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9/1
22:24
Unitree Robotics' stock price plunged 50% from its intraday high, marking one of the largest declines for a new listing on Shanghai's STAR Market.
Unitree Robotics' stock price fell to 546.51 yuan on Wednesday, down over 50% from its intraday high of 1,100 yuan on its debut day. The company's shares surged as much as 629% when it debuted on Shanghai's STAR Market last month, with its market capitalization once exceeding 340 billion yuan ($51 billion).
22:23
NZD/USD fell 0.8% intraday, now trading at 0.5847.
22:22
Nikkei Asia: Indonesia's disregard for technocrats erodes confidence and weakens rupiah
22:05
China Approves Brain-Tech Devices to Treat Paraplegia, Alzheimer’s, Aiming to Surpass Elon Musk
China’s health regulators have granted approvals for a string of brain-technology products this year. These devices, which allow patients to control digital devices using thought alone, are designed to transform the treatment of conditions ranging from paraplegia to Alzheimer’s and depression. The move is part of Beijing's broader effort to lead the world in brain-computer interfaces, offering generous policy support to help domestic firms compete with overseas players such as Elon Musk’s ventures.
22:01
The Shanghai Composite Index fell 1.05% today, now at 3,938.23.
22:00
MongoDB's Q2 revenue reached $772 million, a 30.5% year-over-year increase, with adjusted EPS of $1.90, exceeding expectations by 19%. However, the stock price still fell nearly 14% in after-hours trading.
MongoDB, a U.S. fundamental software company, announced its second-quarter fiscal year 2027 earnings report for the period ending July 31. Both revenue and adjusted earnings per share significantly exceeded market expectations. However, the stock plunged nearly 14% in after-hours trading on September 1, primarily because it had already surged approximately 26.7% in the preceding month. The market holds a cautious view on the growth prospects of high-valuation software stocks, and there remains debate over the growth outlook for its core cloud database platform, Atlas.
22:00
On September 2nd, the ChiNext Index fell over 2%, and the Hang Seng Tech Index dropped over 1%. Commodity futures generally rose, with crude oil and the Container Freight Index surging over 9%.
A-shares opened lower and continued to fall this morning, with the Shanghai Composite Index down 0.68%, the Shenzhen Component Index down 1.38%, and the ChiNext Index once falling over 2%, currently down 1.78%. Fiberglass and oil & gas exploration concept stocks were active, while non-ferrous metals, agriculture, communication equipment, hashrate hardware, and chip stocks generally declined. Hong Kong's Hang Seng Index fell 0.74%, and the Hang Seng Tech Index fell 1.32%, with tech, chip, and AI large model stocks all undergoing adjustments. Most domestic commodity futures rose, with crude oil and container freight index surging over 9% due to escalating geopolitical tensions, fuel oil up 6%, and treasury futures falling across the board.
22:00
Dell's Q2 revenue surged 58% year-over-year to $47 billion, with AI server backlog reaching $95 billion. The company significantly raised its full-year guidance, and its COO stated, "What we're short on is DRAM, DRAM, DRAM!"
Dell announced its second-quarter fiscal year 2027 results for the period ending July 31, with revenue reaching $47 billion, a 58% year-over-year increase, surpassing market expectations. Non-GAAP earnings per share were $7.04, up 203% year-over-year. The company raised its full-year revenue guidance by $25 billion to a midpoint of $192 billion, representing an approximate 70% year-over-year increase. As of the end of Q2, Dell's AI server backlog orders reached $95 billion. Vice Chairman and Chief Operating Officer Jeff Clarke emphasized on the conference call that the primary supply chain constraint is DRAM, followed by NAND.
21:59
AI programming unicorn Cognition is reportedly close to finalizing a new funding round of nearly $1 billion, pushing its valuation to $47 billion.
Cognition AI Inc.'s valuation has reportedly surged by nearly 81% in just three months, jumping from $26 billion to approximately $47 billion, according to sources familiar with the matter. This funding round attracted close to $10 billion in investor interest, significantly exceeding the available supply. The company's annualized revenue has more than doubled to over $900 million, up from $492 million at the end of May this year, providing strong support for the substantial increase in valuation. The acquisition of Cursor by competitor SpaceX for $60 billion in August also served as a valuation benchmark for the AI programming tools sector, further stimulating investor interest.
21:51
Australia posts second-quarter growth of 2.1%, beating expectations
Australia's economy expanded by 2.1% year on year in the second quarter, exceeding Reuters polled economists' estimate of 1.8%. This stronger-than-expected GDP print may allow the Reserve Bank of Australia (RBA) room to continue its policy tightening efforts to curb inflation, which stood at 3.5% in July, above the 3.3% forecast.
21:41
IAEA confirms Syria built nuclear reactor under al-Assad, failed to report facilities and 73 tonnes of uranium
The International Atomic Energy Agency (IAEA) confirmed in a confidential report seen on Tuesday that Syria built a nuclear reactor in Deir Az Zor under former President Bashar al-Assad, and failed to report nuclear material, facilities, and activities. The agency found around 73 tonnes of natural uranium metal during visits to several sites in Syria in August.
21:41
US launches new strikes on Iran's southern coast near Strait of Hormuz; Iran retaliates by targeting US bases in Jordan, with Washington denying casualties
21:38
Kazakhstan's Kaspi expands Turkey digital offerings after bank deal
Kazakh superapp Kaspi.kz is expanding its reach in Turkey after recently acquiring a Rabobank unit, offering shopping loans on its local e-commerce site Hepsiburada and looking to add fintech services next year.
21:35
US urges G20 nations to adopt looser AI regulation, while EU initiates compliance checks on over 30 AI companies
At a G20 “innovation” meeting hosted by the US in Chapel Hill, North Carolina, on Tuesday, US President Donald Trump's tech adviser Michael Kratsios advocated for the “Carolina Principles,” which promote regulations that do not single out specific technologies. Trump's overall approach aims to make the US the world leader in AI by slashing regulations. Tesla CEO Elon Musk and Meta CEO Mark Zuckerberg also argued for fewer constraints on AI expansion, with Musk criticizing European policies as generally making new things “default illegal.”

Concurrently, the European Commission confirmed it sent information requests to over 30 AI companies worldwide, a preliminary step towards formal investigations into compliance with the bloc’s AI Act. These requests, announced by Commission Vice President Henna Virkkunen, focus on safety and copyright compliance, with Brussels ready to enforce the Act’
21:32
South Korea's central bank expects September inflation to ease but underlying price pressures to persist
South Korea's central bank expects September inflation to ease from the previous month as a base effect fades, but underlying price pressures will likely persist, particularly in core items. Deputy Governor Lee Ji-ho noted that the consumer price index in August rose at a faster rate than July due to a base effect from a telecommunications company's discount programs last year.
21:11
The Wall Street Journal: Bond Market Gives World Leaders a "Failing Grade"
The Wall Street Journal analysis points out that this week's G20 summit failed to propose solutions to end deficits, inflation, and geopolitical turmoil, factors that are stirring investor sentiment and leading to bond market disappointment in the performance of world leaders.
21:09
Al Jazeera: US attacks Iranian port city of Sirik, killing at least 4, wedding party hit
21:06
US Treasury Secretary Scott Bessent: Expect interest rates to fall after the Iran conflict, AI investments could bring strong disinflationary effects within the next six months.
US Treasury Secretary Scott Bessent stated that he expects interest rates to fall once the conflict with Iran concludes. He also noted that current AI investments could have a strong disinflationary effect, with results becoming apparent within the next six months. Bessent emphasized that the US economy is currently very strong and accelerating, even amidst the conflict with Iran.
21:00
Coinbase Onramp service experiencing degraded performance
20:52
Donald Trump called the G20 finance ministers' meeting productive and suggested other countries emulate the US by cutting taxes, easing regulations, and increasing oil extraction to boost economic growth.
Donald Trump posted on Truth Social that the G20 Finance Ministers' meeting in Asheville was productive and positive. He thanked Treasury Secretary Scott Bessent for his work and emphasized that the United States is the world's largest and best economy. Trump suggested that other countries should emulate the U.S. by cutting taxes, deregulating, and increasing oil extraction where possible to achieve economic growth.
20:51
U.S. launches new strikes on Iran, Brent crude surges 4.5% to $94.52
The U.S. military completed a new round of strikes against multiple targets in Iran, including air defense, communications, and radar systems, on Tuesday evening ET, in retaliation for recent Iranian attacks on merchant vessels in the Strait of Hormuz and on U.S. forces stationed in Jordan. Previously, Iran had attacked a U.S. military base in Jordan on Monday ET. The Jordanian Armed Forces stated that their air defense systems intercepted 10 of the 13 missiles launched by Iran. Bahrain's Ministry of Interior also issued a potential threat alert early Wednesday local time.

As a result, international benchmark Brent crude oil prices rose 4.5% to $94.52 per barrel on Tuesday, and U.S. West Texas Intermediate crude futures rose about 5% to $90.03 per barrel, both reaching new highs since July 24, and continued to rise during Wednesday's Asian trading session. U.S. President Donald Trump described the strikes as "massive and powerful" on social media and threatened further military action if Iran retaliated.
20:51
ILO Report: Global Youth Unemployment Rate Rises, North America to Reach 9.8% in 2025
The International Labour Organization (ILO) reported in August that global youth unemployment is on the rise, particularly in high-income economies. The report predicts that the youth unemployment rate in North America will increase from 8.3% in 2023 to 9.8% in 2025. In Northern, Southern, and Western Europe, youth unemployment is expected to remain high at 15% in 2025. Sukti Dasgupta, Director of the ILO's Employment, Skills and Sustainable Enterprises Department, stated that while the direct impact of AI on employment remains unclear, the risks should not be underestimated. The report also noted a decline in jobs that traditionally offer entry-level opportunities for young people, such as clerical and administrative positions, manufacturing-related work, and certain technical professions.
20:51
Donald Trump posted in support of data center construction, stating that opponents "want to be backward and poor."
Former U.S. President Donald Trump expressed strong support for data center construction in a post on Truth Social on Monday. He stated that the only reason communities across the U.S. oppose data centers is "because they want to be backward and poor," adding that if people want success, wealth, lower taxes, and jobs everywhere, they should "let data reign." Previously, a data center construction boom in Texas had sparked growing public opposition. A University of Pennsylvania survey showed that in July 2025, 61% of U.S. adults opposed data center construction in their local area, a 12 percentage point increase from February-March of this year. Texas Governor Greg Abbott was consequently forced to shift from a supporter to a critic.
20:51
Dallas Fed Report: Texas AI-exposed job postings have been on a continuous decline since ChatGPT's release in 2022, with an unusually high unemployment rate for recent graduates.
The Federal Reserve Bank of Dallas released a research report on September 1, stating that since the advent of ChatGPT in 2022, the number of job postings for AI-exposed positions in Texas has continuously declined. In the first quarter of 2025, these positions saw an approximately 8% greater decline compared to low-exposure positions. The report emphasized that recent college graduates have been hit hardest, with their unemployment rate rising to "unusually high levels" during the rapid proliferation of generative AI. Researchers Samuel Dodini and Tucker Smith believe this indicates that recent graduates are the first group to experience the impact of generative AI on employment and income. Texas has the largest data center construction capacity in the United States, but large-scale infrastructure investment has not led to growth in white-collar jobs. Instead, AI tools are replacing traditional employment areas for college graduates, such as software development, web design, management, and clerical work.
20:50
China's government bond sales are set to accelerate to boost a sluggish economy, likely prompting the PBOC to inject more liquidity.
20:44
The Nikkei 225 fell 2.2% to 64,742.17 points, dragged down by chip-related stocks amid concerns about war in Iran and rising energy costs.
The Nikkei 225 fell 2.2% in early Wednesday trading to 64,742.17 points. Chip-related stocks such as SoftBank Group, Advantest, and Tokyo Electron led the declines, falling 4.1%, 4.0%, and 4.5% respectively. Ongoing market concerns include the war situation in Iran and rising energy costs. The USD/JPY exchange rate rose to 160.19, up from 159.94 at Tuesday's close in Tokyo.
20:40
Oil prices surged due to the renewed conflict between the US and Iran, putting pressure on global bond markets: 10-year government bond yields in Germany, the UK, Japan, and the US all hit multi-year highs on Tuesday.
Renewed conflict between the US and Iran has driven Brent crude oil up by 4.5% in two days, with a year-to-date increase of 51%. Impacted by this, the 10-year government bond yields for Germany, the UK, and Japan reached their highest levels since 2011, 2008, and 1996, respectively, this Tuesday. The US 10-year government bond yield also climbed to levels rarely seen since the financial crisis. US Treasury Secretary Scott Bessent stated at the G20 summit that high yields are a sign of economic strength, adding that a fiscal consolidation plan might take weeks or even months to materialize.
20:27
Seoul stocks open sharply lower, with KOSPI falling 2.7% to 6,651.07, tracking Wall Street losses amid escalating US-Iran hostilities and rising oil prices.
20:18
The Nikkei 225 index is down 2.17% today, currently at 64,776.88.
20:06
China's tech push fuels fastest profit growth in 4 years for listed companies in H1, with STAR Market surging over fourfold and ChiNext up 33%

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