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According to Yonhap News Agency: South Korea will implement zero tariffs on liquefied natural gas and liquefied petroleum gas to address inflation.

The Federal Reserve, under the leadership of its new Chair Walsh, adopted a hawkish stance at its first policy meeting, pushing up US Treasury yields and putting overall pressure on Asian currencies. The yen/dollar exchange rate fell below the key resistance level of 160, with strategists noting that intervention risks are increasing—interventions in recent years have repeatedly occurred near this level.The surge in the US dollar reflects Walsh’s more hawkish position and the expectation among nine voting members for at least one rate hike before the end of the year. At the same time, the Reserve Bank of Australia adopted a wait-and-see approach at its rate decision this week, shifting the short-term trajectory of the AUD/USD while making it more difficult for Asian central banks to cut rates without triggering further currency depreciation.Market analysts point out that by keeping the door open for further rate hikes and raising inflation expectations, the Federal Reserve has disrupted short-term forecasts. It is expected that negative sentiment in the US stock market will put pressure on Asian markets, especially high-valuation tech stocks and AI infrastructure stocks that are highly sensitive to hyperscale data center spending.

According to Odaily, monitored by Lookonchain, the "10.11 whale" Garrett Jin sold all 184,100 HYPE yesterday at a price of $73.6, totaling $13.55 million. Today, he has repurchased 81,700 HYPE, worth $6 million.