According to Yonhap Infomax, on November 10, Chicago Federal Reserve President Austan Goolsbee signaled openness to a 50 basis point rate increase at the next Federal Open Market Committee (FOMC) meeting, stopping short of explicitly ruling it out. When asked about the possibility raised by Federal
According to Yonhapinfomax, the dollar-won exchange rate rose to 1,339.40 won today, up 1.90 won from the previous close, driven by expectations of prolonged U.S. inflation and higher interest rates. South Korea's Ministry of Customs and Tariffs reported October core CPI rose 0.3% month-on-month, ex
According to Shanghai Metals Market data released today, MMLC battery-grade lithium carbonate (morning session) traded at a mid-price of 89,400 yuan per ton, down 2,450 yuan from yesterday's 16:30 close.
According to Jin10, as of 10:30 on November 11, gold bar prices from major Chinese banks and brands fell broadly, with Zhou Shengsheng declining the most at 29 yuan per gram compared to the previous day, followed by declines from Lao Miao Gold and Lao Feng Xiang.
According to open-source intelligence group ABVector, Russia deployed 47 nuclear-capable strategic bombers to an air base in Russia's Far East on November 11, according to Ukrainian media United24 Media and Defense Express. The deployment included 37 Tu-95MS aircraft and 10 Tu-160 bombers at the Amu
According to Odaily, Cohere CEO Aidan Gomez said in a recent Tokyo interview that despite market concerns about AI data center oversupply, the company faces severe compute shortages and competes daily for resources needed to train and operate AI models. Gomez noted that Cohere lacks its own data cen
According to Yonhap Infomax, on November 11 at 9:17 a.m., Japan's 10-year government bond yield rose 5.32 basis points to 2.74%, with 5-year yields climbing 5.02bp to 2.16% and 2-year yields up 4.64bp to 1.83%. The rally followed stronger-than-expected U.S. inflation data: October CPI increased 0.4
According to CIMB Securities analyst Ivy Ng Lee Fang on November 11, crude palm oil prices face near-term pressure from declining Brent crude and elevated Malaysian inventory levels. However, inventory is expected to ease in November as production retreats from seasonal highs, which may provide pric
Tesla broke ground on Crystal Sun, a $10 billion solar factory near Houston, Texas. According to the company's state filing, the project will create 9,712 full-time jobs, with construction expected to finish in 2028 and commercial production starting in the first quarter of 2029. Estimates project t
According to AMD executives on Tuesday, November 10, Vice President Madhu Rangarajan and Chief Architect Mike Clark criticized Nvidia's claim that its Vera CPU is purpose-built for agentic AI, calling it marketing rhetoric. Rangarajan stated: "We did not have magical foresight four years ago that ag
According to CoinDesk, Marc Asch will step down at the end of 2026 as head of Ripple Prime, the prime brokerage division of Ripple. Noel Kimmel, senior vice president of Ripple Prime, will succeed Asch as he pursues new opportunities. Ripple acquired Hidden Road, the former name of Ripple Prime, for
According to the National Development and Reform Commission today, the agency will accelerate Belt and Road Initiative cooperation by promoting "small and beautiful" projects and expanding collaboration in emerging sectors during the 15th Five-Year Plan period. NDRC Regional Opening-Up Director Lian
According to COINOTAG composite scores, Ethereum traded near $2,053 on November 11 after a Sunday sell-off, holding just above the $2,000 support level rated 99 out of 100. ETH is down roughly 25% from its September peak near $2,800, with $2,191 now serving as the first strong resistance above curre
According to Finance Minister Zhuang Cuiyun on November 11, Taiwan's Avoid Double Taxation Agreement (ADTA) with the United States passed the U.S. House in January and now awaits Senate approval. Zhuang stated that Taiwan aims to secure passage before December 20, during the current "lame duck" cong
According to Reuters, Microsoft and other companies are urging the Trump administration to halt a planned ban on importing AI data center components from China. The U.S. Federal Communications Commission is advancing the ban, which targets Chinese optical modules used to transmit data via fiber opti
According to Yonhapinfomax, SK announced on November 11 it will sell its electric vehicle charger manufacturer SK Signet to global private equity firm Anchor PE for an initial 75 billion won, with conditional payments up to 125 billion won tied to SK Signet's 2028-2029 EBITDA performance. External
According to OpenAI CFO Sarah Fryer, the company reported third-quarter revenue of $10 billion on November 10, marking a 50% increase from the prior quarter and translating to an annualized run rate approaching $50 billion. Enterprise (B2B) revenue doubled sequentially, driving the overall growth a
According to official announcement, U.S. robotics company Nidus completed a $30 million funding round on November 11, led by Kleiner Perkins and Costanoa, with participation from Ludlow Ventures, SF1, Absolute Partners, Tau, and angel investors including Hadrian founder Chris Power and Dulo co-found
According to CoreWeave's latest earnings report released on November 10, the AI cloud infrastructure provider's compute capacity has sold out through 2027, with demand for 2028 resources exceeding available supply by multiple times. The company raised service prices by approximately 25% in July, fol
