Bitwise has launched automated tokenized stock portfolios, initially targeting themes such as the Mag 7, artificial intelligence and robotics. The portfolios are powered by Coinbase and implemented through Glider.
TThe BlockOriginal★★☆☆☆2026-08-25 14:16
CoinShares is seeking authority to repurchase up to 25% of its issued ordinary shares, but the shares could be held in treasury and later resold, awarded to employees or cancelled. The proposal therefore does not guarantee a lasting reduction in the share count. Shareholders will vote on the buyback and related equity-plan resolutions at a virtual meeting on Sept. 15.
C
CryptoSlateOriginal★★☆☆☆2026-08-25 12:40
Grayscale launched the first ETF offering direct exposure to Zcash on Tuesday morning, as the privacy-focused cryptocurrency surged.
TThe BlockOriginal★★☆☆☆2026-08-25 12:00
The SEC is reportedly seeking information from major Wall Street banks about trading and financing connected to AI-focused hedge fund Situational Awareness, which nearly collapsed.
C
CNBCOriginal★★☆☆☆2026-08-25 11:49
In Canada, Australia and some other countries, ending tax residency can be treated as disposing of unsold Bitcoin at its market value that day, triggering tax on unrealized gains. As CARF expands cross-border reporting, relocation timing is becoming a key planning issue for holders anticipating higher prices.
CCryptoSlateOriginal★★☆☆☆2026-08-25 11:35
Wall Street futures recovered on Tuesday as technology stocks rebounded ahead of Nvidia’s results and an inflation report that could shape expectations for interest rates.
R
ReutersOriginal★★☆☆☆2026-08-25 11:35
Bitcoin moved above $80,000 for the first time since May, extending its gain over seven days to roughly 25%.
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CoinDeskOriginal★★☆☆☆2026-08-25 10:52
The Bank of Russia bought 5.9 billion rubles ($69.92 million) of yuan on the domestic market, with settlement on August 24, 2026. Purchases settled on August 21 totaled 5.8 billion rubles ($68.74 million). The operations use the yuan-ruble instrument on the Moscow Exchange’s foreign-exchange section.
T
TASSOriginal★★☆☆☆2026-08-25 10:37
Solana ETFs have posted gains for five straight days after attracting $33.5 million on Monday, their largest one-day inflow since December. Cumulative net inflows reached a record $1.22 billion, while trading volume rose to $166.8 million.
CCoinDeskOriginal★★☆☆☆2026-08-25 10:25
Taku Ueno, who buys American beef, Spanish olive oil and Italian tomatoes for his supermarkets south of Tokyo, has seen those imports become costlier almost by the day as the yen falls relentlessly. The pressure is prompting Japanese companies to seek new ways to hedge against a prolonged period of yen weakness.
RReutersOriginal★★☆☆☆2026-08-25 10:10
Shares in Melrose Industries gained 8% on Tuesday after the owner of GKN Aerospace said it was aiming to restore full production at its Garden Grove facility on September 28. The company will pay up to $100 million to settle damage claims linked to a chemical tank that overheated in May.
RReutersOriginal★★☆☆☆2026-08-25 10:05
A survey released Tuesday says Asia-Pacific family offices are directing more money toward sustainability projects and taking a “systems-level” approach to increase their impact. The trend is expected to strengthen Hong Kong’s position as an impact-investing hub. The share allocating over half their portfolios to impact and ESG strategies rose to 27 per cent from 17 per cent.
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South China Morning PostOriginal★★☆☆☆2026-08-25 09:59
Bitcoin has risen above $80,000 as the US Treasury considers using roughly $1 trillion in its Treasury General Account to help fund expanded buybacks of long-term government bonds. Two Treasury officials said the account could support the purchases but gave no amount or timing. Rising yields, a US debt load above $40 trillion and heavy AI infrastructure borrowing are increasing pressure for intervention.
CCryptoSlateOriginal★★★★☆2026-08-25 09:20
Bitcoin remained below $80,000 on Tuesday as interest rates moved lower. Spot bitcoin funds received $337.56 million on Aug. 24, extending an uninterrupted inflow streak and adding real money to a rally that began with a short squeeze.
Bitcoin is staying above $80,000 as exchange-traded fund flows provide support. Analysts caution that persistent inflation and geopolitical uncertainty make it too soon to determine whether the move will become a bull market, though the outlook is described as early but optimistic.
Traders are committing millions of dollars to bets on further Bitcoin gains after its striking rise to $80,000, while demand for protection against a decline remains strong, according to Laevitas.
Bitcoin has gained more than 25% this week after an expansion of Treasury bond buybacks sparked a rally, pushing it above $80,000. Solana led major cryptocurrencies on Tuesday as validators voted on proposals to slow new SOL creation and increase daily burns, while the rally faced an overbought warning.
Bitcoin has risen above US$80,000 for the first time in three months, reaching more than US$80,900 on Tuesday. The cryptocurrency gained about 25 per cent in a week amid a broader rally in alternative assets linked to Washington’s efforts to reduce US bond yields, though it remains nearly 36 per cent below its October record of US$126,000.
Bitcoin has reached $80,000 for the first time since May as the cryptocurrency recovery gathers pace. Shifting US Treasury policy helped draw buyers back into crypto and revive ETF demand, while BTC has climbed 38% since its June plunge.
Analysts say a period of consolidation could reinforce bitcoin’s rally, while thin trading above $80,000 may leave the market vulnerable to sharper price swings.
Japanese bond exchange-traded funds have recorded a year-to-date net inflow of $1.5 billion, the highest on record, according to Morningstar data. Rising government bond yields have made Japan’s debt more appealing to investors.
RReutersOriginal★★☆☆☆2026-08-25 09:15
Asian shares were mostly higher after U.S. stocks ended mixed. Investors were looking ahead to potentially market-moving events later in the week as the United States increased pressure on Iran, while oil prices remained steady.
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The Associated PressOriginal★★★☆☆2026-08-25 09:00
Although Europe’s heat wave has finally broken, money managers say they are still grappling with how climate change will affect their portfolios.
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Bloomberg NewsOriginal★★☆☆☆2026-08-25 08:00
Franklin Templeton and HashKey have launched a tokenized U.S. money fund in Asia. Tokenized U.S. Treasury and money market funds are among the fastest-growing segments of digital assets, expanding fifteenfold in two years.
CCoinDeskOriginal★★☆☆☆2026-08-25 07:55
HashKey said it has launched the Franklin OnChain US Government Liquidity Fund on its Earn channel, as part of a partnership with Franklin Templeton to offer the tokenized money market fund in Asia.
Russia’s stock market rose at the start of the main trading session. At 10:00 Moscow time, the MOEX and RTS indices were up 1.09% at 2,093.8 and 791.94 points, respectively. By 10:20, both had gained 1.31%, while the yuan strengthened against the ruble.
TTASSOriginal★★☆☆☆2026-08-25 07:52
Billionaire investor Stanley Druckenmiller says the Treasury’s bond buyback intervention is battling the market and increasing danger. He argues it removes an important check on government borrowing and fiscal accountability, while markets remain the better judge of prices.
CCoinDeskOriginal★★★☆☆2026-08-25 07:32
Options traders expect Nvidia’s market value to swing by $280 billion after the company reports second-quarter earnings on Wednesday afternoon. Investors are looking for fresh clues about the demand driving the technology sector.
RReutersOriginal★★☆☆☆2026-08-25 07:10
Financial investors are showing growing interest in China’s major bubble tea brands as the sector cools after a boom and faces intense competition. Their approach is shifting from early-stage investments and IPO subscriptions to full equity buyouts, while analysts expect industry growth to slow from double digits to the mid-to-high single digits.
SSouth China Morning PostOriginal★★☆☆☆2026-08-25 07:00
Two people familiar with the matter said online fast-fashion retailer Shein’s Hong Kong IPO, seeking to raise as much as $1.8 billion, has attracted enough investor demand to fully cover the order book.
RReutersOriginal★★☆☆☆2026-08-25 05:45
The item examines the problem with buying the dip in bonds and also mentions shelter cats.
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Financial TimesOriginal★★☆☆☆2026-08-25 05:30
Xpeng shares fell after the company issued weak delivery guidance. The decline came despite its nascent robotics business securing a valuation of nearly $6.3 billion, close to the value of its core electric-vehicle business.
CCNBCOriginal★★☆☆☆2026-08-25 04:49
Oil prices regained some ground on Tuesday after falling more than 2% in the previous session, as investors assessed the effects of the latest U.S. sanctions against Iran.
RReutersOriginal★★★☆☆2026-08-25 04:40
S&P says Europe’s intense heatwaves could weaken insurers’ earnings as heat-related deaths, worsening health conditions and drought and wildfire claims increase. Life, health and reinsurance companies may face higher payouts, potentially leading to higher premiums, particularly as older people are especially vulnerable to heat.
TThe GuardianOriginal★★★★☆2026-08-25 04:00
The billionaire is selling sports stakes while rushing to clean up the balance sheets of the insurance businesses within the colossus he built.
FFinancial TimesOriginal★★☆☆☆2026-08-25 04:00
The US-Canada trade war erupted into an extraordinary exchange of insults and threats between President Donald Trump and Doug Ford, Ontario’s leader.
BBloomberg NewsOriginal★★★☆☆2026-08-25 04:00
US-Canada trade talks have collapsed. Bloomberg journalists answered live audience questions about what may happen next and how the breakdown could affect people’s money.
Canadian stocks swung between gains and losses at Monday’s open after trade talks with the US collapsed, raising fears of a widening trade war. Prime Minister Mark Carney recalled his negotiators from Washington.
The US bank has shortened the time horizon for SpaceX employees and investors to borrow against their stock holdings, and may do the same for Anthropic.
FFinancial TimesOriginal★★☆☆☆2026-08-25 04:00
Private equity growth funds drew record inflows in the first half as the sector recovered. The fundraising revival is being driven by the artificial intelligence boom and by some valuations that remain below their 2021 peak.
FFinancial TimesOriginal★★☆☆☆2026-08-25 04:00
Shares of Unitree, China’s best-known humanoid robot maker, have fallen roughly 45% after soaring more than fivefold on their Shanghai debut. The plunge has raised concerns about bubble risk, losses for retail investors and weaknesses in the IPO system.
RReutersOriginal★★☆☆☆2026-08-25 02:50
China is developing a worldwide network of gold vaults and speeding up central-bank purchases to strengthen the yuan’s role in international trade, according to an S&P Global Ratings report. Zijin Mining and Shandong Gold Mining are expected to expand faster than most global peers after Beijing classified gold as a “strategic mineral” in 2025.
SSouth China Morning PostOriginal★★★☆☆2026-08-25 02:30
Asian shares fell on Tuesday and oil prices extended their declines after U.S. threats of an “economic D-Day” through sanctions on Iran produced little impact.
RReutersOriginal★★☆☆☆2026-08-25 01:40
Treasury Secretary Scott Bessent offered no further indication Monday that the US could revamp its debt management, after a report said the department might use part of its cash holdings to fund buybacks of older, higher-yielding securities.
BBloomberg NewsOriginal★★★☆☆2026-08-25 01:30
Treasury Secretary Scott Bessent’s promised deficit-reduction plan, expected in the coming days, is set to confront a stark obstacle: there is no indication that the Republican-controlled Congress will deliver any net budget cuts this year.
The US Treasury’s larger buyback programme for long-maturity bonds is bolstering bets that gold will benefit from currency debasement. With the Federal Reserve’s Jackson Hole meeting approaching, gold reached a three-month high of US$4,698 an ounce on Tuesday after gaining 5.1 per cent the previous week following Scott Bessent’s announcement of the repurchases.
SSouth China Morning PostOriginal★★★☆☆2026-08-25 01:00
Canada has several economic levers in the escalating tariff dispute with the United States, including planned dollar-for-dollar duties, energy exports, potash and critical minerals. Prime Minister Mark Carney says Canada supplies most US natural gas and electricity imports and about 60% of its crude oil imports. Ontario Premier Doug Ford says Trump underestimates Canada and that an energy surcharge remains possible.
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BBC NewsOriginal★★★★☆2026-08-25 00:40
Canadian Prime Minister Mark Carney said his government is continuing to consider ways to retaliate against new tariffs imposed by US President Donald Trump on Canadian goods. He added that Canada remains willing to continue trade talks if the US takes the “right attitude.”
Canada’s currency plunged against the US dollar and bonds rallied after trade talks between the two countries collapsed, as the widening rift threatened the outlook for economic growth.
The US-Canada trade war shows no sign of easing. Canadian negotiators left talks in Washington after Prime Minister Mark Carney accused the Trump administration of making disproportionate last-minute demands. The US is imposing 50% tariffs on $20 billion of Canadian goods, while Canada’s retaliatory tariffs on US products are due to begin in early September, posing serious risks to both economies.
U.S. President Donald Trump threatened additional tariffs on dozens of Canadian imports after Prime Minister Mark Carney pledged retaliation, as trade negotiations between Washington and Ottawa faltered.
The United States and Canada are moving toward a deeper trade war after last-ditch efforts to reach a deal collapsed Friday. Americans could begin seeing higher prices for goods in three areas.
Businesses on both sides of the border are bracing for losses after US-Canada trade talks collapsed and both governments pledged 50% tariffs on each other’s goods. Calgary jeweller Cindy Baldassi expects most of her US sales to disappear, while furniture, clothing and retail companies warn that higher costs could cancel orders and overwhelm small businesses.
AI hedge fund Situational Awareness went from being the talk of Wall Street to facing federal subpoenas after nearly imploding, prompting an SEC probe.
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TechCrunchOriginal★★☆☆☆2026-08-25 00:23
Shein is finally going public, but the Chinese online retail giant is entering a much more hostile environment than the one it faced when its IPO journey began five years ago. The listing will not conceal its sustainability challenges.
RReutersOriginal★★☆☆☆2026-08-24 23:15
Citadel Securities says the Treasury Department’s bond-buyback efforts to restrain long-term borrowing costs amount to “financial repression,” risking a weaker dollar and higher inflation.
BBloomberg NewsOriginal★★☆☆☆2026-08-24 23:00
Hong Kong’s housing rebound is facing a new test as investors who benefited from the first-half recovery pull back from quick-turn trades. Secondary prices are still rising, with Centaline’s leading index reaching a three-year high of 162.16 on Friday, but transactions involving homes held for less than a year have fallen sharply, leaving owner-occupiers and long-term buyers to support the recovery.
SSouth China Morning PostOriginal★★☆☆☆2026-08-24 23:00
The SEC has subpoenaed Wall Street banks over Situational Awareness. Leopold Aschenbrenner’s AI-focused hedge fund nearly collapsed in July before reaching a deal with Citadel.
FFinancial TimesOriginal★★☆☆☆2026-08-24 22:56
Political and fiscal uncertainty in the US is making investors wary of the dollar again. As some sell the currency, alternative assets including Bitcoin and gold have surged in value.
BBloomberg NewsOriginal★★☆☆☆2026-08-24 22:00
A Reuters/Ipsos poll found that 31 percent of Americans support US military action against Iran, down from 37 percent in March, while Republican support fell to 69 percent. Trump’s approval rating remained at 33 percent, matching the lowest level in the series. Rising petrol prices and fears that the conflict will drag on are weighing on public backing for the war.
AAl JazeeraOriginal★★★★☆2026-08-24 21:35
Iranian Economy Minister Ali Madani-Zadeh has answered the US announcement of a new economic pressure campaign against Iran. Washington says the campaign aims to “sever every economic lifeline,” while Madani-Zadeh declares: “You will fail this time, too.”
US Treasury Secretary Scott Bessent said President Donald Trump is calling world leaders and asking them to halt all contacts with Iran. Bessent declined to identify the recipients, saying follow-up calls and visits from the State Department and Treasury would explain Washington’s expectations and deadlines, with consequences coming quickly if they fail to respond.
US Treasury Secretary Scott Bessent said countries that do not comply with new US sanctions on Iran will effectively lose access to the dollar system. He did not say when the sectoral sanctions will take effect, but warned that secondary sanctions could be imposed quickly while Washington is prepared to wait for now.
Scott Bessent is holding a live press conference focused on Iran.
Treasury Secretary Scott Bessent said Monday that the U.S. Treasury will maintain its regular debt auction schedule, including for long-dated bonds, even as it increases buyback sizes for 10- to 30-year securities.
RReutersOriginal★★★☆☆2026-08-24 20:02
Germany’s finance minister said President Donald Trump’s war in Iran disrupted global energy supplies and was responsible for a surge in bond yields across markets worldwide.
BBloomberg NewsOriginal★★★★☆2026-08-24 20:01
France and Saudi Arabia have agreed that the Gulf kingdom will invest €6 billion to build three amusement parks near Paris, according to the French presidential office. One park is expected to have a manga theme. The announcement came during Crown Prince Mohammed bin Salman’s visit, which focused on bilateral deals and the ongoing Middle East crisis.
FFrance 24Original★★★☆☆2026-08-24 18:13
France and Saudi Arabia have agreed to build a €6 billion ($7 billion) manga-themed amusement park near Paris. The Elysee Palace announced the project on Monday during Saudi Crown Prince Mohammed bin Salman’s visit to the French capital.
Crypto exchange trading volumes doubled over five days as market activity recovered. August’s monthly volume has reached $490 billion so far, compared with $670 billion in July.
TThe BlockOriginal★★☆☆☆2026-08-24 18:07
Bessent’s moves involving the yen and long-dated bonds do little to ease market concerns over the long term.
FFinancial TimesOriginal★★☆☆☆2026-08-24 17:16
Coinbase is launching tokenized versions of Apple, Nvidia, Meta and Alphabet on its Base network. The crypto exchange says the products are issued under its new Abu Dhabi framework.
CCoinDeskOriginal★★☆☆☆2026-08-24 17:12
The popular but often risky carry-trade strategy is gaining momentum as investors wager that the dollar will weaken.
BBloomberg NewsOriginal★★☆☆☆2026-08-24 17:00
The Bank of Russia set the official dollar exchange rate for August 25, 2026 at 83.2878 rubles, up 36.67 kopecks from the previous rate. The euro rate rose 57.83 kopecks to 97.4384 rubles, while the yuan rate increased 5.1 kopecks to 12.3853 rubles.
TTASSOriginal★★☆☆☆2026-08-24 16:24
Iranians are preparing for greater economic hardship as Washington readies another round of sanctions intended to squeeze Iran’s economy and government. Analysts doubt the penalties will alter Tehran’s conduct, while the rial has fallen to a record low. Iranian commanders have threatened to halt oil exports through the Strait of Hormuz and the Persian Gulf if the economic war continues.
AAl JazeeraOriginal★★★★★2026-08-24 16:02
U.S. threats to impose what it calls “the toughest sanctions in history” to force Iran to accept its demands after nearly six months of war have raised the prospect of another escalation in the Gulf.
The S&P 500 and tech-heavy Nasdaq edged lower on Monday as investors assessed the possible fallout from the U.S. pledge of an “economic D-Day” against Iran. Markets are also awaiting Nvidia’s results and a key inflation report due later this week.
Once a high-flying fast-fashion retailer, Shein is listing in Hong Kong at just a quarter of its peak value after years of false starts, undermining its $100bn ambition.
FFinancial TimesOriginal★★☆☆☆2026-08-24 15:00
Ukrainian economist Oleg Pendzin says not a single dollar has been invested under the minerals agreement with the United States. He argues that unresolved land ownership, geological surveys and security concerns require urgent government action, while continuing hostilities are deterring investors.
TTASSOriginal★★★☆☆2026-08-24 13:58
The United States says it is preparing new sanctions on Iran, billed as an economic D-day. The measures are expected to intensify pressure on an economy already battered by earlier sanctions and a US naval blockade, continuing Washington’s use of economic tools to corner Tehran.
FFrance 24Original★★★★☆2026-08-24 13:42
Iran’s currency has fallen to a record low against the dollar. The US is expected to disclose details of the administration’s sanctions plans later today, with developments being followed live.
The US is preparing sweeping economic measures against Iran and its trade partners, which Treasury Secretary Scott Bessent calls the greatest financial offensive ever mounted against an adversary. Tehran says countries supporting the measures will commit an “act of war” and threatens retaliation against oil-shipping routes in the Persian Gulf.
China has been Iran’s biggest oil buyer for several years, placing its purchases under scrutiny as the United States threatens Tehran with severe economic sanctions.
US Treasury Secretary Scott Bessent warned that Washington would sever all economic ties with Iran and isolate countries that partner with it financially, calling the planned pressure the “single greatest financial offensive ever”. Iran dismissed the threat, saying it could halt regional oil exports if the war continues, and warned shipping not to cross the Strait of Hormuz without permission.
US Treasury Secretary Scott Bessent said the administration expects to launch a “financial offensive” against Iran on Monday, declaring that the conflict is entering its “endgame.” President Donald Trump had earlier announced an unprecedented economic war and isolation campaign against Tehran, warning that entities supporting it would face serious US economic consequences.
Yields on 30-year US bonds rose above 5% last week, a level not seen since before the Great Financial Crisis. Treasury purchases briefly pushed yields lower, but they climbed again the next day. At the same time, US national debt surpassed $40 trillion.
BBloomberg NewsOriginal★★★☆☆2026-08-24 13:30
Sources say Treasury Secretary Bessent could use nearly $1 trillion in the Treasury General Account to finance bond buybacks. Drawing on the account would give the Treasury considerable power to influence long-term bond yields.
CCNBCOriginal★★★☆☆2026-08-24 13:17
Businesses invested more than £11 billion ($15 billion) in Britain’s digital infrastructure last year as they raced to build data centers for artificial intelligence.
BBloomberg NewsOriginal★★★☆☆2026-08-24 13:00
Kremlin spokesperson Dmitry Peskov said Russian forces would respond to Ukrainian drone attacks on Ozon logistics facilities with further strikes on Ukrainian territory. He said Kyiv would feel those responses “every day, every night,” and argued the attacks would not alter the dynamics at the front. Ukraine has targeted Ozon warehouses for three days, after earlier strikes on Wildberries facilities and Russian oil refineries.
MMeduzaOriginal★★★★☆2026-08-24 12:40
Shares in Russian online marketplace Ozon fell as much as 28.5% to 2,129 rubles after Ukrainian forces struck its warehouses in several Russian regions for a third straight day. The stock was down 12.7% at 2,600 rubles after the Moscow Exchange opened, while the benchmark index dropped 2%. Ozon is a blue-chip constituent of the benchmark. Ukraine had previously struck warehouses operated by Wildberries, which is not publicly traded.
Russian officials say a Ukrainian overnight drone attack on Krasnodar sent debris into a private children’s facility and residential buildings, killing three children and injuring 12 people, including six children who were hospitalized. An Ozon warehouse was also hit, with no injuries reported there initially.
Kremlin spokesman Dmitry Peskov said the Kyiv regime had opened Pandora’s box by attacking Russian civilian infrastructure and was facing retaliation every day, which would continue. He said drone strikes on Ozon warehouses had failed to affect frontline dynamics and instead highlighted the regime’s true nature.
Russia’s Defense Ministry said air defenses intercepted and destroyed 351 Ukrainian fixed-wing drones overnight across Russian regions and nearby waters. Debris hit a children’s facility in Krasnodar, killing three children and injuring seven. Ozon logistics centers in Adygea and Dagestan caught fire, while some warehouses were evacuated or temporarily closed.
Russian authorities said a Ukrainian drone attack on August 24 killed three children in Krasnodar. Officials said debris struck a private children’s center, injuring seven children and two adults and setting warehouses ablaze. Ozon facilities in Adygeysk, Makhachkala, and Nevinnomyssk were also hit; injuries were reported in Makhachkala.
A massive Ukrainian drone attack is being repelled in the Krasnodar Region, Governor Veniamin Kondratyev said. Debris fell on a private children’s center in Krasnodar, killing two children and injuring seven others; two adults were hospitalized.
Monitoring channels reported that Ukrainian forces struck a retail warehouse in Krasnodar and a nearby Ozon logistics center. Russian officials said falling drone debris killed two children and injured seven at a childcare center, while warehouse facilities caught fire. The details could not immediately be verified.
Strategy sold $2 billion worth of MSTR shares without making any bitcoin purchases and established a $1.6 billion “USD Cash” pool. Its holdings represent roughly 4% of bitcoin’s 21 million supply cap, valued at around $66 billion.
TThe BlockOriginal★★☆☆☆2026-08-24 12:12
India plans to issue tokenised corporate bonds next month, three people familiar with the matter said, in a test of blockchain technology designed to allow bond trades to settle instantly.
RReutersOriginal★★★☆☆2026-08-24 10:40
Alibaba and Shein’s share sales in Hong Kong mark a dramatic repricing of Chinese assets.
BBloomberg NewsOriginal★★☆☆☆2026-08-24 10:30
Federal Reserve Chair Kevin Warsh’s first speech at this week’s Jackson Hole conference has taken on greater significance. Traders and analysts want guidance on the recent rise in bond yields and reassurance that he is independent of the Trump administration.
RReutersOriginal★★★☆☆2026-08-24 10:25
Hang Seng Bank says it will keep investing in its wealth centre network to meet rising demand from high-net-worth clients. The lender recently opened a second facility at Hysan Place in Causeway Bay, despite uncertainty in Hong Kong’s wealth management industry as Beijing tightens scrutiny of mainland Chinese investors’ cross-border investments.
SSouth China Morning PostOriginal★★☆☆☆2026-08-24 10:00
Boaz Weinstein’s activist hedge fund has been campaigning against UK investment trusts and is taking on Baillie Gifford in a new boardroom contest.
FFinancial TimesOriginal★★☆☆☆2026-08-24 09:24
Alibaba raised HK$80 billion (US$10.2 billion) through a record Hong Kong secondary share sale. The shares were priced at HK$112.70 each, an 8.4% discount to Friday’s close, with all proceeds earmarked for its artificial-intelligence drive and planned spending of more than 380...
SSouth China Morning PostOriginal★★★☆☆2026-08-24 09:09
Alibaba shares fell sharply in Hong Kong on Monday after the Chinese company launched a $10.2 billion share sale at a steep discount to fund its AI ambitions. Investors focused on dilution and execution risks.
Alibaba shares dropped 8% in early Hong Kong trading on Monday after the technology company completed an HK$80 billion ($10.21 billion) share placement at HK$112.70 per share. The deal is intended to finance artificial intelligence-related development.
Alibaba raised HK$80 billion ($10.2 billion) in Hong Kong’s largest secondary share sale, highlighting its readiness to accumulate and deploy huge sums in an effort to lead globally in artificial intelligence.
Iran’s rial fell to a new record low of 2.02 million to the U.S. dollar when markets opened Monday, as Washington prepared to announce additional sanctions.
TThe Associated PressOriginal★★★★☆2026-08-24 08:33
Russia’s stock market fell at the opening of the main trading session, according to Moscow Exchange data, while the yuan strengthened against the ruble. By 10:15 Moscow time, both the MOEX and RTS indices were down 2.83%.
TTASSOriginal★★☆☆☆2026-08-24 08:26
Online retailer Shein is seeking a $27bn valuation through a Hong Kong initial public offering. Its market capitalisation is now nearly three-quarters below its peak after unsuccessful attempts to list in New York and London.
FFinancial TimesOriginal★★★☆☆2026-08-24 08:06
Shein says it will begin trading on the Hong Kong stock exchange on 1 September, with an offering that could value the fast-fashion retailer at nearly $27bn. It plans to sell 280m shares and raise up to HK$13.86bn for technology and international expansion. The valuation is about 70% below its private-market peak, amid scrutiny over environmental costs, supplier labour conditions and regulatory fines in France.
Fast-fashion giant Shein plans to list in Hong Kong on September 1, offering nearly 280 million shares and raising up to HK$13.86 billion. At the top of its price range, the company would be valued at almost $27 billion, far below its $100 billion private-funding valuation in 2022. Shein reported a $99 million loss in the first quarter.
Fast-fashion giant Shein plans to raise up to HK$13.86bn by offering nearly 280 million shares when trading begins in Hong Kong on 1 September. The implied valuation of almost $27bn is far below its $100bn private-market valuation in 2022. Previous US and London listing attempts failed amid regulatory scrutiny.
Fast-fashion retailer Shein Global Holdings plans to raise as much as HK$13.85 billion (US$1.76 billion) through a Hong Kong initial public offering. It will offer 279 million shares at HK$47.60 to HK$49.50 each, with investor orders opening Monday and trading expected to begin on September 1.
U.S. authorities are reviewing Shein Global Holdings Ltd.’s proposed purchase of American clothing retailer Everlane after the company sought approval, according to people familiar with the matter. The review adds to the growing regulatory hurdles facing the China-founded fast-fashion giant in one of its most important markets.
Samsung Electronics shares dropped more than 8% in early Monday trading after its record $79 billion shareholder-return plan disappointed investors. They had expected a larger share of the cash generated by Samsung’s AI boom and clearer details on potential buybacks.
RReutersOriginal★★☆☆☆2026-08-24 06:00
The dollar hovered near multi-month lows on Monday as markets remained unsettled by the U.S. Treasury’s pledge to buy back more long-dated bonds. Traders were also waiting for details of sanctions on Iran and policy speeches expected this week in the United States and Japan.
RReutersOriginal★★★☆☆2026-08-24 05:10
Wayne Cole looks ahead to European and global markets over the coming day amid a mix of economic wars, trade wars and actual wars.
RReutersOriginal★★☆☆☆2026-08-24 05:00
China is preparing a potential record-setting semiconductor listing. CCSH Corporation, the parent of NAND flash maker Yangtze Memory Technologies Corporation, plans to sell 1.98 billion to 2.43 billion shares on Shanghai’s Star Market, representing 10 to 12 per cent of its enlarged share capital.
SSouth China Morning PostOriginal★★★☆☆2026-08-24 04:34
The Minutes Reader extension turns the original page into a focused reading view and translates articles and video subtitles on demand. It is in limited beta.
