The United States and China are considering tariff reductions on goods including American energy and agricultural products ahead of next week’s leaders’ summit, seeking to extend their trade truce.
Prometheum announced that its subsidiary Prometheum Capital signed a binding memorandum of understanding with HashKey Digital Asset Group and Velocity Capital to help internationalize tokenized US equities.
Closer BRICS cooperation will give India wider access to critical minerals, energy resources, technology and capital while creating new manufacturing partnerships, FIEO President Subhash Chander Ralhan told TASS. He said India could expand opportunities across goods, pharmaceuticals, automobiles, electronics, renewable energy, healthcare and digital services, while joining the production and supply chains developing across BRICS economies.
Recent U.S. Department of Justice documents say Hamas’ military wing advised donors against using Binance to handle funds and directed them instead to Bybit, OKX, Kast and Redotpay.
The Bank of Russia set the official dollar rate for September 17 at 84.1732 rubles, down 6.3 kopecks from the previous figure. The euro rate fell 17.37 kopecks to 97.1275 rubles, while the yuan rate declined 0.81 kopecks to 12.5457 rubles.
Payward plans to use its $550 million acquisition of Bitnomial to offer U.S. clients onchain perpetual futures on the Hyperliquid protocol. The company aims to become the first registered U.S. exchange to deploy markets there.
German state-owned energy company SEFE said it had independently raised its natural gas storage levels as Europe heads into winter with inventories at their lowest in years.
A senior Nissan executive says the UK may need to impose trade tariffs on Chinese cars if it wants equal treatment under the European Union’s local-content rules.
HM Treasury has laid a final draft that would remove UK qualifying stablecoin payments from parts of the dealing and arranging perimeter. Transfers, money exchanges and some collateral arrangements could qualify, while transactions requiring the stablecoin to be returned and swaps into other cryptoassets remain outside the payment carve-out. The draft still needs Parliament’s approval and is not in force.
U.S. retail sales rebounded more than expected in August, underscoring the economy’s resilience even as consumers become increasingly concerned about high inflation.
Annual pay varies by roughly €10,000 across Spanish regions, while the price of a 90-square-metre home can differ by as much as €383,000. In the Balearic Islands and Madrid, buyers need more than €129,000 saved for a deposit.
The Bank of Russia bought yuan on the domestic market in a transaction worth 2 billion rubles, or $23.6 million, settled on September 15. The regulator conducts these purchases and sales through the yuan-ruble instrument on the Moscow Exchange’s currency market.
Onchain finance platform Theo has launched thSLVR, allowing investors to maintain exposure to silver while earning income by lending the metal to institutional borrowers.
Trade between Azerbaijan and Russia fell 27.9% year-on-year to $2.411 billion in January-August 2026, Azerbaijan’s State Customs Committee reported. Azerbaijani exports to Russia rose 2.6% to $840.096 million, while imports from Russia dropped 37.8% to $1.57 billion.
Florida car dealer Bill Wallace says most customers lately have been asking about hybrid vehicles, hoping to ease the pressure of high gasoline prices.
French motorists are crowding TotalEnergies stations to buy discounted gasoline. Rivals accuse the energy giant of distorting competition, saying the government encouraged the move.
Kazakhstan is turning its reliance on imported processed goods into an opportunity for investors to build local enterprises, replace imports and broaden the country’s export basket.
Chinese oil prices have reached record highs after attacks on a Saudi pipeline. Beijing had softened the global impact of the Iran war by running down its stocks, but is now “coming off its crash diet”.
Celsius Network’s bankruptcy estate has sued BitMEX and related entities, alleging fraud, market manipulation and wrongful liquidations during Bitcoin’s March 2020 crash caused losses of more than 6,360 BTC. Filed Sept. 12, the case seeks about $495 million as BitMEX prepares to close its exchange on Sept. 23. The allegations remain unproven.
Kazakhstan would welcome the Power of Baikal gas pipeline, formerly known as Power of Siberia 2, running through its territory because it could help supply the country’s northeastern regions, Vice Energy Minister Kaiyrkhan Tutkyshbayev said. He stressed that Kazakhstan is not involved in route negotiations, which are being conducted by Russia and China.
Investors have approached OpenAI about a new funding round as the company prepares for what is widely expected to be a blockbuster IPO next year, following its confidential prospectus filing in June.
Kazakhstan has fulfilled its obligations and is prepared to provide additional transit of Russian gas to Uzbekistan, Deputy Energy Minister Kaiyrkhan Tutkyshbayev said. Uzbekistan and Russia are negotiating, while a final transit decision has yet to be made.
BRICS Pay is a decentralised digital payment system designed to enable international transactions in local currencies rather than the dollar. BRICS leaders backed investment in cross-border payment systems at their New Delhi summit, but the project remains in pilot and phased rollout stages and is not yet globally operational for all members. It would connect national systems and support settlement through QR codes, digital wallets and mobile apps.
Russia’s share of the oil and gas equipment market could rise by two percentage points to 82% this year, Industry and Trade Minister Anton Alikhanov said. The market totaled 294 billion rubles ($3.48 billion) in the first half of 2026 and could reach 800 billion rubles ($9.47 billion) by year-end.
Industry and Trade Minister Anton Alikhanov said Russia had raised its independence from imported oil and gas equipment to nearly 80% by the end of last year and aims to reach 90% localization by 2030. He said production must be mastered for 220 critical items; 55 are in serial production, 56 are undergoing prototype tests and more than 80 R&D projects are underway.
Russiaoil and gas equipmentindustrial localization
Bernstein says stablecoin rewards on idle balances can continue after Senate lawmakers failed to advance the Clarity Act. The firm expects the SEC and CFTC to move swiftly on crypto rulemaking.
Federal employees were paid $9.5 billion not to work in 2025, according to the Government Accountability Office. Federal data also showed that the workforce shrank by roughly 216,000 employees.
Brazilian delivery app iFood, owned by Dutch investment group Prosus, plans to invest 24 billion reais ($4.66 billion) in Brazil during the fiscal year ending March 2027. The planned investment is 41% higher than in the previous cycle.
The World Bank has appointed Nobel laureate and University of Chicago professor Michael Kremer as its next chief economist. He will succeed Indermit Gill, who retired last month.
Kraft Heinz sells about two million bottles of ketchup daily and owns more than 200 brands, including Lunchables and Capri Sun. NBC’s Vicky Nguyen speaks with new CEO Steve Cahillane about the company’s direction as consumers seek less-processed foods and cheaper store brands.
Kraft Heinz CEO Steve Cahillane says changes in the grocery marketplace require the company to shift strategy so its legacy brands remain affordable for shoppers watching their spending.
China is bracing for a possible major sell-off on Thursday as a lock-up period covering 14 million MetaX Integrated Circuits shares ends. Analysts expect “significant selling pressure”, after the release of Moore Threads shares last week triggered a sales avalanche that erased nearly 49 billion yuan.
Bitcoin fell below $75,000 intraday on Sept. 15 after the Senate failed 49-50 to advance the CLARITY Act, removing near-term regulatory upside. With the 10-year Treasury yield at 5.041%, Brent above $105 and tighter rate expectations, Bitcoin now faces a key test near its $70,000 200-day moving average ahead of the Sept. 16 FOMC meeting.
Bitcoin’s performance is diverging from the Dollar Index and U.S. stocks as markets look ahead to the Federal Reserve. The item offers a day-ahead view for Sept. 16, 2026.
Surging U.S. government bond yields are driving up credit costs across the economy and could shape Federal Reserve deliberations on monetary policy. Analysts nevertheless expect the central bank to resist any explicit request from the Trump administration to bail out the market.
With inflation and consumer prices rising, Wednesday’s Federal Reserve meeting is being closely watched for signals about interest rates in the present and future. The Fed is expected to raise rates for the first time since 2023 and the first time under newly appointed Chair Kevin Warsh.
The Federal Reserve is expected to raise interest rates for the first time since 2023, as persistent inflation and rising borrowing costs worldwide drive the move. That will intensify scrutiny of how Kevin Warsh characterizes the first monetary-policy change under his watch.
Bitcoin is hovering near $80,000 as traders build stablecoin positions that could flow back into the market once uncertainty around the Federal Reserve clears. A surprise decision to hold rates could present a greater risk.
Global shares are rising as investors await the Federal Reserve’s interest rate decision, with expectations for a rate hike running high. U.S. stock futures have edged upward.
The Federal Reserve is expected to raise interest rates for the first time since 2023. The consequential move comes less than two months before the midterm elections.
The 10-year Treasury yield is hovering above 5% as investors await the Federal Reserve’s decision. The Fed is widely expected to raise interest rates on Wednesday.
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.
Federal Reserveinterest ratesinflationDonald Trump
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
The largest VIX options trade on the Cboe Tuesday was an unusual $6 million purchase of extremely deep in-the-money puts, making the volatility wager difficult to decipher before the Federal Reserve’s rate decision.
Higher oil prices and Treasury yields are raising energy and borrowing costs for U.S. households, prompting consumers to rely more heavily on savings. The estimated burden is $1,700 per household.
Egypt plans to pair a 2,000-megawatt wind project with its first turbine manufacturing plant, aiming to turn renewable energy expansion into an industrial opportunity. The approach could offer lessons for Nigeria and other African countries.
The US midterm elections were already emerging as a major risk for AI-related stocks amid backlash against data centers. The stakes have grown as more lawmakers from both parties warn that AI safety regulations are needed.
Russia’s Transport Ministry has proposed expanding regular shipping services with India to increase maritime cargo transport. Moscow also offered to share its autonomous-shipping expertise, identifying intelligent transport systems and highly automated maritime shipping as promising areas for cooperation.
Chinese Vice Premier Ding Xuexiang called for greater opening of China’s western regions at a ceremony marking the start of navigation on the Pinglu Canal in Guangxi. The 134.2-kilometer, 72.7-billion-yuan canal links Nanning with the Beibu Gulf and serves as a backbone project of the New Western Land-Sea Corridor.
The Pinglu Canal, a backbone project of China’s New International Land-Sea Trade Corridor, opened to navigation on Wednesday. It will connect western inland goods to the sea, cutting shipping distance by more than 560 kilometers and logistics costs by up to 30%. A mainland spokesperson welcomed people from Taiwan to share the project’s opportunities.
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
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.
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.
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.
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.
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.
The pipeline shutdown is putting pressure on Saudi oil supplies to Europe, while further regional conflict could threaten shipping routes. Riyadh has not commented on reports that some refiners may face delays until November.
Kazakhstan has no intention of forcing foreign companies out of its oil and gas projects and will welcome any decision by Russia’s Lukoil regarding its projects in the country, Deputy Energy Minister Kaiyrkhan Tutkyshbayev said. He called Lukoil a historic partner and said all issues remain open for discussion. Kazakhstan previously said it had priority rights to buy Lukoil’s foreign assets.
Official data showed that China’s August economy was driven by booming emerging industries and strong foreign trade. Value-added in high-tech and digital product manufacturing rose 16.7% and 15.7% year on year, while goods trade reached 4.65 trillion yuan, up 19.8%.
Soaring prices are driving key Asian markets to seek alternatives, threatening to weaken long-term demand for liquefied natural gas amid the Hormuz crisis.
Kazakhstan and Gazprom have signed an amendment to their gas supply contract and plan to begin discussing a long-term agreement by the end of the year, Deputy Energy Minister Kaiyrkhan Tutkyshbayev said. He called Russia Kazakhstan’s strategic partner. Purchases are expected to reach about 11 bcm in 2026, with roughly 9 bcm under discussion for 2027.
Kazakhstan will purchase about 11 billion cubic meters of gas from Gazprom in 2026, up from 4 bcm last year, Deputy Energy Minister Kaiyrkhan Tutkyshbayev said. He added that the two sides are discussing supplies of around 9 bcm for 2027, after technical issues affected major fields this year.
U.S. spot bitcoin ETFs recorded $450 million in outflows, their largest loss since June, after the Senate failed to advance the Clarity Act. Regulatory-sensitive tokens fell sharply as a result.
Deutsche Bank is nearing the launch of a crypto-custody service for institutions. At debut, it will support a select group of cryptocurrencies, including bitcoin, ether and stablecoins such as USDC and EURC.
Deutsche Bank plans to launch a digital-asset custody service in Europe this year, initially covering bitcoin, ether and selected stablecoins for institutional clients.
Zcash has risen 6% and is up 130% over the past 30 days, trading near its 2016 all-time highs. Bitcoin, meanwhile, has fallen to a three-and-a-half-week low below $76,000 as markets await the Federal Reserve’s rate decision.
Labour representatives at German auto supplier Bosch called on Wednesday for political action at the European Union level to curb job losses in the industry by creating rules that encourage local production.
Federal Reserve Chair Kevin Warsh faces a rate-day decision with risks attached to any course of action, as he reckons with both financial markets and Donald Trump.
The European Union plans to create a climate insurance alliance to help cover losses as global warming makes droughts, floods and wildfires more frequent and intense.
The European Union will establish a climate insurance alliance to expand coverage for extreme weather, European Commission President Ursula von der Leyen said. The initiative follows a summer marked across the bloc by drought, wildfires and heatwaves.
Standard Chartered initiated coverage of Arbitrum’s ARB token with a $10 target for 2030. ARB rose as much as 9% that session while Bitcoin and Ethereum fell, creating an unusually large gap against market and layer-2 benchmarks. The analysis examines whether the bank’s digital-asset research has itself become a tradable event, while noting mixed results for UNI, MORPHO, AAVE and LINK.
John Lai Sung-ziang, a third-generation member of a long-established Hong Kong developer family, agreed to buy a 2,888-square-foot, four-bedroom high-floor flat at Estoril Court in Mid-Levels for HK$98.8 million on August 31. Weeks earlier, the family sold a long-held property in North Point, highlighting capital moving between real estate sectors.
Scanning QR codes with mobile phones to make payments has become almost ubiquitous in India over the past decade, driven by the widely used homegrown Unified Payments Interface (UPI) network.
Shares of Indian payment companies rose on Wednesday after the national payments authority introduced a fee on selected merchant transactions above 2,000 rupees, or about $20, made through a popular homegrown payment interface. The move improved expectations for firms’ revenue prospects.
Bitcoin’s Coinbase premium has dropped to its lowest level in a month as weaker U.S. demand, a setback for the Clarity Act and expectations of a Federal Reserve rate hike weigh on the cryptocurrency.
U.S. prosecutors allege that two Robinhood engineers used confidential token-listing data to trade ahead of announcements through Hyperliquid perpetual futures.
Saudi Arabia is offering Asian refiners additional crude loadings through ship-to-ship transfers off Oman’s Sohar port, people familiar with the matter said, after drone attacks damaged a key oil pipeline leading to the Red Sea.
U.S. spot Bitcoin ETFs saw $450 million in net outflows on Sept. 15, more than reversing the previous session’s $159 million inflow and bringing withdrawals across six completed sessions since Sept. 8 to $753 million. Bitcoin traded near $75,900 as spot and perpetual sellers dominated, while the causal link between ETF redemptions and exchange selling remained unresolved.
Russia’s government has decided to extend restrictions on diesel exports by fuel producers through the end of October, Vedomosti reported late Tuesday, citing two unidentified sources.
Bitcoin fell nearly 4% in 24 hours to below $76,000 after the US Senate blocked the CLARITY Act late Tuesday. The move derailed more than a year of bipartisan negotiations and left the crypto industry without the federal rulebook it has pursued for years.
The US Senate failed on Sept. 15 to advance the Digital Asset Market Clarity Act, as a 49-50 cloture vote fell short of the 60 votes needed to begin debate. Bitcoin had already been declining before the vote and reached an intraday low of $74,967.97. The procedural defeat leaves the push for uniform federal crypto-market rules unresolved.
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.
cryptocurrencyHong KongUS Senatedigital assets
SSouth China Morning Post★★☆☆☆2026-09-16 08:00Original
American Chamber of Commerce in Russia head Robert Agee said US companies are chiefly awaiting the removal of the ban on new investment in Russia imposed by Joe Biden’s administration. He said the restriction is costing them profits, market share and brand value, while businesses also hope for restored bank transfers and eased aviation and medical-technology export controls.
Jilin has simplified departure tax refunds, driving a 277% year-on-year rise in transactions and a 170% increase in refund volume. The province has more than 81 tax-free shops and now offers multilingual digital shopping information. Measures include cross-region instant-refund recognition and extending claims to 28 days. Inbound tourist spending rose 41% in the first half of the year.
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