World news, briefly.
Updated daily at 7 AM India time
U.S. stocks posted their worst decline since June as a sell-off in technology shares intensified. Treasury yields fell as investors sought safer assets, while Japan’s Nikkei also declined after the Bank of Japan left interest rates unchanged.
apnews.com (English) ↗＋ SaveThe eurozone economy grew 0.3% in the third quarter, exceeding economists’ expectations despite an energy shock. Higher oil prices could widen inflationary effects and increase pressure on the European Central Bank to raise rates in December.
apnews.com (English) ↗＋ SaveFederal Reserve Bank of St. Louis President Alberto Musalem said additional rate increases may be needed to return inflation to the central bank’s target. His comments followed a decision by Fed officials to leave rates unchanged while assessing persistent price pressures.
news.bloomberglaw.com (English) ↗＋ SaveA U.N. investigator accused Myanmar’s military-backed government of deliberately attacking civilians to terrorize and subdue them. The investigator said weapons purchases from China, Russia and other countries are fueling the conflict and worsening the humanitarian situation.
apnews.com (English) ↗＋ SaveIran said four tankers struck mines and caught fire in the Strait of Hormuz. The report also described renewed diplomatic efforts involving Qatar to help end the war involving Iran, Israel and the United States.
apnews.com (English) ↗＋ SaveG20 foreign ministers appeared divided over security and trade issues, including the Russia-Ukraine war, the war involving Iran and Israel, tariffs and South China Sea tensions. European objections to Russia’s participation led the U.S. hosts to cancel the traditional group photograph.
apnews.com (English) ↗＋ SaveHackers linked to North Korea were blamed for stealing at least $6.3 billion in cryptocurrency from Binance, described as the largest known crypto theft. Binance said a compromised engineer’s laptop was involved and that about $3 billion had been frozen.
techcrunch.com (English) ↗＋ SaveThe U.S. Securities and Exchange Commission is examining corporate disclosures by artificial-intelligence companies as concerns grow about a potential AI bubble and circular deals. Its enforcement director said companies must accurately disclose material risks to investors.
marketscreener.com (English) ↗＋ SaveThe top federal prosecutor in Alaska confirmed criminal and civil investigations into an alleged scheme to recruit a Senate candidate who shares a name with Republican incumbent Dan Sullivan. Democrat Mary Peltola denied knowledge of the alleged effort.
theguardian.com (English) ↗＋ SavePresident Donald Trump is using government benefits and project announcements to support Republican candidates ahead of the midterm elections. The strategy has raised concerns about political pressure on decisions such as disaster aid and veterans’ benefits.
apnews.com (English) ↗＋ SaveFallon Sherrock defeated reigning world champion Luke Littler in one leg of darts to win a £501,000 prize.
bbc.co.uk (English) ↗＋ SaveEngland’s Red Roses defeated the United States 55-12 in the WXV Global Series. Claudia Moloney-MacDonald scored four tries as England maintained a 22-match winning run against the USA dating back to 1991.
theguardian.com (English) ↗＋ SaveMax Verstappen criticized Liam Lawson’s behaviour after the two collided during Friday practice for the Mexico City Grand Prix.
bbc.co.uk (English) ↗＋ SaveA helicopter carrying six people, including five passengers from Bengaluru and the pilot, crashed while returning from Badrinath to Dehradun on October 30. Authorities said it lost contact while crossing Joshimath Valley during an orange weather alert.
indianexpress.com (English) ↗＋ SaveIndia’s Supreme Court said banks could be required to compensate victims of digital-arrest fraud when inadequate due diligence contributed to losses. The bench called the scams a major financial fraud and criticized the pace of mandatory safeguards.
indianexpress.com (English) ↗＋ Save