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9/24
10:33
Rebels in northern Ethiopia have seized a second major airport, and the government stated it has killed 272 militants, as conflict spreads in the East African nation, raising fears of a potential resurgence of the brutal civil war that ended in 2022.
10:29
Donald Trump reposted a tweet quoting his earlier remarks, reiterating that the S&P Flash Survey report shows impressive US economic growth: the Composite Index (services + manufacturing) hit a 62-month high, manufacturing a 53-month high, and services a 52-month high. He called this the "hottest" economy in the world and criticized the media for serving the Democratic Party and attempting to conceal the fact of a strong economy. Trump also pointed out that real median income reached an all-time high and mentioned that inflation exceeded 8% in August 2022 during Biden's term.
10:28
U.S. Secretary of State Marco Rubio said on Wednesday during the United Nations General Assembly that Iraq risks "Balkanization" unless its armed factions are brought under state control. He made these remarks after meeting with Iraqi Prime Minister al-Zaidi. Rubio noted that Washington has no doubt about al-Zaidi's commitment to disarming Iraq's armed groups, but called it a massive and difficult challenge.

Analysts believe that the "Balkanization" Rubio referred to points more to "fractures" within Iraq's state system caused by Iran-aligned armed groups, rather than an imminent territorial breakup. These groups serve as "arteries" for the interests of the pro-Iranian regime in Iraq through parallel economic channels, political influence, and oil-smuggling networks.

Iraqi Prime Minister al-Zaidi had previously pledged that the armed factions would lose their legitimacy after September 30, but that deadline has now been pushed back to June 30, 2027. In addition, Rubio said on Wednesday that there had been no discussion of extending the timeline for the withdrawal of U.S. troops from Iraq, currently scheduled for September 30.
10:27
Despite Shiba Inu's recent price decline, its exchange netflow was negative 74.37 billion SHIB over the past 24 hours, indicating that the number of tokens withdrawn from exchanges for purchase purposes far exceeded those sold back to exchanges, according to crypto analytics platform CryptoQuant. Analysts believe this could signal that the asset is preparing for a potential price reversal.
10:24
Bloomberg macro strategist Simon White warns that as US government bond yields continue to climb, their upward trajectory is becoming more disorderly, with term premiums starting to widen, potentially pushing financial markets to a critical tipping point. He noted that the 10-year US Treasury yield briefly touched 5.14%, a new high since 2007, and the 30-year yield rose to approximately 5.4%.

Market observers believe that if long-term interest rates continue to rise, the current equity valuation system, built on low financing costs, will face immense pressure. Analysis suggests that with US federal debt exceeding $40 trillion and margin leverage at historical highs, sustained pressure in the bond market could trigger a chain reaction through financing costs, asset valuations, and deleveraging.
10:17
Richmond Federal Reserve President Barkin explained that the Fed's decision last week to raise interest rates was due to several developments since the summer that made a "wait-and-see" stance on inflation difficult to reconcile with Chairman Warsh's vow to bring inflation back to target. He stated: "If inflation isn't going to come down relatively quickly, then you have to reflect, '...maybe we should do something about that.' That's what happened over the summer, with factors like gasoline prices, Canadian tariffs, and the AI construction boom pushing up inflation costs for some time, so the Fed had to act."
10:16
Philadelphia Fed President Anna Paulson stated that further interest rate hikes may be necessary to ensure inflation returns to the Federal Reserve's 2% target.
10:14
Philadelphia Fed President Anna Paulson said on Thursday that she and her colleagues may need to raise interest rates further to bring inflation back to target levels. In prepared remarks for a fintech conference, she noted that despite some easing of price pressures over the summer, core inflation is still running at around 2.5%-3%, well above the 2% target, with little sign of the gap narrowing. Paulson's comments come as market expectations for the Federal Reserve's tightening policy have risen sharply, with long-term Treasury yields climbing to their highest levels since 2004.
10:13
Zhiyuan, a Chinese embodied intelligent robot company, announced on September 24 that its 20,000th Expedition A3 Ultra robot was officially delivered at the Chimelong Spaceship Theme Park in Hengqin. On the same day, over 300 Zhiyuan robots were deployed for regular duty at more than 100 interactive points across the park, covering scenarios such as performances, popular science education, guided tours, retail, hotels, and sports competitions. Zhiyuan and Chimelong have signed a 10-year strategic cooperation agreement and established a joint research institute for embodied intelligent cultural tourism, aiming to drive robot product iteration and commercialization verification through real-world operational data.
10:02
India's markets regulator approved an overhaul of rules for portfolio management service providers, permitting them to invest in overseas equities as it eases restrictions on the fast-growing industry.
09:59
Crypto derivatives platform BitMEX announced on September 24 that customers from the United States, Canada, Hong Kong SAR, Bermuda, Seychelles, and Myanmar, who were previously prohibited from using the platform due to jurisdictional restrictions, can now log in and complete identity verification to withdraw remaining funds from their accounts. This move follows BitMEX's cessation of exchange operations on September 23, with the restrictions lifted to facilitate fund recovery.
09:51
The Israeli government plans to pay companies operating in illegal settlements up to 200,000 shekels ($54,000) following commitments by European countries to ban their goods. Israel's Foreign Trade Administration has set up a dedicated team to help these companies find alternative markets in Asia and South America, including the Philippines, India, the UAE, Chile, and Argentina. Over 25 applications for assistance have already been submitted.
09:46
Indian equities experienced their sharpest single-day sell-off in ten weeks on Thursday, with the Nifty 50 index closing down 1.6% at 23,063.10 points and the BSE Sensex index falling 1.67% to 73,580.54 points, both marking their largest declines since July 8. This was primarily driven by inflation concerns stemming from a 2.4% rise in Brent crude oil prices to $105.6 per barrel on the day, as well as a nearly 70% probability of a Federal Reserve rate hike in October and a surge in 10-year US government bond yields to their highest level since 2007, leading to broad pressure on global emerging markets. Furthermore, proposed new commission caps by India's domestic insurance regulator further weighed on the financial sector, with PB Fintech plummeting 36% for its largest ever single-day drop. The MSCI Emerging Market Currency Index fell 0.45% on the day, nearing its largest single-day decline in six months, and the MSCI Emerging Market Equities Index dropped 0.9%.
09:36
Morgan Stanley noted in a September 23 report that if the U.S. implements a diesel export ban (which Donald Trump has expressed support for), Northwestern Europe would be hit hardest, as it imports approximately 250,000 barrels of diesel per day from the U.S., and the ban would lead to a surge in European diesel prices. The report also warned that the ban could transmit through the refining system, potentially driving up U.S. domestic gasoline prices. Citi Research, in a September 24 report, focused on Poland, deeming it the most vulnerable in Central and Eastern Europe in terms of diesel intensity and price transmission. If the shock persists, the Polish central bank could face pressure to raise interest rates.

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