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Brent crude holds near five-month high after Houthi strikes on Saudi infrastructure
Commodities · October 20, 2026

Brent crude holds near five-month high after Houthi strikes on Saudi infrastructure

Brent crude changed hands at $110.10 on Tuesday morning, just under Monday's $110.70 five-month high, as Houthi strikes on Saudi infrastructure and record tanker freight rates kept a fat risk premium in the price. China's September data added another layer: refiners drew inventories at more than 500,000 barrels a day even as apparent demand slumped.

Elice IPO debut crashes up to 33% as KOSPI tumbles 3.2%
Stocks · October 20, 2026

Elice IPO debut crashes up to 33% as KOSPI tumbles 3.2%

Elice Group plunged as much as 33% on its Kosdaq trading debut — the worst opening day for a sizable Korean IPO — as the Kosdaq's biggest listing of 2026 turned into the poster child for a souring AI-infrastructure trade. The Kospi fell 3.2% as chip heavyweights sagged under heavy foreign selling.