Michelle Steel, the U.S. ambassador to South Korea, said Tuesday that U.S. companies operating in South Korea deserve a “fair competitive environment.” According to Sina Finance, her remarks came a day after South Korea’s antitrust regulator announced a fine against e-commerce giant Coupang for abusing its market-dominant position. Steel made the comments at a forum hosted by an alliance of South Korean and U.S. lawmakers. She did not name Coupang, a U.S.-listed company. Washington has recently expressed dissatisfaction several times with South Korean regulatory and other measures that could affect U.S. companies operating there. Steel said the two countries’ presidents had promised last year that U.S. companies in South Korea would receive fair competitive conditions, adding that this begins with greater mutual understanding.

According to Jin10, Apple will investigate the incident that led to the deaths of three workers at its supplier Tata Group's iPhone parts factory.

Goldman Sachs CEO David Solomon said blocking the US data center buildout would push AI computing capacity overseas, after Democratic midterm wins fueled calls to pause new approvals. Goldman analysts see short-lived halts affecting 45% of planned US capacity expansion, while the Nasdaq slid 11% below its record high last Thursday in its worst session since April 2025, according to BeInCrypto. Solomon said state and local decisions would shape the outcome; as many as 32 of 34 winning governors back stricter rules, and Sen. Bernie Sanders has called for a national moratorium.

According to Kabutan, Yonhap and HKET, Japanese stocks extended gains on Tuesday as AI and chip-related shares drew buybacks after a rally in U.S. semiconductor stocks, while WTI crude futures fell after U.S. President Donald Trump said he would not resume attacks on Iran for now. The Nikkei 225 stood at 60,073.44 as of 04:32 UTC, up 1,297.94 points, or 2.21%, back above the 60,000 mark. Tokyo Electron rose 4.72%, Advantest added 2.24% and SoftBank Group jumped 14.62%, while Sony fell 1.77% and Toyota Motor and Nintendo traded lower. Seoul's KOSPI pared some gains after opening 4.55% higher, standing at 5,179.57 as of 04:32 UTC, up 160.72 points, or 3.20%. Samsung Electronics rose 3.48% and SK hynix gained 4.93%. The Korea Exchange activated a buy-side sidecar for the KOSPI at 9:06 a.m. local time. The Korean won traded at 1,345.75 per U.S. dollar as of 11:20 a.m. local time. Hong Kong's Hang Seng Index ended the morning session up 69 points at 24,518 after opening 172 points higher, with half-day turnover of HK$92.98 billion; the Hang Seng Tech Index rose 0.7% to 4,069. HSBC and Standard Chartered each gained 3%, SMIC rose nearly 4%, and Alibaba fell more than 3% against the trend. PetroChina and CNOOC dropped 3% in early trade as oil prices slid. Taiwan's TAIEX advanced, at one point gaining more than 1,400 points to top 43,000. The index stood at 42,541.02 as of 04:33 UTC, up 879.32 points, or 2.11%. TSMC rose 1.34% to NT$2,265 and MediaTek added 3.09% to NT$3,840. In mainland China, stocks posted modest half-day gains. As of 04:33 UTC, the Shanghai Composite stood at 3,662.81, up 0.06%; the Shenzhen Component Index was at 11,229.66, up 0.76%; and the CSI 300 was at 4,058.95, up 0.07%.

SEC, US stocks, tokenized stocks, NYSE, silence means consent: the difficult path of US stock tokenization. Golden Finance: Why are US companies unwilling to allow third parties to tokenize their stocks?

Japanese government-backed startup Rapidus Corp. has fallen behind schedule on its pledge to mass-produce cutting-edge chips by March 2028 and may no longer meet that deadline, according to Bloomberg.

Australia’s government is watching US President Donald Trump’s foreign policy approach for the rest of his term. Democrats take control of Congress in January, while Trump retains broad unilateral authority over tariffs and military operations, according to Bloomberg. Trade, critical minerals and the AUKUS defense pact involve Congress as much as the White House, posing challenges for the Albanese government as it balances relations with the US. Lowy Institute Executive Director Michael Fullilove joined “Bloomberg: The Asia Trade” to discuss the shifting Washington landscape and Australia-US relations.

North Korean hackers behind the $6.3 billion Binance theft created six worthless meme coins and used them to move about $430,000 of stolen funds, making the money look like normal trading profit. Blockchain firm Elliptic traced the activity, which follows the same method used after last year's Bybit hack.

Claude Fable 5.2 and Claude Mythos 5.2 have been released with a bang. In benchmark tests, they outperform almost all models, leading across the board in intelligent coding, scientific research, cybersecurity, and computer usage.

In the latest race to be the first to release a flagship model, Anthropic has struck first. Early this morning, Anthropic released two top-tier models in one go: the Fable 5.2 and the Mythos 5.2.

Anthropic has decided to proceed with its IPO despite market pressure, with a roadshow expected to begin as early as this Tuesday, aiming to have its shares traded starting next Thursday or Friday. However, after the plunge in AI company stocks, some major investors are now hoping for lower target valuations.

Bridgewater Associates founder Ray Dalio wrote that the results of the US midterm elections will not change the real dilemmas faced by US lawmakers, nor will they change the inherent operating logic behind the power struggle between wealth and power.

The identity of Huang Renxun's alleged mistress has not yet been confirmed, but media outlets such as The New York Times and the Financial Times have previously pointed to Alice Huang, a former executive at the Singaporean computing power company Megaspeed.

Following his meeting with the Qatari prime minister, Trump signaled a potential ceasefire between the US and Iran, stating that the conflict was showing signs of ending. However, he also emphasized that the US military was ready to take action at any time, with three aircraft carriers on high alert. Iran, on the other hand, insisted on seven conditions and called on the US to stop fabricating news reports.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 3238, providing you with the latest and fastest news on the digital currency and blockchain industry.

Of the 62 tokenized US stocks that OKXICE planned to list, 56 were opposed by the issuers. The real obstacle to tokenized stocks is not technology, but whether companies are willing to get involved.