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8/24
03:42
Six months since the war between the United States and Israel against Iran began, gasoline prices have risen in at least 145 countries worldwide, with Myanmar seeing the largest increase at 56%, and the United States experiencing a 39% rise.
Al Jazeera, citing GlobalPetrolPrices data, reported that gasoline prices have risen in at least 145 countries worldwide since the United States and Israel went to war with Iran six months ago. Among them, Myanmar saw the largest increase in gasoline prices, rising by 56% from $0.77 per liter on February 23 to $1.20 on August 17. Bhutan, Cuba, the UAE, and Nigeria experienced increases of 55%, 51%, 50%, and 48% respectively. In the United States, according to AAA Fuel Prices, the national average price for regular gasoline rose by 39% from $2.94 per gallon before the war to $4.09 currently.
03:31
Goldman Sachs said European natural gas prices may need to rise above 100 euros ($117) per megawatt-hour in December to rebuild sufficient winter inventories.
03:15
Ukraine's allies meet in Kyiv, Zelensky calls for more air defense systems, says Patriot missile deliveries have "significantly decreased"
Ukrainian President Volodymyr Zelenskyy stated that the delivery of Patriot interceptor missiles has halved since 2023. He noted that Ukraine received 675 missiles in 2023, while only 364 are expected in 2025, with a further decrease to 264 projected for 2026, despite an increase in Russian missile attacks. Zelenskyy is seeking at least 300 missiles from allies to prepare for the upcoming winter. The meeting, co-chaired by the leaders of the UK, France, and Germany, aimed to discuss air defense gaps and increase pressure on Russia.
03:13
CATL launches e-commerce platform for direct sales of energy storage products to small buyers, offering orders as small as three boxes
China's battery giant Contemporary Amperex Technology Limited (CATL) officially launched its e-commerce platform on Friday, enabling direct sales to smaller energy storage system makers. This move comes as competition with domestic peers intensifies, with the platform offering orders as small as three boxes of its energy storage products.
03:10
Iran's oil shipments to Asia have almost dried up ahead of US action, with freight rates soaring to multi-year highs.
03:04
Ferrari's first electric vehicle, Luce, debuts in South Korea, featuring an OLED cockpit developed in collaboration with Samsung Display.
03:00
Two Japanese bond auctions next week may challenge US Treasury Secretary Scott Bessent’s efforts to subdue longer-maturity Treasury yields.
02:56
Barclays Report: Historically, energy stocks have been the only sector to close with gains against the trend after the Federal Reserve's rate hike cycle began, while the S&P 500 index saw a median decline of 3.9%.
Barclays strategists Venu Krishna, Riddhiman Dass, and others pointed out in their latest report that in the past five rate hike cycles, energy stocks were the only sector to record positive returns within one quarter after the first rate hike, with a median gain of 0.3%. Meanwhile, financial stocks performed the worst, with a median decline of 8.4%, and small-cap stocks fell even deeper by 7.2%. The report also found that at the style factor level, value stocks outperformed growth stocks, and large-cap stocks significantly led small-cap stocks.
02:54
CoinDesk Analysis: ETH/BTC Ratio Forms Bullish 'Golden Cross,' Suggesting Ether Could Extend Outperformance Against Bitcoin
02:49
Lookonchain reports Ceffu deposited $136.54M USDC to Binance, then withdrew $117.89M BTC and $145.92M ETH
02:43
Pakistan's Chief of Army Staff Munir visits Iran, aiming to mediate the US-Iran conflict.
Pakistan's Chief of Army Staff, Asim Munir, arrived in Tehran on Monday for talks with senior Iranian officials. This marks his third visit to Iran this year, aimed at advancing mediation efforts to end the conflict between the United States and Iran. The visit comes as the 60-day window set by the Islamabad Memorandum of Understanding, signed by the US and Iran, has passed, and as the US prepares to impose a new round of sanctions on Iran. Iran's Foreign Ministry stated that the visit will help "strengthen regional peace and security."
02:39
Tetra Pak Tycoons Slash US Stocks by Over $1 Billion in Q2 From $17 Billion Portfolio
02:32
Vietnam's Parliament Approves $3.3 Billion Additional Investment for China Rail Link
The Vietnamese parliament approved raising the total investment in a railway linking the country to China by just over 86 trillion dong ($3.3 billion). This additional funding is required as delays in land clearance have pushed the project behind schedule.
02:30
Alibaba raised approximately HKD 80 billion through a share placement, with Hong Kong stocks falling over 8%; Nomura maintained a Buy rating, stating that controllable dilution and high bond market costs were the main reasons
Alibaba announced on August 23 its intention to place approximately 710 million new ordinary shares, aiming to raise about HKD 80 billion (approximately USD 10.2 billion) at a placement price representing an 8.4% discount to its previous Hong Kong closing price. Affected by this news, Alibaba's Hong Kong stocks came under pressure today (24th), falling over 8%. Nomura analysts estimate that this share placement will dilute existing shareholders' equity by approximately 3.7%, deeming the dilution "manageable" and not altering their positive investment thesis for the company. The report points out that the global AI capital expenditure boom has driven up bond issuance costs, making debt financing less attractive, which is a key reason for Alibaba's choice of equity financing. Nomura believes that this share placement will help alleviate market concerns about the company's long-term financing uncertainty and emphasizes that all proceeds will be invested in full-stack AI capability building.
02:29
Central Tokyo Used Condo Prices Fall 1.7% in July to ¥181.95M ($1.15M), Marking Third Straight Monthly Drop and Signaling Correction
02:20
TRONTRON Network account total officially exceeds 400 million
02:15
JPMorgan India Unit to Argue Alleged Regulatory Breach Was Technical, Not Manipulative
A JPMorgan Chase & Co. unit facing allegations of non-compliance from India’s market regulator is likely to contend that any issue was technical in nature rather than manipulative, according to people familiar with the matter.
02:14
China probes use of formaldehyde to preserve cabbages, a practice prohibited in the country
Chinese authorities have launched an investigation into reports of formaldehyde, a known carcinogen, being used to preserve cabbages for human consumption. Officials in Hebei province verified footage showing individuals dipping cabbages in a solution before loading them for transport. The use of formaldehyde for food preservation is strictly prohibited in China, the world's largest producer and exporter of cabbages. Police have taken legal action against those involved, and officials are conducting spot checks nationwide to prevent panic and restore confidence.
02:05
European Central Bank (ECB) official Cipollone: European corporate competitiveness should be enhanced by removing internal restrictions in the single market
In an interview, Piero Cipollone, a member of the European Central Bank (ECB) Executive Board, stated that Europe should fully leverage its vast single market advantage by reducing barriers to the free flow of goods and services. This would allow businesses to expand and achieve economies of scale, thereby lowering production costs and enhancing the competitiveness of European companies. He pointed out that Europe is currently not fully utilizing this advantage, which hinders business expansion and efficiency improvements, making it difficult for European firms to compete with other global giants. Cipollone also mentioned that the European Central Bank (ECB)'s mission is to maintain price stability, which is crucial for business prosperity. He noted that under supply-side shocks, interest rate hikes to stabilize inflation might curb economic growth, thus monetary policy actions need to be calibrated and should anchor inflation expectations. He also emphasized that fiscal policy should be temporary and targeted, and called for reducing reliance on fossil fuels through energy transition to protect households and businesses from external shocks.
02:04
Korea Eximbank to Provide $218M Financing for LS Cable's US Subsea Cable Plant
The Export-Import Bank of Korea announced Monday it will provide 300 billion won ($218 million) in facility and operating financing for LS Cable & System's subsea cable plant under construction in Chesapeake, Virginia. The plant is expected to become the largest subsea cable production facility in the US, supporting Korean companies tapping North America's growing power infrastructure demand.
02:02
Banks and regulators from Abu Dhabi, Bhutan, and Malta have joined a pilot program to test quantum-resistant crypto transfers and post-quantum wallets.
02:02
Upbit Designates Sandbox (SAND) as an Investment Warning Digital Asset
01:59
EcoPro BM begins upgrading Hungary plant with $29 million investment to produce high-nickel cathodes for German EV maker
EcoPro BM announced a 40 billion won ($29 million) investment to convert its nickel-cobalt-aluminum (NCA) line into a hybrid NCA-nickel-cobalt-manganese (NCM) line at its Debrecen facility. This move signals an aggressive push into Europe’s battery supply chain.
01:54
UK Stock Futures Steady as Tech Under Pressure
01:53
Brokerages cut Kakao target prices after its plan to split into Kakao AI and Kakao X, citing valuation and AI profitability concerns.
Five out of 11 securities firms, including Hana Securities, Kiwoom Securities, Samsung Securities, Meritz Securities and Daol Investment & Securities, lowered their target prices for Kakao on Monday.
01:50
OKX to increase spot and futures trading fees for VIP 7 and 8 clients, effective September 9, 2026
OKX announced it will adjust spot and futures trading fees for VIP 7 and 8 clients on September 9, 2026, between 15:00–17:00 (UTC+8). The updated spot fee schedule applies only to Accredited Investors, while fees for non-Accredited Investors, SGD pairs, and stablecoin pairs remain unchanged. Both spot and futures maker/taker fees for VIP 7 and 8 clients will see increases.
01:47
The Shanghai Composite Index is down 1.01% today, currently at 3,865.85.
01:44
Ninety One executive Siow says Abu Dhabi Ports minority shareholders “need not be concerned”
Investors need not be concerned about minority stakes after the L'Imad wealth fund proposed to acquire Abu Dhabi Ports, said Alan Siow, co-head of emerging market corporate debt at Ninety One, in an interview with Bloomberg. He also discussed whether the delisting would set a precedent for other companies in the UAE, following investor concerns that it might signal a shift in regional investment strategies.
01:31
Hanmi Pharmaceutical signs record $2.3 billion obesity drug licensing deal with Genentech, including $190 million upfront payment
01:30
Pakistan opens crypto licensing portal, setting Sept. 5 deadline for existing virtual asset providers to apply for an NOC or cease operations

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