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8/31
06:16
Spanish Prime Minister Sanchez accuses Russia and Israel of spreading disinformation during the Ceuta migration crisis.
Spanish Prime Minister Pedro Sanchez said on Monday that Russia and Israel spread and amplified disinformation during last month's mass influx of migrants into Ceuta. Citing research from the European External Action Service (EEAS), he stated that both countries used the crisis to criticize the Spanish government, linking it to Madrid's differing positions on the wars in Ukraine and the Middle East. Ceuta is a Spanish enclave in North Africa, where tens of thousands of migrants poured in from Morocco late last month, triggering a Europe-wide migration alert.
06:09
FRANCE'S 30-YEAR BOND YIELD HITS HIGHEST SINCE SEPTEMBER 2008 AT 4.9274%, UP 4.5 BPS
06:08
Micron to report fiscal Q4 earnings on Sept. 30; historical data suggests September may be volatile but subsequent months tend to see gains
From 2017 to 2025, Micron's stock has averaged a 4.1% gain in September, though this is heavily influenced by a 40% return in 2025, with five of nine Septembers showing negative returns. However, October, November, and December have historically averaged gains of 5.3%, 7.8%, and 2.9% respectively. The company is also focusing on long-term strategic customer agreements to counter cyclicality, having signed 16 such agreements and expecting $22 billion in financial commitments and cash deposits.
06:07
Bernstein Analyst Gautam Chhugani Predicts Bitcoin Could Hit $1 Million by 2033, Citing US Dollar Debasement as Key Driver
Bernstein analyst Gautam Chhugani and his team recommend buying Bitcoin as a hedge against potential U.S. currency debasement, driven by soaring U.S. debt and long-term bond yields. Chhugani believes governments may prefer debasement over fiscal discipline to manage debt. In an "accelerated bull case" scenario, Bitcoin could peak at $500,000 by 2029 before reaching $1 million by 2033. Even in a base case, the analyst projects Bitcoin to reach $300,000 by 2029 and $1 million by 2033.
06:05
South Korea Rejects U.S. Congressional Allegations of Discrimination Against Coupang, Amidst Strained U.S.-Korea Relations and Pressure from Potential U.S. Tariffs
Sources indicate that the South Korean government has rejected accusations from the U.S. Congress regarding discrimination against American e-commerce giant Coupang, leading to strained relations between the two countries. A report by U.S. House Republicans accused the South Korean government of launching an "unprecedented assault" on Coupang following a data breach incident, including threats of criminal charges and record-breaking privacy fines. Last week, U.S. Senator Bernie Moreno sent a letter to the U.S. Trade Representative, calling for a formal investigation into South Korea and potential additional tariffs. Previously, Coupang investors had also petitioned for a Section 301 investigation. Officials noted that if the dispute continues, the U.S. might take retaliatory measures against South Korea, including additional tariffs.
06:03
Binance to remove some margin trading pairs on September 3, 2026
06:01
European Commission Designates Reddit, Roblox as 'Very Large Online Platforms' and ChatGPT as 'Very Large Online Search Engine' Under DSA, Mandating Compliance Within Four Months
06:01
Vanguard Reports Average 401(k) Balance Reached $167,970 in 2025, But Median Balance Was Just $44,115
Vanguard's "How America Saves 2026" report revealed that while the average 401(k) balance across its defined contribution plans hit $167,970 in 2025, this figure is skewed by a small number of large accounts. The median balance, which more accurately reflects most savers' situations, was significantly lower at $44,115. Vanguard analysts noted that the average balance is indicative of participants at about the 75th percentile, meaning roughly three out of four participants have less than the widely quoted average. Additionally, the personal savings rate in the second quarter of 2026 slipped to 2.8% from 6.2% in early 2024, indicating households are spending down savings rather than adding to them.
05:53
GERMANY'S 30-YEAR GOVERNMENT BOND YIELD HITS HIGHEST SINCE JUNE 2011 AT 3.7924%, UP 3 BPS
05:52
Bybit Lists EWZUSDT TradFi Perpetual Contract with Up to 25x Leverage
05:52
Bybit Lists OKTAUSDT TradFi Perpetual Contract, Offering Up to 25x Leverage
05:52
Bybit Lists TEMUSDT TradFi Perpetual Contract with Up to 25x Leverage
05:52
Bybit Lists PONSUSDT Perpetual Contract, Offering Up to 20x Leverage
05:51
Hong Kong Regulators Select 36 AI Use Cases for Financial Sector GenAI Trials
The Hong Kong Monetary Authority, Securities and Futures Commission, Insurance Authority, and Mandatory Provident Fund Schemes Authority have selected the first batch of projects for an expanded generative AI testing programme. The 36 use cases involve 30 financial institutions and 27 technology partners, covering banking, securities, insurance, and pensions. Trials will focus on agentic AI applications in processes like customer onboarding, payments, and insurance claims, with technical trials due to begin later this year.
05:51
Indonesia and the US-led "Super Garuda Shield" military exercise opens with 15 participating countries.
The 12-day exercise, which kicked off in Bandung, Indonesia, on Monday, aims to strengthen regional security cooperation. The drills come as Indonesia seeks to balance defense cooperation with China and Russia, with organizers saying they hope to "avoid provoking" Beijing.
05:49
Zambian State Mine Investor Weighs Share Sale to Boost Liquidity
Zambia’s majority state-owned mining investor is considering selling a stake in its business, which owns minority interests in most of the nation’s biggest copper mines, its chief executive officer said. The move aims to boost the company's liquidity.
05:47
Asian Refiners Turn to Argentina for Oil Supply as Iran War Disrupts Middle East Shipments
Asian crude oil importers, including China, Japan, and South Korea, are purchasing oil from Argentina to offset supply losses from the Middle East due to the ongoing Iran war. This shift allows them to avoid the Strait of Hormuz and other geopolitical chokepoints. Argentina's Medanito crude, comparable to U.S. West Texas Intermediate (WTI) and sold at a $1-$2 per barrel discount to WTI, has seen increased demand, with sales to Asia jumping significantly since 2024. Other South American producers like Brazil and Venezuela are also gaining popularity among Asian refiners seeking to diversify supply.
05:46
Japan's FY2027 budget requests to hit record $895 billion
The Japanese government is expected to submit around 143 trillion yen ($895 billion) in total budget requests for the fiscal year through March 2028, marking the largest amount on record. Prime Minister Sanae Takaichi's Ministry of Finance is requesting a record $229 billion for bond service expenses.
05:46
SpaceX's next share unlock milestone is scheduled for Sept. 9, making an additional 319 million insider shares eligible for sale.
SpaceX's next share unlock milestone is scheduled for Sept. 9, making an additional 319 million insider shares eligible for sale. This follows previous unlocks on Aug. 4 (911.5 million shares) and Aug. 20 (319 million shares) since its June 12 IPO. The Motley Fool analysis highlights concerns about the volume of shares and the company's initially low float.
05:46
Hedge Funds and Mutual Funds Are Buying Visa (V) and Mastercard (MA), Signaling Strong Investor Confidence
05:41
Huawei's R&D investment exceeded 120 billion yuan in the first half of the year, a 25.2% year-on-year increase, with operating cash flow turning negative.
Huawei's R&D expenses reached 121.382 billion yuan in the first half of the year, a 25.2% year-on-year increase, accounting for 25.95% of its operating revenue, according to the report. During the same period, net cash flow from operating activities was -39.885 billion yuan, compared to a net inflow of 31.183 billion yuan in the same period last year.
05:41
Huawei's H1 revenue rose 9.54% year-on-year to 467.8 billion yuan, while net profit attributable to the parent company fell 36.8% year-on-year to 23.4 billion yuan.
Huawei Investment Holdings Co., Ltd. released its 2026 semi-annual report, showing that the company achieved operating revenue of 467.819 billion yuan in the first half of the year, a year-on-year increase of 9.54%; net profit attributable to owners of the parent company was 23.428 billion yuan, a year-on-year decrease of 36.8%.
05:39
China Dividend Stocks Reach 11-Year High as Investors Seek Defensive Bets Amid Tech Volatility
05:32
US Opportunity Zone Investors Face Dec. 31 Tax Deadline on Deferred Capital Gains
The U.S. Treasury is expected to receive tens of billions of dollars in capital-gains payments from investors in the Opportunity Zone program. This tax incentive, launched by the first Trump administration, aimed to direct capital into low-income areas. The upcoming December 31 deadline requires investors to include these long-deferred gains in their taxable income.
05:30
After the S&P 500 index rose nearly 3% in August, historical data suggests it is likely to continue rising in September and by year-end, according to analysis.
Yahoo Finance, citing analysis from Carson Investment Research, indicates that after the S&P 500's nearly 3% rise in August, historical trends suggest the index is poised for average positive returns in September and the final four months of the year. This analysis is based on 11 years between 1945 and 2017 where both August and year-to-date performance were positive, with an average September return of 1% and an average return of 5.6% for the four months leading up to year-end. August's gains were primarily driven by falling oil prices and strong corporate earnings, with the Magnificent Seven tech stocks performing exceptionally well, showing an earnings growth rate exceeding 118%.
05:30
US PCE inflation reached 3.7% in July, exceeding Fed's 2% target for 65th consecutive month; futures traders now bet on two more rate hikes in 2026
The Personal Consumption Expenditure (PCE) price index, the Federal Reserve's preferred inflation gauge, measured 3.7% in July 2026. This marks the 65th straight month that PCE inflation has exceeded the Federal Reserve's 2% target and was slightly above the consensus estimate of 3.6%. The July reading was unchanged from June, suggesting sticky inflation. This acceleration is primarily attributed to the Iran war disrupting oil supplies and President Trump's tariffs. Following this data, CME Group's FedWatch tool indicates futures traders are now betting on two quarter-point interest rate hikes in the remaining months of 2026, one in September and another in December. Historically, new rate-hike cycles have often coincided with stock market corrections, and the S&P 500's cyclically adjusted price-to-earnings (CAPE) ratio of 40.6 in July was its highest since September 2000.
05:25
JPMorgan Chase reiterated its Overweight rating on Broadcom, maintaining a price target of $580, and raised its FY27 AI revenue forecast to over $130 billion, stating that the market significantly undervalues the growth of its AI business.
JPMorgan Chase, in its latest research report, stated that market concerns about Broadcom's competitive position are significantly overblown, while the scale, sustainability, and growth potential of its AI revenue are underestimated. The bank projects Broadcom's FY27 AI revenue could exceed $130 billion, representing significant upside from management's previous "over $100 billion" framework. The report argues that market concerns about potential share loss in Google's TPU business are inconsistent with reality. The five-year agreement between Google and Broadcom locks Broadcom in as the core mass production partner for the next four generations of TPU products. Furthermore, customer diversification is accelerating, including custom chip projects for Meta, OpenAI, Anthropic, ByteDance, Alibaba, and strong demand for Tomahawk 5/6 switching chips.
05:23
India's National Investment and Infrastructure Fund (NIIF) Seeks Japan and Europe Capital for $3.2 Billion Fund
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
Visa and Mastercard Process First International Card Payments in Syria After US Terror List Removal
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 Shareholders Approve Board Members, Executive Compensation Plan, and 2026 Stock Purchase Plan
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.

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