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US crypto bill stumble sparks call for Hong Kong to seize ‘critical strategic window’

The US Senate’s rejection of the Clarity Act, a landmark proposal to regulate cryptocurrency market structure, has prompted industry calls for Hong Kong to accelerate its digital-asset ambitions. The sector remains in a slump after a brief rally, while mainland China’s crypto ban stays in force and Hong Kong has approval to develop as a digital-asset hub.

Markets CryptocryptocurrencyHong KongUS Senatedigital assets

SSouth China Morning PostOriginal★★☆☆☆2026-09-16 08:00

US crypto bill stumble sparks call for Hong Kong to seize ‘critical strategic window’

Is Donald ‘drill, baby, drill’ Trump helping the world transition away from oil?

Donald Trump campaigned for the U.S. presidency in 2024 on a promise to do almost anything for the oil industry, summed up by his slogan, “Drill, baby, drill.” Yet many of his forceful actions since returning to office have worked in the opposite direction.

Energy & commodities Companies & industryDonald Trumpoil industryenergy transition

CCBC NewsOriginal★★☆☆☆2026-09-16 08:00

Is Donald ‘drill, baby, drill’ Trump helping the world transition away from oil?

TechHow many records can one canal break?

China’s Pinglu Canal opened to navigation on September 16 with multiple national and world records. Located in Guangxi, it links southwest China to the sea, accommodates vessels of up to 5,000 tonnes, shortens inland shipping routes and includes the world’s highest and largest inland water-saving ship locks.

Pinglu CanalGuangxitransport infrastructureworld records

CCGTNOriginal★★★☆☆2026-09-16 07:46

How many records can one canal break?

China opens Pinglu Canal, shortening route to ASEAN markets
China opened the 134.2-kilometer Pinglu Canal on Wednesday. As a major part of the New International Land-Sea Trade Corridor, it offers inland Chinese regions a more direct route to the sea and onward to ASEAN markets.
ChinaPinglu CanalASEAN markets
CCGTN★★★☆☆2026-09-16 07:42Original
China opens Pinglu Canal, a trade shortcut to Southeast Asia
China opened the Pinglu Canal on Wednesday, creating a shorter route from its landlocked southwest to the coast and overseas markets, especially ASEAN, its largest trading partner. The 134.2-kilometer canal cost 72.7 billion yuan and links Nanning with the Beibu Gulf.
Pinglu CanalASEAN tradeGuangxiinfrastructure
CChina News Service★★★☆☆2026-09-16 05:54Original
From rivers to the sea: China builds Pinglu Canal in four years
China’s Pinglu Canal in Guangxi is scheduled to open to navigation on September 16. The project will link inland waterways with the Beibu Gulf and expand the country’s inland shipping network. Construction began in August 2022, major works were completed in May 2026, and project acceptance finished in August.
Pinglu CanalGuangxiinland shippinginfrastructure
CCGTN★★★☆☆2026-09-16 04:09Original
Pinglu Canal: Engineering a new waterway to the sea
China’s 134.2-kilometer Pinglu Canal officially opened to navigation on Wednesday, linking the Xijiang River shipping network with the Beibu Gulf. Built at a cost of 72.7 billion yuan, it can handle vessels of up to 5,000 tonnes and is expected to cut the route from southwest China to the sea by about 560 kilometers. Mangrove restoration, a fish passage and a wildlife overpass were incorporated into the project.
Pinglu CanalGuangxiinland shippingecological protection
CCGTN★★★☆☆2026-09-16 04:09Original
Major river-to-sea project: China's Pinglu Canal opens for navigation
China’s Pinglu Canal in Guangxi officially opened to commercial navigation on Wednesday. The 134.2-kilometer waterway links the Xijiang River corridor with the Beibu Gulf, shortening shipping routes from southwestern China to the sea by more than 560 kilometers and creating a more direct gateway to ASEAN. Fish passages and a wildlife bridge were built along the canal, while more than 98% of excavated material was reused.
Pinglu CanalGuangxiChina-ASEAN tradeenvironmental protection
CCGTN★★★☆☆2026-09-16 02:26Original

A $100 million crypto ETF launch does not prove it has real investors

A crypto ETF can begin trading with substantial assets supplied through sponsor or affiliate seed capital, so a $100 million launch benchmark is easy to mistake for evidence of outside demand. Examples involving TKNZ, FSOL, SOEZ and BWOW show how seed funding, creations and redemptions, secondary trading and crypto prices can produce very different readings of launch size and later assets.

Markets Cryptocrypto ETFsseed capitalassets under managementinvestor demand

CCryptoSlateOriginal★★☆☆☆2026-09-16 07:40

A $100 million crypto ETF launch does not prove it has real investors

Tesla revives China discounts; Iran war drives shift to electric cars: 7 EV reads

Tesla China has brought back discounts on Shanghai-made vehicles for the first time since the end of 2024, seeking to counter declining deliveries in the world’s largest electric-vehicle market. The roundup features seven EV and new-energy-vehicle stories published over the past two weeks.

Companies & industryTeslaChina EVsauto market

SSouth China Morning PostOriginal★★☆☆☆2026-09-16 07:30

Tesla revives China discounts; Iran war drives shift to electric cars: 7 EV reads

UK inflation reaches 3.1%, but data offers some relief for BoE

Official figures showed British inflation accelerated to a five-month high of 3.1% in August. Measures that exclude sharply rising energy prices remained stable, ahead of expectations that the Bank of England will leave interest rates unchanged the next day.

Macro & central banks Energy & commoditiesUK inflationenergy pricesBank of England

RReutersOriginal★★★☆☆2026-09-16 07:25

UK inflation reaches 3.1%, but data offers some relief for BoE

UK inflation jumps to 3.1% as energy costs soar
UK inflation has risen to 3.1% as energy costs soar. The reading comes only hours before the Bank of England is due to update its monetary policy.
UK inflationenergy costsBank of England
CCNBC★★★☆☆2026-09-16 06:18Original

China-ASEAN cooperation gains momentum through shared opportunities

China-ASEAN economic ties are deepening, with Guangxi's imports from ASEAN reaching 62.84 billion yuan in the first seven months of 2026, up 19 percent year on year. Cooperation is also expanding across investment, infrastructure, people-to-people exchanges and supply chains. The upcoming China-ASEAN Expo will spotlight AI, innovation and ASEAN market needs.

Trade & sanctions Tech & AIChina-ASEANtradeGuangxiartificial intelligence

CCGTNOriginal★★★★☆2026-09-16 07:15

China-ASEAN cooperation gains momentum through shared opportunities

State-Backed China Water Environment Defaults on Offshore Loan

China Water Environment Group, one of the country’s largest sewage-treatment companies, recently failed to repay an offshore loan, according to people familiar with the matter. It is the latest state-backed company to default.

Macro & central banks Banking & financeChina economydebt defaultsewage treatment

BBloomberg NewsOriginal★★★☆☆2026-09-16 07:00

State-Backed China Water Environment Defaults on Offshore Loan

MOEX Index rises as main trading session opens

Russia’s MOEX and RTS indexes gained 0.29% at the opening of Wednesday’s main trading session, reaching 2,343.92 and 876.56 points. By 9:23 a.m. Moscow time, MOEX had slipped 0.02% and RTS was down 0.02%, while the yuan stood at 12.562 rubles.

MarketsMoscow Exchangestock indexesruble

TTASSOriginal★★☆☆☆2026-09-16 06:55

MOEX Index rises as main trading session opens

China’s Zhang Yiming becomes Asia’s richest person for the first time

China’s Zhang Yiming has become Asia’s richest person for the first time, overtaking India’s Gautam Adani and marking a comeback for the TikTok developer.

OtherZhang YimingAsia’s richestTikTok

BBloomberg NewsOriginal★★★☆☆2026-09-16 06:45

China’s Zhang Yiming becomes Asia’s richest person for the first time

Fed meeting is shaping up to be a nightmare for Warsh. Bitcoin might still shine

Aggressive market expectations and the Fed’s strict reluctance to offer forward guidance have left Chair Warsh cornered. Failing to deliver a hawkish message could damage the central bank’s credibility in fighting inflation, while Bitcoin may still perform strongly.

Macro & central banks CryptoFederal ReserveKevin WarshBitcoininflation

CCoinDeskOriginal★★☆☆☆2026-09-16 06:42

Fed meeting is shaping up to be a nightmare for Warsh. Bitcoin might still shine

Brazil’s B3 gets DIGY11, a new ETF tracking Bitcoin treasury preferred stock

OranjeBTC’s DIGY11 is now listed on Brazil’s B3, giving investors exposure to preferred shares issued by companies with substantial Bitcoin holdings without directly buying Bitcoin. The fund is not a spot Bitcoin ETF; its portfolio is led by Strategy’s STRC and includes Strive’s SATA, with a Brazilian real hedge. Returns and distributions are not guaranteed.

Markets CryptoDIGY11BitcoinETFBrazil B3

CCryptoSlateOriginal★★☆☆☆2026-09-16 06:30

Brazil’s B3 gets DIGY11, a new ETF tracking Bitcoin treasury preferred stock

US and China Discuss Cutting Some Tariffs Ahead of Leaders’ Summit

The outlook for extending the US-China trade truce is improving as both sides consider reducing tariffs on goods such as American energy and agricultural products before next week’s leaders’ summit.

Trade & sanctionsUS-China relationstariffstrade trucesummit

BBloomberg NewsOriginal★★★★☆2026-09-16 06:00

US and China Discuss Cutting Some Tariffs Ahead of Leaders’ Summit

Hong Kong rated Asia’s top financial hub for fourth straight year: report

Hong Kong retained its position as Asia’s leading financial centre for a fourth consecutive edition of the Global Financial Centres Index. It ranked third worldwide with a score of 756, one point behind London, as geopolitical pressures slightly weakened scores across many major centres.

Banking & financeHong Kongfinancial centresGFCI

SSouth China Morning PostOriginal★★★☆☆2026-09-16 06:00

Hong Kong rated Asia’s top financial hub for fourth straight year: report

‘China Services’ emerges as new calling card of high-standard opening up: FM spokesperson

Foreign Ministry spokesperson Guo Jiakun said “China Services” is becoming a new calling card for China’s high-standard opening up. The 2026 CIFTIS in Beijing drew more than 1,830 offline and 5,300 online exhibitors, produced over 1,200 outcomes, and showcased technologies and solutions in fields including IT, fintech and digital healthcare.

OtherChina Servicesopening upCIFTISinternational cooperation

CChina News ServiceOriginal★★★☆☆2026-09-16 05:58

‘China Services’ emerges as new calling card of high-standard opening up: FM spokesperson

Bond yields are spiking, oil is up — but investors aren’t giving up on stocks

Rising Treasury yields, geopolitical risks and new concerns about AI safety are pressuring markets. Even so, many investors remain bullish on AI spending and corporate earnings.

Markets Energy & commodities Tech & AITreasury yieldsoil pricesAI safetystocks

CCNBCOriginal★★☆☆☆2026-09-16 05:51

Bond yields are spiking, oil is up — but investors aren’t giving up on stocks

AI boom creates new class of billionaires and enriches ‘picks and shovels’ sellers

The artificial intelligence boom is creating a new group of billionaires while enriching companies that sell the tools and infrastructure supporting the industry.

Companies & industry Tech & AIartificial intelligencebillionairestechnology industry

BBloomberg NewsOriginal★★☆☆☆2026-09-16 05:45

AI boom creates new class of billionaires and enriches ‘picks and shovels’ sellers

Fed expected to raise rates despite Trump’s calls for a cut

The Federal Reserve is widely expected to raise borrowing costs for the first time in three years, despite Donald Trump’s calls for a cut. Persistent inflation is testing Chair Kevin Warsh’s commitment to price stability.

Macro & central banksFederal Reserveinterest ratesinflationDonald Trump

EeuronewsOriginal★★★★☆2026-09-16 05:40

Fed expected to raise rates despite Trump’s calls for a cut

Fed Seen Hiking Rates in Defiance of Trump: Decision-Day Guide
The Federal Reserve is expected to raise interest rates on Wednesday for the first time since 2023. Policymakers have grown less confident that inflation will cool enough without at least some push from the central bank.
Federal Reserveinterest ratesinflationDonald Trump
BBloomberg News★★★★☆2026-09-16 03:15Original

Slower loan growth is becoming China’s new normal, central bank governor says

China’s central bank governor, Pan Gongsheng, said slower loan growth is becoming the new normal as contraction in the property and local-government sectors weakens credit demand faster than emerging industries can make up the shortfall.

Macro & central banks Banking & finance Real EstateChina economyloan growthproperty sectorPan Gongsheng

RReutersOriginal★★★★☆2026-09-16 05:35

Slower loan growth is becoming China’s new normal, central bank governor says

AI debt vs Treasuries

AI debt and Treasuries are, at best, imperfect substitutes.

Macro & central banks Markets Tech & AIAIdebtTreasuries

FFinancial TimesOriginal★★☆☆☆2026-09-16 05:30

AI debt vs Treasuries

What is the Pinglu Canal, China’s new gateway to Southeast Asia?

China is opening the 134km Pinglu Canal in Guangxi, linking the Xijiang River with the Beibu Gulf. The waterway is designed to shorten shipping routes from southwest China to Southeast Asia by about 560km, lower logistics costs and stimulate trade and industry along the corridor.

Trade & sanctionsPinglu CanalChina tradeSoutheast AsiaGuangxi

AAl JazeeraOriginal★★★★☆2026-09-16 05:24

What is the Pinglu Canal, China’s new gateway to Southeast Asia?

China’s railway fixed-asset investment rises 1.5% to $76.3 billion in Jan-Aug

China’s railway fixed-asset investment totaled 511.8 billion yuan ($76.3 billion) in the first eight months of 2026, up 1.5% year on year, China State Railway Group said. Major projects also progressed, including the August opening of the Wenling-Yuhuan section of the Hangzhou-Taizhou High-Speed Railway, cutting the fastest trip to 1 hour and 47 minutes.

Macro & central banks MarketsChina railwaysfixed-asset investmenthigh-speed rail

CChina News ServiceOriginal★★★☆☆2026-09-16 05:16

China’s railway fixed-asset investment rises 1.5% to $76.3 billion in Jan-Aug

Why is European money financing the American AI boom?

Eurozone households have invested hundreds of billions of euros in US technology. Analysts say Europe has the money and promising companies, but too few of them are accessible investments for ordinary savers.

Markets Tech & AIEurozoneUS technologyartificial intelligenceinvestment

EeuronewsOriginal★★★☆☆2026-09-16 05:11

Why is European money financing the American AI boom?

Nissan to build new hybrid SUV for Europe at UK plant

Japanese automaker Nissan said on Wednesday that it will produce a new small hybrid SUV for the European market at its Sunderland plant in the UK. The company plans to invest £170 million ($229 million) to assemble the vehicle there.

Companies & industryNissanUK auto manufacturinghybrid vehicles

RReutersOriginal★★☆☆☆2026-09-16 05:10

Nissan to build new hybrid SUV for Europe at UK plant

Japan August imports jump as oil prices lift costs, exports stay firm

Japan recorded its biggest rise in imports in nearly four years in August as higher oil prices increased energy costs. Exports grew for a 12th straight month, supported by resilient demand related to semiconductors, government data showed Wednesday.

Macro & central banks Energy & commodities Trade & sanctions Companies & industryJapan economytradeimportsexports

RReutersOriginal★★★☆☆2026-09-16 05:05

Japan August imports jump as oil prices lift costs, exports stay firm

Treasury yields reaching 5% may not break markets yet, but the clock is ticking

The 10-year Treasury yield has climbed to its highest level since 2007, driving borrowing costs further into territory that could expose some of the financial system’s weakest links.

MarketsTreasury yieldsborrowing costsfinancial markets

CCNBCOriginal★★★☆☆2026-09-16 05:04

Treasury yields reaching 5% may not break markets yet, but the clock is ticking

The BoE’s three balance sheet problem

The Bank of England faces three balance sheet problems involving its Issue Department.

Macro & central banksBank of Englandbalance sheetmonetary policy

FFinancial TimesOriginal★★☆☆☆2026-09-16 05:00

The BoE’s three balance sheet problem

World’s Best-Performing Sovereign Wealth Fund Expects Equities Pullback

New Zealand’s superannuation fund grew 14% despite being underweight on US technology stocks, but it expects equities to pull back.

Marketssovereign wealth fundsequitiesNew Zealand

FFinancial TimesOriginal★★☆☆☆2026-09-16 04:55

World’s Best-Performing Sovereign Wealth Fund Expects Equities Pullback

Investors brace for ‘super-central-bank week’ as US rate hike looks certain

With a 25-basis-point Federal Reserve rate increase at Thursday’s meeting now seen as 92% likely, investors are weighing whether it would be a one-off move or the start of a new tightening cycle. They are also preparing for a highly likely increase in Japanese borrowing costs that could jolt capital flows.

Macro & central banks Markets Banking & financeFederal ReserveBank of Japaninterest ratescapital flows

SSouth China Morning PostOriginal★★★★☆2026-09-16 04:48

Investors brace for ‘super-central-bank week’ as US rate hike looks certain

Gold rises as Fed rate decision takes center stage

Gold prices edged higher on Wednesday as oil prices eased and markets turned their attention to the U.S. Federal Reserve’s policy decision. A rate hike was largely priced in.

Macro & central banks Energy & commoditiesgoldFederal Reserveinterest ratesmarkets

RReutersOriginal★★☆☆☆2026-09-16 04:40

Gold rises as Fed rate decision takes center stage

Oil falls as U.S. crude inventories reportedly rise and traders weigh Saudi pipeline closure

Oil prices fell Wednesday after an unexpected reported rise in U.S. crude inventories outweighed concerns about supply disruptions following an Iran-backed attack on Saudi Arabia’s East-West pipeline and its closure.

Energy & commoditiesoil pricesU.S. crude inventoriesSaudi ArabiaIran

CCNBCOriginal★★★★☆2026-09-16 04:14

Oil falls as U.S. crude inventories reportedly rise and traders weigh Saudi pipeline closure

EXCLUSIVE: Malaysia talks to rival airlines as it monitors AirAsia’s financial health, sources say

Malaysia’s government has asked Malaysia Airlines and Batik Air whether they could take on AirAsia’s share of the domestic market, according to two people familiar with the matter. They described the discussions as scenario planning while authorities monitor the financial health of Southeast Asia’s largest low-cost carrier.

Companies & industryAirAsiaMalaysia AirlinesBatik Airaviation

RReutersOriginal★★★☆☆2026-09-16 04:10

EXCLUSIVE: Malaysia talks to rival airlines as it monitors AirAsia’s financial health, sources say

$570 million in crypto longs wiped out as Clarity Act fails

Crypto long positions worth $570 million were liquidated after the Clarity Act failed. Bullish futures bets worth millions of dollars were wiped out over 24 hours, with bitcoin and ether longs suffering the largest losses.

CryptocryptocurrencybitcoinetherClarity Act

CCoinDeskOriginal★★☆☆☆2026-09-16 04:07

$570 million in crypto longs wiped out as Clarity Act fails

XRP sinks 10% as Clarity Act fails and bitcoin slides toward $76,000
A 49-50 procedural vote in the Senate left the crypto market structure bill 11 votes short of the threshold needed to advance. The setback sent every major token lower, with bitcoin moving toward $76,000 and XRP falling 10%.
cryptocurrencyXRPbitcoinUS Senate
CCoinDesk★★☆☆☆2026-09-16 03:37Original
‘Nothing truly structural’: Analysts downplay Clarity Act defeat as bitcoin, major crypto stocks dip
Analysts told The Block that the defeat of the Clarity Act is not a truly structural setback for crypto. They said the market will continue to move with interest rates and the broader monetary environment, as bitcoin and major crypto stocks dipped.
crypto marketbitcoininterest ratesClarity Act
TThe Block★★☆☆☆2026-09-16 02:48Original

Where Europe spends its money: Public spending across the continent

European governments devote the largest share of their budgets to social protection, while the second-largest spending category differs from country to country. Euronews Business examines how public money is allocated to government services.

OtherEuropepublic spendingsocial protection

EeuronewsOriginal★★☆☆☆2026-09-16 04:02

Where Europe spends its money: Public spending across the continent

Sullivan & Cromwell discovers private equity

Law firm Sullivan & Cromwell has hired a team of lawyers from rival Kirkland & Ellis as it seeks to build a private equity practice in the US.

Markets Companies & industrySullivan & Cromwellprivate equitylaw firms

FFinancial TimesOriginal★★☆☆☆2026-09-16 04:00

Sullivan & Cromwell discovers private equity

Germany Leads Last-Minute Push to Avoid EU Carbon Market Glut

Germany is pushing to reduce the risk of excess permits in the European Union’s carbon market while scaling back supply-control concessions offered by the bloc’s executive to ease industry fears about excessive price swings.

Energy & commoditiesGermanyEuropean Unioncarbon marketemissions permits

BBloomberg NewsOriginal★★★★☆2026-09-16 04:00

Germany Leads Last-Minute Push to Avoid EU Carbon Market Glut

Odey judgment is lesson for firms over ethical failings, FCA warns

The Financial Conduct Authority says the judgment involving Odey should serve as a lesson for firms on ethical failings. The watchdog has introduced stricter rules to ensure people can speak up and remain protected from misconduct.

Banking & finance Companies & industryfinancial regulationcorporate governanceethical misconduct

FFinancial TimesOriginal★★★☆☆2026-09-16 04:00

Odey judgment is lesson for firms over ethical failings, FCA warns

A hotter planet meets dearer money

Rising borrowing costs mean developing economies will need new financing instruments to deal with climate change.

Macro & central banksclimate changedeveloping economiesfinancing

FFinancial TimesOriginal★★★★☆2026-09-16 04:00

A hotter planet meets dearer money

China-ASEAN cross-border RMB receipts and payments hit 9.44 trillion yuan in 2025

Cross-border renminbi receipts and payments between China and ASEAN reached 9.436 trillion yuan in 2025, up 5.99% year on year, a report from the People's Bank of China’s Guangxi branch said. Goods-trade settlement totaled 2.591 trillion yuan, while CIPS added 41 participants. Six ASEAN countries now have RMB clearing banks.

Markets Trade & sanctions Banking & financeChinaASEANRMB settlement

CChina News ServiceOriginal★★★☆☆2026-09-16 03:51

China-ASEAN cross-border RMB receipts and payments hit 9.44 trillion yuan in 2025

Grab targets ‘next level’ in financial services with $1.49 billion Atome deal

Grab plans to spend $1.49 billion on Atome Financial as it seeks to expand its consumer lending business across Southeast Asia and take its financial-services operations to the “next level.”

Banking & finance Companies & industryGrabAtome Financialconsumer lendingSoutheast Asia

CCNBCOriginal★★☆☆☆2026-09-16 03:50

Grab targets ‘next level’ in financial services with $1.49 billion Atome deal

Chinese investors rush into US stocks as Beijing widens overseas investment path

Chinese investors are moving heavily into overseas assets, particularly US stock funds, after regulators raised outbound investment quotas. The shift comes as domestic yields remain at rock-bottom levels and Beijing tightens unofficial channels for transferring money abroad.

MarketsChinese investorsUS stocksoverseas investment

RReutersOriginal★★★☆☆2026-09-16 03:50

Chinese investors rush into US stocks as Beijing widens overseas investment path

4th Weifang food expo draws record 516 exhibitors from 16 countries and regions

The 4th Weifang International Food and Agricultural Products Expo opened Tuesday at the Lutai Convention and Exhibition Center in Shandong, attracting 516 exhibitors from 16 countries and regions and more than 2,000 buyers. Exhibitor, visitor and buyer numbers all reached records. The event features eight exhibition areas and nine related activities through Thursday.

Trade & sanctionsWeifangfood expoagricultural productsinternational trade

CChina News ServiceOriginal★★☆☆☆2026-09-16 03:48

4th Weifang food expo draws record 516 exhibitors from 16 countries and regions

Jilin upgrades tax refund services as inbound spending surges

Jilin Province has upgraded tax refund services for overseas travelers as inbound spending gathers pace. The province now has more than 81 tax refund stores; average monthly transactions rose 277% year on year and refund values climbed 170%. A multilingual digital map and expanded cross-regional instant-refund arrangements are also being introduced.

Macro & central banksJilintax refundsinbound spending

CChina News ServiceOriginal★★☆☆☆2026-09-16 03:48

Jilin upgrades tax refund services as inbound spending surges

South Korea asks to postpone parliamentary briefing on US investment plans

South Korea’s government has requested a delay to a Thursday briefing for a parliamentary committee on Seoul’s plans to invest in the United States, the industry ministry said on Wednesday.

MarketsSouth KoreaUS investmentparliament

RReutersOriginal★★★☆☆2026-09-16 03:30

South Korea asks to postpone parliamentary briefing on US investment plans

SK Hynix union approves tentative wage deal with management, source says

SK Hynix’s South Korean union has approved a tentative wage agreement with management, according to a source familiar with the matter. The decision ends weeks of uncertainty after workers narrowly rejected an earlier deal.

Macro & central banks Companies & industrySK Hynixwage agreementlabor union

RReutersOriginal★★☆☆☆2026-09-16 03:00

SK Hynix union approves tentative wage deal with management, source says

Asian markets make nervous start ahead of Fed decision

Asian stocks posted tentative gains early Wednesday as rising global bond yields and oil prices prompted investors to pause ahead of the Federal Reserve’s policy decision later in the day.

Macro & central banks Markets Energy & commoditiesAsian marketsFederal Reservebond yieldsoil prices

RReutersOriginal★★☆☆☆2026-09-16 02:50

Asian markets make nervous start ahead of Fed decision

UK workers spend nearly £1 billion of their own money on AI for work, Deloitte finds

About one in six workers in Britain pays for an AI tool to help with their job, with their combined personal spending reaching nearly £1 billion ($1.4 billion) a year, according to Deloitte research published Wednesday.

Tech & AIUnited Kingdomartificial intelligenceworkplacepersonal spending

RReutersOriginal★★★☆☆2026-09-16 02:10

UK workers spend nearly £1 billion of their own money on AI for work, Deloitte finds

Oil falls as US crude inventories rise despite Saudi supply concerns

Oil prices declined on Wednesday after U.S. crude inventories unexpectedly increased. Investors also weighed supply risks after Saudi Arabia halted oil loadings at Yanbu port following an attack on its East-West pipeline to the Red Sea.

Energy & commoditiesoil pricesUS crude inventoriesSaudi Arabiasupply risks

RReutersOriginal★★★★☆2026-09-16 02:00

Oil falls as US crude inventories rise despite Saudi supply concerns

Saudi Arabia cancels oil deliveries to Europe after East-West pipeline blast
Saudi Arabia has cancelled some oil deliveries to Europe after drone attacks shut down its key export pipeline to the Red Sea. The rare move has triggered global panic and sent buyers rushing to find alternatives.
Saudi Arabiaoil supplypipelinedrone attacks
AAl Jazeera★★★★☆2026-09-16 01:53Original
Attacks on Saudi oil expose Iraqi PM’s struggle to control armed factions
A senior Iraqi source says a “resistance splinter” group may have carried out the September attack on Saudi Arabia’s East-West oil pipeline. The drones were launched from Iraqi territory, threatening about 4 percent of global oil supplies and testing Prime Minister Ali al-Zaidi’s pledge to bring armed groups under state control.
Saudi ArabiaIraqoil pipelinearmed factions
AAl Jazeera★★★★☆2026-09-16 01:35Original

Indonesia’s new finance minister faces an uphill battle on fiscal credibility

Nazara was sworn in as finance minister hours after Purbaya was dismissed. He previously served seven years as deputy finance minister and led the ministry’s fiscal policy agency from 2015 to 2019.

Macro & central banksIndonesiafinance ministerfiscal policy

CCNBCOriginal★★★☆☆2026-09-16 01:53

Indonesia’s new finance minister faces an uphill battle on fiscal credibility

Traders’ Game Plan: What a 5% 10-Year Yield Means for US Stocks

Markets already faced numerous concerns as stocks entered a historically volatile period. The 10-year Treasury yield then rose above 5% for the first time in nearly three years, adding further pressure.

MarketsUS TreasuriesUS stocksmarket volatility

BBloomberg NewsOriginal★★★☆☆2026-09-16 01:42

Traders’ Game Plan: What a 5% 10-Year Yield Means for US Stocks

Ripple expands university strategy from blockchain labs to XRP logos in packed stadiums

Ripple is taking its XRP marketing campaign further into US college sports through a new partnership with Louisville Athletics, including branding on Denny Crum Court. The deal is the company’s third major college-sports agreement in about 10 weeks, following Kansas jersey patches and Florida football-field branding. The campaign grows out of Ripple’s university blockchain research network, but the sports deals so far mainly provide distribution and visibility rather than demonstrated XRP utility.

CryptoRippleXRPcollege sportsblockchain

CCryptoSlateOriginal★★☆☆☆2026-09-16 01:40

Ripple expands university strategy from blockchain labs to XRP logos in packed stadiums

Trump and the Federal Reserve are on a collision course over interest rates

President Donald Trump spent years berating Jerome Powell while trying to pressure the then-Federal Reserve chair to lower interest rates.

Macro & central banksDonald TrumpFederal Reserveinterest rates

NNBC NewsOriginal★★★☆☆2026-09-16 01:00

Trump and the Federal Reserve are on a collision course over interest rates

New Zealand parliament passes India trade deal, cutting tariffs on most exports

New Zealand's parliament passed legislation on Wednesday to implement a free trade agreement with India. The deal would eliminate or substantially reduce tariffs on about 95% of New Zealand's exports to India.

Trade & sanctions Companies & industryNew ZealandIndiafree trade agreementtariffs

RReutersOriginal★★★☆☆2026-09-16 00:30

New Zealand parliament passes India trade deal, cutting tariffs on most exports

BOJ expected to hike rates by 25 basis points to a fresh three-decade high: CNBC survey

A CNBC survey shows the Bank of Japan is expected to raise interest rates by 25 basis points, taking them to a new three-decade high.

Macro & central banksBank of Japaninterest ratesrate hike

CCNBCOriginal★★★☆☆2026-09-16 00:22

BOJ expected to hike rates by 25 basis points to a fresh three-decade high: CNBC survey

House crypto tax overhaul aims to ease use while raising $500 million

The House Ways and Means Committee is set to consider the Digital Asset Tax Certainty Act, a broad rewrite of crypto taxation. The bill would ease tax treatment for qualifying stablecoin transactions and fees of up to $10, while extending wash-sale limits and mark-to-market rules to parts of the digital-asset market. The Joint Committee on Taxation estimates a net $500 million increase in federal receipts from fiscal 2027 through 2036.

Macro & central banks Markets Cryptocrypto taxesstablecoinsdigital assetsU.S. Congress

CCryptoSlateOriginal★★★☆☆2026-09-16 00:20

House crypto tax overhaul aims to ease use while raising $500 million

Southeast Asian buyers become top non-local investors in Hong Kong commercial property

Southeast Asian investors have become the largest group of non-local buyers in Hong Kong commercial property, led by Singapore-based capital, Savills says. Transactions above HK$50 million involving local and non-local investors have reached an estimated HK$30.36 billion this year.

Markets Real EstateHong Kong commercial propertySoutheast Asian investorsSingapore capital

SSouth China Morning PostOriginal★★☆☆☆2026-09-16 00:00

Southeast Asian buyers become top non-local investors in Hong Kong commercial property

A $5,000 Private Lounge With BMW Tarmac Drop-Off Is the New Airport Luxury

More US airports are adding exclusive terminals offering chefs, massages and other perks, seeking to strengthen their finances through leases and revenue-sharing arrangements.

Companies & industryUS airportsprivate terminalsairport luxury

BBloomberg NewsOriginal★★☆☆☆2026-09-16 00:00

A $5,000 Private Lounge With BMW Tarmac Drop-Off Is the New Airport Luxury

JPMorgan Sees Third-Quarter Investment Banking and Trading Gains

JPMorgan Chase forecast gains in third-quarter trading revenue and investment-banking fees, sharply contrasting with Bank of America’s warning earlier this week.

Markets Banking & finance Companies & industryJPMorgan Chaseinvestment bankingtrading revenue

BBloomberg NewsOriginal★★☆☆☆2026-09-15 23:30

JPMorgan Sees Third-Quarter Investment Banking and Trading Gains

JPMorgan expects investment banking and trading to shine in third quarter
JPMorgan Chase co-President Doug Petno said at an investor conference on Tuesday that the bank expects strong third-quarter growth in investment banking fees and trading revenue.
JPMorgan Chaseinvestment bankingtrading revenue
RReuters★★☆☆☆2026-09-15 21:50Original

Why de-dollarization discussions are more talk than action

BRICS leaders have called for using local currencies in trade among the bloc’s members to reduce dependence on the dollar, but the discussion has so far produced more talk than action.

Markets Trade & sanctionsBRICSde-dollarizationlocal currencies

CCNBCOriginal★★☆☆☆2026-09-15 23:28

Why de-dollarization discussions are more talk than action

What Carney’s push for private investment could mean for Canada’s major airports

Prime Minister Mark Carney says he wants private investors to take over operations at Canada’s four largest airports in Toronto, Montreal, Calgary and Vancouver. The proposal raises questions about what it could mean for the airports.

MarketsCanadaMark Carneyairportsprivate investment

CCBC NewsOriginal★★★☆☆2026-09-15 23:02

What Carney’s push for private investment could mean for Canada’s major airports

Carney’s airport private-investment plan will squeeze workers and raise passenger costs: labour congress
The Canadian Labour Congress says Mark Carney’s plan to bring private investment into airports would put pressure on workers and increase costs for passengers.
Canadaairportsprivate investmentlabour
CCBC News★★★☆☆2026-09-15 12:31Original

Tether, Binance and $1.5 billion Iran oil network converge in US forfeiture case

US prosecutors are seeking civil forfeiture of about $61.2 million in USDT allegedly linked to black-market Iranian oil sales. They describe a wider network that moved more than $1.5 billion in alleged proceeds through crypto addresses, Iran-based exchanges and Binance. Binance is not accused of wrongdoing and says it cooperated with investigators.

Energy & commodities CryptoIran oilcryptocurrencyasset forfeitureTetherBinance

CCryptoSlateOriginal★★★★☆2026-09-15 23:00

Tether, Binance and $1.5 billion Iran oil network converge in US forfeiture case

Hong Kong commercial property downturn to worsen as credit tightens, agents warn

Hong Kong commercial property prices are expected to keep falling as tighter bank lending coincides with weaker demand, creating a risk of a “vicious cycle,” a property agency warned. Banks have used stricter approval standards and terms for commercial-property mortgages over the past three years.

Real EstateHong Kongcommercial propertycredit tightening

SSouth China Morning PostOriginal★★☆☆☆2026-09-15 23:00

Hong Kong commercial property downturn to worsen as credit tightens, agents warn

Some physical oil cargoes top $130 a barrel, nearing April record, on Saudi disruptions

Prices for some physical oil cargoes in Europe rose above $130 a barrel on Tuesday, nearing the record reached in April. Buyers are scrambling for alternatives as intensifying conflict in the Middle East causes increasing disruptions to regional supplies.

Energy & commoditiesoil pricesSaudi ArabiaMiddle East conflict

RReutersOriginal★★★★☆2026-09-15 22:30

Some physical oil cargoes top $130 a barrel, nearing April record, on Saudi disruptions

Will the Houthi blockade of Bab al-Mandeb set fire to global energy prices?
A mural in Sanaa depicting restrictions on shipping through Bab al-Mandeb highlights the question of whether a Houthi blockade of the strategic waterway could ignite a surge in global energy prices.
HouthisBab al-Mandebenergy prices
TTRT World★★★★☆2026-09-15 20:59Original

EXCLUSIVE: France would back Klaas Knot to lead ECB, seeking chief economist post for French candidate

France would support Dutchman Klaas Knot to replace Christine Lagarde as European Central Bank president if the institution’s powerful chief economist position went to a French candidate, people familiar with the matter told Reuters.

Macro & central banksFranceKlaas KnotEuropean Central Bankleadership appointment

RReutersOriginal★★★★☆2026-09-15 22:15

EXCLUSIVE: France would back Klaas Knot to lead ECB, seeking chief economist post for French candidate

Bond Market’s ‘Extreme’ Short Bets on Fed Rate Hike

Bond traders have amassed bearish positions ahead of Wednesday’s Federal Reserve meeting, wagering that the Treasury selloff that has pushed yields to their highest level in more than a decade will continue.

Macro & central banks Marketsbond marketFederal Reserveinterest rates

BBloomberg NewsOriginal★★☆☆☆2026-09-15 22:00

Bond Market’s ‘Extreme’ Short Bets on Fed Rate Hike

Many forces were behind the derailment of crypto’s Clarity Act

Behind-the-scenes disputes in the final stretch produced a dismal outcome for the market-structure legislation on which the crypto industry had placed its greatest hopes.

CryptocryptocurrencyUS Senatefinancial legislation

CCoinDeskOriginal★★☆☆☆2026-09-15 21:58

Many forces were behind the derailment of crypto’s Clarity Act

US Senate crypto bill collapses in blow to industry
The US Senate failed to advance the Digital Asset Market Clarity Act, backed by President Donald Trump, after it received 50 votes in favour and 49 against—short of the 60 needed. Concerns over Trump’s crypto interests, stablecoin rewards and the impact on community banks blocked progress, sending bitcoin and crypto-related shares lower.
US Senatecryptocurrencydigital asset regulationDonald Trump
AAl Jazeera★★★★☆2026-09-15 21:31Original
Landmark US crypto bill fails as Senate splits over Trump ethics concerns
A landmark US cryptocurrency bill failed after senators divided over concerns about Donald Trump’s ethics. The defeat is a major setback for an industry that has spent record sums lobbying for a favourable market structure.
US SenateDonald Trumpcryptocurrencylegislation
FFinancial Times★★★☆☆2026-09-15 21:31Original
‘This one stings’: Clarity Act fails procedural Senate vote — is crypto’s biggest regulatory push dead?
A procedural vote on Tuesday to advance landmark digital-asset legislation failed spectacularly, leaving the cryptocurrency industry crushed and raising doubts about whether its biggest regulatory push is now dead.
cryptocurrencydigital assetsUS Senate
TThe Block★★★☆☆2026-09-15 21:24Original
Crypto stocks sink after Senate rejects Clarity Act
Crypto stocks broadly sold off after the U.S. Senate failed to advance the long-awaited market structure bill, with Coinbase, Circle and Galaxy leading the decline.
crypto stocksU.S. SenateClarity Act
CCoinDesk★★★☆☆2026-09-15 20:03Original
Trump ethics fight sinks CLARITY Act in dramatic Senate defeat
The CLARITY Act failed to win the 60 votes needed to advance in the Senate after final bipartisan negotiations over ethics rules collapsed. Several Democrats who helped shape the bill opposed moving forward, saying restrictions on crypto interests held by Trump, his family and officials were too weak. The setback keeps the major crypto market-structure proposal off the Senate floor.
crypto regulationUS SenateDonald Trumpethics rules
CCryptoSlate★★★☆☆2026-09-15 19:20Original
Senate cloture vote on Clarity Act fails, dealing regulatory blow to crypto industry
The U.S. Senate voted Tuesday to stop the Clarity Act from moving forward, dealing a setback to the crypto industry’s effort to secure a comprehensive framework for market regulation.
U.S. SenateClarity Actcryptocurrency
CCNBC★★★☆☆2026-09-15 19:07Original
Clarity Act fails in Senate: How the crypto industry is reacting
One of the most consequential U.S. regulations for crypto markets failed to secure enough support to clear the Senate’s final 60-vote hurdle, prompting reactions across the industry.
U.S. SenateClarity Actcrypto industry
CCoinDesk★★★☆☆2026-09-15 19:06Original
Clarity Act preliminary vote falls short in Senate amid ethics fight over Trump’s crypto wealth
An initial Senate vote aimed at moving the Clarity Act closer to becoming law failed amid opposition to President Trump’s crypto wealth.
U.S. SenatecryptocurrencyClarity Act
TThe Block★★★☆☆2026-09-15 18:57Original
Crypto Clarity Act flames out in failed U.S. Senate vote
The years-long push to establish U.S. rules for crypto markets failed to secure enough support to clear the Senate’s final 60-vote threshold.
cryptocurrencyU.S. Senatefinancial regulation
CCoinDesk★★★☆☆2026-09-15 18:50Original
Crypto Clarity Act heads toward disappointment without last-minute Senate turnaround
With both parties digging in, the crypto market-structure bill still lacks the votes needed to clear the Senate’s first hurdle scheduled for Tuesday.
cryptocurrencyUS Senatefinancial regulation
CCoinDesk★★☆☆☆2026-09-15 15:50Original
Lead Senate Republican Lummis rejects Democratic counteroffer as Clarity Act vote nears
Hours before an initial vote on the Clarity Act, Senate Republicans rejected a counterproposal put forward by fellow Democrats.
US SenateClarity ActRepublicansDemocrats
TThe Block★★★☆☆2026-09-15 14:38Original
Clarity Act odds plunge as Republicans reject Democrats’ counter-proposal
Prediction markets sharply cut the near-term chances of the crypto market structure bill passing, as negotiations remained deadlocked just hours before a key Senate vote.
CLARITY ActUS Senatecryptocurrencylegislation
CCoinDesk★★★☆☆2026-09-15 14:13Original
CLARITY Act chances sink below 20% as Senate path to 60 votes narrows
The CLARITY Act is approaching a critical Senate vote without a clear coalition for the 60 votes required to advance it. Polymarket odds of enactment fell below 20% from about 34% in the prior 24 hours as Republican leaders struggled to secure their conference and Democrats sought further concessions. Banking concerns and ethics rules tied to Donald Trump’s crypto interests remain key obstacles.
cryptocurrencyUS SenateCLARITY Actfinancial regulation
CCryptoSlate★★★☆☆2026-09-15 14:01Original

CoinEx exits after nine years as crypto trading concentrates among largest exchanges

Crypto exchange CoinEx will wind down in stages, ending spot trading on Sept. 29 and withdrawals on Dec. 22. Founder Haipo Yang cited falling revenue, rising compliance costs and the difficulty of carrying security risks at limited scale. Trading volume has rebounded, but activity is increasingly concentrated among the largest platforms, led by Binance.

Markets CryptoCoinExcrypto exchangescompliance costsmarket concentration

CCryptoSlateOriginal★★☆☆☆2026-09-15 21:55

CoinEx exits after nine years as crypto trading concentrates among largest exchanges

Agnico Eagle says it will not participate in Barrick’s North American IPO

Canadian gold miner Agnico Eagle is not interested in joining Barrick Mining’s proposed North American initial public offering, CEO Ammar Al-Joundi said. He said buying into the IPO would not make sense for the company.

Markets Energy & commoditiesgold miningIPOAgnico EagleBarrick Mining

RReutersOriginal★★☆☆☆2026-09-15 21:15

Agnico Eagle says it will not participate in Barrick’s North American IPO