Gate Crypto Flash News and Market Updates

According to South Korea's defense industry, major listed companies including LIG Defense & Aerospace, Hanwha Systems, Hanwha Aerospace, and M&C Solutions are participating in the development and production of air defense systems such as Chieftain II and L-SAM in response to escalating North Korean missile threats. LIG Defense & Aerospace handles system integration and missiles for Chieftain II, while Hanwha Systems develops radars for both Chieftain II and L-SAM. Hanwha Aerospace manages launch

According to South Korea's defense industry, companies developing the Chungung II air defense system and L-SAM long-range surface-to-air missile have seen significant stock gains since March amid heightened Middle East tensions. As of October 2, LIG Defense & Aerospace rose 81%, Hanwha System gained 52.4%, and Hanwha Aerospace advanced 13.9% year-to-date. These firms produce key components including guided missiles, multi-function radars, and launcher systems. The Chungung II system has been exp

According to Guru Club, spot gold prices in yuan fell below 900 yuan/gram on October 3, declining 1% intraday.

On Friday (Oct 2), U.S. President Donald Trump announced the United States will not implement a diesel export ban, reversing his previous stance amid the ongoing Iran-related energy crisis. The announcement came as G7 nations agreed to release a combined 100 million barrels of diesel and crude oil from strategic reserves over the next four months to stabilize global energy markets.

According to Korea Exchange data released October 4, KOSDAQ-focused exchange-traded funds delivered outsized gains over the past month, with top performers rallying 26-32%, while the vast majority of investor inflows—about 5.35 trillion Korean won—flowed into money market and U.S. equity index products that averaged just 0.83% returns. The KOSDAQ Index itself rose 11.11% in the month, with small-cap semiconductor and component suppliers driving outperformance. DS KOSDAQ Active led all leveraged-

According to Odaily, Porsche ended its Web3 project and PIONEERS CIRCLE on October 1. The PORSCHE 911 NFT collection, which minted 2,363 of a planned 7,500 tokens at 0.911 ETH each in January 2023, has generated approximately $20 million in cumulative trading volume. Holders retain ownership and trading rights; the company disclosed no plans for token destruction, buyback, or redemption.

According to a statement released by the U.S. Coast Guard on October 2, the agency intercepted a cargo vessel in the Caribbean Sea in early September that was allegedly conducting illegal fuel shipments to Cuba. Coast Guard personnel boarded and inspected the vessel, subsequently escorting it to Puerto Progreso in Mexico's Yucatan Peninsula. The Mexican Navy confirmed 'large amounts of fuel' were found in the vessel's ballast tanks, along with several containers suspected of carrying illegal fue

NEAR Protocol shared updates on scalability and quantum security today, with its official tweet receiving 472 likes and 61 retweets. The engagement reflects growing interest in the protocol's technological advancements.

On October 2, U.S. 10-year Treasury yields closed up 2.99 basis points at 5.2706%, then spiked down to 5.1528% following the non-farm payroll data release at 20:30 Beijing time, marking a V-shaped intraday reversal. Two-year Treasury yields rose 3.12 basis points to close at 4.8247%, diving to 4.6913% after the NFP announcement before rebounding to 4.8477% later in the session.

According to the U.S. Department of Labor, September nonfarm payrolls increased by only 29,000 on October 2, significantly below the market expectation of 84,000, prompting investors to reassess Federal Reserve rate hike prospects. The CME FedWatch tool shows the probability of at least a 25 basis point rate hike by the Fed's late-October meeting fell to 22.7% from 64.2% a week prior. U.S. equities rallied across the board: the Nasdaq climbed 1.19% to 27,190.86, approaching its September 22 reco

According to Reuters, Micron announced on October 4 that it will invest $25 billion in capital expenditures during the first half of fiscal 2027, with additional increases planned for the second half. The company's Q4 revenue reached a record $54.23 billion, nearly five times the prior year period. Market concerns about potential supply oversupply and price pressure emerged following the announcement. However, analysts note that meaningful production increases from the expanded investment will n

According to the Korea Exchange, inverse U.S. dollar ETFs dominated Q3 performance in South Korea's listed fund markets, with the top three gainers all betting on dollar weakness. KODEX U.S. Dollar Futures Inverse 2X rose 22.76% from June 1 through September 30, followed by TIGER U.S. Dollar Futures Inverse 2X at 22.49% and KIWOOM U.S. Dollar Futures Inverse 2X at 22.39%. All three products track negative 2x returns of the dollar futures index, effectively doubling down on dollar declines. The U

According to Korea Exchange, KOSPI recorded a return of -19.33% in the third quarter of 2026, ranking last among 20 major global stock indices surveyed. The decline contrasted sharply with gains posted by peers: Brazil's Bovespa rose 8.32%, Hong Kong's Hang Seng gained 7.57%, and the Nasdaq and S&P 500 advanced 2.47% and 2.03% respectively. The weakness stemmed from a combination of external headwinds and domestic market vulnerabilities. Geopolitical tensions in the Middle East pushed oil prices

According to Yonhapnews on Oct 2, South Korea's KOSPI closed at 7,003.74, down 1.09% for the week, as elevated U.S. Treasury yields pressured risk assets. The index dropped 2.70% early in the week to the 6,800 range before recovering slightly on strong U.S. corporate earnings and mixed U.S. jobs data. U.S. stocks rallied on Oct 2 with the S&P 500 up 0.73%, Nasdaq up 1.19%, and Dow Jones up 0.49%, as September non-farm payrolls came in at 29,000 jobs against market expectations of 84,000. Meanwhi

According to the Financial Investment Association's data reported on October 4, South Korean brokerages issued buy recommendations for over 80% of their research reports during the July 2025-June 2026 period. Four firms—Nexst Securities, Bookook Securities, Yuhwa Securities, and Hanyang Securities—issued buy ratings for 100% of their reports. In contrast, foreign brokerages operating in South Korea showed significantly lower buy-rating concentrations. Macquarie Securities' sell recommendations a

According to Financial News, Samsung Electronics and SK Hynix fell sharply on October 2, with Samsung down 26% from its year-to-date high of 374,500 won to 276,000 won, and SK Hynix declining 38% from 2.987 million won to 1.841 million won. Foreign investors drove the selloff, with net outflows of 21.51 trillion won in September alone across Kospi, with SK Hynix and Samsung accounting for 76.6% of foreign selling (11.58 trillion and 4.89 trillion won respectively). Both companies' share buyback

According to data presented by Democratic Party lawmaker Park Min-gyu, South Korea's National Pension Service invested 106.2 trillion won in Kosdaq last year (end of 2025), surpassing 100 trillion won for the first time. The Kosdaq allocation jumped from 3.9% of combined Kospi-Kosdaq holdings in 2021 to 40.6% in 2025. Meanwhile, other public pension funds—civil servant, teacher, and military pensions—maintained minimal Kosdaq exposure at 1-2% of their stock market portfolios. Kosdaq recently rec

According to Korea Exchange and Yonhap Infomax, over the past month through October 2, foreign investors recorded net sales of 20.305 trillion won in South Korea's KOSPI market. SK Hynix and Samsung Electronics were the most heavily sold stocks, with foreign ownership stakes falling to 49.76% and 46.41% respectively. SK Hynix's foreign shareholding reached its lowest level in approximately 3 years and 4 months as of October 2. The broader KOSPI foreign investor share compressed to 39.66%.

According to Korea Depository Trust & Clearing Corporation data released on October 4, Korean retail investors' net purchases of overseas securities shifted in September, with iShares 0-3 Month U.S. Treasury ETF (SGOV) and Schwab U.S. Dividend ETF (SCHD) claiming the top two positions. SGOV ranked first with $290.46 million in net purchases, jumping from ninth place in August and surging 72.8%. SCHD ranked second with $230.97 million, rising from sixth place and climbing 18.2% from the prior mon

According to FTSE Russell and data from Yonhap News, South Korea's inclusion in the FTSE World Government Bond Index (WGBI) will conclude in November. Foreign investors have cumulatively net purchased 42.4 trillion Korean won in Korean sovereign bonds from March 30 to October 2, driven largely by passive index-tracking funds. However, end-of-month buying momentum has weakened: average month-end net purchases declined 24% from 3.17 trillion won (April–June) to 2.41 trillion won (July–September),