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More →South Korea is considering imposing an education tax on cryptocurrency exchanges.
CoinWorld news: South Korea is considering imposing an education tax on cryptocurrency exchanges.
AI boom drives export expansion, South Korea's economy grows 1% in the third quarter
According to a report by Bijie, preliminary estimates released by the Bank of Korea on Tuesday show that the economy grew 1.0% in the third quarter, higher than the market expectation of 0.7%. Exports rose 2.3% in the third quarter, driven mainly by strong shipments of semiconductors, machinery, and electrical equipment. As investment in chip manufacturing equipment increased, facility investment grew 4.1%. However, households reduced spending on goods and services, and private consumption fell 0.2%. Government consumption rose 1.9%. South Korean policymakers have listed inflation and the continued growth of household debt as major concerns. The Bank of Korea expects the economy to continue its upward trend and stated: "Driven by strong performance in the semiconductor industry, exports and investment are expected to maintain rapid growth, while the pace of consumption recovery may gradually accelerate."
Microsoft is offering voluntary buyout packages to about 60,000 employees.
BiJie Network News, according to ITHome, Microsoft on Monday local time launched a voluntary severance buyout program for about 60,000 employees to adapt to workforce restructuring in the AI era. Eligible employees include those at the vice president level and below in some teams in the United States, Canada, India, and the United Kingdom. Participating departments include Xbox, Windows, Copilot, and the finance department. Microsoft said the buyout program is intended to provide employees with more choices and help them plan their career paths, while also reducing headcount and avoiding the impact of large-scale layoffs.
The probability that the Federal Reserve will keep interest rates unchanged this week is 89.5%.
According to CoinWorld news, CME FedWatch data shows that the probability of the Federal Reserve keeping interest rates unchanged this week is 89.5%, while the probability of a cumulative 25 basis point rate hike is 10.5%. By December, the probability of keeping rates unchanged is 17.7%, the probability of a cumulative 25 basis point hike is 73.9%, and the probability of a cumulative 50 basis point hike is 8.4%. The market has reached a high degree of consensus that the Federal Reserve will keep interest rates unchanged this week, and the policy path is in an extremely stable expectation range, with no unexpected shift in monetary policy expected in the short term.
Brazil's 10-year government bond yield surged 275 basis points in a single day to nearly 16%.
CoinWorld news, according to Cointelegraph, Brazil's 10-year government bond yield surged nearly 275 basis points in a single day to nearly 16% after Lula's unexpected re-election. In addition, the Brazilian real depreciated by about 12% against the US dollar, and the Ministry of Finance canceled this week's bond auction.
Anthropic relies on Google, Amazon, and Microsoft to sell AI technology.
According to news from Bijie, the latest documents show that Anthropic is increasingly relying on Google, Amazon, and Microsoft to sell its AI technology to customers. According to its IPO filing published on Monday, in the first half of 2026, sales generated through the cloud marketplaces of these three "hyperscale cloud service providers" accounted for 48% of its total revenue, compared with only 11% in 2023. These cloud service providers collect payments from customers and, after deducting their own fees, transfer the funds to Anthropic. The fees Anthropic paid to channel partners increased by $2.7 billion in the first half of this year compared with the same period last year. This partnership model has driven Anthropic's rapid growth, with the company's second-quarter sales reaching $11.555 billion while recording an operating profit of $974 million. The documents also warned of potential risks, stating that these cloud service providers simultaneously act as investors, customers, distribution partners, and competitors, and may prioritize promoting their own AI models, which could attract the attention of antitrust regulators.
Willy Woo：BTC 2028年价格模拟预测241K-413K
Cointime news: Analyst Willy Woo stated that based on a random walk simulation of Bitcoin, and taking into account the power-law decay of returns, there may be 10,000 possible paths in the future. He believes that Bitcoin's price peak in 2028 will be between $241,000 and $413,000, although this is a simulation result and not his prediction.
The total market capitalization of the crypto market stands at $2.69 trillion.
CoinWorld data: The total market capitalization of the crypto market is $2.69 trillion, with a 24-hour trading volume of $72.706 billion.
AI can predict cancer's response to immunotherapy in advance.
According to a report from Bijie, Caixin reported on October 27 that scientists at Pohang University of Science and Technology in South Korea have developed an artificial intelligence (AI) method that analyzes cancer patients' genetic information to predict in advance their response to immunotherapy. The research aims to help determine which patients can benefit from immunotherapy, and the related paper has been published in the latest issue of the journal Digital Medicine.
First Horizon declares cash dividend
First Horizon Corporation (NYSE: FHN) announced today that its board of directors has declared a cash dividend of $0.17 per share.