Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
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19:16
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Mexico's Central Bank Deputy Questions Rate Cut to 6.25% Amid Inflation Rise

According to Reuters, Mexico's central bank deputy governor Jonathan Heath recently criticized the bank's recent rate cut to 6.25%, stating it sends the wrong message. Heath noted the decision is confusing given rising inflation pressures and the U.S. Federal Reserve's apparent readiness to maintain higher rates.
19:13
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France Launches €8.7 Billion Agriculture Plan to Boost Food Sovereignty

France launched a 10-year agriculture and food sector revitalization plan worth €8.7 billion on November 12, involving nearly 1,000 projects to reduce import dependence and strengthen food sovereignty. The initiative targets dairy production (24 billion liters), poultry farming, flour mills, and pla
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19:06
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Foxconn Reports EBITDA of NT$369.2B in First Three Quarters, But Free Cash Flow Drops NT$287.4B

According to Youanalyze, Foxconn reported earnings before interest, taxes, depreciation and amortization (EBITDA) of NT$369.2 billion (USD $11.5B) for the first three quarters of 2026, up 50.3% year-over-year and already exceeding last year's full-year EBITDA of NT$357 billion. However, free cash flow recorded a net outflow of NT$287.4 billion, compared to an outflow of NT$125.1 billion in the same period last year. Capital expenditures reached NT$161.7 billion, up 43% year-over-year. The cash o
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19:06
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Weiyi (6417) Maintains 34% Gross Margin for Three Consecutive Quarters in Q3 2026

According to Uanalyze Analysis, Weiyi (6417) reported a gross margin of 34.55% for the first three quarters of 2026, up 3.59 percentage points year-over-year, with Q3 alone at 34.38%. The company attributes this sustained performance to scale amortization at its new Taichung facility and product mix optimization, with hard tags (cards, hard tags, keyfobs) accounting for 68% of revenue and soft labels for 31%. Looking ahead to 2027, Weiyi faces cost pressures as Taiwan Semiconductor Manufacturing
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19:06
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Kingboard Electronics (2368) Analyst Estimates 2027 EPS Up to 83.62 Yuan, New AI Server Products to Ramp in 2027

According to UAnalyze's analyst reports, Kingboard Electronics (2368-TW) held an investor briefing today (November 12) outlining 2027 growth drivers. Analysts estimate the company's full-year 2027 earnings per share (EPS) will range from 55.11 to 83.62 yuan, with revenue projected between 145.56 billion yuan and 185.9 billion yuan. The company identified next-generation AI server products from existing customers and networking communications equipment as key growth sources for 2027. AI servers a
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19:06
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Foxconn's Operating Profit Hits 115.4 Billion TWD in Q3, Up 64% YoY

According to Yanalyze, Foxconn reported Q3 operating profit of 115.4 billion TWD in November 2026, marking the first quarter to exceed 100 billion TWD and representing a 64% year-over-year increase. Revenue reached 3.02 trillion TWD, up 46% YoY, while net income attributable to parent company stood at 77.5 billion TWD, up 34% YoY. Gross margin declined 0.33 percentage points to 6.02% due to product mix and raw material price increases; however, gross profit still rose 39% YoY to 181.5 billion TW
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