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BREAKINGUS Central Command claims destruction of five Iranian oil tankers

Severstal expects Russian steel consumption to decline in 2026-2027

Severstal expects domestic Russian steel consumption to fall in both 2026 and 2027, according to Severstal Distribution director Viktor Romanovsky. He forecasts slight demand growth in the automotive, energy and infrastructure sectors, while the company has linked an expected 7-9% decline in 2026 to a cooling economy, high interest rates and a stronger ruble.

Macro & central banksCompanies & industryRussia steelSeverstalindustrial demand

TTASSOriginal★★☆☆☆2026-09-09 11:53

Severstal expects Russian steel consumption to decline in 2026-2027

France to cut corporate tax surcharge and ease employee buyouts in 2027 budget, PM says

France will reduce but retain the exceptional corporate tax surcharge on very large companies in its 2027 budget, Prime Minister Sebastien Lecornu said in a letter to executives. He also pledged tax stability to support growth and plans to ease employee buyouts.

Macro & central banksCompanies & industryFrance2027 budgetcorporate taxemployee buyouts

RReutersOriginal★★★☆☆2026-09-09 11:50

France to cut corporate tax surcharge and ease employee buyouts in 2027 budget, PM says
France to cut corporate tax surcharge and ease employee buyouts in 2027 budget, PM says

Brent Rises to $100 After US Destroys Five Iranian Tankers

Brent crude rises to $100 after the United States destroys five Iranian tankers.

Energy & commoditiesBrent crudeUnited StatesIranoil tankers

BBloomberg NewsOriginal★★★★☆2026-09-09 11:30

Brent Rises to $100 After US Destroys Five Iranian Tankers
Brent Rises to $100 After US Destroys Five Iranian Tankers
  • US Destroys 5 Iranian Oil Tankers as War Escalates Again
    MAJORUS Destroys 5 Iranian Oil Tankers as War Escalates Again

    The United States struck five Iranian oil tankers in the Gulf of Oman after Iran attacked an American warship. The rising tensions have triggered another major surge in oil and gas prices, while President Donald Trump threatens to ban some food and alcohol imports from Canada.

    United StatesIranoil tankersoil and gas prices

    NNBC News★★★★★2026-09-09 11:12Original
  • Middle East war: Iran attacks US base in Jordan, 10 US vessels
    MAJORMiddle East war: Iran attacks US base in Jordan, 10 US vessels

    Iran's Revolutionary Guards said they heavily struck a US military base in Jordan on Wednesday and vowed retaliation for American attacks on Iranian oil tankers, pushing the two adversaries deeper into war. US forces had destroyed five Iranian tankers on Tuesday after Iran targeted an American warship, the second such attack in under a week.

    Middle East warIranUnited StatesJordan

    FFrance 24★★★★★2026-09-09 10:12Original
  • The Gulf war will ultimately have to end in compromise
    MAJORThe Gulf war will ultimately have to end in compromise

    The United States and Israel have failed to achieve their original objectives, while Iran has not surrendered and the costs of the war are spreading across the region. The conflict has repeatedly stopped and resumed, with alternating US and Iranian strikes and threats, and will ultimately require a settlement that takes the sides’ interests into account.

    Gulf warUS-Iran conflictIsraelwar compromise

    AAl Jazeera★★★★★2026-09-09 10:09Original
  • Hormuz impasse deepens as Iran retaliates against US targets after oil tankers destroyed
    MAJORHormuz impasse deepens as Iran retaliates against US targets after oil tankers destroyed

    Iran launched fresh attacks on US targets in the Middle East on Wednesday, saying they were retaliation for American strikes on Iranian oil tankers. The Revolutionary Guards said 20 US vessels attempting to cross the Strait of Hormuz were attacked. Six months into the war, Iran maintains control of the waterway while Washington seeks to choke Iran’s ports and economy.

    IranUnited StatesStrait of HormuzMiddle East war

    FFrance 24★★★★★2026-09-09 10:02Original
  • US military denies reports of Iranian strikes on its warships
    US military denies reports of Iranian strikes on its warships

    US Central Command rejected claims by Iran’s Islamic Revolutionary Guard Corps that it had struck two US Navy destroyers operating in the Middle East, saying the attacks had failed. CENTCOM also said US forces destroyed 10 Iranian tankers over the past week, describing them as part of a multibillion-dollar network funding the IRGC.

    United StatesIranwarship attacksMiddle East conflict

    CCGTN★★★★☆2026-09-09 09:58Original
  • MAJORUS destroys five Iranian tankers as Tehran takes aim at Jordan

    US CENTCOM said crews were warned to abandon ship before American strikes, following two missile launches by Iran’s IRGC against a US Navy warship in two days. Tehran also fired missiles at US targets in Jordan and told tankers near Kuwait and Bahrain to evacuate.

    United StatesIranmilitary conflicttankers

    Eeuronews★★★★★2026-09-09 09:11Original
  • MAJOROil surges past $100 again as US-Iran clashes intensify

    Brent crude has climbed back above $100 a barrel as fighting between the United States and Iran escalates. The move follows the destruction of five Iranian tankers by US forces and Tehran’s missile strikes on Jordan, while the conflict has kept the Strait of Hormuz largely closed since February.

    Oil pricesUS-Iran conflictStrait of Hormuz

    Eeuronews★★★★★2026-09-09 08:16Original
  • Asian shares mixed as Brent crude nears $100 a barrel
    Asian shares mixed as Brent crude nears $100 a barrel

    Asian shares traded unevenly as investors cautiously watched the outlook for interest rates. The war with Iran pushed oil prices higher, with Brent crude approaching $100 a barrel.

    Asian sharesBrent crudeinterest ratesIran war

    TThe Associated Press★★★★☆2026-09-09 07:30Original
  • CNBC Daily Open: Gulf strikes jolt oil toward triple digits
    MAJORCNBC Daily Open: Gulf strikes jolt oil toward triple digits

    The United States and Iran are exchanging attacks on vessels and tankers in the Strait of Hormuz, pushing oil prices higher while stocks fall.

    United StatesIranStrait of Hormuzoil pricesstocks

    CCNBC★★★★★2026-09-09 06:20Original
  • Why the US-Iran war over Hormuz threatens the Gulf’s waters
    MAJORWhy the US-Iran war over Hormuz threatens the Gulf’s waters

    US and Iranian attacks on oil tankers and other vessels around the Strait of Hormuz are raising fears of a devastating spill in the Gulf. With many tankers carrying crude and petroleum products waiting near the waterway, continued strikes could cause fires, sinkings and widespread damage to coastlines, fisheries and fragile marine ecosystems.

    Strait of HormuzUS-Iran wartanker attacksoil spill risk

    AAl Jazeera★★★★★2026-09-09 05:47Original
  • US strikes Iranian oil tankers as Tehran targets American base in Jordan
    MAJORUS strikes Iranian oil tankers as Tehran targets American base in Jordan

    US forces struck five Iranian oil tankers, sinking one, after Iran targeted an American warship, according to US Central Command. Tehran then fired missiles at a US base in Jordan and said it attacked US vessels and oil tankers in the Strait of Hormuz. The escalating exchanges pushed Brent crude closer to $100 a barrel.

    United StatesIranStrait of Hormuzoil prices

    BBBC News★★★★★2026-09-09 04:26Original
  • Iran attacks U.S. base in Jordan and ships near Hormuz after tankers sunk
    MAJORIran attacks U.S. base in Jordan and ships near Hormuz after tankers sunk

    Iran’s Revolutionary Guard said it launched ballistic missiles at a Jordanian base used by the U.S. military and attacked 10 ships on Wednesday. The actions followed Washington’s claim that it had destroyed five Iranian oil tankers, sharply escalating the six-month-old war.

    IranUnited StatesJordanStrait of Hormuz

    RReuters★★★★★2026-09-09 04:10Original
  • MAJORUS destroys five Iranian tankers as Tehran launches retaliatory strikes on Jordan

    The US military says it destroyed five additional Iranian oil tankers after Iran fired missiles at a Navy warship. Iran’s Revolutionary Guards said Tehran retaliated by targeting a US base in Jordan with missiles, while Jordan’s army reported intercepting 18 Iranian missiles aimed at the kingdom.

    United StatesIranJordantanker strikes

    Eeuronews★★★★★2026-09-09 03:02Original
  • Oil nears $100 as Middle East tensions weigh on Asian stocks
    Oil nears $100 as Middle East tensions weigh on Asian stocks

    Brent crude rose toward $100 a barrel on Wednesday as intensifying attacks in the Middle East dampened sentiment in Asian stock markets. The escalation fueled inflation concerns ahead of closely watched U.S. consumer price data.

    oil pricesAsian stocksMiddle East tensionsinflation

    RReuters★★★★☆2026-09-09 02:50Original
  • MAJORU.S. military says it destroyed five more Iranian oil tankers in latest escalation

    The U.S. military said it destroyed five Iranian oil tankers Tuesday in retaliation for recent attacks on its warships. Tehran said it struck American targets in Jordan, marking another burst of reciprocal attacks in a war that has lasted more than six months.

    United StatesIranoil tanker strikesmilitary conflict

    CCBC News★★★★★2026-09-09 00:33Original
  • US destroys five Iranian tankers as Iran retaliates with attacks on Jordan
    MAJORUS destroys five Iranian tankers as Iran retaliates with attacks on Jordan

    The US says it destroyed five Iranian oil tankers in the Gulf of Oman and near Kharg Island after Iran’s Revolutionary Guard targeted a US warship twice in two days. Iran responded with ballistic-missile strikes on the Al Azraq base in Jordan; Amman said 18 of 20 missiles were intercepted and no casualties occurred.

    United StatesIrantanker strikesJordan

    AAl Jazeera★★★★★2026-09-09 00:08Original
  • Iran war live: US hits Iranian tankers, IRGC attacks US base in Jordan
    MAJORIran war live: US hits Iranian tankers, IRGC attacks US base in Jordan

    Following the US attack on Iranian tankers, Iran’s Islamic Revolutionary Guard Corps urges crews to leave tankers in Kuwait and Bahrain and warns that it will target ships.

    Iran warUnited Statestanker strikesIRGC

    AAl Jazeera★★★★★2026-09-09 00:00Original
  • US bombs five Iranian oil tankers after its navy is attacked
    MAJORUS bombs five Iranian oil tankers after its navy is attacked

    The US military released video showing its forces destroying what it says were five Iranian crude oil tankers. The strikes mark the second series of direct US attacks on Iranian ships in a matter of days, with CENTCOM saying they were retaliation for Iranian attempts to hit US warships.

    United StatesIranoil tanker strikeswar

    AAl Jazeera★★★★★2026-09-08 23:49Original
  • US military says it destroyed five Iranian oil carriers after attempted missile attacks
    US military says it destroyed five Iranian oil carriers after attempted missile attacks

    U.S. Central Command said its forces destroyed five Iranian crude oil carriers on September 8, following attempted missile attacks on a U.S. Navy warship during the preceding two days.

    United StatesIranoil tanker strikes

    RReuters★★★★☆2026-09-08 23:15Original
  • Middle East live: US destroys five Iranian oil tankers as Iran threatens Kuwait and Bahrain
    MAJORMiddle East live: US destroys five Iranian oil tankers as Iran threatens Kuwait and Bahrain

    US forces destroyed five Iranian oil carriers on Tuesday after Iran fired ballistic missiles at an American warship twice in recent days. Tehran also struck US targets in Jordan and threatened attacks on tankers near Kuwait and Bahrain.

    Middle EastUnited StatesIranoil tanker strikes

    FFrance 24★★★★★2026-09-08 23:07Original
  • BREAKINGUS Central Command claims destruction of five Iranian oil tankers

    US Central Command said American forces destroyed five Iranian crude-oil carriers on September 8. It described the action as a response to two ballistic-missile attacks by Iran’s Islamic Revolutionary Guard Corps against a US Navy warship over the previous two days.

    US-Iran conflictoil tanker strikesCENTCOM

    TTASS★★★★★2026-09-08 22:41Original
  • US strikes Iranian oil tankers in Strait of Hormuz
    BREAKINGUS strikes Iranian oil tankers in Strait of Hormuz

    The US military struck several Iranian tankers in the Strait of Hormuz on Tuesday. Explosions were reported near the southern port of Jask and Kharg Island, key Iranian oil-export sites. A US official said the strikes retaliated against attempted Iranian missile attacks on a US Navy warship; no casualties were immediately reported.

    United StatesIranStrait of Hormuzoil tanker strikes

    DDW★★★★★2026-09-08 21:56Original
  • MAJOROil nears $100 as US launches new strikes on Iranian tankers

    The US military struck “multiple” ships linked to Iran’s Revolutionary Guards in response to further attempted missile attacks on a US Navy warship, sending oil prices close to $100 a barrel.

    United StatesIrantanker strikesoil prices

    FFinancial Times★★★★★2026-09-08 21:48Original
  • Iran threatens oil tankers in Kuwait and Bahrain after reported US strikes
    Iran threatens oil tankers in Kuwait and Bahrain after reported US strikes

    Following reported US strikes, Iran’s navy warns that tankers in Kuwait and Bahrain will be targeted in retaliation.

    Iranoil tankersKuwaitBahrain

    TTRT World★★★★☆2026-09-08 21:33Original
  • BREAKINGReporter: US strikes targets near Iran’s Kharg Island and Jask

    The US military struck targets near Iran’s Kharg Island and the city of Jask, Fox News correspondent Jennifer Griffin reported, citing sources. She said Iranian oil tankers were among the targets. Iran’s Tasnim news agency said a tanker near Kharg Island was hit, with its crew evacuated and no injuries reported.

    United StatesIranKharg Islandtanker strikes

    TTASS★★★★★2026-09-08 21:30Original
  • US strikes multiple Iranian tankers as Middle East tensions soar
    MAJORUS strikes multiple Iranian tankers as Middle East tensions soar

    The US struck multiple Iranian oil tankers as tensions surged across the Middle East. Washington had said it carried out strikes on Iranian tankers in the Strait of Hormuz.

    USIranStrait of Hormuztanker strikes

    TTRT World★★★★★2026-09-08 21:13Original
  • US attacks another Iranian oil tanker — TV

    Iran’s public broadcaster reported that the US Army struck another oil tanker near the Iranian port city of Jask. The crew are reportedly rowing lifeboats toward the island. Tasnim earlier said US forces had attacked an Iranian tanker off Kharg Island.

    United StatesIranoil tanker attack

    TTASS★★★★☆2026-09-08 21:01Original
  • U.S. strikes Iranian tankers after more attempted missile attacks on Navy warship
    MAJORU.S. strikes Iranian tankers after more attempted missile attacks on Navy warship

    The United States struck multiple Iranian tankers on Tuesday in response to additional attempted missile attacks against a U.S. Navy warship, according to an unnamed U.S. official who cited the sensitivity of the military operations.

    United StatesIrantanker strikesmilitary operations

    NNBC News★★★★★2026-09-08 20:58Original
  • US strikes Iranian tankers after more attempted missile attacks on Navy warship
    BREAKINGUS strikes Iranian tankers after more attempted missile attacks on Navy warship

    The United States struck multiple Iranian tankers after further attempted missile attacks on a Navy warship.

    United StatesIrantanker strikes

    TThe Associated Press★★★★★2026-09-08 20:57Original
  • MAJORUS targeted multiple Iranian tankers near Kharg Island, officials say

    The United States targeted multiple Iranian tankers near Kharg Island in the Strait of Hormuz, according to two US officials.

    United StatesIranStrait of Hormuztanker strikes

    CCNN★★★★★2026-09-08 20:55Original
  • US Military Hit Targets Near Iran’s Kharg Island, Fox News Says
    MAJORUS Military Hit Targets Near Iran’s Kharg Island, Fox News Says

    The US military struck targets near Iran’s Kharg Island and the port city of Jask, Fox News reported Tuesday. The strikes were described as part of a strategy to apply economic pressure on Iran and bring the war to an end.

    United StatesIranmilitary strikesKharg Island

    BBloomberg News★★★★★2026-09-08 20:08Original
  • BREAKINGUS strikes Iranian oil tanker near Kharg Island — agency

    The United States attacked an Iranian oil tanker anchored near Kharg Island, Tasnim reported. No one was injured and the crew is being evacuated. Earlier reports said explosions were heard near Kharg Island and in Jask.

    United StatesIranoil tanker strike

    TTASS★★★★★2026-09-08 19:52Original

Russia’s budget deficit reaches $67.56 billion, or 2.5% of GDP, in January-August

Russia’s federal budget recorded a deficit of 5.795 trillion rubles ($67.56 billion), equal to 2.5% of GDP, in January-August 2026, the Finance Ministry said. Revenues rose 9.2% year on year to 25.929 trillion rubles, while expenditures increased 14.7% to 31.724 trillion. Non-oil and gas revenues grew 18.1%, and August dividend income totaled 691 billion rubles.

Macro & central banksCompanies & industryRussiafederal budgetbudget deficitfiscal revenues

TTASSOriginal★★★☆☆2026-09-09 11:23

Russia’s budget deficit reaches $67.56 billion, or 2.5% of GDP, in January-August

What will tariffs really cost Canadians and Americans?

After Donald Trump threatened higher tariffs on Canadian vehicles, trucks and parts, Mark Carney imposed retaliatory duties on several US goods. The measures could raise costs for cars, building materials, furniture and alcohol, while adding uncertainty for business investment and jobs. The US has also announced import bans on some Canadian products.

Macro & central banksTrade & sanctionsUS-Canada trade wartariffscost of livingsupply chains

BBBC ChineseOriginal★★★★☆2026-09-09 08:30

What will tariffs really cost Canadians and Americans?
What will tariffs really cost Canadians and Americans?

Prudential, Manulife seal tech alliances amid Beijing’s tightened tax rules

Hong Kong insurers including Prudential, Manulife and BOC Life are accelerating cross-sector partnerships to strengthen capabilities and efficiency as China tightens cross-border tax rules. Prudential has partnered with Alibaba Cloud on an AI underwriter to help financial consultants make preliminary decisions using clients’ financial situations, medical records and occupations.

Macro & central banksBanking & financeTech & AIHong Kong insuranceAI underwritingcross-sector partnerships

SSouth China Morning PostOriginal★★☆☆☆2026-09-09 08:30

Prudential, Manulife seal tech alliances amid Beijing’s tightened tax rules
Prudential, Manulife seal tech alliances amid Beijing’s tightened tax rules

Mainland remains top destination for Taiwan businesses, spokesperson says

Taiwan Affairs Office spokesperson Chen Binhua said the Chinese mainland remains the best destination for Taiwan business people and enterprises, offering fertile ground for innovation and a reliable buffer against risks. Cross-Strait trade reached $221.8 billion in January-July, up 26.5% year on year, demonstrating close economic ties and resilient supply chains. Chen also dismissed DPP authorities’ smear campaigns and pessimistic predictions.

Macro & central banksTrade & sanctionsCompanies & industrycross-Strait tradeTaiwan businessesChinese mainlandeconomic ties

CChina News ServiceOriginal★★★☆☆2026-09-09 08:24

Mainland remains top destination for Taiwan businesses, spokesperson says

Bank of Russia buys $22.17 million in yuan with September 8 settlement

The Bank of Russia bought 1.9 billion rubles ($22.17 million) worth of yuan on the domestic market with settlement on September 8. Purchases settled on September 7 amounted to 5.9 billion rubles ($68.84 million). The operations use the yuan-ruble instrument in the Moscow Exchange foreign-exchange section.

Macro & central banksMarketsBank of Russiayuanforeign exchange

TTASSOriginal★★☆☆☆2026-09-09 08:01

Bank of Russia buys $22.17 million in yuan with September 8 settlement

Chinese stock recovery faces Fed and oil pressures in September, top fund manager says

China Asset Management says mainland stocks may trade sideways in September. Double-digit first-half profit growth could support prices, but concerns about possible US monetary tightening and a hawkish Federal Reserve tone may weigh on the recovery.

Macro & central banksMarketsEnergy & commoditiesChinese stocksFederal Reserveoil prices

SSouth China Morning PostOriginal★★☆☆☆2026-09-09 06:28

Chinese stock recovery faces Fed and oil pressures in September, top fund manager says
Chinese stock recovery faces Fed and oil pressures in September, top fund manager says

Pinglu Canal to open to navigation on Sept. 16

The Pinglu Canal, a major project linking western China’s New International Land-Sea Trade Corridor, will begin navigation on Sept. 16. The 134.2-kilometer waterway connects Guangxi with the Beibu Gulf and is expected to cut inland shipping distances by more than 560 kilometers and reduce logistics costs by 18% to 30%.

Macro & central banksPinglu CanalGuangxiland-sea corridorinfrastructure

CChina News ServiceOriginal★★★☆☆2026-09-09 03:14

Pinglu Canal to open to navigation on Sept. 16

China’s CPI rises 0.8% in August, PPI climbs 3.8%

China’s consumer price index rose 0.8% year on year in August, according to data from the National Bureau of Statistics. The producer price index, which tracks factory-gate costs, increased 3.8% over the same period.

Macro & central banksChina economyinflationCPIPPI

CChina News ServiceOriginal★★★☆☆2026-09-09 02:30

China’s CPI rises 0.8% in August, PPI climbs 3.8%

China’s wholesale inflation tops estimates in August on commodity costs and tech demand

China’s wholesale inflation exceeded expectations in August, driven by higher commodity costs and technology demand. Much of the anticipated pickup reflects a favorable base-effect comparison and rising commodity costs rather than a genuine strengthening in household demand.

Macro & central banksEnergy & commoditiesChina economywholesale inflationcommoditiestechnology demand

CCNBCOriginal★★★☆☆2026-09-09 02:06

China’s wholesale inflation tops estimates in August on commodity costs and tech demand
China’s wholesale inflation tops estimates in August on commodity costs and tech demand

Mexico targets more Chinese tourists

Mexico has introduced “Plan China” to attract more visitors from China, expand tourism and deepen economic ties. The strategy calls for promotion on Chinese digital platforms, more Chinese-language information and partnerships with travel companies and the Chinese government. Operators say a shortage of certified Mandarin-speaking guides and limited Chinese information remain obstacles.

Macro & central banksCompanies & industryMexicoChinese touriststourismeconomic ties

CCGTNOriginal★★☆☆☆2026-09-08 22:23

Mexico targets more Chinese tourists
Mexico targets more Chinese tourists

Bitcoin bulls shouldn’t mistake a shrinking dollar reserve share for central bank buying

New York Fed research found the dollar’s share of global official foreign-exchange reserves fell from 64% at the end of 2015 to 56% at the end of 2025. The decline may reflect reserve-size changes or concentrated portfolio decisions, not central-bank Bitcoin purchases. A sovereign Bitcoin demand case requires evidence of an allocation, its funding source and executed buys.

Macro & central banksMarketsCryptoBitcoindollar reservescentral banksNew York Fed

CCryptoSlateOriginal★★☆☆☆2026-09-08 22:20

Bitcoin bulls shouldn’t mistake a shrinking dollar reserve share for central bank buying
Bitcoin bulls shouldn’t mistake a shrinking dollar reserve share for central bank buying

Bitcoin could get the dollar drop bulls want without the liquidity rally they need

The European Central Bank’s Sept. 10 decision could lift the euro and weaken the dollar index, offering Bitcoin some relief after it fell below $80,000. But a currency-driven DXY decline may not show that financing conditions have eased. Bitcoin was around $78,800, down roughly 1% in 24 hours after strong US labor data revived expectations of persistently high interest rates.

Macro & central banksMarketsCryptoBitcoinUS dollarEuropean Central Bankliquidity

CCryptoSlateOriginal★★☆☆☆2026-09-08 19:10

Bitcoin could get the dollar drop bulls want without the liquidity rally they need
Bitcoin could get the dollar drop bulls want without the liquidity rally they need

UK borrowing rate hits highest since 1998, highlighting public-finance pressure

Britain sold £4.25 billion ($5.75 billion) in 30-year bonds on Tuesday at the highest yield recorded for comparable debt since 1998. Rising global borrowing costs are putting pressure on new Finance Minister John Healey’s plans for his first budget.

Macro & central banksMarketsUK economybond yieldspublic finances

RReutersOriginal★★★☆☆2026-09-08 17:10

UK borrowing rate hits highest since 1998, highlighting public-finance pressure
UK borrowing rate hits highest since 1998, highlighting public-finance pressure

Bank of England to hold rates, show patience with war-driven inflation: Reuters poll

The Bank of England is expected to keep Bank Rate at 3.75% for the rest of the year and at least through mid-2027, a Reuters poll found. Economists still believe inflation is not strong enough to persuade most policymakers to support higher borrowing costs.

Macro & central banksBank of Englandinterest ratesinflation

RReutersOriginal★★★☆☆2026-09-08 17:05

Bank of England to hold rates, show patience with war-driven inflation: Reuters poll
Bank of England to hold rates, show patience with war-driven inflation: Reuters poll

Fed inflation trap threatens Bitcoin below $80K as $100 oil blindsides Friday CPI report

Bitcoin traded below $80,000 on Sept. 8 as oil neared $100 a barrel after attacks disrupted operations at some Saudi energy facilities. Friday’s US CPI report covers August and cannot capture the new shock, leaving the Federal Reserve to weigh inflation, jobs and rates amid an uncertain outlook.

Macro & central banksEnergy & commoditiesCryptoBitcoinFederal Reserveinflationoil prices

CCryptoSlateOriginal★★☆☆☆2026-09-08 16:55

Fed inflation trap threatens Bitcoin below $80K as $100 oil blindsides Friday CPI report
Fed inflation trap threatens Bitcoin below $80K as $100 oil blindsides Friday CPI report

Russia’s creative economy growing 4.5 times faster than GDP

Russia’s creative economy is expanding 4.5 times faster than the country’s GDP, accounts for 4.2% of the economy and employs more than 3.5 million people, the Presidential Fund for Cultural Initiatives said. Its target share is 6%.

Macro & central banksRussiacreative economyeconomic growth

TTASSOriginal★★★☆☆2026-09-08 16:50

Russia’s creative economy growing 4.5 times faster than GDP

European economy threatened by decline of carmakers, FT says

Europe’s welfare levels could collapse unless the region rescues its auto industry and builds a beneficial relationship with Chinese carmakers setting up factories there, Gestamp chair and founder Francisco Riberas told the Financial Times. He called automotive manufacturing an anchor for industries including steel, aluminium, glass and chemicals, and urged Chinese firms to produce locally and use European suppliers.

Macro & central banksCompanies & industryEuropean economyauto industryChinese carmakers

TTASSOriginal★★★★☆2026-09-08 16:07

European economy threatened by decline of carmakers, FT says

Egypt targets $100 billion in exports by 2030

Egypt aims to increase annual exports from about $48 billion to $100 billion by 2030 to narrow its trade deficit and boost foreign-currency earnings. The government’s Egypt Export Initiative seeks to diversify the export base by supporting smaller producers outside Cairo with market information, financial assistance and guidance on overseas markets, quality standards and pricing.

Macro & central banksTrade & sanctionsEgyptexportstrade deficit

CCGTNOriginal★★★☆☆2026-09-08 16:01

Egypt targets $100 billion in exports by 2030
Egypt targets $100 billion in exports by 2030

Growth nearing 1% of GDP and higher revenues: what it means for the 2027 Budget Law

Economist Pietro Reichlin told Euronews that the 1% growth forecast is realistic, but Italy remains last in the EU. Growth alone will not create much more room in the 2027 budget, which is constrained by structural weaknesses including low productivity and an ageing population.

Macro & central banksCompanies & industryItaly2027 budgeteconomic growthageing population

EeuronewsOriginal★★★☆☆2026-09-08 15:45

Growth nearing 1% of GDP and higher revenues: what it means for the 2027 Budget Law

CGTN poll: Nearly 90% see CIFTIS as key to China’s services opening-up

As the 2026 China International Fair for Trade in Services begins, a CGTN global poll finds 89.6% of respondents view it as an important platform for high-level opening-up in China’s services industries. The fair has introduced a “China Services” area and attracted participants from 90 countries and international organizations, with more than 1,800 companies attending offline.

Trade & sanctionsCIFTISChina services tradeopening-updigital services

CCGTNOriginal★★★☆☆2026-09-08 15:01

CGTN poll: Nearly 90% see CIFTIS as key to China’s services opening-up
CGTN poll: Nearly 90% see CIFTIS as key to China’s services opening-up
  • 2026 CIFTIS: Where ‘China services’ meet the world
    2026 CIFTIS: Where ‘China services’ meet the world

    The 2026 China International Fair for Trade in Services will run from September 9 to 13 at Beijing’s Shougang Park, with participants from 90 countries, regions and international organizations and more than 1,830 companies. The fair highlights the shift toward knowledge-intensive, high-value and technology-driven services, along with digitalization, intelligent technologies and green development.

    CIFTISservice tradeChina economydigitalization

    CCGTN★★★☆☆2026-09-08 11:30Original

Organised crime drives illicit cigarette factory boom in ‘almost every EU state’

The European Court of Auditors says illicit tobacco trade has grown sharply, with about one in 10 cigarettes illegally made or smuggled and an estimated €13bn in annual lost tax revenue. Crime groups are moving production inside the EU, where illegal factories have been found in almost every member state. Uneven enforcement and weak information-sharing leave gaps they exploit.

Macro & central banksCompanies & industryEUillicit tobaccoorganised crimetax revenue

TThe GuardianOriginal★★★★☆2026-09-08 15:00

Organised crime drives illicit cigarette factory boom in ‘almost every EU state’
Organised crime drives illicit cigarette factory boom in ‘almost every EU state’

Bank of Russia buys $68.14 mln in yuan with settlement on September 7

The Bank of Russia bought 5.9 billion rubles ($68.14 million) worth of yuan on the domestic market, with settlement on September 7, 2026. Foreign-currency purchases settled on September 4 totaled the same amount. The operations use the yuan-ruble instrument on the Moscow Exchange’s foreign-exchange section.

Macro & central banksMarketsBank of Russiayuanforeign exchange

TTASSOriginal★★☆☆☆2026-09-08 12:47

Bank of Russia buys $68.14 mln in yuan with settlement on September 7

Stablecoins could save South Korean merchants up to $3.8 billion a year, budget office says

South Korea’s budget office said stablecoin adoption could save merchants as much as $3.8 billion annually. It also warned that stablecoins could diminish banks’ role as credit intermediaries and destabilize token pegs during mass redemptions.

Macro & central banksCryptoSouth Koreastablecoinsmerchantsfinancial stability

CCoinDeskOriginal★★★☆☆2026-09-08 09:51

Stablecoins could save South Korean merchants up to $3.8 billion a year, budget office says
Stablecoins could save South Korean merchants up to $3.8 billion a year, budget office says

In Numbers: China’s foreign trade maintains rapid growth in first eight months

China’s goods trade grew 17.6% year on year to 34.78 trillion yuan in the first eight months of 2026, official data showed. Exports rose 14.6% to 20.17 trillion yuan, while imports increased 22% to 14.61 trillion yuan, keeping import growth ahead of exports.

Macro & central banksTrade & sanctionsChina foreign tradeimports and exportseconomic growth

CChina News ServiceOriginal★★★☆☆2026-09-08 08:46

In Numbers: China’s foreign trade maintains rapid growth in first eight months
  • China’s foreign trade grows 17.6% in first eight months

    China’s total goods trade rose 17.6% year on year to 34.78 trillion yuan in the first eight months of 2026, customs data showed. Exports increased 14.6% and imports 22%. August trade grew 19.8%, with both imports and exports recording double-digit growth for a fourth straight month.

    China tradeimports and exportscustoms data

    CChina News Service★★★☆☆2026-09-08 06:31Original

Indian steel prices set to rise further on coking coal costs, demand revival

Indian steel prices are expected to climb further in the coming weeks, executives and analysts said, as post-monsoon infrastructure and automotive demand tightens the market. Rising coking coal costs are also increasing mills’ production expenses.

Macro & central banksEnergy & commoditiesCompanies & industryIndia steelsteel pricescoking coalinfrastructure demand

RReutersOriginal★★★☆☆2026-09-08 07:50

Indian steel prices set to rise further on coking coal costs, demand revival
Indian steel prices set to rise further on coking coal costs, demand revival

Hong Kong should expand MPF investment choices, attract mainland pension funds: council

Hong Kong’s Financial Services Development Council recommends allowing the Mandatory Provident Fund to invest in a wider range of assets and attracting long-term mainland capital, including pension funds, to invest globally through the city. The MPF holds HK$1.67 trillion in assets and currently invests in stocks, bonds and deposits.

Macro & central banksMarketsHong KongMPFpension fundsinvestment

SSouth China Morning PostOriginal★★☆☆☆2026-09-08 06:30

Hong Kong should expand MPF investment choices, attract mainland pension funds: council
Hong Kong should expand MPF investment choices, attract mainland pension funds: council

WorldIran to Reach Oman Hormuz Deal in Days as Canada Tariffs Near

Iran is expected to reach a deal with Oman on Hormuz within days, while Canadian tariffs are approaching, according to a Bloomberg News Now report highlighting the day's top global business stories.

IranOmanStrait of HormuzCanada tariffs

BBloomberg NewsOriginal★★★★☆2026-09-08 06:30

Iran to Reach Oman Hormuz Deal in Days as Canada Tariffs Near
Iran to Reach Oman Hormuz Deal in Days as Canada Tariffs Near

Hong Kong stocks face double threat from US inflation and yen carry-trade risks

Hong Kong and mainland Chinese stocks face a pivotal week as investors weigh US inflation data, a stronger Japanese yen and upcoming monetary-policy decisions by two major central banks. Friday’s US consumer-price report will be closely watched ahead of the Federal Reserve’s meeting next week, amid signals that inflation control will be a priority.

Macro & central banksMarketsTrade & sanctionsHong Kong stocksUS inflationJapanese yenmonetary policy

SSouth China Morning PostOriginal★★☆☆☆2026-09-08 06:19

Hong Kong stocks face double threat from US inflation and yen carry-trade risks
Hong Kong stocks face double threat from US inflation and yen carry-trade risks

China exports accelerate on strong demand for autos and high-tech goods

China’s exports grew 25% year on year in August, accelerating as strong demand for automobiles and high-tech goods buoyed shipments.

Trade & sanctionsChina exportstradeautomobileshigh-tech goods

EeuronewsOriginal★★★☆☆2026-09-08 04:27

China exports accelerate on strong demand for autos and high-tech goods

The cost of being Apollo

US academics have calculated the price that companies in the private equity group’s portfolio pay for its reputation.

MarketsCompanies & industryApollo Global Managementprivate equitycorporate reputation

FFinancial TimesOriginal★★☆☆☆2026-09-08 04:00

The cost of being Apollo

PBOC extends gold-buying streak to 22 months with record monthly increase

China’s central bank bought gold for a 22nd consecutive month in August, lifting holdings by 650,000 ounces to 76.73 million ounces. It was the largest monthly increase since purchases resumed in November 2024. An analyst said concerns over U.S. fiscal risks and the dollar’s credibility may have accelerated the buying, as China seeks to optimize its reserve structure.

Macro & central banksEnergy & commoditiesPBOCgold reservesforeign exchange reservesrenminbi internationalization

CChina News ServiceOriginal★★★☆☆2026-09-08 02:44

PBOC extends gold-buying streak to 22 months with record monthly increase

The Warsh Doctrine Is Ill-Suited for a Fading Thailand

While officials in major economies largely stick to controlling inflation and supporting employment, Thailand central bank chief Vitai Ratanakorn is prepared to address wider challenges. Success will require luck and tolerance from the politicians who appointed him.

Macro & central banksThailandcentral bankingmonetary policy

BBloomberg NewsOriginal★★☆☆☆2026-09-08 01:30

The Warsh Doctrine Is Ill-Suited for a Fading Thailand
The Warsh Doctrine Is Ill-Suited for a Fading Thailand

Strong jobs trigger hawkish UBS reversal that could pressure Bitcoin through December

UBS now expects the Federal Reserve to raise rates by 25 basis points in both September and December, reversing its earlier call for no hikes this year. The shift, driven by resilient August employment, hawkish Fed signals and inflation risks, could keep yields and dollar assets attractive while raising the opportunity cost of holding non-yielding Bitcoin.

Macro & central banksCryptoBanking & financeCompanies & industryBitcoinFederal ReserveUBSinterest rates

CCryptoSlateOriginal★★☆☆☆2026-09-07 22:05

Strong jobs trigger hawkish UBS reversal that could pressure Bitcoin through December
Strong jobs trigger hawkish UBS reversal that could pressure Bitcoin through December

Volkswagen’s Osnabrück plant to switch from cars to defence

Crisis-hit Volkswagen has reached a preliminary agreement to sell its Osnabrück plant in Lower Saxony to the state government and Israeli investor Aurelius Capital. From mid-2027, the factory is expected to produce equipment for Rafael Advanced Defence Systems, the maker of the Iron Dome missile defence system. The report also examines Germany’s economy after the far-right AfD’s historic win in Saxony-Anhalt.

Macro & central banksCompanies & industryVolkswagenGerman economydefence industry

FFrance 24Original★★★☆☆2026-09-07 20:52

Volkswagen’s Osnabrück plant to switch from cars to defence
Volkswagen’s Osnabrück plant to switch from cars to defence

DeFi lender proposes bad-debt fix, but user USDC funds remain locked

Moonwell’s MIP-X66 governance proposal would change risk settings and interest models and use protocol reserves to recapitalize its USDC market. A projection suggests monthly interest accruing on bad debt across seven Base markets could fall by about 85%, but supplier repayments and a restart of Base borrowing remain unresolved.

Macro & central banksCryptoBanking & financeDeFiMoonwellUSDCbad debt

CCryptoSlateOriginal★★☆☆☆2026-09-07 20:05

DeFi lender proposes bad-debt fix, but user USDC funds remain locked
DeFi lender proposes bad-debt fix, but user USDC funds remain locked

BAM, Trans-Siberian rail capacity set to reach 270 mln tonnes by 2032

Modernization of the Baikal-Amur Mainline and the Trans-Siberian Railway is planned to raise their combined carrying capacity to 210 million tonnes by the end of 2030 and 270 million tonnes by the end of 2032, according to a draft development strategy for Russia’s Far Eastern Federal District.

Macro & central banksRussiarailwaysFar East development

TTASSOriginal★★★☆☆2026-09-07 18:52

BAM, Trans-Siberian rail capacity set to reach 270 mln tonnes by 2032

Russia plans easier visa rules, infrastructure upgrades to boost Far East tourism

Russia plans to make the Far East more attractive to domestic and foreign tourists by simplifying visa procedures, adapting services for overseas visitors and upgrading airports, flight networks, roads and ports for cruise tourism. A draft strategy says tourist traffic in 2024 was 36% higher than in 2022.

Macro & central banksBanking & financeCompanies & industryRussiaFar Easttourisminfrastructure

TTASSOriginal★★★☆☆2026-09-07 18:31

Russia plans easier visa rules, infrastructure upgrades to boost Far East tourism

When does a family meal become a luxury in Nigeria?

Rising food prices in Nigeria are changing the cost and ingredients of traditional soups. At a cooking festival in Lagos, chefs and attendees describe how a family staple has become increasingly difficult to afford: a pot that once cost 5,000 naira now cannot be made with 10,000 naira.

Macro & central banksEnergy & commoditiesCompanies & industryNigeriafood pricescost of living

AAl JazeeraOriginal★★★☆☆2026-09-07 16:53

When does a family meal become a luxury in Nigeria?
When does a family meal become a luxury in Nigeria?

Record-strength El Niño could mean bigger supermarket bills for Australians, experts warn

Experts warn that a potentially record-strength El Niño, bringing hot and dry conditions to eastern Australia’s growing regions, could lift food prices over the next year. The weather event may add to household cost pressures and make it harder for the Reserve Bank of Australia to bring inflation under control, although other costs and global commodity shocks also influence prices.

Macro & central banksEnergy & commoditiesAustraliaEl Niñofood pricesinflation

TThe GuardianOriginal★★★☆☆2026-09-07 15:00

Record-strength El Niño could mean bigger supermarket bills for Australians, experts warn
Record-strength El Niño could mean bigger supermarket bills for Australians, experts warn

Russia’s international reserves rise 6.76% in August to $769 bln — Central Bank

Russia’s international reserves reached $769.022 billion on September 1, 2026, up 6.76%, or $48.674 billion, from the start of August, the Central Bank reported. Foreign-currency reserves rose 1.88% to $435.539 billion, while monetary gold increased 13.87% to $333.484 billion.

Macro & central banksEnergy & commoditiesRussiainternational reservescentral bankgold reserves

TTASSOriginal★★★☆☆2026-09-07 13:29

Russia’s international reserves rise 6.76% in August to $769 bln — Central Bank

Xi Jinping’s key quotes on new quality productive forces

On September 7, 2023, Xi Jinping first introduced the concept of new quality productive forces during an inspection tour of Heilongjiang in northeast China. He has said that developing them is crucial to advancing high-quality development and strengthening economic competitiveness.

Macro & central banksnew quality productive forcesXi Jinpinghigh-quality developmentChina economy

CCGTNOriginal★★★☆☆2026-09-07 12:57

Xi Jinping’s key quotes on new quality productive forces
Xi Jinping’s key quotes on new quality productive forces

India’s central bank sold at least $8 billion last week to support rupee, bankers say

The Reserve Bank of India intensified its foreign-exchange intervention last week, selling at least $8 billion to support the rupee, according to six bankers. A surge of policy-driven dollar inflows gave the central bank more room to back the currency.

Macro & central banksMarketsReserve Bank of Indiarupeeforeign-exchange intervention

RReutersOriginal★★★☆☆2026-09-07 12:15

India’s central bank sold at least $8 billion last week to support rupee, bankers say
India’s central bank sold at least $8 billion last week to support rupee, bankers say

Russian region delays public-sector pay raises after ‘unforeseen expenses’ on military recruitment bonuses

The government of Sakha has delayed a planned 5.4% pay increase for budget-funded employees from July 1 to September 1. Officials attributed the postponement to “unforeseen expenses” for payments to people who signed contracts with Russia’s Defense Ministry. Similar pay measures were also halted or scrapped in Rostov and Sakhalin.

Macro & central banksSakhapublic-sector wagesmilitary recruitment bonuses

MMeduzaOriginal★★★☆☆2026-09-07 12:06

Russian region delays public-sector pay raises after ‘unforeseen expenses’ on military recruitment bonuses
Russian region delays public-sector pay raises after ‘unforeseen expenses’ on military recruitment bonuses

Egypt seeks broader AIIB partnership on energy and infrastructure

Egyptian President Abdel Fattah El-Sisi called for expanded cooperation with the Asian Infrastructure Investment Bank in energy, transport, ports and logistics during talks with AIIB President Zou Jiayi. He said future cooperation should match Egypt’s development priorities, while Zou reaffirmed the bank’s support for the country’s plans.

Macro & central banksEnergy & commoditiesEgyptAIIBinfrastructureenergy

CCGTNOriginal★★★☆☆2026-09-07 11:23

Egypt seeks broader AIIB partnership on energy and infrastructure
Egypt seeks broader AIIB partnership on energy and infrastructure