Catamist News

Indonesian Billionaire Prajogo Pangestu Sees US$2.7 Billion Fortune Evaporate Amid Market Rout

Indonesian billionaire Prajogo Pangestu's net worth dramatically fell by US$2.7 billion on Monday, October 27, 2025, due to a widespread market rout impacting his Barito Group companies. This significant financial setback was largely driven by investor concerns over proposed changes to free-float calculations for Indonesian securities by MSCI Inc., alongside continued capital outflows and profit-taking.

4 min read

Trump Concludes Japan Leg of Asia Tour, Forges Stronger Ties with First Female PM Takaichi

President Donald Trump concluded his Japan tour, meeting with Emperor Naruhito and newly appointed, first female Prime Minister Sanae Takaichi, with both leaders enthusiastically declaring a "new golden age" for the U.S.-Japan alliance. This pivotal visit solidified bilateral ties through a crucial framework agreement for critical minerals supply chains and a trade deal featuring reduced U.S. tariffs and significant Japanese investments in American industries.

Astronomers Witness First Multi-Temperature Plasma Eruption from Young Sun-Like Star, Revealing Early Solar System Dynamics

Astronomers have captured an unprecedented view of a young, sun-like star, EK Draconis, unleashing a powerful, multi-temperature plasma eruption, offering crucial insights into the tumultuous early years of our own Sun. This cosmic spectacle reveals that our early Sun was significantly more active and volatile, potentially stripping away or dramatically reshaping the nascent atmospheres of early planets like Earth, Mars, and Venus.

Japan Welcomes First Fully Yen-Convertible Stablecoin, JPYC, Marking Digital Finance Milestone

Japan's financial landscape has been revolutionized with the official launch of JPYC, the world's first stablecoin fully convertible to the Yen, on Monday, October 27, 2025. This groundbreaking digital currency, meticulously designed for a 1:1 peg with the Yen and backed by bank deposits and Japanese government bonds, aims to integrate blockchain technology into the nation's traditionally cash-dominated system and accelerate financial innovation.

US and AMD Forge $1 Billion Partnership for Next-Gen AI Supercomputers

The U.S. Department of Energy has announced a groundbreaking $1 billion partnership with AMD to construct two powerful supercomputers, Lux and Discovery, aimed at accelerating breakthroughs in critical scientific challenges like nuclear fusion and cancer treatments. These advanced machines, with Lux expected online in six months and offering three times the AI capacity of current top supercomputers, will be hosted at Oak Ridge National Laboratory to bolster America's leadership in high-performance computing and AI.

Category 5 Hurricane Melissa Barrels Towards Jamaica, Haiti, and Cuba, Threatening Catastrophic Devastation

Hurricane Melissa has escalated into an "extraordinary" Category 5 storm with sustained winds of 175 mph, posing an unprecedented and catastrophic threat of flash flooding, landslides, and storm surges to Jamaica, Haiti, and Cuba. This slow-moving behemoth is anticipated to be the strongest hurricane to make landfall in Jamaica since 1851, with initial impacts already causing fatalities in Haiti and the Dominican Republic as evacuations are underway in eastern Cuba.

Rapid Support Forces Seize El Fasher, Sparking Dire Humanitarian Crisis in Darfur

The Rapid Support Forces (RSF) have seized El Fasher, the last major city under Sudanese army control in Darfur, marking a critical turning point in the ongoing civil war after an 18-month siege. This strategic victory, confirmed on October 27, 2025, has plunged the region into a catastrophic humanitarian crisis with widespread famine and reports of civilian massacres, prompting urgent UN calls for safe passage for hundreds of thousands of trapped residents.

NNSA Furloughs 1,400 Employees Amidst Prolonged Government Shutdown, Sparking National Security Concerns

The National Nuclear Security Administration (NNSA) has initiated its first-ever shutdown-related furloughs, sending home 1,400 employees as the U.S.

Qualcomm Challenges Nvidia with New AI Processors, Igniting Data Center Competition

Qualcomm has launched its new AI200 and AI250 processors, directly challenging Nvidia's dominance in the data center market with a strategic focus on efficient AI inference workloads. This bold move, which sent Qualcomm's stock soaring, signifies a major expansion beyond its traditional mobile chip business into the lucrative AI hardware landscape.

German Business Sentiment Rebounds in October, Signaling Hope for Economic Recovery

German business confidence unexpectedly rose in October to 88.4, driven by renewed optimism for future economic growth, particularly in the services sector. This uptick signals a more hopeful outlook among companies despite persistent economic challenges.

Hidden Waves Unveiled: Scientists Pinpoint Key to Sun's Superheated Corona

Scientists have finally observed elusive torsional Alfvén waves twisting through the Sun's corona using the Inouye Solar Telescope, solving the long-standing mystery of its extreme heat. This breakthrough confirms an 80-year-old theory and was published in Nature Astronomy.

Hidden 5-Mile Wide Asteroid Crater Beneath Atlantic Confirmed by Stunning 3D Data

A 5-mile wide asteroid crater, Nadir Crater, was confirmed deep under the Atlantic off West Africa. Formed 66 million years ago, it aligns with the dinosaur extinction event, sparking interest in its impact.

4 min read

Indonesian Billionaire Prajogo Pangestu Sees US$2.7 Billion Fortune Evaporate Amid Market Rout

Trump Concludes Japan Leg of Asia Tour, Forges Stronger Ties with First Female PM Takaichi

Astronomers Witness First Multi-Temperature Plasma Eruption from Young Sun-Like Star, Revealing Early Solar System Dynamics

Japan Welcomes First Fully Yen-Convertible Stablecoin, JPYC, Marking Digital Finance Milestone

US and AMD Forge $1 Billion Partnership for Next-Gen AI Supercomputers

Category 5 Hurricane Melissa Barrels Towards Jamaica, Haiti, and Cuba, Threatening Catastrophic Devastation

Rapid Support Forces Seize El Fasher, Sparking Dire Humanitarian Crisis in Darfur

NNSA Furloughs 1,400 Employees Amidst Prolonged Government Shutdown, Sparking National Security Concerns

Qualcomm Challenges Nvidia with New AI Processors, Igniting Data Center Competition

German Business Sentiment Rebounds in October, Signaling Hope for Economic Recovery

Hidden Waves Unveiled: Scientists Pinpoint Key to Sun's Superheated Corona

Hidden 5-Mile Wide Asteroid Crater Beneath Atlantic Confirmed by Stunning 3D Data

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Indonesian Billionaire Prajogo Pangestu Sees US$2.7 Billion Fortune Evaporate Amid Market Rout

Trump Concludes Japan Leg of Asia Tour, Forges Stronger Ties with First Female PM Takaichi

Astronomers Witness First Multi-Temperature Plasma Eruption from Young Sun-Like Star, Revealing Early Solar System Dynamics

Japan Welcomes First Fully Yen-Convertible Stablecoin, JPYC, Marking Digital Finance Milestone

US and AMD Forge $1 Billion Partnership for Next-Gen AI Supercomputers

Category 5 Hurricane Melissa Barrels Towards Jamaica, Haiti, and Cuba, Threatening Catastrophic Devastation

Rapid Support Forces Seize El Fasher, Sparking Dire Humanitarian Crisis in Darfur

NNSA Furloughs 1,400 Employees Amidst Prolonged Government Shutdown, Sparking National Security Concerns

Qualcomm Challenges Nvidia with New AI Processors, Igniting Data Center Competition

German Business Sentiment Rebounds in October, Signaling Hope for Economic Recovery

Hidden Waves Unveiled: Scientists Pinpoint Key to Sun's Superheated Corona

Hidden 5-Mile Wide Asteroid Crater Beneath Atlantic Confirmed by Stunning 3D Data

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