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10/23
09:45
BYD Partners with Gentari to Address Malaysia's EV Charging Infrastructure Gap
09:43
Saudi civil defense authorities lifted an emergency alert in Najran province just minutes after issuing it, citing a diminished security threat. The agency urged residents to continue following instructions and to avoid gathering or filming in affected areas.
09:42
Upbit announced the suspension of GO Chain (GO) withdrawal services.
09:39
The Shanghai Composite Index fell 1.52% from its previous close, now at 3,602.42.
09:35
GS Caltex showcases AI-driven workplace innovations at its annual Deep Transformation Day
GS Caltex showcased a range of artificial intelligence-driven workplace innovations, including employee training tools, robotics, and energy-saving initiatives, at its fourth annual Deep Transformation Day held Thursday at GS Tower in southern Seoul. The event featured 15 exhibition booths highlighting projects developed by staff to improve productivity and transform business operations.
09:33
U.S. Senators Warren and Murphy criticized Donald Trump's war in Iran, stating it has resulted in 23 American military deaths and cost over $45 billion.
U.S. Senators Elizabeth Warren and Chris Murphy posted on X, criticizing President Trump's war against Iran. Warren noted that the war has lasted nearly eight months, resulted in at least 23 American military deaths, and cost taxpayers over $45 billion, yet no one can explain its purpose or when it will end. Murphy condemned the administration's strategy as "utterly incompetent," stating that Trump initiated the war without a viable plan to protect American troops, diplomats, or bases.
09:32
The Shanghai Composite Index fell 1.24% from its previous close, now at 3,612.83.
09:25
The Japanese Yen hit a more than one-month high against the US Dollar as a renewed sell-off in US tech stocks reignited safe-haven demand, prompting investors to flock to the Yen, Japanese government bonds, and US Treasuries.
09:25
Wealthy Chinese are moving offshore funds to U.S. banks in response to Beijing's tightening scrutiny on overseas wealth for tax purposes.
Wealthy Chinese clients are increasingly seeking to open bank accounts in the United States, according to private bankers and lawyers. This surge in demand follows the Chinese government's retroactive imposition of a 20% income and capital gains tax on offshore trusts in July. Clients are reportedly moving assets previously held in Singapore or Hong Kong to the U.S. to circumvent Beijing's expanding tax oversight. The U.S. is not part of the OECD's Common Reporting Standard (CRS) framework, meaning U.S. banks are not obligated to automatically share financial account data with Beijing, which offers a degree of tax avoidance for Chinese clients.
09:20
"Energy storage darling" Bloom Energy's Q3 revenue surged 138% to $1.24 billion, with profit skyrocketing over 500%. This marks the third time this year the company has raised its full-year guidance.
Fuel cell technology company Bloom Energy announced strong third-quarter results, with revenue up 138% year-over-year to $1.24 billion, net income reaching $250.3 million, and adjusted earnings per share (EPS) of $0.94, all exceeding market expectations. The company raised its full-year revenue guidance to $4.4 billion to $4.6 billion and adjusted EPS guidance to $3.10 to $3.40. The CEO stated that the AI wave has led to data center power demand that is overwhelming traditional grids, and tech giants are turning to on-site power generation solutions, citing NVIDIA's CEO who said "every quarter of data center delay costs $10 billion."
09:17
Ethereum's Glamsterdam upgrade has been postponed due to the discovery of 13 security risks.
Ethereum developers have postponed the Glamsterdam upgrade, originally scheduled for October 26 on the Hoodi testnet, after identifying 13 potential security risks that could affect existing smart contracts. The Ethereum Foundation confirmed on October 22 that the upgrade will no longer proceed as planned, and developers will investigate how a proposed Ethereum change could impact existing smart contracts.
09:17
Italy warns against all travel to Saudi Arabia
Italy's Foreign Ministry has reiterated its warning against all travel to Saudi Arabia, citing a continued deterioration in the kingdom’s security situation. The updated travel advisory, issued on October 22, urges Italians to postpone all journeys and avoid using Saudi airports, recommending facilities in neighboring countries instead. Citizens already in Saudi Arabia are advised to exercise utmost caution and follow local authority instructions, particularly to shelter in place during emergencies. Travel to the southern provinces of Jazan, Najran, and Aseer, especially near the Yemen border, remains strongly discouraged.
09:11
Donald Trump arrived in Iowa for a major rally, stating that inflation and prices are "rapidly" falling.
Donald Trump arrived in Iowa for a major rally, stating that inflation and prices are "rapidly" falling, and campaigned for several Republican candidates, including U.S. Senate candidate Ashley Hinson, gubernatorial candidate Zach Lahn, Attorney General candidate Brenna Bird, and multiple congressional district candidates.
09:09
Switzerland has approved BIT Asset Management's first spot Bitcoin ETF for retail investors, expected to begin trading on the SIX Swiss Exchange in November, with public offering limited to Switzerland.
09:03
Moody's: Chinese Investors Are Shifting Assets From Real Estate and Bank Deposits to Higher-Yielding Investments Domestically and Abroad
Moody's Ratings stated that Chinese households are shifting assets from real estate and bank deposits to higher-yielding investments, both domestically and internationally, despite increasing regulation. In a report released this week, Moody's noted that years of real estate market downturn and low interest rates in China are driving demand for alternative investments, with investors seeking options that "offer higher returns than deposits while maintaining relatively low risk."
09:03
South Korean stocks opened lower on Friday, with the KOSPI down 2.83% to 5,377.17 points as of 9:15 AM.
South Korean stocks opened down 2.36% on Friday. As of 9:15 AM, the Korea Composite Stock Price Index (KOSPI) fell 156.6 points, extending its decline to 2.83%, to 5,377.17 points. Overnight declines in US artificial intelligence and semiconductor stocks, coupled with rising oil prices, weighed on the market.
08:59
Japanese government bond yields fell across the board on Friday, driven by safe-haven demand stemming from AI concerns and the spillover of U.S. Treasury gains into the Japanese market.
08:57
SK Hynix abandons Solidigm's US IPO plan, stock price once fell 3%
SK Hynix, a South Korean chipmaker, announced on Friday that it has abandoned plans for an initial public offering (IPO) of its subsidiary Solidigm in the United States, causing its shares to fall as much as 3% in the Seoul market.

SK Hynix stated that Solidigm will suspend its review of potential IPO options after evaluating recent capital market conditions and stock price trends. This move comes amid increased volatility in financial markets and a general pullback in semiconductor stocks. Previously, South Korean financial regulators had indicated that Solidigm's listing in the U.S. might violate South Korean regulations restricting dual listings. SK Hynix emphasized that Solidigm's investment needs remain unchanged and it will continue to explore other financing options to support its growth and enhance shareholder value. This news comes as U.S. tech stocks face pressure from AI spending concerns, with the Nasdaq Composite Index falling 2.6% on Thursday, and chip stocks like NVIDIA and AMD also experiencing significant declines.
08:50
SpaceX recognized a $561 million investment gain in Q3 from its stake in Boring Co.
SpaceX disclosed on Thursday that its stake in Elon Musk's Boring Co. generated $561 million in investment income for the third quarter. This gain accounted for more than half of SpaceX's "other income" for the period, pushing its net income above $4 billion.
08:41
Japan S&P Global Services PMI Flash
★★★★★Previous 51.3Forecast --Actual 52
08:41
Japan S&P Global Manufacturing PMI Flash
★★★★★Previous 54.1Forecast 54.5Actual 53.3 Below forecast↓
08:41
Japan S&P Global Composite PMI Flash
★★★★★Previous 52.3Forecast --Actual 52.3
08:36
Saudi Civil Defense: The danger in Riyadh has been averted.
08:35
China AI Model Stocks’ $150 Billion Drop Shows No Sign of Easing
08:32
Israeli artillery strikes multiple towns in southern Lebanon
Israeli artillery attacked the outskirts of several towns in southern Lebanon, including Mayfadoun and Zawtar ash-Sharqiyah in the Nabatieh district, as well as Baraachit and Wadi al-Salouqi near the Israeli border, according to Lebanon's National News Agency. Baraachit and Haddatha had previously been attacked. Additionally, Israeli forces continued large-scale clearing operations in the town of Khiam, with no casualties reported so far.
08:30
Gold prices hover near a three-month low as AI concerns fuel market volatility.
08:29
Australian payments company Zip Co.'s share price halved after it disclosed A$10.1 million (US$7.1 million) in costs due to a fraud incident in the United States.
08:29
Saudi Civil Defense issued an urgent alert in Riyadh, urging residents to follow safety instructions.
08:27
Samsung Electronics is down 4.2% from its previous close, now trading at ₩205,500.
08:24
The Nikkei 225 index is down 2.17% from its previous close, currently at 61,541.00.

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