According to the Financial Times, Blackstone says ANTHROPIC is expected to receive a "high" junk rating, differing from prior guidance.

China's October manufacturing PMI fell 0.8pt to 49.3, the non-manufacturing business activity index declined 0.5pt to 49.7 and the composite output PMI dropped 1.0pt to 49.7, indicating a month-on-month cooling in activity. The manufacturing production index fell 1.9pt to 49.8 and new orders fell 1.1pt to 49.4, with both supply and demand showing slower momentum. The NBS cited demand pulled forward ahead of the Golden Week holiday and a more complex international environment as pressures on the sector. Stronger production and new orders (≥53.0) were recorded in railway/ship/aircraft/aerospace equipment and computer/communication/electronics; textiles, non-metallic mineral products and non-ferrous metal smelting/rolling registered production and new orders below the 50 threshold.

China Coast Guard spokesman Jiang Lue said on Oct. 31 the Tiger‑Lion ship flotilla conducted routine law‑enforcement patrols in waters east of Taiwan. He said the flotilla has stepped up control in the area since October to safeguard navigation and operations and protect the lawful rights and safety of Chinese citizens, and that the coast guard will continue enforcement patrols in its jurisdiction to defend national territorial sovereignty and maritime rights.