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South Korea FSC Chairman: Full Active ETF Launch Requires Law Amendment

Financial Services Commission (FSC) Chairman Lee Eok-won stated on the 8th that introducing fully active exchange-traded funds (ETFs) without benchmark correlation requirements would require amending the Capital Markets Act, despite acknowledging the need for product diversification. During a
GateMacroTradfiHub·9m ago
South Korea FSC Chairman: Full Active ETF Launch Requires Law Amendment

Taiwan Indicts 10 for Smuggling US Military Chips to China via Forged Orders

Taiwanese prosecutors have indicted 10 company leaders for smuggling Texas Instruments and Analog Devices military-grade chips to China, according to United Daily News. The chips were allegedly exported using forged orders under the name of Taiwan's National Chung-Shan Institute of Science and
ADI-2.50%
NVDA-0.75%
GateCryptoFrontier·14m ago
Taiwan Indicts 10 for Smuggling US Military Chips to China via Forged Orders

Hong Kong-listed AI stocks retreat across the board: How will the large-model price war reshape the valuation frameworks for MiniMax and Zhipu?

On October 8, 2026, at the Hong Kong market close, large-model stocks had finished declining. According to Gate 股票 market data, MiniMax(HKG: 0100) closed at HK$207.20, down 13.74% on the day, with an intraday low of HK$207.00; 智谱(HKG: 2513) closed at HK$643.00, down 7.61%, with an intraday low of HK$630.50. Baidu (NASDAQ: BIDU) also closed down 2.01% at $85.30, while Meituan (3690.HK) closed at HK$69.400, down 1.07%. MiniMax share price, sou
GateInstantTrends·25m ago
Hong Kong-listed AI stocks retreat across the board: How will the large-model price war reshape the valuation frameworks for MiniMax and Zhipu?

PepsiCo Earnings Beat Estimates as Company Lowers Full-Year Forecast

PepsiCo reported third-quarter earnings Thursday that exceeded analyst expectations. The beverage and snack giant lowered its full-year core earnings per share growth forecast to 2.5% to 3.5%, down from a previous projection of 5% to 7%, while raising its net revenue growth outlook to about 6%.
PEP-1.64%
GateMacroTradfiHub·45m ago
PepsiCo Earnings Beat Estimates as Company Lowers Full-Year Forecast

USD-KRW Rises to 1,340.70 Won on Custody Bank Buying in London Session

The USD-KRW exchange rate reversed course during the London trading session, rising to 1,340.70 won at 4:35 PM, a 0.30 won increase from the previous Seoul session close of 1,340.40 won, driven by custody bank dollar purchases. The reversal occurred after export company negotiation volumes had
GateMacroTradfiHub·1h ago
USD-KRW Rises to 1,340.70 Won on Custody Bank Buying in London Session

USD-KRW Falls to 1,338.50 Won as Export Settlements Support Won

The USD-KRW exchange rate traded at 1,338.50 won at 3:30 PM on October 8th, down 1.90 won from the previous Seoul session close, as export company foreign exchange settlements provided support to the won. The Bank of Korea announced August's current account surplus reached $46.11 billion, the
GateMacroTradfiHub·1h ago
USD-KRW Falls to 1,338.50 Won as Export Settlements Support Won