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10/27
16:48
US midterm elections to be held in seven days, with Republicans and Democrats vying for control of Congress. Voters are focused on President Donald Trump's policies. Historically, the sitting president's party tends to lose seats in midterm elections. Currently, Trump's Republican Party holds a majority in both the House of Representatives and the Senate, according to Nikkei Asia.
16:47
Middle East diplomatic solutions are hoped to boost oil prices, with Brent and WTI crude turning positive during the session. Earlier, oil prices had fallen by about 1% on Tuesday. Brent crude futures rose 0.4% to $116.24/barrel, and US WTI crude rose 0.3% to $102.07/barrel. Analysts noted that Monday's talks in Tehran between Iranian officials and representatives from Saudi Arabia, Turkey, and Pakistan eased market concerns about an expanding Middle East supply shock and boosted hopes for a breakthrough to de-escalate regional tensions. Iran stated it would continue discussions with the three countries amid escalating tensions.
16:47
South Korea's JB Financial Group announced a record-high net profit of 595.7 billion Korean Won (approximately $450 million) for the first nine months of this year. Net profit attributable to shareholders in the third quarter increased by 0.8% year-on-year to 210 billion Korean Won, and by 2.9% to 595.7 billion Korean Won for the January-September period, with both figures setting new records for their respective periods. Third-quarter revenue also rose by 13% year-on-year to 1.27 trillion Korean Won.
16:46
Naver has finalized a deal with US-based global asset manager Brookfield to secure up to $9 billion in financing for artificial intelligence computing infrastructure. This agreement puts a formal financing structure in place for its $10 billion AI factory project with Nvidia. Naver disclosed the agreement in a regulatory filing on Tuesday, following its decision in July to name Brookfield its exclusive preferred negotiating partner.
16:38
A drone strike in Nyala, Sudan, on Monday evening killed at least 21 people and injured 40 others at a market in the north of the city, according to a medical source and witnesses cited by AFP. Nyala serves as the de facto capital of Sudan’s paramilitary Rapid Support Forces (RSF), and the market is reportedly frequented by armed men, including RSF fighters. The Sudanese military regularly strikes Nyala amid its ongoing conflict with the RSF since April 2023.
16:35
Jianghua Micro announced that its operating revenue for the first three quarters of 2026 was 1.074 billion yuan, a year-on-year increase of 18.05%. Net profit attributable to the parent company was 67.7303 million yuan, a year-on-year decrease of 14.03%. Non-recurring net profit was 62.0842 million yuan, a year-on-year decrease of 12.83%. For the third quarter alone, operating revenue was 394 million yuan, a year-on-year increase of 19.52%. Net profit attributable to the parent company was 20.795 million yuan, a year-on-year decrease of 32.29%. Non-recurring net profit was 19.5227 million yuan, a year-on-year decrease of 29.03%.
16:33
According to on-chain analytics firm Santiment, XRP whales (wallets holding at least 10 million XRP) have accumulated holdings to their highest level since November 2022, now controlling approximately 46.87 billion XRP, which accounts for 68.5% of the tracked supply. Despite XRP's price hovering around $1.30 with lackluster performance, CoinGlass data shows active derivatives trading, with open interest at $2.96 billion and futures trading volume over the past 24 hours at $2.22 billion, nearly six times the spot trading volume.
16:33
Al Jazeera, citing the Jerusalem Governorate, reported that dozens of Israeli settlers, under the protection of the Israeli army, stormed the Al-Aqsa Mosque compound in occupied East Jerusalem on Tuesday. The Palestinian news agency WAFA stated that the settlers entered the Al-Aqsa Mosque courtyard through the Mughrabi Gate and performed Jewish rituals and "epic prostrations" in the eastern area of the compound. Last month, hundreds of Israelis also entered the compound on the fifth day of the Jewish holiday of Sukkot. According to the historical status quo, the Islamic Waqf Department in Jerusalem has exclusive responsibility for managing the compound as a place of worship solely for Muslims.
16:30
JPMorgan Chase stated that the "AI" label alone is no longer sufficient to win over lenders. The firm noted that as default insurance costs for several AI-related companies hit record highs, lenders now require businesses to prove their ability to finance investments, repay debt, and ultimately generate cash flow. Justin Biemann, Global Investment Strategist at JPMorgan Private Bank, pointed out in a report published on October 23 that companies must demonstrate their ability to convert spending into cash flow. Furthermore, Musk issued a similar warning on Sunday, stating that debt financing for new AI clouds (companies whose revenue is almost entirely dependent on data centers) is drying up.
16:23
The 9th World Investment Forum, co-hosted by UNCTAD and the Government of Qatar, was held in Doha from October 25 to 27. Li Chenggang, Representative for International Trade Negotiations (Vice Minister level) and Vice Minister of Commerce of the People's Republic of China, attended the opening ceremony and delivered a speech at the high-level session on "Reshaping Global Value Chains for Growth and Resilience."
16:23
According to customs statistics, China's total imports and exports with Germany reached 1.2 trillion yuan in the first three quarters of this year, a year-on-year increase of 6.2%. In September alone, the import and export volume was 146.17 billion yuan, a year-on-year increase of 11.3%. Electrical equipment, electronic components, and pharmaceutical products were the main import and export goods. It is estimated that by 2025, the total value of goods imports and exports between China and Germany will reach 1.51 trillion yuan.
16:19
Yehouda Shenhav-Shahrabani, a prominent Israeli sociologist, stated that Israel's entire political system operates "within a racist framework of Jewish supremacy." He noted that any alternative to Netanyahu cannot truly be called left-wing, and argued that the current "terrible reality" is not solely a product of Netanyahu or the far-right, but is rooted in Zionist political thought itself, which is constructed on the principle of Jewish supremacy.
16:19
Tongling Nonferrous Metals announced that its operating revenue for the third quarter of 2026 was 62.748 billion yuan, a year-on-year increase of 36.96%; net profit attributable to the parent company was 2.054 billion yuan, a year-on-year increase of 516.76%; and non-recurring net profit was 2.062 billion yuan, a year-on-year increase of 576.79%. For the first three quarters of 2026, operating revenue was 184.463 billion yuan, a year-on-year increase of 51.33%; net profit attributable to the parent company was 5.047 billion yuan, a year-on-year increase of 184.75%; and non-recurring net profit was 5.133 billion yuan, a year-on-year increase of 201.22%.
16:18
Chen Guo, a strategist at Eastmoney, stated that the decline in China's A-share market today was primarily due to liquidity factors. He believes that external macroeconomic uncertainties, such as the U.S. midterm elections, should not impact A-shares more sensitively than U.S. stocks. He pointed out that the market currently lacks incoming capital and, conversely, fears that there will be deleveraging during any rebound. If there could be strong ETF net inflows like last Friday, market conditions would improve; otherwise, the intrinsic willingness for spontaneous position additions remains low.
16:17
South Korea's nuclear watchdog, the Nuclear Safety and Security Commission, on Tuesday approved an additional 10-year operational life for Kori units 3 and 4, two nuclear reactors located on the country's southeastern coast. The approval came four years after the state-run power operator, Korea Hydro & Nuclear Power Co., requested a review for the restart of the two pressurized water reactors, each with a 1,025 megawatts gross capacity, which had ceased power generation after 40 years of operation.
16:13
Netac Technology announced that its operating revenue for the first three quarters of 2026 was 1.651 billion yuan, a year-on-year increase of 107.76%. Net profit attributable to the parent company was 132 million yuan, compared to a loss of 28.4647 million yuan in the same period last year, achieving a turnaround. Net profit excluding non-recurring gains and losses was 133 million yuan, a year-on-year increase of 574.16%. For the third quarter alone, operating revenue was 685 million yuan, a year-on-year increase of 116.85%. Net profit attributable to the parent company was 36.8888 million yuan, a year-on-year increase of 447.78%. Net profit excluding non-recurring gains and losses was 36.5334 million yuan, a year-on-year increase of 525.72%. The performance growth was primarily due to increased market orders, rising product prices, and expanded sales volume.
16:12
Jinkong Coal Industry reported Q3 2026 revenue of 3.69 billion yuan, a year-on-year increase of 9.84%; net profit attributable to shareholders was 595 million yuan, up 48.55% year-on-year, and non-recurring net profit was 602 million yuan, up 48.59% year-on-year. For the first three quarters of 2026, revenue was 9.809 billion yuan, a year-on-year increase of 5.19%; net profit attributable to shareholders was 1.318 billion yuan, up 3.27% year-on-year; and non-recurring net profit was 1.318 billion yuan, up 3.52% year-on-year. The company stated that the performance change was mainly due to the upward trend in coal market prices.

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