CryptoSouth Korea
South Korea's ruling party eyes a fourth delay to its crypto tax
Democratic Party lawmakers would push the 22% levy on crypto gains from 2027 to 2029. Nothing is final, and parliament has yet to vote.
Asia
The latest business and finance news in Asia, told with context and rigour.
CryptoHong Kong SAR China
Hong Kong banks can now settle tokenised deposits around the clock
The HKMA says its Ensemble pilot now settles in tokenised central bank money outside normal hours. It is a controlled pilot, and no volumes or go-live date have been published.
MarketsAnalysisIran, United States
Oil slides on Monday as talk of a US-Iran way out returns
Highlights
EconomyUnited Kingdom, Oman
Oman and the UK: what is firm behind the £1 billion headline
The announcement combines a memorandum for a data centre with no timetable, a £7 billion export credit ceiling that is not loans, and a Gulf trade treaty still unsigned.
EconomyChina
China's economy grows 4.5% in Q3 as consumer spending stays weak
GDP edges past forecasts, but retail sales rose just 1.1% in September and fixed-asset investment is down 7.2% over nine months.