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10/27
13:38
Samsung Electronics is expanding its Samsung Wallet Money service in China by introducing QR code payments, allowing Korean users to access WeChat Pay without needing a separate payment setup. The company signed a memorandum of understanding with Tencent and Woori Bank at Tencent's headquarters in Shenzhen, China, on Monday.
13:38
Shinhan Financial Group's net profit for the first nine months increased by 12.7% year-on-year to KRW 5.03 trillion (approximately USD 3.8 billion), achieving its 10% return on equity (ROE) target a year ahead of schedule. As of the end of September, the group's ROE reached 11.9%, up approximately 0.9 percentage points from the same period last year, primarily driven by growth in interest and fee income.
13:32
U.S. artificial intelligence startup Anthropic filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission on Monday, planning to list on Nasdaq as early as November under the ticker "ANT." Anthropic's listing is expected to bring substantial valuation gains to its early investors, including South Korean tech companies, with SK Telecom seen as a primary potential beneficiary.
13:32
The U.S. Embassy in Saudi Arabia reissued a security alert, ordering the departure of non-emergency U.S. government employees and their family members from Saudi Arabia, an order first issued by the U.S. Department of State on October 23. The embassy stated on the X platform that due to recent missile and drone attacks by Iranian-backed Houthi forces on airports, U.S. government employees must obtain special authorization from the Chief of Mission to use any airport within Saudi Arabia. The alert also warned citizens of potential further airport attacks, airspace closures, flight cancellations, and travel disruptions. The statement added that all land border crossings, including the King Fahd Causeway to Bahrain, and all highways and roads in and around Riyadh, Jeddah, and Dhahran remain open.
13:28
Amazon Global Selling Korea, the local arm of Amazon’s cross-border selling business, unveiled new initiatives on Tuesday at Amazon Beauty in Seoul 2026. The company plans to carry out four core projects in 2027 with K-beauty sellers to secure leadership in the global market, aiming to further expand the presence of Korean beauty companies in the US.
13:27
LG Energy Solution has signed a non-binding agreement with Israel's Energix to supply 2 GWh of energy storage systems to Europe and North America over the next two years. LG Energy Solution announced on Tuesday that it has signed a non-binding agreement with Israeli renewable energy developer Energix to supply 2 gigawatt-hours (GWh) of energy storage systems (ESS) to Europe and North America over the next two years. Under the memorandum of understanding signed at LG Energy Solution's headquarters in Yeouido, Seoul, the company plans to supply 1.5 GWh of ESS capacity to Europe and 0.5 GWh to North America within 24 months. Both parties will also explore expanding the total supply volume.
13:24
Israeli Elections: Approximately 3 million Palestinians residing in Gaza, the West Bank, and East Jerusalem are ineligible to vote. West Bank crossings will be closed on election day. Although around 7.3 million voters are eligible, including Palestinian citizens of Israel, Palestinians living in the occupied territories cannot participate in the election. The Israeli army announced that all land crossings in the West Bank will be closed on election day.
13:19
International oil prices fell on Tuesday, with Brent crude futures down 0.87% to $114.80 per barrel and US WTI crude down 0.86% to $100.88 per barrel. The decline was mainly due to diplomatic efforts in the Middle East, as officials from Saudi Arabia, Turkey, Pakistan, and Iran held talks in Tehran on Monday, aiming to de-escalate the US-Iran conflict and broader regional tensions. US President Donald Trump stated on Sunday that he was considering either a deal with Iran or increased military action, and a Qatari representative also traveled to Tehran on Sunday to assist in mediation.
13:19
HSBC reported a 45.5% year-on-year increase in third-quarter net profit to $7 billion on Tuesday, falling short of market expectations as the bank continues to restructure its operations and cut costs. Profit attributable to shareholders rose to $7 billion in the three months ending September, up from $4.87 billion in the same period last year. Pre-tax profit increased by 32% to $9.6 billion, and revenue grew by $800 million to $18.6 billion. HSBC also approved a third interim dividend of $0.10 per share and announced a second $1 billion share buyback program. The bank expects net interest income to be at least $46 billion in 2025, with expected credit losses decreasing by 17% year-on-year to $800 million.
13:17
Israel held a general election on Tuesday, an event widely regarded as one of the most significant in the nation's history. In a political landscape dominated by the right wing, Prime Minister Netanyahu, facing war crimes accusations and a corruption trial, is seeking re-election with his far-right coalition against a predominantly right-wing opposition bloc. This election marks the first vote since the Hamas attack on October 7, 2023, and the subsequent war in Gaza.
13:10
OpenAI announced on Monday that its AI models have made several scientific discoveries in mathematics, computer science, and physics. These new discoveries involve harmonic analysis, complexity theory, and quantum field theory, including the first proof of the local smoothing conjecture in harmonic analysis across all spatial dimensions, a refutation of the exponential time hypothesis, and a rigorous mathematical proof of the existence of quantum chromodynamics. Alex Iosevich, a professor of mathematics at the University of Rochester, called this a "historic development" and predicted that the field of theoretical mathematics would "change dramatically" as a result.
13:09
Iran, Saudi Arabia, Turkey, and Pakistan have agreed to continue talks aimed at strengthening regional peace and security. This comes after the Saudi-led coalition stated it had intercepted another wave of missiles and drones launched by Houthi rebels towards the Kingdom. The talks, held in Tehran on Monday, mark the first high-level engagement between Iran and the three signatories of the Mecca Joint Defense Agreement since the US and Israel launched a war on Iran, which then spread to Saudi Arabia and Yemen. In a joint statement released Monday evening, the four nations agreed to continue dialogue to enhance regional cooperation, including promoting regional peace and security. Saudi Arabia stated that its visit to Tehran was intended to open negotiation channels to "prevent a further escalation of military conflict."
13:08
Cui Dongshu, Secretary General of the China Passenger Car Association (CPCA), stated in an article that from January to September 2026, China's automobile production reached 23.37 million units, a year-on-year decrease of 4%. Industry profits were 267.5 billion yuan, down 23% year-on-year, with a sales profit margin of 3.3%. In September alone, automobile production was 3.06 million units, with sales revenue of 1.0374 trillion yuan, a year-on-year increase of 0.6%. However, profits were only 14.2 billion yuan, a sharp year-on-year decrease of 68%, and the sales profit margin dropped to 1.4%, a four-year low.
13:02
Public voting for Israel's 26th parliamentary election officially began at 7:00 AM local time on October 27 (1:00 PM Beijing time on October 27). According to data from Israel's Central Elections Committee, approximately 7.3 million eligible voters are participating in this election, with over 12,000 polling stations nationwide. Public voting is held for one day only, with polling stations opening at 7:00 AM and closing at 10:00 PM on October 27. Official results will be formally announced on November 4.
12:57
SoSoValue data shows that on October 26, US spot Bitcoin ETFs saw a net inflow of $110 million, primarily driven by BlackRock's IBIT, bringing its cumulative net inflow to $66.24 billion. During the same period, spot Ethereum ETFs experienced a net outflow of $88.58 million, despite Fidelity's FETH leading individual funds with an inflow of $16.13 million.

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