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9/3
04:48
China Merchants Securities' latest research report indicates that the El Niño phenomenon has already impacted supply chains through two main channels: first, by increasing aquaculture feed costs due to reduced fishmeal catches in Peru, and second, by further tightening navigation restrictions in the Panama Canal due to water level pressure. The U.S. National Oceanic and Atmospheric Administration (NOAA) predicts a more than 90% probability of an extremely strong El Niño occurring in the Northern Hemisphere during the autumn and winter of 2026. The report suggests that the capital market has not yet formed a unified "El Niño trade." While stock prices in the livestock farming and shipping sectors have already priced in some expectations, the focus will now shift to whether industry profitability can sustain these gains.
04:47
At the G20 Technology Ministers' Meeting held on September 1, Musk and Zuckerberg jointly warned global policymakers that the shortage of skilled workers and insufficient power supply are becoming the two core bottlenecks restricting AI development. Musk specifically pointed out that a significant power shortage could emerge as early as next year, with the power gap for AI chips projected to reach at least 15 gigawatts by 2027. Zuckerberg stated that Meta is already facing a shortage of skilled technicians, with "hundreds of thousands or even millions" of skilled positions required for data center construction proving difficult to fill. Musk revealed that companies like Google and Anthropic have begun leasing hashrate from SpaceX because SpaceX has proactively solved its power supply issues by building its own power plants.
04:44
Amin Vahdat, Google's VP and Chief Architect of AI Infrastructure, stated that Google has shortened the release cycle for its TPUs from one model every two years to one model every year, and even two models per year last year. He added that this pace will further accelerate in the future to maintain a lead in the AI competition. Google plans to invest up to $205 billion this year in building AI infrastructure.
04:44
SK Hynix CEO stated that memory chips are no longer "commodities" in the age of AI, thus the risk of oversupply is low.
04:42
Global bond market selling pressure eased in early European trading, while equities traded sideways. This follows a sharp appreciation of the Japanese Yen against the US Dollar, with investors closely watching for further intervention by Japanese authorities in the foreign exchange market.
04:40
Global bonds clawed back ground as yields near multi-decade highs proved hard for some investors to resist, even as energy prices keep markets on edge.
04:39
The American Chamber of Commerce in Korea (AmCham) convened its 17th Healthcare Innovation Seminar on Thursday, where government and industry leaders emphasized that regulatory consistency is crucial for expanding patient access and attracting investment in South Korea's health innovation sector.
04:37
US President Donald Trump signed an executive order in August to address national security threats posed by drone imports and boost domestic supply chains. Drones weighing over 25 kilograms, equipped with thermal imaging capabilities and docking stations, will face a 100% tariff, while smaller drones will be subject to a 25% tariff. China's Ministry of Commerce expressed strong opposition, stating that this move would disrupt the global drone supply chain and harm fair competition.
04:32
The move is a response to Germany's earlier announcement to close a Russian cultural center in Berlin and a consulate in Bonn. Germany accused Russia of being responsible for a drone incident at Leipzig/Halle Airport last month, involving a drone carrying explosives that was discovered and dismantled on August 4.
04:31
Law firm Harneys and Bahamas-based tokenization platform droppRW plan to issue the first catastrophe bonds whose ownership is recorded directly on a blockchain, with a first deal targeted for early 2027. This proposed structure, developed in Bermuda, would give investors legal title to the bond onchain, rather than merely representing an offchain asset. It could also lower the minimum investment from typical denominations of $250,000 or more to $5,000.
04:28
U.S. and European government bond yields fell in early European trading, pulling back from multi-year highs, the Wall Street Journal reported. However, the report noted that the bond selloff may not be over yet.
04:22
OpenAI CEO Sam Altman urged ministers at the G20 tech summit in North Carolina to embrace AI, warning that failing to do so would be comparable to rejecting electricity during the industrial era. He added that ‘a kid growing up today will never be smarter than AI.’
04:03
Global bond yields have risen to their highest levels since 2008, with the 30-year U.S. Treasury yield briefly touching 5%. This follows an unexpected announcement by U.S. Treasury Secretary Scott Bessent to increase his department's bond buyback program, and hawkish remarks from Federal Reserve Chairman Warsh at Jackson Hole.
03:59
The Australian Securities and Investments Commission (ASIC) has recorded more than 45 digital asset-related license applications as its temporary enforcement relief approaches its September 30 expiration.
03:56
British asset manager Schroders Plc has bought more of longer-dated US Treasuries, saying yields have nearly peaked after the recent selloff.
03:48
The bond market stabilized today, with government bond yields slightly lower and global government bonds also trending stable, the Wall Street Journal reported. Oil prices are falling, and US stock futures indicate continued gains today. Markets are wary of intervention by Japanese authorities in the yen, which has risen over 1% against the dollar after US Treasury Secretary Scott Bessent said earlier this week that Tokyo would take steps to support the currency.
03:42
Taiwan has proposed more than $13 billion in funding, mainly for its state-run energy companies, to secure liquefied natural gas (LNG) and shield electricity users when a price freeze expires at the end of the month.
03:39
Bangladesh was forced to pay the highest price for liquefied natural gas (LNG) in about four years to ease rolling power outages, a move that is likely to drive up the country's energy costs.

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