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07:20
In a written reply in Parliament, Singapore's Deputy Prime Minister, Minister for Trade and Industry, and Chairman of the Monetary Authority of Singapore, Gan Kim Yong, stated that these SFOs manage family funds from various countries and regions, including Asia, Europe, and the Americas. In 2025, Singapore's broader asset management industry grew by 10.1%, with total assets under management reaching S$6.7 trillion. SFOs also grew in tandem, making a positive contribution to employment demand in asset management and auxiliary service sectors such as private banking, legal, and tax advisory.
07:18
Citadel's tactical trading fund also gained 11.1% and its equities fund advanced 14.2% last month, both marking their best month ever. The July gains followed Citadel's acquisition of the bulk of the public-stock portfolio from Situational Awareness, which was forced to unwind positions after steep losses from AI trades triggered margin calls.
07:16
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Overseas Chinese Association in Bangladesh (OCAB) have partnered to establish a business matchmaking platform. This initiative aims to attract Chinese investment into Bangladesh's Ready-Made Garment (RMG) sector, facilitate partnerships, promote the reopening of struggling factories, and attract investment into upstream industries. The partnership follows a meeting on August 4th, where Chinese representatives expressed interest but highlighted challenges due to a lack of accessible information about local business opportunities. BGMEA will now collect detailed factory information to facilitate targeted introductions for interested Chinese investors.
07:16
The company, which manufactures apparel for brands such as Nike, Victoria's Secret, and Lululemon, reported that its second-quarter earnings before interest and taxes (EBIT) increased to $54.6 million, up from $31 million in the same period last year. CEO Isaac Dabah noted that while tariff refunds contributed to the additional earnings, the company's investments in product innovation and manufacturing flexibility also drove performance growth. He added that the company plans to allocate a portion of the refunds towards strategic investments to support future development.
07:16
Longtime Bitcoin critic Peter Schiff argued in a post on X that the recent weakness in Bitcoin, which briefly dropped below $62,000 amid tech stock sell-offs and ETF outflows, is far from over. He expects the broader U.S. stock market, which he deems overpriced, to see a correction spread beyond technology companies, leading to greater selling pressure on speculative assets like Bitcoin. Bitcoin reached a record high of over $120,000 last October but has since lost more than half its value.
07:15
The exchange encourages users to trade responsibly and use lower leverage to protect their accounts from further risk.
07:15
The stablecoin issuer reported adjusted earnings of 18 cents per share, exceeding analysts' consensus of 16 cents, despite revenue of $701 million slightly missing forecasts. Circle's Arc blockchain network, set to launch its public mainnet on September 16, announced over 100 ecosystem and institutional builders, with founding validators including BlackRock, DTCC, ICE, Mastercard, Visa, and Standard Chartered. BlackRock plans to deploy its BUIDL tokenized U.S. Treasury fund on Arc, while DTCC is working on infrastructure to tokenize securities.
07:11
The Financial Conduct Authority (FCA) is changing its rules around information sharing tied to initial public offerings, aiming to make London a more attractive listing destination. These changes will align rules for analysts hired by companies during the listing process with New York's regulations.
07:10
Morgan Stanley pointed out in its latest China equity strategy report that the rebound logic for Hong Kong stocks in the third quarter is further strengthening, driven by improving corporate earnings expectations, the opening up of room for overseas capital inflows, and a more favorable global market environment. The bank recommends that investors re-allocate to Hong Kong stocks now, with a particular preference for the internet sector. In addition, Morgan Stanley's China economics team expects the USD/RMB exchange rate to appreciate to 6.72 and 6.75 by the end of Q3 2026 and year-end, respectively. Exchange rate stability is expected to boost overseas investors' willingness to allocate to Chinese assets.
07:05
Investors are pouring money into U.S. healthcare stocks, betting the sector will extend a rally after years of underperformance, driven by improving earnings, increased deal activity, and attractive valuations. Over the past three months, the S&P 500 healthcare index has risen 11.2%, reaching an all-time high and outperforming the S&P 500's 6% gain over the same period. In July, approximately 50 U.S.-listed healthcare funds attracted $2.44 billion in inflows, extending nearly $1.5 billion in inflows from June, and reversing three consecutive months of net outflows.
07:04
Bybit announced it will adjust the funding rate intervals for SSPCUSDT Perpetual Contracts starting Aug 5, 2026, 11:10 AM UTC. The exchange encourages users to trade responsibly and use lower leverage to protect their accounts from risk.
07:03
According to the Mortgage Bankers Association (MBA), the purchase index declined 3.6%, while the refinance index fell 1.9%. The average 30-year mortgage rate rose 5 basis points to 6.81%, its highest level in more than a year, weighing on homebuying and refinancing activity.
07:00
The White House released newly declassified memos revealing that the FBI launched the investigation on May 16, 2017, to determine if Trump was directed by or coordinated with Russia, or obstructed justice. This probe, approved by then-FBI General Counsel James Baker and Assistant Director William Priestap, led to the appointment of Special Counsel Robert Mueller, whose nearly two-year investigation found no collusion. The Oxferd Comma case was closed on April 9, 2019. Previously released FBI records indicated that agents had largely dismissed the notion of Trump being a Russian asset prior to this probe's opening.
06:59
An analyst from The Motley Fool predicts a future sell-off for Robinhood (HOOD) stock, even after it climbed over 45% from its 52-week low of $63 in March. The analysis points to Robinhood's revenue composition, which remains heavily reliant on volatile options, crypto, and prediction market trading. In Q2 2026, the company reported $1.3 billion in revenue (+32% YoY), with transaction-based revenue at $776 million. Crypto trading revenue, however, plummeted 38% to $100 million. Additionally, the stock's price-to-sales (P/S) ratio stands at an elevated 16.5, significantly above its long-term average of 11.9, suggesting potential downside.
06:58
Michael Burry在周三早些时候通过X平台(摘自其Substack帖子)表示,他仍认为市场可能接近一个主要顶部,并可能出现1987年式的下跌,但标普500指数创新高可能会吸引新资金进入市场。Burry因成功预测美国房地产市场崩盘而闻名,并被电影《大空头》所刻画。
06:57
Binance affiliates are suing the founders of Hong Kong-based crypto payments firm RedotPay for allegedly diverting hundreds of thousands of customers to a competing product in a “fraudulent scheme.”
06:54
Grant在BeInCrypto专家委员会上与Theo首席信息官Iggy Ioppe辩论时指出,受制裁国家正在悄悄积累比特币,就像伊朗曾使用黄金一样。他认为,宏观对冲资产的关键在于其在系统性压力上升时与其他主要资产的相关性下降,而非价格上涨。Grant表示,尽管比特币近期与纳斯达克股票市场关联紧密,但其与标普500指数的200日相关性已从2025年的高点回落。俄罗斯已于7月1日将比特币和稳定币支付合法化用于对外贸易,以规避西方银行制裁,欧盟也对此采取了措施,进一步表明比特币在规避制裁中的作用。Ioppe则认为,比特币今年未能通过短期对冲测试,但双方都认同其长期价值。目前比特币交易价格约为60,347美元,24小时上涨1.24%,市值为1.21万亿美元。

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