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President Signs Three Congressional Bills into Law
On Thursday, October 15, 2026, the President signed three congressional bills into law. These include S. 240, which amends the Crow Tribe Water Rights Settlement Act of 2010 to provide more flexibility for water projects; S. 283, requiring the Department of Commerce to develop a standard methodology for identifying seafood country of origin; and S. 2403, which amends the Employee Retirement Income Security Act of 1974 (ERISA) to define adequate consideration for certain closely held stock.
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24H Trending
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UBS: A-share tech sector's "crowding" has significantly eased, market downside risk is limited.
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Goldman Sachs: U.S. Equity Market Sentiment Is Depressed, But Three Major Buying Forces Are Set to Return
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AI supply chain credit cracks spark market concerns, 10-year US Treasury yield falls to 5.09%, a three-week low.
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The KOSPI plunged 7.57% to close at 5554.22 points, triggering circuit breakers. Foreign investors net sold $3.6 billion in a single day.
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South Korea's KOSPI index fell 7.85% intraday, now at 5,537.34.
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TSMC's Q4 revenue guidance exceeded expectations by 6% to $53.3 billion, with a full-year growth forecast raised to 44%, and consideration for further expansion in the US.
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Reserve Bank of New Zealand Chief Economist Paul Conway stated that the interest rate decision in late October is "completely open," despite accumulating inflationary pressures.
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Korean semiconductor expert: Expanding chip capacity could help regain market share from China
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The Office of the Comptroller of the Currency (OCC) investigation found that nine large banks restricted crypto accounts, but new rules will limit regulators from pressuring banks citing "reputational risk."
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The KOSPI fell 7.57% on Thursday, closing at 5,554.22 points.
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