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8/28
03:01
Alibaba founder Jack Ma, Chairman Joseph Tsai, and CEO Eddie Wu, among other executives, repurchased over HK$800 million worth of company shares this week. This move comes as the size of US sovereign debt continues to trouble global financial markets, and as
02:43
Bank of America analyst Tal Liani noted in an August 27 research report that Salesforce's total revenue for the second fiscal quarter increased by 10.8% year-over-year to $11.345 billion, slightly exceeding market expectations. However, its core "per-seat" business model continues to face structural erosion from agent-based AI. Although its Agentforce Annual Recurring Revenue (ARR) grew by over 240% year-over-year to $1.5 billion, it remains tiny relative to a revenue base of $46 billion and is unlikely to drive a valuation re-rating in the short term. Bank of America believes that Salesforce's current valuation is at the high end of its peers, presenting an asymmetric risk-reward profile.
02:36
Solana network operators are voting on two proposals aimed at reducing the future supply of SOL tokens. Among them, SGP-0002 proposal barely passed with 68.77% support. This proposal will double the annual new supply reduction rate of SOL tokens from 15% to 30%, which is expected to bring the new token creation rate to a minimum of 1.5% per year in 2029 instead of 2032, reducing the creation of approximately 18.9 million SOL over six years. Another proposal, SGP-0003, which aims to significantly increase token burn, currently has 62.72% support and has not yet reached the required two-thirds support threshold. If passed, this proposal would increase the daily burn from approximately 650 SOL to 7,500 to 9,000 SOL, with an upper limit value of about $800,000 per day based on this week's prices. All three proposals (including SGP-0001, a proposal on governance rules) have met the quorum requirements.
02:06
The two parties will combine Dunamu's digital asset technology with Visa's global payment network to explore new services in stablecoin payments, cross-border remittances, and AI-driven finance. Dunamu stated that Open Standard's Open USD (OUSD) is one of the stablecoins being considered for future cooperation, but it is still under review, and no specific stablecoin is prioritized or excluded at this time.
02:05
In a recent interview, Jerry Tworek pointed out that with the advent of the "native agent" era, AI itself is rapidly taking over R&D work. He founded Core Automation with the aim of creating a "third-generation AI lab" where AI agents replace humans in performing complex experiments and coding, compressing R&D cycles from months to a single day. He believes that the current bottleneck for further AI development is precisely the Transformer architecture itself. The new generation of labs is utilizing programming agents to explore new architectures, with the goal of achieving new models capable of learning during testing. He also revealed that the breakthrough in OpenAI's o-series inference models was due to large-scale reinforcement learning and the leadership's decisive allocation of hashrate.
02:01
China Life Insurance, the country’s largest life insurer, released its interim results on Thursday, showing record highs in both revenue and net profit. The company stated it will scale up investments in technology-related sectors, seeking to become a long-term partner for innovative enterprises.
01:55
The conflict has lasted six months since the US and Israel launched attacks on Iran on February 28. Analysts generally believe that the war has evolved into a war of attrition, with the Iranian regime not collapsing and the Gulf region's economy facing increasing uncertainty. The conflict has led to a decrease in traffic through the Strait of Hormuz to pre-war levels, and the US blockade of Iranian ports has exacerbated oil supply shocks. Despite Washington and Tehran signing a memorandum of understanding in June, there are still no signs of the war ending.
01:54
Eligible Base and BNB Chain holders will receive Ethereum-based SAND tokens from the project treasury, with claims expected to open in two weeks.
01:52
Metaplanet previously acquired 43,000 BTC ($3.48B) at an average price of $96,191.
01:26
This growth reverses a previous trend of underinvestment by businesses and reflects government support for industries deemed critical to national self-reliance.
01:25
Binod Chaudhary, Chairman & President of Chaudhary Group, stated that efforts to rebuild Nepal’s infrastructure after a devastating flash flood this week could cost at least $5 billion. He added that his group's spending on this effort will exceed what it spent in 2015 following a deadly earthquake.
01:11
The Bank of Japan is considering newly applying a time-dummy hedonic method to microprocessors (MPUs) and a hedonic method for passenger cars that accounts for advanced autonomous driving technology. This is part of a review to expand and revise the application of hedonic quality adjustment in the Corporate Goods Price Index (CGPI), in conjunction with rebasing the CGPI to the 2025 base year, aiming to improve the accuracy of quality adjustment.
01:09
The conflict, which started with major combat operations by the U.S. and Israel, has far exceeded the Trump administration's initial estimate of four to six weeks. Geopolitical analysts believe there is no end in sight, with peace talks having collapsed and attacks continuing on ships in the Strait of Hormuz. While oil prices remain volatile, Brent crude futures have gained almost 20% since the war's onset, though they are now trading about a third lower than their April peak of $126.41 a barrel. Equity markets have largely disregarded the conflict's implications, rallying this year on corporate earnings optimism.
01:06
Beijing-based GalaxySpace launched the Lingzhi-09 Thailand CubeSat, developed for Thailand’s Geo-Informatics and Space Technology, aboard a Long March-6C rocket from the Taiyuan Satellite Launch Centre on Tuesday. This deployment underscores China's growing space influence overseas amid competition with Elon Musk’s SpaceX.
01:05
Iceland will hold a national referendum on Saturday on "whether to resume accession talks with the European Union." The vote comes as US President Donald Trump renews his push to acquire Iceland's neighbor Greenland and as uncertainty about US security commitments grows, adding a geopolitical dimension to Iceland's EU debate. Polls suggest the consultative vote could be very close, with the nation divided on the issue.
00:58
The report highlights that this ambition is backed by government incentives and investments from global tech giants, and explores whether India can translate its massive spending into a lasting advantage.
00:53
The Master Trust Bank of Japan, an affiliate of Mitsubishi UFJ Trust and Banking, holds assets on behalf of institutional investors. The surge in assets is attributed to a historic stock market rally and the expansion of NISA, the government's tax-advantaged investment program.
00:40
Former Reserve Bank of India Governor Raghuram Rajan said the Federal Reserve should raise interest rates to curb accelerating inflation. Rajan, who is also a member of a task force reviewing the Federal Reserve, believes that current financial conditions in the US are not restrictive. He made these remarks in an interview with Bloomberg in Jackson Hole, Wyoming.
00:21
Companies are increasingly turning to zero-interest convertible bonds to limit borrowing costs amid high volatility in AI stocks.

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