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10/20
17:16
China's Chery Automobile plans to launch hybrid vehicles in Japan next year, following BYD into the Japanese market.
17:14
Wallet Linked to Drift Attack Transfers $54.8M ETH to Tornado Cash
On-chain data shows that a wallet linked to the Drift Protocol attacker has transferred $54.8 million worth of ETH to the mixer Tornado Cash. Since the attack in April this year, five wallets marked by Etherscan as Drift attackers still hold approximately 84,164 ETH, and recovery efforts are ongoing.
17:10
France's bond risk gauge surpassed 150 basis points on Tuesday, highlighting the challenges the French government faces in controlling its budget deficit and defusing cost-of-living protests.
17:10
Chinese AI company DeepSeek has fully open-sourced its inference framework, DeepInfer, aiming to reduce the computational power and energy consumption costs of AI services.
The framework integrates high-performance operators and an optimized inference engine, supporting distributed inference, speculative decoding, and structured output, while being compatible with NVIDIA and Huawei Ascend platforms. DeepSeek also open-sourced the production-grade token encoding and decoding component, deepseek-recipe.
16:53
Houthi ballistic missile aimed at Riyadh intercepted and destroyed: Coalition spokesperson
16:53
French government bond yields fell, tracking declines in their eurozone and U.S. counterparts.
16:50
AI Selloff Returns, Oil Tops $110 a Barrel
16:45
Hong Kong Official: Economic Alliances Crucial Amid Global Challenges
Hong Kong Secretary for Financial Services and the Treasury Christopher Hui stated at the Asia-Pacific Economic Cooperation finance ministers’ meeting on Tuesday that economic alliances are crucial as global challenges evolve. He called on all economies to collaborate for long-term prosperity, highlighting the Hong Kong government's efforts in trade, supply-chain finance, and green and sustainable finance, including promoting cross-boundary carbon trading through collaborations like that between Hong Kong Exchanges and Clearing and Hong Kong Quality Assurance Agency.
16:44
Economists say the benefits of Asia's AI boom are concentrated among business owners rather than consumers.
16:39
China's Suzhou Dongshan Precision raises $1.84 billion in Hong Kong IPO, falling short of market expectations due to investor concerns over US trade risks.
Suzhou Dongshan Precision Manufacturing, a Chinese printed circuit board maker, raised approximately $1.84 billion in its Hong Kong initial public offering (IPO), falling short of market expectations of $2 billion to $3 billion. Analysts pointed to investor concerns over potential U.S. trade restrictions on the company's optical module business, as well as the Hong Kong market's cautious approach to large listings, as factors impacting the fundraising performance. The company began accepting investor orders on Tuesday and is expected to list in Hong Kong on October 28.
16:36
Al Jazeera reported that Israeli military vehicles attacked homes in the Khan Younis area of the southern Gaza Strip on Tuesday morning, injuring five people, including one child.
16:33
Germany Sep Producer Price Index MoM
★★★★★Previous 1.1%Forecast 0.3%Actual 1.9% Above forecast↑
16:33
Germany Sep Producer Price Index YoY
★★★★★Previous 4.6%Forecast 5%Actual 6.7% Above forecast↑
16:32
Israeli attacks intensify across Gaza, killing a couple in Gaza City and hitting residential buildings in Khan Younis
16:32
The Global Foreign Exchange Committee is considering more frequent reviews of the $9.5 trillion foreign exchange market's guidelines to address the rapid development of AI.
The Global Foreign Exchange Committee, an international body that coordinates foreign exchange market standards, currently updates its best practice principles every three years. According to sources, the committee's representatives and other market participants are discussing whether to increase the frequency of reviews to address potential technological risks arising from the rapid development of artificial intelligence.
16:32
Maersk and Vietnam's Hateco plan $3.5 billion rail freight project in northern Vietnam
A.P. Moller-Maersk A/S, the world’s No. 2 container carrier, signed an agreement with Vietnamese conglomerate Hateco to develop a $3.5 billion railway container terminal network in northern Vietnam during President To Lam’s official visit to Denmark. The proposed network will include cargo handling centers in the port city of Haiphong and three other rail freight facilities in northern provinces, aiming to connect industrial parks, logistics hubs and production zones with major transport hubs.
16:22
US Envoy Barak: US hopes for peace deal with Iran, but mutual distrust remains main obstacle
U.S. Ambassador to Turkey and Special Envoy for Syria, Tom Barrack, stated that the United States hopes to reach a peace agreement with Iran to resolve the Strait of Hormuz crisis, but deep-seated mutual distrust between Washington and Tehran continues to impede diplomatic efforts. Speaking at the Doha Forum on Global Security, Barrack said that there is a lack of trust from the beginning of discussions and negotiations, with the Islamic Revolutionary Guard Corps (IRGC) not trusting the U.S., and the U.S. not trusting the IRGC. He suggested that a ceasefire in the Strait of Hormuz should serve as the basis for a broader solution, and the agreement should include measures for a "ceasefire in the strait" and "alleviating the suffering of the Iranian people," emphasizing that "prosperity is the only answer."
16:18
Analyst Zaccara: Despite Mecca Agreement, US Security Role in Middle East Remains Solid
Luciano Zaccara, an associate professor of Middle East politics at Georgetown University in Qatar, stated that the Mecca Accord, launched by Saudi Arabia, Turkey, and Pakistan on October 5, is more of a deterrent than an actual defense agreement. He believes the United States is not concerned about these agreements replacing its role in the region, and that the U.S. is the main military partner of the Mecca Accord signatories.
16:15
US Ambassador Barrack: Direct Israel-Turkiye conflict unlikely
US Ambassador to Turkiye Tom Barrack played down the possibility of a direct military confrontation between Israel and Turkiye. He stated his belief that "Israel is way too smart to actually pick a real fight with Turkey," and raised concerns about an Israeli military operation at an airbase in Syria close to the Turkish border, which neither Turkey nor the US were informed of. Barrack emphasized that neither country desired a confrontation, but warned of increasing regional dangers.
16:14
CME Group CEO Terry Duffy discusses finance regulation, set to transition out next year
CME Group CEO Terry Duffy discussed the state of finance regulation in a podcast, noting significant changes over his nearly five-decade career at the exchange, including the rise of prediction markets, 24/7 trading, and perpetual futures. Duffy is scheduled to transition out of his current CEO position next year.
16:12
SlowMist Technology stated that Qubic wallet keys can be recovered from six network samples. The 4.26.4 patch separates new account seeds from exposed random streams but does not change the header generation method.
16:11
U.S. 10-year Treasury yield falls 2 bps to 5.114%, 30-year yield also down 2 bps to 5.45% as investors await economic data
16:08
Iranian official slams 'unconstructive remarks by certain Gulf officials'
Iranian Foreign Ministry spokesperson Baghaei stated that “unconstructive remarks by certain officials from Gulf states do not contribute to confidence-building or good neighbourliness.” Baghaei did not name any specific officials or countries. He added that despite the exploitation of these countries’ territories during the joint military aggression by the US and the Zionist regime, Iran has exercised restraint, and its defensive responses were directed at the sources of aggression.
16:02
Binance to Support 24/7 Dynamic Updates of the bStocks Collateral Index Price
16:01
Analysts point out that the People's Bank of China (PBOC) may be entering a multi-month transition period to shift towards an overnight policy rate as its benchmark. This would necessitate more frequent use of new candidate benchmark tools for liquidity operations to test market reactions.
16:01
Chinese Carmakers Accelerate European Production Plans to Bypass EU Tariffs and Import Quotas on EVs
Chinese carmakers are ramping up local production in Europe to circumvent new EU import quotas on hybrid electric vehicles (EVs) and existing tariffs on pure EVs. This follows an October 9 agreement between China and the EU, which will impose an initial annual quota of 350,000 units on Chinese-made hybrid vehicles from next year, increasing by 6% annually over four years. The EU currently levies tariffs ranging from 17.8% to 45.3% on Chinese-made pure electric cars. Companies like Changan Automobile plan to produce 180,000 units in the EU by 2028, expanding to 300,000 by 2030, while BYD is considering new factories in France and Spain. Other firms are leveraging partnerships, such as Chery with Spain's Ebro, Stellantis with Leapmotor, and Geely with Ford Motor, to utilize idle European plant capacity. JPMorgan estimates the quota could significantly impact Chinese carmakers, as their hybrid vehicle exports to the EU could exceed 800,000 units this year.
15:59
Bloomberg Strategist Simon White: The signal for a peak in US equities is not in the bond market, but in Asian chip export data.
Bloomberg macro strategist Simon White suggests investors should not overemphasize the impact of government bond yields on the stock market, but rather track chip export data from South Korea and Taiwan. He believes that a significant decline in these data would provide a 3 to 6-month advance warning of a peak in the capital expenditure cycle, subsequently triggering a shift in earnings expectations and putting pressure on US equities in a high-yield environment. Currently, the aforementioned export data do not indicate an imminent reversal of the investment cycle.
15:57
Lido engineers warn of potential staking deposit hijacking in Glamsterdam, with related consensus specification issues marked "won't plan" and closed. The author suggests defense through pre-deposit checks.
15:57
Iranian Official: Yemen Conflict Should Be Resolved Through Dialogue; Iran May Not Endorse OIC Resolution
Iran’s foreign ministry spokesman Baghaei stated that Tehran consistently advocates for the resolution of the Yemen issue through dialogue and reconciliation between Saudi Arabia and Yemen. He added that the crisis cannot be resolved through force, noting that Yemen has endured an illegal and inhumane blockade for over a decade. Baghaei also indicated that Iran may not endorse a resolution on Yemen at an upcoming Organisation of Islamic Cooperation (OIC) meeting in Baghdad, citing that its content is not aligned with the interests of the Islamic ummah and established OIC procedures were not followed.
15:54
Iran's Foreign Ministry: Safeguarding national interests is an 'inviolable tenet' of foreign policy, prioritising diplomatic de-escalation.
Iran's Foreign Ministry spokesperson Esmaeil Baghaei stated that safeguarding Iran’s interests and security is “an inviolable tenet of the country’s foreign policy”. He added that pursuing this, whether through diplomatic channels or legitimate defence, remains a top priority. Baghaei emphasised that utilising every diplomatic opportunity to prevent the escalation of tensions is a fundamental duty, as Iranian wisdom and prudence stress the importance of sound judgement and rationality in managing international crises.

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