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9/8
22:32
LX Pantos flies 11.2 million eggs from US and Thailand to South Korea to ease supply crunch
LX Pantos has flown 11.2 million fresh eggs to South Korea from the US and Thailand since mid-June, deploying 10 chartered freighters to help ease domestic supply disruptions. The shipments weighed a combined 800 metric tons. The latest operation, involving two Boeing 747 cargo planes, completed unloading and delivery at Incheon Airport on Friday, as part of government measures to stabilize egg supplies disrupted by avian influenza.
22:29
Wall Street strategists are divided on the outlook for the Japanese Yen's rally, with the Bank of Japan (BOJ) potentially raising interest rates by 25 basis points this month.
Wall Street strategists are divided on whether the Japanese Yen's recent rally can be sustained, despite the Bank of Japan's inclination to raise interest rates by 25 basis points this month to counter rising price pressures. Wells Fargo believes that the Bank of Japan may struggle to deliver more rate hikes than the market anticipates, thereby limiting further appreciation of the Yen. JPMorgan Chase, on the other hand, suggests that a stronger Yen itself could reduce the Bank of Japan's impetus to raise rates.
22:28
India intensifies scrutiny of Wall Street traders, as its securities regulator accuses a JPMorgan Chase unit of manipulating stock trades.
India's Securities and Exchange Board (SEBI) is intensifying its scrutiny of Wall Street traders, taking more aggressive action against prominent foreign institutions like JPMorgan Chase in its $5 trillion stock market. SEBI recently accused a Mauritian subsidiary of JPMorgan Chase of executing manipulative stock trades. Last year, SEBI also accused Jane Street of market manipulation, an accusation the US financial giant denied.
22:26
Gaon Cable makes Canadian debut with utility deal
The Korean cable-maker supplied medium-voltage cables to a major public utility in western Canada, marking its first entry into the country's power infrastructure market. This expands its North American business beyond private industrial projects, such as AI data centers and semiconductor plants, into public electricity grids.
22:17
China's three major A-share indices rose amid volatility in early trading, with the optical communications sector surging and Changfei Optical Fiber hitting the daily price limit; in Hong Kong, the Hang Seng Index and the Hang Seng Tech Index both fell, while crude oil rose nearly 4%.
On the morning of September 9, China's A-share market saw its three major indices fluctuate upwards, with the Shanghai Composite Index rising by 0.07%, the Shenzhen Component Index by 0.19%, and the ChiNext Index by 0.26%. Optical communication concept stocks collectively surged, with Yangtze Optical Fibre and Cable (YOFC) hitting its daily limit, while the AI application sector entered a period of adjustment. Concurrently, Hong Kong's Hang Seng Index fell by 0.25%, and the Hang Seng Tech Index dropped by 0.51%, with most tech stocks declining. In commodities, most domestic commodity futures fell, but crude oil rose by nearly 4%.
22:17
Analysts: Russia's Hybrid War in Europe Has Repercussions in Asia, China and North Korea Watch West's Response to Moscow's Tactics
Analysts say Russia's escalating hybrid attacks in Europe offer Asia lessons on how to prepare for modern warfare, with China and North Korea closely watching the West's reaction to Moscow's tactics. An example of such attacks includes the discovery of an explosives-packed drone near a runway at Leipzig/Halle Airport on August 5.
22:11
Japan's Retail Traders Add to Yen Shorts, Holding $23.5 Billion Net Short Positions as Currency Rallies
Japanese retail investors are betting against the yen’s sharp rally, adding to bearish wagers even as the currency climbs to its strongest levels in months. Individual traders held an estimated ¥3.61 trillion ($23.5 billion) of net short-yen positions last week, an increase from August, according to Bloomberg data.
22:06
Oman's second-largest bank, Sohar International, opened a representative office in Hong Kong this week, with its CEO attending the opening ceremony on Thursday.
Oman's second-largest bank, Sohar International Bank, will open a local representative office in Hong Kong this week. Its CEO, Abdulwahid Mohamed Al Murshidi, will attend the opening ceremony on Thursday morning. The new office is located in Two Cheung Kong Center, Central, Hong Kong, a move that underscores Hong Kong's role as a stable financial hub amid the Middle East conflict.
22:05
Lookonchain Monitoring: A new wallet deposited 11.9 million USDC to Hyperliquid and opened a 500 Bitcoin long position with 20x leverage.
On-chain monitoring platform Lookonchain has detected that a newly created wallet (0xcfe2) deposited 11.9 million USDC to the Hyperliquid platform and subsequently opened a long position of 500 Bitcoin with 20x leverage. This position is valued at approximately $39.44 million, with a liquidation price of $55,570.76.
22:04
DeepSeek's new funding round sparks costly shadow market with escalating fees and five-year lock-ups
21:54
Donald Trump refutes media reports claiming he did not visit the World Trade Center after 9/11 and did not speak at memorial events.
Former U.S. President Donald Trump posted on Truth Social, refuting reports by *New York Magazine* and "Maggot Hagerman" that he did not visit the World Trade Center after 9/11 or speak at 9/11 memorial events in New York. Trump stated that he went to the World Trade Center site with construction workers shortly after the 9/11 attacks and mentioned this during his speech at the "Tunnel to Towers" event in Washington D.C. today. He also noted that New York's 9/11 memorial events do not permit politicians to speak, and he has attended memorial ceremonies in New York multiple times, as well as going to the Pentagon event upon request.
21:54
Donald Trump Refutes New York Magazine and Commentator's Report on His Absence from World Trade Center Site After 9/11
Donald Trump posted on Truth Social, refuting reports by New York Magazine and commentator Hagerman that he did not visit the World Trade Center site after 9/11. He stated that he went to the site with a group of construction workers, not on the day of the collapse, but "shortly thereafter." Trump mentioned that he also discussed this matter today while speaking at the "Tunnel to Towers" event at the Ellipse in Washington D.C., and included video footage as evidence. He also pointed out that 9/11 memorial events do not allow politicians to speak, and his head of security, Matthew Calamari, has repeatedly confirmed to reporters that he visited the World Trade Center site.
21:48
Maybank Singapore CEO Alvin Lee says Asia's ultra-rich are investing in gold and digital assets, with wealthy Chinese migrating to Malaysia and Singapore seeing wealth return from Dubai.
21:35
Deutsche Bank Executive: Supply Chains, Not Anti-Dollar Campaign, Driving Yuan's Rise in Global Trade
Konrad Haunit, Deutsche Bank’s head of multinational corporate coverage for Asia-Pacific, Middle East and Africa, stated that the wider use of the Chinese currency, also known as the renminbi or yuan, has grown steadily over the past five years. This follows the German lender's appointment as Europe's first non-Chinese renminbi clearing house.
21:32
China Aug Inflation Rate MoM
★★★★★Previous -0.1%Forecast 0.3%Actual 0.4% Above forecast↑
21:31
China's National Bureau of Statistics: In August 2026, the national consumer price index (CPI) rose by 0.8% year-on-year, in line with expectations.
China's National Bureau of Statistics announced that in August 2026, the national Consumer Price Index (CPI) rose by 0.8% year-on-year. Specifically, urban areas saw an increase of 0.8%, rural areas 0.7%; food prices decreased by 1.4%, while non-food prices increased by 1.2%. In August, the national CPI rose by 0.4% month-on-month.
21:31
China's Producer Price Index (PPI) rose 3.8% year-on-year in August and 0.4% month-on-month.
The National Bureau of Statistics reported that during the same period, industrial producer purchase prices rose by 5.8% year-on-year and 0.3% month-on-month.
21:30
China Aug CPI YoY
★★★★★CPI YoYPrevious 0.5%Forecast 0.8%Actual 0.8%
PPI YoYPrevious 3.5%Forecast 3.7%Actual 3.8% Above forecast↑
21:28
Malaysian Ringgit Falls to 10-Month Low Against Singapore Dollar
The Malaysian ringgit fell to its lowest level against the Singapore dollar since November, reaching a 10-month low. This decline is attributed to foreign stock outflows from Malaysia, while the Singapore dollar is bolstered by the island state's hawkish monetary policy stance.
21:28
Mexico Slashes Pemex Aid by 70% to $4.8 Billion in New Budget
Mexico's government aims to reduce its financial support for state-owned oil company Petroleos Mexicanos' (Pemex) debt payments to 81.1 billion pesos ($4.8 billion) in 2027. This represents a nearly 70% cut from the 263.5 billion pesos ($15.6 billion) budgeted for this year.
21:25
China plans to allow its $568 billion social security fund to buy offshore bonds via Southbound Bond Connect, in a bid to boost demand for yuan assets in Hong Kong.
21:18
Former U.S. Trade Representative Schwab: U.S.-Canada Relations Remain Crucial, Cooperate Against Chinese Competition to Protect North American Industries
Former U.S. Trade Representative Susan Schwab stated that despite impending political friction, shared geography and deep economic ties will keep the United States and Canada aligned. She noted that joint cooperation on critical minerals and forming a united front against Chinese competition are crucial for protecting North American industries.
21:11
BOK's Rhee: FX Intervention Can Calm Volatility
Bank of Korea Governor Rhee Chang Yong stated that foreign exchange intervention can calm market volatility. He expressed surprise that recent market interventions appeared to be mainly by Japan and the US, rather than a broader G7 effort that would typically include European countries.
21:05
The Bank of Japan (BOJ) has warned the public to be vigilant against scams impersonating the BOJ or its employees. Scammers are using fake websites to solicit investments or request personal information.
21:04
BofA Securities expects Apple to launch its first foldable iPhone tonight, with a starting price of $2,099. The Pro series may see a price increase of $150-200.
Bank of America Securities analyst Wamsi Mohan, in a report published on September 8, highlighted three key points for Apple's product launch event tonight (1:00 AM Beijing time on September 10): the debut of the foldable iPhone (potentially named "iPhone Ultra" or "Fold"), expected to start at $2,099, making it the most expensive iPhone in Apple's history; a potential price increase of $150 to $200 for the iPhone 18 Pro/Pro Max due to rising memory and storage costs; and the standard iPhone 18 series being delayed until spring 2027, meaning only the Pro series and foldable models will be available for this year's autumn holiday sales season. Additionally, the report also focused on whether Apple Intelligence will officially launch in the Chinese market, as well as new products like the Apple Watch Series 12 and AirPods 5.
21:01
Lookonchain: Whale 0xEe0A has deposited 232,610 $HYPE ($19.67M) into Bybit and Gate exchanges over the past 2 weeks, selling for profit.
21:00
The yuan is replacing the yen as the focus of carry trades as the soaring Japanese currency forces investors to seek alternatives, strategists say.
20:57
Hedge Funds Bet Yen Will Strengthen Beyond 150 by Year-End, With Some Options Targeting 140
Hedge funds are betting dollar-yen will fall below 150 by year-end, with some longer-dated options trades targeting a move as low as 140. According to Chicago Mercantile Exchange Group data, the most-active dollar-yen option on Tuesday was a put option expiring in November with a 142.86 strike price. The total put volume of contracts expiring by year-end was over triple that of calls. Dollar-yen traded at 153.61 at 8:44 a.m. Hong Kong time on Wednesday.
20:53
OpenAI CBO: Internal Model Solves Navier-Stokes Problem, In-house Chip Jalapeño to Enter Production This Year
OpenAI Chief Business Officer Sarah Friar stated in her latest article that GPT-6 Astra is the most intelligent and aligned model to date, and the company currently has over 1 billion weekly active users and 2.5 million enterprise clients. She disclosed that an internal OpenAI model has provided a solution to the Navier-Stokes Millennium Prize Problem, a mathematical challenge that has remained unsolved for nearly 90 years. Additionally, OpenAI's first self-developed inference chip, Jalapeño, is planned for deployment by the end of the year, with its peak token throughput per watt being 1.5 to 1.9 times higher than existing commercial systems, and end-to-end latency reduced by 1.7 to 3.6 times. GPT-5.6 Sol has already reduced end-to-end service costs by 20% and improved token generation efficiency by over 15%.
20:49
Seoul shares open higher Wednesday, with KOSPI up 0.93% to 7,019.5, driven by chip gains despite Middle East tensions
South Korean shares opened 0.26% higher, with the benchmark Korea Composite Stock Price Index (KOSPI) extending gains to trade 65.98 points, or 0.93%, higher at 7,019.5 as of 9:15 a.m. The rise was attributed to gains in major chipmakers, which offset lingering concerns over escalating tensions in the Middle East and rising oil prices. Overnight, US stocks ended lower due to heightened Middle East tensions and rising oil prices, though the Philadelphia Semiconductor Index gained 1.3%.

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