and caught fire while attempting to cross the Strait of Hormuz via an “unauthorised” route. The IRGC alleged the tanker had turned off tracking systems and was attempting passage with US military support, warning that “The Strait of Hormuz is closed” and vessels violating regulations would face severe consequences.
09:48
U.S. Ambassador to South Korea Philip Goldberg emphasized the contribution of South Korean investment to the U.S. economy and job creation, expressing a desire to expand economic cooperation between the two countries.
09:48
Trump highlights Hyundai Transys' nearly $560 million investment pledge in Georgia at campaign rally
09:48
U.S. Senator McCormick praised Hanwha Group's investment in the Philadelphia Naval Shipyard, stating that it is revitalizing the American shipbuilding industry and transferring advanced technology.
09:43
UNICEF: Over 340 Children Have Died in Gaza Since October 2025 "Ceasefire"
Ricardo Pires, a spokesperson for UNICEF, stated that Israeli attacks on Gaza have resulted in the deaths of over 340 children and injuries to hundreds since the "ceasefire" agreement took effect in October 2025. Speaking at a press conference at the UN headquarters in Geneva, Pires noted that attacks on Palestinians are continuing amid the ongoing "blockade" of the Gaza Strip. He added that attacks over the past two weeks have killed five boys and two girls, and seriously injured at least 33 children. Approximately 800,000 children in Gaza are currently displaced, with most living in tents or unsafe structures, and conditions are expected to worsen further in winter.
09:24
Wall Street: JPMorgan's "Democrat Factor" surges 20%, as market expectations for a Democratic sweep of both chambers of Congress rise, with crypto-related assets listed as shorting targets.
JPMorgan Chase's "Democrat Factor" has risen by approximately 20% since August, significantly outperforming the S&P 500's 2.6% gain over the same period, reflecting Wall Street's growing expectation of a Democratic sweep of both chambers. Prediction platform Polymarket currently prices the probability of a Democratic sweep at 64-65%. However, pricing at the broad U.S. stock market index level still reflects the old baseline scenario of a "divided Congress."

ZeroHedge, after reviewing the latest research reports from major investment banks, noted that JPMorgan Chase Delta-One strategist Manish Sinha stated that if compared on a risk-parity basis, the factor's annualized return would be as high as approximately 170%. Goldman Sachs strategist Alec Phillips cited historical data, cautioning that prediction markets tend to overestimate the probability of the challenging party sweeping both chambers as midterm elections approach, with an average decline of about 5 percentage points from early October to election day.

Wall Street investment banks have also provided specific long and short strategies for a "Democratic Congress" scenario, including recommendations to short small and mid-cap defense stocks, capital market-related stocks, energy permit beneficiaries, and cryptocurrency-related assets driven by the CLARITY Act.
09:24
US Congresswoman Rosa DeLauro demands accountability after Israeli settlers attacked Washington Post photographer Heidi Levine and Palestinian villagers in occupied West Bank
US Congresswoman Rosa DeLauro has called for accountability after Israeli settlers attacked Washington Post photographer Heidi Levine and Palestinian villagers in the occupied West Bank on Friday. DeLauro stated that if settlers would attack an American journalist on camera, in broad daylight, one can only imagine what Palestinian families face when no one is watching. Levine reported being kicked approximately 50 times during the attack, which also involved setting olive groves on fire and throwing rocks.
09:01
White House: The U.S. President implemented the "Senator Lindsey Graham Sanctioning Russia and Iran Act," imposing a 500% tariff on Russian goods and a 100% tariff on countries purchasing Russian oil and gas or assisting in sanctions evasion, while exempting some sanctions.
The White House announced that the U.S. President has implemented the Lindsey Graham Sanction Russia and Iran Act. Under this act, the U.S. will impose a 500% ad valorem tariff on goods from the Russian Federation. Additionally, for the top five importing countries that knowingly purchase Russian crude oil or natural gas on or after October 18, 2026, and the top five facilitating countries for Russian oil sanction evasion, their goods tariffs will increase by 100%. The President has also, under the authority of the act, exempted certain sanctions, restrictions, and tariffs, and has submitted certifications and reports to Congress justifying these exemptions as being in the U.S. national interest.
08:58
Anthropic Offers Double-Digit Yield to Blackstone in Latest Chip Funding Round
AI lab Anthropic offered Blackstone a double-digit yield in its latest chip funding round, the Financial Times reported. However, high borrowing costs are complicating its goal of achieving an investment-grade rating.
08:46
The Indian Rupee gained 2% in a single week, its largest rise in seven months, but the trade deficit expanded to $30.21 billion in September, and the central bank has already utilized about half of its intervention funds.
The Indian Rupee gained approximately 2% this week, closing at 84.96 per US dollar on Friday, marking its largest weekly increase in seven months. This follows measures by the Reserve Bank of India (RBI) to stabilize the exchange rate, including directing oil dollar demand to the over-the-counter market and significantly tightening limits on foreign currency purchases. However, these policies have also had side effects: hedging costs have surged to a decade high, bond yields have climbed to their highest level in over three years, and foreign exchange market liquidity has rapidly shrunk. Fundamental data shows India's merchandise trade deficit widened to $30.21 billion in September, up from $26.8 billion in August, intensifying market concerns about current account pressures. On the reserves front, the RBI raised over $14 billion through special measures and has used about half of it to replenish foreign exchange reserves. However, as of the end of August, the central bank's net forward dollar liabilities still stood at $20 billion.
08:42
Yemeni government forces claim nearly 380 Houthi militants killed or wounded in Taiz clashes.
Yemeni government forces claim 168 Houthi militants were killed and 210 injured in ground clashes and airstrikes in Taiz province, totaling 378 casualties, according to a statement from the Taiz Axis Military Command. The statement noted that warplanes conducted nine airstrikes on Houthi positions and gatherings in the al-Misrakh district, the al-Shaqab front, and areas surrounding Taiz city. Fighting was also reported on the western front.
08:35
Chinese Stocks Turn Biggest Losers as Global AI Trade Stumbles, a Setback for Beijing's Tech Supremacy Ambition
08:28
Spanish Prime Minister Sanchez stated that the war in Iran has cost Europe over 100 billion euros.
Spanish Prime Minister Pedro Sánchez stated that the war in Iran has cost Europe over €100 billion (approximately $112 billion), with ordinary citizens bearing the economic burden. He posted on X with an accompanying video statement, saying: "Those who oppose the war are right, and we know that ordinary citizens will ultimately pay for it." Sánchez said at a press conference following the European Council summit in Brussels that opponents of the war have been proven right not only in terms of international law and human rights, but also regarding the economic and social consequences citizens are experiencing. He added that the Spanish Parliament has approved an aid package worth over €12 billion (approximately $13.4 billion) to protect affected industries and motorists. Sánchez emphasized that the current priority is to resolve this disaster as quickly as possible.
08:17
Ethereum (ETH) is currently trading at $2,455, with analysts suggesting it is in a consolidation phase and faces overhead resistance at $2,490.
U.Today analysis indicates that Ethereum (ETH) is currently trading at $2,455, slightly below the resistance level of $2,490, with strong support at $2,310. If the daily closing price can sustain above $2,490, it could potentially rise to $2,600; a drop below $2,310 might lead to a slide towards $2,100.
08:06
Italian Defence Minister Crosetto: Trump's Ukraine support restrictions "completely wrong"
Italian Defence Minister Guido Crosetto told the BBC that US President Donald Trump's move to limit Ukraine's access to satellite systems and intelligence is a "complete mistake, a major mistake" that risks prolonging Russia's full-scale invasion. Crosetto warned that such actions "make absolutely no sense" and would not help bring peace. Italy's Prime Minister Giorgia Meloni also previously criticized Trump's deal to buy diesel from Russia, calling it a "very risky choice" that would "grant Russia legitimacy."
08:01
Anthropic Claude Mythos 5 achieves a major breakthrough in quantum circuit design, reducing the number of gates for elliptic curve operations by 17 times.
Anthropic released research on October 16, demonstrating that its Claude Mythos 5, aided by an automated evaluation system, optimized eight quantum circuit design tasks spanning quantum chemistry, optimization, physical simulation, and number theory. The AI developed a reversible modular inverse algorithm, reducing the number of quantum gates for elliptic curve point addition circuits by approximately 17 times (though requiring a 12% increase in qubits), and decreasing the number of gates for Reed–Solomon decoding circuits in the quantum optimization algorithm DQI by about 12 times. The research results are still in the design and verification phase and have not yet been validated on actual quantum hardware.
07:45
Musk retweeted a post stating that Grok Bot's speed has significantly increased, with computer tasks being 3 times faster and response times halved.
Musk retweeted that Grok Bot's speed has significantly increased, with computer tasks being 3 times faster on average and other response times halved.
07:24
Federal Reserve Chairman Warsh declined to offer guidance on the outlook for the October interest rate meeting, and the 10-year US Treasury yield rose to 5.097%.
Federal Reserve Chairman Warsh declined to offer any guidance on the outlook for the October interest rate meeting at the IMF event in Bangkok, leaving markets without clear policy direction. Long-end government bond yields rose further amid increasing oil prices and inflation concerns, with the 10-year government bond yield climbing to 5.097% and the 30-year government bond yield reaching 5.436%.
07:24
The Nasdaq Composite fell approximately 4.5% this week, marking its largest weekly decline since the week of June 26.
U.S. stocks fell across the board on Friday, with the tech sector bearing the brunt. The Nasdaq Composite Index dropped approximately 4.5% for the week, marking its largest weekly decline since the week of June 26. NVIDIA's stock fell 1.4%, and Dell Technologies plunged 4.6%, bringing its weekly loss to over 22%.
07:19
Former Mt. Gox CEO: Ledger received reports of hardware wallet tampering since December 2025 but did not issue a public warning, involving the CryptoBilis incident.
Former Mt. Gox CEO Mark Karpelès stated that Ledger has been receiving reports of hardware wallets being implanted with malicious components since December 2025 but has not issued a public warning. Security researcher Joe Grand reported on March 4, 2026, that a Nano X device purchased from Lazada in Thailand had a security vulnerability, which Ledger has confirmed and is investigating internally. Additionally, a security incident disclosed on October 9 involved devices sold by CryptoBilis, an authorized dealer in Southeast Asia. Karpelès urged Ledger to proactively warn users as similar reports are increasing.
07:18
Yemeni government forces announced the capture of a Houthi drone operating team in Taiz province.
Yemeni government forces announced the capture of a Houthi team specializing in operating and controlling drones in the southwestern Taiz province. According to a statement posted on Facebook by the Yemeni Army's 35th Armored Brigade, its forces detained the team on the al-Aqrud–Kahlan front, southeast of Taiz. This capture comes as conflicts in Taiz have escalated this month, worsening humanitarian conditions and displacing thousands due to fighting and restricted supply routes.
07:01
Saudi Civil Defense issues warning for Abha city and Khamis Mushait province.
Saudi Civil Defense issued a warning for the cities of Abha and Khamis Mushait via the National Early Warning Platform. The agency posted on X (formerly Twitter) to alert residents of potential dangers and urged them to follow safety instructions.
06:47
UK Foreign Office expands non-essential travel warning to all of Saudi Arabia, citing heightened threats to airports
Britain’s Foreign Office widened its advice against all but essential travel to cover the whole of Saudi Arabia, extending a warning that previously applied to specified regions and cities. The guidance, updated on Friday, maintained the stricter warning against all travel within 10km of the Yemen border. The ministry warned of heightened threats to airports, military facilities, ports, and energy infrastructure, saying further airport attacks, disruption, and cancellations were “very likely.” It advised British nationals to stay away from Riyadh’s King Khalid International Airport until it was secure and consider travelling overland to a neighbouring country to leave the kingdom.
06:41
New York Fed: October Service Price Hikes Fastest Since 2022, Business Activity Index Falls to Lowest Since March
The New York Fed's October Business Leaders Survey, released Friday, showed that service sector selling price increases accelerated to their fastest pace since 2022, input cost growth remained strong, and supply conditions continued to deteriorate. Meanwhile, the overall business activity index fell 12 points from the previous month to -20.7, marking its weakest reading since March. Chicago Fed President Austan Goolsbee stated on Wednesday that there are few signs of improvement in services inflation, which needs close monitoring; Federal Reserve Chairman Warsh, on Thursday evening, remained vague about the future policy path. Service sector price pressures have re-emerged as a central variable for the Federal Reserve's policy path, with markets widely expecting another rate hike this year.
06:32
Cross River Bank Integrates Ripple's RLUSD Stablecoin into Core Banking System, Enabling Fintech Access via Single API
Cross River Bank announced on October 15 that it has linked Ripple's US dollar-backed RLUSD stablecoin to its core banking platform with XRP Ledger support. This integration allows fintechs to access RLUSD payments through the same API used for conventional banking services, streamlining cross-border payments and treasury transfers. Services are currently available in a limited number of US states. The move expands Ripple's distribution channel and positions RLUSD as an additional payment rail for fintech customers.
06:10
Yemen's government says Houthis fired two missiles at Aden airport
Yemen's internationally recognised government reported that Houthis launched two missiles at Aden International Airport on Friday, landing 500 meters from a preparing aircraft. All passengers and crew were safe. This attack follows a deadly assault on the presidential palace and comes amid renewed heavy fighting. Separately, Yemeni government forces claimed to have advanced in Marib province, neutralising over 430 Houthi fighters in 24 hours, and fended off attacks in Taiz. The Saudi-led coalition also stated it downed missiles and drones over Riyadh and other parts of Saudi Arabia. Iran denied involvement in Houthi operations and reiterated a mediation proposal.

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