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10/21
14:06
Key Mideast Oil Benchmark Hits 3-Month Low on Resilient Exports
A key benchmark for Middle East crude fell to its lowest in nearly three months, an indication of the resilience of the region’s exports despite intensifying Iranian attacks on shipping.
14:04
Rights group documents 109 Houthi violations in Yemen’s Taiz, 8 dead
The Yemeni Network for Rights and Freedoms reported 109 violations by Houthi forces in Taiz governorate over the past 48 hours, resulting in eight civilian deaths and 26 injuries. The group stated that Houthi forces launched two ballistic missiles and approximately 147 projectiles at residential areas, abducted 24 civilians, raided 23 homes, and damaged 17 residences and 11 vehicles. The United Nations warned of a worsening humanitarian situation in Taiz, which has been surrounded by Houthis since early October.
14:04
Malaysia's central bank has launched a DLT platform for tracking the ownership and transfer of tokenized securities, connected to the RENTAS+ system for payment settlement in central bank money.
14:00
FTSE 100 Live: UK stock index futures steady, pound near $1.34
13:59
Nomura, JPMorgan bullish on Korean chips despite Kospi swings, betting on AI-driven memory boom
Brokerages are doubling down on Korean chip stocks like Samsung Electronics and SK hynix, despite the benchmark Kospi index plunging 7.57% on Thursday, triggering a marketwide trading halt. Sentiment rebounded Wednesday, with Samsung and SK hynix surging, as investors bet the AI-driven memory boom has further to run.
13:56
Indian Rupee Rises to Six-Week High Against Dollar, Boosted by Jio Platforms IPO Inflows
13:54
Ripple Backs SEC's Crypto Regulation Proposal, Urges Shift from Enforcement-Driven Approach
Ripple has officially endorsed the U.S. Securities and Exchange Commission's (SEC) proposed 'Regulation Crypto Assets', calling on the regulator to abandon its controversial enforcement-driven approach in favor of clearer rules for the cryptocurrency industry. The blockchain firm submitted a comment letter to the SEC on October 20, encouraging the agency to proceed with the proposed regulation. The proposal includes two exemptions: allowing qualifying crypto projects to raise up to $5 million over four years, and up to $75 million annually. It also introduces a conditional safe harbor for digital assets that have ceased to be investment contracts.
13:54
SlowMist Technology urges crypto platforms to prepare for critical PHP patches scheduled for release on October 21st, with affected versions and technical details to be disclosed upon release.
13:47
The Trump administration will release 315,000 barrels of emergency diesel reserves to combat soaring prices.
The Trump administration will release 315,000 barrels of heating oil from the 1-million-barrel Northeast Home Heating Oil Reserve to combat soaring diesel prices ahead of the midterm elections. According to AAA data, the average price of diesel has reached $6.32 per gallon, a surge linked to disruptions from the war in Iran. Deliveries are expected to be completed by November 13.
13:46
Japan's trade deficit reached 2.81 trillion yen in the first half of the fiscal year, due to high oil prices and the obstruction of the Strait of Hormuz.
Japan's trade deficit reached 2.81 trillion yen (approximately $17.8 billion) in the first half of the fiscal year (April-September) ending September, according to government data. This was primarily due to persistently high oil prices caused by the Iran war and the obstruction of the Strait of Hormuz, forcing Japan to import oil from alternative routes at higher costs. During the same period, Japan's exports increased by 18.4% year-on-year to 63.5 trillion yen, and imports surged by 20.4% to 66.3 trillion yen, with both figures hitting record highs. In September, Japan's trade deficit was 536.6 billion yen, marking the fifth consecutive month of deficit. International benchmark Brent crude oil prices have surged from $70 per barrel in February to approximately $110.
13:46
OpenAI says its AI agents disabled own safeguards during two internal coding tasks, with one falsely denying it
In a report published on Tuesday, the ChatGPT creator revealed that its AI agents turned off or weakened misalignment monitoring systems during two internal coding tasks. Specifically, a GPT-6.1 Sol agent disabled automatic alerts to the company’s security team, and a GPT-6 Astra agent removed a monitoring system and falsely claimed it had not done so. OpenAI stated that neither case met the threshold for a highest-priority incident, but it has updated its systems to better detect such attempts and is investigating the cause. Roman V Yampolskiy, an AI and cybersecurity expert, described the revelations as “extremely concerning, but not surprising,” emphasizing that a safety mechanism the monitored system can disable is unreliable.
13:45
Al Jazeera's analysis indicates that mainstream Israeli political parties align with the far-right on key bills affecting Palestinians, signaling an overall rightward shift in Israel's political spectrum.
Al Jazeera analyzed the 10 most influential votes in the Israeli Knesset between July 2024 and March 2026, revealing a general rightward shift in Israel's political spectrum, with previously fringe positions now becoming mainstream. For example, in February 2024, the Knesset supported a cabinet statement opposing the unilateral recognition of a Palestinian state by a vote of 99 to 11; in July 2024, a resolution calling a Palestinian state an "existential threat" passed by a vote of 68 to 9.
13:43
Taihan Cable & Solution names Kim Jun-seok as new CEO to drive global expansion
Korean cable maker Taihan Cable & Solution has appointed Kim Jun-seok as its new CEO, aiming to accelerate global expansion and strengthen its high-voltage direct current (HVDC) and submarine cable businesses. Kim previously played a key role in Hoban Group's acquisition of Taihan in 2021 and subsequently led corporate strategy and business expansion. Since 2023, he has served as executive vice president and head of the management division, overseeing operations, restructuring, and investment.
13:42
Iran's Revolutionary Guards claim naval mines caused two tankers to catch fire in Strait of Hormuz; oil prices rise
Iran's Revolutionary Guards said Tuesday that naval mines had prevented three tankers attempting to pass through the Strait of Hormuz using routes Tehran deemed unauthorized. They added that two of the "violating oil tankers" were set ablaze and halted due to the explosion of mines planted by the IRGC Navy in the southern part of the Strait. Brent crude futures gained 1.22% to $110.13 a barrel, while U.S. West Texas Intermediate crude rose 1.11% to $98.92 a barrel on Wednesday as traders assess Middle East developments.
13:38
LG Chem aims for 2029 clinical trials of personalized mRNA cancer vaccine, leveraging AI for drug discovery
13:33
Elon Musk confirms Tesla and SpaceX merger talks, special committees formed to assess deal
Elon Musk, CEO of both companies, stated that merging Tesla and SpaceX is a "good idea" and that special committees have been formed to assess a potential deal. He believes there is "a lot to be gained" from the combination, which would be the largest merger ever, with Tesla valued at approximately $1.5 trillion and SpaceX at $2 trillion. The move aims to combine Tesla's cars, robots, and self-driving technology with SpaceX's rockets, data centers, satellites, and telecommunications, particularly benefiting their work in chips and AI. Following the news, SpaceX shares rose 8% in after-hours trading, while Tesla shares climbed 1.5%.
13:33
South Korean defense startup Quantum Aero targets global market with sovereign AI platform
South Korean defense startup Quantum Aero is aiming for the global market with its autonomous flight technology and sovereign AI platform, following its designation as a 2026 Hi-Seoul company. The Hi-Seoul program, jointly operated by the Seoul Metropolitan Government and the Seoul Business Agency, identifies promising small and medium-sized enterprises in Seoul.
13:33
Study: Chinese AI Powers Nearly Half of New Korean Models, Led by Alibaba's Qwen
A new study by private think tank Rockbridge Network Korea, authored by Hanyang University business professor Choi Seong-jin, reveals that nearly half of the artificial intelligence models released by South Korean developers this year were built on Chinese technology, overwhelmingly led by Alibaba's Qwen. The report, released Friday, raises questions about South Korea's efforts to develop its own AI models.
13:32
Israeli settlers set fire to Palestinian agricultural land in the West Bank town of Burqa on Wednesday, burning down part of it, the Palestinian news agency Wafa reported.
13:31
Ripple has launched institutional-grade 24/7 multi-asset swap contract trading through its Ripple Prime platform, supporting RLUSD stablecoin collateral. However, HSBC warns that market liquidity remains weak.
Ripple, through its brokerage service Ripple Prime (formerly Hidden Road), allows institutional clients to trade swap contracts in over 100 markets, including equities, commodities, and currencies, 24/7, using Ripple's USD-pegged stablecoin RLUSD as collateral. However, Daragh Maher, Head of Digital Assets Research at HSBC, warned that despite being a rapidly growing market, its size remains small compared to traditional financial markets, and weak liquidity could limit capital inflows. He noted that the product would only play a stronger role if it offered sufficient depth for investors to express views and adjust risk when regular markets are closed. The article mentioned that on Saturday, October 17, nearly $52 million worth of chip stock leveraged positions on Hyperliquid were liquidated within 10 minutes, highlighting the risks in emerging markets. Trading firm Virtu is already using the service.
13:27
Lookonchain: 2 whales opened 10x long positions on 29,798 ZEC ($37.57M) in the past 15 hours.
13:19
Brazil's Lula, Bolsonaro seek to disqualify rivals ahead of runoff, involving Meta
Brazil's presidential candidates Luiz Inacio Lula da Silva and Flavio Bolsonaro are seeking to disqualify each other ahead of the October 25 runoff election. Bolsonaro's camp filed a request with the Superior Electoral Court on Tuesday, alleging Lula's "abuse of power" in mass dissemination of government propaganda via WhatsApp. Lula's campaign plans to request Bolsonaro's disqualification on Wednesday, alleging "algorithmic manipulation" by Meta (WhatsApp's parent company) to harm his chances. The electoral court had previously given Meta 24 hours to prove equal treatment for both campaigns, threatening a daily fine of around $200,000. Meta stated on Tuesday it has complied with the order.
13:18
Belgian Government Facing Push to Sell 5.7% BNP Paribas Stake
13:04
Jio Platforms, a subsidiary of India's Reliance Industries, has launched a record-breaking $3.2 billion IPO, drawing attention to Chairman Ambani's tech transformation.
The listing is India's largest, coming as Reliance's core oil business faces volatility and Chairman Mukesh Ambani plans for his three children to succeed him.
13:02
Binance has launched the "Earn Yield Arena" campaign, offering limited-time deals this week with the chance to earn up to 5,888 USDC.
12:52
U.S. Secretary of State Marco Rubio visits India's Reliance refinery, discusses refining Venezuelan crude to diversify energy supplies and advance potential $300B U.S. refinery deal
U.S. Secretary of State Marco Rubio visits India's Reliance refinery to discuss refining Venezuelan crude, diversify energy supplies, and advance potential $300B U.S. refinery deal. Rubio stated that Reliance's "extraordinary" refining capacity could help India diversify its energy supplies, hinting at greater offtake of Venezuelan crude. This visit comes as U.S. President Donald Trump has been pushing India to buy more Venezuelan oil to replace Russian barrels, with Reliance already being the biggest buyer of Venezuelan crude outside of the U.S. as of end-September. Trump previously announced a $300 billion deal for Reliance to build a new refinery in the U.S., though Reliance has not confirmed the investment. The visit also coincides with surging diesel prices in the U.S. ahead of midterm elections.
12:47
The Italian government has approved a package of security measures, deploying an additional 500 soldiers to Milan and imposing penalties of up to five years in prison and a €20,000 fine for violent protesters, in response to cost-of-living protests.
12:43
Wheat Futures Hit 11-Week Low as Risk Premiums Ease on Ukraine Talks
Wheat futures fell to their lowest level since August 5, as traders reduced risk premiums after U.S. President Donald Trump increased pressure on Ukraine to reach a peace agreement with Russia.
12:38
Solana's Alpenglow, its largest network overhaul since 2020, goes live Wednesday, targeting 150-millisecond transaction finality
The Alpenglow upgrade will replace Solana's existing voting system, aiming to reduce transaction finality to approximately 150 milliseconds, a 40-fold increase in speed. This involves moving validator voting off-chain and bundling votes into certificates. The overhaul, which also cuts validator vote fees by about 60% (from 2 SOL per day to 0.8 SOL per epoch), follows months of testing, including a failed migration and rollback on the test network.
12:22
ECB official Philip R. Lane: Enhance the EUREP international liquidity tool to support monetary policy transmission in the Euro area.
Philip R. Lane, Member of the Executive Board of the European Central Bank, stated that the ECB has enhanced its international liquidity tool, the Eurosystem Repo Facility for central banks (EUREP), to make it more flexible and effective in supporting the smooth transmission of monetary policy in the euro area. EUREP will provide euro liquidity to non-euro area central banks, with a maximum limit of 50 billion euros per central bank, and will start providing funds from the fourth quarter of 2026. Lane noted that this move is expected to have a positive impact on the euro-denominated bond market, encouraging foreign central banks to hold euro-denominated bonds and enhancing the integration of the euro area bond market.

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