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11/2
12:19
Saeed Jalili, a representative of the Supreme Leader to Iran's Supreme National Security Council, stated that Iran's self-reliance has driven major world powers to despair. He made these remarks at a pro-government demonstration, which have been held daily across Iran since the attacks launched by the US and Israel in February.
12:15
Canadian company Fairfax Financial Holdings plans to acquire India's state-owned IDBI Bank for $5.5 billion, but the move has met with opposition from the bank's employees and Indian politicians. The IDBI Bank union has called on the government to cancel the privatization process and instead strengthen the bank, protecting public investment and employee interests. Indian opposition leader Rahul Gandhi also supported the employees, stating that public banks are tools for nation-building, not assets for sale. India's Finance Minister Nirmala Sitharaman, however, said that IDBI Bank was previously in poor condition but has recovered after a 250 billion rupee (approximately $2.6 billion) recapitalization and is preparing for its next phase of growth. Additionally, media reports suggest that government officials may have undervalued IDBI to make Fairfax's offer of 81 rupees per share appear more attractive, while the average fair value is 75.99 rupees per share.
12:13
The central bank is surveying 31 financial institutions on how a major exchange shutdown, prolonged crypto downturn, or losses at another firm could affect their operations.
12:04
Reliance Industries Ltd., India's most valuable company, saw its shares surge by the most in nine months after its earnings surpassed analyst expectations, primarily driven by strong performance in its oil-to-chemicals business.
11:59
The Hong Kong Monetary Authority (HKMA) and Invest Hong Kong today co-hosted the 2026 Hong Kong FinTech Week. During the event, the HKMA announced several new initiatives aimed at strengthening Hong Kong's FinTech capabilities and benefiting businesses and individuals.

Specific measures include: collaborating with Cyberport to launch tConnect Launchpad to explore and validate innovative use cases and accelerate the adoption of tokenization in Hong Kong; and accelerating the connection of the Faster Payment System (FPS) with UnionPay International (UPI) by the end of this year, gradually enabling users to make QR code payments at over 100 million merchants in Hong Kong, mainland China, and more than 40 overseas markets. HKMA Chief Executive Eddie Yue stated that Hong Kong has new growth opportunities in the FinTech sector and will continue to promote responsible innovation and sustainable development.
11:49
RLUSD supply on XRPL dropped by nearly 29%, but reserves in one XRP trading pool remained largely unaffected. According to CryptoSlate, DefiLlama data shows that as of October 31, the RLUSD supply on XRPL was 707 million, a 28.7% decrease in one day. However, ledger observations from October 29 to October 31 revealed that the XRP balance in an XRP/RLUSD trading pool declined by less than 1%, while the RLUSD balance slightly increased, with the reasons for this remaining unresolved.
11:48
Iran's Foreign Minister Abbas Araghchi detailed seven conditions for peace talks and the reopening of the Strait of Hormuz. These include: lifting US sanctions, reducing the US military presence in the region, reinstating oil waivers, releasing frozen Iranian funds, formally recognizing a new Iran-Oman shipping route in the Strait of Hormuz while closing others, ending the war on all fronts (particularly Israel’s attacks on Lebanon), and ending the US naval blockade of Iranian ports and interference in its internal affairs.
11:33
Samsung Display is reportedly set to produce OLED panels with privacy technology for the Galaxy S27 Pro to boost high-end smartphone profitability. According to a report last week by display industry research firm UBI Research, Samsung Display is expected to begin production of advanced organic light-emitting diode (OLED) panels with built-in privacy technology for the upcoming Galaxy S27 Pro this month, with plans to produce approximately 700,000 panels in November. This move aims to help Samsung Electronics expand its high-end smartphone product line and improve profitability amidst rising component costs.
11:02
OpenAI CEO Sam Altman made an unannounced visit to South Korea over the weekend, meeting with Samsung executives and reportedly SK Group Chairman Chey Tae-won. Discussions covered AI developments, potential business opportunities, and cooperation on AI chips and data centers, building on OpenAI's existing Stargate initiative to expand global AI infrastructure through partnerships with leading chipmakers like Samsung Electronics and SK Hynix.
10:49
According to CNBC, U.S. Secretary of State Rubio stated over the weekend that Donald Trump hopes to resolve the conflict with Iran through diplomatic channels and has not yet made a final decision. Rubio said that the U.S. has the capability to take military action if necessary, but prefers a peaceful resolution. The report also noted that some media outlets claim both the U.S. and Iran are preparing for a potential new round of military strikes after the U.S. midterm elections; the U.S. government has not explicitly announced that it will resume attacks on Iran.
10:48
Israeli forces have forcibly displaced at least 537 Palestinian families from their homes in Hebron, with many others trapped and relying on the Red Cross for supplies. Soldiers have been demolishing and vandalising homes, and dozens, including journalists, have been detained. Last week, Israeli settlers installed mobile homes on top of Palestinian shops in the Old City, advancing their goal of taking over the city. Critics suggest prolonging the campaign serves a political and ideological purpose for Israel’s rightwing, including allies of Israeli Prime Minister Benjamin Netanyahu like Security Minister Itamar Ben-Gvir.
10:37
LG CNS, the IT subsidiary of LG Group, announced on Monday that it has completed the construction of a 30-megawatt hyperscale AI data center in Jakarta, Indonesia. The project was commissioned by KMG, a joint venture between Indonesia's Sinar Mas Group and Korea Investment & Securities' real estate asset management arm. LG CNS stated that this marks the first time a South Korean company has built an AI data center for an overseas client.
10:34
Bloomberg Markets reports that investors are shifting funds towards Indian large-cap stocks amidst a global sell-off in AI stocks and weak performance in small-cap stocks. In October, the Indian stock market outperformed its Asian peers and topped global IPO rankings, with software service exporters occupying the top five spots in the large-cap index. Additionally, India's Goods and Services Tax (GST) revenue in October increased by 23% year-on-year to 2.31 trillion rupees, marking the second-highest level ever.
10:32
The CSI 300 Index rose 0.3% to 3997.76 points at 9:36 AM local time, according to the South China Morning Post. Market speculation suggests China will increase support for its existing 300 billion yuan relending facility. The report cited local media saying that the People's Bank of China (PBOC) was scheduled to meet with relevant regulatory departments on Monday morning to discuss optimizing plans to support listed companies and major shareholders in repurchasing shares. The aforementioned content regarding increased support remains market speculation.
10:32
SK Square plans to return at least 4.3 trillion Korean won (approximately $3.2 billion) to shareholders, marking its largest shareholder return commitment since its establishment in 2021, according to The Korea Herald. The investment holding company expects to receive over 6.2 trillion Korean won in dividend income from SK Hynix, supporting the expansion of shareholder returns.
10:25
According to on-chain analyst SomaXBT, the Binance attacker moved approximately $242 million in stolen funds via Tron-related paths within about two days after the attack. In this incident, approximately $628 million in assets were stolen on Tron. After Tether froze about 378.7 million USDT, the attacker moved funds through channels such as Relay, THORChain, Chainflip, and Symbiosis. Another approximately $41.7 million flowed through Bitget Wallet, with the destination remaining unconfirmed. Approximately $7.5 million remains on Tron, while most of the over $3 billion in stolen assets held by the attacker on other chains remain untouched.

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