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9/4
02:03
After South Korean regulators tightened trading rules on single-stock leveraged ETFs at home, retail investors' demand for leveraged bets has largely flowed into US-listed products. This has led Koreans to own unusually large portions of several leveraged ETFs, giving them an outsized presence in parts of the US market and potentially contributing to recent trading volumes that disrupted daytime access to popular products.
01:56
India's economy grew by 7.8% in the June quarter, exceeding expectations, but former Finance Secretary Subhash Chandra Garg accused the data of being artificially inflated by compressing the previous year's corresponding figures. Garg claimed that the GDP for the April-June 2025 quarter (at current prices) was lowered by 6 trillion rupees (approximately $63.5 billion) in the latest data, making the year-on-year figures for the latest quarter appear more favorable. India's Chief Economic Advisor V Anantha Nageshwaran refuted this claim, calling it "out of context" and explaining that the latest GDP data was compiled based on a new benchmark for the fiscal year ending March 2023, and the change in methodology led to revisions in last year's quarterly data. India's Commerce Minister Piyush Goyal responded by stating that India's 7.8% growth is "realistic."
01:53
The company is subsidizing access to its Daybreak security platform, following the unveiling of its Astra AI which can independently find previously unknown software flaws and turn them into working attacks.
01:52
The Korean retail group is expanding its role in the government-backed expertise program, launched on Thursday in Washington at the Donald J. Trump Institute of Peace. Chung attended the event at the invitation of US Vice President JD Vance and the US Department of State.
01:47
Korea Exchange (KRX) Chair and CEO Jeong Eun-bo signed a cooperation agreement with the New York Stock Exchange (NYSE) in New York on Thursday, aiming to deepen ties on longer trading and faster settlement. Earlier, Jeong pitched South Korea’s capital market reforms to global investors at a roadshow hosted by KRX and BofA Securities, drawing about 30 major institutional investors.
01:42
At its "Dyson Unveiled" event in Berlin on Thursday, Chief Engineer Jake Dyson stated the company is shifting its focus from mechanical performance to products that can interpret and respond to data about their surroundings. The company is introducing a new robot cleaner family alongside its first oral-care device and updated air-treatment and beauty products.
01:27
Under the new guidelines, businesses are not obligated to negotiate profit-sharing with workers.
01:26
South Africa’s Industrial Development Corp. plans to sell its stake in a Namibian uranium project because the mine’s backers include Iranian and Russian entities.
01:16
Bitcoin's purchasing power against gold has reached its highest level since January, with one bitcoin now able to buy over 18 ounces of gold, CoinDesk reported.
01:13
Dimitris Maniatis, CEO of Marisks, stated that the latest intelligence assessment has lowered expectations for a near-term escalation of the situation in the Strait of Hormuz, following previous analyses that indicated increased risk. He mentioned that 25 vessels passed through the southern corridor under the guidance of the US military the previous day, and vessel traffic is continuing. Maniatis also noted that attractive returns are drawing shipowners back to the route, and while crews remain cautious, they are willing to transit with bonuses, safety support, and proper risk assessment.
01:07
Global government bond yields have surged this week, reflecting investor anxiety that inflation could remain structurally higher due to rising debt, tariffs, defense spending, and energy shocks. The U.S. 10-year Treasury yield climbed to its highest level since November 2023, while Japan's 10-year government bond yield moved above 3% for the first time since 1996. Additionally, the U.K. 10-year Gilt yield hit a post-2008 high, and German 10-year bund yields rose to levels not seen since 2011. This sell-off also comes as market odds for a 25-basis-point rate hike at the September Federal Open Market Committee meeting rose to over 66% following Federal Reserve Chairman Kevin Warsh's speech on August 28.
01:03
Chinese leveraged traders continue to unwind their bets on stocks, as unease over rising global bond yields and a lingering oil shock add uncertainty to the artificial intelligence trade. The outstanding balance of stocks bought with borrowed money dropped to 2.62 trillion yuan (US$390.1 billion) on Thursday, 13 per cent below an all-time high of 3.01 trillion yuan set on June 25.
00:48
The original tweet by @niccruzpatane (retweeted by Elon Musk) states that Cybercab's brake-by-wire system uses electronic actuators to generate clamping force, rather than traditional hydraulic fluid. This design improves efficiency by allowing the brake pads to fully disengage and enables Tesla to finely tune the braking system for the smoothest possible braking.
00:39
The agreement includes parallel investigations and information sharing, with US and UK authorities planning a private-sector disruption operation in London in October.
00:32
The Financial Times reports that Texas's economic growth over the past 30 years has been driven by offering additional conveniences to businesses, but the rapid development of the data center industry is now challenging its long-standing economic model.
00:31
The Financial Times' analysis indicates that Asian culture holds a distinctly different attitude towards technology compared to the West, which views technology as a threat, whereas Asia does not.
00:31
The manager of Norway's $2 trillion oil fund has submitted recommendations to the Ministry of Finance aimed at enhancing the fund's returns by adjusting its bond holdings.
00:30
The Japanese Yen strengthened significantly this week, appreciating by nearly 3% on Wednesday and Thursday combined, marking its largest two-day gain since August 2024. This rally was primarily driven by hawkish statements from Bank of Japan (BOJ) Governor Kazuo Ueda and board member Hajime Takata, both of whom hinted at the possibility of a substantial interest rate hike at the BOJ's monetary policy meeting on September 18. The interest rate swap market has fully priced in a 25 basis point rate hike by the BOJ this month, and an additional approximately 75 basis points of hikes by July next year. This has put systemic unwinding pressure on carry trades funded by low-interest Yen, with capital withdrawal extending beyond USD assets. High-yielding currencies such as the Brazilian Real, South African Rand, and Mexican Peso all fell by over 1% against the Yen on Thursday. Nomura Securities predicts that a 25 basis point rate hike by the BOJ this month is reasonable, and if the Yen's depreciation trend continues towards 160, consecutive rate hikes in October and December are not impossible.
00:18
MSCI’s emerging market stock index jumped as much as 1.1%, while a similar currency gauge rose 0.2%. Investors pared bets on a Federal Reserve interest-rate hike this month, sending the dollar lower, after Fed Governor Christopher Waller said he would favor keeping rates unchanged if inflation continues to ease.

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