Gate Crypto Flash News and Market Updates

According to Jin10, on October 1, President Trump signaled weakened support for a full diesel export ban, citing concerns that such a measure could produce unintended economic consequences. Energy Secretary Chris Wright and Interior Secretary Doug Burgum warned the Trump administration that a comprehensive ban, while intended to aid diesel markets, risks elevating prices of other commodities. Trump stated current energy conditions are favorable, with oil prices declining and diesel prices expect

According to Colombia's autonomous fiscal committee, the country's budget deficit is projected to reach 7.8% of GDP in 2026 and rise to 9.5% in 2027.

According to Korea Insurance Association, Hyundai Marine and Fire Insurance reported an asset yield of 3.12% as of end-H1 2026, the lowest among South Korea's top-five property insurers. Competitor Meritz Fire recorded 6.0%, followed by DB Insurance (4.58%), KB Insurance (3.53%), and Samsung Fire (3.32%). To reverse the trend, Hyundai Marine is expanding alternative investments through subsidiaries. The company committed 15 billion won to a real estate private fund in recent periods, and deploye

According to analysis by U.S. think tank IEEFA released on September 1, Korea Gas Corporation (KOGAS) confirmed its final investment decision (FID) in LNG Canada Phase 2 project with an investment of approximately 767 billion won, securing annual LNG supply of 700,000 tons starting commercial production in 2031. However, IEEFA flagged three major risks: constructor costs are rising with demands for price increases, key investors including Shell and Mitsubishi are reducing stakes, and global LNG

According to CNBC, California Governor Gavin Newsom signed SB 947, the No Robo Bosses Act, in September 2026, banning employers from relying solely on artificial intelligence to fire or discipline workers. The landmark law prevents businesses from exclusively using automated decision-making systems in employee termination and discipline matters. Under the bill, employers who rely "primarily" on AI to make such decisions must now have a human reviewer corroborate those decisions using additional

According to EQT Partners, the global private equity firm has signed a definitive share purchase agreement (SPA) to sell Acuon Group (comprising Acuon Capital and Acuon Savings Bank) to a consortium of Hana Life Insurance and Centroid PE, effective today (September 30). The transaction is subject to approval from South Korean financial regulators. Hana Life will acquire a 50.54% stake in Acuon Capital, while Centroid PE will hold 45.52%, with EQT retaining the remaining shares through the transa

According to NH Investment & Securities on October 1, the firm raised its target price for NHN from 70,000 Korean won to 85,000 won, maintaining a buy rating. The revision reflects expectations that NeoCloud's data center business will drive earnings improvement and stock appreciation. The firm projects demand for NHN's 20-megawatt AI data center in Seoul's Yeongdeungpo district will significantly exceed expectations, with total capacity expanding to 70 megawatts from 2027 onward. NHN is forecas

According to Chainalysis and the U.S. Office of Foreign Assets Control (OFAC), the agency recently sanctioned an FBI Top 10 fugitive and member of Tren de Aragua, a transnational criminal organization, for laundering millions of dollars stolen from U.S. ATMs through stablecoins. The investigation revealed that the criminal network leveraged stablecoins to move funds internationally across Mexico, Colombia, and Venezuela. This action follows over 30 OFAC sanctions against approximately 300 indivi

The Bank of Japan will announce the summary of its September monetary policy meeting deliberations in 10 minutes on September 30.

China's official manufacturing and services PMI both rose to 50.1 and 50.2 respectively in September, entering expansion territory for the first time in months. Private-sector manufacturing PMI surged to a five-month high of 52.1, while services PMI accelerated for a second consecutive month, suggesting improved momentum in the world's second-largest economy.

According to Hyundai Motor Securities, on September 1, the brokerage lowered Korea Zinc's price target to 1.42 million won from 1.50 million won, citing weakness in gold and silver prices combined with Korean won strength that is expected to reduce operating profit. The firm maintains a 'buy' rating. Korea Zinc's third-quarter operating profit is estimated at 424.6 billion won, up 56% year-over-year, though zinc prices—currently trading near $4,000 per ton—rose 10% quarter-over-quarter while gol

According to Daol Investment Securities analyst Lee Da-yeon, on September 1, the food company Orion received a buy rating with a target price of 180,000 Korean won as recent share price weakness pushed its forward price-to-earnings ratio to 8.3x. At current levels, Orion presents a buying opportunity given its historical PER trading range of 8–12x, the analyst noted. The expected dividend yield stands at approximately 4%, enhanced by the company's first-ever interim dividend introduced in July.

According to Jin10, Singapore launched the world's first green aviation fuel surcharge on departing flights from October 1. Tickets purchased starting Thursday for flights departing after January 1, 2027, will incur an additional fee ranging from SGD 1 (approximately 78 US cents) to SGD 41.60, depending on cabin class and destination. The surcharge funds sustainable aviation fuel (SAF) initiatives to reduce aviation's climate impact. The fee does not apply to connecting passengers.

According to Zhitong Finance, on October 1, the Hang Seng Index ADR fell to 24,525.11, down 88.16 points or 0.36%. Among large-cap blue chips, HSBC Holdings declined 1.36% to HK$155.845, while Tencent Holdings fell 1.29% to HK$425.432.

According to Wise Finance, Hang Seng Index futures (October contract) closed at 24,422 points on October 1, down 170 points or 0.691%, trading at a discount of 191 points.

According to KB Securities on September 1, Samsung Electronics could distribute approximately 70 trillion won in cash dividends in the second half of 2026 while also repurchasing and retiring 40 trillion won in shares. KB Securities' research head Kim Dong-won estimated the company would allocate roughly 30 trillion won in Q3 dividends and 40 trillion won in Q4 dividends, with remaining funds directed toward share buybacks. Samsung Electronics' operating profit is expected to reach 368 trillion

According to Yonhapnews, Hyundai Mobis divested its lighting business on September 29, with 100% stake sold to French OP Mobility for approximately 600 billion Korean won. The transaction marks a strategic shift as the company redirects resources toward higher-margin businesses including electrical systems, software, and robotics actuators. Securities analysts said the divestment enables Hyundai Mobis to concentrate on technology-driven segments. KB Securities noted that while the lighting busin

According to NEAR Protocol, the network recently launched the SPICE upgrade, a major architectural change that separates transaction ordering, data availability, and execution. The upgrade is designed to enable faster block production, reduce latency, and support longer-running and more complex transactions on NEAR Intents and near.com platforms.

According to Lotte Construction's statement, today (Sept 1) the company successfully issued its third asset-backed securitization (ABS) worth 200 billion Korean won with a one-year maturity, achieving full sellout. The securities received the highest AAA credit rating. The ABS is backed by construction payment receivables from six project sites including residential developments and group affiliate properties. The company plans to realize early cash recovery of approximately 470 billion won thro

According to Bitcoin News on X, @callebtc demonstrated sending Bitcoin-backed Cashu e-cash through Apple's Find network without requiring an internet connection. The method uses small devices to disguise encrypted data as Find Bluetooth signals, which nearby Apple devices receive and relay through Apple's network, allowing recipients to access the Cashu e-cash information while the sending device remains disconnected from Wi-Fi or cellular networks.