Iran foreign ministry spokesperson BAGHAEI said Iran insists on resolving Saudi Arabia–Yemen issues through dialogue and diplomacy and is willing to assist if either party requests help. He denied Iranian orchestration of Houthi attacks, saying the Houthi movement acts on its own interests and judgment. BAGHAEI said resolving the Yemen crisis requires respect for Yemen’s sovereignty and territorial integrity, an end to external interference and to maritime and air blockades. He added that the pa

BofA has launched an investment-grade bond offering, marketing up to four tranches with tenors from about 3 to 11 years, a person familiar said. The longest tranche is initially priced at roughly 120 bps over US Treasuries. The rare Friday deal makes BofA the third major Wall Street bank this week to tap the volatile bond market after Q3 results; several issuers have delayed high-grade supply as stronger-than-expected inflation prints and concerns about AI-driven trading have roiled US Treasury yields. BofA has raised $17bn year-to-date, the least among the six largest US banks, and last issued debt in April when it raised $10bn.

Xi Jinping, during a visit to Ulanqab, Inner Mongolia on Oct. 16, said the computing-power network is one of the state’s planned “six national networks” and that the computing-power industry is in an acceleration phase with broad prospects. He called for strict implementation of efficiency, green and safety standards, emphasised compute–power and compute–water coordination, and urged effective construction and operation of computing centres. Xi directed promotion of a green computing-power industry to support Digital China and new productive forces, and told high-tech zones to strengthen party leadership and improve public services and factor support to create a favourable environment for firms and talent.