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8/25
03:05
Al Jazeera opinion: Iran conflict is bringing cyberwarfare into critical infrastructure, citing recent attacks in UK and US
An opinion piece published by Al Jazeera highlights that the ongoing Iran conflict is expanding the scope of cyberwarfare to critical infrastructure. The author points to recent incidents, including a cyberattack that reportedly forced a British power plant offline for four days and a series of attacks on water and wastewater systems across at least 12 US states. While the US government has not publicly accused Iran, reports suggest hacker groups linked to the Islamic Revolutionary Guard Corps (IRGC) are involved. The article warns that these incidents demonstrate critical vulnerabilities that governments and businesses worldwide need to urgently address, as cyberthreats are shifting from data theft to controlling physical systems.
03:00
STX (Stacks) recorded a trading volume of $1.94 million in the past hour (24.8 times its 7-day average for the same period), currently trading at $0.2816.
03:00
Analysts say China's milk tea industry growth is slowing, financial investors' strategies shift to full equity acquisitions
Analysts point out that affected by the bubble tea craze and fierce market competition in recent years, the growth forecast for China's bubble tea industry has declined from double digits in previous years to mid-to-high single digits. In this context, financial investors are shifting their strategies from early-stage investments and IPO subscriptions to full equity acquisitions, in response to the trend of slowing industry growth.
02:57
Franklin Templeton and HashKey partner to launch tokenized Franklin OnChain US Government Liquidity Fund on HashKey's Earn channel in Asia
02:52
HDFC Securities CEO expects India's forex swap deposit scheme to raise an additional $12 billion
HDFC Securities CEO Dhiraj Relli called India's foreign currency non-resident (FCNR(B)) deposit scheme an "unprecedented success" and projected it would raise an additional $12 billion, citing strong historical support from the Indian diaspora.
02:42
Analysis claims US Treasury Secretary Scott Bessent may be orchestrating a US Treasury short squeeze, aiming to push 10-year yields to 4.3% before the midterm elections.
Fox Business reporter Charlie Gasparino, citing informed Wall Street executives, stated that U.S. Treasury Secretary Scott Bessent is attempting to artificially trigger a massive short squeeze by utilizing CTA short positions, which are near historical extremes, through methods such as Treasury buybacks and increased issuance of short-term bonds. Data from Goldman Sachs shows that CTA trend-following funds' bond short positions have reached multi-year highs, and if prices rise by two standard deviations, the scale of short covering could hit a new historical record. This move aims to push the 10-year U.S. Treasury yield from its current level to around 4.3% before the midterm elections, providing political breathing room for the Donald Trump administration.
02:42
Nomura Economist Park Jeong-woo Says Korea's Stock Market May Be Shedding "Korea Discount" But Rerating Is Premature
Nomura's senior economist for Korea and Taiwan, Park Jeong-woo, stated in a recent interview that while Korea's stock market may be starting to move beyond its traditional discount, the Kospi's sharp rally has not yet translated into a sustained market rerating.
02:34
Infrastructure Stocks Rally on Defense Push, AI Hedging
02:29
Robinhood Chain-based Cash Cat Jumps Over 50% in a Day; Other Memecoins Gain Up to 130% in a Week
The broader crypto rally has extended to dog and cat-themed memecoins, with several smaller animal-themed tokens seeing gains between 50% and 130% over the past week.
02:26
Intel officially showcased its next-generation server processor, Diamond Rapids, at the Hot Chips 2026 conference. It will feature up to 256 P-cores and a new Fan-out Fabric architecture, targeting enterprise-grade AI Agent infrastructure.
Intel officially showcased its next-generation server processor, Diamond Rapids, at Hot Chips 2026. It will feature up to 256 P-cores and a new Fan-out Fabric architecture, targeting enterprise AI Agent infrastructure. The chip will be built on the Intel 18A-P process, supporting up to 1.6TB/s memory bandwidth and 128 PCIe Gen 6 lanes, with a core count increase of over 50% compared to the previous-generation Xeon 6. Intel CEO Chen Liwu hinted that the subsequent product roadmap might be accelerated given the continuous increase in CPU demand from AI Agent workloads. Intel is also collaborating with NVIDIA on a custom basis, with a customized x86 SKU featuring an NVLink interface already in development, to address the increasingly fierce competition from AMD and Arm.
02:24
HSBC Buys At Least $3 Billion Indian Government Bonds Since July
HSBC Holdings Plc has purchased at least $3 billion of Indian government bonds since July, deploying a large pool of funds garnered under a special diaspora dollar deposit program.
02:13
Indian Shadow Lender Cholamandalam Plans to Sell Country's Largest Perpetual Bonds by a Non-Bank, Aiming to Raise Up to $209 Million
02:10
Japan's Only High-Speed Trader Dharmacapital Relocates to Singapore, Leaving Tokyo Without Such Firms
Japan's high-frequency trading firm Dharmacapital Co. moved all its staff to Singapore earlier this month, according to people familiar with the matter. This move effectively leaves Tokyo with no such firms operating out of the city.
02:03
FTSE 100 Live: UK Stocks Set for Best Winning Streak Since May
01:59
PDD Holdings' Q2 net profit decreased by 12% year-on-year to 27.2 billion yuan, with revenue growing by 8%, missing expectations. Wall Street investment banks lowered their target prices but maintained a "buy" rating.
PDD Holdings' net profit attributable to shareholders for Q2 2026 decreased by 12% year-on-year to RMB 27.2 billion, with revenue growing by 8% year-on-year, approximately 2.5% below market expectations. Among these, transaction service revenue (primarily influenced by Temu) increased by 13.3% year-on-year, significantly lower than the market's anticipated 21%-22%. Wall Street investment banks such as Goldman Sachs, Jefferies, and Morgan Stanley, in their latest research reports on August 25, generally lowered PDD Holdings' short-term earnings forecasts and target prices (Goldman Sachs lowered to $134, Jefferies to $118), but unanimously maintained "Buy/Overweight" ratings. Analysts pointed out that new regulations, such as the EU's elimination of the de minimis threshold, have substantially impacted Temu's European business. Concurrently, PDD Holdings is heavily investing in supporting domestic merchants and building a global supply chain, sacrificing short-term profits to build long-term barriers. Despite short-term pressure, the extremely low valuation and strategic focus on core e-commerce are the underlying logic for maintaining bullish ratings.
01:58
South Korea's Q2 new mortgage loans per borrower saw sharpest drop on record to ₩208.29M ($159,900)
The average new mortgage lending per borrower in South Korea during the April-June period fell by ₩21.1 million from an all-time high of ₩229.39 million set three months earlier. This decline, reported by the Bank of Korea on Tuesday, was attributed to government regulations aimed at cooling the overheated housing market.
01:58
Bank of Korea to hold rate-setting meeting today, with markets split on whether it will deliver a back-to-back rate hike after July's 0.25% increase to 2.75%.
01:57
Bitcoin Traders Place $2.9 Million Bet on Rapid Price Jump Above $82,000
According to Laevitas, traders are spending millions to position for further Bitcoin upside after its staggering rally to $80,000, though demand for downside protection remains firm.
01:55
Blockchain Association backs Treasury’s proposed GENIUS Act rules for stablecoin issuers, advocating for client ID limits
The association supports restricting client identification requirements to direct issuer-customer transactions in the primary market, while also calling for clearer definitions within the rules.
01:54
NVIDIA invests $1.5 billion to build hashrate parks in partnership with SB Energy, OpenAI secures 20-year lease
NVIDIA announced on August 17 an agreement with SB Energy to build the PORTS-Pike hashrate park in Ohio, with OpenAI holding a 20-year lease for the park, and NVIDIA will be the sole hashrate provider and invest $1.5 billion in SB Energy. The park will provide credit support for 4.25GW of IT capacity, and NVIDIA also holds an option for the remaining 3.75GW (totaling 8GW).
01:54
NVIDIA and OpenAI Reach $600 Billion hashrate Commitment by 2030, Marking the Largest Single Customer Agreement to Date
NVIDIA management disclosed that OpenAI's existing and planned commitments have reached approximately 12GW, scalable to 16GW of NVIDIA hashrate, corresponding to cumulative revenue of about $600 billion by 2030. This is the largest single customer commitment NVIDIA has disclosed to date. The accounting treatment of this agreement and the method of disclosing potential contingent liabilities will be one of the risk variables most closely watched by the market during the upcoming earnings call.
01:42
Google is assembling a team in South Korea, preparing to launch a full-featured mapping service.
Google is accelerating preparations to expand its Google Maps service in South Korea by hiring a Senior Partnerships Manager, stating that it will "officially launch a full-featured Google Maps service." This Seoul-based Strategic Partnerships Development Manager will join Google's global product partnerships team, collaborating with private companies, public entities, and technology partners in South Korea.
01:41
U.S. Treasury expands sanctions on Iran's crypto sector, accusing a UAE-based broker of processing over $100 million in oil-related crypto payments.
01:37
South Korean President Lee Jae Myung to meet Samsung and Hyundai chiefs, following dinner with SK Group Chairman
President Lee Jae Myung is scheduled to hold separate meetings this week with Samsung Electronics Chairman Lee Jae-yong and Hyundai Motor Group Executive Chair Chung Euisun. This follows a private dinner on August 20 with SK Group Chairman Chey Tae-won, as his government aims to advance mega projects and turn pledges into concrete initiatives.
01:35
The deployment of two U.S. carrier strike groups to the Middle East has strained naval resources.
The United States has deployed two carrier strike groups to the Middle East, a move that represents a significant concentration of firepower but limits the availability of aircraft carriers in other regions. Vice Admiral John Miller, former commander of U.S. Naval Forces Central Command, stated that such a deployment comes at a cost.
01:31
LG Chem plans W15tr R&D push beyond petrochemicals, focusing on semiconductors, mobility, and batteries
The company aims to invest 15 trillion won ($10.8 billion) in research and development through 2035, with about 70% earmarked for future growth sectors, as it transforms into a materials powerhouse. It has also established a new organization directly under the CEO to drive this transformation.
01:27
Tuya Smart's total revenue in the first half of the year was $174 million, a year-on-year increase of 12.3%; net profit was $34.4 million, an increase of 45.8%; PaaS business contributed over 70% of revenue, and AI business accelerated its implementation.
Tuya Smart (02391.HK/TUYA) released its interim results for 2026 on August 25th. The report showed that total revenue for the first half of the year reached US$174 million, an increase of approximately 12.3% year-on-year; net profit was US$34.4 million, a year-on-year increase of 45.8%. Among these, PaaS (Platform-as-a-Service) business revenue was US$127 million, an increase of approximately 13.5% year-on-year, accounting for over 70% of total revenue. AI application and other revenue reached US$23.2 million, an increase of approximately 10.1% year-on-year. The company continues to strategically deploy AI Agent, AI hardware development tools, and scenario-based applications, and launched Tuya Cobuilder, an AI hardware development workspace, in the second quarter to accelerate the implementation of its AI business.
01:22
Tsingshan May Triple Output at its Zimbabwe Steel Plant
Tsingshan Holding Group Co. is considering tripling output at its Zimbabwe steel plant, which began operations in 2024. This expansion could intensify pressure on South Africa’s struggling steel industry, as a substantial portion of Tsingshan’s production is exported to that country.
01:20
US House Foreign Affairs Committee Chairman Brian Mast criticizes South Korea over regulatory action against US-listed Coupang and stalled investment pledges
01:20
LX Pantos completes high-security defense logistics project to transport air-to-air missiles from France to South Korea for amphibious attack helicopter program

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