BRUSSELS (Reuters) -The European Commission is scrutinising safeguards for minors on Snapchat, YouTube, the Apple App Store and Google Play under its Digital Services Act, it said on Friday. (Reporting by Charlotte Van Campenhout, Editing by Benoit Van Overstraeten)
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CHINA'S TAIWAN AFFAIRS OFFICE: LAI'S WORDS, ACTIONS ONLY DISRUPT PEACE, STABILITY IN THE TAIWAN STRAIT – CCTV
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IMF: REACHES STAFF-LEVEL AGREEMENT ON THE FIFTH REVIEW OF THE EXTENDED CREDIT FACILITY WITH GHANA
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VIDEO SHOWS: HIGHLIGHTS FROM ATP SHANGHAI MASTERS QUARTER-FINAL ACTION – ARTHUR RINDERKNECH BEATS FELIX AUGER-ALIASSIME COMPLETE SCRIPT TO FOLLOW SHOWS: SHANGHAI, CHINA (OCTOBER 10, 2025) (ATP MEDIA/ IMG – See restrictions) SHOTLIST TO FOLLOW STORY: TO FOLLOW
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BRUSSELS (Reuters) -The European Commission is scrutinising safeguards for minors on Snapchat, YouTube, the Apple App Store and Google Play under its Digital Services Act, it said on Friday. (Reporting by Charlotte Van Campenhout, Editing by Benoit Van Overstraeten)
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BRUSSELS (Reuters) -The European Commission is scrutinising safeguards for minors on Snapchat, YouTube, the Apple App Store and Google Play under its Digital Services Act, it said on Friday. (Reporting by Charlotte Van Campenhout, Editing by Benoit Van Overstraeten)
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Oct 10 (Reuters) – Goldenmax International Group Ltd : * SAYS IT PLANS TO INVEST 616 MILLION YUAN ($86.49 million) TO SET UP UNIT AS PARENT COMPANY FOR COPPER CLAD LAMINATE FIRM Source text Further company coverage: ($1 = 7.1220 Chinese yuan renminbi) (Reporting by Beijing Newsroom)
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VIDEO SHOWS: HIGHLIGHTS FROM ATP SHANGHAI MASTERS QUARTER-FINAL ACTION – ARTHUR RINDERKNECH BEATS FELIX AUGER-ALIASSIME RESENDING WITH COMPLETE SCRIPT SHOWS: SHANGHAI, CHINA (OCTOBER 10, 2025) (ATP MEDIA/ IMG – See restrictions) ARTHUR RINDERKNECH (PALE BLUE SHIRT) V FELIX AUGER-ALIASSIME (WHITE SHIRT) FIRST SET 1. FELIX AUGER-ALIASSIME HITS FOREHAND WINNER 2. ARTHUR RINDERKNECH HITS BACKHAND WINNER 3. RINDERKNECH TAKES SET WITH FOREHAND PUTAWAY 4. RINDERKNECH CELEBRATING / HIS COUSIN VALENTIN VACHEROT WATCHING FROM PLAYERS’ BOX SECOND SET 5. BACKHAND WINNER BY AUGER-ALIASSIME 6. BACKHAND VOLLEY WINNER BY RINDERKNECH / AUGER-ALIASSIME REACTS 7. FOREHAND VOLLEY WINNER BY RINDERKNECH / CROWD CHEERING 8. RINDERKNECH SEALS MATCH WITH AN ACE AND CELEBRATING 9. PLAYERS SHAKE HANDS AT NET 10. RINDERNECH’S COUSIN VACHEROT CHEERING 11. RINDERKNECH ASKING CROWD TO CHEER MORE / RINDERKNECH’S PLAYERS BOX CHEERING 12. RINDERKNECH CELEBRATING STORY: Frenchman Arthur Rinderknech produced a commanding performance to upset Canadian 12th seed Felix Auger-Aliassime 6-3 6-4 in the quarter-finals of the Shanghai Masters on Friday (October 10), joining his cousin Valentin Vacherot in the semi final lineup. Rinderknech's win came a day after Vacherot, ranked 204th in the world, shocked Danish 10th seed Holger Rune to become the second-lowest ranked player ever to reach an ATP Masters 1000 semi-final. Their fairytale run has set the stage for a potential family showdown, though four-times Shanghai champion Novak Djokovic, looms large in Vacherot's path. "First of all, I follow my cousin. He's going through the emotions, and I'm trying to battle to follow and do as good as him," Rinderknech said, as Vacherot cheered him from the stands. "It's been incredible since the beginning of the week, the whole family following from home. We are in our little world of our own… "It's been incredible, it's been unreal. It's been a good performance from myself — happy to get the win, two sets so I can be not too tired for tomorrow." The 30-year-old Rinderknech also made history as the oldest first-time ATP Masters 1000 semi-finalist since German Jan-Lennard Struff achieved the feat in Madrid in 2023. Ranked 37th, Rinderknech is set to break into the top 40 for the first time when the updated ATP rankings are released on Monday. Rinderknech will next face either 2021 U.S. Open champion Daniil Medvedev or Australian seventh seed Alex de Minaur, who play in the quarters later on Friday. (Production: Bhagya Ayyavoo)
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By Anna Szymanski LONDON (Reuters) -By Anna Szymanski, ROI Editor-in-Charge, and the ROI team Hello Morning Bid readers! Warnings about a stock market bubble grew louder this week, with the Bank of England, IMF and JPMorgan boss Jamie Dimon all expressing concern about the potential economic fallout if Wall Street were to suddenly stop defying gravity. Meanwhile, another epic rally – the runup in gold above $4,000 per ounce – stalled on Thursday, likely reflecting profit-taking following the yellow metal’s more than 50% rise this year. ROI editor-at-large Mike Dolan this week took a look at the twin rallies in equities and gold, noting that investors may be eager to chase artificial intelligence stocks higher, but they are also hedging fears of a prolonged inflation burst due to lax monetary and fiscal policy in many advanced economies. If you want to understand why governments across the developed world have turned so dovish, ROI markets columnist Jamie McGeever argues you might take a look at a chart that IMF Managing Director Kristalina Georgieva recently spotlighted about the decline in economic mobility. Meanwhile, the U.S. government shutdown has entered its second week. One of the biggest concerns for markets has been the delay of important economic data releases, like monthly jobs figures. But Jamie McGeever argues that investors may not need official data. If they want to know how the economy is doing, they can just look at the stock market. In energy markets, oil prices rose early in the week on news that the latest OPEC+ supply increase was smaller than expected. However, ROI Energy Columnist Ron Bousso warns that – regardless of the size – the continued oil output increases are eroding OPEC+’s spare production capacity, a vital cushion that has helped to mitigate volatility in recent years. Oil prices then fell on Thursday, as a ceasefire deal was agreed to by Israel and the Palestinian militant group Hamas. Geopolitical conflict remains a serious risk to energy markets, however. Ron Bousso points out that Russia's heavy bombardment of Ukraine's natural gas infrastructure ahead of winter could have a knock-on impact on Europe's energy market. On the renewables side, ROI Energy Transition Columnist Gavin Maguire highlights the extent of China’s clean energy dominance and explains why Texas's main power generation system is on track for a rare contraction in fossil fuel-fired generation this year. And, finally, over in the metals world, ROI Metals Columnist Andy Home discusses the impact of Indonesia’s crackdown on illegal tin mining and then explores how the Democratic Republic of Congo is seeking to tame the notoriously volatile cobalt market. As we head into the weekend, check out the ROI team’s recommendations for what you should read, listen to, and watch to stay informed and ready for the week ahead. I’d love to hear from you, so please reach out to me at This weekend, we're reading… ANDY HOME, ROI Metals Columnist: My most interesting read this week is a Rand research paper on deep-sea mining, an area receiving a lot of interest as the world searches for more battery metals to power the energy transition. There are undoubtedly rich deposits below the oceans, but the problem is, who's going to process them into metal? RON BOUSSO, ROI Energy Columnist: I recommend the IEA's outlook for renewables, published this week. The headline growth forecast anticipates enormous expansion of renewables over the next five years, particularly in solar power. However, the report also reveals the challenges the sector faces due to U.S. President Donald Trump's hostility towards renewables and the impact of rising costs on the offshore wind sector. GAVIN MAGUIRE, ROI Global Energy Transition Columnist: This recent Reuters analysis explains why rising tungsten prices are causing a fresh headache for U.S. oil drillers. U.S. energy firms are already feeling the sting of inflation as their overall extraction costs rise, and now Chinese export controls on this ultra-hard metal, which is used for drill bits, is making things worse, We're listening to… MIKE DOLAN, ROI Financial Markets Editor-at-Large: Brookings’s latest weekly podcast looks at why U.S. tariffs and retaliatory measures by other countries are putting pressure on the dollar’s place at the heart of world monetary system. ANNA SZYMANSKI, ROI Editor-in-Charge: A gaping hole in the national finances is at the heart of France’s political crisis. Can a tax on the super-rich help? In the latest episode of Reuters Econ World, Carmel Crimmins talks to Paris-based senior correspondent Leigh Thomas and Francesco Canepa, senior European economics correspondent, about the pros and cons of taxing wealth. And we're watching… JAMIE MCGEEVER, ROI Markets Columnist: In this WealthWise vodcast, Bob Elliott, CEO and CIO of Unlimited Funds, gives his views on the sustainability of the current market rally and how to diversify. Want to receive the Morning Bid in your inbox every weekday morning? Sign up for the newsletter here. You can find ROI on the Reuters website, and you can follow us on LinkedIn and X. Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias. (By Anna Szymanski.)
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(The views expressed here are those of the author, a columnist for Reuters.) By Clyde Russell LONDON, Oct 10 (Reuters) – Is China's stockpiling of crude oil bearish or bullish for prices? Unfortunately there is no clear cut answer to the question, as much depends on details that are simply not available, meaning the market has to rely on very limited data, which in turn drives speculation and uncertainty. China does not disclose the volumes of crude it places into strategic and commercial reserves, and it also does not state what its ultimate target volume is for inventories. This means the market is forced to rely on unnamed sources within the Chinese oil sector for a drip feed of information, which, while useful, is hardly definitive on what the world's largest buyer of crude is actually doing. There are a wide variety of estimates of how much crude China has stored so far this year, but most analysts cite a figure of at least 500,000 barrels per day (bpd). That does fit in with calculations of China's surplus crude, a number that is arrived at by adding together the volume from imports and domestic output, and then subtracting the amount processed by refiners. On that basis China's surplus crude was 990,000 bpd for the first eight months of the year, but it is worth noting that not all of this surplus is likely to have been added to storage as the official data does not capture some volumes processed in small refineries or petrochemical plants. But if the assumption is that China has added at least 500,000 bpd to storage so far this year, the question becomes how has this affected the market? Global benchmark Brent futures have been quite stable since April, trading in a range around $65 a barrel, apart from a brief spike higher during the conflict between Israel and Iran. It is likely that prices would have been weaker if China's import demand had been consistently 500,000 bpd weaker than it has been. In effect, China's stockpiling has allowed the eight members of OPEC+ to unwind their voluntary cuts of about 2.5 million bpd without crashing prices. The question then becomes how much more oil China is likely to store in coming years before it reaches its target. OUTCOMES VARY There is a wide range of estimates as to how much oil China already has in both strategic and commercial storages, with the low end being 800 million barrels and the high end being around 1.4 billion. There is also considerable speculation as to how much more Chinese authorities want to stockpile, with the high end reaching around two billion barrels. And finally there is no certainty as to when they want to complete this process, but the consensus is by 2028 at the latest. This means that depending on where you actually think their reserves currently are, and where you think they want to end up, there is a wide range of possible outcomes. If China wants to add another 1 billion barrels to storages over a three-year period, this works out to around 913,000 bpd, which would be bullish for oil prices. But if you assume it already has around 1.4 billion barrels in tanks and wants to add only 600 million more, then that amounts to around 550,000 bpd over the next three years. This is a level around current storage flows, so it does provide support to oil prices, but does not necessarily drive them higher. The other factor to note is that China has a track record of being flexible in building inventories, buying more crude when it deems prices to be reasonable and pulling back when it believes prices have risen too high. A recent example of this may be seen in its September imports, which dropped to 10.83 million bpd from 11.66 million bpd in August, according to data compiled by LSEG Oil Research. September was the weakest month since February and the drop in imports came after the price spike in June, when Brent reached as high $81.40 a barrel as Israel and Iran clashed. September-arriving cargoes would largely have been arranged during this period of higher prices, and it is likely Chinese refiners decided to ease back on their imports and await a return to lower prices. In effect, China's stockpiling becomes a stabilising factor for oil prices. China will buy more crude if prices stay relatively low and stable, thus providing a floor to the market, but will pull back on imports if prices move higher, thus providing a ceiling. Enjoying this column? Check out Reuters Open Interest (ROI), your essential new source for global financial commentary. ROI delivers thought-provoking, data-driven analysis of everything from swap rates to soybeans. Markets are moving faster than ever. ROI can help you keep up. Follow ROI on LinkedIn and X. The views expressed here are those of the author, a columnist for Reuters. (Editing by Clarence Fernandez)
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