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8/28
00:15
Chinese Carmakers' Europe Market Share Exceeds 11% Last Month, Fueled by Plug-in Hybrid Demand
Chinese automakers' share of new-car sales in Europe topped 11% last month, as consumers continue to snap up more affordable plug-in hybrids.
00:09
Lotus Technology's H1 deliveries surged 39% to 3,904 vehicles, with revenue reaching $268 million and a net loss of $151 million.
Lotus Technology announced its 2026 interim report on August 27, with revenue increasing by 23% year-on-year to $268 million, and gross margin rising from 8% to 10%. Net loss narrowed by 52% year-on-year, but excluding a one-time license fee refund, operating loss still reached $195 million. The first hybrid vehicle, For Me, was the main source of this growth, with deliveries in the Chinese market increasing by 60%. The company plans to increase annual sales to 30,000 units by 2030, achieve a gross margin of over 20%, and reduce the sales, general, and administrative (SG&A) expense ratio to below 25% to achieve sustained profitability.
8/27
23:54
Japan's two-year government bond auction on Friday showed weaker demand amid speculation of central bank tightening.
23:48
Gold Miners Are Having a Better Month Than Chips Did in Years
23:47
Mexico Raises $1.77 Billion in First Samurai Bond Sale in Two Years
Mexico returned to the Samurai bond market on Friday, raising ¥282.8 billion ($1.77 billion) as borrowers seek to lock in funding before Japanese interest rates potentially climb further.
23:19
South Korea's NPS posts record 27.22% investment return in H1, with assets reaching $1.35 trillion
The National Pension Service (NPS) announced Friday that its investment return for the first half of the year reached a record 27.22%, driven by a sharp rally in domestic stocks. This return significantly surpasses the 18.82% recorded for all of 2025, which itself was the highest annual return since the fund's establishment in 1988. As of end-June, the fund's assets stood at 1,866 trillion won ($1.35 trillion), up from 1,458 trillion won at the end of last year.
23:13
A federal judge ruled late Thursday that the Trump administration's blacklisting of AI company Anthropic earlier this year was illegal
U.S. District Judge Rita F. Lin of the Northern District of California stated in her decision that the government illegally retaliated against Anthropic, deeming it a supply-chain risk for "constitutionally protected expressive activities," violating the company's First Amendment rights.
23:11
U.S. President Donald Trump: Iran Is a Failing Nation!
23:00
USDG (Global Dollar) saw a trading volume of $6.84 million in the past hour (16 times the 7-day average for the same period), currently trading at $0.9999.
23:00
ENA (Ethena) fell 10.06% in one hour, now trading at $0.169.
22:54
The Donald Trump administration is expected to convene a meeting with U.S. refiners and fuel retailers next week, pressuring them to lower prices to ease consumer cost burdens stemming from the Iran conflict.
According to Reuters on August 27, citing sources, this move is the White House's most direct intervention in gasoline prices to date, aiming to alleviate the impact of high oil prices on voters' cost of living by bringing mid-to-downstream companies in the industry chain directly to the negotiating table before the midterm elections. Previously, the Donald Trump administration's pressure remained at indirect levels, such as instructing the Department of Justice to investigate oil companies that did not lower prices in sync, and calling for price reductions by naming them on social media.
22:54
China's ChiNext Index turned green after rising more than 1% in early trading, with cybersecurity and hashrate hardware sectors collectively surging; Hong Kong's Hang Seng Index and Hang Seng Tech Index fluctuated higher, with most tech stocks rising.
China's A-share market fluctuated in early trading on August 28, with the ChiNext Index rising over 1.3% at one point before turning negative. Concept stocks such as cybersecurity, hashrate hardware, and AI office collectively surged, with Kylinsec hitting a 20cm daily limit and Hongbo Co. reaching its daily limit. The Hong Kong stock market opened lower and then rose, with the Hang Seng Index and Hang Seng Tech Index turning positive. Most tech stocks rose, and CPO concept stocks surged, with Zhongji Innolight up 5%.
22:52
Lookonchain: Matrixport-linked Whale Deposits 10M USDC, Opens 20x Long on 7,000 ETH ($17.44M)
Lookonchain reports that a Matrixport-linked whale, known for previously turning a $92.5 million loss into a $27.9 million profit, has created a new wallet. The whale deposited 10 million USDC and opened a 20x leveraged long position on 7,000 ETH, valued at approximately $17.44 million.
22:38
XRP Treasury company Evernorth's S-4 registration statement has been approved by the US Securities and Exchange Commission, paving the way for its merger with SPAC company Armada and listing on Nasdaq.
Evernorth aims to provide regulated tools for public market investors seeking XRP exposure, plans to actively deploy capital into XRP-based infrastructure, and increase XRP holdings per share through treasury strategies. Asheesh Birla, founder and CEO of the company, stated plans to enter the public market as blockchain utility continues to grow. The SPAC merger is expected to close by the end of the third quarter or early fourth quarter of this year, subject to shareholder approval. Evernorth's investors include Ripple, Arrington Capital, SBI Group, Pantera Capital, Kraken, and GSR, among others. If the merger is completed, the combined company is expected to trade under the ticker "XRPN" on Nasdaq.
22:37
Upbit to Hold a Trading Fee Reduction Event for the BTC and USDT Markets Starting at 12:00 a.m. on August 29
22:30
Bloomberg: India Large-Cap Stocks May Be Poised for a Comeback
The Nifty index has lagged gauges of mid- and small-cap shares so far this year.
22:28
UBS: Gold's upward logic has shifted from "interest rate trade" to "dollar depreciation trade," with medium-to-long-term upside risks rising but 2026 target price lowered.
UBS noted in its precious metals research report on August 27 that gold has seen a strong rebound of 17% so far in August, with its driving logic fundamentally shifting from the traditional "interest rate trade" to the "dollar depreciation trade" (i.e., the fiscal credit framework). The bank maintains its bullish outlook on gold prices and believes that the upside risks to its medium- to long-term forecasts are increasing. However, UBS lowered its year-end gold price target for 2026 from $5,000/ounce to $4,675/ounce (a 6% reduction), but kept its forecasts for 2027 and beyond unchanged, with an upside scenario target of up to $6,500/ounce. UBS stated that the hawkish stance of the Federal Reserve is the main near-term downside risk, but any resulting pullback should be viewed as an opportunity to add positions rather than a trend reversal.
22:28
US federal judge Roy Altman faces formal complaint over alleged anti-Palestinian bias and pro-Israel advocacy
Florida lawyer Katherine Giannamore filed the complaint with the Eleventh Circuit Court, accusing District Judge Roy Altman of eroding public confidence in the judiciary's integrity and impartiality. The complaint alleges Altman used judicial resources to promote Israel, including making media appearances from his chambers and utilizing law clerks during business hours. Altman, appointed by former President Donald Trump in 2019, is a staunch supporter of Israel and has been promoting a self-published book defending the US ally. He has made remarks such as calling the keffiyeh a "terrorism scarf" and stating there is "no distinction" between anti-Semitism and anti-Zionism. The complaint also highlights his advocacy for a World Jewish Congress travel program that takes judges to Israel, with Altman claiming to have taken 10% of the federal judiciary on such trips.
22:10
PHP/USD: Philippine Peso Falls Past 62 Per Dollar on Elevated Oil Prices
The Philippine peso weakened past 62 per dollar on Friday, breaching a level some analysts had flagged as potentially prompting authorities to step in to support the currency.
22:08
South Korean biotech AbTis wins US patent challenge from Anjinmoto
South Korean biotechnology company AbTis announced that the US Patent Trial and Appeal Board has upheld its US patent covering the company’s exclusive AbClick platform. The review was initiated by Anjinmoto, which asserted that the patent failed to meet US requirements for written description, enablement and definiteness.
22:02
Chinese battery giant CATL has invested over $2.5 billion in non-battery sectors like humanoid robots and AI since June last year, seeking new growth drivers.
China's Contemporary Ampere Technology Limited (CATL) has announced at least seven equity deals totaling over 17 billion yuan (US$2.5 billion) in non-battery industries since June last year, according to analysts. These investments span sectors including humanoid robots, state-owned hydropower stations, and artificial intelligence, as the company diversifies beyond its core electric vehicle (EV) battery business.
21:58
Judge blocks Pentagon blacklist of Anthropic as supply chain risk
21:56
SK Hynix officially recognized the newly formed union but clarified that it has no right to participate in ongoing wage negotiations.
SK Hynix has officially recognized the newly established union representing production and office workers, the SK Hynix General Union, but has made it clear that the union has no right to participate in the chipmaker's ongoing wage negotiations. According to industry sources on Friday, the company sent a letter on Wednesday confirming the union's legitimacy. The union, established earlier this month, has approximately 3,470 members, accounting for about 10% of SK Hynix's total workforce.
21:55
Japan's Hybrid Bond Issuance Rebounds
The rebound is driven by yield-hungry investors and borrowers looking to fund acquisitions and repayments while avoiding equity dilution.
21:55
Chinese companies are rushing into the 3D-printed drone interceptor export sector, driven by demand from global conflicts.
21:55
Upbit Adds Support for EURC Trading (KRW, BTC, and USDT Markets)
21:50
Barclays to expand private banking in India, targeting the richest 1%
Barclays Plc is seeking deeper ties with India’s billionaire founders as it looks to expand in the country’s fast-growing and highly competitive private banking market, where global rivals are also stepping up.
21:49
RMB Exchange Rate Remains Calm Amidst US Sanction Threats Over Iran Issue
The RMB exchange rate was almost unaffected this week, despite continuous sanction threats from the United States due to China's relationship with Iran, which has strengthened some strategists' bullish confidence in the RMB.
21:46
Chad accuses Sudanese army of deadly airstrike, killing 12
An airstrike at a fuel market near Chad's border with Sudan on Thursday killed 12 people and injured seven, Chadian officials said. Chad accused the Sudanese army of carrying out the attack and has deployed about 100 armored vehicles and signal jamming vehicles in the area. Sudan expressed surprise and denied the accusations, saying its forces were fulfilling their constitutional duties while respecting the sovereignty of neighboring countries. The U.S. Embassy in Khartoum also condemned the Sudanese army for launching the attack.
21:41
The Shanghai Composite Index rose 1.73% today, now at 3,956.57.

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