South Korea’s deputy prime minister and finance minister Lee Hyeong-il and Bank of Korea Governor Shin met with Federal Reserve chair Kevin Warsh and the U.S. Treasury deputy secretary on Oct. 16 in Bangkok during the IMF/WBG annual meetings in the first four-way 2+2 talks between the two countries. Participants discussed recent economic developments and bilateral economic and financial cooperation. A South Korean finance ministry official said the meeting was intended to strengthen policy coord

Shanghai Cyberspace Administration and Shanghai Data Bureau issued measures to facilitate high‑level opening and ease cross‑border data flows, focusing on upgrading cross‑border data‑flow infrastructure. Initiatives include advancing the national blockchain network (Shanghai hub) and strengthening distributed digital identity, privacy‑preserving computing and cross‑chain services; backing construction of cross‑border data‑service facilities and piloting rule‑recognition-based cross‑border data service models with targeted applications in finance and automotive sectors. The plan designates Lingang New Area, Hongqiao international CBD and Pudong as international data cooperation hubs and explicitly supports international data center construction to underpin the compute‑services industry and related cross‑border digital offerings.

标普 500消费品板块上涨2.7%，为7月28日以来最大单日涨幅。