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BREAKINGCanada announces dollar-for-dollar retaliatory tariffs on $19.94 billion of US goods

Replay: Canada announces countermeasures to new US tariffs

Canadian ministers set out a series of countermeasures after the Trump administration imposed new tariffs on Canadian goods, deepening the trade war between Canada and the United States.

Trade & sanctionsCanadaUnited Statesretaliatory tariffstrade war

FFrance 24Original★★★★☆2026-08-25 15:42

Replay: Canada announces countermeasures to new US tariffs
Replay: Canada announces countermeasures to new US tariffs
  • Canada announces tariffs of up to 50% on more than 700 US goods

    Canada announces tariffs of up to 50% on more than 700 US goods, with the highest import taxes targeting steel and aluminum.

    CanadaUnited Statestariffssteelaluminum

    CCNN★★★★☆2026-08-25 15:25Original
  • Carney Matches Trump Tariffs With 50% Tax on US Furniture, Steel
    Carney Matches Trump Tariffs With 50% Tax on US Furniture, Steel

    Prime Minister Mark Carney announced 50% tariffs on US furniture and steel, matching President Donald Trump’s new weekend duties dollar for dollar. He also backed support programs for Canadian businesses hurt by the escalating trade war.

    CanadaUnited Statestariffstrade war

    BBloomberg News★★★★☆2026-08-25 15:12Original
  • Live updates: Canada expected to announce retaliatory tariffs against the US
    Live updates: Canada expected to announce retaliatory tariffs against the US

    Canada is expected to announce retaliatory tariffs against the United States on Tuesday, after relations between U.S. President Donald Trump and Canadian Prime Minister Mark Carney deteriorated.

    CanadaUnited Statesretaliatory tariffstrade relations

    TThe Associated Press★★★★☆2026-08-25 15:11Original
  • BREAKINGCanada announces dollar-for-dollar retaliatory tariffs on $19.94 billion of US goods

    Canada announced retaliatory tariffs on $19.94 billion worth of US goods, matching Washington’s newly imposed duties dollar for dollar. It also unveiled financial support for Canadian businesses and workers affected by the escalating trade war.

    CanadaUnited Statesretaliatory tariffstrade war

    RReuters★★★★☆2026-08-25 15:08Original
  • Rift deepens as US-Canada trade dispute escalates
    Rift deepens as US-Canada trade dispute escalates

    The trade war between the United States and Canada is intensifying. The neighboring countries have been among the world’s closest allies and trading partners for decades, but using tariffs to settle disputes is putting even their strong economic relationship under serious strain.

    United StatesCanadatrade wartariffs

    CCGTN★★★★☆2026-08-25 15:04Original
  • Canada to announce measures to protect workers as trade war with US deepens
    Canada to announce measures to protect workers as trade war with US deepens

    As the United States intensifies its trade war with Canada, Ottawa is preparing a response. New tariffs threaten the car industry and many other products, prompting Canada’s finance, labour and industry departments to announce countermeasures aimed at protecting workers whose jobs could be at risk.

    CanadaUnited Statestrade wartariffs

    FFrance 24★★★★☆2026-08-25 13:27Original
  • Canada’s LeBlanc says retaliatory tariffs on U.S. may be announced Tuesday
    Canada’s LeBlanc says retaliatory tariffs on U.S. may be announced Tuesday

    Canada’s minister responsible for U.S. trade, Dominic LeBlanc, said the government could announce retaliatory tariffs on the United States on Tuesday. His remarks followed President Donald Trump’s threat the previous day to raise U.S. tariffs on all Canadian cars and trucks to 50%.

    CanadaUnited Statesretaliatory tariffstrade

    RReuters★★★★☆2026-08-25 13:10Original
  • Canada set to announce retaliatory tariffs on US goods after talks fail
    Canada set to announce retaliatory tariffs on US goods after talks fail

    Canada is expected to unveil retaliatory tariffs on US goods after trade talks collapsed and 50% US tariffs on Canadian products took effect. Prime Minister Mark Carney rejected what he called a “bad deal,” while President Donald Trump threatened a 50% tariff on Canadian automobiles, parts and steel from January 1, 2027.

    CanadaUnited Statesretaliatory tariffstrade war

    DDW★★★★☆2026-08-25 09:25Original

BNP Paribas receives Saudi regional headquarters licence

BNP Paribas has secured a licence for a regional headquarters in Saudi Arabia, according to state news agency SPA. France’s largest bank is joining other international companies expanding their presence in the kingdom.

Banking & financeBNP ParibasSaudi Arabiaregional headquarters

RReutersOriginal★★☆☆☆2026-08-25 15:40

BNP Paribas receives Saudi regional headquarters licence
BNP Paribas receives Saudi regional headquarters licence

Kazakhstan refinery to process Russian crude and send fuel back to Russia

Kazakhstan’s Energy Minister Erlan Aqkenjenov said the Kondensat refinery will process Russian crude and return the resulting gasoline and diesel to Russia, while 30% of the fuel will remain in Kazakhstan. An unnamed Russian company owns half of the refinery. The arrangement comes as Russian regions face fuel shortages and rising prices after drone strikes hit oil refineries.

Energy & commoditiesKazakhstanRussiaoil refineryfuel shortages

MMeduzaOriginal★★★☆☆2026-08-25 15:31

Kazakhstan refinery to process Russian crude and send fuel back to Russia
Kazakhstan refinery to process Russian crude and send fuel back to Russia

Bitcoin ETF inflow streak reaches $2.2 billion in six days as assets near $100 billion

US spot Bitcoin ETFs recorded inflows for a sixth straight trading day on Monday, taking the streak to about $2.26 billion. As Bitcoin climbed above $80,000, total ETF assets reached $98.56 billion, about $1.44 billion short of $100 billion. BlackRock’s IBIT captured most of the new demand, while its call-option activity also hit records.

MarketsCryptoBitcoinETFsinflowsBlackRock

CCryptoSlateOriginal★★☆☆☆2026-08-25 15:30

Bitcoin ETF inflow streak reaches $2.2 billion in six days as assets near $100 billion
Bitcoin ETF inflow streak reaches $2.2 billion in six days as assets near $100 billion

Brent oil price falls below $89 per barrel on London ICE for first time since August 17

Brent crude futures for October 2026 delivery fell below $89 per barrel on London’s ICE for the first time since August 17, according to trading data. At 2:56 p.m. Moscow time, Brent was down 3.47% at $88.97. November Brent futures fell 4.72% to $87.60, while September WTI futures declined 3.54% to $82.

Energy & commoditiesBrent crudeoil pricesfuturesLondon ICE

TTASSOriginal★★☆☆☆2026-08-25 15:00

Brent oil price falls below $89 per barrel on London ICE for first time since August 17

WorldTehran sets US compliance with Islamabad agreement as condition for renewed dialogue

Tehran has made US compliance with the memorandum of understanding signed with Iran—especially provisions concerning management of the Strait of Hormuz—a key condition for resuming indirect talks with Washington, Tasnim reports. Pakistan is working to convey the position to the US. During his Tehran visit, Army Chief Asim Munir reportedly delivered no threats from Washington and instead sought to support renewed negotiations.

IranUnited StatesPakistanStrait of Hormuz

TTASSOriginal★★★★☆2026-08-25 14:50

Tehran sets US compliance with Islamabad agreement as condition for renewed dialogue
  • US economic D-Day sanctions: 'Repeated attacks of bombing across Iran failed to change the calculus'
    US economic D-Day sanctions: 'Repeated attacks of bombing across Iran failed to change the calculus'

    Atlantic Council Deputy Director and Resident Fellow Imran Bayoumi says the Trump administration is using sanctions to seek economic leverage over Iran after military force failed to produce results. The strategy depends on whether Washington can bring China, Iran’s biggest oil customer, into compliance, while Tehran has decades of sanctions experience and is again threatening regional escalation.

    US sanctionsIranChinaeconomic pressure

    FFrance 24★★★★☆2026-08-25 13:44Original
  • What are the new US economic sanctions on Iran and its trade partners?
    What are the new US economic sanctions on Iran and its trade partners?

    U.S. Treasury Secretary Scott Bessent announced on Monday what his department described as an economic onslaught against Iran, pairing fresh sanctions with threats aimed at Tehran’s trading partners.

    United StatesIraneconomic sanctions

    RReuters★★★★☆2026-08-25 12:31Original

Bitwise turns Coinbase's tokenized stocks into automated AI, robotics and tech portfolios

Crypto ETF issuer Bitwise is moving further into onchain asset management by using Coinbase’s tokenized stocks to create and manage automated portfolios focused on artificial intelligence, robotics and technology.

MarketsCryptoTech & AIBitwiseCoinbasetokenized stocksonchain asset management

CCoinDeskOriginal★★☆☆☆2026-08-25 14:50

Bitwise turns Coinbase's tokenized stocks into automated AI, robotics and tech portfolios
Bitwise turns Coinbase's tokenized stocks into automated AI, robotics and tech portfolios

Dick’s Sporting Goods stock falls 25% after earnings miss, retailer cites ‘challenging’ footwear market

Dick’s Sporting Goods reported fiscal second-quarter earnings on Tuesday that fell short of Wall Street expectations, citing what it described as a “challenging” footwear market. The retailer’s stock dropped 25%.

MarketsCompanies & industryDick's Sporting Goodsretailquarterly earnings

CCNBCOriginal★★☆☆☆2026-08-25 14:47

Dick’s Sporting Goods stock falls 25% after earnings miss, retailer cites ‘challenging’ footwear market
Dick’s Sporting Goods stock falls 25% after earnings miss, retailer cites ‘challenging’ footwear market

US widens Iran crypto sanctions as dollar threat revives Bitcoin and gold debate

Treasury Secretary Scott Bessent announced “Operation Economic Outcast,” sanctioning nearly 60 people, entities and vessels while expanding US targeting authority across Iran’s digital-asset, technology, gold, aviation and shipping sectors. Washington also threatened to remove entities aiding Iranian money laundering from the dollar system, reviving debate over whether using dollar access as a weapon could boost demand for Bitcoin and gold.

MarketsEnergy & commoditiesTrade & sanctionsCryptoUS sanctionsIrancryptocurrencydollar systemBitcoin

CCryptoSlateOriginal★★★★☆2026-08-25 14:30

US widens Iran crypto sanctions as dollar threat revives Bitcoin and gold debate
US widens Iran crypto sanctions as dollar threat revives Bitcoin and gold debate

Rosatom negotiating construction of two more units at Egypt’s El Dabaa NPP

Rosatom is discussing a second phase of the El Dabaa Nuclear Power Plant’s potential expansion with Egypt, including the construction of two additional units and the financial and economic model for units five and six. Nuclear fuel for the first unit is scheduled for delivery in 2027.

Energy & commoditiesEl Dabaa NPPRosatomEgyptnuclear energy

TTASSOriginal★★★☆☆2026-08-25 14:26

Rosatom negotiating construction of two more units at Egypt’s El Dabaa NPP

Could Volkswagen's crunch week decide Germany's auto future?

Volkswagen management is meeting angry workers this week over an unprecedented restructuring drive that could eliminate up to 100,000 jobs and put several German factories at risk. The company faces pressure from Chinese rivals, the shift to electric vehicles, high costs and overcapacity, while unions say communication of the plans has been “disastrous.” CEO Oliver Blume calls VW’s condition “more than critical.”

Companies & industryVolkswagenGerman auto industryrestructuringjob cuts

DDWOriginal★★★☆☆2026-08-25 13:57

Could Volkswagen's crunch week decide Germany's auto future?
Could Volkswagen's crunch week decide Germany's auto future?

Crypto custody firm Copper has potential buyers, but offers fall far below its $500 million asking price

Crypto custody firm Copper has attracted potential buyers, but their offers are well below the $500 million asking price. Once valued at $2.5 billion, the company was marketed by investment bank Cantor Fitzgerald for about $500 million in May.

Energy & commoditiesCryptoCompanies & industrycryptocurrencycustody firmacquisition

CCoinDeskOriginal★★☆☆☆2026-08-25 13:48

Crypto custody firm Copper has potential buyers, but offers fall far below its $500 million asking price
Crypto custody firm Copper has potential buyers, but offers fall far below its $500 million asking price

The9 lost $13M operating, but paper gains on its token opened a path to major bonuses

Nasdaq-listed The9 posted $32.4 million in second-quarter net income despite just $712,000 in revenue, no crypto-mining revenue and a $13.4 million operating loss. The result was driven by a $47.2 million fair-value gain on its 9BIT tokens and $11.1 million in crypto rewards, non-cash items that helped satisfy one condition in its management incentive plan.

CryptoCompanies & industryThe99BIT tokencryptocurrencycorporate earnings

CCryptoSlateOriginal★★☆☆☆2026-08-25 13:45

The9 lost $13M operating, but paper gains on its token opened a path to major bonuses
The9 lost $13M operating, but paper gains on its token opened a path to major bonuses

EXCLUSIVE: India investigates fragrance giants over price collusion, document shows

India’s authorities are conducting a second antitrust investigation into global fragrance makers Givaudan, Firmenich and International Flavors & Fragrances, according to a regulatory document seen by Reuters.

Companies & industryIndiaantitrust investigationfragrance industryprice collusion

RReutersOriginal★★★☆☆2026-08-25 13:05

EXCLUSIVE: India investigates fragrance giants over price collusion, document shows
EXCLUSIVE: India investigates fragrance giants over price collusion, document shows

WuXi Biologics reports 4.3% first-half profit growth despite biotech headwinds

WuXi Biologics, one of China’s biggest contract drug developers, said profit attributable to shareholders rose 4.3 per cent to 2.44 billion yuan in the first half. Stronger demand and better capacity utilisation helped lift revenue by 18.4 per cent and improve margins.

Companies & industryWuXi Biologicsbiotechfirst-half earnings

SSouth China Morning PostOriginal★★☆☆☆2026-08-25 13:03

WuXi Biologics reports 4.3% first-half profit growth despite biotech headwinds
WuXi Biologics reports 4.3% first-half profit growth despite biotech headwinds

Why CoinShares’ 25% buyback plan might recycle shares to employees instead of shrinking supply

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.

MarketsCryptoCoinSharesshare buybackemployee equity plancrypto assets

CCryptoSlateOriginal★★☆☆☆2026-08-25 12:40

Why CoinShares’ 25% buyback plan might recycle shares to employees instead of shrinking supply
Why CoinShares’ 25% buyback plan might recycle shares to employees instead of shrinking supply

Nigeria's jet fuel conundrum: Scarcity at home, abundance abroad

Nigeria has become Europe's largest jet fuel supplier over the past two months, with the Dangote refinery producing about 24 million liters a day and sending much of it abroad after supply disruptions linked to the Iran war and the closure of the Strait of Hormuz. At home, deregulated pricing and competition from larger international buyers are leaving airlines short of fuel, pushing them into debt, route cuts, higher fares, cancellations and delays.

Energy & commoditiesNigeriajet fuelDangote refineryEuropean supply

DDWOriginal★★★☆☆2026-08-25 12:37

Nigeria's jet fuel conundrum: Scarcity at home, abundance abroad
Nigeria's jet fuel conundrum: Scarcity at home, abundance abroad

India’s Axis Bank bets on data centres and gold loans to outpace industry credit growth

Axis Bank, India’s third-largest private bank by assets, expects its credit growth to exceed the industry average by 300 basis points this fiscal year, Chief Executive said, citing strong corporate and retail demand.

Energy & commoditiesBanking & financeCompanies & industryTech & AIAxis BankIndia bankingcredit growth

RReutersOriginal★★★☆☆2026-08-25 12:10

India’s Axis Bank bets on data centres and gold loans to outpace industry credit growth
India’s Axis Bank bets on data centres and gold loans to outpace industry credit growth

A 3% token move triggers $36 million in Ethereum DeFi liquidations

A wallet’s heavy purchase of a yield token pushed down the price of its paired principal token. The 3% move was enough to trigger liquidations among borrowers using that token as collateral, totaling $36 million.

CryptoEthereumDeFitoken liquidations

CCoinDeskOriginal★★☆☆☆2026-08-25 12:03

A 3% token move triggers $36 million in Ethereum DeFi liquidations
A 3% token move triggers $36 million in Ethereum DeFi liquidations

Some Bitcoin holders face tax bills when they leave, not when they sell

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.

Macro & central banksMarketsCryptoBitcointax residencycapital gains taxcrypto assets

CCryptoSlateOriginal★★☆☆☆2026-08-25 11:35

Some Bitcoin holders face tax bills when they leave, not when they sell
Some Bitcoin holders face tax bills when they leave, not when they sell

Jackson Hole could further formalise emerging Fed-Treasury accord

Stablecoins are expected to boost demand for the short-term debt that the Treasury is increasingly relying on. They will be the central theme of this year’s Jackson Hole symposium, which could further formalise an emerging accord between the Fed and Treasury.

Macro & central banksCryptoJackson HoleFederal ReserveUS Treasurystablecoins

FFinancial TimesOriginal★★★☆☆2026-08-25 11:30

Jackson Hole could further formalise emerging Fed-Treasury accord

Gas injections into European storage hit six-year low in August

Net gas injections into EU underground storage facilities reached their lowest August level in six years, according to TASS calculations based on Gas Infrastructure Europe data. Since early April, Europe has injected just 56% of the volume needed for winter. Storage facilities are 62.99% full, the lowest level for this date since records began in 2011.

Energy & commoditiesEuropenatural gasgas storageenergy market

TTASSOriginal★★★★☆2026-08-25 11:16

Gas injections into European storage hit six-year low in August

Volkswagen workers and Lower Saxony prepare alternative turnaround plans, sources say

Volkswagen’s labour representatives and major shareholder Lower Saxony have prepared alternative turnaround proposals that they intend to present at a supervisory board meeting next week, according to three people familiar with the matter.

Companies & industryVolkswagenturnaround plansLower Saxony

RReutersOriginal★★★☆☆2026-08-25 11:15

Volkswagen workers and Lower Saxony prepare alternative turnaround plans, sources say
Volkswagen workers and Lower Saxony prepare alternative turnaround plans, sources say

Kazakhstan to lose 3.5 mln tons of oil output due to CPC attacks — Energy Ministry

Kazakhstan expects to lose about 3.5 million metric tons of oil production this year because drone attacks damaged Caspian Pipeline Consortium infrastructure, Energy Minister Yerlan Akkenzhenov said. The annual target has been cut from 98 million to 96 million metric tons, while oil transit to Germany via the Druzhba pipeline is not planned to resume in the next three months.

Energy & commoditiesCompanies & industryKazakhstanoil productionCaspian Pipeline Consortiumdrone attacks

TTASSOriginal★★★☆☆2026-08-25 10:47

Kazakhstan to lose 3.5 mln tons of oil output due to CPC attacks — Energy Ministry

Bank of Russia buys $69.92 mln worth of yuan

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.

Macro & central banksMarketsBank of Russiayuanforeign exchange market

TTASSOriginal★★☆☆☆2026-08-25 10:37

Bank of Russia buys $69.92 mln worth of yuan

Will tougher US sanctions disrupt Iran’s shadow economy?

The United States is widening sanctions on Iran’s financial networks, targeting crypto, gold, aviation and shipping while warning foreign entities that help move Iranian funds. Analysts say the pressure could worsen inflation and expand informal markets without changing Tehran’s behavior.

Macro & central banksTrade & sanctionsUS sanctionsIranshadow economyinflation

DDWOriginal★★★★☆2026-08-25 10:34

Will tougher US sanctions disrupt Iran’s shadow economy?
Will tougher US sanctions disrupt Iran’s shadow economy?
  • Iran threatens retaliation as new US sanctions hit struggling economy
    Iran threatens retaliation as new US sanctions hit struggling economy

    Iranian officials are keeping up their tough rhetoric toward the United States after Washington announced a fresh package of sanctions. Tehran has promised countermeasures as the country continues to suffer from already high inflation.

    IranUS sanctionsinflation

    FFrance 24★★★★☆2026-08-25 09:36Original
  • Who are Iran’s top trading partners the US would need to target to isolate it?
    Who are Iran’s top trading partners the US would need to target to isolate it?

    The US is seeking to cut Iran off from the global economy. Treasury Secretary Scott Bessent announced a new sanctions wave, dubbed “Operation Economic Outcast”, covering nearly 60 entities, people and vessels and extending secondary sanctions to shipping, gold, aviation, technology and digital assets. Official figures show Iran exported about $56bn to at least 112 countries and territories in 2024 and imported $68.5bn from at least 87, with trade increasingly oriented towards Asian and regional partners.

    IranUS sanctionstrade partnersglobal economy

    AAl Jazeera★★★★☆2026-08-25 09:23Original

Kazakhstan says Kondensat refinery will process Russian oil

Kazakh Energy Minister Yerlan Akkenzhenov said the Kondensat refinery will process Russian oil delivered by rail. Up to 30% of the resulting gasoline and diesel will remain in Kazakhstan, while 70% will be shipped to Russia. He said the project could bring investment and preserve jobs.

Energy & commoditiesKazakhstanRussian oilrefineryrail transport

TTASSOriginal★★☆☆☆2026-08-25 10:29

Kazakhstan says Kondensat refinery will process Russian oil

Solana ETFs extend growth streak to five days after year's biggest inflows

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.

MarketsCryptoSolana ETFsfund inflowscryptocurrency

CCoinDeskOriginal★★☆☆☆2026-08-25 10:25

Solana ETFs extend growth streak to five days after year's biggest inflows
Solana ETFs extend growth streak to five days after year's biggest inflows

A $215 Billion Altcoin Rally Depends on Bitcoin Holding Its Reclaimed Market Structure

Altcoins added $215 billion in market value from Aug. 19 to Aug. 22, lifting TOTAL2 more than 24% and back above $1 trillion. With 56% of Binance-listed altcoins reclaiming their 200-day averages, analysts see an early altseason signal, although the market is already short-term overbought. The rally’s durability depends on Bitcoin holding the roughly $75,000–$76,000 support zone it recently reclaimed.

CryptoAltcoinsBitcoinCrypto marketsMarket structure

CCryptoSlateOriginal★★☆☆☆2026-08-25 10:20

A $215 Billion Altcoin Rally Depends on Bitcoin Holding Its Reclaimed Market Structure
A $215 Billion Altcoin Rally Depends on Bitcoin Holding Its Reclaimed Market Structure

Japan Inc seeks new hedges for a long era of yen weakness

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.

Macro & central banksMarketsTrade & sanctionsJapan economyyenimport costs

RReutersOriginal★★☆☆☆2026-08-25 10:10

Japan Inc seeks new hedges for a long era of yen weakness
Japan Inc seeks new hedges for a long era of yen weakness

Melrose shares rise on Garden Grove plant reopening target

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.

MarketsCompanies & industryMelrose IndustriesGKN AerospaceGarden Groveplant reopening

RReutersOriginal★★☆☆☆2026-08-25 10:05

Melrose shares rise on Garden Grove plant reopening target
Melrose shares rise on Garden Grove plant reopening target

Asia’s super-rich are ‘going all in’ on sustainability as impact investing grows: survey

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.

MarketsAsia-Pacificsustainabilityimpact investingfamily officesHong Kong

SSouth China Morning PostOriginal★★☆☆☆2026-08-25 09:59

Asia’s super-rich are ‘going all in’ on sustainability as impact investing grows: survey
Asia’s super-rich are ‘going all in’ on sustainability as impact investing grows: survey

It Should Be Harder to Apply for a Job. No, Really

With fewer open roles, one-click applications, and the rise of artificial intelligence, applying for a job has become easier than ever. The story argues that everyone is paying the price for that convenience.

Tech & AIjob applicationsemployment marketartificial intelligence

WWIREDOriginal★★☆☆☆2026-08-25 09:30

It Should Be Harder to Apply for a Job. No, Really
It Should Be Harder to Apply for a Job. No, Really

Bitcoin tops $80,000 as Treasury weighs $950 billion cash pile for bond buybacks

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.

MarketsCryptoBitcoinUS Treasurybond buybacksbond market

CCryptoSlateOriginal★★★★☆2026-08-25 09:20

Bitcoin tops $80,000 as Treasury weighs $950 billion cash pile for bond buybacks
Bitcoin tops $80,000 as Treasury weighs $950 billion cash pile for bond buybacks

Bessent gets Drucked

The item invokes the warning that governments defending prices against fundamentals always lose, framing it as a criticism of Bessent.

OtherScott Bessentpriceseconomic fundamentals

FFinancial TimesOriginal★★☆☆☆2026-08-25 09:17

Bessent gets Drucked

Asian shares mostly gain as oil prices hold steady amid increased US pressure on Iran

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.

MarketsEnergy & commoditiesAsian stocksoil pricesUnited StatesIran

TThe Associated PressOriginal★★★☆☆2026-08-25 09:00

Asian shares mostly gain as oil prices hold steady amid increased US pressure on Iran
Asian shares mostly gain as oil prices hold steady amid increased US pressure on Iran

Kazakhstan to cut 2026 oil output target due to CPC attacks

Kazakhstan will lower its oil production target for this year because of drone attacks on Caspian Pipeline Consortium infrastructure, Energy Minister Yerlan Akkenzhenov said. The target has been reduced from 98 million metric tons to 96 million metric tons, following earlier plans for 99.55 million tons.

Energy & commoditiesCompanies & industryKazakhstanoil productionCaspian Pipeline Consortiumdrone attacks

TTASSOriginal★★★☆☆2026-08-25 08:40

Kazakhstan to cut 2026 oil output target due to CPC attacks

As Canada prepares to retaliate in the trade war, what pain can it inflict on the US?

Canada says it will announce on August 25 how it will respond to President Donald Trump’s new tariffs. Talks failed to prevent new 50% US duties on selected Canadian goods, and France 24 examines the pressure Canada could apply in return.

Trade & sanctionsCanadaUnited Statestrade wartariffs

FFrance 24Original★★★★☆2026-08-25 08:38

As Canada prepares to retaliate in the trade war, what pain can it inflict on the US?
As Canada prepares to retaliate in the trade war, what pain can it inflict on the US?

Tether’s $120 million Uruguay mining failure shadows its next Bitcoin bet in Brazil

Tether abandoned its Uruguay Bitcoin mining venture after a dispute with state utility UTE over electricity terms. A former contractor estimated spending at about $120 million across two sites, though Tether has not disclosed that figure as a confirmed loss. The episode now puts added scrutiny on Tether’s smaller renewable-energy mining pilot with Adecoagro in Brazil.

Energy & commoditiesCryptoTetherBitcoin miningUruguayBrazil

CCryptoSlateOriginal★★☆☆☆2026-08-25 08:30

Tether’s $120 million Uruguay mining failure shadows its next Bitcoin bet in Brazil
Tether’s $120 million Uruguay mining failure shadows its next Bitcoin bet in Brazil

County-level markets drive robust growth in China’s retail sector

A NielsenIQ report says county-level markets have become a key engine of China’s retail expansion, with sales approaching 20 trillion yuan. They account for 43% of national FMCG sales and 67% of durable-goods sales. Premium categories rose 16% and omnichannel sales increased 12.5% year on year, while nine government agencies introduced 18 measures to boost county consumption.

Macro & central banksCompanies & industryChina retailcounty marketsconsumer spending

CChina News ServiceOriginal★★★☆☆2026-08-25 08:27

County-level markets drive robust growth in China’s retail sector

Nigerian content creator helps Chinese farm machinery reach overseas markets

Nigerian sales representative Onyekwelu Patrick Chinazam, known in China as Zheng Zewei, is using short videos to promote Zhejiang Jiying Intelligent Agricultural Machinery Equipment and attract overseas customers. His TikTok account has more than 20,000 followers, while one post drew over 1.2 million views. He mainly serves Southeast Asian markets, selling up to 16 machines a month to Malaysia.

OtherChinese farm machineryoverseas marketsTikTokNigeria

CChina News ServiceOriginal★★☆☆☆2026-08-25 08:08

Nigerian content creator helps Chinese farm machinery reach overseas markets

Russian marketplace Ozon announces support measures for sellers after Ukrainian drone attacks

Russian online marketplace Ozon says it will support sellers affected by Ukrainian drone attacks on its warehouses. Sellers with Ingosstrakh policies covering such damage can seek compensation for destroyed goods, while Ozon will waive storage fees at damaged facilities and move or redirect shipments free of charge. Ukraine has targeted Ozon logistics centers in several Russian regions since August 22.

OtherOzondrone attacksRussiaUkraine

MMeduzaOriginal★★☆☆☆2026-08-25 08:06

Russian marketplace Ozon announces support measures for sellers after Ukrainian drone attacks
Russian marketplace Ozon announces support measures for sellers after Ukrainian drone attacks

Bitcoin rises 4.13% to $80,756, Ethereum up 1.89% to $2,508

Bitcoin gained 4.13% to $80,756 and Ethereum rose 1.89% to $2,508 by 10:10 a.m. Moscow time, according to Binance. CoinMarketCap put total cryptocurrency market capitalization at $2.71 trillion on August 25. More than 96,000 traders had positions worth $647.91 million liquidated globally over the past 24 hours, with short positions accounting for $456.61 million.

CryptoBitcoinEthereumcryptocurrency market

TTASSOriginal★★☆☆☆2026-08-25 08:01

Bitcoin rises 4.13% to $80,756, Ethereum up 1.89% to $2,508

Franklin Templeton and HashKey launch tokenized U.S. money fund in Asia

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.

MarketsCryptotokenized fundsdigital assetsmoney market funds

CCoinDeskOriginal★★☆☆☆2026-08-25 07:55

Franklin Templeton and HashKey launch tokenized U.S. money fund in Asia
Franklin Templeton and HashKey launch tokenized U.S. money fund in Asia
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