Gate Crypto Flash News and Market Updates

According to Yonhapinfomax, on October 2, South Korea's Deputy Prime Minister and Finance Minister Lee Hyung-il announced the government will reduce treasury bond issuance this year while monitoring bond market conditions. The Finance Ministry said it will cut government bond issuance for November by 5 trillion won from the originally planned amount, with plans to consider further reductions if necessary as it taps into surplus tax revenue.

According to South Korea's Financial Supervisory Service, the outstanding balance of derivative-linked securities and bonds reached 96.7 trillion won as of end-June 2026, marking the highest level since June 2023. The market recovery was driven by capital-guaranteed products, with derivative-linked bonds (ELB/DLB) accounting for 81.8% of total outstanding balance at 79.1 trillion won, up 14% year-over-year. New issuance surged 26.2% to 42.9 trillion won in the first half of 2026, while redemptio

As of late Thursday overnight, U.S. stock futures rose ahead of Friday's September jobs report — Dow futures gained 0.09%, S&P 500 futures rose 0.18%, and Nasdaq-100 futures climbed 0.36%. The jobs report is expected to guide the Federal Reserve's interest rate decision, with consensus forecasts projecting 84,000 new jobs and unemployment holding steady at 4.1%. Among individual stocks, Nike shares dropped nearly 9% in the overnight session after the company posted fiscal Q1 revenue of $11.2 bil

According to AP, international crude oil prices surged on October 1 amid China's suspension of refined oil product exports and U.S. plans to increase military presence in the Middle East. Brent crude for December delivery rose 4.37% to $102.31 per barrel, marking its first break above $100 since early September. WTI for November delivery climbed 2.71% to $92.87 per barrel. China's major refineries halted oil product exports to regions outside Hong Kong and Macau this month after the government w

According to Yonhapinfomax, South Korea's 3-year government bond yield fell 5.3bp to 3.962% on October 2 morning, marking the first drop below the 4% level since September 10. The 30-year yield also declined 5.3bp to 4.499%, reaching its lowest level in over two months. The decline was driven by the government's scaled-down October issuance plan released after market close on October 1, which reduced competitive bidding issuance to 12 trillion won, down 4 trillion won from the previous month.

According to USTR Representative Jamison Grier on October 1, the U.S. will announce results of an overproduction investigation targeting 16 major trading partners, including South Korea, within weeks. Grier stated the investigation would address market distortions caused by excess manufacturing capacity. He specifically cited China's EV market price competition, Japan's continued support for zombie companies, and Vietnam's insufficient domestic consumption as key concerns driving overproduction

According to the U.S. Securities and Exchange Commission's official statement, the SEC has issued a request for public comments on the affiliations between registered national securities exchanges and broker-dealers, particularly concerning security futures trading and compliance with Rule 15c3-3. The inquiry seeks stakeholder insights on operational structures and regulatory compliance frameworks. A deadline for feedback submission will be announced by the SEC.

According to Bank of Korea data released on October 1, the country's overnight call rate stood at 3.05%, with trading volume reaching 14.21 trillion won. Reserve adequacy showed a shortfall of 2.2117 trillion won, while cumulative reserve surplus reached 20.8893 trillion won. Government coffers saw substantial inflows, with market conditions indicating ongoing surplus liquidity amid steady low-rate funding demand.

According to Temus, on October 2, Singapore's Precision Health Research (PRECISE) and Temus signed a memorandum of understanding to establish a joint innovation center for Phase III of Singapore's National Precision Medicine programme. The five-year collaboration aims to build technology, data, and delivery capabilities to convert genomic research into healthcare applications. Phase III, which began in November 2025, targets sequencing the genomes of approximately 450,000 people, or 10% of Singa

According to EU Commission data released on October 1, average diesel prices across the European Union reached a record high of 2.24 euros per liter, up from 1.59 euros per liter before the Middle East conflict escalated. Twelve EU member states, including Belgium, Italy, Romania, and Poland, also saw diesel prices reach historic highs.

Japan's Minister for Economic Revitalization Minoru Kiuchi stated recently that Japan has exited its deflationary state and therefore does not require excessively loose monetary policy to support higher inflation.

According to Korean Economic Daily, The Born Korea saw its stock price fall to 14,340 Korean won on October 2, representing a 40% decline since the start of 2026. The decline accelerated as franchise closures surged, with the company closing 256 outlets last year—a 45.4% increase from 176 closures in 2024—amid weakening consumer spending. Facing headwinds in its core restaurant business, the company is now focusing on regional development projects that combine local specialty products with touri

According to Korea Exchange filings released today (October 2), Samsung Electronics completed its planned share buyback of 53.8 million shares, achieving 100.96% of the announced program. The total buyback amount reached 14.16 trillion Korean won. SK Hynix has purchased 18.35 million shares, equivalent to 76.24% of its planned 24.07 million-share program, with cumulative spending of 32.05 trillion won. Market participants have voiced supply concerns as both companies—major constituents of the Ko

According to Jin10 data, as of October 2 at 10:30 a.m., gold bar prices from major Chinese banks and brands declined, with China Gold, ICBC, and Chow Sang Sang seeing price drops. China Gold recorded the largest decline, falling 5 yuan per gram compared to the previous day.

According to South Korea's stock exchange, Samsung Electronics completed its planned share buyback ahead of schedule today (October 2), having invested 14.15 trillion won and purchased 53.8 million shares. The company had originally announced a buyback program from August 24 to November 21, achieving 100.96% of its target quantity by the end of the program. Meanwhile, SK Hynix is nearing completion of its own buyback program, having purchased 18.35 million shares for 32.05 trillion won, represen

According to Yonhapnews, KOSPI fell 0.47% at open on October 2 but recovered to mixed trading ahead of a four-day holiday. At 11:07 AM, the index rose 12.96 points (0.19%) to 6,984.31, after opening at 6,938.27. All three major market participants were in net selling mode: individuals sold 213 billion won, foreigners 150 billion won, and institutions 140 billion won. Other corporations showed net buying of 576.7 billion won, supported by share buybacks from Samsung Electronics and SK Hynix. KOSD

According to Meritz Securities on October 2, Doosan's CCL (copper clad laminate) supply for optical modules is expected to remain stable and grow significantly even if Chinese suppliers are replaced by non-Chinese manufacturers. The brokerage estimates that Doosan's electronic BG division will see CCL revenue for optical modules reach approximately 105.9 billion won in Q3, up from 49.3 billion won in Q2, as the shift in optical module production capacity does not impact core material suppliers.

According to Korea Exchange, Dbon Korea's stock declined over 40% year-to-date as of October 2, marking the company's worst performance amid a struggling restaurant franchise sector. The company's branded restaurant locations fell for the first time in six years, with 3,057 outlets representing a net decline of 9 stores compared to 2024. Store closures jumped 45.4% to 256 last year from 176 in 2024, while annual revenue dropped 12% to 361.2 billion Korean won in 2025 from 410.7 billion won in 20

According to Odaily, crypto trader Ansem announced recently that he has converted part of his Solana (SOL) holdings into PUMP, betting on the token to surpass $0.01. Ansem noted that PUMP has appreciated approximately 5x since its summer low point this year and remains undervalued. He expects PUMP's breach of its all-time high to unlock higher valuations for newly issued tokens, while the project's ongoing accumulation phase, buyback mechanisms, and expanding cross-chain mobile application conti

According to Carscoops, Stellantis (via FCA US) published a patent for a vehicle high-voltage battery rapid release system on September 17. When the battery pack overheats or suffers damage, drivers or emergency responders can activate release switches positioned inside the cabin or trunk, triggering simultaneous electrical disconnection and mechanical separation of the battery from the vehicle chassis. Once ejected, the vehicle switches to its 12V auxiliary battery to power the motor, enabling