Crypto live
Energy ·
Energy Minister Alparslan Bayraktar unveiled a plan to reach 175,000 megawatts of wind and solar capacity by 2040, backed by about $100 billion. Türkiye hosts the COP31 climate summit in Antalya next week.
Markets ·
South Korea's main stock index dropped more than 5% on Thursday after the Democratic Party's midterm win raised fears of tighter AI rules. The won also weakened against the dollar.
Kospidown −18.12%1 monthMarkets ·
South Korean shares rose, then fell, as the US midterm vote moved toward a Democratic win. Investors worried about tighter artificial intelligence rules, and the won weakened slightly.
Kospidown −18.12%1 monthMarkets ·
The Korea Exchange paused program trading in KOSPI shares for five minutes after the index plunged. The drop followed the Democratic Party's win in the US midterms.
Kospidown −18.12%1 monthMarkets ·
US stock futures rose sharply on Wednesday after Democrats won the midterm elections. Dow futures gained about 1,150 points before the open.
Dow Jonesup +0.92%1 monthEconomy ·
Philippine inflation reached 7.8% in October 2026, its highest in years. Higher fuel prices and fares drove the rise, which squeezes household budgets.
Economy ·
South Korea's September current account surplus reached $61.46 billion, the largest monthly figure ever, on strong chip exports. The Bank of Korea released the data.
Economy ·
The US removed South Africa from AGOA, a trade deal giving preferential market access. Officials say trade continues, and President Cyril Ramaphosa sees a chance to reset ties.
Economy ·
The World Bank says Kenya overpaid Sh117bn for the Mombasa-Naivasha railway and that corruption is hurting growth. Concerns were also raised about a Sh1.7trn partnership project.
About 400 Samsung Biologics workers plan to strike again despite a court injunction. At Samsung Electronics, a filing to form a sixth union adds to signs of divisions among labor groups.
Kakao's quarterly operating profit rose 7% on stronger advertising sales. The company also plans a 150 billion won share buyback.
Kakaodown −13.13%1 monthMeta has bought AI coding startup Conductor, and OpenAI plans to acquire developer tooling startup Pierre Computer. Terms of both deals were not disclosed.
Meta Platformsdown −17.85%1 monthApple Watch Ultra 3 models are $250 off at $549, a record low. Discounts also cover the Galaxy Z Fold 8 and Pixel Watch 5.
Crypto ·
South Korea wants to push back its tax on crypto income by two years, to 2029. It would also let investors carry losses forward for up to three years.
Energy ·
Malawi faces a nationwide fuel shortage, and Mozambique's government says it is taking steps to ease supplies. Fuel costs affect household budgets and business activity.
Energy ·
Colombia has put the recovery of its gas pipeline with Venezuela on a list of strategic projects. The aim is to diversify gas supply, while the oil agency plans a restart of stalled drilling.
Energy ·
Brent crude fell 4.7% to $98.76 a barrel, its first time under $100 since early October. The drop followed Republican losses in the US midterm elections.
Brent crudedown −3.70%1 monthUpdated