Financial markets faced three blows on the 10th. Federal Reserve Governor Waller floated the possibility of a 50-basis-point rate hike in December. The subsequent consumer price index rose more than expected. Dallas Fed President Logan said at least two more rate hikes may be necessary. The US 10-year Treasury yield rose above 5%, and all three major US stock indexes closed lower.
The United States, Russia and Ukraine concluded two days of trilateral talks in Abu Dhabi, United Arab Emirates, on the 11th. Afterward, the Russian negotiator said some progress had been made on certain issues, but no consensus had been reached on others.
Indonesian Vice President Gibran has been questioned over whether his educational background meets election requirements, and he faces a possible impeachment. After protesters demanded that he step down, Gibran has offered his resignation to President Prabowo, and rifts within the ruling coalition have widened.
Nvidia shares fell for two consecutive trading sessions, erasing more than $430 billion in market value, amid reports of a personal relationship involving CEO Jensen Huang. A woman involved has reportedly been suspected of being a Chinese spy, and the FBI has reportedly become involved in an investigation. Nvidia's board has reportedly hired an outside US law firm to conduct an independent internal investigation. A further report alleges the relationship may involve at least $7.5 billion in Nvidia chips flowing to Chinese companies; this has not been verified.
On the 9th, after meeting Qatari Prime Minister Mohammed bin Abdulrahman Al Thani, U.S. President Donald Trump said the war with Iran had "effectively ended" and that no military action was currently necessary. He stressed that U.S. forces remained ready and that the naval blockade of Tehran would continue. Al Thani is an important mediator with Tehran.
The United States, Russia and Ukraine concluded two days of trilateral talks in Abu Dhabi, United Arab Emirates, on the 11th. Afterward, the Russian negotiator said some progress had been made on certain issues, but no consensus had been reached on others.
Indonesian Vice President Gibran has been questioned over whether his educational background meets election requirements, and he faces a possible impeachment. After protesters demanded that he step down, Gibran has offered his resignation to President Prabowo, and rifts within the ruling coalition have widened.
Peace talks between Russia and Ukraine, led by the United States, concluded their second day of discussions in Abu Dhabi, the capital of the United Arab Emirates. The session lasted less than two hours. Both sides expressed willingness to continue negotiations and agreed to a large-scale prisoner exchange.
Russian negotiator Medinsky announced partial outcomes of the latest trilateral talks among Russia, the United States and Ukraine on Wednesday, the 11th. He said Russia and Ukraine agreed in principle to a new large-scale prisoner exchange, with details to be announced later. Medinsky said European security architecture was a core issue in the Abu Dhabi talks, arguing that the war in Ukraine showed the existing framework was not functioning effectively, and that Russia insisted the issue be fully resolved. He also said the Russian delegation did not meet European representatives in Abu Dhabi.
The United States, Russia and Ukraine have resumed three-way talks in Abu Dhabi. After Trump proposed an agreement that could cover all of Europe, Russia asked to address a European security framework first, while Europe insisted on a ceasefire first, making the order of talks a new point of contention. Ahead of the talks, Russian forces intensified strikes on Ukraine's power grid, raising the risk of power shortages in Ukraine this winter.
Ko Wen-je's corruption case has entered the second instance after co-defendants Duanmu Zheng and Li Wenjuan changed their pleas to guilty, and their electronic monitoring was lifted. Ko also faces a breach-of-trust charge that cannot be appealed to the third instance. If the second-instance court upholds a guilty verdict on that charge, Ko could be imprisoned before the overall case becomes final.
On the 9th, U.S. President Donald Trump told a White House press conference that the war with Iran was "effectively over" and that there was no need to escalate military operations in the future. Reports said Israeli Prime Minister Benjamin Netanyahu had been calling Trump daily to urge him to resume military action. Unconfirmed reports also claimed the two men argued during a phone call.
US Secretary of State Rubio said on the 10th that he had told G7 allies that US economic sanctions and a naval blockade against Iran were having a significant effect, and that there is currently no need for large-scale military operations. Speaking in Paris after a G7 meeting, Rubio rejected the view that the US pause in resuming military action signals a stalemate or status quo. He said the economic pain on Iran is immense and mounting daily, and that feedback from Trump's Middle Eastern allies supports this assessment.
Nvidia CEO Jensen Huang has admitted to an extramarital affair with a woman surnamed Huang. According to The New York Times, she is alleged to have been involved in Chinese espionage. The report says Taiwan monitored her in 2024 after she entered the island multiple times on a Hong Kong passport, and that US intelligence agencies electronically surveilled her for at least a year. It also says President Donald Trump was briefed about the matter roughly a year ago but did not act, reportedly over concerns about Nvidia chip sales and US-China trade relations.
On the 9th, after meeting Qatari Prime Minister Mohammed bin Abdulrahman Al Thani, U.S. President Donald Trump said the war with Iran had "effectively ended" and that no military action was currently necessary. He stressed that U.S. forces remained ready and that the naval blockade of Tehran would continue. Al Thani is an important mediator with Tehran.
Financial markets faced three blows on the 10th. Federal Reserve Governor Waller floated the possibility of a 50-basis-point rate hike in December. The subsequent consumer price index rose more than expected. Dallas Fed President Logan said at least two more rate hikes may be necessary. The US 10-year Treasury yield rose above 5%, and all three major US stock indexes closed lower.
The US Bureau of Labor Statistics reported that the consumer price index rose 0.4% month-on-month in October, above expectations. Markets are almost certain the Federal Reserve will raise interest rates next month, with a possible increase of 50 basis points. The three major US stock indexes fell in response.
Semiconductor stocks have risen more than 400% since 2023, a pattern resembling the run-up before the late-1990s internet bubble. A recent pullback of 29% from the peak has raised concerns that history may repeat. Foreign media analysis, however, notes that current chip demand is still growing strongly, unlike the weakening orders of that era, and that valuations have fallen to near-recent lows after the correction, suggesting the rally may not be over.
According to the Financial Times, citing people familiar with the matter, an underwriting team led by Goldman Sachs and Morgan Stanley is considering raising the price range for Anthropic's initial public offering because of strong investor demand. Institutional demand exceeded expectations after just one day of roadshow meetings. The team is weighing a price above the original range of $70 to $78 per share, which could lift the fully diluted target valuation to $1.5 trillion or more and push total proceeds past $100 billion. Under the prospectus, the company planned to sell 825 million shares, and exercising the greenshoe option could add nearly $10 billion.
AI startup Anthropic announced on Tuesday that it has launched the roadshow for its initial public offering (IPO). The company plans to price shares at $70 to $78 each. At the top of that range, it could raise up to $62.5 billion. Goldman Sachs and Morgan Stanley are the lead underwriters, and the shares are expected to list on the Nasdaq Global Select Market under the ticker ANT.
US consumer prices rose more than expected in October, and several Federal Reserve officials took a hawkish tone, triggering a sell-off in Treasuries. The two-year Treasury yield jumped 18.46 basis points to 4.742% on Tuesday, its largest single-day rise since April 2025. The ten-year yield briefly topped 5% intraday. Wall Street now fully prices in a 25-basis-point rate hike in December and assigns a roughly 10% to 15% probability to a 50-basis-point hike.
Nvidia shares fell for two consecutive trading sessions, erasing more than $430 billion in market value, amid reports of a personal relationship involving CEO Jensen Huang. A woman involved has reportedly been suspected of being a Chinese spy, and the FBI has reportedly become involved in an investigation. Nvidia's board has reportedly hired an outside US law firm to conduct an independent internal investigation. A further report alleges the relationship may involve at least $7.5 billion in Nvidia chips flowing to Chinese companies; this has not been verified.
SoftBank Group reported a net loss attributable to owners of 1.12 trillion yen (about $7.1 billion) for the second quarter of fiscal 2026, compared with a profit of 2.50 trillion yen a year earlier. The loss was mainly driven by impairments of about 597.2 billion yen tied to power equipment procurement adjustments for a US data center project, including a 457 billion yen loss on non-refundable equipment prepayments. Financing costs rose to 461.9 billion yen. Shares fell as much as 11% in early trading in Tokyo on the 11th before narrowing to a decline of about 2.76% by midday.
TSMC's board on the 10th approved a cash dividend of 9.0 per share for the third quarter of 2026 and a capital budget of about US$40.93 billion. It also announced plans to subscribe for up to US$500 million in shares each of Anthropic and OpenAI, and to set up an investment company with up to US$500 million to invest in the semiconductor ecosystem. The same day, Taiwan stocks closed up 1,050 points, back above 42,000, extending a two-day rally, while foreign investors sold a net 34.1 billion and have sold for nine consecutive sessions.
US consumer prices rose 0.4% month on month in October, slowing from September but exceeding market expectations. The Federal Reserve is nearly certain to raise interest rates. US stocks were choppy in early trading on the 10th, while Treasury yields and the dollar rose together and gold fell more than 2%.
The Beijing Municipal Economic and Information Technology Bureau has formally issued the Beijing Action Plan for High-Quality Development of the Embodied Intelligence Robot Industry (2026–2028). The plan aims to cultivate at least 5 internationally leading and 10 domestically leading humanoid robot manufacturers by 2028, and to build an annual production capacity of 200,000 units in Beijing. The Beijing-Tianjin-Hebei region is targeted to account for 25% of national complete-machine output, with key component localization above 60%. The plan also calls for adding more than 50,000 PFlops of dedicated computing clusters and collecting over one million hours of high-quality data across at least 100 real-world scenarios. On the day of release, A-share robotics concept stocks saw a wave of limit-up trading.
Quanta said at its investor conference that AI demand remains strong and that it expects AI server revenue to grow by a high double-digit percentage next year. Its total server revenue share could reach 85% to 90%. Responding to market concerns over possible data center regulation after the U.S. midterm elections, CFO Yang Junlie said state-level construction restrictions predate the elections and are not new, and that no customers have adjusted orders because of them so far.
Procurement records show that Northwestern Polytechnical University, which has close ties to the Chinese People's Liberation Army, bought Nvidia H200 chips last month despite being on the US export blacklist.
A new round of memory price increases is emerging in China's market in an uneven manner, with some major manufacturers verbally informing distributors of plans to raise enterprise-grade chip prices. According to Lanjing Finance, an SK hynix distributor said prices are rising daily, while a Samsung distributor said increases are concentrated in DRAM contract and enterprise SSD channels rather than consumer NAND. Nanya Technology notified customers last month of DRAM contract price hikes of up to 20%. In October, the average contract price of general-purpose DDR 8Gb DRAM reached US$27.5, up 5.77% from September.
Procurement records show Northwestern Polytechnical University, which has close ties to the People's Liberation Army, bought Nvidia's H200 AI chips last month despite being on the US export blacklist.
Nvidia CEO Jensen Huang admitted to an extramarital affair on the 8th. According to The New York Times, US intelligence agencies have determined that his alleged partner, a woman surnamed Huang, is a spy for China's Ministry of State Security. Cory Alpert, a former Biden administration official, wrote in The Interpreter, published by the Lowy Institute, that corporate executives now wield greater power than before, while US security institutions have yet to adapt.
Google said this week that its latest frontier model, Gemini 4 Carbon, is now available to enterprises, developers and paying individual users, with API access priced at half that of Anthropic Fable/Mythos 5.2. The model focuses on strengthening coding, agentic AI, scientific research and long-running autonomous tasks, and succeeds Gemini 4 Argon. When it launched in late October, Google made it available only to a select group of trusted cybersecurity defenders.
Anthropic said in a revised public filing that it has determined its AI has reached a safety threshold set under its Responsible Scaling Policy. The company said the determination is based on expectations for future models and the overall pace of progress, not on capabilities current models have already shown. The threshold is triggered when AI's role in the company's research is large enough to roughly double the rate of model progress, requiring stricter safety measures. The announcement came in the same document that set the price range for the company's initial public offering.
On November 10, OpenAI announced a beta called Businesses in ChatGPT, which lets companies claim and manage their business profiles, list products with pricing and inventory, and use AI agents to answer consumer questions directly in ChatGPT. The AI agent feature is initially available to U.S. e-commerce and online service providers. Through the Business Hub tool, businesses can view aggregated insights including how often they are mentioned, views and website clicks.
Reports say Nvidia CEO Jensen Huang's affair with a woman surnamed Huang, who has been alleged to be a Chinese spy, came to light. On the evening of the 10th, Senator Kevin Cramer, a senior Republican on the Senate Banking Committee, called on Huang to step down as CEO.
The network system of the Linkou campus of Kangqiao International School was hacked, and some parents received threatening emails. Donation management systems used by several nonprofit organizations, including Gongdu Meng and Taishao Meng, were also illegally accessed, and the groups issued statements warning the public. On the dark web, hackers were reportedly selling customer data from several Taiwanese companies, claiming a link to the earlier 91APP breach. The Ministry of Digital Affairs said its preliminary assessment links the incidents to recent cyberattacks using AI automation.
Cloud security firms Sentra and Wiz disclosed on November 9 a supply chain attack in which hackers obtained AWS Identity and Access Management (IAM) credentials for Qubole, a big data processing and data lake platform. The attackers used cross-account access permissions that companies had previously granted to Qubole to breach the AWS environments of dozens of organizations.
On November 10, the U.S. Cybersecurity and Infrastructure Security Agency (CISA) said it has evidence that six newly disclosed vulnerabilities are being actively exploited. It added them to its Known Exploited Vulnerabilities (KEV) catalog and ordered federal agencies to patch them within a set deadline.
Microsoft's November Patch Tuesday update fixed more than 1,000 security vulnerabilities. Among them, one flaw has been detected in active exploitation, prompting Microsoft to urge users to install the patch as soon as possible.
Enterprise software company SAP released its monthly Security Patch Day update on November 10, fixing security vulnerabilities in 35 application systems, four weaknesses in libraries published on GitHub, and updating three previously issued security advisories. Four critical flaws, each scored 10 on the CVSS severity scale, affect applications including SAP NetWeaver AS ABAP, SAP Web Dispatcher and SAP Gateway.
Japanese home furnishings chain Nitori announced on November 9 that unauthorized parties accessed its customer systems, potentially exposing up to 37.62 million personal records of individual and corporate members as well as online shop customers. The company detected anomalies in mid-to-late October and confirmed on November 6 that a third party had gained unauthorized access to a system it manages. Nitori cut off access and is investigating with an external specialist organization. Its investigation shows personal data stored on its servers may have leaked, with up to 37.62 million records at most.
Japanese furniture retailer Nitori announced that its servers were accessed illegally, and up to 37.62 million personal data records may have been exposed. Japanese companies have recently faced a series of cyberattacks, and reports have linked agentic AI to the rise of such attacks.
Thai Airways confirmed a security incident at Amadeus, a third-party system provider, in which about 60,529 passenger booking records may have been accessed without authorization. The government has ordered stronger cybersecurity measures.
Cybersecurity firm ESET revealed that Turla, a hacking group linked to Russian intelligence, used a previously undisclosed malware toolkit called Cereal to breach Microsoft Exchange servers at government agencies in Kazakhstan and Romania to gather intelligence. ESET first detected the Kazakh intrusion in November 2025 and later found the same toolkit at a Romanian government agency. In the Romanian case, the malware was configured to collect emails exchanged with NATO and European Union institutions.
The University of California, Berkeley's Center for Long-Term Cybersecurity (CLTC) has outlined three AI cybersecurity threat scenarios for 2027 to 2029. The scenarios explore how attackers could use AI to scale social engineering attacks, automatically find vulnerabilities and confront corporate defense systems, and exploit trust between enterprise and vendor AI agents to disrupt business operations.
Sony is treating anime as a key pillar for future growth, focusing its strategy on original content and long-term intellectual property (IP). The CEO criticized generative AI for lacking soul, arguing that original IP holds the greater long-term value.
Taiwanese taekwondo athlete Zheng Boyu came from behind to defeat Uzbekistan's Shamandarov 2-1 in the men's 55kg final at the Dakar Youth Olympic Games, winning a gold medal. Shamandarov won gold at this year's World Taekwondo Cadet Championships. Taiwan's delegation now has 2 golds, 3 silvers and 3 bronzes. Taiwan's taekwondo team had previously won Youth Olympic gold only at the 2014 Nanjing Youth Olympics, through Huang Huaixuan and Huang Yuren. Zheng joins them.
Delegations from Ukraine, the United States and Russia are meeting in the United Arab Emirates for the first trilateral talks since February. Zelensky said the first day of talks was constructive.
A woman has told BBC Newsnight that British comedian David Walliams groomed her when she was a teenager. She said she was angry at his behaviour.
The United States has said since the early days of the war that Iran's arsenal and its ability to rebuild it were thoroughly degraded.
Two people familiar with the matter said on Tuesday that US Treasury Secretary Scott Bessent has recently moved from his Washington DC residence to a US military base after Iranian threats against his life. The New York Times first reported the move. A senior intelligence official in the Trump administration warned in a memo seen by Reuters late last month that Iranian plots against US personnel and American citizens had reached an advanced stage. Bessent has led US sanctions and economic pressure on Iran.
On Friday, US Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent held a video call with Chinese Vice-Premier He Lifeng, urging China to uphold its earlier commitments on agricultural goods and rare earth exports. A day earlier, Beijing had asked Washington to implement a deal reciprocally cutting tariffs on US$30 billion worth of products on each side, as a precondition for buying more American farm products. The talks come just days before President Donald Trump meets Chinese leader Xi Jinping.
India has revised its controversial Agnipath (“Path of Fire”) recruitment scheme so that thousands of soldiers who would otherwise leave the military after four years will remain on duty. The federal cabinet approved the revisions last Tuesday. More than 18,000 recruits from the scheme's first batch will be granted a two-year service term. The move reflects New Delhi's efforts to address persistent manpower shortages and security concerns along its borders with China and Pakistan.
U.S. authorities charged three men described as Iranian operatives over an alleged plot involving a U.K. airbase. Days after the September incident, the United States withdrew all its B-1 bombers from the base.
The United States called for new Europe security arrangements at Russia-Ukraine talks. Ukrainian President Volodymyr Zelenskyy later said the talks were "constructive and quite substantive."
According to sources cited by the South China Morning Post, China, the United States and Russia have held weeks of discussions to set the agenda and protocol for a meeting among their leaders on the sidelines of next week's Apec summit in Shenzhen. The talks could produce a commitment to control artificial intelligence in nuclear arsenals, as part of a broader agenda on global governance.
The US Department of Justice says three Iran-backed suspects were involved in a series of plots, including a major incident near a UK airbase used by US armed forces.
The US House of Representatives blocked an effort to impeach incumbent Defence Secretary Pete Hegseth. Congressional members sought to unseat him over his conduct of the Iran war, but the effort failed at the first procedural hurdle.
U.S. authorities charged three men with being Iran-backed operatives who allegedly planned attacks on Jewish communities and an attack on a British air base. The allegations have not yet been decided by a court.
U.S. prosecutors have charged three men with plotting terror attacks, including a planned assault on a UK airbase. U.S. Attorney Jamie McDonald said one suspect, arrested in the spring, continued to coordinate with his co-defendants in the days leading up to the attempted September terrorist plot.
On a highway in Bulgaria, dense fog reduced visibility and caused 86 vehicles to crash into one another, killing at least 12 people. In South Korea, a bus suspected of brake failure rear-ended 32 vehicles waiting at a red light at an intersection, injuring 57 people, nine of them seriously.
Forest monitoring group Nusantara Atlas said today that Indonesia's wildfires are partly being driven by a strong El Niño event. Wildfires in 2026 have damaged 2.88 million hectares of land.
The murder and dismemberment case involving Abby Choi continued at the Hong Kong High Court on the 11th. Defendant Kwong Kong-kit, Choi's former brother-in-law, testified in his own defense that his brother, Choi's ex-husband Kwong Kong-chi, was responsible. Kwong Kong-kit said that on the day of the incident, Choi repeatedly swore at Kwong Kong-chi inside a car, after which a loud impact sound was heard. He said Kwong Kong-chi then broke down crying, and that he realized a serious accident had occurred in the vehicle.
The US Food and Drug Administration has warned that GLP-1 drugs, popularly known as 'slim needles', may increase the risk of rare optic neuropathy, which can cause permanent blindness. A report in Taiwan states that a 50-year-old man lost vision in his right eye suddenly about four months after starting injections, and his left eye vision also declined. He was diagnosed with ocular stroke. The adverse drug reaction has been reported, and a drug injury relief application has been filed. The case is under review.
Italian Education Minister Giuseppe Valditara said on Wednesday (11th) that at least 300 schools had been evacuated after receiving identical bomb threat emails, and the number of affected schools could rise. Prime Minister Giorgia Meloni will convene an emergency government meeting with intelligence agencies to discuss response measures. Authorities preliminarily assess the threats may be a hoax, and police have launched an investigation. No intelligence currently indicates an actual threat.
A man in his 50s was arrested in Seoul's Seongbuk district after police said he was suspected of killing a teenage girl at a hotel late on the 11th. He allegedly was angry that his son, in his 20s, had been sued by the girl's family over an alleged sexual assault, and tracked the girl down. Police arrived within 15 minutes of receiving a report and are investigating under the Aggravated Punishment of Specific Crimes Act.
On the evening of the 9th, a United Airlines flight in the United States experienced a safety incident in which a passenger whose behavior was out of control claimed to be carrying a bomb and attempted to enter the cockpit. The incident prompted the pilots to issue a hijacking alert.
Leaders began delivering statements at the UN climate conference COP31 today, but several major world leaders did not attend. Among G7 members, only the UK prime minister took part, while the US and Chinese heads of state did not appear.
On the morning of the 11th, a city bus rear-ended 31 vehicles waiting at a red light at an intersection in Bundang District, Seongnam, Gyeonggi Province, South Korea, affecting a total of 32 vehicles. The crash injured 48 people, including the bus driver: six seriously and 42 with minor injuries.
The Tainan District Court's lay judge division heard the case yesterday. Prosecutors indicted a man surnamed Wu on charges including causing death by inability to drive safely. Last April, Wu was driving a cement truck on Provincial Highway 61 in Qigu when it struck a construction vehicle, killing two people, injuring one and sparking a vehicle fire. Wu admitted to consuming a coffee packet containing drugs two days before the crash. He also admitted to watching a TV drama on his phone while driving.