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11/6
08:52
Japanese Prime Minister Sanae Takaichi: Aware of the sharp drop in AI and chip stocks, it is currently difficult to determine whether this is a temporary phenomenon or if it will persist.
08:50
Gate reports Proof of Security cold asset coverage reaching 104.58%, but use of differing snapshot dates raises concerns
Gate has announced that its Proof of Security cold asset coverage ratio has reached 104.58%, though the use of different snapshot dates has sparked concerns. The proportion of its cold storage assets (88.26%) and user assets (84.39%) are based on snapshot data from different times, failing to reflect price fluctuations and capital flows during the intervening period. Independent third-party verification is still ongoing.
08:50
China's 10-year government bond yield falls to a record low
08:42
Yemeni Government Forces Announce 440 Houthi Fighters "Neutralized" in "Operation Yemeni Dawn"
According to a report by Yemen's official state news agency Saba, Colonel Majed Abdullah Al-Nazili, a spokesperson for the armed forces loyal to Yemen’s internationally recognized government, stated that since the government launched Operation "Yemen Dawn" on October 5—aimed at retaking the capital Sana'a and other areas controlled by the Houthi movement—nearly 1,300 strikes have been carried out. These operations have "neutralized" 440 Houthi fighters and destroyed or disabled 132 vehicles, armored units, and heavy weapons.
08:41
Turkish Parliament Officially Approves Makkah Joint Defense Agreement Containing Collective Defense Clause
The Turkish Parliament officially approved the Joint Makkah Defense Agreement signed with Saudi Arabia and Pakistan, with 279 votes in favor and 119 against. The agreement consists of 16 articles, with its core Article 2 stipulating that member states will provide collective defense assistance in the event of an armed attack, operating under a mechanism similar to NATO's Article 5. Valid for 10 years, the agreement aims to enhance defense industry cooperation and strategic deterrence.
08:34
Jim Cramer: AI stock sell-off is not over yet, but it's not a repeat of the 2000 dot-com bubble
CNBC host Jim Cramer said that the sharp sell-off in artificial intelligence stocks may continue, but he urged investors not to panic. During Thursday's intraday trading in U.S. markets, Micron plummeted 17%, GE Vernova dropped 7%, and SanDisk slumped 22%. Cramer pointed out that the current correction in the AI sector is an orderly pullback, with the vast majority of companies boasting substantial earnings—fundamentally different from the speculative enterprises lacking fundamentals during the 2000 dot-com bust. He also warned that the core risk lies in potential regulatory delays for some small and mid-sized cloud providers undertaking projects via debt financing, advising investors to maintain adequate cash reserves.
08:31
South Korea's KOSPI index plunged over 8% intraday, triggering a circuit breaker and halting trading for 20 minutes due to the sell-off in U.S. tech stocks.
08:31
Samsung Electronics and SK Hynix both fell about 10% intraday: Samsung is currently trading at 181,400 KRW, and SK Hynix is trading at 1.116 million KRW.
08:31
According to Deltaone, citing UBS estimates, 30% of the US data center capacity planned for new additions by 2028 may face risks.
According to Deltaone, UBS estimates that 30% of the new data center capacity planned in the U.S. for 2028 could face risks from construction halts. The post links this risk to the possibility of construction pauses following a Democratic victory in the midterm elections, and notes that AI infrastructure stocks declined over the same period, with CoreWeave falling 10% and Nebius dropping 15%. The 30% figure refers to the risk estimate for future planned capacity additions, rather than 30% of existing data centers currently halting construction or shutting down.
08:26
Nikkei index fell 6.2%
08:26
Samsung Electronics fell 9.98% from its previous close, currently trading at ₩181,400.
08:23
SK hynix fell 12.42% from its previous close, currently trading at ₩1,107,000.
08:21
Gold is poised for its biggest weekly gain since August, driven by the U.S. midterm elections weighing on the U.S. dollar and Treasury yields.
08:18
Analysts say that as a net energy exporter, Malaysia is attracting buyers into its government bonds to hedge against regional inflation.
08:18
Nikkei Index falls 20% from June high as AI sector sell-off intensifies
08:16
WuShuo relays Saylor's October 30 view: Bitcoin may usher in a 2- to 3-year bull market
According to WuBlockchain, Strategy founder Michael Saylor stated during the Q3 2026 earnings call on October 30 that he believes Bitcoin could experience a bull market lasting two to three years after enduring a bear market of approximately one year. He cited approximately $6.3 billion in Bitcoin ETF inflows during the third quarter as a signal supporting his view, and believes that institutional investment, digital credit, and bank lending could drive demand for Bitcoin. The above summarizes Saylor's views as reviewed in the report.
08:16
Nikkei 225 plummeted 5%
08:14
Donald Trump meets with Putin’s special envoy Dmitriev, stating that Russia and Ukraine will reach a major agreement involving all of Europe
US President Donald Trump met with Kirill Dmitriev, the special representative of Russian President Vladimir Putin, in the Oval Office at the White House. Following the meeting, Trump stated that Russia and Ukraine are very close to reaching an agreement, which will be a major pact involving the entire of Europe. On the same day, the White House hosted a diplomatic reception hosted by First Lady Melania Trump, attended by senior Russian and Ukrainian officials to solidify the interim ceasefire previously reached in Oleshky, Ukraine. Trump noted that he did not participate in the meeting with the Ukrainian delegation that day and did not disclose the details of his talks with Dmitriev.
08:07
Weighed down by the overnight plunge in U.S. stocks, the KOSPI opened down 8.8% and triggered a circuit breaker, while the Nikkei 225 fell below the 60,000 mark.
Weighed down by the overnight plunge in U.S. stocks, the KOSPI opened down 8.8%, triggering a circuit breaker, while the Nikkei 225 fell below the 60,000 mark. During the session, the KOSPI breached the 5,000 threshold and triggered a 20-minute trading halt, dragged down by steep drops of over 10% in both Samsung Electronics and SK Hynix. The Nikkei 225 fell below 60,000 for the first time since May, and the MSCI Asia Pacific Index dropped as much as 1.9% intraday.
08:07
Nikkei Asia: Percentage of Chinese listed companies setting net-zero targets rises to 28% in 2026
08:04
Japanese government bonds rebounded alongside U.S. Treasuries, with the benchmark 10-year yield falling 7 basis points to 2.685%.
Japanese government bonds rallied alongside US Treasuries, with the benchmark 10-year yield falling 7 basis points to 2.685%. US stocks faced a sell-off on Thursday, with the Nasdaq 100 posting its largest drop since 2020, triggering a cooling in global market risk appetite and boosting safe-haven demand, which in turn drove gains in both US Treasuries and Japanese government bonds.
08:04
US apparel retailer Levi Strauss: Bullish on the Chinese market, with plans to further increase investment and open new stores
US apparel retailer Levi Strauss: Bullish on the Chinese market, with plans to further increase investment and open new stores. Gianluca Flore, Executive Vice President and Chief Commercial Officer of the company, stated that despite many multinational companies facing challenges in China and closing stores, driven by robust growth from young consumers, the company plans to further expand investment and open new stores locally, remaining optimistic about the Chinese market and expecting it to account for a larger share of global operations in the future.
07:58
Donald Trump stated that the U.S. stock market experienced one of the worst trading days in history due to the election results.
07:56
Texas Governor-Elect Gina Hinojosa says state can have strong working relationship with Musk and his companies on its terms
07:56
Texas Governor-Elect Gina Hinojosa Calls to Pause Data Center Expansion Until Protection Measures Are in Place
07:56
Speaking in an interview with CNN, Texas Governor-elect Gina Hinojosa stated that opposition should not be directed at data centers themselves, but rather at their practice of profiting at the expense of Texans.
07:56
Nikkei average futures plunged 7% in early trading
07:47
South Korean chip stocks plunged 10% in pre-market trading, driven by the Democratic Party's landslide victory which heightened concerns over AI infrastructure.
07:33
OCBC reports slight third-quarter profit growth, weighed down by lower trading and insurance income
07:31
The Wall Street Journal: Major investors question whether Anthropic IPO can reach $1.5 trillion valuation
According to The Wall Street Journal, citing people familiar with the matter, major investors are growing increasingly skeptical about whether Anthropic's initial public offering (IPO) can achieve its expected $1.5 trillion valuation, following the cooling of AI-related investment trades and a sharp market downturn. The report stated that Anthropic has aimed for an IPO in the week prior to Thanksgiving, with previously anticipated fundraising of up to $100 billion and a potential valuation of around $1.5 trillion. These figures represent the listing plans and valuation expectations mentioned in the report, rather than completed financing or a final offering price.

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