GFM ORIGINALS
Original Research
Independent reporting and analysis

Shein paid off $3.5 billion in old debts before its IPO.
Christy Ai, Senior Reporter at GFM · 20 min

Alex Karp: Who is flipping the AI switch for the country?
Kevin Guo · 20 min
TOP STORIES
Oil rises from two-month low as Hormuz shipping attacks offset Iran truce hopes - Reuters
US Treasury chief Bessent moved to military base after Iranian threats, NYT reports - Reuters
Iran-backed militant helped plot attack on UK's Fairford base from US jail, Justice Department says - Reuters
GE Vernova sellers have it all wrong — plus, why Fed rate hike odds are soaring
Israeli fire kills seven, including a father and son, in Gaza, medics say - Reuters
Technology & Capital
Web4 & RWARWA goes behind the scenes on Wall Street
Dr. Dora, Chief Editor of GFM's "Web4 xRWA" column · 20 min
If you hold a stock on the blockchain, who legally recognizes you as a shareholder?
Power shortages are becoming a hidden constraint on U.S. national security.
The Power Rankings of the AI Era: How the New Generation is Rewriting the World's Power Map
A chip's global passport
People & Companies
IPORobots are not yet ready, but the capital market has already begun pricing in their future.
Kevin Guo · 20 min
National valuation of a memory chip
The Real Cost of Huang Renxun and AI
The Coldest Winner on Wall Street
Carlos Domingo: Pulling RWA from the Crypto Narrative Back to the Financial System
The woman behind Musk: Mother, wife, and the underlying character of a tech empire
Two Disruptions by Tech Geeks
Investigations & Society
InvestigationsWho is the biggest winner in the football economy?
Kevin Guo · 15 min
If healthcare becomes a narrative project: The next crisis of trust is already on its way.
The Shared Lies of Chinese LVAD Companies
Who owns your medical records? Global Medical Data Sovereignty Map
Interview with Dr. Chen Jiarui: A Surgeon Decides to Rewrite the Underlying Rules of Global Healthcare - From a Personal Illness to an Institutional Experiment on Healthcare Sovereignty
U.S. Markets
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Brazil central bank chief says it will keep fighting inflation with tight policy
BRASILIA, Nov 10 (Reuters) - Brazil's central bank governor, Gabriel Galipolo, said on Tuesday that the bank would use tight monetary policy to keep inflation under control even if it causes strains i

Russia declares Moldovan diplomat undesirable in retaliatory move
Nov 10 (Reuters) - Russia's Foreign Ministry said on Tuesday it had declared a Moldovan diplomat at the country's Moscow embassy undesirable in retaliation for a similar Moldovan move undertaken last

Russia shoots down 92 drones over Leningrad region
Nov 11 (Reuters) - Russia shot down 92 drones early on Wednesday in an attack over the Leningrad region northwest of Moscow, Governor Aleksandr Drozdenko said on the Telegram messaging app. The regio

UK launches investigation into budget leak
LONDON, Nov 10 (Reuters) - Britain's Government Security Group has started an investigation into a potential leak of budget measures which may have moved financial markets, the Treasury Committee sa

South Africa's most decorated Olympian Smith to compete for the Netherlands
Nov 10 (Reuters) - South Africa's twice Olympic gold medallist Tatjana Smith is changing her allegiance to the Netherlands, the 29-year-old said on Tuesday, citing her Dutch heritage and greater oppor

Nigeria proposes regional bond market reforms to spur cross-border investments
LAGOS, Nov 10 (Reuters) - Nigeria is proposing a series of regional capital market reforms to make it easier for investors to trade bonds across West Africa and unlock long-term funding for infrastruc

Iraq to reopen Sheeb border crossing with Iran, temporarily close Mandali border
CAIRO, Nov 10 (Reuters) - Iraq will reopen the Sheeb border crossing with Iran on Tuesday morning after completing technical requirements and necessary procedures, the head of the country's Border Por
Iran Suspected in Fridge Hacks
Plus: Nvidia CEO investigation; how Binance hackers launder crypto; CISO moves Hello. The U.S. and France suspect Iran is responsible for a cyberattack targeting European supermarket refrigerators an

Manager wanted! National League Gateshead call for applications
Fancy yourself as a manager? Well, the new owners of National League side Gateshead are inviting applications to become the new first-team boss of the Tyneside club. American private investment comp
KULR Stock Price | KULR Technology Group Inc. Stock Quote (U.S.: NYSE American) | MarketWatch
KULR Technology Group Reports Q3 2026 Revenue Surge, Highlights Challenges Amid Losses (KULR) KULR Technology Group, Inc. engages in developing, manufacturing, and licensing next-generation carbon fi

In expansive baseball ops search, Angels gather wide range of candidates: Sources
LAS VEGAS -- The Los Angeles Angels are accelerating their search for a new head of baseball operations under incoming owner Stan Kroenke. And the search is an expansive one, to say the least. The An

Brazil judge suspends new meal voucher rules
BRASILIA, Nov 9 (Reuters) - A Brazilian judge suspended part of new meal voucher rules for companies in a local lobby group, including Pluxee (PLX.PA), opens new tab and Edenred's (EDEN.PA), opens new

Brazil Startup Exchange Partners With MSCI for Index Derivatives
Brazil's A5X SA is partnering with MSCI Inc. to launch derivatives of the index provider's benchmarks, as the startup exchange looks to begin operations next year in a turf currently dominated by B3 S

Austria's MM Group to sell majority stake in packaging business in $2.7 billion deal
Nov 9 (Reuters) - Austrian firm Mayr-Melnhof Karton (MMKV.VI), opens new tab said on Monday it would sell a 70% stake in its packaging business to US private equity firm KPS Capital Partners in a deal

Berkshire Tests Wider Yen Spreads in Latest Japan Bond Deal
Berkshire Hathaway Inc. is marketing its latest yen bond deal at wider levels than it offered in April, highlighting how investors are demanding more compensation to buy debt. The US conglomerate is

France to dodge threat of year-end recession, central bank says
PARIS, Nov 9 (Reuters) - France is on course to avoid a recession in the final quarter of the year with business executives expecting activity to accelerate in November, the central bank said on Monda

UK Must Back Startups or Face Economic Ruin, Ex-Adviser Says
The government needs to urgently prioritize backing fast-growing businesses to create growth, or the country will be "totally f -- -ed," according to the Treasury's former entrepreneurship adviser. A



