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11/12
16:01
According to The Korea Herald, on November 12, the KOSPI closed down 32.63 points, or 0.61%, at 5,342.73, halting a two-day winning streak. The report attributed the downturn to risks surrounding NVIDIA's leadership.
15:47
According to CoinDesk, Canaan Inc. has launched a $20 million share repurchase program and may sell additional Bitcoin to fund the buybacks. The report also stated that its mining machine sales revenue plummeted by 96%, and as of the end of September, the majority of its Bitcoin holdings have been staked or allocated to fixed-term products.
15:47
According to CNBC, the UK's GDP grew by 0.7% quarter-on-quarter in the third quarter, matching expectations of economists polled by Reuters, with the year-on-year growth rate coming in at 1.9%. Data from the Office for National Statistics cited in the report showed that service sector output grew by 0.9% in the third quarter, while September GDP grew by 0.2% month-on-month, beating expectations of zero growth.
15:18
According to the *South China Morning Post*, the China Securities Investor Services Center (CSISC) represented over 50 retail investors in a securities class action against TongTech heard by the Beijing Financial Court. The China Securities Regulatory Commission (CSRC) stated in a Q&A on November 11 that the CSISC accepted authorization from 50 or more investors and applied to convert the case into a special representative action. The Beijing Financial Court issued the corresponding right-registration notice on the same day.
15:17
According to Wu Blockchain citing on-chain analyst Mlm, the open interest for the NVIDIA (NVDA) perpetual contract on Hyperliquid has reached $535 million, expanding about 5.8-fold over the past seven days, with daily trading volume surpassing $1 billion for the first time. Among the 9,517 participating wallets tracked, 83% hold long positions, with longs sitting on a combined unrealized loss of approximately $14.6 million. The figures above are based on the analyst's statistics and do not represent the actual stock holdings or trading volume of NVIDIA itself.
15:02
According to CryptoSlate, citing a Glassnode report released on November 10, USDT on Tron, BNB Chain, and Ethereum collectively accounted for 86% of NOWPayments' stablecoin deposit volume during the statistical period from September 2025 to September 2026. The report noted that on-chain USDT and USDC transfer values constitute a different statistical metric from the platform's merchant deposit values, meaning merchant collection shares cannot be inferred from on-chain market shares; nor does this single-platform sample represent the global merchant market.
15:02
According to Wu Blockchain citing SoSoValue data, on November 11, US Bitcoin spot ETFs saw a net outflow of $300 million, while Ethereum spot ETFs experienced a net outflow of $145 million. The above figures represent the fund flow statistics denominated in US dollars for that day.
14:53
According to The Korea Herald, the South Korean government is preparing to introduce a funded pension system, prompting major financial groups to gear up for a new wave of competition in the retirement savings market. The report analyzes that while banks boast massive customer bases and established pension operations, the competitiveness of securities firms and asset management institutions is likely to increase as investment performance gains greater emphasis.
14:33
South Korea's Financial Services Commission announced a corporate governance reform package on Thursday, proposing to shift the shareholder approval threshold for bank holding company CEOs seeking a third term or more from a total ban to at least 75% of shareholder votes in favor, in a move aimed at curbing prolonged autocratic rule, strengthening board independence, and tightening executive compensation oversight.
14:31
According to The Korea Herald, citing a TrendForce forecast, 7% to 9% of smartphones shipped in 2027 are expected to use recycled memory, up from an estimated 3% to 4% this year as reported. The report noted that rising memory prices have driven some budget smartphone manufacturers to use secondhand memory to lower costs.
14:29
Speaking on a panel on Thursday, Harvard economics professor and former International Monetary Fund (IMF) chief economist Kenneth Rogoff warned that a future burst of the artificial intelligence bubble could deal a heavy blow to the South Korean economy, urging policymakers to prepare for increased economic volatility and rising fiscal pressures.
14:23
South Korea's HLB Pharmaceutical held a groundbreaking ceremony for its new pharmaceutical plant in Hwaseong, Gyeonggi Province, on Thursday, with an investment of 55 billion won (approximately $41.4 million). The company stated that once operational, the new facility is expected to nearly triple its production capacity, supporting its goal of achieving 1 trillion won in annual sales by 2036.
14:20
According to The Korea Herald, LS Cable & System has announced plans to invest 350 billion KRW to build a rare-earth permanent magnet plant in Gumi, North Gyeongsang Province, South Korea. The report links South Korean companies scaling up such investments to U.S. plans to tighten restrictions on the use of Chinese-sourced materials in defense equipment starting next year.
14:06
According to Al Jazeera, citing projections released this week by the National Energy Assistance Directors Association (NEADA), the average cost of home heating using various fuels in the U.S. is expected to reach $1,002 this winter, up 7.1% from last winter. Households relying on heating oil are projected to spend $2,977, a year-on-year increase of 70.2%. Mark Wolfe, Executive Director of NEADA, stated that the situation in the Strait of Hormuz and uncertainties in global oil supply make price trends difficult to predict. The above figures are institutional forecasts.

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