Trump Jr.’s 1789 Capital is reportedly leading a $1 billion funding round for Polymarket, contributing about $300 million in addition to an existing stake worth roughly $200 million. The prediction market’s valuation has risen from $15 billion to $21 billion.
C
CoinDeskOriginal★★☆☆☆2026-09-01 04:19
Russia has begun the mass rollout of its digital ruble, with major banks and retailers opening infrastructure for transactions and individuals able to choose the new currency format. The system will expand in stages, with all credit institutions joining by September 2028. Individual payments and transfers are free, while businesses are exempt from fees through the end of this year.
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TASSOriginal★★★☆☆2026-09-01 04:10
Analysts warn that the agreement involving 65bn barrels may fail to attract investment from US groups and could destabilise Venezuela’s interim president.
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Financial TimesOriginal★★★★☆2026-09-01 04:00
Analysts warn that the agreement may fail to attract investment from US companies and could destabilise Venezuela’s interim government.
An unprecedented arrangement giving the United States access to one-fifth of Venezuela’s oil reserves, along with a central role for a Venezuelan businessman, is causing questions and hesitation among some oil companies considering investments in the country, people familiar with the matter told Reuters.
The White House released on Monday the terms of a U.S.-Venezuela oil deal involving North American Blue Energy Partners.
The White House says Venezuela's interim authorities awarded North American Blue Energy Partners, which is backed by the United States, 100-year concessions covering 17 oil fields.
Venezuelan crude exports rebounded in August as US President Donald Trump’s administration moved to seek greater control over the country’s oil sector.
Donald Trump says Venezuela’s oil wealth, which he describes as being of “unbelievable value,” had remained dormant before a deal with the United States. He adds that US refineries are designed for Venezuelan heavy oil, calling heavy oil a good thing rather than a bad one.
After years of struggling to secure a banking licence, Revolut now aims to shake up the industry with an “everything app.”
FFinancial TimesOriginal★★☆☆☆2026-09-01 04:00
A controversial financing deal between luxury carmaker Aston Martin and BlackRock-owned credit firm HPS has triggered opposition from bondholders and set up a high-stakes legal battle.
FFinancial TimesOriginal★★☆☆☆2026-09-01 04:00
Expectations that the US Federal Reserve will raise its target interest rate by a quarter percentage point this month have grown after Fed chairman Kevin Warsh spoke last week. CME’s FedWatch tool showed the implied probability had doubled, with markets pricing in a 60% chance, prompting Hong Kong’s property market to prepare for the possible impact.
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South China Morning PostOriginal★★☆☆☆2026-09-01 04:00
As XRP rallied 40% toward $1.40, outstanding futures positions outside CME dropped by more than 500 million tokens over two weeks. Exposure on the regulated U.S. exchange rose by about 36%.
CCoinDeskOriginal★★☆☆☆2026-09-01 03:49
Nasdaq-listed DeFi Development Corp plans to raise $20 million through a preferred stock offering. The company says it intends to use the proceeds to acquire more Solana and other crypto-related investments.
TThe BlockOriginal★★☆☆☆2026-09-01 03:46
Japan’s benchmark bond yield has reached 3% for the first time since 1996. US Treasury Secretary Scott Bessent signalled that he expects the Bank of Japan to raise rates soon.
FFinancial TimesOriginal★★★☆☆2026-09-01 03:42
A mayor in Toronto’s suburbs is wondering whether anyone can rescue an auto plant. An analyst says metals tariffs are merely “symbolic.”
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Bloomberg NewsOriginal★★☆☆☆2026-09-01 03:30
Fast-fashion giant Shein fell almost 8% on its first day of trading in Hong Kong after unsuccessful efforts to list in the US and UK. The offering raised HK$13.6bn and valued the company at $26.3bn, as labour, environmental and regulatory concerns, competition and trade tensions weigh on its prospects.
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BBC NewsOriginal★★☆☆☆2026-09-01 02:51
Fast-fashion retailer Shein’s shares fell 10% on their Hong Kong trading debut after the company completed its long-delayed initial public offering at a bargain-basement valuation.
Shein Global Holdings Ltd. shares dropped as much as 10% in their Hong Kong debut. The initial public offering had raised HK$13.6 billion, or $1.7 billion.
Fast-fashion giant Shein’s shares fell 7% as the company made its Hong Kong market debut on Tuesday, following years of attempts to go public.
Private surveys showed that a surge in worldwide demand for AI hardware kept Asian factories busy in August, improving the outlook for the export-dependent region. The prolonged war in the Middle East continued to drive uncertainty and higher costs.
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ReutersOriginal★★★★☆2026-09-01 02:50
The 11th Eastern Economic Forum opened in Vladivostok on September 1 and will run through September 4. Under the theme “The Far East: Development for the Benefit of People,” participants will discuss housing, urban development, jobs, technology, infrastructure and ways to attract private capital. President Vladimir Putin is due to attend and hold bilateral meetings with foreign delegates.
TTASSOriginal★★★☆☆2026-09-01 02:37
China’s national railway network transported 76.103 million metric tons of cargo from Aug. 24 to 30, down 4.72% week on week, Ministry of Transport data showed. Highway freight, port throughput, container handling and civil aviation flights also declined, while parcel collection and deliveries increased.
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China News ServiceOriginal★★☆☆☆2026-09-01 02:22
The mystery surrounding how a chain of gas stations managed to sell fuel below the market rate has become more intriguing.
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CNNOriginal★★☆☆☆2026-09-01 02:01
Global bond selling pushed yields to major new highs on Tuesday, while renewed fighting in the Middle East drove oil above $90 a barrel and weighed on stock markets worldwide.
RReutersOriginal★★★★☆2026-09-01 02:00
China’s leading brokerages are intensifying their overseas expansion, investing billions of yuan in international operations as cross-border deals increase and overseas profits rise. Citic Securities reported a 45.5 per cent year-on-year increase in revenue from outside mainland China to 15.86 billion yuan in the first half of the year.
SSouth China Morning PostOriginal★★☆☆☆2026-09-01 02:00
Yili recorded growth in both revenue and core operating profit in the first half of 2026.
CChina News ServiceOriginal★★☆☆☆2026-09-01 01:49
Japan’s manufacturing sector strengthened in August, with new business expanding at its fastest rate since January 2018, a business survey showed. Robust demand for semiconductors and AI-related products supported the increase.
RReutersOriginal★★★☆☆2026-09-01 01:40
Young consumers are increasingly choosing customizable cold beverages over traditional hot coffee. Starbucks says three out of every four drinks it sells are now cold, while analysts describe the category as central to the company’s recovery from a sales slump and its return-to-profit strategy.
BBBC ChineseOriginal★★☆☆☆2026-09-01 01:19
Two embattled Trump administration officials faced criticism on Tuesday as the war in the Middle East flared up again. The contrasting signals frame a debate between pushing harder for economic growth and watching for reasons to slow policy down.
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CNBCOriginal★★★☆☆2026-09-01 01:19
Oil trading is becoming easier for individual investors to enter as smaller futures contracts, ETFs and online brokerages reduce longstanding barriers to the market.
CCNBCOriginal★★☆☆☆2026-09-01 00:49
Canada’s planned retaliation against US tariffs could shield some domestic manufacturers, but Oxford Economics says it would also raise costs and leave many industries worse off.
BBloomberg NewsOriginal★★★☆☆2026-09-01 00:30
The European Union says it will suspend imports of Brazilian meat and other animal products from Thursday because of concerns that Brazil is not complying with EU rules on antibiotic use in livestock. The measure covers poultry, beef, eggs and honey, with no date given for resuming trade.
FFrance 24Original★★★★☆2026-09-01 00:14
UK retailers increased prices last month by the most in over two years. Higher energy costs raised the price of some processed foods, while the artificial intelligence boom increased costs for consumer electronics using similar components.
RReutersOriginal★★★☆☆2026-09-01 00:01
President Donald Trump made tariffs central to US economic policy from the beginning of his second term. After the Supreme Court invalidated broad import duties imposed under emergency powers, he turned to Section 122 of the Trade Act of 1974 to impose a flat 10% levy on imports. Those tariffs are time-limited and expired on July 24.
BBloomberg NewsOriginal★★★★☆2026-09-01 00:00
Shein Global Holdings shares fell as much as 28% in grey-market trading before the company’s Hong Kong debut. They closed 13.1% lower at HK$42.2 on Monday evening, adding to concerns about the company’s valuation.
SSouth China Morning PostOriginal★★★☆☆2026-09-01 00:00
The Canadian dollar recovered on Monday from a two-week low against the U.S. dollar, supported by rising oil prices and month-end hedging transactions by investors. Markets were also awaiting a Bank of Canada interest rate decision due midweek.
RReutersOriginal★★☆☆☆2026-08-31 23:50
The large-scale oil production agreement disclosed by Venezuela and the United States last week uses a complex three-layer structure to develop at least part of the proved reserves in the 17 oilfields covered by the deal. Together, they contain 64 billion barrels of proved reserves.
RReutersOriginal★★★★☆2026-08-31 23:40
US President Donald Trump and Venezuela’s acting president, Delcy Rodríguez, announced an agreement giving the United States majority control of more than 65 billion barrels of Venezuela’s proven oil reserves. Both governments say it will benefit their populations, while some Venezuelans have voiced concern.
Wells Fargo analyst Timna Tanners called Canada’s latest retaliatory tariffs on U.S. steel and aluminum largely symbolic, arguing that the trade war has already made American metals too expensive to import.
BBloomberg NewsOriginal★★☆☆☆2026-08-31 23:30
Strategy raised $602.8 million by selling 4,531,421 MSTR shares in a week. It allocated $369.7 million to buy 4,603 Bitcoin, $151.8 million to repurchase STRC preferred shares, $50.7 million to STRC dividends, and $30 million to USD Cash. The filing shows common-stock proceeds supporting both Bitcoin accumulation and preferred-stock obligations.
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CryptoSlateOriginal★★☆☆☆2026-08-31 23:20
North American Blue Energy Partners, a U.S. oil company, will take over some Venezuelan oilfields previously controlled by five Chinese companies and one Russian firm, two U.S. officials told Reuters on Monday.
RReutersOriginal★★★★☆2026-08-31 23:10
U.S. President Donald Trump said Monday that ExxonMobil, the country’s largest oil major, was among a group of companies planning to do business in Venezuela.
Chevron and GE Vernova of the United States, India’s ONGC, Italy’s Eni and Colombia’s GeoPark are preparing to sign final agreements in Venezuela, five people close to the preparations said. The deals follow months of negotiations to advance energy projects in the OPEC member state.
The Federal Trade Commission and 22 states accused retail giant Amazon of deceiving businesses by charging excessive prices for advertising on its vast retail platform, allegedly pocketing billions of dollars for the company.
CCNNOriginal★★★☆☆2026-08-31 23:01
The FTC and 22 state attorneys general are suing Amazon, alleging it used a “secret ad surcharge” to raise advertising prices on its website and app. The complaint says Amazon manipulated ad auctions and may have unlawfully extracted more than $20 billion from advertisers. Amazon calls the case misguided and says the FTC misunderstands advertiser behavior.
The US Federal Trade Commission and 22 states accuse Amazon of manipulating online advertising auctions, allegedly overcharging more than a million advertisers and making about $20bn since 2019. Amazon strongly rejects the claim and says the FTC misunderstands its advertising market.
The US Federal Trade Commission is preparing to sue Amazon over allegations that the e-commerce giant misled advertisers about prices, according to a person familiar with the matter.
The Federal Trade Commission alleges that Amazon manipulated advertising prices and overcharged about 1.2mn businesses seeking to promote their products.
The Federal Trade Commission sued Amazon, alleging that the ecommerce giant misled advertisers through a deceptive auction system.
Chinese automaker BYD Co. inquired about taking over an idled Stellantis NV plant in the Toronto suburbs, according to a local politician. The move signals possible global interest in Canadian auto hubs amid a trade battle with the US.
BBloomberg NewsOriginal★★☆☆☆2026-08-31 23:00
Foreign investors increased their exposure to yuan-traded Chinese stocks by about one-third in the second quarter, targeting companies linked to the artificial-intelligence supply chain and China’s strategic green-energy sector. Global fund managers held 10.1 billion mainland-listed shares at the end of June, up from 7.5 billion in the first quarter, while the value of those holdings rose 87% to 272.8 billion yuan (US$40.6 billion).
SSouth China Morning PostOriginal★★★☆☆2026-08-31 23:00
In many respects, the party appears to be over for U.S. and European companies that once held a major advantage in China.
CCNBCOriginal★★☆☆☆2026-08-31 23:00
Negotiators for Boeing and the union representing engineers and technical workers in Washington and other states will resume contract negotiations on Sept. 8, the union said Monday.
RReutersOriginal★★☆☆☆2026-08-31 22:30
Robinhood Chain recorded a monthly high of $989 million in daily decentralized-exchange volume in August, while total value locked continued to rise. Utility tokens gained ground against memecoins during the period.
TThe BlockOriginal★★☆☆☆2026-08-31 22:21
Japanese companies are expanding aggressively in India as their domestic market shrinks and investment in China becomes less attractive amid geopolitical tensions. Retail brands such as Uniqlo and Muji are growing, while Japanese banks pursue Indian financial assets. Firms announced $12.5bn in India investments through about 120 agreements, including in semiconductors and green energy.
BBBC NewsOriginal★★★★☆2026-08-31 22:07
Federal Reserve Chair Kevin Warsh told G20 finance leaders on Monday that a global investment surge is helping drive growth. He said the shift reverses earlier savings gluts, when limited investment opportunities left capital parked in low-yield instruments.
RReutersOriginal★★★☆☆2026-08-31 22:05
Japan’s bonds and currency face pressure after the Federal Reserve chair’s speech at Jackson Hole. The newsletter also reports that India’s GDP exceeded expectations and that South Korea jailed the leader of the Unification Church over a bribery scandal.
FFinancial TimesOriginal★★★☆☆2026-08-31 21:33
Brazilian and U.S. officials held a virtual meeting on Monday to discuss tariffs imposed by the Trump administration and agreed to meet again at a later date, Brazil’s industry and trade ministry said.
RReutersOriginal★★★☆☆2026-08-31 21:15
Trump argued that rapid U.S. economic growth should not lead the Federal Reserve to raise interest rates, even as inflation remains above the central bank’s 2% target. He said growth could reach 20%, a level seen only once since World War II.
CCNBCOriginal★★★☆☆2026-08-31 20:50
Economists Sergey Vakulenko and Vyacheslav Shiryaev debated the scale of Russia’s fuel crisis after strikes on oil refineries. Vakulenko estimated refining had declined by 25–28%, while Shiryaev said 65–70% of capacity had been knocked out and accused optimistic assessments of prolonging the war. They also disputed gasoline, diesel, and gas-station supply figures.
MMeduzaOriginal★★★☆☆2026-08-31 20:22
Solana fees have reached a record as validators double the pace of inflation cuts. Less new SOL supply will enter the market each year, meaning validators will earn less for doing the same amount of work.
TThe BlockOriginal★★☆☆☆2026-08-31 20:14
Crude oil stocks in the U.S. Strategic Petroleum Reserve declined by about 3.1 million barrels last week to 286.6 million barrels, the lowest level since November 1982, according to Department of Energy data.
RReutersOriginal★★★☆☆2026-08-31 20:01
Chinese markets are seeing a surge of new public share listings, fueled by enthusiasm for artificial intelligence. Shein’s Hong Kong listing comes amid a broader IPO boom also driven by robotics.
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The Associated PressOriginal★★★☆☆2026-08-31 20:00
Bitcoin traded near $77,700 on Aug. 31, up about 23.5% over 30 days. CryptoSlate’s model projects a median price of $81,319 for Sep. 29, while its P20-P80 range spans $72,502 to $91,049, pointing to further upside but substantial volatility. ETF inflows ended their nine-day streak with $201.9 million in net outflows on Aug. 28.
CCryptoSlateOriginal★★☆☆☆2026-08-31 19:50
The U.S. Trade Representative is seeking public input for its annual report to Congress on Russia’s compliance with World Trade Organization obligations. Written comments or requests to join an October 14 hearing are due by October 1, with feedback sought on trade, tariffs, controls, investment, intellectual property and procurement.
TTASSOriginal★★☆☆☆2026-08-31 19:40
Markets interpret Warsh as endorsing a rate hike in September, though the path to such a move still appears cluttered and not everyone is convinced.
CCNBCOriginal★★☆☆☆2026-08-31 19:38
Prediction-market platform Kalshi has permanently banned former Republican congressman George Santos after determining he likely engaged in insider trading by betting against his attendance at the State of the Union address.
TThe Associated PressOriginal★★☆☆☆2026-08-31 19:00
Kalshi announced a lifetime ban for disgraced former Rep. George Santos and penalties for three political candidates who bet on their own races.
Prediction market Kalshi fined a Republican nominee in a competitive House race on Monday and imposed its first lifetime ban on former Rep. George Santos following insider-trading investigations.
Prediction-market operator Kalshi has permanently barred former congressman George Santos after alleging that he used non-public information to bet on his attendance at Donald Trump’s State of the Union address. The company said misleading comments moved prices and that its compliance team found signs of insider dealing.
Kalshi has permanently barred former Rep. George Santos after he secretly wagered against his own undisclosed plans to attend the State of the Union.
Regulators say George Santos made public comments intended to increase the value of bets he had placed on whether he would attend the State of the Union address. Kalshi has barred the former US congressman from trading. The platform said the ban followed manipulation concerns.
Prediction market startup Kalshi permanently barred former U.S. congressman George Santos from its platform on Monday and imposed a $71,356 penalty, citing insider trading.
Prediction-market platform Kalshi has permanently banned George Santos for manipulation, marking its first lifetime ban. The move comes as the industry continues trying to demonstrate that it is addressing bad behavior.
Prediction marketplace Kalshi has permanently banned former U.S. Congressman George Santos, its first-ever permanent ban, after he bet on himself.
Kalshi has permanently barred former U.S. Rep. George Santos from trading, marking the platform’s first-ever permanent ban. The action concerns trading related to the State of the Union.
President Donald Trump said Friday that the United States had secured majority control of Venezuela’s 65 billion barrels of proven oil reserves, but the deal is not expected to bring down gasoline prices soon.
CCNBCOriginal★★★☆☆2026-08-31 18:54
Gold miner Polyus reported a 59% year-on-year decline in adjusted IFRS net profit to $829 million in the first half of 2026. Revenue rose 27% to $4.7 billion, partly supported by higher realized gold prices despite lower sales volumes. Capital spending reached $946 million, while total cash cost increased 64% to $1,069 per ounce.
TTASSOriginal★★★☆☆2026-08-31 18:35
A temporary Russian government decree will allow gas stations to sell Euro-2, Euro-3, and Euro-4 gasoline and diesel beginning September 1, with the measure lasting through June 30, 2027. The Energy Ministry says it is meant to stabilize supplies and reduce shortages, while stations must disclose the fuel’s environmental class. Euro-2 and Euro-3 fuels contain elevated sulfur and other impurities that harm the environment and modern cars.
MMeduzaOriginal★★★☆☆2026-08-31 18:21
Payward has reportedly submitted an outline of the proposed structure to the CFTC, while regulatory approval remains pending.
TThe BlockOriginal★★☆☆☆2026-08-31 18:16
Corporate Bitcoin holdings can obscure rights created by options, collars and secured loans. Disclosures from CleanSpark, PowerCompute and USBC show that Bitcoin may be delivered, used to cover debt, have its upside capped or remain under lender control, while figures from different companies and structures cannot be combined into one exposure total.
CCryptoSlateOriginal★★☆☆☆2026-08-31 18:10
The head of the world’s financial stability watchdog warned that advanced AI models pose a serious risk to the global financial system.
CCNNOriginal★★★★☆2026-08-31 18:00
Mortgage rates have climbed to their highest level since June 2025. Expectations that rates would fall this year were upended by the war with Iran and the resulting increase in oil prices.
CCNBCOriginal★★★☆☆2026-08-31 17:56
As buyout groups reach middle age, relying solely on other people’s money takes them only so far. KKR is a rare private equity firm willing to bet on itself.
FFinancial TimesOriginal★★☆☆☆2026-08-31 17:38
Kyiv’s Gulliver shopping and business center was officially listed for sale on Aug. 31 with a starting price of $207 million, a year after state-owned Oschadbank and Ukreximbank took it over from a sanctioned oligarch’s company. Kyiv business figures say the price may be too high amid Russia’s intensified attacks on Ukrainian businesses, and predict a failed auction could be followed by a lower-priced relaunch.
TThe Kyiv IndependentOriginal★★★☆☆2026-08-31 17:30
Williams Sonoma’s Labor Day Warehouse Sale offers discounts of up to 75% on bestselling cookware, vacuums, appliances and more, including products from KitchenAid, Le Creuset and Dyson.
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NBC NewsOriginal★☆☆☆☆2026-08-31 17:25
At a G20 finance meeting, Bessent told CNBC that he spoke with Stanley Druckenmiller after Druckenmiller published a critical op-ed. Bessent said the conversation went “fine.”
CCNBCOriginal★★★☆☆2026-08-31 17:25
Russian Finance Minister Anton Siluanov and U.S. Treasury Secretary Scott Bessent met on the sidelines of the G20 finance ministers and central bank governors meeting. Russia’s Finance Ministry said they discussed cooperation in the financial sphere and interaction within the G20. The meeting is being held in Asheville, USA, on August 31 and September 1.
TTASSOriginal★★★★☆2026-08-31 17:23
U.S. Treasury Secretary Scott Bessent met Russian Finance Minister Anton Siluanov at the G20 finance ministers’ summit in Asheville, North Carolina. Reports said they discussed Donald Trump’s plan to end the Russia-Ukraine war and possible economic cooperation. European governments objected to Siluanov’s attendance; he ultimately skipped the traditional group photo. It was his first in-person G20 meeting since Russia’s full-scale invasion of Ukraine.
Mike Khouw says the stakes are high heading into Broadcom’s earnings report, while pointing to a trade he believes could be a winner.
CCNBCOriginal★★☆☆☆2026-08-31 17:18
As of Aug. 25, leveraged funds held a 41,252 BTC-equivalent net short in CME Bitcoin futures, versus a 151 BTC-equivalent net long in Coinbase’s related contract. CME open interest was about 51 times larger, but the data cannot show whether the shorts are outright bets or hedges, so it does not yet establish that a violent squeeze is coming.
CCryptoSlateOriginal★★☆☆☆2026-08-31 17:05
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.
