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9/17
07:26
Huawei Chair Calls for Chinese AI Labs to Accelerate Development
The Chinese tech executive's comments contrast with Silicon Valley calls for a slowdown amid rising concerns about technology's existential risks.
07:25
Leapmotor Chairman Zhu Jiangming stated that the company is engaged in platform-level cooperation with FAW and Stellantis, with one of the projects with FAW having already entered mass production.
Leapmotor Chairman Zhu Jiangming revealed to Wallstreetcn.com on September 17 that the technology Leapmotor developed for its own vehicles is now being incorporated into new cars of other brands. The company is engaged in platform-level cooperation with FAW and Stellantis, with one project with FAW already entering mass production. Core components such as battery packs, electric drives, controllers, and vehicle lights can be developed, manufactured, and supplied by Leapmotor to its partners. Currently, Leapmotor's electric drives and power electronics components have been designated by 8 OEMs, while its battery systems and electronic systems have entered into external cooperation with 10 and 5 partners, respectively. Zhu Jiangming stated that providing complete sets of core EV components offers a cost advantage of approximately 1,000-2,000 yuan compared to customers sourcing from multiple suppliers, and also shortens the system matching time.
07:24
UK FCA executive director Steve Smart warns financial crime threat is worsening, with over £100bn laundered annually in the UK
Steve Smart, the executive director of enforcement and market oversight at the UK Financial Conduct Authority (FCA), stated at the Law Society Economic Crime Conference 2026 that fraud accounted for nearly half of all crime in England and Wales last year. He highlighted that estimates suggest over £100 billion is laundered through or within the UK each year, emphasizing the need for collective action to combat the escalating threat of financial crime amidst global instability and rapid technological change.
07:12
U.S. chip manufacturing faces a shortage of up to 157,000 workers by 2030, with Samsung, TSMC, and Intel struggling to find talent.
A new report from McKinsey and the SEMI Foundation indicates that only 3% of U.S. engineering graduates enter the semiconductor industry annually, and 73% of chip employers report significant difficulty filling engineering roles. As chipmakers like Samsung, TSMC, and Intel expand U.S. production, they are temporarily bringing in workers from South Korea and collaborating with U.S. universities to develop domestic talent pipelines. U.S. chip industry salaries, typically ranging from $127,000 to $187,000, are noted to be lower than in South Korea.
07:06
Al Jazeera analysis: Rising energy prices are pushing global inflation higher again, forcing major central banks to raise interest rates
Al Jazeera analysis indicates that rising energy prices are once again driving global inflation, compelling major central banks to increase interest rates. Oil prices surged past $100 a barrel last week, with the ongoing Iran war disrupting the Strait of Hormuz and Houthi advances threatening Saudi oil supplies, contributing to increased energy costs for households and businesses.
06:59
United Kingdom Bank Rate
★★★★★Previous --Forecast --Actual 3.75%
06:51
BYD plans to establish four factories in Europe, including three car assembly plants and one battery plant, to comply with local manufacturing rules and expand its market.
06:47
ECB’s Rehn Sees No Second-Round Inflation Effects From War Shock
European Central Bank Governing Council member Olli Rehn stated that the energy-price shock from the conflict in the Middle East has not yet fed through to other parts of the economy, thus far preventing second-round inflation effects.
06:42
Applied Materials to invest $5 billion in India over 10 years, doubling R&D workforce
U.S. semiconductor equipment maker Applied Materials announced on Thursday its plan to invest $5 billion in India over the next decade. This investment aims to expand its presence in the country, including setting up a 57-hectare advanced semiconductor research park and doubling its R&D workforce. The move comes as the Indian government is significantly increasing support for its chip manufacturing and packaging ecosystem.
06:39
Lebanon Security Talks in Paris Focus on Post-UNIFIL Alternatives Amid Renewed Israeli Attacks
European and Arab military chiefs, joined by French President Emmanuel Macron, Lebanese President Joseph Aoun, Jordan’s King Abdullah II, and a senior US military official, are meeting in Paris today. The discussions aim to assess the Lebanese Armed Forces’ needs and address the looming security vacuum as the nearly 50-year UN peacekeeping mission UNIFIL, with approximately 7,500 personnel, is set to withdraw in January. The talks come amidst growing fears of a renewed Israeli military campaign in southern Lebanon, despite an agreed "ceasefire" that Israel has continued to violate with ongoing attacks.
06:39
UK charities and protest groups condemn Israeli threat to ban their representatives after UK sanctions
British charities, Palestinian advocacy organisations, and the proscribed Palestine Action group have condemned an official Israeli letter recommending their representatives and activists be barred from entering Israel. The letter, issued by Israel’s Ministry for Diaspora Affairs and Combating Antisemitism, targets aid organisations including Oxfam, Islamic Relief Worldwide, Save the Children, Medical Aid for Palestinians (MAP), and the Norwegian Refugee Council, as well as campaign groups like the Palestine Solidarity Campaign and Friends of Al-Aqsa. This threat follows the UK's ban on imports from illegal Israeli settlements in the occupied West Bank, which Israel had warned would have "consequences" and has already led to other retaliatory measures.
06:36
The Federal Reserve's Warsh and colleagues unanimously voted to raise interest rates, signaling further hikes; U.S. stock futures rose and long-term bonds were sought after as the market digested the "hawkish rate hike."
Federal Reserve Chairman Kevin Warsh and his colleagues unanimously voted to raise interest rates at Wednesday's meeting, signaling more hikes to come. After Warsh's press conference, markets were initially rattled, but U.S. equity futures rose in early trading today, and long-term bonds were also sought after.
06:35
King Charles III of the UK will convene leaders from AI companies including NVIDIA, OpenAI, and Anthropic to discuss AI safety.
King Charles III will host a summit in Scotland on Thursday, with attendees including senior representatives from Google DeepMind and the UK's AI minister. Buckingham Palace stated that the event will focus on how AI can benefit society and the natural world, and will revolve around a set of shared principles for AI technology development. In excerpts from his speech, the King noted that the development of AI is both fascinating and deeply concerning, and called on attendees to ensure AI technology has "safety at its core" and is committed to international cooperation and consensus.
06:34
Pre-trial review set for criminal prosecution for noncompliance with SFC notices in market manipulation investigations
06:23
Momentum Group Plans Acquisitions to Grow South Africa Adviser Network
Momentum Group Ltd. is seeking to buy businesses as the South African investment and medical-insurance company looks to boost the number of financial advisers and drive sales.
06:23
Bitwise CIO Hougan revises Clarity Act outlook, says crypto bull market may continue without legislation
Bitwise Chief Investment Officer Matt Hougan stated that Bitcoin climbed above $80,000 in early September despite declining odds of the Clarity Act legislation passing this year, suggesting the crypto bull market may continue regardless of the bill.
06:20
Czech Official Karel Havlicek Revives Dormant State Asset Sales Plans
Karel Havlicek, a long-time fan of Ronald Reagan’s economic policies, is now tasked with boosting Czech investments and growth.
06:15
Citi's memo indicates that the AI infrastructure competition is shifting towards system optimization, with companies like Broadcom, Samsung, and Marvell disclosing new layouts in networking and storage.
Citi's AI Infrastructure Summit notes indicate that as AI workloads become more complex, infrastructure must address issues such as interconnection efficiency, memory capacity, bandwidth, power consumption, and cost simultaneously. Broadcom believes Ethernet will become the preferred interconnection solution for large-scale AI infrastructure, potentially saving over 30% in five-year total cost of ownership (TCO). Samsung disclosed its HBM roadmap, projecting that the new generation zHBM could achieve a 4 to 8 times single-GPU performance improvement compared to HBM5, while reducing thermal resistance by 75% to 90%. Marvell, meanwhile, is focusing on memory hierarchy optimization for KV caching, and AWS is enhancing memory bandwidth economics through custom chips.
06:14
Gartner predicts that spending on AI system security will reach $7.7 billion by 2028, with a compound annual growth rate of 65%, as out-of-control AI models become more frequent, making cybersecurity a key investment theme.
Market research firm Gartner projects that security spending specifically for protecting AI systems will increase from approximately $2.8 billion in 2026 to nearly $7.7 billion in 2028, representing a compound annual growth rate of nearly 65%. Analysts point out that since the beginning of this year, frontier models from Anthropic and OpenAI have successively demonstrated behaviors that push security boundaries. This has rapidly escalated concerns among Chief Information Security Officers (CISOs) regarding AI attacks, leading to an accelerated increase in relevant security budgets. Cybersecurity is thus becoming a significant investment direction in the age of AI.
06:14
The Bank of England is expected to keep its benchmark interest rate unchanged at 3.75% on Thursday, but may signal a hawkish stance to leave room for a November rate hike. August inflation at 3.1% exceeded forecasts, and the scale of quantitative tightening for the new fiscal year may be reduced to £50 billion.
The market widely expects the Bank of England's Monetary Policy Committee (MPC) to keep the benchmark interest rate at 3.75% on Thursday, but it may signal a hawkish stance, leaving room for a November rate hike. UK CPI rose to 3.1% in August, higher than the central bank's July forecast of 2.8%, and economists expect inflation to approach 4% early next year. Concurrently, the central bank will announce its new annual quantitative tightening plan, with market consensus predicting a slowdown in scale from the previous year's £70 billion to £50 billion. Market pricing currently indicates an approximately 12% probability of an immediate rate hike on Thursday.
06:09
Uganda's Central Bank Hikes Reserve Ratio to Defend Shilling
The Bank of Uganda raised the cash reserve requirement for commercial banks as the shilling continues to slide.
06:07
Al Jazeera Commentary: Trump's remarks on the Houthis may signal the limitations of US security commitments in the Middle East
Al Jazeera commented that US President Donald Trump's remarks on September 12 regarding the Houthi movement might suggest the limitations of US security commitments in the Middle East. In Dublin, Trump stated that the Houthis had contacted the US to avoid conflict and allow ships to pass through the Bab al-Mandab Strait, saying the situation "will work out well."

The commentary believes that Trump's remarks were made after the Houthis completed their control over the strategic port of Mocha, the coastal town of Dhubab, and Perim Island, giving the Houthis direct control over the entrance to one of the world's most important waterways, the Bab al-Mandab Strait. The article analyzes that Trump's stance reflects a narrow US strategic logic, namely that the Bab al-Mandab Strait is less important to US oil interests than to oil supplies for China and other Asian markets, and that Trump believes the Houthis have not targeted US vessels. Furthermore, this stance is also related to US domestic politics, avoiding opening new military fronts before the congressional elections.
06:07
Saudi Arabia Shifts Oil Exports to Hormuz, Employs Dark Shipments and Ship-to-Ship Transfers Following Pipeline Damage and Red Sea Blockade
Saudi Arabia, the world's second-largest crude exporter, is rerouting crude via dark shipments and ship-to-ship transfers off Oman. This comes after drone attacks last week knocked out part of the country’s East-West pipeline, halting 4-5 million barrels per day (bpd) of oil flow, and with the Red Sea's southern route through the Bab al-Mandeb strait now controlled by Iran-backed Houthi forces who have declared a maritime embargo. Saudi crude loadings have fallen over 70% since February, from 7.5 million bpd to around 2.1 million bpd in early September, forcing a reliance on the Strait of Hormuz despite restrictions and risks.
06:06
Hong Kong's major banks maintained their prime rates unchanged on Thursday, despite the Federal Reserve's 25 basis point interest rate hike, temporarily sparing the property market from direct impact.
Despite the Federal Reserve raising its benchmark interest rate by 25 basis points on Wednesday (ET), HSBC and other major Hong Kong banks on Thursday opted to keep their prime rates unchanged, temporarily shielding the Hong Kong property market from direct impact. However, industry insiders noted that further rate hikes in the future could puncture the market's relatively fragile recovery.
06:05
Netflix Head of Content Bela Bajaria hinted that the company might consider following YouTube's model by introducing live content from other media companies.
Netflix Chief Content Officer Bela Bajaria stated that the company might consider integrating live content from other media companies into its service, describing the collaboration with France's TF1 Group as a "test" for this model. She noted that companies like NBCUniversal have already partnered with Netflix on multiple fronts, which helps both parties adapt to content integration models.
06:05
Netflix content chief Bela Bajaria confirmed the company's interest in bidding for the broadcasting rights to the 2030 and 2034 FIFA Men's World Cups.
Netflix Chief Content Officer Bela Bajaria confirmed the company's interest in bidding for the broadcasting rights to the 2030 and 2034 FIFA Men's World Cups. Netflix currently holds the broadcasting rights for the 2027 and 2031 Women's World Cups in the United States and Canada, and maintains a good working relationship with FIFA.
06:03
India’s Capital Markets Regulator to Encourage Muni Bonds for $900 Billion Infrastructure Push Through 2031
India’s capital markets regulator will encourage municipalities to pool their financing needs and issue bonds collectively to fund the upgrade of urban infrastructure that may cost up to $900 billion through 2031.
05:59
Bloomberg Markets: Bond investors are more focused on the Bank of England's quantitative tightening plans for the coming year than on today's interest rate decision.
05:59
Traders applaud Fed Chair Warsh’s fight against inflation, saying he has bolstered his credibility as stocks and bonds rally
05:52
Citi Research: The Federal Reserve's hawkish rate hike in September exceeded expectations, with the DXY technically confirming a double bottom pointing to 101.15.
Citi Research noted that the Federal Reserve's September FOMC meeting sent a strong hawkish signal, leading the market to price in another rate hike of approximately 13 basis points in October. The DXY's technical pattern has strengthened accordingly, completing a double bottom confirmation with a target of 101.15 and a key resistance band between 102.20 and 102.50. Citi believes that the combination of high yields and equity pressure is historically the most bullish macro combination for the dollar, and EUR/USD may retest the 1.13 low. The report also cautioned that geopolitical conflicts, political pressure from the approaching midterm elections, and the market having already priced in much of the FOMC's actions could lead to a rapid reversal of the situation.

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