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10/21
14:45
U.S. Treasury yields edged higher during Asian trading hours.
14:43
Gate Releases Latest Proof of Reserves: Total Reserves Reach $8.688B as of Oct 18, 2026, up 5.7% PoP with 118.49% Overall Reserve Ratio
14:37
BlackRock Flags 'Generational High Yields' in Corporate Credit
BlackRock Inc. says current corporate bond yields offer a more resilient source of returns that doesn’t depend on expectations for falling interest rates or tighter spreads.
14:34
Super Typhoon Champi to Bring Heavy Rain and Strong Winds to China, Taiwan Within Days
14:27
AmCham Korea Convenes Security and Economic Talks with U.S. Ambassador and USFK Commander
AmCham Korea convened U.S. Ambassador to Korea Michelle Park Steel and Commander of U.S. Forces Korea General Xavier T. Brunson on Wednesday to discuss strengthening the bilateral alliance through defense cooperation and economic security. The luncheon, held to commemorate the 250th anniversary of the founding of the United States, attracted approximately 200 representatives from Korean and international businesses.
14:27
China's Langdao Silex unveils EUV prototype with 90% domestic parts, but performance lags commercial needs.
Chinese startup Langdao Silex recently unveiled a prototype extreme ultraviolet (EUV) light source, claiming 90% domestically made components and promising commercialization within three to five years. However, its reported performance falls far short of commercial requirements, and experts doubt China can challenge global chipmaking leaders in this technology.
14:22
Gaza children face worsening food shortages as Israeli restrictions and UN aid cuts take effect
Gaza children are facing increasingly severe food shortages, with families struggling to provide nutritious meals. This follows Israel's restriction on commercial goods entry into Gaza on October 14, which disrupted supplies, although a gradual resumption was announced on October 19. Concurrently, the UN World Food Programme (WFP) announced on October 19 that funding shortfalls forced it to cut food assistance in Gaza, reducing beneficiaries from 1.6 million in September to 1.1 million in October and halving food rations. Approximately 1.4 million people in Gaza are now facing acute food insecurity, and over 2,800 children were admitted for malnutrition treatment in September.
14:22
Trump: Data centers should pay "dividends" to communities and build their own power generation, with excess power available for resale or free supply to the grid.
U.S. President Donald Trump posted on Truth Social on Wednesday, stating that data center companies, if they wish to gain community approval, should pay "dividends" to local communities or individuals. He also demanded that new data centers must generate their own electricity and sell or provide surplus power back to the local grid for free, thereby bringing actual benefits to the community in the form of lower electricity prices rather than increases.
14:17
UK's borrowing in the first six months of the fiscal year exceeded forecasts, highlighting constraints for Chancellor Healey ahead of next week's budget.
14:16
Ken Griffin, Vornado Realty Trust, and Rudin Secure $3.3 Billion Construction Loan for New Manhattan Office Tower
Ken Griffin, Vornado Realty Trust, and Rudin have secured a $3.3 billion construction loan to build a new office tower on Park Avenue in Manhattan. The project's future was previously clouded after New York City Mayor Zohran Mamdani angered Griffin.
14:16
Anthropic's copyright settlement includes books by South Korean authors for compensation
The US AI company Anthropic, developer of the chatbot Claude, has listed books by South Korean authors, including Nobel laureate Han Kang, as eligible for compensation in a copyright settlement. The Literature Translation Institute of Korea identified at least 21 English-language editions of these works and has notified the authors.
14:15
The APEC Finance Ministers' Meeting concluded in Hong Kong, reaching a consensus on strengthening macroeconomic coordination and unleashing the potential of AI.
Chinese Finance Minister Lan Fo'an announced that the 2026 APEC Finance Ministers' Meeting concluded in Hong Kong with "tangible results," issuing a joint statement and a policy statement on financing digital infrastructure. APEC member economies agreed to strengthen macroeconomic communication and coordination to address external risks and challenges, enhance macroeconomic policy robustness, bolster the resilience of fiscal and financial systems, and fully unleash the potential of emerging technologies such as AI to boost productivity and foster new growth drivers. Members also agreed to promote financial and economic cooperation to support long-term sustainable regional development, and emphasized boosting household spending and domestic demand.
14:12
Musk expects SpaceX's hashrate to reach 13GW by the end of 2027, stating that AI hashrate demand is far from peaking and the payback period may shorten to 6 months.
SpaceX CEO Musk stated on the latest earnings call that he expects online hashrate to reach 2.5 to 3 GW by the end of 2026, with an additional 10 GW added in 2027, and said he would be surprised if the online hashrate were below 13 GW by then. He noted that all hyperscale cloud providers and dozens of small and medium-sized companies are "relentlessly pursuing" more hashrate for lease, and did not rule out the payback period for hashrate investments shortening to six months next year. Google CEO Pichai also stated that it is "extremely difficult" for customers today to lock in 2027 hashrate. However, Citadel founder Ken Griffin warned that GPUs are highly isomorphic to airlines, and once oversupply occurs, spot rental prices will "free fall," adding that the market's test of AI hashrate investment "has only just begun."
14:12
Meta Q3 Earnings Preview: BofA Expects Revenue to Exceed Expectations at $63.8 Billion, But $10 Billion Settlement Will Drag Down GAAP Profit
BofA Securities analyst Justin Post expects Meta's Q3 revenue to reach $63.8 billion, slightly above the market consensus of $63.3 billion. However, GAAP operating profit is projected to fall to $11.5 billion, significantly below the market's $18.6 billion expectation, due to a one-time $10 billion state attorney general settlement accrual. EPS is also anticipated to drop to $3.79. The analyst noted that the true focus of the earnings call will be whether capital expenditures and AI monetization can be balanced in 2027.
14:12
Nscale founder Josh Payne reassured employees that despite AI market volatility, demand for its data center services is "insatiable."
14:10
UK inflation jumps to 3.5% in September, highest in a year
U.K. inflation rose by a hotter-than-expected 3.5% in the 12 months to September, driven by surging motor fuel costs, cementing rate hike expectations. This marks a continuation of the upward trend, following 3.1% in August and 2.9% in July, and was above economists' forecast of 3.4%.
14:08
China's tax authorities clarify offshore trust tax policy, accepting reasonable explanations, with a 90-day grace period expiring on Thursday.
Chinese tax authorities stated they would accept reasonable explanations when implementing new rules on offshore trust income, providing some certainty to taxpayers after a successful appeal by an executive of a Hong Kong-listed company. The tax authorities clarified this Monday that stock incentive trusts established by companies are not subject to the 20% trust tax. Instead, individual income tax should be paid when employees exercise stock options or receive dividends and share transfer gains. The executive's offshore trust was established before the company's IPO in 2021, when it was valued at approximately $50 million. The tax authorities also answered other frequently asked questions, but some issues remain unresolved. China has strengthened its regulation of offshore trusts and investment income this year.
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.

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