Crypto

Bitcoin hit by rising oil and interest rates as buying slows, adding to headwinds

Bitcoin slid to around $83,000, its lowest level this month, amid a combination of surging oil prices, rising U.S. Treasury yields and broader weakness in risk assets. Brent climbed to $102 a barrel and WTI to $91. U.S. 10-year and 30-year yields hit 24-year highs. Analysts also pointed to weakening demand in spot and derivatives markets, with open interest down about 10 percent since Sept. 22.

Finance

Korea stock outlook: KOSPI eyes U.S. inflation, Micron earnings after holiday

South Korean stocks are expected to seek direction this week as markets digest external factors that built up over the Chuseok holiday. While worries over trade frictions eased somewhat after a U.S.-China summit, investors are watching U.S. inflation data, Micron Technology earnings, oil prices and long-term interest rates. The KOSPI ended the last session before the break up 0.90 percent at 7,080.92, holding above 7,000.