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8/26
01:13
Elon Musk转发The Boring Company推文称，克拉克县批准新增19个Vegas Loop站点，总数达123个
01:13
LG CNS partners with Naver Cloud to enter liquid cooling market, deploying a direct-to-chip liquid cooling system at Goyang Samsong Data Center.
LG CNS on Wednesday said it has officially entered the liquid cooling business by partnering with Naver Cloud to deploy a direct-to-chip liquid cooling system at the Samsong data center in Goyang, Gyeonggi Province. LG CNS took over the operation of the data center in April this year and signed a co-location agreement with Naver Cloud. The 80-megawatt data center is owned by an asset management company, with LG CNS responsible for its operation, and Naver Cloud leasing part of the space, whose cooling infrastructure will support Naver Cloud's operations.
01:08
SET President Asadej Kongsiri Says Firms Show 'Lot of Interest' in Raising Capital
Stock Exchange of Thailand (SET) President Asadej Kongsiri stated that the bourse is observing significant interest from companies looking to raise capital. He made the remarks from the sidelines of 'Thailand Focus 2026'.
01:08
SoftBank Mulls Up to $20 Billion Bond Sale for OpenAI Financing
01:02
Chinese AI start-up DeepSeek nears pre-IPO funding round at US$74 billion valuation, eyes 2027 Shanghai Star Market debut
DeepSeek, a Chinese artificial intelligence start-up, is nearing the completion of a new funding round that values the company at about 500 billion yuan (US$74 billion) before investment. The company was seeking to raise about 50 billion yuan in this round, which was expected to close before the end of August. DeepSeek is moving closer to a potential listing on Shanghai’s Star Market in 2027.
00:55
Kalshi has raised $1.12 billion through a private equity offering since April, according to its latest SEC filing.
The filing indicates that the derivatives exchange has secured $1.12 billion in capital since April. This development follows earlier reports this month that Kalshi was seeking to raise $750 million in new capital at a $40 billion valuation.
00:53
Economists question Indonesia's ambitious 6% growth target for 2027, citing 'too much too quickly' and deficit concerns
President Prabowo Subianto aims to lift economic growth to 6% in 2027 while keeping the fiscal deficit at 2.4% of GDP. However, economists like Ashok Bhundia of the Institute of International Finance believe these targets are "overly ambitious on timelines" and may require an "unanticipated commodity boom." Capital Economics' Gareth Leather called 6% growth a "huge kind of leap," while Yanuar Rizky of Bright Institute deemed budget assumptions "completely unrealistic." The plan comes as MSCI extended its review until November on whether to downgrade Indonesia to a frontier market, amid concerns over fiscal spending and central bank independence.
00:42
Elon Musk's SpaceX plans to launch millions of satellites to build an orbital data center to support AI, but faces physical and financial challenges.
Elon Musk's SpaceX faces immense challenges with its plan to launch millions of satellites into orbit to build an orbital data center supporting AI applications. The Financial Times reports that this ambitious bet faces severe tests, both physically and financially.
00:37
AiTEM, the AI formulation innovation platform developed by AiTEM Therapeutics, has completed its localized deployment at Hengrui Medicine and signed a strategic cooperation agreement with Zhejiang Hisun Pharmaceutical.
AiTEM, AIT Therapeutics' AI-powered formulation innovation platform, completed its on-premise deployment at Hengrui Pharmaceuticals on August 3rd, to be used for the development of formulations for poorly soluble drugs. Furthermore, after the reporting period, the company also signed a strategic cooperation agreement with Zhejiang Hisun Pharmaceutical Co., Ltd., further expanding its AI platform's on-premise deployment collaborations with pharmaceutical companies.
00:37
Genscript Biotech's OpenCGT project has reached delivery technology cooperation agreements with multiple companies, with potential total transaction value exceeding 6 billion yuan.
Genscript ProBio's OpenCGT project, launched in 2025, aims to open the capabilities of its AiLNP platform to external companies. Currently, the project has established technical collaborations with companies such as RYZM Genomics, JingTong Life, Grandjoy Holdings Industry Platform, BioThunder AG, and Aicogen Therapeutics, covering fields including cell therapy, gene therapy, fibrosis cell programming, and in vivo immunotherapy, with a potential total transaction value exceeding RMB 6 billion. Among these, BioThunder AG has exercised its option and signed a licensing agreement, and Genscript ProBio has received an exclusive licensing fee of RMB 15 million.
00:37
Jetron Therapeutics' MTS-128 drug licensed to Boulevard Bio in the US, has received a $20 million upfront payment, with potential milestone payments up to $1.6 billion.
Jetall Pharmaceuticals has exclusively licensed the global development, manufacturing, and commercialization rights of MTS-128, its proprietary trispecific TCE drug developed on the NanoForge platform, to Boulevard Bio, a biotechnology company established with the support of US pharmaceutical investment firm Deerfield. The company has received an upfront payment of $20 million and is eligible to receive up to $1.6 billion in development, regulatory, and commercial milestone payments, as well as tiered sales royalties. This transaction sets a new record for the largest single overseas out-licensing deal for a preclinical TCE project by a Chinese pharmaceutical company.
00:37
Institutional Investors Back Blackstone and KKR Funds for Wealthy Individuals
The move by private equity’s traditional backers could threaten the traditional 10-year fund model.
00:34
Chinese jewelry brand Laopu Gold emphasizes bright outlook and global plans despite first-half earnings missing forecasts
Laopu Gold downplayed headwinds on Wednesday after its first-half earnings missed estimates, stressing its continued growth through a rough patch for the industry.
00:27
Singapore's Great Eastern Invests in Granite Asia's Inaugural Private Credit Fund
The move marks the latest instance of an insurance company allocating capital to private credit.
00:21
FT: Private banks in bidding war for Italy's new wealthy, fueled by private equity
00:21
Norway, Finland and South Korea defence companies establish German offices to tap into Berlin's increased defence spending
00:20
Financial Times: Four Russian bankers profited millions from EU sanctions
The Financial Times reported that four traders at Gazprombank's Luxembourg branch made millions of dollars from EU sanctions, as Moscow faced Western backlash over the war in Ukraine.
00:09
Goldman Sachs Analysts: Tech Stocks Under Pressure from Triple Whammy of Credit Markets, Supply Chains, and Policy; Philadelphia Semiconductor Index Forward P/E Compressed from 22x to 15x
Rich Privorotsky, head of the Goldman Sachs One-Delta trading desk, noted that the recent sell-off in tech stocks (such as NVIDIA's seven consecutive trading days of decline) is not the end of the AI narrative, but rather a restructuring of market pricing logic. He believes that concerns in the credit market regarding the sustainability of AI infrastructure investment (widening CDS spreads for NVIDIA and Broadcom), hidden worries about inventory accumulation in the semiconductor supply chain, and power bottlenecks and policy resistance faced by data center construction, collectively constitute the current pressure. Privorotsky emphasized that the 24-month forward P/E ratio of the Philadelphia Semiconductor Index has compressed from 21-22x to approximately 15x, and the core question has shifted from "what can AI do" to "who will pay for its operation." He expects AI valuations to undergo a phased compression, followed by a renewed market pursuit as earnings forecasts roll into fiscal years 2027-2028.
8/25
23:56
Chinese Steelmakers Face Profit Squeeze Through End of Year
The pressure on Chinese steelmakers is likely to persist through the end of the year, driven by elevated raw material costs compounding weakness in demand.
23:53
Instagram Chief Adam Mosseri Admits Few Teens Used 'Take a Break' Safety Feature Before Default in Meta Trial
Instagram chief Adam Mosseri admitted in a landmark trial against Meta that only 1-2% of teenagers used the 'Take a Break' safety feature before it was turned on by default in September 2024. Mosseri testified on Tuesday as Meta faces accusations from 29 US states that it designed its platforms to be addictive to young people, driving mental health risks. The states are seeking approximately $200 billion in damages.
23:50
Japan's Finance Minister calls for increased investment from Australia, citing Australia's indispensable role as an energy and mineral source
Japanese Finance Minister Satsuki Katayama emphasized the importance of Australia-Japan ties amid rising geopolitical tensions, stating that Japan seeks to attract financial services firms and various investments from Australia. Speaking at the Nikkei Asia Forum Sydney, Katayama highlighted Japanese reforms over the past five years that have seen over 50 overseas financial institutions, including from Australia, enter Japan. She expressed hope that these efforts would deepen economic and financial cooperation and contribute to shared prosperity.
23:43
Crypto investment firm RockawayX acquires crypto hedge fund Relayer Capital to expand US operations and add long/short strategies
RockawayX announced it is rebranding Relayer Capital as the RockawayX Liquid Opportunities Fund, which will focus on identifying "undervalued liquid tokens and crypto-related equities." Relayer founder Austin Barack will join RockawayX as the fund's Chief Investment Officer (CIO). RockawayX currently manages approximately $2 billion in assets and plans to raise $150 million for the new fund. Relayer's liquid strategy has generated a net return of approximately 70% year-to-date, outperforming an equally weighted combination of Bitcoin, Ethereum, and Solana by 86% as of August 21.
23:36
Bloomberg Analysis: China takes a tough stance against US threats of sanctions on Iran, offering an economic lifeline to Iran.
Bloomberg analysis points out that China, as Iran’s largest oil buyer, has provided an economic lifeline to Tehran. The analysis suggests that Chinese leader Xi Jinping seems to be in no hurry to help Donald Trump end a conflict that diverts American resources from Asia.
23:27
Israeli soldiers prevent MK Ofer Cassif from entering besieged Palestinian family home in West Bank
The house is located in the village of Qusra in the West Bank, which has been under siege by local settlers for 17 days. MK Cassif finally arrived and expressed his support.
23:22
HSBC warns: Geopolitical conflicts and extreme weather double shock, global grain supply and demand gap to be largest since 2006/07, grain prices have surged 30%
HSBC's latest report indicates that, influenced by the Middle East conflict, the escalation of the Russia-Ukraine war, and the strengthening El Niño phenomenon, a global grain supply-demand deficit is projected for the 2026/27 season, marking the first such deficit since 2020/21, and it is expected to be the largest since 2006/07. As of July, grain prices have risen by 22% year-on-year, with preliminary data for August showing a further increase to 30%; cocoa prices have surged by 50% in recent months.

The latest forecast from the U.S. National Oceanic and Atmospheric Administration (NOAA) shows a more than 90% probability of a "super strong" El Niño occurring in the autumn and winter of 2026, potentially setting an extreme event record since 1950. JPMorgan Chase previously warned that global food inflation is expected to accelerate from 2.8% in the first half of 2026 to 5% in the first half of 2027. Furthermore, intense attacks on Black Sea ports have resulted in Ukraine's August grain shipments being only 20% of its potential export capacity, causing Chicago wheat futures prices to soar to a two-year high.
23:21
Goldman Sachs brings forward Bank of Japan (BOJ) rate hike expectations to September, previously January 2027
Goldman Sachs Japan economist Tomohiro Ota noted in an August 25 research report that the Bank of Japan (BOJ) is now expected to raise interest rates by 25 basis points in September, increasing the uncollateralized overnight call rate target from 1% to 1.25%. Subsequent rate hikes are expected in January and July 2027, with the policy rate ultimately reaching 1.75%. The core of this adjustment lies in the Japanese yen exchange rate approaching a sensitive range and medium-to-long-term inflation expectations nearing 2%, with exchange rate stability replacing wage data as the most urgent variable.
23:11
U.S. insurance industry rocked by $21 billion "backroom deal" scandal; Guggenheim co-founder Walter faces FBI and SEC investigations.
Delaware Life and Clear Spring Life, two insurance companies owned by Mark Walter, co-founder and CEO of Guggenheim Partners, admitted in June this year to misclassifying up to $21 billion in investments as "unaffiliated investments." These funds were actually invested in companies linked to Walter and his business empire. This action violated strict insurance regulatory limits on affiliated investments, as Delaware Life had previously claimed for years that its affiliated investments accounted for only 3%, a figure that surged to 42% after an internal review. Federal prosecutors in New York and the U.S. Securities and Exchange Commission (SEC) have launched investigations, with federal agents seizing mobile phones and laptops from Walter and his company's president last September. Affected by this, Walter has begun selling most of his stake in the Los Angeles Lakers and his shares in Premier League club Chelsea FC. Last week, Guggenheim reported a 38% year-on-year plunge in second-quarter revenue, and the price of its related loans plummeted to 72 cents on the dollar this Monday. The Guggenheim Strategic Opportunities Fund's stock price fell to its lowest point since the global financial crisis. On August 16, short-selling firm Hunterbrook Media published a report alleging that another giant insurer, Sammons Financial, also engaged in similar concealment of affiliated investments, causing its publicly traded bonds to fall sharply.
23:04
OKX to Support KITE Token Migration to New Ethereum (ERC-20) Contract, Suspending Deposits and Withdrawals from August 26 UTC 2:00
The migration is scheduled to take place between August 26 UTC 2:00 and August 29 UTC 6:00. KITE trading will not be affected, but deposits to the old contract address will no longer be supported after the migration.
23:03
Upbit Launches Ethereum (ETH) Trading Event with a Total Prize Pool of 1 BTC
22:49
Citi raises corn, wheat, soybean price targets, expects agricultural products to enter a price hike cycle in the next six months.
In their latest report published on August 25, the team led by Citi's Chief Analyst Arkady Gevorkyan maintained a bullish stance on grains and oilseeds, and comprehensively raised price targets for corn, wheat, and soybeans. The report points out that multiple supply risks, including the continuous strengthening of Super El Niño, escalating disruptions in Black Sea shipping, expanding biofuel demand, and high fertilizer and energy costs, are converging to tighten the global agricultural supply-demand balance. It is anticipated that food inflation pressure will sharply increase in the next 6 to 12 months.

The report emphasizes that data from the U.S. National Oceanic and Atmospheric Administration (NOAA) shows the probability of a strong El Niño event has exceeded 90%, with a 69% chance of surpassing the intensity of all El Niño events since 1950 during the October-December period, potentially becoming one of the strongest El Niño events in modern climate history. Furthermore, the escalation of attacks on Black Sea ports and grain terminals due to the Russia-Ukraine conflict could delay or displace 5% to 9% of global wheat exports and 2% to 4% of corn exports. High fertilizer and energy costs are also squeezing yields, while the intensive implementation of global biofuel policies provides structural support for corn and soybean demand.

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