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9/2
06:06
Iranian hackers have attempted cyberattacks against a wide range of critical U.S. infrastructure in recent weeks, according to sources familiar with government and industry threat intelligence. Targets reportedly include water systems, telecommunications and energy infrastructure, raising concerns about potential disruption to essential services. The reported activity comes amid heightened tensions between Washington and Tehran.
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05:42
Russian President Vladimir Putin on Tuesday responded to Zelensky's remarks during the Shanghai Cooperation Organization summit in Kyrgyzstan, stating that such threats amounted to a declaration of "state terrorism." Putin added that the Kremlin would continue to intensify its attacks on Ukraine and dismissed the idea of resuming negotiations, saying, "You cannot negotiate with terrorists."
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05:32
Mykhailo Fedorov, Ukraine's former Minister of Defense, is launching a defense technology company aimed at transforming Ukraine's wartime experience into new technological products for Ukraine and its allies. Palantir CEO Alex Karp will be the company's first major investor, though the specific investment amount has not been disclosed.
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05:22
Traders are rushing to hedge against further declines in the euro, influenced by rising energy prices and increasing US bond yields.
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05:22
Greece’s return to the top flight of European markets has opened the door for some of its biggest companies to join the region’s benchmark stocks index.
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05:13
Global bond market sell-off intensified, with the US 10-year government bond yield rising to a new high for 2023 on Wednesday. Geopolitical conflicts in the Middle East pushed oil prices higher, leading investors to increase bets on a September US interest rate hike, dragging down market sentiment. On Wednesday's close, China's CSI 300 Index fell 1.7%, the Shanghai Composite Index dropped 1.2%, and the Shenzhen Component Index declined 1.45%. Hong Kong's Hang Seng Index was largely flat, while the Hang Seng Tech Index fell 0.7%. Fast fashion retailer Shein performed poorly after its listing on HKEX, with its stock price falling another 5% on Wednesday after a lackluster debut on the previous trading day. AI-related and supply chain stocks saw the largest declines, with Zhongji Innolight falling 4% in both A-shares and Hong Kong shares.
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05:09
The latest escalation in the Middle East conflict, with fresh strikes exchanged between the US and Iran, is putting further pressure on bond yields and extending a rout in sovereign debt in early European trade. Brent crude extended gains, with oil hovering around $95 a barrel. President Trump also stated on Truth Social that he 'couldn’t care less' if Tehran signs an agreement to reopen the Strait of Hormuz.
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05:09
BSE Ltd. is engaging with high-frequency traders and other market participants to boost day-end trading volumes. This move comes after thin liquidity under the newly introduced closing auction system triggered sharp price swings.
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05:07
Frederick Neumann, Chief Asia Economist at HSBC, noted in an August 31 research report that despite numerous similarities between the current macro environment and the period preceding the 1997 Asian Financial Crisis (such as high US Treasury yields, a weak Japanese Yen, and widespread tech optimism), the core risks facing Asia have subtly shifted. He warned that the high dependence of economies like South Korea, Japan, and Singapore on US demand for AI hardware is becoming the biggest hidden danger for Asia. If persistently rising US Treasury yields dampen enthusiasm for AI hardware investment, or if Yen volatility shocks global financing markets, Asia's external export demand will face significant pressure, and economic growth could consequently stall.
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04:56
Dell's Q2 FY2027 results comprehensively exceeded expectations, with Non-GAAP EPS of $7.04, significantly surpassing Goldman Sachs' estimate of $4.96 and market consensus. Revenue reached $47 billion, also exceeding Goldman Sachs' estimate. The company simultaneously raised its full-year outlook significantly, increasing its FY27 traditional server revenue growth guidance from "over 60%" to "over 100%", and upgrading its storage business growth forecast from mid-single digits to mid-double digits. Goldman Sachs commented that the sustained demand for enterprise IT hardware upgrades, coupled with investments in AI-related infrastructure, provides Dell with differentiated long-term growth support. Goldman Sachs maintained a Buy rating on Dell, raised its 12-month price target from $510 to $570, and increased its average EPS forecast for the three years from FY27 to FY29 by 38%.
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04:46
Tara Seshan, Product Lead for OpenAI Codex and ChatGPT Work, stated in a podcast released on August 30 that AI products are moving from the chatbot and agent phase towards a "third era of continuously working AI colleagues." She believes that AI colleagues will be able to work independently, with humans providing feedback, and both synchronizing at different paces. This shift will transform knowledge work from "rowing" to "steering," where humans are responsible for setting direction, judging outcomes, and correcting course. In the future, the focus of corporate competition will no longer be on "can it be done," but rather on judgment, taste, and ambition.
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04:37
U.S. spot Bitcoin ETFs experienced approximately $236 million in outflows on Monday, with BlackRock's IBIT accounting for roughly $201 million and Fidelity's FBTC for another $44 million, according to SoSoValue data. Bitwise's BITB was the only fund to see inflows, taking about $8 million. Meanwhile, other crypto ETFs, including Ether, XRP, Solana, and Hyperliquid funds, continued to attract capital. Bitcoin traded just above $77,000 in Asian morning hours on Wednesday, down about 2% on the week.
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