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10/20
15:43
Qatar backs Saudi Arabia against Houthi attacks amid widening conflict
Qatar’s Foreign Ministry spokesperson stated that Doha firmly supports Riyadh in defending its sovereignty against attacks from Houthis, as the conflict in the region widens.
15:40
Qatar says Iran-US talks are ongoing, warns of potential regional war expansion
Qatar stated that negotiations between Iran and the United States are ongoing, with diplomatic efforts continuing despite heightened tensions and growing concerns about a wider regional war. Majed al-Ansari, spokesperson for Qatar's Ministry of Foreign Affairs, said at the Global Security Forum that negotiations for the JCPOA (Joint Comprehensive Plan of Action) are underway, with both sides participating. He emphasized the importance of confidential negotiations, stating that "not hearing about it is a good thing."
15:26
Nomura Securities fined by German regulator for not disclosing voting rights in a timely manner during UniCredit's bid for Commerzbank.
15:23
Al Jazeera, citing sources, reported that an Israeli airstrike on a residential apartment in western Gaza City killed a Palestinian couple and injured four others.
15:17
Hainan Commercial Space Launch Site is expected to have four launch pads operational by the end of the year, with a designed annual launch capacity of 60 missions.
Hainan Commercial Space Launch Site disclosed that the equipment debugging for the second phase's No. 3 launch pad is scheduled to be completed by the end of October, with all four launch pads expected to be operational by the end of this year. This expansion aims to alleviate the contradiction in China's commercial space sector where satellite manufacturing is rapid but launch capabilities are scarce. The new launch pads feature a standardized design, compatible with multiple types of liquid rockets, to improve launch turnaround efficiency.
15:16
Erdogan: Israel is trying to 'stir up trouble' in Syria
Turkish President Recep Tayyip Erdogan stated that his country is "surrounded by a ring of fire" due to multiple regional conflicts. He highlighted new tensions in Yemen following those in Iran, with Houthi attacks on Saudi Arabia escalating regional tensions. Erdogan also described the situation in Lebanon as "far from promising," adding that despite some positive news from Syria, Israel is actively attempting to destabilize the country.
15:11
iFLYTEK, a Chinese AI vendor, reported a nearly 8% year-on-year increase in Q3 revenue, with a non-IFRS net loss of 126 million yuan.
According to its Q3 2026 report disclosed on October 19, Chinese AI vendor iFLYTEK achieved revenue of 6.564 billion yuan for the quarter, a year-on-year increase of 7.99%. Net profit attributable to the parent company was 226 million yuan, up 31.05% year-on-year. After deducting non-recurring gains and losses, the company reported a net loss of 126 million yuan, with non-IFRS losses for the first three quarters expanding to 763 million yuan year-on-year. The company stated that its R&D investment in Q3 exceeded 1.7 billion yuan, accounting for over 25% of revenue, primarily due to increased investment in large model R&D and expenditures for storage chip inventory.
15:06
US Envoy Tom Barrack Questions Past Middle East Interventions, Urges Diplomacy on Iran
US envoy Tom Barrack has questioned Washington’s history of military interventions in the Middle East, stating that attempts to change governments have repeatedly failed. Speaking at the Global Security Forum in Doha, Barrack emphasized the need for the US to learn from past mistakes amid ongoing tensions with Iran. He described the current situation as “horrible” and acknowledged that the US-Israeli conflict with Iran has produced unintended consequences across the region, though he was unsure if the war itself was a mistake.
15:04
ECB's Elderson: Fragmentation, Not Regulation, Hinders EU Bank Competitiveness
European Central Bank Executive Board member Frank Elderson stated in an interview with Die Presse that the biggest obstacle to European bank competitiveness is fragmentation, not the cost of regulation. He called for completing the Single Market, the savings and investment union, and the banking union to foster integration. Elderson also supported more proportionate supervision, proposing to raise the total asset threshold for small and non-complex banks from €5 billion to €10 billion, which would benefit approximately 150 additional banks.
14:56
Kevin O'Leary Names Stablecoins as the Safest Crypto Asset Class, Citing Clearer Regulations and U.S. Treasury Guarantees
Shark Tank star Kevin O'Leary has named stablecoins the safest crypto asset class, explaining that their clearer regulations and U.S. Treasury guarantees make them far less risky compared to Bitcoin (BTC) and other cryptocurrencies. He referred to the GENIUS Act, enacted in July 2025, which mandates eligible liquid asset reserves for stablecoin issuers.
14:44
Zelenskyy Accuses US of Delayed Military Aid and Restricted Intelligence Sharing
Ukrainian President Volodymyr Zelenskyy stated in a meeting with U.S. senators on Monday that the Trump administration's decisions were "difficult to explain between friends," adding that weapons deliveries were delayed and intelligence sharing was restricted. He noted that a missile package was awaiting the signature of U.S. Secretary of Defense Pete Hegseth, and that European countries were waiting for U.S. approval to transfer Patriot interceptor missiles. Zelenskyy also claimed that Ukraine had not received warnings for Russian attacks three times in the past week.
14:39
Goldman Sachs raised its price target for Chinese DRAM manufacturer CXMT to 130 yuan, citing a 30% beat on Q3 revenue expectations and the mass production of its G5 platform.
Goldman Sachs released its latest research report, maintaining a "Buy" rating on Chinese DRAM manufacturer CXMT (Changxin Memory Technologies) and slightly raising its 12-month price target from 129 yuan to 130 yuan. This upward revision is primarily driven by CXMT's disclosed Q3 earnings pre-announcement, with Goldman Sachs estimating its Q3 revenue midpoint to be approximately 30% higher than previously forecast. Additionally, the company officially commenced mass production of its fifth-generation DRAM technology platform (G5) in September 2026, which Goldman Sachs believes will fully unlock growth potential, leading to an upward revision of the company's earnings forecasts for 2026 to 2030.
14:35
UN says Israeli forces are obstructing its peacekeeping mission in Lebanon, blocking supply convoys.
Israeli forces obstructed the actions of the United Nations Interim Force in Lebanon (UNIFIL), UN Secretary-General Spokesperson Stéphane Dujarric said on Monday (October 19). Israeli forces obstructed UNIFIL's operations in Lebanon last weekend and continued to commit violations in multiple locations. He noted that on October 16, an Israeli tank blocked a UNIFIL logistics convoy near al-Bayyadah in the western sector, preventing supplies from reaching its positions.
14:30
As of September 21, Hana Bank leads the South Korean banking market for foreign nationals with 4.2 million individual foreign deposit accounts, while Woori Bank holds 2.56 million accounts.
14:28
Top Executives at Several Chinese Nickel Producers Plan to Meet as Early as Tuesday to Discuss Coordinated Output Cuts at Their Indonesian Battery Material Plants
14:18
Chinese tax authorities have issued a final notice, requiring wealthy citizens to declare offshore trust income before the October 22 grace period.
14:08
Copper rallies 15.8% YTD, driven by AI and national security demand
Copper prices have surged 15.8% year-to-date and over 30% in the past 12 months, outperforming gold which has slipped 4.11% this year. Investors attribute the rally to increasing demand from artificial intelligence, power grid investments, and national security, coupled with tight supply and U.S. tariff-driven stockpiling. Ivanhoe Electric CEO Taylor Melvin believes copper demand from the tech sector is inelastic and expects the metal to withstand recent tech stock volatility. Aberdeen Investments' Iain Pyle highlights a supply-demand imbalance, suggesting sustained higher prices are needed to incentivize supply, with potential U.S. tariffs leading to concentrated stockpiles.
14:04
Hyundai Motor Group is integrating its defense businesses with a $269.9 million investment, as Hyundai Rotem acquires Hyundai WIA's defense division.
Hyundai Rotem, a subsidiary of South Korea's Hyundai Motor Group, announced Monday that it had acquired the defense division of Hyundai WIA for 35.84 billion won (approximately $269.9 million). The move aims to consolidate tank and artillery production and bring the manufacturing of the K2 Black Panther tank’s 120-millimeter main gun under its umbrella, thereby strengthening its competitiveness in the global defense market.
14:03
Saudi-led coalition spokesman Major General Turki al-Maliki stated that forces have destroyed 127 Houthi weapons depots and missile launch platforms, and released a video showing the coalition tracking and striking Houthi smuggling vessels and weapons.
13:49
Pakistani Army Chief Asim Munir to Visit Tehran on Tuesday
Pakistani Army Chief Field Marshal Asim Munir is due to visit Tehran on Tuesday, according to Iranian media. His visit comes a day after Russian Foreign Minister Sergey Lavrov visited the Iranian capital and held talks with his Iranian counterpart and president.
13:34
Japanese investors increased their holdings of domestic government bonds to a 17-year high in the first half of the year, a move some analysts believe reflects pension funds' attempts to rebalance their portfolios.
13:33
Mynt, the Ant Group-backed Philippine fintech company that operates GCash, one of the Philippines' largest digital cashless ecosystems, rose 2.4% on its first day after the Philippines' largest IPO.
13:28
Australia's market regulator is gathering information on the failed Firmus Grid IPO, but has not yet launched a formal investigation.
13:24
Sophon sets Nov. 25 withdrawal deadline ahead of mainnet shutdown
13:23
JPMorgan Asset Management forecasts Bitcoin to deliver a 10% return over the next decade, outperforming US equities and gold.
JPMorgan Asset Management has included Bitcoin in its long-term return forecasts for the first time, projecting a 10% compound annual return for Bitcoin over the next 10-15 years. This is higher than U.S. large-cap stocks (7.5%), gold (5.5%), and U.S. REITs (8.2%). Its 2027 Long-Term Capital Market Assumptions also estimate Bitcoin's arithmetic annualized return at 20.9% with an annualized volatility of 55%. Bitwise CIO Matt Hougan stated that these figures position Bitcoin as the highest-returning asset for the next decade.
13:16
NVIDIA Collaborates with Barcelona Supercomputing Center to Drive Regional Innovation in Spain Through AI Accelerator Program
NVIDIA announced that the AI Factory accelerator program at the Barcelona Supercomputing Center (BSC) is now fully operational. This program, in collaboration with the NVIDIA Inception program, provides sovereign computing resources, technical support, and training to Spanish startups to foster cross-industry innovation. Since its launch in April 2025, the BSC AI Factory has delivered over 800 services to private and public sector clients. Effective immediately, some BSC AI Factory services are accessible via the NVIDIA Inception portal.
13:15
BBC Analysis: US Economic Growth at 2.2% During Trump's Term, Inflation at 3.7%, and Job Growth Slowed
BBC Verify analysis indicates that the U.S. economy is currently growing at an annualized rate of 2.2%, with overall GDP growth of approximately 3.2% since Donald Trump's second term began in late 2024, surpassing other G7 member states. Inflation stands at 3.7%, higher than the 3% when Donald Trump took office, but below the 9% peak during Joe Biden's tenure. Economists attribute the rise in inflation to new tariffs and the war in Iran. In terms of employment, an average of 34,000 jobs were added monthly, lower than in Joe Biden's final year in office. Median inflation-adjusted income is projected to grow by 2.6% to a record high of $87,460 in 2025, but the think tank ITEP estimates that low-to-middle-income households will actually be worse off due to expiring subsidies and rising prices.
13:04
Ares Warns of Australian Private Credit Stress From Rising Rates Amid Struggling Real Estate Market
Peter Graf, partner and head of Asia direct lending at Ares Management Corp., warned that elevated interest rates, including Australia's central bank raising rates four times to 4.6% this year, threaten to add further pressure on Australia’s private credit sector due to its exposure to the country’s struggling real estate market.
12:57
Brokerages report a surge in demand from wealthy travelers seeking to depart Saudi Arabia following Houthi attacks, leading to a more than 50% increase in private jet charter prices from the kingdom.
12:54
KB Securities: 80% of Samsung Electronics' 2027 memory chip production already pre-booked

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