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9/6
21:36
After months of conflict, global oil markets are showing new signs of strain, with anxious buyers and pressured executives gathering in Singapore for the region's main industry conference to confront escalating risks.
21:25
Thai Prime Minister Anutin Charnvirakul is increasingly eyeing Chinese investment to revive a sluggish economy that lags in advanced industries such as semiconductors, as he marks one year in office.
21:18
Brent crude rose 0.4% and West Texas Intermediate (WTI) crude climbed 0.6% to $92 a barrel on Monday after the Iranian Islamic Revolutionary Guard Corps Navy claimed responsibility for attacking several oil tankers and U.S.-linked vessels in the Strait of Hormuz. The conflict has heightened market concerns about inflation and diminished the near-term prospects for a ceasefire between the U.S. and Iran.
21:03
Hong Kong's top financial regulators have urged local banks to make greater use of the city's growing pool of offshore yuan liquidity, while also flagging the need to prepare for a coming wave of autonomous AI systems used in the financial sector.
20:52
Leader Kim Jong Un attended the commissioning of the vessel on Sunday, stating it will form part of Pyongyang's nuclear response system and strengthen naval forces. The warship, formally deployed at Wonsan Port, shares weapon systems with the 5,000-tonne Choe Hyon warship, which analysts say can carry a nuclear payload.
20:36
Morgan Stanley’s investment banking chief in Australia said the collapse of Bathla Group will have significant impacts on the economy at a time when sliding house prices could curb consumer spending.
20:26
South Korea's KOSPI index opened sharply higher on Monday, up 3.33% at 6,909.61 points, with technology stocks performing strongly. This follows an escalation of military conflict between the United States and Iran overnight, with Iran claiming to have attacked oil tankers and several U.S.-linked vessels in the Strait of Hormuz in retaliation for U.S. attacks.
20:26
The United States is prepared to raise concerns about artificial intelligence safety with China during the upcoming summit between the two countries' top leaders, opening a window for dialogue despite their differences in the technology sector, Nikkei Asia reported, citing sources. Chinese President Xi Jinping is scheduled to visit Washington later this month.
20:23
Japanese stocks rose in early trading, buoyed by sustained optimism for AI-related demand and signs of a strengthening US economy. SoftBank Group climbed 6.2%, Tokyo Electron gained 4.5%, and Lasertec advanced 7.1%.
20:11
Jaguar Land Rover (JLR) plans to cut 4,000 jobs over the next two years through a voluntary redundancy program, as it seeks to achieve £1.7 billion in savings. Britain's business minister, Jonathan Reynolds, is scheduled to meet with JLR's CEO this week to discuss the job cuts. The carmaker, owned by India's Tata Motors, stated it needs to adapt to evolving global market conditions, citing impacts from US tariffs and competition from Chinese models. The job cuts are expected to be announced on Monday.
20:04
Judy Hsu Chung-wei, Standard Chartered's CEO of Wealth and Retail Banking, said last week that the bank plans to increase investment and hiring in wealth centers in Hong Kong, mainland China, and Taiwan to attract more affluent clients. She added that Standard Chartered doubts Beijing's strengthened enforcement of cross-border investment taxes will harm the wealth management industry.
20:00
Elon Musk reposted a tweet from @yunta_tsai, which states that for the first time in Earth's history, the path is visible to cure cancer, slash traffic deaths, give anyone high agency regardless of their physical condition, and reach the stars by scaling compute and energy. The tweet concludes with a call to action: "Don’t squander it."
19:59
Rezaei, Secretary of Iran's Supreme National Security Council, announced on the 6th that in the coming days, Iran will declare a "no-go zone" in the Strait of Hormuz region. This zone will extend from the U.S. naval blockade line into parts of the Persian Gulf. Any vessel entering this "no-go zone" will be added to Iran's sanctions list. Rezaei also announced that the agreement reached between Iran and Oman regarding a shipping chart for the Strait of Hormuz "will be signed in the coming days."
19:58
Tamboran Resources Corporation and joint venture partner Daly Waters Energy, LP (DWE) delivered the first gas from the Shenandoah South Pilot Project in Australia's Northern Territory Beetaloo Basin into the Northern Territory gas network over the weekend, marking the basin's initial volumes to market. Production is expected to progressively ramp up to the full 40 terajoules per day (TJ/d) contracted to the Northern Territory Government by early 2027.
19:52
The Bank of Japan (BOJ) announced today that the monetary base for August 2026 was 543.7652 trillion yen, a 2.4% decrease from the same period last year. Current account balances at the BOJ were 390.5362 trillion yen, down 3.0% from the same period last year.
19:42
The private equity giant sold up to 25% of the real estate investment trust, which it backs alongside local partner Sattva Group. The fully subscribed offering, completed September 1, was the largest share sale by a private shareholder in India via this method. The sale, at a discount of 4.7% to the prior close and 13% to net asset value, allows Blackstone to recycle capital after the trust gained roughly 10% since its August 2025 listing.
19:42
If you had invested $10,000 in the Vanguard S&P 500 ETF (VOO) ten years ago, as of September 3, 2026, that investment would now be worth $38,212; with dividends reinvested, its value would reach $41,688. The article notes that the stock market has performed exceptionally strongly over the past 15 years, with the S&P 500 index's average annual return approaching 10% in the long term.
19:37
Yahoo Finance cited Warren Buffett's view that despite the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite repeatedly hitting new highs in 2026, returns have stagnated in the single digits since May. Market volatility has been driven by tech stock fluctuations, rising interest rate expectations, increasing oil prices, and escalating tensions in the Middle East. Buffett reiterated his advice from the 2008 financial crisis to "buy American," arguing that bad news is the best time for investors to buy into the country's future at a discount. He noted that Berkshire Hathaway held approximately $373 billion in cash and U.S. Treasury bills earlier this year, stating, "If there's a big decline, we'll deploy capital." Buffett likened the current market to a "church with a casino attached," citing the boom in short-term options trading as an example of heightened speculative sentiment. He emphasized that the best buying opportunities arise when the market collapses and no one is answering calls, and cautioned investors against selling during market panic, as history shows that long-term investing often outperforms market timing.
19:26
Workday announced second-quarter revenue of $2.65 billion, a year-over-year increase of nearly 13%, exceeding analysts' expectations of $2.64 billion. Subscription revenue grew by 13.9% to $2.471 billion. AI products drove over $100 million in new Annual Contract Value (ACV), accounting for more than 25% of total new ACV, with Annual Recurring Revenue (ARR) approaching $600 million. Non-GAAP operating margin expanded to 31.1%, an increase of 212 basis points year-over-year. However, the company projects subscription revenue growth of approximately 11% for fiscal year 2028, lower than the current growth rate of 13% to 14%. Management stated that current AI adoption is more substitutional than incremental.
19:21
Walmart plans to use its roughly $2.9 billion tariff refund to lower prices for consumers, having already reduced prices on about 11,000 products. Home Depot received $730 million in refunds, using $685 million to reduce the cost of goods sold and boost gross margin by 0.3 percentage points. In contrast, Lowe's stated it would not use its refund to cut prices, prioritizing shareholder profitability.
19:12
Australian retirement village operator Ingenia Communities said in an exchange filing on Monday that a conditional, non-binding indicative takeover proposal of A$4.75 per share, totaling A$1.9 billion (approximately US$1.4 billion), from private equity giant Warburg Pincus "significantly undervalues the company and is not in the best interests of its security holders."

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