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8/31
05:23
The quasi-sovereign wealth fund is courting a broader pool of investors, betting that India's infrastructure boom will continue to attract long-term overseas capital.
05:20
The transactions mark Syria's move to restore links with the global payments system, following the formal decision by the US government to remove Syria from its state sponsors of terrorism list. Qatar's QNB Group collaborated with Mastercard for a point-of-sale transaction, while Visa partnered with Lebanon-based Fransabank and domestic payment technology company Paymera for its first live cross-border payment test. The Central Bank of Syria confirmed these transactions signify the official start of international card acceptance services in the country.
05:20
Riverview Bancorp (Nasdaq: RVSB) shareholders approved all three proposals at its 29th Annual Meeting, including the election of four directors, an advisory vote on executive compensation, and the adoption of the company's 2026 Stock Purchase Plan. Additionally, the Board of Directors approved a new $4 million stock repurchase program the day before the annual meeting. Riverview Bancorp is a community-oriented financial institution headquartered in Pittsburgh, Pennsylvania.
05:19
The China Securities Regulatory Commission (CSRC) approved Xingyu Co., Ltd.'s overseas listing on August 15. However, the company recently faced controversy for terminating contracts with 107 fresh graduates, leading to complaints filed with the EU and HKEX. On August 25, the Changzhou Human Resources and Social Security Bureau confirmed that Xingyu's "methods were crude and simplistic." Xingyu subsequently apologized and offered compensation on August 27. Furthermore, the company's prospectus revealed that its proportion of dispatched workers exceeded the legal limit at the end of 2025, and it had issues with underpayment of social security and housing provident funds. Between 2023 and 2025, Xingyu received 451 million yuan in government subsidies, including for employment support projects. These labor compliance issues could impact its HKEX listing process.
05:19
According to Yahoo Finance analysis, Johnson & Johnson's latest 13F filing (as of June 30, 2026) disclosed its holdings of 15 stocks in the biotechnology and medical technology sectors. The analysis indicates that Johnson & Johnson's largest investment is in Protagonist Therapeutics, amounting to approximately $300 million. Protagonist Therapeutics had one product launched in the US in March 2026, and the FDA approval decision for another product, rusfertide, is expected in August 2026. As of August 28, 2026, Protagonist Therapeutics' stock price has risen by 65% year-to-date.
05:19
Yahoo Finance analysis indicates that after NVIDIA's Q2 earnings exceeded expectations, its revenue guidance for the next fiscal year (FY2028) shocked investors, with an anticipated 70% growth to between $700 billion and $800 billion. If revenue can grow by another approximately 40% in FY2029, NVIDIA could become the world's first company to achieve $1 trillion in annual revenue. However, Amazon's current annual revenue is already $775 billion, and if it can maintain a 15% annual growth rate, it might reach this milestone sooner than NVIDIA. The rapid revenue growth of both companies is attributed to the demand for artificial intelligence.
05:03
HSBC to open first flagship branch in Hong Kong's Capitol Centre, closing two Causeway Bay branches, as banks and fashion brands leverage potential lower rents for eye-catching retail spaces to boost visibility, according to agents. The Capitol Centre location was previously occupied by fashion retailers such as Chanel and Victoria’s Secret.
05:02
Upbit has suspended deposit and withdrawal services for digital assets related to the Ontology network.
04:36
Chris Churchman, head of Goldman Sachs' digital platform Marquee and co-chair of the Global Banking & Markets AI Working Group, recently stated in a podcast that once enterprise AI products are launched, the worst outputs will be scrutinized by the market and clients. He emphasized that "roughly correct" AI is unacceptable in high-risk scenarios such as finance. He highlighted that AI productization requires addressing issues such as factual accuracy, computational verifiability, access control, and timely error cessation. He also proposed four productization boundaries: not substituting demos for acceptance testing, not betting on temporary model flaws, redoing workflows, and not outsourcing human judgment.
04:36
SK Group Chairman Chey Tae-won stated on August 31 that SK Hynix is thoroughly surveying various locations across Japan with favorable power and water resource conditions to evaluate multiple potential sites for a joint factory. The cooperation model has not yet been determined, with options including a joint venture, co-investment, or acquisition of a Japanese company. This move aims to further enhance its global production network, following SK Hynix's planned capacity investment of approximately 54 trillion Korean won in South Korea and the groundbreaking ceremony last week for its advanced memory packaging facility in Indiana, USA.
04:34
The commitment, made under the renewed Financial Sector Technology and Innovation Scheme (FSTI 4.0), aims to strengthen Singapore’s FinTech ecosystem and accelerate innovation and technology adoption across the financial sector.
04:24
Bitcoin traded below $78,000 during Monday's Asian morning hours, down less than 1% in 24 hours but up about 1% for the week, according to CoinDesk data. Solana and Dogecoin led the declines, both falling about 3%. The Japanese yen breached the 160 mark against the dollar in Tokyo on Monday, with strategists suggesting intervention could be triggered around 161. This follows a broad strengthening of the dollar, which also suppressed the cryptocurrency market, driven by expectations of higher U.S. interest rates after Federal Reserve Chairman Warsh's speech at Jackson Hole.
04:22
Sberbank announced that with the country's new cryptocurrency regulations coming into effect on September 1, 2026, the trading volume of regulated cryptocurrency exchanges is expected to reach 4 trillion rubles (approximately $46.4 billion) in the first year, potentially increasing to about 7.5 trillion rubles (approximately $87.1 billion) by 2029. Anatoly Popov, Deputy Chairman of the Board at Sberbank, also stated that Sberbank plans to issue loans collateralized by Bitcoin, Ethereum, and USDT once approved by the central bank. The new regulations allow retail investors to purchase up to 300,000 rubles (approximately $3,700) of liquid cryptocurrencies annually through each intermediary, while qualified investors face no limits. Furthermore, the law prohibits the use of cryptocurrencies for payments for goods and services within Russia but permits cross-border settlements for foreign trade contracts between residents and non-residents.
04:15
According to Al Jazeera, since the new government led by President Ahmed al-Sharaa overthrew the Assad regime in December 2024, Syria has opted for diplomatic engagement with Israel rather than military confrontation. Despite ongoing Israeli attacks on Syrian territory and the occupation of parts of southern Syria, Syrian Foreign Minister Assad Shaybani held US-brokered talks with Roman Gofman, head of Israel's Mossad intelligence agency, in Amman, Jordan. The talks aimed to establish practical mechanisms to halt Israeli attacks, arrests, and targeted operations, and to resume negotiations on long-term security agreements between the two sides. Syrian officials stated that they have no intention of attacking Israel and seek peace with all neighboring countries, but Shaybani also noted a current distrust of Israel, viewing negotiations as a security necessity.
04:14
Al Jazeera reports that analysts believe the arrest and upcoming trial of suspects in the 2022 Nord Stream pipeline explosion continue to cast a shadow over Germany's relationship with Ukraine. One of the suspects, Volodymyr Zhuravlev, was arrested in Croatia on August 19 and will be extradited to Germany. Another suspect, Serhii Kuznetsov, was arrested and extradited last year. Germany is determined to prosecute the sabotage team, while Ukrainian President Volodymyr Zelenskyy has repeatedly denied Kyiv's involvement. Analysts suggest the incident highlighted Germany's excessive reliance on Russian natural gas and prompted a shift in its energy security policy towards diversification and renewable energy. Although Germany has become Ukraine's largest Western supporter, the unresolved Nord Stream issue remains politically sensitive in the relationship between the two countries.
04:07
The LCT Framework will support bilateral trade and contribute to ASEAN financial integration efforts by promoting the wider use of local currencies in intra-ASEAN transactions. It aims to provide businesses with greater flexibility, reduce exchange rate risks and costs, and promotes direct quotations between the Indonesian Rupiah and Singapore Dollar.
04:07
Bitcoin Core developer Luke Dashjr has resigned from his positions as Chairman, CTO, and Director of Ocean mining pool, with its parent company Mummolin repurchasing all his equity. Both parties stated that the separation was by mutual agreement, reflecting differing views on the future of Bitcoin mining and recent protocol developments. Dashjr will launch a new mining project called Convoy.
03:43
The Fair Trade Commission (FTC) approved the share purchases by Hanwha Aerospace, Hanwha Systems, and Hanwha Ocean on Monday. This move removes a key regulatory hurdle for Hanwha Group's push to build a defense business spanning land, sea, air, and space. The review focused on whether the minority stake would give Hanwha effective control over KAI.
03:38
According to the Korean newspaper The Herald Business, SK Hynix plans to diversify its supplier base by entrusting Intel with the production of the Base Die for its high-bandwidth memory (HBM) starting as early as the seventh-generation HBM4E. Previously, TSMC was the sole manufacturer of these Base Dies. This move aims to reduce SK Hynix's reliance on TSMC and alleviate the pressure of continuously rising raw material costs. Industry sources indicate that the cost of HBM4 Base Dies produced by TSMC is 3 to 4 times higher than SK Hynix's own core chips. In response, SK Hynix stated that it is difficult to confirm details regarding the company's technology roadmap and that "some of the content is not consistent with the facts," without directly confirming the report.
03:32
South Korean stocks closed higher on Monday, with technology shares rebounding despite hawkish remarks from Federal Reserve Chairman Warsh; the KOSPI index rose 0.46% to 6,820.02 points.
03:05
China's six largest state-owned banks, including ICBC, China Construction Bank, Agricultural Bank of China, Bank of China, Bank of Communications, and Postal Savings Bank of China, recorded their first simultaneous rise in first-half revenue and net profit since 2022. This comes as their margins, which had been under pressure for two years, showed tentative signs of stabilizing.
02:47
Despite Fed Chair Warsh's hawkish speech on Friday, the odds of a rate hike in September remain below 60%, with observers downplaying fears of tightening.
02:38
South Korea's five major automakers are set to conclude their annual wage negotiations as early as Monday, including Hyundai Motor Co. which is holding a union vote on a tentative agreement. This resolution will allow them to concentrate on boosting sales in the second half of the year, facing challenges from US tariffs, increased competition with Chinese rivals, and slowing global demand.
02:35
The Nasdaq 100 Index is still digesting the impact of the summer sell-off, and its small but significant gap from new highs offers important insights into the current market.

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