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9/15
00:52
Moody's Corp. has agreed to acquire a minority stake in Philippine Rating Services Corp. as the global credit ratings firm looks to tap the growth of debt markets in the Philippines and across Southeast Asia.
00:51
Korea Water Resources Corp. (K-water) announced it has secured original proponent status for a water infrastructure project in New Clark City, Philippines. The development is expected to exceed 1 trillion won ($740 million) in total value. K-water CEO Yoon Seog-dae received the certification on Monday from the Bases Conversion and Development Authority.
00:42
The People's Bank of China set the reference rate at 6.7670 per dollar on Tuesday, marking its longest strengthening streak since December 2025. This move aims to offset the dollar’s recent gains ahead of President Xi Jinping’s summit with US counterpart Donald Trump later this month.
00:39
Samsung Electronics and Verizon have tested artificial intelligence-powered integrated sensing and communication (ISAC) technology, turning mobile networks into real-time crowd sensors. This potential 6G application was demonstrated in a live environment at a major international soccer fan event in Dallas in July. Samsung stated this was the industry's first AI-based ISAC field trial conducted over a virtualized radio access network.
00:39
Global X, the US exchange-traded fund arm of Mirae Asset Global Investments, launched the Global X MLCC & Electronic Components ETF, which started trading Friday on the Cboe BZX Exchange. The actively managed fund invests in manufacturers of multilayer ceramic capacitors (MLCCs) and other electronic components, which are essential for regulating power and filtering electrical signals in AI servers, electric vehicles, and smartphones.
00:39
CICC Chief Economist and former China State Administration of Foreign Exchange (SAFE) official Yanliang Miao reacts to the August economic activity data released by Beijing. He also discusses AI's impact on the economy with David Ingles and Yvonne Man on "Bloomberg: The China Show."
00:36
The Transaction V1 update raises Solana's transaction limit, providing developers with more capacity for multi-step trades, company-wallet approvals, and privacy proofs, which gives it an edge over Ethereum.
00:36
Ethlabs developer Derek Chiang stated that Ethereum and Base developers have ceased collaboration on unifying the account abstraction proposals EIP-8130 and EIP-8141, and will now pursue independent standards. The two parties failed to reach a shared standard due to differing priorities, with Ethereum focusing on censorship resistance, privacy, and security, while Base optimizes for scale, customization, and compliance. If both proposals are implemented as planned, wallet developers may need to support two native transaction formats.
00:31
CoinEx stated that falling trading volumes and liquidity, coupled with rising regulatory and compliance costs, have exceeded "reasonable boundaries." Withdrawals will remain open until December 22.
00:28
International flows into American equities have exceeded government debt for the first time this century, excluding periods during the pandemic and the aftermath of the global financial crisis.
00:27
Financial Times analysis suggests that while firms such as KPMG and EY are rapidly adopting AI technology, the excitement might be excessive as human involvement remains necessary.
00:22
Citigroup has appointed Sophia Wang as a managing director and head of China financial-institutional sales and senior relationship management (SRM). Wang joined the bank on Tuesday, marking the latest move by the Wall Street lender to deepen its footprint in mainland capital markets.
00:22
US manufacturers are reportedly being hit by a new wave of supply chain cost inflation. This is primarily due to Donald Trump's Iran war and tariffs driving up input prices, while the AI boom has also squeezed the availability of certain components.
00:22
The Financial Times reported that Poland's attempt to use digital currencies for an oil trade became one of its biggest scandals, resulting in a loss of $230 million.
00:05
The U.S. Department of Justice has filed a civil forfeiture complaint against approximately $61 million in crypto proceeds from black-market sales of sanctioned Iranian crude oil and petroleum products. Prosecutors alleged that two Chinese companies, Blessed Trust and Hexa Whale, used trading accounts on Binance to launder these funds to the Iranian government and its proxies. The DOJ also identified a series of interrelated unhosted crypto addresses that have received and distributed more than $1.5 billion of proceeds from illicit Iranian oil sales, funneling funds to IRGC-related businesses and an Iranian crypto exchange.
00:00
The gains followed the Indian banking regulator’s refusal to exempt the conglomerate’s holding company Tata Sons Pvt. from a rule that requires it to go for a public listing.
9/14
23:59
The event, Korea's largest capital market IR activity, will feature 42 institutions and 55 listed companies, aiming to bring together domestic and international investors to discuss key issues and future directions for the Korean capital market. The three-week event will include approximately 25 sessions, such as policy conferences, IR programs for listed companies, a KOSDAQ market competitiveness seminar, a venture capital exit market revitalization seminar, and a global bond market forum.
23:57
Indian bonds declined after the central bank said it would sell sovereign notes to drain cash from lenders, adding to the supply of debt in a year when the market is already under pressure from record government borrowing.
23:57
The tweet states that Friedman believed the Federal Reserve worsened the Great Depression and emphasizes that governments tend to expand failures, while private markets punish and eliminate them.
23:54
Thai Vice Finance Minister Santitarn Sathirathai stated that the baht's recent decline, which has seen it weaken about 8% since climbing to a five-year high in January, is expected to bolster the nation's exports and tourism, two key economic drivers. The currency's weakening is attributed to broader dollar strength, a clampdown on speculative gold trading, and relaxed capital outflow rules.
23:50
Ford argues that batteries produced at its wholly owned Michigan plant, which relies on technology licensed from China's CATL, should be considered American-made. This ownership structure could help the automaker address Washington's latest restrictions targeting foreign-linked power-grid equipment, potentially mitigating the competitive advantage for South Korean battery makers.
23:49
Tony Pasquariello, head of hedge fund sales at Goldman Sachs, noted in his latest market macro report that zero-day options (0-DTE) are locking the S&P 500's intraday volatility into an unusually narrow range. For the past 27 trading days, the intraday trading range has consistently remained below 1%, marking the longest period of low volatility since the COVID-19 pandemic. Goldman Sachs economist David Mericle has incorporated a 25 basis point Federal Reserve rate hike in September into his forecast, but believes there is a lack of strong economic justification. Pasquariello maintains a bullish stance on the energy sector (up 44% year-to-date) and technology sector (up 23% year-to-date), and identifies U.S. fiscal sustainability as the biggest long-term risk for U.S. equities. Goldman Sachs data shows that hedge fund net exposure is at the 26th percentile over the past year, with market sentiment falling to its lowest level since March of this year.
23:47
The Iran war has cost approximately $33.4 billion as of June 29, according to a report submitted to Congress by the U.S. Department of Defense on Monday. Of this, Iranian attacks caused $184 million in physical damage to U.S. diplomatic facilities in four Middle Eastern countries: Iraq, Kuwait, Saudi Arabia, and the United Arab Emirates. The report also stated that Iranian attacks have damaged or destroyed "hundreds of buildings and structures" at U.S. bases in the Middle East, as well as "dozens" of U.S. aircraft, including one F-35A, four F-15E fighter jets, and one A-10 attack aircraft. Ammunition consumption during the conflict has also led to "strategic inventory shortfalls and industrial base bottlenecks for ammunition resupply."
23:43
The DeFi protocol is considering winding down after its restructuring efforts, which included cutting costs and shipping new products, failed to revive revenue. According to Marcus Hardt, Balancer's v3 product did not manage to replace legacy revenue, with a $128 million exploit in November continuing to impact user adoption.
23:42
Observers say the new rules will further tighten the Chinese government's control over its citizens. The regulations also allow for travel bans for those deemed to have "harmed" China's national security or interests while overseas.
23:32
Lithuanian President Gitanas Nausėda confirmed that NATO fighter jets destroyed a drone that entered the country's airspace overnight. Authorities stated the drone likely originated from neighboring Belarus, a Russian ally. The incident occurred shortly after midnight on Tuesday near Kaunas, triggering drone alerts in the capital Vilnius. Lithuania's Ministry of Defence praised the swift response by its armed forces and Italian pilots serving in the NATO Air Defence Mission, emphasizing the vital readiness given Russia's intensified aggression against Ukraine.
23:27
Bitcoin retreated from Monday's high of $79,000 and is currently trading around $77,800. The U.S. Senate is scheduled to hold a procedural vote on Tuesday on the Digital Asset Market Clarity Act, which aims to delineate regulatory authority over digital assets between the SEC and CFTC. Meanwhile, West Texas Intermediate crude futures rose to approximately $103 per barrel, exacerbating inflation concerns, as the market anticipates the Federal Reserve will raise interest rates by 25 basis points on Wednesday to a target range of 3.75%-4%.

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