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The Morning Risk Report: Binance Resumes Withdrawals After Suffering Biggest-Ever Crypto Hack
Plus: Former BizJet salesperson admits to bribing Latin American officials, and what does the Weil Gotshal implosion mean for the law industry?
6 sourcesThe Wall Street Journal BBC The New York Times The Guardian Investing.com CoinDesk 1 hr ago - 2
Anthropic seeks up to US$3.5 billion in Japan for its mega US IPO
This makes Japan one of the few markets that have direct access to the IPO.
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Anthropic swings to third quarter operating loss as compute costs surge ahead of IPO
The Claude developer generated $17 billion in quarterly revenue, but higher computing costs resulted in a $567 million operating loss.
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Oil tumbles on hopes for US-Iran talks
Prices extend decline after Iran’s president said the country’s supreme leader had given officials certain authority over talks
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Oracle Looks to Raise $20 Billion to Fund AI Ambitions
The software company is selling $10 billion in common stock and $10 billion in bonds, according to separate filings with the Securities and Exchange Commission.
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What caused the $6.3bn Binance hack?
Blockchains are not the problem; it is the ecosystem around them that has introduced technological vulnerabilities
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Oil Down More than 6% on Middle East Diplomatic Breakthrough Hopes
Oil and gas prices slid even further in early U.S. trading on rising hopes for a diplomatic breakthrough in Middle East peace talks.
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Crude oil prices plunge more than 7% on Iran peace talk hopes ahead of U.S. midterms
Oil fell Monday, amid news that both the U.S. and Iran are pursuing diplomacy amid ongoing Mideast tensions
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Binance Reports $3.64 Billion in Outflows as It Resumes Normal Transactions
The cryptocurrency exchange saw an immediate uptick in customer withdrawals, following the theft of $6.3 billion in tokens that has been linked to North Korea.
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SpaceX has big wireless dreams — and Boost Mobile may be its shortcut
In recent weeks there has been intense speculation surrounding SpaceX’s ambitions in the cellular market with multiple acquisition targets suggested.
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OpenAI deepens Abu Dhabi foothold as Sam Altman inks deals spanning energy, government and investment
OpenAI signed four Abu Dhabi agreements spanning energy, government and investment as Sam Altman met the emirate’s crown prince.
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Shop fridges and freezers across Europe hit by fresh suspected cyber-attack
Chains in seven countries say cooling unit temperatures rose overnight in incident similar to hack of French shops
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China's top three airlines head for full-year losses as fuel costs weigh
Air China, China Eastern Airlines and China Southern Airlines all reported losses for the first nine months of the year, a period in which they were profitable in 2025.
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How Binance’s $6.3 Billion Hack Went Down
A founder who live-posted about the largest crypto heist in history. Inside a frantic 24 hours at the world’s biggest crypto exchange.
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Bond investors sit out ‘most consequential’ US midterm elections in years
Big fund managers are pressing ‘pause’ as vote and economic data releases loom
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Hedge Funds Back SEC Push to Ease US Access to EU Bond Futures
The Securities and Exchange Commission should add the European Union to a four-decade old list of exempted issuers, a move that would ease restrictions on US investor access to the bloc’s new bond futures market, according to a group representing hedge funds.
Bloomberg 1 hr ago - 22
Citi FX Traders Like Carry But Say It’s No ‘Set-and-Forget’ Bet
Citigroup Inc.’s US currency desk expects the carry trade to keep offering opportunities for investors even though the strategy may struggle to replicate a period of standout returns.
Bloomberg 2 hr ago - 23
Shop freezers in seven European countries hit by cyber-attack
The temperature of freezers in several shops across Europe reportedly rose to as high as 50C.
BBC 3 hr ago - 24
Poundland's former owner offers to invest as minister prepares to meet board
Wolverhampton's Steve Smith said he wants to put some money back into the firm he started.
BBC 5 hr ago - 25
Shabana Mahmood softens immigration plans in face of cabinet backlash
Exception for care workers will allow up to 300,000 people to apply for indefinite leave to remain after five years
The Guardian 2 hr ago - 26
‘It seems bizarre’: We’re in our 80s with $950,000 in traditional IRAs. Why is our adviser pushing us to do Roth conversions?
“Our basic living expenses are covered by $110,000 in annual pensions and Social Security.”
MarketWatch 2 hr ago - 27
China rolls out support measures to aid struggling stocks
CSI300 Index slumped 8.5% in October, the benchmark's worst month since early 2016.
The Straits Times 3 hr ago - 28
China’s EDA champion buys start-up to address weak link, support Huawei’s Tau Scaling Law
Empyrean Technology, China’s top provider of electronic design automation (EDA) tools, plans to acquire a majority stake in a domestic start-up, reinforcing Beijing’s drive for tech self-sufficiency and bolstering support for Huawei Technologies’ semiconductor ambitions.
South China Morning Post 5 hr ago - 29
Beijing city officials to boost hydrogen cars as China sets sights on future industry
Beijing’s municipal government plans to have more than 12,000 hydrogen fuel cell vehicles on its roads and build more than 40 hydrogen refuelling stations by 2030, as part of China’s efforts to promote hydrogen as a strategic energy carrier to strengthen energy security under a…
South China Morning Post 5 hr ago - 30