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9/3
06:45
This move signals that the competition among major tech companies for general-purpose agents is rapidly extending into the financial sector. Previously, Baidu had already prioritized financial applications for GenFlow (Chinese name "Kuku AI") as a key step from general office use to specialized professional applications. ByteDance's Coze has also introduced financial agents and skills from institutions such as Huatai Securities and GF Securities. Major tech companies are optimistic that a large volume of repetitive tasks in high-value financial businesses can be taken over by agents. However, challenges such as data accuracy, traceability, and execution permissions still persist. Currently, there is no consensus among these companies on whether a separate financial version of agents needs to be developed.
06:41
Seema Shah, chief global strategist at Principal Asset Management, believes the factors behind higher bond yields are “not something that would really stop markets in their track.”
06:34
BTC rose 0.76% since midnight as a softer dollar lifted equities and metals alongside crypto. Meanwhile, PONS and Arbitrum (ARB) also pushed higher for a third consecutive session, extending their Robinhood Chain rally.
06:08
The current rebound of the Japanese Yen is primarily driven by a dual expectation of intervention from Japanese authorities and an anticipated interest rate hike. Japanese Finance Minister Satsuki Katayama and US Treasury Secretary Scott Bessent have both stated they would not hesitate to re-enter the market if necessary. Meanwhile, the Bank of Japan (BOJ) is leaning towards a 25 basis point rate hike this month, though BOJ board member Hajime Takata stated on Wednesday that a 25 basis point hike is not a certainty, and consecutive rate hikes are also theoretically possible. Federal Reserve Chairman Warsh, however, warned that inflation has not substantially slowed, suggesting that monetary policy will remain tight. Analysts caution that if USD/JPY re-touches the 160 mark, the risk of a new round of intervention will significantly increase.
06:07
Yair Netanyahu, son of Israeli Prime Minister Benjamin Netanyahu, stated last week on X that the Falkland Islands belong to Argentina, accusing the UK of “hypocrisy and hostility towards Israel with their recognition of ‘Palestine’”. His comments have caused an unexpected row with Britain’s right wing, typically a pro-Israel group. The remarks came days before former US President Donald Trump, also an ally of Argentina’s President Javier Milei, said the US was reviewing its stance on the Falklands.
06:05
Hong Kong’s food and beverage (F&B) operators, both new and existing players, signed leases for 155,000 sq ft of new floor space in the second quarter of this year, a record high for the sector and more than double the amount registered in the first quarter, according to property consultancy CBRE. In the first half of the year, they snapped up 230,000 sq ft of new space.
06:02
MarketWatch analysts suggest that the stock market's reaction to a potential Federal Reserve interest rate hike in mid-September might be less severe than anticipated, leading to only temporary weakness. This analysis is based on historical patterns, where stock market weakness around the Fed's first rate hikes following a cut cycle typically lasted for about a month before and after the hike.
05:59
BP announced on July 31 that it had launched a process to sell its U.K. North Sea business. Bseisu said there is still a "tremendous opportunity" in the U.K. oil and gas sector. EnQuest recorded an adjusted pre-tax profit of $54.6 million in the first half of the year.
05:59
Bitcoin's recent rally has faltered after failing to decisively break the $80,000 mark, with fluctuating demand from US investors and the Federal Reserve's hawkish stance dampening its momentum, according to Bloomberg. This has raised questions about the strength of the current rebound.
05:52
The yen strengthened sharply on Thursday, reaching a one-month high against the U.S. dollar, as traders considered the possibility of further Japanese intervention and rising expectations for Bank of Japan rate hikes. The currency jumped more than 1% against the greenback, touching 156.34 per dollar at one point. This follows remarks by U.S. Treasury Secretary Scott Bessent to CNBC on Monday, stating his belief that Japanese authorities would take action to lead to a stronger yen. Japan spent a record 15.4 trillion yen ($98 billion) between July 30 and August 26 to boost the yen, with the U.S. confirming its participation in a coordinated effort in late July.
05:47
Pakistan is seeking other funding sources to reduce its dependence on bilateral financing, after the UAE declined to roll over a $3 billion loan earlier this year.
05:42
Norway has seized the Russian vessel "Professor Molchanov" in the Arctic region to enforce Ukrainian energy company Naftogaz's claim against Russia for Crimea compensation. This follows Russia's failure to pay Naftogaz $4.22 billion in compensation for the expropriation of its Crimean assets. A Russian Foreign Ministry spokesperson called Norway's action "piracy" and stated that Russia would challenge the ruling.
05:41
Al Jazeera's analysis indicates that QatarEnergy has informed its European client, Edison, that its liquefied natural gas (LNG) deliveries will remain suspended until early November due to force majeure. The company has canceled an additional five shipments, bringing the total number of canceled batches to 29, equivalent to approximately 3.8 billion cubic meters of natural gas.
05:41
The Coldcard exploiter moved about 10% of stolen funds through THORChain, as researchers traced the assets to a new Ethereum address.
05:38
A recent study by the CFA Institute, conducted last December, reveals that young Chinese investors are increasingly turning to overseas assets for wealth preservation and diversification. Approximately 81% of respondents reported holding investments outside mainland China, with these overseas assets accounting for an average of 43% of their portfolios.
05:33
CNBC reported that the increasing reliance of U.S. AI data centers on Chinese supply chains for critical components such as transformers, batteries, and optical equipment has raised concerns in Washington. Last week, President Donald Trump signed an executive order declaring a national emergency to address threats posed by foreign adversaries to the U.S. bulk-power system and authorizing the Department of Energy to restrict related transactions. The report noted that China holds nearly 30% of the market share in certain transformer and switchgear markets, accounts for over 40% of U.S. battery imports, and supplies approximately two-thirds of global optical transceivers. The Trump administration is working to reduce this dependence and is reportedly drafting a ban on imports of Chinese optical transceivers.
05:33
Boeing's acquisition of Spirit AeroSystems for $8.4 billion has since uncovered substantial previously unidentified liabilities, resulting in a pre-tax loss of $339 million for the first half of 2026.
05:29
Barclays Plc's head of European equity strategy, Emmanuel Cau, believes that September seasonality, the midterm elections, rate volatility, and upcoming AI IPOs are building the case for stock investors to selectively reduce risk.
05:26
Hong Kong's benchmark Hang Seng Index fell 97 points, or 0.4%, to 25,213 on Thursday, with the tech index dropping 1.1%. Online fast-fashion retailer Shein Global Holdings saw its shares plunge 8.7% on its third day of trading in Hong Kong.
05:23
Counterpoint Research data shows that Samsung Electronics significantly narrowed the gap with SK Hynix in HBM chip market share in the second quarter. SK Hynix still holds the top position with a 50% revenue share, but this is down 8 percentage points from the previous quarter (previously 58%).
05:16
Russian President Vladimir Putin said on Thursday at the Eastern Economic Forum in Vladivostok that the Russia-Ukraine conflict must ultimately be resolved by the two countries, and he believes there is still a "chance for peace." However, he simultaneously accused Ukraine's previous warning for airlines to avoid Russian airspace as "state terrorism." Earlier, NATO Secretary General Jens Stoltenberg stated on Wednesday that Russia is becoming "increasingly reckless," citing incidents such as missiles and drones crossing Europe's eastern flank and a suspected Russian hybrid attack on Leipzig Airport in Germany last month. Ukrainian President Volodymyr Zelenskyy had urged airlines on Tuesday to avoid Russian airspace as Kyiv intensifies drone operations.

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