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EU trade chief to visit Manila to finalise Philippines trade deal

The EU trade chief will visit Manila to help finalise a trade agreement with the Philippines. Manila and Brussels have completed six rounds of talks focused on reducing barriers across a wide range of sectors, as Brussels seeks to diversify its trade ties in the Asia-Pacific region.

Trade & sanctionsCompanies & industryEUPhilippinestrade deal

EeuronewsOriginal★★★☆☆2026-09-14 14:42

EU trade chief to visit Manila to finalise Philippines trade deal

Canada’s August inflation holds steady at 3% as crude prices stay firm

Canada’s annual inflation rate remained at 3% in August, unchanged from the previous month. Firm crude prices continued to affect gasoline costs, while food-price growth eased only moderately, according to data released Monday.

Macro & central banksEnergy & commoditiesCompanies & industryCanadainflationcrude prices

RReutersOriginal★★★☆☆2026-09-14 14:30

Canada’s August inflation holds steady at 3% as crude prices stay firm
Canada’s August inflation holds steady at 3% as crude prices stay firm

Key US borrowing-cost benchmark hits 5%, potentially raising home and car financing costs

A key benchmark for borrowing costs across the US economy has reached 5%, a move that could soon make buying a home or financing a car more expensive.

Macro & central banksMarketsCompanies & industryReal EstateUS economyborrowing costshousing finance

CCNNOriginal★★★☆☆2026-09-14 14:29

Key US borrowing-cost benchmark hits 5%, potentially raising home and car financing costs

Kaiko extends Series B to $110 million with S&P Global and BNP Paribas

Financial ratings giant S&P Global, BNP Paribas and other traditional banks and exchange operators have joined Kaiko’s Series B, bringing the round to $110 million. The funding will support the company’s expansion into continuous market data services.

MarketsBanking & financeKaikoS&P Globalfundingmarket data

CCoinDeskOriginal★★☆☆☆2026-09-14 14:06

Kaiko extends Series B to $110 million with S&P Global and BNP Paribas
Kaiko extends Series B to $110 million with S&P Global and BNP Paribas

East Timor postpones earliest production from Greater Sunrise gas project

East Timor’s petroleum minister said the Greater Sunrise natural gas project has delayed its earliest possible production start by two years, to 2034, putting additional pressure on a timeline already beset by decades of delays.

Energy & commoditiesCompanies & industryEast TimorGreater Sunrisenatural gasenergy

RReutersOriginal★★★☆☆2026-09-14 14:00

East Timor postpones earliest production from Greater Sunrise gas project
East Timor postpones earliest production from Greater Sunrise gas project

EXCLUSIVE: Kimberly-Clark readies asset sales to win EU approval for Kenvue deal, sources say

Kimberly-Clark is preparing concessions, including possible asset sales, to address EU antitrust concerns over its proposed $40 billion purchase of Tylenol maker Kenvue, according to people familiar with the matter. The steps could help secure approval after a preliminary review.

Companies & industryKimberly-ClarkKenvueEU antitrustM&A

RReutersOriginal★★★☆☆2026-09-14 13:35

EXCLUSIVE: Kimberly-Clark readies asset sales to win EU approval for Kenvue deal, sources say
EXCLUSIVE: Kimberly-Clark readies asset sales to win EU approval for Kenvue deal, sources say

British hedge fund founder Odey loses appeal against industry ban

Hedge fund manager Crispin Odey has lost his appeal against an industry ban for obstructing an internal disciplinary investigation into allegations of sexual harassment. His £1.8 million fine was reduced, however.

MarketsCompanies & industryCrispin Odeyhedge fundsindustry bansexual harassment allegations

RReutersOriginal★★☆☆☆2026-09-14 13:25

British hedge fund founder Odey loses appeal against industry ban
British hedge fund founder Odey loses appeal against industry ban
  • Crispin Odey loses appeal against industry ban

    Crispin Odey has lost his appeal against an industry ban, dealing another setback to the hedge fund founder’s efforts to repair his reputation after allegations of sexual harassment and assault.

    Crispin Odeyfinancial regulationsexual misconduct allegations

    FFinancial Times★★☆☆☆2026-09-14 12:42Original

EXCLUSIVE: AirBaltic in talks with unions to cut workers amid restructuring, CEO says

AirBaltic is negotiating with labor unions on an “adjustment in the workforce,” CEO Erno Hilden told Reuters on Monday. The Latvian carrier had announced that it was voluntarily entering Chapter 11 bankruptcy proceedings as part of its restructuring.

Companies & industryAirBalticLatviajob cutsrestructuring

RReutersOriginal★★★☆☆2026-09-14 13:10

EXCLUSIVE: AirBaltic in talks with unions to cut workers amid restructuring, CEO says
EXCLUSIVE: AirBaltic in talks with unions to cut workers amid restructuring, CEO says

Chevron eyes Argentina, Mediterranean for global LNG growth, deal with India

Chevron is seeking to expand its global gas portfolio from Argentina to the Mediterranean to meet rising demand from buyers worried about energy security amid the Middle East crisis, said Global Gas President Freeman Shaheen.

Energy & commoditiesCompanies & industryChevronLNGArgentinaenergy security

RReutersOriginal★★☆☆☆2026-09-14 11:45

Chevron eyes Argentina, Mediterranean for global LNG growth, deal with India
Chevron eyes Argentina, Mediterranean for global LNG growth, deal with India

Hong Kong malls see ‘gradual recovery’ with new stores and events: Hang Lung CEO

Hang Lung Properties CEO Weber Lo Wai-pak says Hong Kong shopping centres are seeing a brighter outlook. The company’s malls grew in July, and a pipeline of new store openings could make the fourth quarter even stronger, while fresh shops and events may help offset locals’ preference for cross-border shopping.

Companies & industryReal EstateHong Kong mallsretailHang Lung Properties

SSouth China Morning PostOriginal★★☆☆☆2026-09-14 11:00

Hong Kong malls see ‘gradual recovery’ with new stores and events: Hang Lung CEO
Hong Kong malls see ‘gradual recovery’ with new stores and events: Hang Lung CEO

China’s inbound tourism revenue projected to reach US$470 billion by 2040: UBS

UBS forecasts China’s inbound tourism revenue will reach US$470 billion by 2040, more than doubling its current economic share and helping offset weak domestic demand. The Swiss bank estimates travel from outside mainland China will grow at an 8.9% compound annual rate from 2025 to reach 1.5% of GDP.

Banking & financeCompanies & industryChina inbound tourismtourism revenueUBS

SSouth China Morning PostOriginal★★★☆☆2026-09-14 11:00

China’s inbound tourism revenue projected to reach US$470 billion by 2040: UBS
China’s inbound tourism revenue projected to reach US$470 billion by 2040: UBS

TechAI Leaders Call for a Slowdown as Trump Team Says It’s Their Responsibility

Sam Altman and Elon Musk endorsed calls for restraint over the weekend after Dario Amodei urged Washington to slow AI development. Donald Trump, meanwhile, wants the United States to preserve its lead over China.

artificial intelligenceAI policySam AltmanElon Musk

WWIREDOriginal★★★☆☆2026-09-14 11:00

AI Leaders Call for a Slowdown as Trump Team Says It’s Their Responsibility
AI Leaders Call for a Slowdown as Trump Team Says It’s Their Responsibility

Another public company exits Bitcoin treasury after selling final 764 BTC

Battery technology company KULR Technology Group sold its remaining 764 Bitcoin for about $58.6 million between Aug. 20 and Sept. 11, according to a regulatory filing. The sales reduced its holdings to zero as the company redirected capital toward its core energy business after repaying debt and ending its mining operation.

CryptoCompanies & industryKULR Technology GroupBitcoincryptocorporate finance

CCryptoSlateOriginal★★☆☆☆2026-09-14 10:50

Another public company exits Bitcoin treasury after selling final 764 BTC
Another public company exits Bitcoin treasury after selling final 764 BTC

Clarity Act faces make-or-break Senate vote Tuesday as crypto industry pushes bill

A Senate vote scheduled for Tuesday by Majority Leader John Thune, R-S.D., is being framed as a decisive moment for the Clarity Act crypto bill, with the cryptocurrency industry pressing for its passage.

CryptoCompanies & industryCryptocurrencyU.S. SenateClarity Act

CCNBCOriginal★★★☆☆2026-09-14 10:30

Clarity Act faces make-or-break Senate vote Tuesday as crypto industry pushes bill
Clarity Act faces make-or-break Senate vote Tuesday as crypto industry pushes bill
  • Bernstein sees more CLARITY Act progress than markets expected
    Bernstein sees more CLARITY Act progress than markets expected

    Bernstein analysts said progress on the CLARITY Act could exceed market expectations, arguing that any positive surprise is not yet priced in. They said crypto markets currently have a bearish bias ahead of Tuesday’s cloture vote and Wednesday’s Federal Reserve decision.

    CLARITY Actcrypto marketsSenate voteFederal Reserve

    TThe Block★★☆☆☆2026-09-14 09:36Original
  • Trump concession lifts CLARITY Act odds above 32% ahead of pivotal Senate vote
    Trump concession lifts CLARITY Act odds above 32% ahead of pivotal Senate vote

    Polymarket traders raised the chance that the CLARITY Act becomes law in 2026 above 32% after Senate Republicans released a 635-page compromise draft. The bill includes ethics restrictions for officials with major crypto interests, a stablecoin circuit breaker and narrowed developer protections. Senators are due to hold a 60-vote cloture test on Tuesday.

    crypto regulationU.S. SenateDonald Trumpfinancial ethics

    CCryptoSlate★★★☆☆2026-09-14 08:34Original

TD Cowen sees 90% upside for bitcoin treasury firm Smarter Web after proposed MORE preferred IPO

TD Cowen raised its price target for Smarter Web after the company proposed a MORE preferred IPO, pointing to expanded funding options and greater capital efficiency. The bank sees 90% potential upside for the bitcoin treasury firm.

MarketsCryptoCompanies & industryBitcoinSmarter WebIPOCapital markets

TThe BlockOriginal★★☆☆☆2026-09-14 09:29

TD Cowen sees 90% upside for bitcoin treasury firm Smarter Web after proposed MORE preferred IPO
TD Cowen sees 90% upside for bitcoin treasury firm Smarter Web after proposed MORE preferred IPO

South Korean investors push for fourth crypto tax delay as regulators stand firm

A South Korean petition calling for a delay to the planned digital asset gains tax has reached the 50,000-signature threshold, prompting investors to seek a fourth postponement while regulators maintain their position.

Macro & central banksMarketsCryptoBanking & financeCompanies & industrySouth Koreacrypto taxdigital assetsregulation

TThe BlockOriginal★★☆☆☆2026-09-14 08:31

South Korean investors push for fourth crypto tax delay as regulators stand firm
South Korean investors push for fourth crypto tax delay as regulators stand firm

SG Fleet, ORIX and Sumitomo raise bids for Australia's FleetPartners

Australia’s FleetPartners said on Monday that it had received revised offers from SG Fleet, Japan’s ORIX and a consortium led by Sumitomo Corp. The proposals value the vehicle leasing company at up to A$982.1 million ($702.2 million).

Companies & industryFleetPartnersvehicle leasingtakeover bids

RReutersOriginal★★☆☆☆2026-09-14 07:50

SG Fleet, ORIX and Sumitomo raise bids for Australia's FleetPartners
SG Fleet, ORIX and Sumitomo raise bids for Australia's FleetPartners

BOJ executive urges vigilance over ‘non-linear’ inflation spikes

A Bank of Japan official said in conference notes released Monday that Japan had experienced inflation spikes driven by higher import costs and currency shocks, indicating that such price reactions should be considered in monetary policy decisions.

Macro & central banksCompanies & industryBank of Japaninflationmonetary policy

RReutersOriginal★★☆☆☆2026-09-14 07:25

BOJ executive urges vigilance over ‘non-linear’ inflation spikes
BOJ executive urges vigilance over ‘non-linear’ inflation spikes

Cosco Shipping arm prepares China IPO amid global shipbuilding boom

Cosco Shipping Heavy Industry, the shipbuilding and maintenance arm of state-owned China Cosco Shipping, has completed IPO guidance registration, clearing a step toward a domestic listing as it seeks to benefit from a global shipbuilding boom. The unit specialises in cargo and container vessels.

MarketsTrade & sanctionsCompanies & industryCosco Shipping Heavy IndustryIPOshipbuilding

SSouth China Morning PostOriginal★★☆☆☆2026-09-14 07:00

Cosco Shipping arm prepares China IPO amid global shipbuilding boom
Cosco Shipping arm prepares China IPO amid global shipbuilding boom

Asian Captive Conference 2026 Highlights Captive Insurance in Business Risk Management

The 8th Asian Captive Conference in Kuala Lumpur brought together more than 300 risk and industry professionals to examine how captive insurance can help businesses refine risk-management strategies in an uncertain, multifaceted operating environment. The event was co-organised by Labuan IBFC Incorporated.

Banking & financeCompanies & industrycaptive insurancerisk managementKuala Lumpur

SSouth China Morning PostOriginal★★☆☆☆2026-09-14 06:37

Asian Captive Conference 2026 Highlights Captive Insurance in Business Risk Management
Asian Captive Conference 2026 Highlights Captive Insurance in Business Risk Management

Cadbury cuts supply-chain lead time for key chocolate-bar ingredient by two months

Mondelez is expanding its chocolate manufacturing operations in Malaysia and sees additional room for growth across Southeast Asia. The move cut two months from the supply-chain lead time for a key ingredient used in a chocolate bar.

Companies & industryMondelezCadburyMalaysiachocolate manufacturing

CCNBCOriginal★★☆☆☆2026-09-14 04:25

Cadbury cuts supply-chain lead time for key chocolate-bar ingredient by two months
Cadbury cuts supply-chain lead time for key chocolate-bar ingredient by two months

Dell’s DFO Management leads planned $7.7 billion take-private deal for Baldwin Insurance, FT reports

Dell CEO Michael Dell’s DFO Management is leading a planned $7.7 billion transaction to take insurance brokerage The Baldwin Insurance Group private, the Financial Times reported on Sunday.

Banking & financeCompanies & industryMichael Delltake-private dealinsurance brokerage

RReutersOriginal★★☆☆☆2026-09-14 02:30

Dell’s DFO Management leads planned $7.7 billion take-private deal for Baldwin Insurance, FT reports
Dell’s DFO Management leads planned $7.7 billion take-private deal for Baldwin Insurance, FT reports

Qatar seeks to capture China’s growing Gulf logistics push as war disrupts trade routes

Qatar is intensifying efforts to attract Chinese companies as conflict involving Iran disrupts Gulf trade routes. The move adds urgency to Chinese businesses’ broader push to diversify supply chains and operate closer to customers. WareOne chief executive Sheikh Khalifa bin Salman Al Thani said supply-chain diversification was already advancing worldwide.

Trade & sanctionsCompanies & industryQatarChinese companiesGulf logisticsSupply-chain diversification

SSouth China Morning PostOriginal★★★☆☆2026-09-14 02:00

Qatar seeks to capture China’s growing Gulf logistics push as war disrupts trade routes
Qatar seeks to capture China’s growing Gulf logistics push as war disrupts trade routes

Michael Dell’s family office nears deal to take $4.1bn insurance broker private

Michael Dell’s family office, DFO Management, is in advanced talks with Baldwin Group on a deal valued at $4.1bn to take the insurance broker private. The historically fragmented industry is undergoing a wave of consolidation.

MarketsBanking & financeCompanies & industryMichael DellDFO ManagementBaldwin Groupinsurance brokerageconsolidation

FFinancial TimesOriginal★★☆☆☆2026-09-13 22:14

Michael Dell’s family office nears deal to take $4.1bn insurance broker private

Guyana’s oil boom and challenges

President Mohamed Irfaan Ali says Guyana’s oil revenues have risen sharply as the Iran conflict disrupts global energy supplies and lifts crude prices. While major discoveries have transformed the country, inflation and living costs remain high. Ali says his government is diversifying the economy to avoid dependence on oil wealth.

Energy & commoditiesCompanies & industryGuyanaoil revenueeconomic diversificationIran conflict

AAl JazeeraOriginal★★★☆☆2026-09-13 19:55

Guyana’s oil boom and challenges
Guyana’s oil boom and challenges

BRICS to lead in nuclear power generation, Rosatom CEO says

Rosatom CEO Alexey Likhachev said BRICS countries would eventually lead not only in energy production and consumption but also in nuclear power generation. He cited India’s forecast that energy use will rise 2.5-fold by 2050, with nuclear facilities totaling up to 100 GW to be built by 2047.

Macro & central banksEnergy & commoditiesTrade & sanctionsCompanies & industryBRICSnuclear powerenergy consumption

TTASSOriginal★★☆☆☆2026-09-13 18:13

BRICS to lead in nuclear power generation, Rosatom CEO says

RDIF CEO: US to be among first Western countries to restore economic ties with Russia

Kirill Dmitriev, CEO of the Russian Direct Investment Fund and Russia’s special envoy for investment and foreign economic cooperation, expects the United States to be among the first Western countries to resume economic relations with Russia. He said many other countries would quickly follow to avoid being left out of the process.

Macro & central banksMarketsCompanies & industryUnited StatesRussiaeconomic tiesinvestment

TTASSOriginal★★★☆☆2026-09-13 13:39

RDIF CEO: US to be among first Western countries to restore economic ties with Russia

Circle’s $400M Tazapay deal buys emerging-market links that take ‘years to build’

Circle’s $400 million deal for Tazapay is aimed at expanding USDC’s reach in emerging markets. One expert called those markets stablecoins’ “next battleground,” where rival Tether has long been strong.

MarketsCryptoCompanies & industryCircleTazapaystablecoinsemerging markets

CCoinDeskOriginal★★☆☆☆2026-09-13 13:00

Circle’s $400M Tazapay deal buys emerging-market links that take ‘years to build’
Circle’s $400M Tazapay deal buys emerging-market links that take ‘years to build’

UK company sells entire Bitcoin reserve to return proceeds to shareholders

Satsuma Technology said the UK High Court approved the cancellation of more than 11.2 billion B shares, finalizing the condition for a £30,718,881 return to eligible shareholders. The company had sold all 669.4867 BTC. Holders are due £0.002734 per B share, with payment expected by Sept. 28, while delisting milestones remain on the announced timetable.

CryptoCompanies & industrySatsuma TechnologyBitcoinshareholder returnUK High Court

CCryptoSlateOriginal★★☆☆☆2026-09-13 12:50

UK company sells entire Bitcoin reserve to return proceeds to shareholders
UK company sells entire Bitcoin reserve to return proceeds to shareholders

GE HealthCare in talks over $1bn acquisition of cancer scan chemical maker

GE HealthCare is negotiating a roughly $1bn deal to acquire Sofie Biosciences, a producer of chemicals used in cancer scans. The transaction would be the medical imaging specialist’s second major purchase since separating from General Electric.

Companies & industryGE HealthCareSofie Biosciencesmedical imagingacquisition

FFinancial TimesOriginal★★☆☆☆2026-09-13 10:00

GE HealthCare in talks over $1bn acquisition of cancer scan chemical maker

Why Chinese shoppers are ditching supermarkets for small ‘community stores’

Small community stores in Guangzhou are attracting shoppers by offering lower prices than traditional supermarkets and a wider grocery selection than convenience stores such as 7-Eleven. Cindy Wang often stops at one after work, buying milk for 7 yuan, beer for 2.5 yuan and mangoes at 10 yuan per kilogram.

Companies & industrycommunity storesretailChinese consumers

SSouth China Morning PostOriginal★★☆☆☆2026-09-13 08:00

Why Chinese shoppers are ditching supermarkets for small ‘community stores’
Why Chinese shoppers are ditching supermarkets for small ‘community stores’

With millions of dead oysters and mounting debt, P.E.I. farmers fear they'll lose everything

Disease has devastated Prince Edward Island’s oyster industry, wiping out entire crops. Farmers say they need more assistance to survive the crisis and fear larger corporations with deeper pockets could acquire their independent operations.

Macro & central banksCompanies & industryPrince Edward Islandoyster industrydiseasefarm debt

CCBC NewsOriginal★★☆☆☆2026-09-13 08:00

With millions of dead oysters and mounting debt, P.E.I. farmers fear they'll lose everything

Larry Ellison cancels plan to sell Oracle stock

Oracle said on Saturday that Executive Chairman Larry Ellison had canceled plans to sell 50 million shares of the company’s stock.

MarketsCompanies & industryOracleLarry Ellisonstock sale

RReutersOriginal★★☆☆☆2026-09-12 20:25

Larry Ellison cancels plan to sell Oracle stock
Larry Ellison cancels plan to sell Oracle stock

Iran Conflict Drives Up Energy, Shipping and Material Costs, Hitting Clothing Consumers Next

The conflict in Iran is pushing up energy, shipping and material costs, with El Niño making conditions worse. Retail clothing consumers are now poised to feel the impact.

Energy & commoditiesTrade & sanctionsCompanies & industryIran conflictenergy costsshipping costsclothing retail

BBloomberg NewsOriginal★★★☆☆2026-09-12 17:30

Iran Conflict Drives Up Energy, Shipping and Material Costs, Hitting Clothing Consumers Next

Venue for Russia-US-Germany business forum to be chosen by year-end — envoy

The venue for a Russia-US-Germany business forum will be selected by the end of the year, Russian envoy Kirill Dmitriev said. It may be held in a neutral country in or near the Middle East, with the forum focused on reviving joint business projects and protecting future business dialogue from political disruption. Dmitriev said the initiative has strong support from Germany and the United States.

MarketsCompanies & industryRussia-US-Germany foruminvestment cooperationMiddle East

TTASSOriginal★★★☆☆2026-09-12 16:43

Venue for Russia-US-Germany business forum to be chosen by year-end — envoy
  • Applications flood in for 2027 Russia-US-Germany business forum, envoy says

    More than 20 German companies have already applied to attend a planned Russia-US-Germany business forum in 2027, Russian envoy Kirill Dmitriev says. He says Germany’s Alternative for Germany party and the US Chamber of Commerce have backed the event, which he argues will show how business dialogue can overcome barriers promoted by “globalists, failed liberals, and leftist forces” in Europe.

    Russia-US-Germany forumbusiness dialogueGerman companies

    TTASS★★★☆☆2026-09-12 16:41Original

Ripple stablecoin chief sees $13 trillion corporate treasury opportunity for RLUSD

Payments and capital markets are driving growth for Ripple’s $2.4 billion digital dollar, RLUSD. Jack McDonald said the company is looking to bring the stablecoin to Europe under MiCA and sees a $13 trillion opportunity in corporate treasuries.

CryptoCompanies & industryRippleRLUSDstablecoinsMiCA

CCoinDeskOriginal★★☆☆☆2026-09-12 16:00

Ripple stablecoin chief sees $13 trillion corporate treasury opportunity for RLUSD
Ripple stablecoin chief sees $13 trillion corporate treasury opportunity for RLUSD

Healthcare Costs Have Small Businesses in an Impossible Bind

The healthcare affordability crisis is squeezing everyone, but it has become especially severe for small businesses. Repeated surveys show employers expect healthcare costs to increase by nearly 10% on average in 2027, with small firms potentially facing twice that rise.

Companies & industrysmall businesseshealthcare costsaffordability crisis

BBloomberg NewsOriginal★★☆☆☆2026-09-12 15:30

Healthcare Costs Have Small Businesses in an Impossible Bind
Healthcare Costs Have Small Businesses in an Impossible Bind

Putin says BRICS business circles are interested in deepening cooperation

Russian President Vladimir Putin said business circles are showing strong interest in deepening economic cooperation among BRICS countries. He said members of the BRICS Business Council had offered initiatives to expand practical cooperation, with ambitious multilateral projects taking shape.

Macro & central banksTrade & sanctionsCryptoCompanies & industryBRICSeconomic cooperationmultilateral projects

TTASSOriginal★★★☆☆2026-09-12 14:10

Putin says BRICS business circles are interested in deepening cooperation

Rwanda inaugurates first steel processing plant

Rwanda has inaugurated its first steel manufacturing plant, aiming to increase local production and cut steel imports. Prime Minister Justin Nsengiyumva opened A1 Iron and Steel Rwanda Ltd. in Musanze District. The factory produces construction materials including bars, nails, barbed wire and pipes, with an annual processing capacity of about 250,000 tonnes and plans for roughly 1,000 direct and 2,500 indirect jobs.

Companies & industryRwandasteel manufacturingindustrial development

CCGTNOriginal★★★☆☆2026-09-12 10:12

Rwanda inaugurates first steel processing plant
Rwanda inaugurates first steel processing plant

How Chinese companies going global benefit the world market

The 2026 China International Fair for Trade in Services is being held in Beijing, drawing participants from 90 countries, regions and international organizations. More than 1,800 companies are exhibiting on-site, with this year's event focusing on services that help businesses expand overseas.

Trade & sanctionsCompanies & industryChinese companiesglobal markettrade in services

CCGTNOriginal★★☆☆☆2026-09-12 09:26

How Chinese companies going global benefit the world market
How Chinese companies going global benefit the world market

Ramaphosa urges BRICS to boost Global South self-reliance

South African President Cyril Ramaphosa called on BRICS to increase investment in manufacturing and value addition, urging developing economies to move beyond supplying raw commodities. He said expanded BRICS cooperation could help the Global South build a more resilient, diversified and inclusive economy through stronger industrial, energy, infrastructure and logistics partnerships.

Macro & central banksTrade & sanctionsCompanies & industryBRICSGlobal Southmanufacturingeconomic cooperation

CCGTNOriginal★★★★☆2026-09-12 08:24

Ramaphosa urges BRICS to boost Global South self-reliance
Ramaphosa urges BRICS to boost Global South self-reliance

Industry initiative seeks greater financing for mineral exploration

Chinese authorities are urging stronger financial backing for mineral exploration to expand domestic reserves of strategic resources. A joint initiative encourages banks to offer mining-rights-backed loans, dedicated exploration credit and green-mine financing, while calling for closer cooperation among geological organizations, mining companies, financial institutions and industry associations.

Companies & industryChinamineral explorationfinancing

CCGTNOriginal★★★☆☆2026-09-12 05:22

Industry initiative seeks greater financing for mineral exploration
Industry initiative seeks greater financing for mineral exploration

Metaplanet CEO gives up $220 million in stock rights to rebuild investor trust

Tokyo-listed bitcoin treasury company Metaplanet has reset its Series 10 stock acquisition rights, eliminating more than $220 million in warrant value and 131.3 million potential shares. CEO Simon Gerovich said fundraising after September 2025 became less accretive to bitcoin per share, prompting the company to better align executive compensation with existing shareholders.

MarketsCryptoCompanies & industryMetaplanetBitcoinstock rightsinvestors

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

Metaplanet CEO gives up $220 million in stock rights to rebuild investor trust
Metaplanet CEO gives up $220 million in stock rights to rebuild investor trust

Taobao’s ‘ugly’ goods find a growing market among China’s young consumers

Products seen as “ugly” or “bizarre” have gone viral in China, where millions of young consumers are drawn to their quirky humour and distinctive character. Taobao, Alibaba Group Holding’s e-commerce platform, said sales of such goods have topped 230 million yuan (US$34.3 million) since it introduced its Uglies Award in 2020, without defining precisely what qualifies as “ugly”.

Companies & industryTaobaoe-commerceyoung consumersconsumer trends

SSouth China Morning PostOriginal★★☆☆☆2026-09-12 01:00

Taobao’s ‘ugly’ goods find a growing market among China’s young consumers
Taobao’s ‘ugly’ goods find a growing market among China’s young consumers

Coinbase CEO sees Bitcoin reaching $400,000, but says it must first clear $81,000

Coinbase CEO Brian Armstrong said Bitcoin’s bottom for the current cycle is likely in and called $400,000 by 2030 a reasonable personal target, not a company forecast. With Bitcoin near $77,000, the market still needs to break above roughly $81,000, its 50-week moving average, for a historically stronger recovery signal.

CryptoCompanies & industryBitcoinCoinbasecryptocurrencyprice outlook

CCryptoSlateOriginal★★☆☆☆2026-09-11 21:20

Coinbase CEO sees Bitcoin reaching $400,000, but says it must first clear $81,000
Coinbase CEO sees Bitcoin reaching $400,000, but says it must first clear $81,000

India’s central bank opts for sharp liquidity drain through $10.5 billion debt sale

India’s central bank announced a $10.5 billion open-market bond sale on Friday, choosing one of its most powerful tools for draining liquidity. The move came hours after its chief said in a media interview that all options remained available.

Macro & central banksMarketsCompanies & industryIndia central bankliquiditybond sale

RReutersOriginal★★★☆☆2026-09-11 17:50

India’s central bank opts for sharp liquidity drain through $10.5 billion debt sale
India’s central bank opts for sharp liquidity drain through $10.5 billion debt sale