API: U.S. heating oil stocks up 380,000 barrels in week to Oct. 23, prior week showed a 169,000-barrel draw.

HSBC Holdings (HSBA.L) Q3 profit rose 32% YoY as higher rates lifted net interest income and market volatility attracted new wealth-management clients.

The UNCTAD- and Qatari government-hosted 9th World Investment Forum ran Oct. 25–27 in Doha. China's minister-level international trade negotiator and MOFCOM vice minister Li Chenggang told a high-level session on reshaping global value chains that the world recovery is weak, cross-border investment is sluggish, and GVCs are becoming fragmented and politicized, marginalizing developing countries amid a lack of coordinated investment policy. Li said China will pursue multilateralism, push its Global Development and Global Governance initiatives, promote value-chain cooperation and openness to boost resilience, and actively support digital and green upgrading and developing-country integration into GVCs.