News

The Bank of Korea stated that reports regarding its purchases of U.S. Treasury bonds were "inaccurate," and that the composition and management of its foreign exchange reserve assets are not publicly disclosed.

Indian market regulators have stated that accredited investors must have a minimum accredited securities market exposure of 50 million rupees.

Andy Challenger, Chief Revenue Officer at Challenger Inc., stated that the current hiring climate is rather subdued. With the holidays approaching, employers tend to retain existing staff, and most of their announced hiring plans are for short-term or seasonal jobs. Companies want to maintain flexibility while meeting holiday demands, rather than increasing the number of long-term permanent employees.

The Challenger Job Cuts Report for the U.S. states that as of the end of October, employers had announced 617,189 job cuts, a 44% decrease from the 1,099,500 job cuts announced in the first 10 months of 2025. This is the lowest annual cumulative number of job cuts to date as of the end of October since 2022 (when 243,338 job cuts were announced).

The European Commission announced that €4.36 billion has been disbursed to Ukraine in accordance with a €90 billion loan to support Ukraine.

JPMorgan believes that the slowdown in data center construction will not significantly alter 2027 capital expenditure plans, as most 2027 projects have already commenced and secured financing. The real impact is more likely to emerge after 2028. The slower pace of construction allows AI commercialization revenue more time to catch up with initial capital investments, while also extending the tight supply of computing power. On the financing side, the market may reduce data center-related bond issuance in the short term, with new financing tending to flow to regions with relatively "safe" regulatory environments and GPU projects; the decrease in bond supply will also help alleviate some of the industry's financing technical pressures.

The US Challenger job cuts annual rate in October was -71.3%, compared to -19.90% in the previous month.

The Challenger job cuts report shows that the total number of layoffs in the U.S. in October was 43,994, the lowest October level since 2023.

The US Challenger job cuts rate rose 1.64% month-on-month in October, compared with a previous reading of -18.15%.

The number of Challenger job cuts in the U.S. in October was 43,994, compared to 43,281 in the previous month.

Cristiano Ronaldo has announced his retirement from the Portuguese national team.

The number of layoffs by challenger companies in the United States in October will be announced in ten minutes.

ECB Governing Council member Zigman: It's too early to say how much tighter we need to be.

ECB's Zigmann: The likelihood of a December rate hike is "quite high".

Trump said on Tuesday that he had reached an agreement with Netanyahu to end the year on $4 billion in annual U.S. aid to Israel. While Netanyahu had previously advocated for a gradual reduction in dependence on the U.S., this timeline is significantly shorter than his previous proposals and is not a one-time termination. In January, Netanyahu stated that U.S. aid to Israel would be phased out over the next 10 years. Arman Mahmoudian, a researcher at the Center for Strategic and Foreign Affairs at the University of South Florida, said that if Gulf states believe Trump's claim that the U.S. and Israel reached an agreement to end U.S. military aid months ago, and that this move was initiated by Netanyahu, then Washington can still maintain its image as a reliable partner in the region. However, he warned, "If Gulf states believe this decision was unilateral, made by Washington without coordination with Israel and ignoring the reality that Israel still needs U.S. aid, then the signal it sends to the entire region will be very different." He further stated, "The Middle East may view the sudden termination of aid to its most important strategic ally as a worrying signal and question Washington's long-term commitment to its regional partners."

The Kremlin reiterated Russia's desire to resolve the issue peacefully; however, given that this goal is not yet achievable, its actions in Ukraine continue.

Kremlin: (Regarding the tanker carrying Russian diesel changing course) The diesel will find a buyer; we cannot discuss commercial matters.

Kremlin: Allegations of Russian involvement in the cyberattack on the freezer are utterly absurd.

The Eurozone's September PPI rose 11.1% year-on-year, below the expected 10.9% and the previous figure revised from 8.20% to 8.3%.

Eurozone PPI rose 2.5% month-on-month in September, in line with expectations, while the previous figure was revised from 1.90% to 2%.