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10/28
13:55
Oil prices rose on Wednesday, with Brent crude up 1.32% to $115.59 per barrel and WTI crude up 1.47% to $101.37 per barrel, as Houthi attacks on Saudi refineries sparked supply concerns. Investors are weighing the potential for a prolonged and expanded conflict in the Middle East, after Houthi forces stated on Tuesday that they attacked Saudi Arabia's largest Ras Tanura refinery. Meanwhile, Donald Trump said at a campaign rally on Tuesday that a war with Iran would end on his terms, emphasizing that Iran must be prevented from acquiring nuclear weapons. Additionally, Israeli exit polls showed a political stalemate, exacerbating regional uncertainty.
13:55
ASEAN prepares QR payments, e-signatures for digital trade pact.
13:53
The dollar’s rebound is good news for shares in European exporters, just as companies enter the busiest stretch of the third-quarter reporting season.
13:47
Wu Blockchain cited a BeInCrypto report stating that AI company Anthropic's S-1 IPO filing disclosed that the U.S. government sold 4,453,900 shares of Anthropic Series B stock, seized from FTX, for $627 million to repay FTX creditors. Anthropic repurchased these shares from the government at $140.9676 per share in October 2025 and resold them at cost to nine undisclosed buyers. Prior to Anthropic's planned Nasdaq listing, this stake is currently valued at approximately $3.94 billion, an increase of over six times from the resale price.
13:45
Igis Asset Management to acquire K-Twin Towers for 1.05 trillion Won
Seoul's prime office market is bucking the trend, with a significant volume of property transactions despite rising borrowing costs slowing investment activity. Earlier this month, Samsung SRA Asset Management selected Igis Asset Management as the preferred bidder to acquire the K-Twin Towers in central Seoul for 1.05 trillion Korean Won (approximately $782 million).
13:45
LG Electronics announced on Wednesday that its third-quarter operating profit increased by 13.5% year-on-year to 781.9 billion Korean won (approximately $583.9 million), with revenue growing by 8.9% to 23.82 trillion Korean won. The company also disclosed that orders for AI data center cooling solutions increased fivefold in the first nine months of this year.
13:40
Ripple CEO Brad Garlinghouse announced a series of significant developments at the company's flagship Swell conference, marking its tenth anniversary. U.S. Treasury Secretary Scott Bessent made a surprise video appearance to discuss digital asset regulation. Ripple will expand its partnership with Robinhood, integrating its financial infrastructure into Robinhood's client products and internal systems. Additionally, the collaboration with BNY Mellon will extend to institutional digital asset custody and tokenized trade finance solutions based on RLUSD, XRP, and the XRP Ledger. Ripple also launched its "24/7 Returns" service and received final approval from the Office of the Comptroller of the Currency (OCC) to establish Ripple National Trust Bank, which will manage RLUSD reserves and institutional digital asset custody. Garlinghouse stated that this was merely "Day 0" of the Swell conference, with the main event scheduled for October 28-29.
13:34
Bitcoinjs-lib patches transaction fee vulnerabilities
Bitcoinjs-lib, a library for building Bitcoin applications, has patched two vulnerabilities that could cause related software to underestimate valid transaction fees and miss warnings for excessively high fees. These vulnerabilities were disclosed on October 26 and have been fixed in versions 5.2.2, 6.1.9, and 7.0.4.
13:33
Copper traded near its highest close in two weeks as traders braced for the Federal Reserve’s decision on interest rates.
13:30
Japan's retail forex market remains largely unaffected despite the cyberattack on GMO Internet Group Inc., with trading volumes holding steady, though some investors are closing accounts, according to Central Tanshi FX.
13:28
Anthropic founders consolidate control
The Financial Times reports that the seven founders of AI company Anthropic are consolidating control over the company and pledging to remain united ahead of its anticipated blockbuster initial public offering (IPO). This move stems from their previous experiences at OpenAI and aims to secure the company's future development.
13:28
Japanese electric motor manufacturer Nidec failed to obtain an unqualified audit opinion on time, as its auditor PwC Japan informed the company that it could not complete the audit promptly, leading Nidec to face a listing review.
13:22
Moody's has assigned A2 and P-1 deposit ratings to Ripple's RLUSD stablecoin. The ratings cover native RLUSD on XRP Ledger and Ethereum, with reserve safeguards weighed against holders’ exposure to an issuer bankruptcy.
13:13
German chancellor, CEOs to Seoul for Asia-Pacific business forum
German chancellor, top CEOs head to Seoul for Asia-Pacific business forum. South Korea will host the 19th Asia-Pacific Conference of German Business (APK 2026) in Seoul from Thursday to Saturday, bringing together about 750 business executives, policymakers, and industry representatives from Germany and across the Asia-Pacific region. The forum will focus on industrial cooperation, artificial intelligence, and supply chain resilience.
13:13
Samsung Electro-Mechanics reported record quarterly revenue and operating profit on Wednesday, with revenue reaching 3.76 trillion won ($2.81 billion), up 30% year-on-year, and operating profit surging 165% to 691 billion won ($516 million). This growth was primarily driven by strong demand for artificial intelligence data center components and accelerating expansion in its semiconductor substrate business.
13:11
Donald Trump posted that his endorsement of Bibi Netanyahu turned the Israeli election from a "decisive loss" into a "stalemate or even victory." Trump stated that this all happened after his endorsement, emphasizing that he only wishes the best for the Middle East, Israel, and the United States.
13:07
Samsung Display to be exclusive OLED touchscreen supplier for Apple's MacBook Pro
Samsung Display is reportedly set to be the exclusive supplier of OLED touchscreens for Apple's MacBook Pro. Despite Apple's long-standing efforts to diversify its display supply chain, Samsung Display has emerged as the sole supplier for two major hardware redesigns: the upcoming foldable iPhone and the OLED touchscreen MacBook Pro. Samsung Display's dominance is expected to extend to Apple's new 14-inch and 16-inch MacBook Pro models, which are anticipated to debut with OLED screens at the "Pro and Tell" event in Los Angeles on Wednesday.
13:07
UAE bank Mashreq injects $125m into Hong Kong business as China ties deepen.
13:03
South Korean financial firms disclose cyberattacks
The scope of cyberattacks on South Korea's financial industry has expanded, with Daishin Securities disclosing a data breach affecting over 38,000 customers. Cryptocurrency exchange Bithumb and asset manager Mirae Asset Global Investments have also confirmed security intrusions. These incidents follow a wave of cyberattacks faced by the financial sector in recent weeks, raising concerns about security vulnerabilities and prompting calls from South Korean financial regulators for stronger defenses.
13:02
CK Asset Holdings, a Hong Kong developer, has sold a vacant shopping mall and a batch of parking spaces within its Seaside Sonata residential project on Hai Tan Street, Sham Shui Po, for HK$179.77 million (approximately US$23 million). Analysts noted that the mall, completed five years ago but never leased, was sold at an "exceptionally cheap" price to free up capital for the company's other projects. The new buyer is Assets Master, but attracting tenants in the short term will be challenging due to the mall's low foot traffic location.
13:00
Standard Chartered's third-quarter net profit jumped, and it raised its 2026 income guidance, expecting operating income growth to exceed 5%-7% at constant exchange rates, excluding significant items.
12:59
South Korea's financial industry has been hit by a second wave of cyberattacks within a month, adding to a surge in cyber intrusions across Asia and fueling concerns that AI could make large-scale hacking easier.
12:52
Chinese robotics stocks continued their recent rally, boosted by market expectations of a shortened timeline for large-scale deployment. The upcoming earnings report from industry leader Yushu Technology Co. is expected to provide further impetus to the sector.
12:51
CZ retweeted a post reminding users to guard against data breach risks
CZ retweeted a post reminding users to guard against data breach risks, listing four incidents reported today by Coinbase vendor Amplitude, Bithumb, and two South Korean brokerage firms, Mirae Asset and Daishin Securities. He pointed out that leaked trading data (names, emails, phone numbers, addresses, ID documents, transaction history) is primarily used for phishing, SIM swap attacks, and social engineering. He advised users to protect their accounts by using separate email aliases, hardware security keys, dedicated phone numbers, and enabling withdrawal whitelists and anti-phishing codes.
12:49
Ambani's Jio Platforms, a telecoms business, saw its shares rise 21% in India's largest initial public offering (IPO). The company successfully raised $3.2 billion at a valuation of $108 billion, providing some relief to the stock market which has been impacted by the war in Iran.
12:40
Shares in Jio Platforms, India's largest telecom company and a venture of former parent Reliance Industries, opened trading 21.4% higher than their initial public offering price in their public debut on Wednesday. The company became a top 5 firm by valuation after its $3 billion offering.
12:39
Philippine President Ferdinand Marcos Pledges to “Do All We Can” to Defend Peso as Currency Weakens to New Record Low.
12:39
Shares of Meta and Google-backed Jio Platforms surged over 21% in their trading debut after a record-breaking IPO.
12:34
Binance Futures will apply a Last Price Protected Mechanism to the USDⓈ-Margined BULLAUSDT Perpetual Contract on October 28, 2026.
12:32
CZ retweeted a CoinMarketCap post showing that crypto activity in the UAE increased by 32% year-over-year to $104.8 billion, ranking second in the Middle East and North Africa region, trailing only Turkey.

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