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10/18
19:40
Funeral held for 75 Palestinians after remains recovered from Gaza ruins
A mass funeral was held on Sunday for 75 Palestinians whose remains were recently found under the rubble of homes and buildings destroyed in Gaza since Israel launched its war in October 2023. Most of the victims were from the Daraj neighbourhood in Gaza City, according to the Health Ministry.
19:36
XRP Ledger payment volume plummeted 72.3% to 119.5 million XRP on October 17
XRP Ledger payment volume plummeted 72.3% to 119.5 million XRP on October 17, significantly below its 30-day average of 629.3 million. Data for October 18 shows a further 68.6% drop to approximately 37.5 million XRP so far, though the day is not yet complete. The report notes that both drops occurred on a Friday and Saturday, which are typically quieter days, but highlights that XRP's price is also under pressure, trading near $1.30 after falling below key moving averages.
19:24
Egypt's Sisi seeks parliamentary approval for defensive military aid to Saudi Arabia as Houthi attacks intensify, with parliament set to convene Sunday
Egypt's President Abdel Fattah el-Sisi has requested an emergency parliamentary session to approve defensive military aid to Saudi Arabia, following intensified Houthi attacks on the kingdom, including its capital and oil facilities. Parliament is scheduled to convene on Sunday afternoon (10am GMT) to consider the proposal, as Egyptian law requires parliamentary approval for the president to declare war or deploy troops abroad. The National Defence Council, chaired by el-Sisi, has pledged “all necessary and possible support” to Saudi Arabia. Analysts suggest any Egyptian assistance would be “strictly defensive,” focusing on air and missile defence, naval escort, and intelligence sharing, rather than ground troops in Yemen. The move also aims to protect the Suez Canal, which Egypt's foreign minister said has lost approximately $11 billion since Houthi attacks began in 2023.
19:17
Lebanese Foreign Minister Urges Iran to Cease Attacks on Gulf States and Jordan, Condemns Israeli Aggressions Against Lebanon
Lebanese Foreign Minister Youssef Raji has called on Iran and its allies to “cease their aggressions against the Gulf Cooperation Council states and Jordan”. His statement comes a day after Raji had a “lengthy meeting” with his Iranian counterpart. Raji also condemned “persistent Israeli aggressions against Lebanon’s sovereignty and territorial integrity”.
19:14
Al Jazeera: Drug Smuggling Surges on Jordan-Israel Border, Drones and Balloons Emerge as New Methods
According to Al Jazeera, the Jordan-Israel border is emerging as a new hotspot for drug smuggling, with trafficking gangs using high-tech methods such as drones and helium balloons to smuggle cannabis, methamphetamine, and amphetamines from Israel into Jordan. Jordanian Interior Minister Mazen al-Faraya stated that in the first half of 2026, Jordanian security forces recorded 17 drone-related interdictions and shot down 56 drones in the border area; a total of 231 smuggling and infiltration attempts were recorded during the same period. Reports suggest that gangs in Israel's Negev Desert are behind some of the smuggling operations, a situation that has drawn dissatisfaction from Jordanian security forces, who accuse the Israeli military of not taking the issue seriously.
19:13
A house in the Sahar district of Yemen's northern Saada province was bombed, injuring an unknown number of people, according to Al-Masirah TV.
19:04
Monero (XMR) rally gains momentum, approaching $558 resistance
Monero (XMR) is trading near $555 after a daily gain of approximately 4%, pressing against a Fibonacci resistance line at $558. Analysts suggest a confirmed break above $558 could target $575, while failure might see it test the $500 support. The rally is fueled by decreasing exchange liquidity, but regulatory concerns and past rallies' patterns of price outpacing actual use warrant caution.
19:03
Iran says its daily crude oil production capacity increased from 3.43 million barrels in August 2026 to 3.715 million in September 2026, despite war and sanctions, according to IRNA.
19:03
ICICI Bank Limited (IBN) Q2 Earnings: EPS of $0.4 in line with expectations, revenue of $3.48 billion beats expectations.
EPS: $0.4, market expectation $0.4
Revenue: $3.48 billion, market expectation $3.47 billion
Reporting period: FY2027 Q2 (as of 2026-09-30)
Release date: 2026-10-17
18:58
Cysic crypto bridge halted after unauthorized 10M CYS mint
Cysic's crypto bridge has been halted following an unauthorized minting of 10 million CYS tokens. The company stated that the incident was limited to bridge message processing and minting, with no impact on the mainnet or other operational systems.
18:56
Iran's FM Araghchi discusses regional tensions and diplomatic efforts with Pakistani counterpart
Iran's Foreign Minister Araghchi held a call with his Pakistani counterpart, during which they reviewed various bilateral issues and the latest regional developments. They also exchanged views on diplomatic efforts aimed at de-escalating tensions and establishing stability in the West Asia region, according to a post on Telegram by Araghchi.
18:42
Ukrainian drone attack on St. Petersburg, Russia, kills one and hits energy facility; Zelenskyy says Russia violated "energy ceasefire," will resume striking Russian oil refineries; Donald Trump signs executive order exempting Russian energy sanctions.
The mayor of St. Petersburg, Russia, stated on Sunday that a "massive" Ukrainian drone attack on St. Petersburg resulted in at least one death and five injuries, hitting the St. Petersburg oil terminal, the Ruchi oil depot, and an industrial warehouse in the Kolpino district, leading to airport flight disruptions and power outages for approximately 20,000 people. The Russian Ministry of Defense claimed to have neutralized 1,015 Ukrainian drones overnight. Ukrainian President Volodymyr Zelenskyy stated on the same day that Russian night attacks on Ukraine killed two people and accused Moscow of continuously violating the "energy ceasefire" agreement, adding that Ukraine would resume striking Russian oil refineries. Previously, U.S. President Donald Trump signed an executive order on Friday, exempting sanctions and tariffs on Moscow's energy revenues, drawing criticism from Europe and within the United States. U.S. Secretary of State Marco Rubio stated on Saturday that the move was intended to "analyze" the impact of sanctions on the global economy, while Donald Trump claimed the decision was beneficial for both the U.S. and the world.
18:42
Polish Foreign Minister Sikorski warns: Russia's war in Ukraine could spread to NATO neighbors, Poland faces risk of hybrid attacks
Polish Foreign Minister Radoslaw Sikorski warned that Russia's war in Ukraine could spread to neighboring NATO member states and escalate regionally. He noted that Poland, serving as NATO's logistics hub for military and civilian support to Ukraine, is becoming a "primary focus" for Russian destabilization efforts in Europe, enduring approximately 4,000 politically motivated cyberattacks daily. Sikorski emphasized that Europe should be prepared to respond robustly to Russia's hybrid attacks and stated that Russian President Vladimir Putin must acknowledge that his initial objectives are unattainable for the war to end.
18:32
Gaza Health Ministry: The Israeli war on Gaza has killed 74,475 people since October 2023.
According to Al Jazeera, citing reports from the Gaza Ministry of Health, the Israeli war on Gaza has resulted in at least 74,475 deaths and 175,517 injuries since October 2023. Since the so-called "ceasefire" in October 2024, 1,517 Palestinians have been killed, 5,400 injured, and 839 bodies recovered from under the rubble.
18:32
Israeli settlers escalate attacks in the West Bank, including against European diplomats.
Israeli settlers have escalated attacks against Palestinians and their property in the occupied West Bank recently, with multiple incidents occurring on Friday and Saturday. According to local officials and sources, settlers, supported by the Israeli army, attacked the outskirts of al-Mughayyir village northeast of Ramallah and assaulted Palestinian farmers in al-Lubban ash-Sharqiya village south of Nablus, stealing their olive harvest. A delegation of European diplomats, including French mayors, was attacked by settlers near Taybeh village. The Wall and Colonization Resistance Commission documented 40 attacks and violations by the Israeli army and settlers against Palestinian farmers, farmlands, and crops.
18:24
Donald Trump's efforts to curb green energy may prove ineffective, as the conflict in Iran and the AI boom are instead accelerating the development of clean energy, the Financial Times analyzes.
18:18
Financial Times: Accenture seeks to sell China business, valuation up to $1.5 billion
18:15
US Secretary of State Rubio says Ukraine currently lacks access to Starshield, request for deep strikes in Russia 'under discussion'
18:10
Silicon Valley Titans Gather to Discuss AI Bubble: CoreWeave Bond Yields Soar to 15%, Anthropic Q3 Revenue Hits $16.8 Billion, Aims for $2 Trillion Valuation IPO
In the October 17 episode of the "All-In Podcast," a16z co-founder Ben Horowitz, angel investor Jason Calacanis, venture capitalist Chamath Palihapitiya, and former White House AI and Crypto lead David Sacks gathered to deeply analyze the market pressures facing the AI industry. They generally agreed that the current volatility is not a bubble bursting, and that AI computing resources remain structurally scarce. Amazon AWS head Andy Jassy confirmed that GPU supply tightness will persist beyond the end of 2028. However, Palihapitiya warned that AI infrastructure's deep reliance on floating-rate financing is a key risk, and if the 10-year US Treasury yield rises to 6%, related business models will face severe challenges. Meanwhile, computing power provider CoreWeave's bond yields recently surged to around 15%, and its credit default swap (CDS) risk soared to approximately 953 basis points, implying about a 55% chance of default within five years, raising market concerns about its excessive leverage. Leaked financial data from large language model giant Anthropic showed its third-quarter revenue reached $16.8 billion, with a net revenue retention rate of 900%, and it is preparing for an IPO around Thanksgiving this year at a valuation of approximately $2 trillion.
18:07
Hong Kong's new property market is seeing a surge in new launches, with developers like Sun Hung Kai Properties planning to release more units.
Hong Kong's residential market is expected to see more new project launches in the coming days and weeks, following the sell-out of over 360 apartments across two major projects over the weekend. Among them, Sun Hung Kai Properties plans to launch 152 apartments from Phase 2C(2) of its Sierra Sea project in Shap Sze Heung (between Sai Kung and Ma On Shan) this Wednesday (October 21). Additionally, Swire Properties and Chinachem Group have announced plans to redevelop three buildings in Taikoo Place into a premium Grade A office tower.
18:05
Al Jazeera reported that a Palestinian was shot dead by Israeli forces in the Beit Lahiya area of northern Gaza.
17:56
Egyptian President Sisi chaired a meeting of the National Defense Council, pledging "all necessary support" to Saudi Arabia and strengthening diplomatic efforts.
Egypt's National Defense Council, chaired by President Sisi, convened and stated it would provide "all necessary and possible support" to Saudi Arabia to "defend its security and stability," Al Jazeera reported. The council emphasized "full support" for Saudi Arabia in defending its resources, territorial integrity, and Islamic holy sites. Additionally, the presidential office added that Cairo would intensify diplomatic efforts to de-escalate regional tensions.
17:44
Sudan's Civil War Causes Soaring Drug Costs, Forcing Citizens to Choose Between Food and Medicine
According to Al Jazeera, Sudan's three-and-a-half-year civil war has led to a sharp increase in drug costs, forcing many chronic disease patients to choose between buying food and medicine. The United Nations Development Programme (UNDP) noted that the war has set Sudan's income levels back to the 1990s. The civil war has also caused approximately $500 million in damage to Sudan's pharmaceutical supply system, including inventory, infrastructure, and transportation fleets. Of the 30 pharmaceutical factories in the capital Khartoum, only 8 have resumed operations, exacerbating the reliance on imported medicines. Meanwhile, the Sudanese pound has depreciated against the US dollar on the black market from approximately 600:1 before the war to 9300:1, further driving up drug prices and making daily essential medicines unaffordable for many patients.
17:44
Yemen Conflict Escalates, Causing Casualties and Deepening Humanitarian Crisis: Over 230,000 Displaced, Taiz Hospital Has Only 4 Days of Fuel Left
Al Jazeera reported that Yemeni government forces and Houthi rebels clashed fiercely on multiple fronts, resulting in casualties on both sides. On Saturday, eight government soldiers were killed in Lahij province, and 12 Houthi fighters were killed in Taiz province. Meanwhile, the humanitarian crisis continues to deepen, with International Organization for Migration data showing that the conflict has displaced over 233,000 people, including approximately 121,000 in Taiz province alone. The World Health Organization warned that 12 hospitals in Taiz city have only four days' worth of fuel remaining and face severe shortages of surgical supplies, oxygen, and medicines, with the cholera epidemic worsening. Additionally, the conflict has spread to East Africa, with the UNHCR confirming over 4,000 refugees have arrived in the region, and Djibouti refugee camps reporting 31 cholera cases and one death. The UK Maritime Trade Operations (UKMTO) reported that an LNG tanker was attacked by armed individuals off the coast of Al Mukalla, Yemen. The tanker returned fire, forcing the attackers to withdraw.
17:40
Chinese AR manufacturer Rokid opens smart glasses unmanned retail flagship store in Hong Kong.
The store, which opened on Thursday at Harbour City in Hong Kong, is the first unmanned retail model in the global smart glasses industry. Zoro Shao, Vice President and Head of International Business at Rokid, stated that during the trial operation, the store sold 5 to 6 wearable devices daily, priced at HK$4,688 (approximately US$599), significantly exceeding internal expectations.
17:32
The Wall Street Journal commented that the volatility in AI stocks reminds the market that "this time is no different," as artificial intelligence development has not avoided the problems faced by past large-scale capital projects.
17:30
SEC Chair Atkins Reaffirms Push for Comprehensive Crypto Rules
U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins has reiterated the agency's dedication to a comprehensive crypto regulatory regime, despite recent legislative challenges in Washington, D.C. Atkins praised outgoing White House Crypto Council Executive Director Patrick Witt's efforts in advancing the Trump administration's vision for crypto dominance. He affirmed the SEC's commitment to establishing a "common-sense, comprehensive crypto market structure" in the U.S., especially after the Digital Asset Market Clarity Act (CLARITY Act) failed to pass the Senate on September 15. Atkins had previously announced temporary regulatory relief for tokenized stock trading in September, emphasizing the need for more rulemaking.
17:28
A Chinese suspect, allegedly involved in cryptocurrency and foreign exchange transactions through 133 accounts, providing services to an international criminal network valued at $75 million, has been arrested in Bangkok.
17:19
GCC Secretary-General calls on the international community to take a clear stance on Houthi attacks in the Gulf region.
GCC Secretary-General Jasem Mohamed Albudaiwi called on the international community to take a "clear, international stance" against the Houthi attacks in the Gulf region. He stated that repeated attacks on GCC countries cannot be ignored and emphasized that the security of Saudi Arabia is an integral part of the GCC. Albudaiwi also urged Iran to comply with international law and called on the international community to fulfill its commitments.
17:02
Iran's new defence minister warns US of “surprising and extensive” response
Mehrdad Akhlaghi Ketabchi, after securing a vote of confidence in the Iranian parliament and becoming the country’s new defence minister, warned the US against “another miscalculation”. He stated that if the US commits such an error, “the response from the proud Iranian nation and the warriors of Islam will be both surprising and extensive,” adding that regional and global consequences would rest solely upon the US government and its allies. Ketabchi also noted that Iran’s defensive capabilities have been refined since the 12-day war, altering enemy assessments.

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