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New World Development discusses extending HK$88 billion loan

New World Development Co. is in preliminary discussions with some banks to extend an approximately HK$88 billion ($11.2 billion) loan by two years, according to people familiar with the matter.

US natural gas futures fall below $3.20 on mild-weather forecasts

US natural gas futures fell below $3.20 per million British thermal units, retreating from a nearly three-week high of $3.283 reached October 13; the report attributed the decline mainly to forecasts for relatively mild weather through Octo…

Genting Bhd. plans 1.25 billion ringgit rights issue

Genting Bhd. announced plans to raise about 1.25 billion ringgit ($306 million) through a renounceable rights issue.

Albertsons Demands More Than $9 Billion From Kroger Over Merger Collapse

Albertsons Cos. is demanding that Kroger Co. pay more than $9 billion over the collapse of their proposed merger.

China says EU will continue procedures on EV price undertakings

China’s commerce ministry said the EU will continue procedures concerning corporate price undertakings in the electric-vehicle case, along with other review procedures.

Saudi Aramco to supply European customers full oil volumes in November

Saudi Aramco says it will supply European customers with their full oil volumes in November.

India’s retail inflation rises to 5.54% in September, above estimates

India’s retail inflation rose to 5.54% in September, above estimates.

IRGC says missiles were fired toward ships in the Strait of Hormuz

The IRGC said missiles were fired from Iranian islands toward ships it described as offending in the Strait of Hormuz.

China passenger vehicle retail sales fell 24% year over year in September

China Passenger Car Association data showed passenger vehicle retail sales fell 24% year over year to 1.702 million units in September.

Philippine PSEi Falls Below 5,600 to Its Lowest Level Since May 2020

The Philippine Stock Exchange index (PSEi) continued its downward trend on Thursday, falling below 5,600 to its lowest level since May 2020.

India Announces $5.5 Billion IDBI Bank Stake Sale to Fairfax; Shares Fall 7%

The Indian government announced a $5.5 billion stake sale in IDBI Bank to Canada’s Fairfax; the headline reports that the bank’s shares fell 7%.

US lifts sanctions on Venezuela’s top lawmaker

The US lifted sanctions on Venezuela’s top lawmaker.

USDA raises 2026 U.S. soybean forecast above expectations

The USDA raised its 2026 U.S. soybean production forecast to 4.562 billion bushels from 4.535 billion in September, above expectations of 4.534 billion.

Goldman Sachs Lowers Euro Area 2027 Headline Inflation Forecast to 2.7%

Goldman Sachs revised its Euro area headline-inflation forecast for 2027 down to 2.7% from 3.0% previously, and forecasts inflation of 1.9% year over year in 2028.

Saudi-led coalition says Houthis attempted attacks on Saudi sites

The Saudi-led coalition said Yemen’s Houthis attempted to attack dozens of airports, oil facilities and ports in Saudi Arabia.

US natural gas prices rise above $3.20/MMBtu

US natural gas prices climbed above $3.20 per million British thermal units on Tuesday, their highest level since September 24, when they reached $3.37; the report attributed the rise to lower production.

Syrian central bank issues first letter of credit for petroleum supply deal

The Syrian central bank issued its first letter of credit to facilitate a petroleum supply deal between the Syrian Petroleum Company and Saudi Aramco, according to a statement.

US Central Command says cargo vessel disabled after attempted Iran blockade breach

US Central Command said a commercial cargo vessel was disabled in the Gulf of Oman after its crew ignored warnings and tried to breach a naval blockade on Iran.

SpaceX Agrees to Purchase Nationwide Spectrum Portfolio

SpaceX agreed to purchase a nationwide spectrum portfolio as it expands Starlink’s U.S. telecommunications presence.

Middle East conflict disrupts ship-fuel market

Disruptions triggered by the Middle East conflict are fragmenting the ship-fuel market and raising concerns about supply availability and quality.

IMF Predicts 1.3% Contraction for Middle East, North Africa and Pakistan in 2026

The IMF predicts the Middle East, North Africa and Pakistan area will shrink by 1.3% in 2026, compared with 3.3% expansion in 2025.

Strategists see Hong Kong borrowing-cost volatility risk as currency nears weak band end

The Hong Kong dollar is nearing the weak end of its trading band, and interbank cash reserves are near historical lows.

UKMTO reports container ship struck by unknown projectile

UKMTO reported receiving a verified-source report that a container ship was struck by an unknown projectile.

Zambia lowers growth forecasts for the next two years

Zambia lowered its economic growth forecasts for the next two years, citing the mounting economic threat from El Niño and the prolonged impact of the Iran war.