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9/8
03:02
South African billionaire Patrice Motsepe’s near decade-long backing for phosphate producer Kropz Plc has backfired, with the company announcing the restructuring of its sole operating asset and one of its contractors warning of hundreds of job losses.
03:01
The new unit, Bit2Shield (legally registered as CryptoShield S.L.), will assist investigators during searches and seizures by extracting wallet data, locating crypto, and producing digitally signed forensic reports for use in court. It will also investigate fraud, certify the source of funds, and train police officers, judges, and banks. Bit2Shield will be led by Adrián Maroño, a former member of the Spanish Civil Guard’s Central Operational Unit.
02:59
The German automaker Volkswagen AG is considering offloading motorcycle manufacturer Ducati as part of a sweeping overhaul of its sprawling portfolio.
02:56
A London-listed fund run by Partners Group Holding AG has laid out plans for a shareholder vote that could lead to a wind-down of the vehicle.
02:45
Vista Land & Landscapes Inc., owned by Philippine billionaire Manuel Villar, is evaluating options to raise funds, including the sale of assets, to ensure it can meet obligations, including a $420 million bond that will fall due next July.
02:33
U.S. Treasury yields edged lower in Asian trade after Monday's Labor Day holiday, shrugging off a slight increase in oil prices, as investors await Friday’s CPI reading. The two-year Treasury yield fell 1.3 basis points to 4.363%, while the 10-year yield was down 0.4 basis points at 4.779%. ING strategists noted that last week的 payroll numbers were stronger than expected, confirming a hawkish bias for the upcoming Federal Reserve rate decision on September 16, with about 60% of a rate hike priced in.
02:32
The Bitcoin-affiliated Liquid Network suffered a $320 million hack, further damaging the cryptocurrency's reputation just as the industry attempts to convince banks and institutional investors that digital assets can be part of mainstream financial infrastructure. Previously, the Liquid Network had suspended operations after alleged "white hat" hackers extracted $320 million in Bitcoin; recent news indicates that the "white hat" hackers have returned $270 million in Bitcoin, accounting for 85% of the stolen funds, and the network is preparing to restart.
02:32
Hong Kong should consider allowing its Mandatory Provident Fund (MPF) to invest in a broader range of asset classes and attract more long-term, patient mainland Chinese capital, such as pension funds, to invest globally through the city, the Financial Services Development Council (FSDC) said in a report on Tuesday. The MPF, Hong Kong's mandatory retirement savings scheme, currently holds HK$1.67 trillion (approximately US$213 billion) in total assets, primarily invested in stocks, bonds, and deposits.
02:21
Investors are closely watching the U.S. Consumer Price Index (CPI) report, due out on Friday, which will be released ahead of the Federal Reserve's policy meeting next week. Federal Reserve Chairman Warsh has emphasized the importance of curbing inflation. Additionally, the strengthening yen has heightened market concerns about the unwinding of carry trades.
02:18
Spot gold rose as much as 0.7% to $4,435 per ounce in Asian trading on Tuesday, with analysts attributing its counter-trend rally to a weaker dollar. The Bloomberg Dollar Spot Index fell 0.1% on Tuesday, following a 0.2% decline on Monday, primarily driven by the Japanese yen approaching its year-to-date high against the dollar. Meanwhile, the conflict between the US and Iran has re-escalated, pushing Brent crude oil prices close to $100 per barrel. Traders are currently pricing in an approximately 60% probability of the Federal Reserve raising interest rates as early as next week. US consumer price data, due later this week, will be a key variable for the market to assess the Federal Reserve's policy direction.
02:18
Borrowers from around the Asia Pacific, with banks leading the charge, stormed the dollar bond market on Tuesday, unleashing one of the busiest sessions of the year in the region, as companies across the globe are primed to tap investors in force before interest rates go any higher.
02:16
S&P Global Market Intelligence expects South Korean chipmaker SK hynix to announce another share buyback of up to 40 trillion won ($28 billion) in the fourth quarter, driven by the AI memory boom. The firm also warns of a higher dividend bar for the company.
02:15
South Korean chip giant Samsung Electronics and Dutch chip equipment manufacturer ASML announced on Tuesday that they will expand their long-term collaboration on next-generation lithography technology, which is crucial for producing advanced AI chips. The partnership will focus on High-NA EUV lithography and advanced photomask solutions, areas expected to become increasingly important as chipmakers push the limits of semiconductor scaling.
02:11
Trinh Nguyen, Senior Economist for Emerging Asia at Natixis, stated that the Japanese Yen's fundamentals are "different this time" and have "significant room for volatility." She explained that the main reasons are the repatriation of funds by Japanese investors, interest rate hikes, the strong attractiveness of Japanese government bond yields, and the Yen being undervalued.
02:10
The proposed 6.3-gigawatt gas-fired power plant in Encinal, Texas, aims to meet surging electricity demand from the rapid expansion of AI data centers and advanced semiconductor facilities in the state, according to government sources on Tuesday.
02:05
Bridgepoint Credit has transferred €1.2 billion ($1.4 billion) of loans from an older direct-lending fund into a new continuation vehicle, according to a statement seen by Bloomberg.
02:02
★★★★★Previous 15.4BForecast 16BActual 21.3B Above forecast↑
01:54
South Korea's economy expanded in nominal terms at its fastest annual pace in nearly 47 years in the second quarter, with nominal gross domestic product rising 26.4% in the April-June period from a year earlier, the sharpest increase since the third quarter of 1979. This surge, driven by a semiconductor-led export boom, was reported by the Bank of Korea on Tuesday. Output for the quarter reached 834.9 trillion won ($622 billion), up 9.2% from the first quarter.
01:52
The decline at Africa’s biggest insurer by assets was due to risk-off sentiment from conflicts in the Middle East, which curbed investment returns.

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