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9/9
16:19
Japan to Fund Overseas Biofuel Projects to Enhance Domestic Energy Security and Reduce Fossil Fuel Dependence
Japan's government plans to co-invest in overseas biomass fuel projects with private companies, aiming to diversify energy sources away from fossil fuels, Nikkei has learned.
16:17
WTI crude oil rose 4.1% intraday, now at $96.840.
16:13
Treasury Secretary Bessent's planned GOP convention speech raises questions about his bond-market credibility
U.S. Treasury Secretary Scott Bessent's upcoming prime-time speech at the Republican midterm convention in Dallas on Wednesday marks the first time in 50 years a sitting Treasury secretary will speak at a national political convention. This move is raising concerns about how his political role could affect market confidence in his management of U.S. debt markets. The speech comes as the Treasury Department announced a $6 billion long-term debt buyback this week, with 10-year Treasury yields rising to 4.84% mid-afternoon Wednesday, higher than any point of Trump's term.
16:10
Bloomberg: Palmer Square Capital Management, a $37 billion credit firm run by a husband and wife, is exploring a sale.
Bloomberg reported that Palmer Square Capital Management, a $37 billion credit firm run by husband and wife Chris and Angie Long, is exploring a sale of its business. Under their leadership, the company has grown to become one of the largest issuers of collateralized loan obligations (CLOs).
16:06
Apple unveils Apple Watch Series 12 and Ultra 4, featuring new AI-powered "Audio Intelligence"
Apple Inc. on Wednesday unveiled the Apple Watch Series 12 and Apple Watch Ultra 4. Both smartwatches feature no major hardware updates but introduce several AI-driven software features, including "Audio Intelligence" and "Sound Recognition," which offer real-time conversation recall and environmental sound alerts. The Apple Watch Series 12 starts at $399, and the Ultra 4 starts at $499. Pre-orders begin today, with availability on September 18.
16:06
Apple unveils its first foldable phone, the iPhone Duo, starting at $1,999, with pre-orders beginning October 16.
Apple Inc. on Wednesday unveiled its first foldable phone, the iPhone Duo, featuring a 7.6-inch Retina display when unfolded and a 5.4-inch external screen. The iPhone Duo is equipped with a 48-megapixel main camera and an ultra-wide-angle camera, with a hinge made of 5-grade aluminum. Starting at $1,999 (256GB storage), pre-orders will begin on October 16, with official market availability on October 23.
15:58
China slams US claims of “industrial-scale” AI theft, with Commerce Ministry dismissing allegations and warning of countermeasures
China's Commerce Ministry on Wednesday forcefully replied to claims by three US agencies (FBI, NSA, CISA) that top Chinese AI companies like DeepSeek, Alibaba, and Moonshot AI have engaged in “industrial scale” theft of US AI models. The ministry dismissed the allegations as an attempt by the US to monopolize the AI industry and warned of resolute countermeasures if the US suppresses Chinese AI companies under the pretext of targeting distillation.
15:57
Yemen's Ambassador to Qatar: Houthis Trying to Drag Saudi Arabia into War by Attacking its Territory
15:46
Anthropic is set to finalize an expansion of its revolving credit facility to $15 billion, clearing a hurdle before its highly anticipated IPO
15:39
Canada's Enbridge Nears $2 Billion Deal to Acquire Major US Oil Pipeline from Blackstone's Tallgrass Energy
15:32
Republicans to tout congressional stock-trading ban at midterm convention, even as Trump disclosed over 21,000 trades in 2025
Republicans are making a congressional stock-trading ban part of their anti-corruption pitch at their midterm convention, with Rep. Anna Paulina Luna expected to call for restrictions. This comes as President Donald Trump's investment accounts remain highly active, disclosing at least $858 million in assets and more than 21,000 trades in 2025. The House-passed restrictions promoted by Republicans would apply only to members of Congress, not the president.
15:23
Apple announced that AI and 3D printing technologies were used in the manufacturing of the hinges for its highly anticipated foldable phone, the Duo.
Apple's Chief Hardware Officer Johny Srouji revealed at Wednesday's "Surprise and Shine" event that the company utilizes AI algorithms during manufacturing to precisely match each hinge with its most compatible casing. This process involves confocal laser scanning the topology of each unit and 3D printing up to 25 layers of custom photopolymer microlayers to eliminate residual ripples.
15:14
US records hottest summer in 132 years, NOAA says
The National Oceanic and Atmospheric Administration (NOAA) announced on Wednesday that the contiguous United States experienced its hottest summer on record, with an average temperature of 23.6 degrees Celsius (74.4 degrees Fahrenheit) from June through August. This was 1.7C (3F) above the 20th-century average and 0.2C (0.4F) hotter than the previous record. August also marked the hottest August on record. NOAA noted that four of the five hottest US summers have occurred in the past five years, attributing this broader warming trend largely to the burning of fossil fuels.
14:54
Gaza faces severe medical oxygen crisis as only 12 of 34 oxygen-generation stations remain operational
The besieged enclave's health crisis is worsening, with only 4 of 30 devices used to fill oxygen cylinders also still working, according to the Gaza Ministry of Health. Israeli authorities continue to restrict the entry of spare parts and new oxygen plants, exacerbating the shortage. The United Nations estimates about 350,000 people in Gaza are living with chronic diseases, with treatments severely disrupted by the war.
14:54
Zelenskyy’s plane ‘almost hit’ by drone on way to Oslo, Norwegian PM says
Norwegian Prime Minister Jonas Gahr Store said a plane carrying Ukrainian President Volodymyr Zelenskyy from Moldova to Oslo was almost hit by a drone. Store told Norwegian public broadcaster NRK on Wednesday that the incident happened when the jet took off from Moldova. Zelenskyy arrived in Norway’s capital on Tuesday evening to attend the funeral of Norway’s King Harald V.
14:54
Pakistan warns Mecca defence pact could be activated if Houthi attacks on Saudi Arabia continue
Pakistan's Defence Minister Khawaja Asif stated on Tuesday night that any unprovoked aggression or spillover from Yemen into Saudi Arabia would activate the recently signed Mecca Joint Defence Agreement. The pact, signed last month by leaders from Saudi Arabia, Turkiye, and Pakistan, commits to collective deterrence against aggression, mirroring a NATO stipulation where a strike on one member is considered a strike on the entire group. The warning follows Houthi rebels' attacks in southern Saudi Arabia on Tuesday, which Riyadh reported wounded at least 73 people.
14:36
Trump says negotiation with Iran could happen
14:36
Trump on Iran: "We're not looking for a deal"
14:36
Trump on Iran: I'm doing much more than a nuclear deal
14:35
Donald Trump stated that the war in Iran would end immediately after the election.
14:34
CNBC reports that with U.S. stocks near all-time highs and bonds selling off, financial advisors are recommending investors consider rebalancing their portfolios.
Financial advisors suggest that given the global bond sell-off and US equities hovering near historical highs, now might be a good time for investors to rebalance their asset allocation to target risk levels. For example, the S&P 500 index rose by 24%, 23%, and 16% respectively between 2023 and 2025, while the bond market has been in a continuous decline since the outbreak of the Iran war in late February, with the 10-year US Treasury yield hitting its highest level since 2023 on Wednesday. This has likely led to many investors' portfolios being overweighted in stocks, exceeding their expected risk.
14:34
Trump says it will take a little bit longer for gasoline prices to come down.
14:33
Trump says a bilateral meeting could happen
14:33
EIA Significantly Raises Oil Price Forecast: Brent Crude Expected to Average $91 in 2026 Due to Greater-than-Expected Middle East Supply Disruptions
In its latest Short-Term Energy Outlook (STEO) released on September 9, the U.S. Energy Information Administration (EIA) raised its forecast for the average Brent crude oil spot price to $91 per barrel in 2026, an increase of $4, and to $74 per barrel in 2027, an increase of $5. The EIA also projected that Brent crude oil would average approximately $90 per barrel in the second half of this year, $8 higher than its August forecast. This adjustment is primarily attributed to longer-than-previously-expected disruptions to Middle Eastern oil supplies, with some Middle Eastern oil production capacity anticipated to remain offline for several months due to restricted transit through the Strait of Hormuz and the Bab el-Mandeb Strait.
14:32
Japan's Marubeni aims for a trading-house leading 15% ROE by mobilizing cash and raising investment/shareholder return targets
14:31
Donald Trump stated that oil prices will plummet after the election.
14:17
Vitalik shared a tweet from the Tor Project, which detailed a year's worth of progress and experiences with the Tor VPN Beta.
Ethereum founder Vitalik Buterin retweeted a post from the Tor Project. The Tor Project stated in its tweet that the Tor VPN Beta, soft-launched a year ago, aims to extend Tor's privacy protection to the entire Android device. Since its release, they have learned how users interact with the product in real-world scenarios, and introduced its "per-app circuit isolation" distinguishing it from commercial VPNs, user experience lessons learned when bypassing blockades, and the mobile foundation built for the future.
14:17
Brent crude oil surpasses $100/barrel as new Middle East attacks spark supply concerns.
Brent crude prices surged past $100 a barrel following new attacks in the Middle East, intensifying market concerns over oil supply.
14:10
Donald Trump proposes a major overhaul of the 2030 U.S. Census, aiming to restrict the count to citizens and permanent residents, and eliminate questions about race and ethnicity.
The Trump administration has proposed significant reforms to the 2030 U.S. Census, planning to limit the count to U.S. citizens and permanent residents, excluding undocumented immigrants and temporary legal immigrants. Additionally, the proposal would eliminate race and ethnicity questions from the census. As census data determines congressional representation and the allocation of federal funds, these changes could significantly impact states with large immigrant populations. The proposal is now open for a 30-day public comment period and may face legal challenges.
14:09
Apple Introduces 'Apple Reference Image' to Prove iPhone Photos' Authenticity, Countering AI Edits
The feature, announced Wednesday during its Surprise and Shine event, is initially available for iPhone 18 Pro. It works by capturing signed sensor data from the main camera, which Apple's Private Cloud Compute service then converts into an unalterable reference image viewable in the Photos app. This reference image can be compared with other versions to detect any alterations. Apple will also provide APIs for developers and support the SynthID standard to aid in AI image detection.

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