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9/6
22:10
The Korean won strengthened to its strongest level against the dollar in nearly two years on Monday, with extreme upward momentum, driven by a rally in semiconductor stocks and sustained foreign inflows into South Korea's benchmark stock index.
22:05
Matt Maley, chief market strategist at Miller Tabak, stated that the US 10-year government bond yield faces a critical test at 4.8%, and a sustained breach of this level could cause "serious problems" for other asset classes.

Maley pointed out that rising fiscal deficits, massive debt issuance, and substantial corporate borrowing continue to pressure long-term yields, while US Treasury Secretary Scott Bessent's attempts to verbally intervene and push down yields have so far been ineffective. HSBC also adopted a more cautious stance on long-dated developed market bonds, raising its forecast for the US 10-year government bond yield to 4.65% by the end of 2026, up from 4.30%, and increasing its forecast for the German 10-year government bond yield to 3%.
22:01
On September 7, Moore Threads, a leading A-share computing chip company, hit a 20% daily limit down in early trading, reaching a new low since its listing, with its total market value falling below 200 billion yuan. The news comes as 25.7745 million shares of Moore Threads' initial public offering (IPO) and public additional offering's offline placement shares became eligible for trading today.
22:01
On September 7, Hong Kong stocks opened lower and continued to fall in early trading. The Hang Seng Index dropped 0.44%, and the Hang Seng Tech Index fell 0.82%. Most internet and tech stocks were under pressure, with Xiaomi falling over 4% and Baidu plummeting 5%.
22:01
On September 7th, China's A-share market saw its three major indices open higher and continue to rise in early trading. As of the time of writing, the Shanghai Composite Index was up 0.29%, the Shenzhen Component Index rose 0.95%, and the ChiNext Index gained 1.70%. The hashrate hardware sector performed exceptionally well, with significant gains across areas such as copper clad laminates, circuit boards, optical circuit switches, optical modules, HBM, optical communications, and high-speed copper connections.
21:56
According to The Information on September 6, Anthropic has intensively signed computing power agreements since October last year, with a total potential expenditure of up to $517 billion, securing at least 14.8 gigawatts of computing capacity. Although its annualized revenue has exceeded $65 billion, surpassing OpenAI's $40 billion, its computing power reserves are still below OpenAI's planned target of 30 gigawatts. Key suppliers include Amazon, Google, Microsoft, and SpaceX.
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.

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