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Bitcoin’s path to $80,000 faces $47 billion in profitable supply

With Bitcoin near $77,381, Glassnode estimates that 68% of circulating supply is profitable, up from 65% at the same price in May. That represents about 600,000 additional BTC, worth roughly $47 billion, that could be sold for gains. Short-term holders have a cost basis near $71,000, while long-term supply is concentrated around $83,000-$86,000. US spot Bitcoin ETFs recorded about $236 million in outflows this week, testing whether demand can absorb the potential selling.

MarketsCryptoBitcoincryptocurrencyETFsmarket analysis

CCryptoSlateOriginal★★☆☆☆2026-09-03 12:30

Bitcoin’s path to $80,000 faces $47 billion in profitable supply
Bitcoin’s path to $80,000 faces $47 billion in profitable supply

Is Germany's economic slump finally over?

Germany is showing tentative signs of recovery after a prolonged downturn. GDP grew 0.3% in the second quarter of 2026, several institutes raised their full-year growth forecasts to at least 1.3%, and business sentiment reached a one-year high. Structural problems, including industrial restructuring, Chinese competition and higher energy prices, remain.

Macro & central banksCompanies & industryGerman economyeconomic recoveryGDPbusiness sentiment

DDWOriginal★★★☆☆2026-09-03 12:30

Is Germany's economic slump finally over?
Is Germany's economic slump finally over?

Why has the Netherlands moved $10bn of its gold from the US?

The Dutch central bank says it relocated part of the Netherlands’ gold reserves from the United States and Canada to the United Kingdom to improve preparedness for severe crises. The country holds 612.4 tonnes of gold worth about $83.7bn; after the move, London holds 32.1%, while the US and Canada each hold 18.5%.

Macro & central banksEnergy & commoditiesNetherlandsgold reservescentral bankrisk diversification

AAl JazeeraOriginal★★★☆☆2026-09-03 12:25

Why has the Netherlands moved $10bn of its gold from the US?
Why has the Netherlands moved $10bn of its gold from the US?

Western funding not enough to offset Ukraine’s economic problems — Russian official

Kherson Region Governor Vladimir Saldo said Ukraine’s economy remains stagnant despite the West supplying Vladimir Zelensky with weapons, technology and money. Ukraine’s government expects $101 billion in aid in 2026-2027, while an additional $6.75 billion would be needed to pay troops in October.

Macro & central banksUkraine economyWestern aidpublic debt

TTASSOriginal★★★☆☆2026-09-03 12:25

Western funding not enough to offset Ukraine’s economic problems — Russian official

Russia expects to supply China with 50 bcm of gas this year — Novak

Russian Deputy Prime Minister Alexander Novak says Russia expects to deliver about 50 billion cubic meters of natural gas to China this year through Power of Siberia 1, with another 10 billion cubic meters supplied via Kazakhstan. Russia also provides China with liquefied natural gas.

Energy & commoditiesRussiaChinanatural gasPower of Siberia 1

TTASSOriginal★★★☆☆2026-09-03 12:20

Russia expects to supply China with 50 bcm of gas this year — Novak
  • Power of Siberia 2 project to be discussed at meeting with China on Friday — Novak

    Russian Deputy Prime Minister Alexander Novak said the route and commercial terms for the Power of Siberia 2 gas pipeline will be discussed at Friday’s meeting of the Russia-China intergovernmental commission on trade and economic relations. The planned pipeline would run through Mongolia and could carry up to 50 billion cubic meters of gas annually.

    Power of Siberia 2Russia-China energygas pipeline

    TTASS★★★★☆2026-09-03 12:13Original

German gas storage group calls for fee cuts, state loans to boost stocks

Germany’s gas storage industry association INES has proposed scrapping certain charges and providing subsidised government loans so storage facilities can reach adequate filling levels this winter despite unfavourable market conditions.

MarketsEnergy & commoditiesBanking & financeGermanygas storagegovernment loans

RReutersOriginal★★★☆☆2026-09-03 12:05

German gas storage group calls for fee cuts, state loans to boost stocks
German gas storage group calls for fee cuts, state loans to boost stocks

Trump claims oil flows through Strait of Hormuz recover to 18 million bpd

US President Donald Trump posted an infographic on Truth Social claiming oil flows through the Strait of Hormuz had recovered to 18 million barrels per day, versus 20 million before the conflict. Energy Secretary Chris Wright earlier said 17 million barrels crossed by ship on September 1.

Energy & commoditiesStrait of Hormuzoil flowsDonald Trump

TTASSOriginal★★★★☆2026-09-03 11:59

Trump claims oil flows through Strait of Hormuz recover to 18 million bpd

SciencePutin: New energy facilities to be built in Arctic

Russian President Vladimir Putin said new power-generation facilities, including small nuclear plants, will be built in the Arctic. Russia also plans data-processing centers in the Arctic and the Far East, with those plans already being implemented.

Arcticsmall nuclear plantsdata centersRussia

TTASSOriginal★★★☆☆2026-09-03 11:57

Putin: New energy facilities to be built in Arctic
  • Putin expects stable economic policy to attract foreign investment

    Russian President Vladimir Putin said at the Eastern Economic Forum that foreign investment would flow into Russia if the country ensured stable economic conditions. He noted that investment sources could vary widely and said Russia’s Far East had substantial potential for long-term cooperation.

    Russiaforeign investmenteconomic policyEastern Economic Forum

    TTASS★★★☆☆2026-09-03 11:48Original
  • Putin outlines Far East development plans at EEF, says he wants to ‘pass the ball’ to new Duma

    Speaking at the Eastern Economic Forum, Russian President Vladimir Putin said he wants to “pass the ball to the new convocation of the State Duma” and expects deputies to help improve the business climate. He also announced a new decade-long development strategy for the Far East. The region attracted about 25 trillion rubles in investment over 11 years, while its gross regional product more than tripled and unemployment fell to 2.2%.

    RussiaVladimir PutinFar East developmentEastern Economic Forum

    TTASS★★★★☆2026-09-03 11:43Original
  • China-Russia cooperation on Northern Sea Route boosts peoples’ well-being — Vice Premier

    Chinese Vice Premier Ding Xuexiang said cooperation with Russia on the joint development of the Northern Sea Route is rapidly expanding and helping improve the well-being of people in both countries. He also said construction of the eastern-route gas pipeline is progressing.

    ChinaRussiaNorthern Sea RouteEastern Economic Forum

    TTASS★★★☆☆2026-09-03 11:19Original
  • China’s vice premier stresses importance of stable energy links with Russia

    Chinese Vice Premier Ding Xuexiang stressed the need to maintain stable energy supplies between China and Russia’s Far East. Speaking at the Eastern Economic Forum plenary session, he called for using the region’s geographic and resource advantages, advancing key projects and keeping energy links operating steadily to strengthen the economic foundation and improve people’s well-being.

    ChinaRussian Far Eastenergy suppliesEastern Economic Forum

    TTASS★★★☆☆2026-09-03 11:13Original
  • EEF becomes key regional cooperation platform, Myanmar vice president says

    Myanmar Vice President Nyo Saw said the Eastern Economic Forum in Russia’s Far East has become an important platform for economic cooperation in the Asia-Pacific region. He said the forum is helping strengthen partnerships and find new ways to secure sustainable development amid global changes.

    Eastern Economic ForumMyanmarregional cooperationsustainable development

    TTASS★★☆☆☆2026-09-03 10:58Original

IN BRIEF: Russian Deputy Prime Minister Novak’s key statements on sidelines of EEF

Deputy Prime Minister Alexander Novak said Russia’s oil production is expected to decline modestly by the end of 2026 while exports remain stable. The government plans to balance domestic fuel supply and demand by raising refinery output and importing additional gasoline. Diesel and jet-fuel supplies are stable, though minor gasoline shortages persist in some regions.

Energy & commoditiesRussiafuel supplyrefineriesEastern Economic Forum

TTASSOriginal★★★☆☆2026-09-03 11:51

IN BRIEF: Russian Deputy Prime Minister Novak’s key statements on sidelines of EEF

Russia’s parallel imports may reach $20.5 bln in 2026 — minister

Russian Industry and Trade Minister Anton Alikhanov said the value of goods brought in through the parallel import mechanism could total about $20.5 billion in 2026. The figure was approximately $12.2 billion in the first seven months and may reach $13.8 billion for January-August. He called the decline in volumes a natural trend as domestic production expands and alternatives from friendly countries replace goods from unfriendly ones.

Trade & sanctionsRussiaparallel importstradeAnton Alikhanov

TTASSOriginal★★★☆☆2026-09-03 11:34

Russia’s parallel imports may reach $20.5 bln in 2026 — minister

Yen soars as Bank of Japan tipped to raise interest rates

The yen has gained more than 1.7% against the dollar, reaching 155.85, its strongest level in a month, as markets speculate that the Bank of Japan may raise interest rates. Comments from policymaker Hajime Takata increased expectations of an earlier hike, while investors remain uneasy after a global bond sell-off.

Macro & central banksMarketsyenBank of Japaninterest ratesfinancial markets

TThe GuardianOriginal★★★☆☆2026-09-03 11:28

Yen soars as Bank of Japan tipped to raise interest rates
Yen soars as Bank of Japan tipped to raise interest rates

Indonesia seeks early entry into force of EAEU free trade agreement — president

Indonesian President Prabowo Subianto said at the plenary session of the Eastern Economic Forum that Indonesia wants its free trade agreement with the Eurasian Economic Union to enter into force and be used as soon as possible. He said Indonesia had completed parliamentary approval and signed a ratification regulation in July, while urging EAEU members to finish their internal procedures.

Trade & sanctionsIndonesiaEurasian Economic Unionfree trade agreementPrabowo Subianto

TTASSOriginal★★★☆☆2026-09-03 11:25

Indonesia seeks early entry into force of EAEU free trade agreement — president

The yen is surging and helping bitcoin—for now

The yen’s rise has contributed to broad weakness in the U.S. dollar, pushing the Dollar Index lower. Bitcoin and gold are benefiting from the move for now.

MarketsCryptoJapanese yenBitcoinUS dollarfinancial markets

CCoinDeskOriginal★★☆☆☆2026-09-03 11:19

The yen is surging and helping bitcoin—for now
The yen is surging and helping bitcoin—for now

Hong Kong regulator reclassifies certain funds with private-market exposure

Hong Kong’s market regulator has designated some authorised funds with at least 50 per cent of their net asset value exposed directly or indirectly to private-market assets as complex products, raising the threshold for selling them to retail investors. The Securities and Futures Commission said it had observed some funds acquiring indirect private-market exposure.

Banking & financeHong Kongfundsprivate marketsfinancial regulation

SSouth China Morning PostOriginal★★☆☆☆2026-09-03 11:12

Hong Kong regulator reclassifies certain funds with private-market exposure
Hong Kong regulator reclassifies certain funds with private-market exposure

Novak: Russian oil refineries have active and passive defense systems

Russian Deputy Prime Minister Alexander Novak said the country’s oil refineries have both active and passive defense systems. The Energy Ministry has issued recommendations that companies are implementing, and Novak said the measures are already improving the effectiveness of protective structures.

Energy & commoditiesRussiaoil refineriesdefense systems

TTASSOriginal★★☆☆☆2026-09-03 11:09

Novak: Russian oil refineries have active and passive defense systems

Bitcoin-gold correlation reaches six-year high, but analysts doubt equity decoupling will last

Bitcoin’s correlation with gold has climbed to its highest level in six years. Glassnode is skeptical that bitcoin’s recent divergence from U.S. equities will persist, noting that similar moves in the past have tended to be short-lived.

MarketsEnergy & commoditiesCryptoBitcoingoldUS equitiesmarket analysis

TThe BlockOriginal★★☆☆☆2026-09-03 11:01

Bitcoin-gold correlation reaches six-year high, but analysts doubt equity decoupling will last
Bitcoin-gold correlation reaches six-year high, but analysts doubt equity decoupling will last

Novak: Russia’s fuel supply situation improves this week

Russian Deputy Prime Minister Alexander Novak said the country’s fuel supply situation improved this week after several refineries provided additional volumes to the domestic market. Authorities will continue balancing supply and demand through higher refinery output and additional gasoline imports.

Energy & commoditiesRussiafuel supplyoil refineriesAlexander Novak

TTASSOriginal★★★☆☆2026-09-03 10:56

Novak: Russia’s fuel supply situation improves this week

Senegalese consumers rally online against rising cost of living

Meat in Senegal has risen from 3,800 to 5,500 CFA francs per kilogram in a few months, while onion prices have doubled. Fuel, transport and rent have also become more expensive. Frustrated consumers in Dakar launched the #30DaysForTheRightPrice digital campaign to warn authorities about the social impact on the most vulnerable households.

Macro & central banksCompanies & industrySenegalDakarcost of livingprice increases

FFrance 24Original★★★☆☆2026-09-03 10:53

Senegalese consumers rally online against rising cost of living
Senegalese consumers rally online against rising cost of living

Big Oil’s new playbook: BP refinery lockout signals shift in labor battles

BP and the United Steelworkers have reached an impasse in contract talks after the British oil major broke with the industry’s national bargaining pattern. BP sought concessions on pay, staffing, strike rights and automation, signaling a shift in corporate labor battles.

Energy & commoditiesBPlabor negotiationsrefineryautomation

RReutersOriginal★★☆☆☆2026-09-03 10:50

Big Oil’s new playbook: BP refinery lockout signals shift in labor battles
Big Oil’s new playbook: BP refinery lockout signals shift in labor battles

Live updates: Crypto majors bounce as global funds hold their lowest dollar hedges since 2015

Bitcoin has climbed back above $77,500, with every major cryptocurrency in positive territory for the day, although the week remains negative. Global investors are maintaining their smallest level of currency protection on U.S. assets in a decade.

MarketsCryptoBitcoincryptocurrencydollar hedgingfinancial markets

CCoinDeskOriginal★★☆☆☆2026-09-03 10:42

Live updates: Crypto majors bounce as global funds hold their lowest dollar hedges since 2015
Live updates: Crypto majors bounce as global funds hold their lowest dollar hedges since 2015

Novak: Russia to slightly cut oil output this year, exports remain stable

Russian Deputy Prime Minister Alexander Novak said oil production will decline modestly by the end of 2026 because some refineries are underutilized during unscheduled maintenance. He described the trend as temporary, with output expected to rise when refineries resume operations, while exports remain stable.

Energy & commoditiesTrade & sanctionsCompanies & industryRussiaoil productionoil exportsenergy

TTASSOriginal★★★☆☆2026-09-03 10:34

Novak: Russia to slightly cut oil output this year, exports remain stable

Bitcoin recovers toward $78,000 as PONS and Arbitrum extend Robinhood Chain rally

Bitcoin rose 0.76% since midnight, recovering toward $78,000 as a softer dollar lifted equities, metals and cryptocurrencies. PONS and Arbitrum advanced for a third consecutive session, extending the Robinhood Chain rally.

CryptoBitcoincryptocurrencyArbitrumRobinhood Chain

CCoinDeskOriginal★★☆☆☆2026-09-03 10:29

Bitcoin recovers toward $78,000 as PONS and Arbitrum extend Robinhood Chain rally
Bitcoin recovers toward $78,000 as PONS and Arbitrum extend Robinhood Chain rally

Hargreaves Lansdown offers crypto ETNs nearly a year after ban was lifted

Investment platform Hargreaves Lansdown is offering crypto exchange-traded notes nearly a year after the ban was lifted. The platform had previously told customers that “bitcoin is not an asset class.”

MarketsCryptocryptocurrencyinvestment platformexchange-traded notes

FFinancial TimesOriginal★★☆☆☆2026-09-03 10:24

Hargreaves Lansdown offers crypto ETNs nearly a year after ban was lifted

Car sales in Portugal surge in August as electric vehicles top 25% of market

Car sales in Portugal surged in August, with electric vehicles accounting for 36.1% of the market. Between January and August 2026, alternative-energy vehicles made up 75.6% of newly registered passenger cars, including about 26.8% that were electric.

Companies & industryPortugalcar saleselectric vehicles

EeuronewsOriginal★★☆☆☆2026-09-03 10:13

Car sales in Portugal surge in August as electric vehicles top 25% of market

Australia cracks down on crypto businesses as strict regulatory deadline nears

Australia is intensifying its crackdown on crypto businesses as a strict new regulatory deadline approaches. Firms that miss it could breach financial services law from Oct. 1 and face civil or criminal penalties.

CryptoBanking & financeCompanies & industryAustraliacryptocurrencyfinancial regulation

CCoinDeskOriginal★★★☆☆2026-09-03 10:09

Australia cracks down on crypto businesses as strict regulatory deadline nears
Australia cracks down on crypto businesses as strict regulatory deadline nears

As crowds head to Shenzhen, Hong Kong bars and restaurants sign up for more space

Hong Kong food and beverage operators leased a record 155,000 sq ft of new space in the second quarter, more than twice the first-quarter total, according to CBRE. They took up 230,000 sq ft in the first half of the year. Analysts said the city’s retail recovery remained selective and narrow-based.

Companies & industryReal EstateHong Kong F&Bcommercial propertyretail recovery

SSouth China Morning PostOriginal★★☆☆☆2026-09-03 10:00

As crowds head to Shenzhen, Hong Kong bars and restaurants sign up for more space
As crowds head to Shenzhen, Hong Kong bars and restaurants sign up for more space

Russia plans year-round navigation for Northern Sea Route — Putin

Russia aims to provide year-round navigation along the Northern Sea Route, President Vladimir Putin said. He pointed to the construction of icebreakers and ice-class vessels, service and rescue fleets, expanded satellite coverage and stronger port infrastructure, and called for rapid completion of a comprehensive Arctic and Trans-Arctic Transport Corridor development plan.

Trade & sanctionsRussiaNorthern Sea RouteArcticshipping

TTASSOriginal★★★☆☆2026-09-03 09:53

Russia plans year-round navigation for Northern Sea Route — Putin

Explainer: Venezuela’s heavy crude could be swapped for American oil to fill emergency reserve, Wright says

U.S. President Donald Trump said oil from a recent deal with Venezuela would replenish the Strategic Petroleum Reserve and that the process would begin soon. Energy Secretary Chris Wright, visiting Venezuela on Wednesday, suggested the swap may be more complicated than Trump indicated.

Energy & commoditiesVenezuelaheavy crudeUS oilStrategic Petroleum Reserve

RReutersOriginal★★★☆☆2026-09-03 09:45

Explainer: Venezuela’s heavy crude could be swapped for American oil to fill emergency reserve, Wright says
Explainer: Venezuela’s heavy crude could be swapped for American oil to fill emergency reserve, Wright says

Yen rises to one-month high as traders assess potential for further intervention

The yen climbed to a one-month high as traders considered the possibility of additional intervention. U.S. Treasury Secretary Scott Bessent told CNBC on Monday that he believed Japanese authorities would act to strengthen the currency.

Macro & central banksMarketsyencurrency interventionJapan economy

CCNBCOriginal★★☆☆☆2026-09-03 09:41

Yen rises to one-month high as traders assess potential for further intervention
Yen rises to one-month high as traders assess potential for further intervention

Putin: Russian economy is absolutely stable

Speaking at the Eastern Economic Forum, President Vladimir Putin said Russia’s economy showed “absolute resilience” and was “absolutely stable.” He added that it was steadily expanding while the government kept changes under control and assessed the effects of measures such as possible tax increases.

Macro & central banksRussian economyVladimir PutinEastern Economic Forum

TTASSOriginal★★★☆☆2026-09-03 09:35

Putin: Russian economy is absolutely stable

Study: About 4 in 5 young, affluent mainland Chinese investors turn to offshore assets

A CFA Institute study found that young mainland Chinese investors are increasingly using offshore assets to preserve wealth and diversify. About 81 per cent of those surveyed held offshore investments, which made up an average 43 per cent of their portfolios.

MarketsChina investorsoffshore assetswealth management

SSouth China Morning PostOriginal★★☆☆☆2026-09-03 09:33

Study: About 4 in 5 young, affluent mainland Chinese investors turn to offshore assets
Study: About 4 in 5 young, affluent mainland Chinese investors turn to offshore assets

Why India’s strong GDP growth is raising eyebrows

India’s unexpectedly strong economic growth has triggered debate over whether the expansion has been overstated. A former bureaucrat and a former central bank chief questioned the figures, while the government defended its data.

Macro & central banksIndia economyGDP growtheconomic data

RReutersOriginal★★★☆☆2026-09-03 09:25

Why India’s strong GDP growth is raising eyebrows
Why India’s strong GDP growth is raising eyebrows

Bitcoin faces an 880,000-BTC breakeven wall before it can break above $80,000

Bitcoin is testing an estimated $68 billion cost-basis zone between roughly $77,500 and $80,300, where about 880,000 BTC could create repeated selling pressure near breakeven. Buyers have so far absorbed the supply. Strategy resumed purchases with 4,603 BTC, while US spot Bitcoin ETF demand became less consistent.

MarketsCryptoBitcoincrypto marketsStrategyBitcoin ETFs

CCryptoSlateOriginal★★☆☆☆2026-09-03 09:13

Bitcoin faces an 880,000-BTC breakeven wall before it can break above $80,000
Bitcoin faces an 880,000-BTC breakeven wall before it can break above $80,000

CFTC asks judge to dismiss CME lawsuit over crypto perpetual futures

The CFTC has asked a judge to dismiss CME’s lawsuit over crypto perpetual futures. The regulator calls the dispute “much ado about nothing,” saying the order permits any designated contract market, including CME, to list the products.

CryptoBanking & financeCFTCCMEcryptoperpetual futures

CCoinDeskOriginal★★☆☆☆2026-09-03 09:13

CFTC asks judge to dismiss CME lawsuit over crypto perpetual futures
CFTC asks judge to dismiss CME lawsuit over crypto perpetual futures

Gas pipeline through Mongolia to China opens strategic opportunities, prime minister says

Mongolian Prime Minister Nyam-Osoryn Uchral said a project to supply Russian gas to China through Mongolia creates new strategic opportunities for cooperation among the three countries. Russia and China have signed a legally binding memorandum on the Power of Siberia 2 and Soyuz Vostok pipelines, whose capacity could reach 50 billion cubic meters annually.

Energy & commoditiesRussian gasMongoliaChinapipeline project

TTASSOriginal★★★★☆2026-09-03 09:08

Gas pipeline through Mongolia to China opens strategic opportunities, prime minister says

European Gas Steadies as Trump Says Iran Strikes Will Be Short

European natural gas prices paused their rally after US President Donald Trump appeared to rule out prolonged military action in the Middle East, raising hopes that talks could resume on restoring energy flows from the region.

Energy & commoditiesEuropean gasIranDonald Trumpenergy markets

BBloomberg NewsOriginal★★★★☆2026-09-03 09:00

European Gas Steadies as Trump Says Iran Strikes Will Be Short
European Gas Steadies as Trump Says Iran Strikes Will Be Short

Putin: About $287 bln invested in Russia’s Far East over 11 years

About 25 trillion rubles ($287 billion) in capital investment has been attracted to Russia’s Far East over the past 11 years, while the region’s gross product has more than tripled, President Vladimir Putin said at the Eastern Economic Forum. He cited operating industrial, infrastructure and energy projects, including port terminals and rail lines.

Macro & central banksMarketsRussia’s Far Eastinvestmenteconomic growthEastern Economic Forum

TTASSOriginal★★★☆☆2026-09-03 08:57

Putin: About $287 bln invested in Russia’s Far East over 11 years

Putin: Russia’s Arctic marine terminals to be linked with inland waterways

At the Eastern Economic Forum, Vladimir Putin said Russia plans to integrate Arctic marine terminals with rail and inland-waterway networks to support cargo flows from Central Russia, the Urals and Siberia and facilitate imported-goods deliveries. He cited the first container ship from China to Murmansk, which crossed Russia’s Arctic zone in August.

Macro & central banksRussiaArctictransport infrastructure

TTASSOriginal★★★☆☆2026-09-03 08:40

Putin: Russia’s Arctic marine terminals to be linked with inland waterways

Kommersant: Russian oil firms failed to fulfill about 60% of gasoline exchange contracts amid refinery attacks

Industry sources cited by Kommersant estimate that Russian oil companies failed to fulfill about 60% of gasoline supply contracts on the St. Petersburg exchange from May through September. Around 20% collapsed entirely and 39% remain incomplete. Lukoil and Rosneft represented most of the outstanding contracts. A source blamed Ukrainian drone strikes on refineries and said companies prioritized defense and industrial customers over gas stations.

Energy & commoditiesCompanies & industryRussiagasoline supplydrone strikesoil refineries

MMeduzaOriginal★★★★☆2026-09-03 08:40

Kommersant: Russian oil firms failed to fulfill about 60% of gasoline exchange contracts amid refinery attacks
Kommersant: Russian oil firms failed to fulfill about 60% of gasoline exchange contracts amid refinery attacks

German firms feel growing pressure from Chinese rivals, survey finds

German companies are increasingly facing competitive pressure from Chinese rivals, according to a Thursday survey by the German Chambers of Commerce and Industry. More than half back stronger EU action against what they regard as unfair competition.

Companies & industryGerman companiesChinese competitionEU measures

RReutersOriginal★★★☆☆2026-09-03 08:35

German firms feel growing pressure from Chinese rivals, survey finds
German firms feel growing pressure from Chinese rivals, survey finds

EXCLUSIVE: India stalls Alipay+ payments link over security, data concerns, sources say

Three people familiar with the discussions said Alipay+’s proposal to connect with India’s instant-payments system for cross-border transactions has been stalled by national-security concerns in New Delhi and questions over how customer data would be stored and used.

Banking & financeIndiaAlipay+cross-border paymentsdata security

RReutersOriginal★★★☆☆2026-09-03 08:30

EXCLUSIVE: India stalls Alipay+ payments link over security, data concerns, sources say
EXCLUSIVE: India stalls Alipay+ payments link over security, data concerns, sources say

Big Take Asia

Bloomberg’s Big Take is expanding to Asia. Each week, Oanh Ha will tell a story from the home of the world’s most dynamic economies, focusing on the markets, tycoons and businesses driving the region’s constant change.

Macro & central banksCompanies & industryAsia economymarketsbusiness

BBloomberg NewsOriginal★☆☆☆☆2026-09-03 08:15

Big Take Asia
Big Take Asia

Putin orders creation of new financial center based on Eastern Exchange

President Vladimir Putin instructed the Russian government and Central Bank to thoroughly examine plans for a modern financial center based on the Eastern Exchange, intended to draw more international capital into Far Eastern and Arctic projects. He also highlighted a public-private partnership standard and concession-bond financing model aimed at improving infrastructure investment efficiency.

Macro & central banksBanking & financeRussia economyEastern Exchangefinancial centerpublic-private partnerships

TTASSOriginal★★★☆☆2026-09-03 08:13

Putin orders creation of new financial center based on Eastern Exchange

Russian stock market rises at start of trading session

Russia’s stock market opened higher in the main trading session, according to Moscow Exchange data, while the yuan weakened. The MOEX and RTS indices initially gained 0.3% to 2,191.65 and 793.62 points, then advanced 0.35%.

MarketsRussian stock marketMOEXRTS indexyuan exchange rate

TTASSOriginal★★☆☆☆2026-09-03 08:08

Russian stock market rises at start of trading session

Asia’s leading flower hub sets new benchmarks in trading scale and logistics

The Dounan Flower Market in Kunming, Yunnan, is reinforcing its role as a major Asian flower-trading hub through record volumes, rapid descending-price auctions and expanding international logistics. It traded 15.476 billion fresh-cut flowers worth 13.484 billion yuan in 2025, with distribution reaching China and more than 50 countries and regions.

MarketsDounan Flower MarketKunmingfresh-cut flowerslogistics

CChina News ServiceOriginal★★☆☆☆2026-09-03 08:07

Asia’s leading flower hub sets new benchmarks in trading scale and logistics

WorldMiddle East’s biggest shipping hub at risk amid Hormuz blockade — FT

Jebel Ali, the Middle East’s largest shipping hub, is facing its most serious strain in decades amid the blockade of the Strait of Hormuz, the Financial Times reported. In the conflict’s early weeks, average daily vessel traffic fell from 135 to 17 in the week ending August 28, a drop of more than 90%. The port and free-trade zone generate over a fifth of Dubai’s GDP. The UAE is seeking alternatives, but experts doubt new Fujairah terminals can replicate Jebel Ali’s wider business and transport network.

Jebel AliStrait of HormuzDubaishipping

TTASSOriginal★★★★☆2026-09-03 08:02

Middle East’s biggest shipping hub at risk amid Hormuz blockade — FT

Is Quebec actually the most taxed jurisdiction in North America?

As the rising cost of living takes centre stage in Quebec’s election campaign, the familiar claim that Quebec is North America’s most taxed jurisdiction has resurfaced. The claim is examined to determine whether it is accurate.

Macro & central banksQuebectaxescost of livingelection

CCBC NewsOriginal★★★☆☆2026-09-03 08:00

Is Quebec actually the most taxed jurisdiction in North America?

CNBC Daily Open: ‘Trump Strait,’ losing streak snapped and bilateral diplomacy

Hostilities with Iran continue to unsettle markets, while U.S. stocks end a three-day losing streak. Bond yields remain volatile.

MarketsIran conflictU.S. stocksbond yieldsbilateral diplomacy

CCNBCOriginal★★★☆☆2026-09-03 06:18

CNBC Daily Open: ‘Trump Strait,’ losing streak snapped and bilateral diplomacy
CNBC Daily Open: ‘Trump Strait,’ losing streak snapped and bilateral diplomacy
  • Trump weighs declaring Iran war over as Pentagon extends Middle East deployments
    Trump weighs declaring Iran war over as Pentagon extends Middle East deployments

    Trump has reportedly discussed with senior aides whether to declare the Iran war over, while the Pentagon extends its deployments in the Middle East.

    Donald TrumpIran warPentagonMiddle East deployments

    TTRT World★★★★☆2026-09-03 06:07Original
  • US air strikes kill 18, wound 142 in Iran, health official says
    MAJORUS air strikes kill 18, wound 142 in Iran, health official says

    A health official says US air strikes in Iran killed 18 people and injured 142. A vehicle was destroyed at an overnight strike site in Kuhestak, Sirik County.

    US air strikesIrancasualties

    TTRT World★★★★★2026-09-03 05:53Original
  • Only six commodity vessels pass through Strait of Hormuz on Wednesday — agency

    Only six commodity vessels transited the Strait of Hormuz on Wednesday, down from 11 the previous day, Reuters reported citing Kpler data. They comprised two very large gas carriers, two long-range tankers, one Supramax tanker and one Panamax tanker. The count may change because some ships typically switch off transponders during voyages.

    Strait of HormuzshippingIran conflict

    TTASS★★★★☆2026-09-03 05:25Original
  • MAJORUS military operation against Iran could extend into 2027 — WSJ

    The Pentagon is quietly extending the US troop deployment in the Middle East, acknowledging that the operation against Iran may not end this year, The Wall Street Journal reported, citing sources. About 50,000 US troops remain in the region, including 19 Navy ships, fighter squadrons, air-defense units and paratroopers. Combat deployments have also been lengthened.

    United StatesIranmilitary operationMiddle East

    TTASS★★★★★2026-09-03 04:49Original
  • Oil edges down as investors weigh uncertainty over U.S.-Iran strikes
    Oil edges down as investors weigh uncertainty over U.S.-Iran strikes

    Oil prices edged lower on Thursday as investors assessed uncertainty surrounding renewed U.S.-Iran military strikes that could disrupt supplies from the Middle East.

    oil pricesUnited StatesIranMiddle East supply

    RReuters★★★★☆2026-09-03 04:00Original
  • Shipping stocks at a crossroads after their best rally in decades
    Shipping stocks at a crossroads after their best rally in decades

    A months-long crisis in the Strait of Hormuz has transformed a previously overlooked part of the market into one of 2026’s hottest trades, leaving shipping stocks at a crossroads after their strongest rally in decades.

    shipping stocksStrait of Hormuzmarket rally

    CCNBC★★★☆☆2026-09-03 03:59Original
  • US military escorts 40 oil-carrying vessels through Hormuz amid new Iran-US strikes

    According to two US officials familiar with the operation, 40 commercial vessels carrying 18 million barrels of oil passed through the Strait of Hormuz under American military escort. The wartime record came as Iran and the United States exchanged another round of strikes on Tuesday.

    Strait of HormuzUS-Iran conflictoil shipments

    CCNN★★★★☆2026-09-03 03:00Original
  • Trump says US is ready for more Iran strikes as Tehran vows retaliation
    MAJORTrump says US is ready for more Iran strikes as Tehran vows retaliation

    President Donald Trump said the US military could launch further strikes against Iran whenever it chooses. Tehran condemned attacks on ports, communications facilities and other civilian infrastructure, alleging that a strike on a wedding killed at least four people and injured dozens; US Central Command said it was investigating. UN Secretary-General Antonio Guterres urged both sides to halt military action and return to diplomacy as tensions around the Strait of Hormuz remained high.

    US-Iran conflictDonald TrumpIranStrait of Hormuz

    CCGTN★★★★★2026-09-03 01:48Original
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