U.S. Treasury: misflagged vessels lack valid protection or insurance and could expose countries where they operate to losses of tens of billions of dollars.

China Academy of Information and Communications Technology and 20 organizations including Huawei, Alibaba, Tencent and Xiaomi jointly released a Self-Regulatory Convention on agent development, calling for construction of interoperable agent infrastructure. Planned technical and standards work covers agent registration and resolution, capability description and discovery, intent understanding and translation, network routing and connectivity, resource scheduling and metering, and protocol compatibility and mutual recognition. The initiative aims to lower cross-domain discovery and connection costs to support inter-agent collaboration and accelerate agent deployment across industries. It emphasizes serving the real economy by developing low-barrier agent development and deployment tools, co-developing agents for real operational scenarios that create tangible value, embedding agents in existing production systems and business processes to create benchmark applications, and reducing deployment costs to boost sectoral quality and efficiency.

S&P Global US services PMI (final, Oct) 56.1; consensus 57.9; prior 57.9.