South Korea's foreign exchange authorities sold a net $1.745 billion in currency market intervention transactions in the third quarter, more than double the amount sold in the second quarter, central bank data showed on Wednesday. It was the fourth consecutive quarter authorities sold dollars to curb the won's decline against the dollar. The won was down about 3.7% during the three-month period. Learn More

Nvidia is scrambling to meet strong demand for its H200 artificial intelligence chips from Chinese technology companies and has approached contract manufacturer Taiwan Semiconductor Manufacturing Co to ramp up production, sources said. Chinese technology companies have placed orders for more than 2 million H200 chips for 2026, while Nvidia currently holds just 700,000 units in stock, two of the people said. Learn More

Oil prices were slightly lower on Wednesday, and headed for a fall of more than 15% in 2025, as expectations of oversupply increased in a year marked by wars, higher tariffs, increased OPEC+ output and sanctions on Russia, Iran and Venezuela. Brent crude futures were down over 17% - the most substantial annual percentage decline since 2020 - and were on track for a third straight year of losses, their longest-ever losing streak. U.S. West Texas Intermediate crude was headed