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Hong Kong Silver Bonds attract record 480,000 bids at higher interest rate

The latest Hong Kong government Silver Bonds offering drew record subscription levels in both volume and value. By the 2pm Friday deadline, investors had submitted 478,000 bids for HK$119.8 billion (US$15.28 billion) of bonds, as elderly residents sought returns above bank-deposit rates.

Macro & central banksMarketsEnergy & commoditiesHong KongSilver Bondsbond subscriptions

SSouth China Morning PostOriginal★★☆☆☆2026-09-04 12:26

Hong Kong Silver Bonds attract record 480,000 bids at higher interest rate
Hong Kong Silver Bonds attract record 480,000 bids at higher interest rate

Novak: Russia channels 94% of oil exports to friendly nations

Russian Deputy Prime Minister Alexander Novak said 94% of the country’s oil exports are now sent to friendly nations. Russia remained China’s leading supplier, with exports to the country up 25% in the first seven months of 2026.

Energy & commoditiesTrade & sanctionsRussiaChinaoil exportsenergy trade

TTASSOriginal★★★☆☆2026-09-04 12:14

Novak: Russia channels 94% of oil exports to friendly nations
  • Russia sends 94% of oil exports to friendly countries

    Russia now directs 94% of its oil exports to friendly countries, Deputy Prime Minister Alexander Novak said. He said Middle Eastern supply disruptions amid worsening military and political tensions had highlighted Russian companies’ role as reliable providers, while exports to China rose 25% in the first seven months of the year.

    Russian oil exportsChinaenergy supply

    TTASS★★★☆☆2026-09-04 07:43Original

Russia-China trade grows more than 50-fold in 30 years, surpassing $200 bln — Rosneft CEO

Rosneft CEO Igor Sechin said Russia-China trade has grown more than 50-fold over 30 years and now significantly exceeds $200 billion. China accounts for 34% of Russia’s total trade, while bilateral trade rose 26% year-on-year in the first seven months of 2026.

Macro & central banksEnergy & commoditiesTrade & sanctionsCompanies & industryRussia-China tradeeconomic cooperationenergy infrastructure

TTASSOriginal★★★☆☆2026-09-04 12:13

Russia-China trade grows more than 50-fold in 30 years, surpassing $200 bln — Rosneft CEO

Australia gives crypto firms until Sept. 30 to get licensed or risk enforcement

Australia’s securities regulator is giving crypto businesses that require financial-services authorization until Sept. 30 to enter a licensing or compliance pathway, notify ASIC of an application, or wind down. From Oct. 1, firms that have not met the relevant conditions will lose the temporary no-action protection and could face civil or criminal penalties.

CryptoBanking & financeCompanies & industryAustraliacryptocurrencyfinancial regulation

CCryptoSlateOriginal★★★☆☆2026-09-04 12:10

Australia gives crypto firms until Sept. 30 to get licensed or risk enforcement
Australia gives crypto firms until Sept. 30 to get licensed or risk enforcement

Foreign partners buying Russian gas will feel confident this winter — Gazprom CEO

Gazprom CEO Alexey Miller said foreign partners working with Russian gas would feel confident this winter. He highlighted expanding cooperation with China, where Power of Siberia supplies are reaching new daily records, and said a Far Eastern gas export pipeline is due to enter service in January 2027 on schedule.

Energy & commoditiesCompanies & industryRussian gasGazpromChinaPower of Siberia

TTASSOriginal★★☆☆☆2026-09-04 11:47

Foreign partners buying Russian gas will feel confident this winter — Gazprom CEO
  • FACTBOX: Novak’s statements about Power of Baikal, Russia’s fuel situation

    Russian Deputy Prime Minister Alexander Novak said Russia and China are discussing the Power of Baikal gas pipeline, previously called Power of Siberia 2, and have agreed to continue preparing a supply contract. He also said most independent Russian fuel stations are receiving supplies, while diesel exports remain suspended pending inventory levels and no changes to the damping mechanism are planned.

    RussiaChinagas pipelinefuel market

    TTASS★★★☆☆2026-09-04 11:46Original

Chinese vice premier calls for deeper energy cooperation with Russia

Chinese Vice Premier Ding Xuexiang urged deeper energy cooperation with Russia while co-chairing the 23rd meeting of the China-Russia Energy Cooperation Committee in Vladivostok with Russian Deputy Prime Minister Alexander Novak. The sides reviewed cooperation across oil, gas, coal, electricity, renewables and nuclear power, reached broad consensus and signed the meeting minutes.

Energy & commoditiesChina-Russia tiesenergy cooperationenergy security

CCGTNOriginal★★★★☆2026-09-04 11:47

Chinese vice premier calls for deeper energy cooperation with Russia
Chinese vice premier calls for deeper energy cooperation with Russia
  • Xi congratulates 8th China-Russia Energy Business Forum
    Xi congratulates 8th China-Russia Energy Business Forum

    Chinese President Xi Jinping congratulated the eighth China-Russia Energy Business Forum in Vladivostok, saying bilateral energy cooperation has produced fruitful results and supported both countries’ development. He said China is ready to deepen cooperation with Russia and jointly protect the stability and smooth operation of energy industry and supply chains. Russian President Vladimir Putin also sent a message.

    China-Russia relationsenergy cooperationXi JinpingVladivostok

    CCGTN★★★☆☆2026-09-04 10:08Original
  • Xi congratulates 8th China-Russia Energy Business Forum
    Xi congratulates 8th China-Russia Energy Business Forum

    Chinese President Xi Jinping sent congratulations to the 8th China-Russia Energy Business Forum in Vladivostok, saying bilateral strategic coordination and energy cooperation have maintained strong momentum. He said China is ready to deepen energy ties with Russia and jointly protect the stability of energy industrial and supply chains. Russian President Vladimir Putin also sent a message.

    China-Russia relationsenergy cooperationXi JinpingVladimir Putin

    CCGTN★★★☆☆2026-09-04 10:08Original

EXCLUSIVE: Trump's bid to shield chip supply chain could backfire in Tennessee

A Tennessee factory Washington hoped to protect to strengthen the U.S. semiconductor supply chain could close after new trade measures from the Trump administration drove away its last two customers, sources familiar with the situation said.

Trade & sanctionsCompanies & industryTech & AIDonald TrumpTennesseesemiconductor supply chain

RReutersOriginal★★★☆☆2026-09-04 11:35

EXCLUSIVE: Trump's bid to shield chip supply chain could backfire in Tennessee
EXCLUSIVE: Trump's bid to shield chip supply chain could backfire in Tennessee

Russia raises share of China’s oil imports to record 23%

Russia supplied China with 67 million metric tons of oil in the first seven months of 2026, bringing its share of Chinese imports to a record 23%, Rosneft CEO Igor Sechin said. Deputy Prime Minister Alexander Novak put the increase in Russian oil deliveries at 25%. Sechin also said Russia accounted for about 30% of China’s natural gas supplies in 2025.

Energy & commoditiesTrade & sanctionsRussiaChinaoil suppliesenergy trade

TTASSOriginal★★★☆☆2026-09-04 11:33

Russia raises share of China’s oil imports to record 23%

Crypto firms urge SEC to speed ETF reviews and allow confidential draft filings

Crypto companies are urging the SEC to accelerate ETF reviews and permit confidential draft filings. Jane Street and Charles Schwab, by contrast, raised concerns that rushed launches and confidential submissions could limit market scrutiny.

MarketsCryptoBanking & financeCompanies & industryCryptocurrencyETFsSEC

TThe BlockOriginal★★☆☆☆2026-09-04 11:21

Crypto firms urge SEC to speed ETF reviews and allow confidential draft filings
Crypto firms urge SEC to speed ETF reviews and allow confidential draft filings

Global money funds see biggest inflow in nearly a month as investors grow cautious

Global money market funds recorded their largest inflow in nearly a month in the week through September 2. Escalating U.S.-Iran tensions and a selloff in global bonds led investors to hold more cash and favor shorter-duration debt.

Marketsmoney market fundscapital flowsU.S.-Iran tensionsglobal bonds

RReutersOriginal★★★☆☆2026-09-04 11:15

Global money funds see biggest inflow in nearly a month as investors grow cautious
Global money funds see biggest inflow in nearly a month as investors grow cautious

PoliticsIran war: Why US midterms could be a pivotal moment

Analysts say rising prices and opposition to the war could pressure Donald Trump to pursue de-escalation before the November 3 midterm elections. As the US and Iran exchange attacks, an escalation could hurt Republicans’ chances of retaining their narrow congressional majorities, while Washington continues economic pressure and keeps further military action on the table.

Iran warUS midtermsDonald TrumpStrait of Hormuz

AAl JazeeraOriginal★★★★☆2026-09-04 11:12

Iran war: Why US midterms could be a pivotal moment
Iran war: Why US midterms could be a pivotal moment
  • ‘Astronomical’ fuel price surge hits farmers in UK and US
    ‘Astronomical’ fuel price surge hits farmers in UK and US

    Escalating conflict in the Middle East and Russia’s extended diesel export ban have pushed diesel prices in the UK and US up by about 10% in less than a week. Farmers face sharply higher costs for vehicles and machinery, with UK red diesel at about £1.10 a litre and US pump prices reaching a record $5.85 a gallon.

    fuel pricesfarmersUS-Iran conflictRussian diesel ban

    TThe Guardian★★★★☆2026-09-04 09:00Original
  • CNBC Daily Open: Vance says he would not call Trump's conflict with Iran a 'war'
    CNBC Daily Open: Vance says he would not call Trump's conflict with Iran a 'war'

    U.S. Vice President JD Vance comments on Iran and interest rates as investors shift their attention to the August jobs report scheduled for release Friday.

    U.S. politicsIranarmed conflict

    CCNBC★★★★☆2026-09-04 06:16Original
  • Why the US and Iran keep escalating

    As Trump takes a harder line on negotiations, Tehran remains determined to keep the Strait of Hormuz closed, sustaining the escalation between the US and Iran.

    USIranStrait of Hormuznegotiations

    FFinancial Times★★★★☆2026-09-04 04:00Original
  • Vance Says Iran Conflict Isn’t a ‘War,’ Risking Midterm Backlash
    Vance Says Iran Conflict Isn’t a ‘War,’ Risking Midterm Backlash

    Vice President JD Vance played down the scale of the Iran conflict, saying he would not call it a “war” because major combat operations ended several weeks ago. His characterization comes as military strikes in the region have recently intensified and could trigger a midterm backlash.

    US politicsIran conflictmidterm elections

    BBloomberg News★★★☆☆2026-09-04 04:00Original
  • MAJORIran strikes US military targets in the region as Washington probes deadly wedding strike

    Oil prices surged again this week after several weeks of relative stability following the renewed fighting. Iran continues to maintain a stranglehold over the strategic Strait of Hormuz, which handles roughly 20% of global oil shipping.

    IranUnited StatesStrait of Hormuzarmed conflict

    Eeuronews★★★★★2026-09-04 03:42Original
  • Middle East live: South Korea prepares for possible military deployment in Strait of Hormuz
    Middle East live: South Korea prepares for possible military deployment in Strait of Hormuz

    South Korea is considering sending military assets to the Strait of Hormuz to support freedom of navigation, according to media reports, although Seoul says no deployment decision has been made. Iran struck US military targets in the Gulf in retaliation for a Tuesday night attack that killed four people at a wedding.

    Middle EastStrait of HormuzSouth KoreaIran

    FFrance 24★★★★☆2026-09-04 02:56Original
  • Lutnick Says He ‘Misspoke’ About American Deaths in Iran War
    Lutnick Says He ‘Misspoke’ About American Deaths in Iran War

    U.S. Commerce Secretary Howard Lutnick said he misspoke after incorrectly saying that no American service members had died during the war in Iran.

    Howard LutnickIran warUS service members

    BBloomberg News★★★☆☆2026-09-04 01:30Original
  • WATCH: Vance says he wouldn't call U.S.-Iran conflict a war
    WATCH: Vance says he wouldn't call U.S.-Iran conflict a war

    As the war in Iran enters its seventh month and attacks intensify, Vice President JD Vance said he would not call the conflict a war.

    U.S.-Iran conflictJD VanceIran

    AABC News★★★★☆2026-09-04 00:39Original
  • Iran war live: US rules out talks with Iran until ship attacks stop
    MAJORIran war live: US rules out talks with Iran until ship attacks stop

    The United States says it will not hold talks with Iran until attacks on ships end. Iran’s First Vice President Mohammad Reza Aref vows an “asymmetrical” and “multi-layered” response to US attacks.

    Iran warUnited StatesIranarmed conflict

    AAl Jazeera★★★★★2026-09-04 00:00Original
  • MAJORTrump says US will soon prevail over Iran

    US President Donald Trump says victory over Iran is near and declares the American operation a success. He says the US has already won because Iran cannot obtain a nuclear weapon, claims Iran has been set back 25 years, and asserts that Washington controls the Strait of Hormuz. The US resumed large-scale strikes on Iran on July 8 after an earlier cessation of hostilities.

    United StatesIranStrait of Hormuzmilitary operation

    TTASS★★★★★2026-09-03 23:58Original
  • Vance: China has responded to some US requests over ‘economic war on Iran’

    US Vice President JD Vance said Chinese authorities have responded to some Washington requests linked to its recently declared “economic war” on Iran. He said China appeared willing to cooperate on isolating Iran, while acknowledging it had not done everything the US asked. China’s Commerce Ministry said Beijing would resist US sanctions on trade with Iran.

    US-Iran relationsUS-China relationseconomic sanctions

    TTASS★★★★☆2026-09-03 23:25Original
  • Vance says conflict with Iran is not a ‘war’
    Vance says conflict with Iran is not a ‘war’

    Vice President Vance said the ongoing conflict with Iran does not amount to a war, arguing that major combat operations ended months ago. NBC News’ Gabe Gutierrez reports on his remarks.

    VanceIranUS-Iran conflict

    NNBC News★★★★☆2026-09-03 22:47Original
  • Iran prefers conflict with US over peace to suppress internal uprising, activist warns
    Iran prefers conflict with US over peace to suppress internal uprising, activist warns

    Human rights activist Majid Sadeghpour says Iran’s leaders prefer continued confrontation with the United States and Gulf neighbors because conflict diverts public attention from economic hardship and opposition to the regime. He argues the government fears a domestic uprising more than foreign military action, while Iran continues to be accused of attacking commercial vessels in the Strait of Hormuz despite an agreement not to do so.

    IranUnited StatesStrait of Hormuzdomestic unrest

    FFox News★★★★☆2026-09-03 22:30Original
  • MAJORVance Says US Could Use Covert Subversive Operations to Pressure Iran

    US Vice President JD Vance said Washington could use covert subversive operations to pressure Iran, adding that economic, military, diplomatic and covert measures were all on the table. The US and Israel launched a war against Iran on February 28, and Washington later resumed large-scale strikes, accusing Tehran of violating agreements over the Strait of Hormuz.

    United StatesIrancovert operationsarmed conflict

    TTASS★★★★★2026-09-03 22:11Original
  • US Vice President JD Vance declines to offer timeline for end of Iran war
    MAJORUS Vice President JD Vance declines to offer timeline for end of Iran war

    US Vice President JD Vance declined to predict when the US-Israeli war on Iran would end, while questioning whether the conflict should be called a war. He defended US operations, blamed Iran for disrupting shipping through the Strait of Hormuz and said the military was investigating a reported strike on a wedding party in Sirik, Iran, which allegedly killed at least five people and injured nearly 70.

    Iran warUnited StatesStrait of HormuzJD Vance

    AAl Jazeera★★★★★2026-09-03 21:07Original
  • Vance mum on whether US will end war with Iran by November elections

    US Vice President JD Vance declined to say whether Washington would end its war with Iran before the November midterm elections. He said there would be no artificial timeline and argued that the current phase should not be called a war because there is no active shooting. Vance also said only US action can ensure Iran does not disrupt global energy markets.

    US-Iran conflictJD VanceStrait of Hormuzenergy markets

    TTASS★★★★☆2026-09-03 21:07Original
  • Iran prepared for long confrontation with US — source

    A senior Iranian source told TASS that battlefield conditions show Iran is ready for a prolonged confrontation with the United States. The source said Iranian forces have been fighting enemy forces since the 12-day war in June 2025 and would respond resolutely to continued military, economic, political and security pressure.

    IranUnited Statesmilitary confrontation

    TTASS★★★★☆2026-09-03 19:49Original

Yiwu cross-border parcel exports top $450 million in first eight months

A cross-border parcel hub in Yiwu, Zhejiang Province, processed more than $450 million in exports during the first eight months of the year, exceeding the total for all of last year by more than twofold. The center handles nearly 10,000 packages daily for over 30 countries and regions, with new customs and smart-supervision measures speeding shipments and cutting costs.

Trade & sanctionsYiwucross-border e-commerceexportslogistics

CChina News ServiceOriginal★★☆☆☆2026-09-04 11:11

Yiwu cross-border parcel exports top $450 million in first eight months

More Argentines turn to apps for loans as debt stress hits record

Record debt stress is pushing more Argentines toward app-based loans. In Buenos Aires, delivery riders whose motorcycles are confiscated by traffic authorities may need expensive digital credit to return to work, deepening a debt cycle that ties gig workers to the apps they depend on for income.

Macro & central banksBanking & financeArgentinadigital loansdebt stressgig economy

RReutersOriginal★★★☆☆2026-09-04 11:05

More Argentines turn to apps for loans as debt stress hits record
More Argentines turn to apps for loans as debt stress hits record

From Bitcoin to oil, perpetual contracts enter US financial markets

The CFTC has asked a federal court to dismiss CME’s challenge to Kalshi’s Bitcoin perpetual contract. The dispute concerns whether a contract without a fixed expiration belongs under US futures rules, and could influence how perpetual-style products expand from crypto into oil and other regulated markets.

MarketsEnergy & commoditiesCryptoBanking & financeCompanies & industryBitcoinperpetual contractsUS financial regulationCFTC

CCryptoSlateOriginal★★☆☆☆2026-09-04 11:00

From Bitcoin to oil, perpetual contracts enter US financial markets
From Bitcoin to oil, perpetual contracts enter US financial markets

UK set to approve Jackdaw gasfield within weeks

The UK is expected to approve the Jackdaw gasfield in the North Sea within weeks, a move likely to face fierce opposition from climate scientists and environmental campaigners.

Energy & commoditiesUKJackdaw gasfieldNorth Seaenergy policy

FFinancial TimesOriginal★★★☆☆2026-09-04 11:00

UK set to approve Jackdaw gasfield within weeks

Norway's $2 trillion sovereign fund proposes deep cuts to US Treasury holdings

The manager of Norway’s $2.3 trillion sovereign wealth fund has proposed a major reduction in its exposure to U.S. Treasuries as part of a broader restructuring of bond investments aimed at improving returns, according to a letter published this week.

MarketsNorwaysovereign wealth fundUS Treasuries

RReutersOriginal★★★☆☆2026-09-04 11:00

Norway's $2 trillion sovereign fund proposes deep cuts to US Treasury holdings
Norway's $2 trillion sovereign fund proposes deep cuts to US Treasury holdings

Serbia seeks long-term extension of gas deal with Russia — Srbijagas

Serbia wants to extend its gas supply agreement with Russia for the long term, according to Aleksandar Vulin, chairman of Srbijagas’ supervisory board. He called the extension one of Serbia’s most important issues and said Russia had consistently been a reliable, predictable and stable supplier.

Energy & commoditiesCompanies & industrySerbiaRussiagas supplyenergy agreement

TTASSOriginal★★★☆☆2026-09-04 10:50

Serbia seeks long-term extension of gas deal with Russia — Srbijagas

South African rand treads water ahead of U.S. jobs data as markets assess Fed rate path

The South African rand was little changed in early Friday trading as investors awaited highly anticipated U.S. jobs data for indications about the Federal Reserve’s next interest-rate decision.

Macro & central banksCompanies & industrySouth African randU.S. jobs dataFederal Reserve rates

RReutersOriginal★★☆☆☆2026-09-04 10:45

South African rand treads water ahead of U.S. jobs data as markets assess Fed rate path
South African rand treads water ahead of U.S. jobs data as markets assess Fed rate path

Russian underground gas storage facilities already 90% full — Gazprom CEO

Gazprom CEO Alexey Miller says Russia’s underground gas storage facilities are already 90% filled ahead of winter. Gazprom plans to raise operational reserves to 73.296 billion cubic meters this year, a record for Russia’s gas industry, while Russian and Belarusian consumers can feel confident about the coming winter.

Energy & commoditiesCompanies & industryRussian gasunderground storageGazprom

TTASSOriginal★★★☆☆2026-09-04 10:42

Russian underground gas storage facilities already 90% full — Gazprom CEO

Diesel prices hit record high as wars in Iran and Ukraine squeeze global supply

Diesel prices have reached an all-time high as wars in Iran and Ukraine constrain global supply. For U.S. consumers, higher diesel costs are likely to raise retail prices for goods ranging from produce and toys to lumber and apparel.

Energy & commoditiesDiesel pricesGlobal supplyIran warUkraine war

NNBC NewsOriginal★★★★☆2026-09-04 10:41

Diesel prices hit record high as wars in Iran and Ukraine squeeze global supply
Diesel prices hit record high as wars in Iran and Ukraine squeeze global supply
  • US diesel prices hit an all-time high
    US diesel prices hit an all-time high

    The average US diesel price has reached a record $5.85 a gallon, up from $3.71 a year ago, as the Iran conflict drives wholesale oil prices higher. Rising fuel costs are angering voters, while the Trump administration is seeking to lower prices through a major oil agreement with Venezuela.

    US diesel pricesIran conflictoil pricesVenezuela oil

    BBBC News★★★★☆2026-09-04 09:59Original

Zcash surges 20% past $1,000 as short sellers lose $34 million

Zcash briefly climbed above $1,020 as a sharp rally forced traders betting against the token to exit leveraged positions, leaving short sellers with $34 million in losses.

CryptoZcashcryptocurrencyprice rallyshort squeeze

CCoinDeskOriginal★★☆☆☆2026-09-04 10:40

Zcash surges 20% past $1,000 as short sellers lose $34 million
Zcash surges 20% past $1,000 as short sellers lose $34 million

Andreessen Horowitz-backed OpenReserve wins preliminary approval for national bank charter

OpenReserve Holdings has received preliminary approval from the OCC for a national bank charter. The proposed bank will focus on onchain settlement, after raising $25 million in seed funding.

Banking & financeOpenReservenational bank charteronchain settlement

TThe BlockOriginal★★☆☆☆2026-09-04 10:18

Andreessen Horowitz-backed OpenReserve wins preliminary approval for national bank charter
Andreessen Horowitz-backed OpenReserve wins preliminary approval for national bank charter

US triggered ‘copper race’ by imposing export duties — Rosneft CEO

Rosneft CEO Igor Sechin said the United States had sparked a global “copper race” by imposing export duties and accelerating efforts to build copper reserves, sending prices to record highs. He said Russia doubled copper and copper-concentrate supplies to China last year, while ore and concentrate shipments also doubled in the first seven months of this year.

Energy & commoditiesTrade & sanctionsCompanies & industrycopper marketRussiaChinaexport duties

TTASSOriginal★★★☆☆2026-09-04 10:16

US triggered ‘copper race’ by imposing export duties — Rosneft CEO

J.P. Morgan, BNP Paribas forecast December ECB rate hike as energy risks linger

J.P. Morgan and BNP Paribas said they expect the European Central Bank to raise rates by another 25 basis points in December. Persistent inflation risks and elevated energy prices are reinforcing the case for additional tightening.

Macro & central banksEnergy & commoditiesBanking & financeECBinterest ratesinflationenergy prices

RReutersOriginal★★★★☆2026-09-04 10:05

J.P. Morgan, BNP Paribas forecast December ECB rate hike as energy risks linger
J.P. Morgan, BNP Paribas forecast December ECB rate hike as energy risks linger

The cost of living isn't killing joy — it's making us more selective about spending it

Nearly 46% of EU household spending goes on food, housing and energy, and transport — essentials needed for daily life, commuting and keeping the lights on. That leaves consumers more deliberate about where they spend on enjoyment.

Macro & central banksEuropean Unioncost of livinghousehold spending

EeuronewsOriginal★★☆☆☆2026-09-04 10:03

The cost of living isn't killing joy — it's making us more selective about spending it

China has priority access to Northern Sea Route — Rosneft CEO

Rosneft CEO Igor Sechin said the Hormuz crisis exposed the importance of alternative logistics routes for the global energy system. He identified the Northern Sea Route as a critical corridor and said China could receive priority access because of the special relationship between Russia and China.

Energy & commoditiesCompanies & industryNorthern Sea RouteChinaRosneftenergy logistics

TTASSOriginal★★★☆☆2026-09-04 10:01

China has priority access to Northern Sea Route — Rosneft CEO

Bargain sale, collapsed deal reflect Hong Kong’s struggling retail property market

A foreclosure sale in Lan Kwai Fong and a cancelled shop transaction in North Point show how weak consumer spending is weighing on Hong Kong’s retail property market. Analysts expect pressure to persist through year-end. A Lan Kwai Fong property formerly occupied by Insomnia recently sold for 60 per cent less than its 2015 value.

Macro & central banksCompanies & industryReal EstateHong Kongretail propertyconsumer spending

SSouth China Morning PostOriginal★★☆☆☆2026-09-04 10:00

Bargain sale, collapsed deal reflect Hong Kong’s struggling retail property market
Bargain sale, collapsed deal reflect Hong Kong’s struggling retail property market

Bitcoin clears $81,000 as privacy coins lead broad crypto rally

Bitcoin moved above $81,000, breaking through the level that had capped its gains in late August. Zcash rose 16% and Dash gained 19% as privacy coins led a broad cryptocurrency rally.

CryptoBitcoinprivacy coinscryptocurrency rally

CCoinDeskOriginal★★☆☆☆2026-09-04 09:57

Bitcoin clears $81,000 as privacy coins lead broad crypto rally
Bitcoin clears $81,000 as privacy coins lead broad crypto rally

Bitcoin crosses line that ended four of five bear markets, but historical trap still threatens $62,000 crash

Bitcoin rose above $82,000 intraday on Sept. 3, moving past the roughly $81,800 50-week moving average that Galaxy Research identifies as a bear-market ceiling. Four of five comparable completed bear markets bottomed after the first successful weekly reclaim, but the 2021–2022 exception saw two reclaims before a fresh low. A weekly close above the line is still required.

CryptoBitcoincryptocurrencytechnical analysisbear market

CCryptoSlateOriginal★★☆☆☆2026-09-04 09:50

Bitcoin crosses line that ended four of five bear markets, but historical trap still threatens $62,000 crash
Bitcoin crosses line that ended four of five bear markets, but historical trap still threatens $62,000 crash

UK car registrations rise for ninth straight month; focus turns to September sales

Industry data showed that new car sales in Britain climbed nearly 14% year on year in August, extending growth to a ninth consecutive month. Attention is now shifting to September, when new registrations are expected to lift sales further.

Macro & central banksCompanies & industryUK car marketcar saleseconomy

RReutersOriginal★★☆☆☆2026-09-04 09:50

UK car registrations rise for ninth straight month; focus turns to September sales
UK car registrations rise for ninth straight month; focus turns to September sales

China weathered Hormuz supply crisis through proactive stockpiling, Rosneft CEO says

Rosneft CEO Igor Sechin said China overcame the oil supply crisis in the Strait of Hormuz through early reserve-building, large-scale electrification and its strategic partnership with Russia. He said the approach, centered on “security through self-sufficiency,” would continue under China’s 15th Five-Year Plan.

Energy & commoditiesCompanies & industryChina energyStrait of Hormuzoil stockpilesRussia-China cooperation

TTASSOriginal★★★★☆2026-09-04 09:49

China weathered Hormuz supply crisis through proactive stockpiling, Rosneft CEO says

South Korea to tokenize ‘all types’ of securities in three stages from 2027

South Korea plans to begin tokenizing all types of securities in three stages from 2027. Its eventual goal is to let participants settle tokenized securities onchain using stablecoins.

CryptoSouth Koreatokenized securitiesstablecoinsblockchain

TThe BlockOriginal★★☆☆☆2026-09-04 09:46

South Korea to tokenize ‘all types’ of securities in three stages from 2027
South Korea to tokenize ‘all types’ of securities in three stages from 2027

China saved over $27 billion by sourcing oil from Russia, Rosneft CEO says

Rosneft CEO Igor Sechin said China has gained estimated cumulative economic savings of more than $27 billion since 2022 by purchasing Russian crude more cost-effectively than Middle Eastern alternatives. He said Russia and China’s positions in the global economy and energy sector provide a strong foundation for bilateral synergy.

Energy & commoditiesTrade & sanctionsCompanies & industryRussian oilChina importsenergy cooperation

TTASSOriginal★★★☆☆2026-09-04 09:41

China saved over $27 billion by sourcing oil from Russia, Rosneft CEO says

European shares dip ahead of US jobs data; Volkswagen jumps

European shares edged lower on Friday ahead of closely watched U.S. jobs data, while Volkswagen stock rallied after the automaker announced a major transformation plan.

MarketsCompanies & industryEuropean stocksUS jobs dataVolkswagen

RReutersOriginal★★☆☆☆2026-09-04 09:40

European shares dip ahead of US jobs data; Volkswagen jumps
European shares dip ahead of US jobs data; Volkswagen jumps
  • Volkswagen shares jump 6% on plans to cut 50,000 jobs amid tariffs and China competition
    Volkswagen shares jump 6% on plans to cut 50,000 jobs amid tariffs and China competition

    Volkswagen shares rose 6% on Friday after the company announced plans to eliminate another 50,000 jobs as part of its transformation plan, amid tariff pressures and competition from China.

    Volkswagenjob cutstariffsChina competition

    CCNBC★★☆☆☆2026-09-04 09:05Original
  • Volkswagen to cut 50,000 more jobs worldwide
    Volkswagen to cut 50,000 more jobs worldwide

    Volkswagen plans to eliminate a further 50,000 jobs worldwide.

    Volkswagenjob cutsautomotive industry

    TTRT World★★★★☆2026-09-04 08:38Original
  • How Volkswagen's huge workforce became a costly burden
    How Volkswagen's huge workforce became a costly burden

    Volkswagen employs nearly 630,000 people and is preparing to cut 50,000 more jobs worldwide after previous reductions. Its oversized workforce reflects extensive in-house production, years of brand acquisitions and costly German operations, while a slow shift to electric vehicles has left the carmaker under pressure from Chinese competitors. The company also wants to close four German factories, though its supervisory board has not yet approved immediate implementation.

    Volkswagenjob cutsGerman auto industryelectric vehicles

    DDW★★★☆☆2026-09-04 07:18Original
  • Volkswagen to cut 100,000 jobs in biggest-ever industry shake-up

    German carmaker Volkswagen says management and unions have agreed to eliminate another 50,000 jobs by the end of the decade, taking total job losses to 100,000 in the company’s biggest industry shake-up.

    Volkswagenjob cutsautomotive industryGermany

    Eeuronews★★★☆☆2026-09-04 06:03Original
  • Volkswagen approves plan to cut 50,000 more jobs in broad overhaul
    Volkswagen approves plan to cut 50,000 more jobs in broad overhaul

    Volkswagen’s supervisory board approved a sweeping overhaul involving 50,000 additional job cuts, fewer models and a smaller industrial footprint. The decision gives CEO Oliver Blume his clearest mandate yet to reshape Europe’s biggest automaker.

    Volkswagenjob cutsautomotive industrycorporate restructuring

    BBloomberg News★★★★☆2026-09-04 03:30Original
  • Volkswagen board approves plan to cut another 50,000 jobs
    Volkswagen board approves plan to cut another 50,000 jobs

    Volkswagen’s board has approved another 50,000 job cuts under a broad turnaround plan, taking the group’s planned reductions by 2030 to 100,000. The carmaker blamed falling sales, weaker profits and intensifying competition, particularly from Chinese brands, and said it is reviewing capacity and possible alternative uses at several plants.

    Volkswagenjob cutsauto industryGermany economy

    BBBC News★★★★☆2026-09-04 01:20Original
  • Volkswagen plans to cut 50,000 jobs and halve its vehicle lineup

    Volkswagen Group says it plans to eliminate 50,000 jobs and reduce its vehicle offerings by half. The German automaker is under pressure from intensifying Chinese competition in Europe and tariff costs on shipments to the United States.

    Volkswagenjob cutsauto industryChinese competitiontariffs

    CCNN★★★☆☆2026-09-04 01:01Original
  • Volkswagen to cut another 50,000 jobs to counter tariffs and Chinese competition
    Volkswagen to cut another 50,000 jobs to counter tariffs and Chinese competition

    Volkswagen said Thursday it will eliminate another 50,000 jobs worldwide in the biggest restructuring in its 89-year history. The German automaker is under pressure from US tariffs, excess capacity and fierce Chinese competition, while the plan outlines the future of four German plants.

    Volkswagenjob cutsUS tariffsChinese competition

    FFrance 24★★★★☆2026-09-04 00:34Original
  • Volkswagen to cut 100,000 jobs by end of decade
    Volkswagen to cut 100,000 jobs by end of decade

    Volkswagen says it will eliminate 100,000 jobs by the end of the decade, including 50,000 additional cuts on top of those already agreed. The reductions equal about 15% of its global workforce. The automaker also plans restructuring and major research investment, while warning that the futures of four German plants cannot be guaranteed.

    Volkswagenjob cutsauto industryrestructuring

    DDW★★★☆☆2026-09-04 00:06Original
  • Volkswagen board approves turnaround plan with 50,000 more job cuts
    Volkswagen board approves turnaround plan with 50,000 more job cuts

    Volkswagen’s supervisory board approved a transformation plan on Thursday that includes cutting another 50,000 jobs as the group seeks to counter painful tariffs, excess capacity and aggressive Chinese rivals.

    Volkswagenjob cutsautomotive industryturnaround plan

    RReuters★★★★☆2026-09-03 23:25Original
  • Main points of Volkswagen’s restructuring plan
    Main points of Volkswagen’s restructuring plan

    Volkswagen AG’s supervisory board approved a comprehensive restructuring program called “Future Plan 2030.” The company said the plan is essential to restoring competitiveness and securing the group’s future.

    VolkswagenrestructuringFuture Plan 2030

    RReuters★★★☆☆2026-09-03 22:50Original
  • Volkswagen targets 9% operating margin by 2030
    Volkswagen targets 9% operating margin by 2030

    Volkswagen said on Thursday that it is targeting a 9% operating margin by 2030, up from 3.8% in the first half of 2026. The goal is part of a sweeping turnaround plan approved by the group’s supervisory board late Thursday.

    Volkswagenoperating marginturnaround plan

    RReuters★★★☆☆2026-09-03 22:35Original
  • Volkswagen confirms it will cut 100,000 jobs by 2030
    Volkswagen confirms it will cut 100,000 jobs by 2030

    Volkswagen has approved plans to eliminate a further 50,000 jobs by 2030, bringing expected cuts to 100,000, or about 15% of its workforce. The German carmaker will halve its model range, while the future of four plants in Germany cannot be guaranteed into the 2030s, amid Chinese competition, weaker China sales and US tariffs.

    Volkswagenjob cutsautomotive industryGermany

    TThe Guardian★★★★☆2026-09-03 22:04Original

Sechin: China has effectively taken the initiative from OPEC in stabilizing global oil market

Rosneft CEO Igor Sechin said China effectively took over OPEC’s role in stabilizing the global oil market this year by cutting oil imports by 5.5 million barrels per day. He said China’s 1.4 billion barrels in reserves give it leverage, and further growth will strengthen its energy-market role as OPEC’s influence declines.

Energy & commoditiesChinaOPECoil marketoil reserves

TTASSOriginal★★★★☆2026-09-04 09:39

Sechin: China has effectively taken the initiative from OPEC in stabilizing global oil market
  • Sechin expects China’s role in oil market to grow, OPEC influence to decline

    Rosneft CEO Igor Sechin said expanding Chinese fuel reserves would strengthen the country’s position in the global oil market, while OPEC’s influence and membership would diminish. He described China as having evolved from a major energy consumer and importer into an active market leader.

    Chinaoil marketOPEC

    TTASS★★☆☆☆2026-09-04 09:28Original

Groceries and alcohol make up a growing share of spending at Russian malls

According to business daily Kommersant, shoppers at large malls in European Russia are directing more of their spending toward groceries. Sampa, which manages Sberbank’s malls, found grocery spending rose from 22% to 24% over the past year, while non-food spending fell from 8% to 5%. Experts linked the shift to declining purchasing power and stronger focus on essentials.

Macro & central banksCompanies & industryRussia economyconsumer spendingshopping malls

MMeduzaOriginal★★★☆☆2026-09-04 09:37

Groceries and alcohol make up a growing share of spending at Russian malls
Groceries and alcohol make up a growing share of spending at Russian malls

India Says US Trade Deal Hinges on Preferential Tariff Rate

India will conclude a trade agreement with the US only if Washington offers tariff terms that give Indian exporters an edge over competitors, Commerce Minister Piyush Goyal said. His remarks point to preferential tariff treatment as a central obstacle in the protracted negotiations.

Trade & sanctionsCompanies & industryIndiaUnited Statestrade dealtariffs

BBloomberg NewsOriginal★★★☆☆2026-09-04 09:30

India Says US Trade Deal Hinges on Preferential Tariff Rate
India Says US Trade Deal Hinges on Preferential Tariff Rate

Health-tracking smart ring maker Oura to list on US stock market

Oura has made public its filing to list on the Nasdaq. The smart-ring company reported $1.21bn in revenue and $60.8m in profit in the nine months to 30 June, while its subscription base doubled to 5 million users. Its valuation is expected to exceed the $11bn reached in last year’s fundraising.

MarketsOuraNasdaq listingsmart ringshealth tracking

TThe GuardianOriginal★★☆☆☆2026-09-04 09:29

Health-tracking smart ring maker Oura to list on US stock market
Health-tracking smart ring maker Oura to list on US stock market

Russia-China settlements conducted almost entirely in rubles, yuan — Sechin

Russia-China settlements are already conducted almost entirely in rubles and yuan, Rosneft CEO Igor Sechin said. He highlighted the diversification of international payment instruments and called for further improvements to infrastructure and tools supporting national-currency clearing and correspondent accounts.

MarketsRussiaChinarubleyuan

TTASSOriginal★★★☆☆2026-09-04 09:10

Russia-China settlements conducted almost entirely in rubles, yuan — Sechin

Yen’s changing fortunes may finally be spooking the bears

Only six weeks after the yen fell to a four-decade low against the dollar, its fortunes appear to be turning. A range of factors is finally unsettling aggressive traders who had spent years betting against the Japanese currency.

MarketsyenUS dollarforeign exchange

RReutersOriginal★★☆☆☆2026-09-04 09:00

Yen’s changing fortunes may finally be spooking the bears
Yen’s changing fortunes may finally be spooking the bears

Can Hong Kong outshine Singapore as central banks rethink gold custody amid global risks?

After the Netherlands moved gold out of the US and Canada over geopolitical concerns, attention has turned to whether Hong Kong can benefit as central banks reconsider where to store bullion. Singapore, a rival, is expected to launch central-bank gold-vaulting services in October as it seeks to strengthen its position as an Asian gold-trading hub.

Macro & central banksEnergy & commoditiesHong KongSingaporegold custodycentral banks

SSouth China Morning PostOriginal★★☆☆☆2026-09-04 09:00

Can Hong Kong outshine Singapore as central banks rethink gold custody amid global risks?
Can Hong Kong outshine Singapore as central banks rethink gold custody amid global risks?

US bitcoin ETFs see largest inflow day since January at $731 million

US bitcoin ETFs recorded $731 million in one day, their largest inflow since January. Analysts attributed the substantial movement of capital into bitcoin products to dovish remarks by Fed Governor Christopher Waller.

MarketsCryptoBitcoinETFsCapital inflows

TThe BlockOriginal★★☆☆☆2026-09-04 08:47

US bitcoin ETFs see largest inflow day since January at $731 million
US bitcoin ETFs see largest inflow day since January at $731 million

Why has the Philippines’ peso plunged to a record low?

The Philippine peso fell to an all-time low of 62.71 to the US dollar on Friday, extending a decline of about 6 percent since the start of the year. Higher oil prices linked to the Iran war, a stronger dollar, rising US Treasury yields, fiscal and trade deficits, and elevated inflation are weighing on the currency. The government says the central bank may intervene, while remittances offer some support.

Macro & central banksMarketsEnergy & commoditiesPhilippine pesoexchange ratesoil pricesinflation

AAl JazeeraOriginal★★★☆☆2026-09-04 08:38

Why has the Philippines’ peso plunged to a record low?
Why has the Philippines’ peso plunged to a record low?

Abrupt CEO successions at Indian private banks test strategic focus

Sudden departures from several of India’s leading private banks in recent months have highlighted shortcomings in succession planning. Investors are questioning whether the lenders can remain committed to their long-term business strategies.

Banking & financeCompanies & industryIndiaprivate banksCEO successionbusiness strategy

RReutersOriginal★★★☆☆2026-09-04 08:35

Abrupt CEO successions at Indian private banks test strategic focus
Abrupt CEO successions at Indian private banks test strategic focus

EU budget offers Europe a chance to loosen China’s grip on critical raw materials

The EU says it wants to end its dependence on China for critical raw materials. Nora Kürzdörfer of the Munich Security Conference argues that the next Multiannual Financial Framework will test whether Brussels is serious about European sovereignty.

Macro & central banksEU budgetcritical raw materialsChinaEuropean sovereignty

EeuronewsOriginal★★★★☆2026-09-04 08:32

EU budget offers Europe a chance to loosen China’s grip on critical raw materials

Russia ranks among top three LNG suppliers to China — Novak

Russian Deputy Prime Minister Alexander Novak said Russia has become one of the top three LNG suppliers to China, with seaborne volumes rising more than 50-fold over the past decade. He said Chinese companies are involved in major Arctic projects in Russia and that the Northern Sea Route is important for opening an additional energy-shipping route to China.

Energy & commoditiesRussiaChinaLNGArctic projects

TTASSOriginal★★★☆☆2026-09-04 08:25

Russia ranks among top three LNG suppliers to China — Novak

AMC stock jumps 21% overnight as CEO slams Robinhood over 'outrageous' tokenized shares

AMC shares rose 21% overnight after its CEO criticized Robinhood for offering what he called “outrageous” tokenized shares. OpenAI had previously made a similar complaint, saying it had not authorized the transfer of its shares.

MarketsCryptoCompanies & industryAMCRobinhoodtokenized shares

TThe BlockOriginal★★☆☆☆2026-09-04 07:59

AMC stock jumps 21% overnight as CEO slams Robinhood over 'outrageous' tokenized shares
AMC stock jumps 21% overnight as CEO slams Robinhood over 'outrageous' tokenized shares

EXCLUSIVE: Chinese banks buy Treasuries after raising dollar deposit rates, sources say

Chinese banks have purchased U.S. Treasuries in recent months after raising rates on dollar deposits, according to people familiar with the matter. The moves could help temper gains in the yuan as U.S. yields surge.

MarketsBanking & financeChinese banksU.S. Treasuriesdollar depositsyuan

RReutersOriginal★★★☆☆2026-09-04 07:50

EXCLUSIVE: Chinese banks buy Treasuries after raising dollar deposit rates, sources say
EXCLUSIVE: Chinese banks buy Treasuries after raising dollar deposit rates, sources say

Jokowi’s Legacy of Debt May Curb Danantara’s Investment Ambition

Financial pressure on some of Indonesia’s largest state-owned construction companies, linked to former President Joko Widodo’s infrastructure drive, could force current leader Prabowo Subianto’s sovereign wealth fund Danantara to spend more restructuring them. That may leave less capacity for new investments.

Macro & central banksMarketsCompanies & industryIndonesiaDanantarastate-owned companiesdebt

BBloomberg NewsOriginal★★★☆☆2026-09-04 07:45

Jokowi’s Legacy of Debt May Curb Danantara’s Investment Ambition
Jokowi’s Legacy of Debt May Curb Danantara’s Investment Ambition

Russian stock indices rise at opening of main Moscow Exchange session

Russian stocks opened higher on Friday, with the MOEX and RTS indices each gaining 1.69% to 2,252.1 and 816.53 points. Their gains later narrowed to 1.19%, while the yuan continued to weaken against the ruble.

MarketsRussian stocksMoscow Exchangeruble exchange rate

TTASSOriginal★★☆☆☆2026-09-04 07:40

Russian stock indices rise at opening of main Moscow Exchange session

China rare earth firms halt some US shipments over geopolitical worries, sources say

Some Chinese rare earth suppliers are refusing to ship to the United States because they fear repercussions from Beijing, according to three sources. The situation highlights continued U.S. concerns over access to the materials weeks before President Xi Jinping is due to visit Washington.

Energy & commoditiesCompanies & industryChinaUnited Statesrare earthsgeopolitics

RReutersOriginal★★★★☆2026-09-04 07:25

China rare earth firms halt some US shipments over geopolitical worries, sources say
China rare earth firms halt some US shipments over geopolitical worries, sources say

Exclusive: Ukraine finance chief warns of tightest budget since war began ahead of ‘very difficult winter’

Ukraine’s finance chief, Marchenko, told Euronews exclusively that the country is facing its most severe budget constraints since the full-scale war began in 2022. He also urged the revival of frozen Russian assets under a new custodianship plan.

Macro & central banksMarketsUkraine budgetwar economyfrozen assets

EeuronewsOriginal★★★★☆2026-09-04 07:21

Exclusive: Ukraine finance chief warns of tightest budget since war began ahead of ‘very difficult winter’