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10/20
11:18
Iran's IRGC claims shooting down US MQ-9 drone over Strait of Hormuz
Iran’s Islamic Revolutionary Guard Corps (IRGC) claimed it intercepted and destroyed a US MQ-9 drone over the Strait of Hormuz early on Tuesday, according to state broadcaster IRIB. The IRGC stated its advanced air defense system downed the drone.
11:16
Trump: Government announces highest-ever biofuel production targets, projected to bring $4 billion in new revenue to Kansas farmers, and seeks to permanently allow year-round E-15 sales.
Donald Trump stated that his administration ended the unfair estate tax to protect family farms. Additionally, the administration announced the highest biofuel production targets in history, which are projected to generate $4 billion in new farm income and increase demand for Kansas farmers. He has also granted Kansas a year-round E-15 sales waiver and plans to work with Senator Roger Marshall to make year-round E-15 sales permanent.
11:11
Asian LNG Prices Jump to Highest in Almost Four Years on Tanker Strikes
The rise comes as attacks on tankers in the Middle East damped hopes for a recovery in exports from the war-torn region.
11:08
Trump endorses Ty Masterson for Kansas Governor, criticizes Cindy Holscher
President Donald J. Trump urged voters to defeat Cindy Holscher, calling her the 'Most Radical Candidate ever to run for Kansas Governor.' He stated that Holscher supported raising property taxes, stripping parental rights, and voted for 'Men in Women’s Sports, and Men in Girls’ Locker Rooms.' Trump also claimed Holscher said Jesus was gay and transgender, and that her role model, Gavin Newsom, would lead to 'Homelessness, Corruption, High Crime, and High Costs.'
11:08
Donald Trump has posted in support of Kansas Senator Roger Marshall, stating that Marshall will vote for lower taxes, reduced regulation, a prosperous oil and gas industry, and against illegal immigration.
Donald Trump posted on Truth Social, expressing support for Kansas Senator Roger Marshall, calling Marshall the only barrier between the people of Kansas and "the communists controlling the United States Senate." Trump noted that Marshall has been endorsed by the National Rifle Association (N.R.A.) and the Kansas Farm Bureau, and will vote for low taxes, reduced regulations, a prosperous Kansas oil and gas industry, and against illegal immigration.
11:07
Donald Trump posted that his administration abolished the federal government's discriminatory "diversity, equity, and inclusion" policies, removed critical race theory and transgender issues from schools, and made English the official language of the United States.
11:07
Trump announced that the Department of Agriculture will launch an $8 billion "Harvest Fuel Relief Program."
Donald Trump announced on Truth Social that the Department of Agriculture will launch a new "Harvest Fuel Relief Program," providing $8 billion in support to farmers to offset diesel costs this harvest season. He also mentioned that two weeks prior, he signed an executive order exempting red-dyed diesel from off-road requirements, allowing farmers and truck drivers to refuel with tax-exempt diesel.
11:07
Hong Kong CE John Lee says city to showcase comprehensive development at Apec Finance Ministers’ Meeting
11:06
Trump: Signed 'THE GREAT BIG BEAUTIFUL BILL' with Republican Congress, delivering 'LARGEST TAX CUTS IN AMERICAN HISTORY,' including no tax on tips, overtime, and Social Security for seniors
11:06
Donald Trump posted that during his tenure, the US saw the largest historical decrease in violent crime rates, with the murder rate falling to its lowest level in 125 years.
11:05
Donald Trump: This election is about the future of the United States, calling on voters to support the Republican Party to lower taxes and combat crime.
Donald Trump posted on Truth Social, stating that the choice in this election is very simple: either vote for "radical left Democrat communists" who will plunder wealth, raise taxes by $5 trillion, destroy borders, devastate Kansas farms, harm children, and grant amnesty and voting rights to 25 million illegal immigrants; or defeat them and vote for Republicans to achieve more income, higher wages, lower taxes, less crime, a prosperous Kansas economy, and reject amnesty for illegal immigrants.
10:50
India's telecom giant Jio Platforms' IPO anchor book was oversubscribed 30 times, with investors including BlackRock and GIC bidding over $26.3 billion, for a planned fundraising of $3.2 billion.
10:50
Ramp is seeking a trust bank charter from the Office of the Comptroller of the Currency (OCC) to provide digital asset custody services. The proposed bank will not accept deposits or issue commercial loans, and plans to develop products in collaboration with existing banking partners.
10:47
South Korean Finance Minister: South Korea will support the establishment of a global "AI-based society" to ensure no country is left behind in the AI transformation.
10:43
Musk announced two significant adjustments to the X platform's timeline recommendation algorithm, stating that user active seconds continue to hit new all-time highs.
Musk posted that X's timeline recommendation algorithm has undergone two important adjustments: first, a new AI/SI ranking model can better predict the time users might spend; second, the retrieval model has been trained to better display posts that users read completely. He pointed out that user active seconds are growing exponentially, reaching new all-time highs almost every day.
10:40
Singapore Dollar Consolidates Amid Mixed Signals
The Singapore dollar consolidated against its U.S. counterpart in the Asian session amid mixed signals.
10:39
White House: The U.S. President spoke during "National Forest Products Week," emphasizing increased domestic timber supply and significant achievements.
The U.S. President, speaking during "National Forest Products Week," reaffirmed a commitment to conserving forests and responsibly utilizing their resources to support families and strengthen American jobs and industry. The President stated that two executive orders signed last year, aimed at increasing domestic timber supply and reducing reliance on imports, have spurred over $500 million in new domestic industry investments and increased annual industry revenue by more than $5,600. Furthermore, the U.S. Department of Agriculture's Forest Service has sold over 3 billion board feet of American timber this year, marking the highest sales in nearly three decades, and achieved 116% of its annual reforestation target, the highest level in twenty-six years. The President also noted that the administration is cutting red tape, eliminating unnecessary environmental regulations for industries such as logging and paper, and has established the "America the Beautiful Council" to lead forest management and conservation efforts.
10:37
South Korean chipmakers led losses in the stock market on Tuesday, as foreign investors reduced holdings due to surging US Treasury yields and a poor IPO performance by a data center company.
10:33
Al Jazeera analyst suggests Benny Gantz's withdrawal from Israel's 2026 election campaign may be a move for a presidential bid
Al Jazeera's senior political analyst Marwan Bishara suggests Benny Gantz's withdrawal from Israel's 2026 election campaign may be a move to position himself for a potential presidential bid, while avoiding direct confrontation with competing political camps. Bishara also notes that major political camps in Israel share similar positions on maintaining a presence in Gaza and continuing settlement expansion in the occupied West Bank.
10:33
Citi Research: Oil Prices Must Fall for Treasury Yields to Peak; Geopolitics Creating Mixed Signals
Citi's latest quantitative cross-asset research indicates that a pullback in oil prices is a necessary precondition for the 10-year U.S. Treasury yield to peak. However, ongoing geopolitical tensions are keeping oil prices high, suggesting that the ultimate peak in yields may not have arrived yet. The report notes that current market signals are contradictory: strengthening front-end breakeven inflation and a stronger DXY point to yields not having peaked, while widening high-yield credit spreads and weakening cyclical stocks are consistent with characteristics observed after a yield peak. Against this backdrop, Citi's cyclical model follows an "end-of-cycle" strategy, underweighting equities and credit, and overweighting bonds (excluding U.S. Treasuries) and commodities.
10:20
U.S. Senator Warren and others demand the Pentagon disclose the full cost of the war in Iran, calling the Trump administration's hidden costs "outrageous."
Five Democratic senators, led by Senator Elizabeth Warren, sent a letter to U.S. Central Command Commander Brad Cooper, requesting an assessment of damage to U.S. military bases, a repair timeline, and details on expenditures for alternative facilities. The military previously estimated that the war had cost $43.6 billion as of September 3, but this figure did not include damage to bases and facilities caused by Iranian attacks. The senators noted that Cooper had shared damage estimates in a classified briefing, arguing there was no reason to keep them classified. Warren reiterated on Twitter that the American people have a right to know the full cost of the Trump administration's unauthorized war with Iran.
10:20
Singapore's AI-backed growth masks strains in food services, with inflation forcing Dan's Steaks restaurant chain to close
While Singapore's economy is experiencing AI-backed growth, the consumer-facing sector, particularly food services, is struggling. The Dan's Steaks restaurant chain, which survived the COVID-19 pandemic, is set to close in the coming months due to rising operating costs and persistent inflation.
10:18
Indonesian stocks rebound as authorities act to avert MSCI downgrade
Indonesian stocks rebounded from their worst rout in nearly four decades after authorities unveiled fresh measures aimed at averting a potential two-step downgrade by MSCI Inc.
10:18
SoftBank Group's credit risk has risen to a near four-year high, driven by market concerns over its AI-related financing and potential large acquisitions.
10:07
CoreWeave's stock decline is seen by stock pickers as a signal that AI trading is entering a new phase, believing the time is ripe after setbacks in the AI boom.
10:01
Al Jazeera: Trump Administration Accelerated US Airstrikes in Somalia, Leading to Civilian Casualties and Displacement
Al Jazeera reported that local families have reported deaths, injuries, and displacement after the Trump administration accelerated U.S. airstrikes against armed groups in Somalia. As of September 2026, the U.S. Africa Command (AFRICOM) recorded 84 airstrikes. Despite reports of civilian casualties, AFRICOM stated that the available evidence was insufficient to meet its "more likely than not" threshold for determining that U.S. airstrikes caused the reported harm.
10:00
Ukrainian President Zelenskyy seeks answers as SpaceX Starshield defense system fails, warns speed restrictions are disrupting air defense
Ukrainian President Volodymyr Zelenskyy warns that Starshield speed restrictions are disrupting early warning air defense systems. Starshield is the Pentagon-controlled military arm of Space X’s Starlink system. The US government has not explained the cause for the restrictions.
10:00
U.S. AI stocks saw a technical rebound on Monday, with the Philadelphia Semiconductor Index closing up 1.6%.
Following a fresh round of intense sell-offs, the US AI sector saw a technical rebound on Monday (October 19). The Philadelphia Semiconductor Index ended an eight-day losing streak, at one point surging over 3% before closing up 1.6%. On the same day, Goldman Sachs upgraded cloud computing company CoreWeave from "Neutral" to "Buy," and several Wall Street analysts also voiced strong support for the fundamentals, leading to a partial dissipation of the "AI capital expenditure peak" panic that had permeated the market. However, analysts cautioned that hedge funds' total exposure remains high, and deleveraging risks have not been fully cleared. Market sentiment remains divided on whether this rebound signifies a true bottom.
09:59
Lookonchain: Anonymous trader 0x35b2 made $1.04M profit on Papertrade.xyz by staking 252M PAPER tokens, recovering an initial $979K loss.
09:56
US Vice President JD Vance refused to endorse Israeli leader Netanyahu, a stance that diverges from Donald Trump's praise.
Vance stated that he "does not participate in Israeli elections" and is focused on supporting American candidates. Meanwhile, Trump praised Netanyahu on Truth Social on Sunday as a "great warrior Prime Minister" and a "great partner for peace against the Islamic Republic of Iran." Israel will hold general elections next week.

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