News · CafeF

Discovery of Nearly 5,000-Year-Old Shipwreck with 'Treasure' Under Seabed

Archaeologists have found a shipwreck believed to be the oldest in the world at a depth of 30 meters near Kekova island, off Turkey's southern coast. The 9.75-meter vessel sank an estimated 4,400 to 4,700 years ago; its wooden hull has decayed, but ceramic jars and stone anchors survive. Clay analysis shows the jars were made in workshops in the Jordan Valley, hundreds of miles away, and similar jars have been found near the Giza, Saqqara and Abusir pyramids, as well as at Troy and Crete. An unusual pottery vessel with nine different symbols and two holes may have been used to churn milk into cheese or butter, suggesting sailors may have carried live goats aboard. The excavation began in 2026, led by the Antalya Museum Directorate under the scientific supervision of Professor Hakan Öniz of Akdeniz University.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Phát hiện xác tàu đắm gần 5000 năm tuổi chứa "kho báu" dưới đáy biển

Read the original on CafeF ↗

Related news

  • 498 deep boreholes totaling 46,000 m: Vietnam finds a 'treasure' China twice offered to help extract, though China holds 12 times the reserves. What technology lies behind it?

    The Northwest Vietnam survey, running nearly eight years to 2024, mapped geology and minerals at 1:50,000 scale over 13,081 km² and drilled 498 boreholes totaling more than 46,000 m, with 90% intersecting ore bodies. It identified and assessed 110 deposits across 25 mineral types, notably including rare earths. According to a US Geological Survey report cited in the article, Vietnam holds about 3.5 million tonnes versus 44 million tonnes in China, and the Chinese group CREG twice expressed interest in cooperating on extraction and processing, in November 2023 and April 2024. China leads in extraction and processing technology, from AI vision that doubles productivity to in-situ leaching and multi-stage solvent extraction, though in-situ leaching carries pollution risks if chemicals leak.

    CafeF·
  • Chinese Ship Carrying Nearly 1,000 Tonnes of “Unusual Cargo” Quietly Moves at Sea, Barely Using Oil and Emitting No Exhaust

    The bulk carrier Mineral Europa, with a deadweight of about 210,000 DWT, is certified to carry nearly 1,000 tonnes of green ammonia to Australia after receiving fuel offshore at Zhoushan on October 13. It marks the first commercial-scale ship-to-ship green ammonia bunkering, coordinated by CEEC Hydrogen Energy, Belgium's CMB.TECH and Jiangsu Andefu Energy Technology, with fuel transferred from the Shenghang Yongle. The ammonia was produced at CEEC's Songyuan hydrogen park, some 2,000 km from Zhoushan, and trucked around 700 km before loading. The article notes ammonia's energy density is about 2.4 times lower than marine diesel, and current engines still need roughly 5% of their energy from diesel as a pilot fuel. A Norwegian report projects ammonia could supply about 25% of shipping energy demand by 2050, though experts say it is too early to treat it as a complete solution.

    CafeF·
  • Securities firms' data update on Oct. 15: First names reveal Q3 business results, with a profit surge of nearly 300%

    Three securities firms have been the first to report Q3 2026 results, showing a clear divergence. MB Securities (MBS) posted Q3 pre-tax profit of nearly 394 billion VND, down about 6% year on year, even as operating revenue rose 25% to about 1,453 billion VND, driven by FVTPL income up about 145%, while brokerage revenue fell 65% to about 128 billion VND. For the first nine months, MBS's pre-tax profit reached nearly 1,140 billion VND (up 11%), about 62% of its full-year plan of 1,850 billion VND. HVS, a smaller firm, saw Q3 revenue rise nearly 77% to over 5.16 billion VND and pre-tax profit jump 264% to over 2.1 billion VND, mainly from interest on held-to-maturity investments; nine-month pre-tax profit was over 5.2 billion VND, up 238%. BIS remained loss-making, with a Q3 pre-tax loss of about 2 billion VND, narrowed from about 7 billion VND a year earlier, and a nine-month pre-tax loss of about 2 billion VND.

    CafeF·▲ HCM▲ SSI▲ VCI▲ VIX
  • Midland Identifies New Gold-Bearing Boulders During the First Phase of Its 2026 Exploration Program on the Caniapisc Au Project

    Midland Exploration (TSX-V: MD) reported results from the first phase of its summer 2026 exploration program at the wholly owned Caniapisc Au project (315 exclusive exploration rights covering 159 square kilometres) in the Eeyou Istchee James Bay and Caniapiscau regions. The program identified several new gold-bearing boulders, with a maximum of 15.8 g/t Au; nine selected boulder grab samples exceeded 0.5 g/t Au, five of them above 1.0 g/t Au. The new boulders lie about 2.5 km northeast of the 2025 gold-bearing boulder area, while the Au-Zn-Ag-Mn signature continues in the south of the project. A total of 152 grab samples and 532 soil samples were collected, with B-horizon soil results and results from two later prospecting phases still pending.

    Yahoo Finance·
  • 19-Year-Old Skips College, Sells Hundreds of Orders a Day and Earns VND 21 Billion From One Product

    Mike Satterlee, who had just graduated from high school in the US, was selling hundreds of orders a day for CruiseCup's two-can insulated holder after an Instagram post in August 2025. He had 60 3D printers at his facility in New York and estimated it would take about 6 weeks to fill all orders. According to financial documents reviewed by CNBC Make It, CruiseCup generated about $808,000 in gross revenue in 2025 (over VND 21 billion) through its website and TikTok Shop. Before this, he ran Solefully, which he estimated brought in about $250,000 in 2024, and chose not to attend university to focus on the business. CruiseCup now operates 160 3D printers, and he keeps only about $500-1,500 a month because most profit is reinvested.

    CafeF·
  • Vietnam's Neighbor Is Stockpiling Gold at an Unprecedented Pace: Over 1,000 Tonnes Imported in 8 Months, Reserves Near 2,400 Tonnes

    The People's Bank of China (PBOC) bought about 23 tonnes of gold in September 2026, its largest monthly purchase in nearly 3 years and the 23rd consecutive month of reserve increases. In the first 8 months of 2026, China spent a record $158.8 billion to import over 1,000 tonnes of gold, far above $96.5 billion and 886 tonnes for all of 2025, even as world gold prices fell more than 8% in September to about $4,176 an ounce. According to analysts, the PBOC aims to reduce reliance on the US dollar and US Treasuries, as China's US Treasury holdings dropped to $618 billion in July, the lowest in 18 years. One estimate puts PBOC purchases at about 190 tonnes from January through August, including 110 tonnes not officially disclosed. The WGC says China held about 2,387 tonnes of gold as of August 2026, but demand could cool if China's property and stock markets recover.

    CafeF·▲ XAU/USD

Related markets

Currencies →Gold →

Latest news

  • Amazon (AMZN) Stock Costs $250 a Share. Here's Why I'd Still Buy It.

    The article argues that Amazon, trading at about $250 a share, is still worth buying for the author, who would buy it if he did not already own it. The main reason is that the stock looks appealingly valued: its forward P/E of about 24 is well below its five-year average of 39, while its price-to-sales ratio of 3.6 is slightly above the five-year average of 3. Amazon ranked fourth in the 2026 Kantar BrandZ Global Top 100, with a brand value of $1 trillion, and its shares have averaged annual gains of 22% over the past 15 years. The author stresses that a stock's absolute price means little on its own, so investors should compare it with earnings and sales and research each company in depth.

    Yahoo Finance·▲ AMZNAMZNvaluationearnings
  • Amazon Just Made Its AI Chips Easier to Use. Should Nvidia Investors Be Worried?

    Amazon announced TorchNeuron, a free open-source tool that lets developers run existing PyTorch code on its Trainium chips with minimal changes, with a public beta due on Oct. 20. This challenges a key part of Nvidia's moat, because switching away from CUDA typically carries large costs in time and labor. However, the tool only covers PyTorch work, custom CUDA code will not port easily, and the release is still in beta, with the ease-of-switching claims coming from Amazon itself. Google is also developing a similar tool, TorchTPU. The author sees it as a chink in Nvidia's narrative and does not expect a major near-term effect on order flow or pricing power, but says the market may no longer pay quite the same premium for Nvidia stock.

    Yahoo Finance·▲ AMZN▼ NVDANVDAAMZNsemiconductors
  • Cisco Systems (CSCO) Unveiled 102.4T AI Networking Platforms

    Cisco Systems unveiled new AI networking platforms built on Silicon One P200, G300 and G302 switching chips, with 51.2T and 102.4T systems. It also introduced 1.6T optical modules and integrated liquid cooling aimed at high-density AI data centers, and disclosed a collaboration with NVIDIA, TE Connectivity and Amphenol to co-develop a 400Gb/s per lane USFP optical module and open specification. The company has a market cap of US$423.4b. The article says the launch supports Cisco's position as an AI networking provider competing with Arista and Juniper, but the richer hardware mix adds to margin pressure that has already contributed to non-GAAP gross margin compression.

    Yahoo Finance·
  • J.P. Morgan Stays Top of Extel’s All-America Equities Research Table

    Extel's 55th annual All-America Research Team survey ranks J.P. Morgan first in the research team table with 47 published positions, followed by BofA Securities with 44 and Morgan Stanley with 43. UBS posted the largest gain in positions, reaching 42 and climbing to fourth place. In the analyst leaders table, Jefferies takes first place with 43 positions, while UBS leads Extel's weighted ranking of research teams ahead of J.P. Morgan and Evercore ISI. The results reflect the views of 4,451 portfolio managers and analysts at 1,608 institutions across 60 sectors, with 129,919 votes counted. The number of participating institutions fell from 1,705 in 2025, but more firms now sit in the highest commission bands, rising to 89 from 82.

    Yahoo Finance·brokeragesJPMorganMorgan Stanley
  • Visa, Mesh partner to enable crypto spending at 175M merchant locations

    Visa and crypto payments network Mesh have partnered so users can spend cryptocurrency and stablecoin balances directly from participating digital wallets at merchants on Visa's network, without transferring funds to a bank account or using a separate crypto card. Merchants receive payments through Visa's existing network without changing their checkout systems. The network covers more than 175 million merchant locations in over 200 countries and territories, and participating wallets and launch dates will be announced later. Mesh will handle funding and conversion between crypto, stablecoins and fiat, as well as onboarding and KYC requirements. The partnership follows Mesh's September integration with Bybit Pay and its $75 million raise in January at a $1 billion valuation.

    Cointelegraph·• BTC/USDTcryptostablecoinscard payments
  • Top 3 Founder Led Stocks To Watch In October 2026

    The article presents three founder-led stocks from a screen: monday.com, Palantir Technologies and Figure Technology Solutions. monday.com has revenue of about US$1.37b and a market cap of US$3.8b. Palantir earns US$3.21b from Government customers and US$2.95b from Commercial clients, with a market cap of US$447.04b. Figure Technology Solutions reports US$619 million of revenue and a market cap of US$6.1b. The article argues that founder ownership can align leadership with long-term shareholder interests, but each stock depends on key assumptions to watch, such as customer expansion, pricing power or the pace of blockchain adoption. The full screen surfaced 26 more businesses with similarly strong founder ownership.

    Yahoo Finance·Palantirmonday.comsoftware

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.