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9/8
06:45
Singapore's Deputy Prime Minister and Minister for Trade and Industry (Trade), and Chairman of MAS, Gan Kim Yong, stated in a parliamentary reply that the removal of the 5% cap on physical Investment Precious Metals (IPMs) from fund tax incentive schemes provides greater flexibility for Singapore-based fund managers and investors. This policy applies regardless of where the IPMs are vaulted, aiming to boost Singapore's gold trading and vaulting ecosystem. Palladium is not included as an IPM under these schemes, as its market is primarily driven by industrial demand.
06:45
CATL's managing director of Western Europe, Hank Zhao, and chief technology officer of AC systems, Bruce Li, stated in an exclusive interview that the energy storage industry needs to adopt automotive-level safety and quality standards. Zhao highlighted that unlike the automotive sector's comprehensive global standards, the nascent energy storage industry's lack of such frameworks has led to safety and quality issues, with more fires, poor performance, and bankruptcies expected if unaddressed. CATL is applying its automotive best practices to its energy storage business to ensure long-term reliability and safety.
06:33
Bloom Energy (BE) shares surged 26% in a week and 207% year-to-date after S&P Dow Jones announced its addition to the S&P 500 index as part of its September quarterly rebalance. This announcement follows Speaker Emerita Nancy Pelosi's August 21 disclosure of a multimillion-dollar position in Bloom Energy, acquired through her husband Paul Pelosi's accounts in late July, valued at a floor of $3 million.
06:31
Franklin Templeton Inc. is buying a majority stake in Stoneshield Capital, a European investment firm specializing in real estate and infrastructure, in a move to expand further into alternative assets.
06:23
Iran's Ministry of Foreign Affairs spokesman Esmaeil Baghaei stated on Monday that any military presence or participation by another country in the Gulf and the Strait of Hormuz would be regarded as direct support for the aggressor, threatening serious consequences. This warning comes as South Korea, under pressure from the US, is reportedly considering contributing to international measures to free up navigation in the Strait of Hormuz, a critical passage for its crude oil imports.
06:23
Egypt's Central Agency for Public Mobilization and Statistics (CAPMAS) announced on September 8 that Suez Canal revenues reached $505 million in July, a 42% year-on-year increase and the highest monthly level since December 2023. A total of 1,340 ships transited the canal that month, up 27% year-on-year.

The rebound in traffic is primarily due to the ongoing obstruction of the Strait of Hormuz caused by the Middle East conflict, which has prompted some oil-producing countries like Saudi Arabia to reroute a portion of their oil exports to the Red Sea, generating increased transit demand for the Suez Canal. Concurrently, some European shipping companies have resumed Red Sea routes, leading to signs of vessels that previously detoured via the Cape of Good Hope returning to the canal.

Osama Rabie, Chairman of the Suez Canal Authority, stated last week that full-year revenues for 2026 are expected to reach $5.8 billion to $6 billion, a significant increase from $4.1 billion in 2025.
06:22
The denim manufacturer cited global trade changes, evolving customer needs, cost pressures, supply chain considerations, and broader geopolitical circumstances for its decision to close the Jiaxing facility in Zhejiang province, which has been operational since 2007. Its Mexico operations will become the primary production platform.
06:22
The company stated that the move is intended to provide ample transition time for a successor.
06:22
Since March 2024, Funding Circle has repurchased approximately £72 million of its shares, representing about 18% of its issued share capital.
06:22
Funding Circle announced strong first-half results, with loan originations up 52% year-on-year to £1.7 billion, revenue up 50% to £138 million, and pre-tax profit quadrupling to £24 million.
06:17
Novartis' drug for a rare muscle-wasting disease failed in late-stage studies, marking the company's third clinical trial setback in a week. The drug, a core asset from Novartis' $12 billion acquisition of Avidity Biosciences, sparked concerns about its growth prospects following this failure.
06:15
Humo Digital will test HUMO payments with more than 20 merchants under a sandbox jointly overseen by NAPP and Uzbekistan’s central bank.
06:15
Ledger and Trezor state that if a vendor fails to fix a vulnerability within the agreed-upon disclosure window, researchers have a responsibility to publish their findings.
06:15
Cowan noted that South Africa's economy is showing resilience rather than a strong acceleration. He also added that Zimbabwe's recovery is benefiting from improved fiscal discipline, higher gold and lithium prices, and stronger agricultural exports.
06:14
Brazil has funded a rare-earth project by Viridis Mining and Minerals Ltd., as the country seeks to tap more of the world’s largest reserves outside China.
06:14
Elliott Investment Management has launched new legal action against the London Metal Exchange (LME), claiming its handling of the nickel crisis breached UK competition rules, according to the defendant’s parent company.
06:11
MicroStrategy has launched a Bitcoin-themed sneaker on its online store for $250. The design is inspired by the Nike Air Jordan 1 and features custom branding to reinforce the company's association with Bitcoin. However, the store's checkout options only support bank cards and digital wallets like Apple Pay, with no Bitcoin payment option available.
06:06
The analysis highlights Abbott's status as a Dividend King, having increased its dividend for 54 consecutive years. The company reported Q2 sales of $12.6 billion, up 13% year-over-year, with adjusted diluted EPS of $1.31, beating Wall Street expectations. Abbott also raised its full-year adjusted EPS forecast to between $5.45 and $5.60 per share, supported by growth in its medical devices and cancer diagnostics businesses. Wall Street analysts generally rate ABT a "strong buy."
06:06
China CITIC Consumer Finance disclosed on September 7 that the company recently received approval from the Beijing Regulatory Bureau of the National Financial Regulatory Administration, greenlighting the appointment of Fu Chengfeng as General Manager. This marks the completion of a new round of adjustments to the company's core management team, following Li Rudong's approval to serve as Chairman in August 2024. Fu Chengfeng has a long tenure within the CITIC Bank system, having previously served as Assistant General Manager of the Retail Credit Department at the head office, Vice President of the Hangzhou Branch, and President of the Yinchuan Branch. As of the end of 2025, CITIC Consumer Finance's total assets reached 13.337 billion yuan, a year-on-year increase of 16.84%.
06:02
Nikkei announced that Crasus Chemical, set to debut on Sept. 29 after separating from Nikkei 225 constituent Resonac Holdings, will be temporarily included in the benchmark stock index on its listing date and removed the following day. This move reflects the Nikkei 225's revised rules for handling spinoff listings, which were updated in July 2025.

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