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Millennium’s New Cash Raise Draws $30 Billion in Client Demand

Millennium Management’s latest capital raise drew billions of dollars more in demand than the firm could accept, signaling surging interest in the largest multistrategy hedge funds.

MarketsMillennium Managementhedge fundscapital raise

BBloomberg NewsOriginal★★☆☆☆2026-09-26 00:30

Millennium’s New Cash Raise Draws $30 Billion in Client Demand
Millennium’s New Cash Raise Draws $30 Billion in Client Demand

Bitcoin weathers 5.2% Treasury shock as traders cut $1.7 billion in leverage

Bitcoin is holding near $84,000 despite a historic selloff in U.S. Treasurys that pushed the 10-year yield to 5.22% and the 30-year yield to a fresh 22-year high. Higher risk-free returns and financing costs are raising pressure on Bitcoin and other risk assets, but crypto has so far absorbed the bond rout relatively calmly.

MarketsCryptoBitcoinU.S. Treasurysbond yieldsleverage

CCryptoSlateOriginal★★★☆☆2026-09-25 21:10

Bitcoin weathers 5.2% Treasury shock as traders cut $1.7 billion in leverage
Bitcoin weathers 5.2% Treasury shock as traders cut $1.7 billion in leverage

Bonds had a wild week as global yields surged to decades-high levels

Bond markets endured a turbulent week, with yields around the world climbing to their highest levels in decades. Volatility rose at its fastest pace in more than a year, prompting concern that the turmoil could spill over into stocks.

MarketsBondsYieldsMarket volatilityStocks

CCNNOriginal★★★★☆2026-09-25 21:01

Bonds had a wild week as global yields surged to decades-high levels

Smart Ring Maker Oura’s IPO Is About Four Times Oversubscribed

Oura’s initial public offering, which could raise as much as $2.2 billion, has attracted roughly four times more orders than the number of shares available, according to people familiar with the matter.

MarketsOuraIPOsmart ringsinvestment

BBloomberg NewsOriginal★★☆☆☆2026-09-25 21:00

Smart Ring Maker Oura’s IPO Is About Four Times Oversubscribed
Smart Ring Maker Oura’s IPO Is About Four Times Oversubscribed

Russian stock market ends Friday in the red — market data

Russian stocks ended Friday’s session lower, according to Moscow Exchange data. The MOEX Russia Index fell 1.66% to 2,273.87 points, while the RTS Index declined 1.01% to 849.31 points. The yuan slipped nine kopecks to 12.51 rubles.

MarketsRussian stocksMOEX IndexRTS Index

TTASSOriginal★★☆☆☆2026-09-25 18:20

Russian stock market ends Friday in the red — market data

Strategy proposal would put Bitcoin-financing dividends in investors’ hands daily

Strategy said it wants dividends on its STRF, STRC, STRK and STRD preferred shares to accrue each calendar day and be paid on the next business day. The proposal could deliver cash to holders sooner without changing current rates or economic terms, but its effective date, record dates and required approvals remain unspecified. Existing declared payment dates would stay in place.

MarketsCryptoStrategyBitcoin financingpreferred sharesdividends

CCryptoSlateOriginal★★☆☆☆2026-09-25 17:00

Strategy proposal would put Bitcoin-financing dividends in investors’ hands daily
Strategy proposal would put Bitcoin-financing dividends in investors’ hands daily

Bloomberg: Romania Raises About $604 Million Through Higher-Yield Bonds for Blood Donors

Romania has raised about $604 million from thousands of individual investors since the start of 2025 through a program that offers blood donors government bonds yielding more than 7% annually—about one percentage point above the rate available to other retail investors. The scheme supports government borrowing while encouraging donations. Individual investors now provide nearly a fifth of Romania’s government financing.

MarketsRomaniagovernment bondsblood donationpublic finance

MMeduzaOriginal★★★☆☆2026-09-25 16:58

Bloomberg: Romania Raises About $604 Million Through Higher-Yield Bonds for Blood Donors
Bloomberg: Romania Raises About $604 Million Through Higher-Yield Bonds for Blood Donors

Russian cabinet extends option for new refinery upgrade investment deals

The Russian government has approved amendments allowing oil companies that have not previously signed investment agreements to conclude new deals from Jan. 1 through Sept. 30, 2026, for production facilities eligible for an investment premium on the reverse oil excise tax. The commissioning deadline for new agreements is extended to 2033. The changes do not apply to agreements signed before the decree took effect.

Macro & central banksMarketsEnergy & commoditiesCompanies & industryRussiaoil refineriesinvestment agreementsoil tax

TTASSOriginal★★★☆☆2026-09-25 16:32

Russian cabinet extends option for new refinery upgrade investment deals

Chinese, US firms line up for Peru copper projects as government cuts red tape

Peru expects new mining projects to lift annual copper output by about 1 million metric tons within five to six years. The energy and mines minister told Reuters that Chinese and US companies are considering investments as competition for critical minerals in South America broadens.

MarketsEnergy & commoditiesCompanies & industryPerucoppermining investment

RReutersOriginal★★★☆☆2026-09-25 15:35

Chinese, US firms line up for Peru copper projects as government cuts red tape
Chinese, US firms line up for Peru copper projects as government cuts red tape

Euroclear files two cassation appeals against Russian Central Bank claim

Belgian depository Euroclear has filed two cassation appeals with the Moscow Arbitration Court against the Bank of Russia’s lawsuit seeking 18.2 trillion rubles ($216 billion). The complaints were submitted on September 24 as Euroclear challenges a court ruling issued on May 29.

Macro & central banksMarketsEuroclearBank of Russialegal disputefrozen assets

TTASSOriginal★★★★☆2026-09-25 15:15

Euroclear files two cassation appeals against Russian Central Bank claim

US crypto ETFs draw over $3 billion this week as demand broadens beyond Bitcoin

US spot ETFs tracking Bitcoin, Ethereum, Solana, XRP and Zcash recorded about $3.04 billion in combined net inflows from Monday through Thursday, according to SoSoValue. Bitcoin attracted $2.25 billion, while the other four assets drew nearly $793 million. Ethereum led those non-Bitcoin flows with $602.94 million.

MarketsCryptoCrypto ETFsBitcoinEthereum

CCryptoSlateOriginal★★☆☆☆2026-09-25 15:00

US crypto ETFs draw over $3 billion this week as demand broadens beyond Bitcoin
US crypto ETFs draw over $3 billion this week as demand broadens beyond Bitcoin

EXCLUSIVE: Hungary rate cut still possible this year if euro plan gains traction, deputy governor says

Hungary’s central bank could still cut interest rates before year-end if external market conditions remain favourable and the government produces a credible deficit-reduction plan aimed at joining the euro, a senior central bank official said.

Macro & central banksMarketsHungarycentral bankrate cuteuro plan

RReutersOriginal★★★☆☆2026-09-25 14:15

EXCLUSIVE: Hungary rate cut still possible this year if euro plan gains traction, deputy governor says
EXCLUSIVE: Hungary rate cut still possible this year if euro plan gains traction, deputy governor says

Raising taxes on passive income could bring Russia’s budget up to 700 billion rubles a year, economist says

Economist Dmitry Polevoy estimates that extending Russia’s progressive personal income tax to deposits, dividends, investments, and property sales could raise an extra 500–700 billion rubles annually. Rates would rise from the current 13–15% to a 13–22% scale, affecting about four million people. Polevoy says the measure may have a weaker anti-inflation effect and could even be mildly inflationary.

Macro & central banksMarketsRussiatax policybudgetinflation

MMeduzaOriginal★★★☆☆2026-09-25 12:16

Raising taxes on passive income could bring Russia’s budget up to 700 billion rubles a year, economist says
Raising taxes on passive income could bring Russia’s budget up to 700 billion rubles a year, economist says

Global equity funds snap two-week outflow streak as AI optimism returns

Global equity funds recorded their strongest inflows since early July in the week ending September 25, ending a two-week run of outflows. Renewed enthusiasm for artificial intelligence and lower oil prices outweighed a sharp increase in government bond yields.

MarketsEnergy & commoditiesTech & AIGlobal equity fundsArtificial intelligenceFund flowsOil prices

RReutersOriginal★★☆☆☆2026-09-25 12:10

Global equity funds snap two-week outflow streak as AI optimism returns
Global equity funds snap two-week outflow streak as AI optimism returns

The business of peace: US investment push moves TRIPP corridor from diplomacy to trade

Washington is providing millions of dollars to the so-called Trans-Caspian Enterprise Fund, aiming to catalyse private investment in the South Caucasus and Central Asia and shift the TRIPP corridor from diplomacy toward trade.

MarketsTrade & sanctionsCompanies & industryUS investmentTRIPP corridorSouth CaucasusCentral Asia

EeuronewsOriginal★★★☆☆2026-09-25 12:00

The business of peace: US investment push moves TRIPP corridor from diplomacy to trade

Chinese RISC-V chipmaker Eswin seeks US$300 million in Hong Kong IPO

Beijing Eswin Computing Technology is set to solicit orders from institutional and public investors on Monday for a Hong Kong IPO targeting about US$300 million, according to people familiar with the matter. Investor interest has already been gauged, with trading expected to begin on October 8.

MarketsCompanies & industryTech & AIHong Kong IPORISC-Vchip industry

SSouth China Morning PostOriginal★★☆☆☆2026-09-25 10:49

Chinese RISC-V chipmaker Eswin seeks US$300 million in Hong Kong IPO
Chinese RISC-V chipmaker Eswin seeks US$300 million in Hong Kong IPO

Bitcoin ETFs have erased a $5.8 billion hole

Bitcoin ETFs were at one point in July showing $5.8 billion in net outflows for the year. They have since recovered to record $800 million in net inflows.

MarketsCryptoBitcoinETFsfund flows

CCoinDeskOriginal★★☆☆☆2026-09-25 09:13

Bitcoin ETFs have erased a $5.8 billion hole
Bitcoin ETFs have erased a $5.8 billion hole

European bond yields ease after sell-off as US mortgage rates hit Trump-term high

European government bond yields retreated Friday morning after a severe sell-off earlier in the week. US Treasury yields reached fresh multi-decade highs on Wednesday and Thursday, while American mortgage rates climbed to 7%, their highest level since Donald Trump returned to office.

MarketsReal Estatebond yieldsUS Treasuriesmortgage rates

EeuronewsOriginal★★★☆☆2026-09-25 09:08

European bond yields ease after sell-off as US mortgage rates hit Trump-term high

U.S. Treasury yields edge higher as global bond rout slows

U.S. Treasury yields continued to rise into the end of the week after a global bond selloff and stronger-than-expected U.S. economic data, even as the broader bond rout began to slow.

MarketsU.S. Treasuriesbond marketyields

CCNBCOriginal★★☆☆☆2026-09-25 08:08

U.S. Treasury yields edge higher as global bond rout slows
U.S. Treasury yields edge higher as global bond rout slows

Bank of Russia buys $23.56 mln worth of yuan on September 24

The Bank of Russia bought 2 billion rubles ($23.56 million) worth of yuan on the domestic market, with settlement on September 24, 2026. Purchases settled the previous day amounted to 1.9 billion rubles. The operations are conducted through the yuan-ruble instrument on the Moscow Exchange currency market.

Macro & central banksMarketsBank of Russiayuanforeign exchange

TTASSOriginal★★☆☆☆2026-09-25 08:03

Bank of Russia buys $23.56 mln worth of yuan on September 24

Asia-Pacific hotels become ‘most compelling’ investment amid travel growth and flat supply: CBRE

Investor interest in hotel assets rose in Hong Kong and across Asia-Pacific in the first half of the year as stronger travel demand and limited supply supported property values, CBRE said. Hotel investment in the region reached US$8 billion, up 21 per cent year on year, with Japan, mainland China and South Korea drawing the most activity.

MarketsReal EstateAsia-Pacific hotelsreal estate investmenttravel demandCBRE

SSouth China Morning PostOriginal★★☆☆☆2026-09-25 08:00

Asia-Pacific hotels become ‘most compelling’ investment amid travel growth and flat supply: CBRE
Asia-Pacific hotels become ‘most compelling’ investment amid travel growth and flat supply: CBRE

Canada seeks new role in global economy

As trade ties with the United States continue to fray, Canada is looking for a new place and new partners in an increasingly fragmented global economy. Prime Minister Mark Carney is pursuing more foreign investment and closer relationships with the European Union and Asian economies.

Macro & central banksMarketsTrade & sanctionsCanadaglobal economyforeign investmenttrade relations

FFrance 24Original★★★☆☆2026-09-25 07:46

Canada seeks new role in global economy
Canada seeks new role in global economy

Russian stock market declines at start of trading session

Russia’s stock market opened lower in the main trading session. Moscow Exchange data showed the MOEX and RTS indexes each down 0.53% at 2,300.19 and 853.44 points; by 9:15 a.m. Moscow time, both had fallen 0.76%. The yuan initially rose against the ruble before reversing to 12.5835 rubles.

MarketsRussian stocksMoscow Exchangeyuanruble

TTASSOriginal★★☆☆☆2026-09-25 07:35

Russian stock market declines at start of trading session

Live updates: Bitcoin steadies near $84,000 as bond selloff pauses

Treasury yields have retreated from multi-decade highs and oil prices slipped amid reports of a phased U.S.-Iran deal. About $14 billion in bitcoin options are due to expire on Deribit on Friday.

MarketsCryptoCompanies & industryBitcoinbond marketTreasury yieldsU.S.-Iran deal

CCoinDeskOriginal★★☆☆☆2026-09-25 07:09

Live updates: Bitcoin steadies near $84,000 as bond selloff pauses
Live updates: Bitcoin steadies near $84,000 as bond selloff pauses
  • Bonds can keep falling

    Bond prices may continue to decline — a trend that is easy to explain but difficult to live with.

    bondsfinancial marketsinvesting

    FFinancial Times★★☆☆☆2026-09-25 05:30Original

Dollar set for back-to-back weekly gains as Treasury yields surge and Fed hike bets grow

The dollar was on track on Friday for its first consecutive weekly gains in more than three months. Surging Treasury yields and growing expectations of further Federal Reserve rate hikes kept the currency near multi-month highs.

Macro & central banksMarketsUS dollarTreasury yieldsFederal Reserveinterest rates

RReutersOriginal★★☆☆☆2026-09-25 06:35

Dollar set for back-to-back weekly gains as Treasury yields surge and Fed hike bets grow
Dollar set for back-to-back weekly gains as Treasury yields surge and Fed hike bets grow

HSBC, Hang Seng to unify Hong Kong staff benefits from January

HSBC and Hang Seng Bank will harmonise employee-benefit frameworks across Hong Kong from January 1, according to internal memos. The change is intended to simplify administration, create a shared standard and support internal career mobility between the two lenders. HSBC Hong Kong CEO Maggie Ng said most existing benefits would improve.

MarketsBanking & financeCompanies & industryHSBCHang Seng Bankemployee benefitsHong Kong

SSouth China Morning PostOriginal★★☆☆☆2026-09-25 05:26

HSBC, Hang Seng to unify Hong Kong staff benefits from January
HSBC, Hang Seng to unify Hong Kong staff benefits from January

Ondo unlocks BlackRock portfolio strategies, but only non-US traders benefit

Ondo Finance launched three on-chain portfolio tokens on Sept. 24 using strategies developed by BlackRock for the company. The tokens provide economic exposure to diversified baskets but are securities issued by Ondo, not interests in BlackRock funds. Only eligible non-US investors who complete onboarding can mint and redeem directly with Ondo; other holders must rely on third-party buyers for an exit.

MarketsCryptoOndo FinanceBlackRocktokenized assetsportfolio strategies

CCryptoSlateOriginal★★☆☆☆2026-09-25 05:20

Ondo unlocks BlackRock portfolio strategies, but only non-US traders benefit
Ondo unlocks BlackRock portfolio strategies, but only non-US traders benefit

Trump raised weak yen with Takaichi, Japan finance minister says

Japan’s finance minister, Satsuki Katayama, said Donald Trump discussed the weak yen with Takaichi. She signalled that Tokyo could undertake fresh currency intervention with US Treasury Secretary Scott Bessent’s backing.

MarketsJapanyencurrency intervention

FFinancial TimesOriginal★★★☆☆2026-09-25 04:58

Trump raised weak yen with Takaichi, Japan finance minister says

Shanghai Gold Exchange pushes more Chinese banks to end retail leverage trading

At least a dozen Chinese banks plan to wind down leveraged precious-metals trading for retail investors, who use margin to speculate on gold and silver contracts without owning the metal. Sources at two banks, including ICBC, said the Shanghai Gold Exchange mandated the latest withdrawals amid sharp swings in international gold prices.

MarketsEnergy & commoditiesBanking & financeCompanies & industrygold tradingChinese banksShanghai Gold Exchange

SSouth China Morning PostOriginal★★★☆☆2026-09-25 03:00

Shanghai Gold Exchange pushes more Chinese banks to end retail leverage trading
Shanghai Gold Exchange pushes more Chinese banks to end retail leverage trading

Asian stocks weather bond storm as oil retreats slightly

Asian shares held steady on Friday despite a relentless bond selloff that drove longer-dated U.S. yields to two-decade highs. The jump in yields is raising borrowing costs worldwide and putting elevated equity valuations at risk.

MarketsEnergy & commoditiesAsian stocksbond selloffU.S. yieldsoil prices

RReutersOriginal★★★★☆2026-09-25 02:50

Asian stocks weather bond storm as oil retreats slightly
Asian stocks weather bond storm as oil retreats slightly

Why bond yields are rising and why everyone should care

Changes unfolding in the bond market may seem distant and abstract, but their effects will be felt by nearly everyone.

Macro & central banksMarketsbond yieldsbond marketeconomy

TThe Associated PressOriginal★★★★☆2026-09-25 01:30

Why bond yields are rising and why everyone should care
Why bond yields are rising and why everyone should care

The Live Conversation: Family Wealth Enters a New Era

SCMP’s “Redefining Hong Kong: Next Generation Wealth 2026” conference on September 21 brought regulators, family principals, advisers and next-generation leaders together in Hong Kong to examine the city’s ambitions as an Asian hub for family wealth, succession planning and cross-border capital allocation, and how inherited capital can become enduring enterprise.

MarketsHong Kongfamily wealthsuccession planning

SSouth China Morning PostOriginal★★☆☆☆2026-09-24 23:00

The Live Conversation: Family Wealth Enters a New Era
The Live Conversation: Family Wealth Enters a New Era

History shows financial calamities strike when rates rise this fast: ‘Something always breaks’

The 10-year Treasury yield is surging to levels not seen in years, potentially signaling trouble for financial markets. History suggests that rapid increases in interest rates can precede financial calamities, with something eventually breaking.

Macro & central banksMarketsTreasury yieldsinterest ratesfinancial markets

CCNBCOriginal★★☆☆☆2026-09-24 20:57

History shows financial calamities strike when rates rise this fast: ‘Something always breaks’
History shows financial calamities strike when rates rise this fast: ‘Something always breaks’

CFTC says U.S. commodities firms can invest in tokenized assets and use blockchain records

The U.S. derivatives regulator is continuing to develop guidance that welcomes tokenization and blockchain recordkeeping as standard elements of the commodities industry.

MarketsEnergy & commoditiesCryptoBanking & financeCompanies & industryCFTCtokenized assetsblockchain

CCoinDeskOriginal★★★☆☆2026-09-24 20:04

CFTC says U.S. commodities firms can invest in tokenized assets and use blockchain records
CFTC says U.S. commodities firms can invest in tokenized assets and use blockchain records

The Stock-Token Debate and the Gap No One Can Close Alone

The dispute over Robinhood’s AMC token has centered on which tokenization model is legitimate, while the SEC has drawn a boundary. Bullish’s Tram Doman argues that the next question is what must be true for any of these efforts to function as a market.

MarketsCryptoStock tokensRobinhoodAMCTokenization

CCoinDeskOriginal★★☆☆☆2026-09-24 20:03

The Stock-Token Debate and the Gap No One Can Close Alone
The Stock-Token Debate and the Gap No One Can Close Alone

Bond bombshell

Borrowing costs have moved abruptly higher.

Marketsbond marketborrowing costs

FFinancial TimesOriginal★★☆☆☆2026-09-24 20:00

Bond bombshell

US Treasury accepted $4.078 billion in buyback operation

The US Treasury said it bought back $4.078 billion of 20- to 30-year bonds in its ongoing program to support market liquidity. Investors offered $10.468 billion in bonds during the operation, while the department had earlier set a maximum purchase of $6 billion.

MarketsUS Treasurybond buybackmarket liquidity

RReutersOriginal★★☆☆☆2026-09-24 19:05

US Treasury accepted $4.078 billion in buyback operation
US Treasury accepted $4.078 billion in buyback operation

NYSE builds the infrastructure for a potential $5.5 trillion tokenized-asset market

NYSE has signed a memorandum of understanding with Blockchain.com that could make the crypto platform a gateway to its planned 24-hour venue for tokenized US stocks and ETFs, subject to regulatory approval. The agreement also creates a two-way market-data relationship. NYSE is pursuing crypto-native distribution ahead of the venue’s launch as Wall Street anticipates rapid growth in blockchain-based assets.

Macro & central banksMarketsCryptoNYSEtokenized assetsBlockchain.comcrypto markets

CCryptoSlateOriginal★★☆☆☆2026-09-24 19:00

NYSE builds the infrastructure for a potential $5.5 trillion tokenized-asset market
NYSE builds the infrastructure for a potential $5.5 trillion tokenized-asset market

Russian stock market ends Thursday mixed

The Russian stock market closed Thursday with mixed results, according to Moscow Exchange data. The MOEX Russia Index edged up to 2,312.35 points, while the RTS Index fell 0.6% to 857.94. The yuan weakened by ten kopecks to 12.6 rubles. Rising oil prices supported sentiment, but the budget draft and Finance Ministry fiscal initiatives weighed on trading.

MarketsRussian stocksMoscow Exchangemarket indexes

TTASSOriginal★★☆☆☆2026-09-24 18:14

Russian stock market ends Thursday mixed

Collapsing currency and inflation leave Sudanese families struggling

War and economic instability have weakened the Sudanese pound and driven up the cost of bread, sugar, meat, transport, healthcare and education. A tea and coffee seller in Port Sudan says higher earnings have been overwhelmed by rising business and household expenses. Annual inflation exceeded 41 percent in July, while black-market traders quoted 7,500 pounds to the dollar by September 22.

Macro & central banksMarketsSudaninflationSudanese poundwar economy

AAl JazeeraOriginal★★★★☆2026-09-24 17:03

Collapsing currency and inflation leave Sudanese families struggling
Collapsing currency and inflation leave Sudanese families struggling

Copper boom to boost Russia’s export revenue, attract investment — expert

Rapidly rising global copper demand could help Russia increase export revenue and draw investment into domestic mining and metallurgy projects, mining expert Pavel Gamov said. Russia supplies about 4% of the world’s refined copper, but sanctions, higher logistics costs and banking difficulties continue to weigh on suppliers.

MarketsEnergy & commoditiesTrade & sanctionsCompanies & industryRussiacopperexport revenueinvestment

TTASSOriginal★★★☆☆2026-09-24 16:26

Copper boom to boost Russia’s export revenue, attract investment — expert

Nigeria, US agree to deepen mining investment

Nigeria and the United States signed a new mining framework on the sidelines of the UN General Assembly, covering geological data, exploration, mineral development and processing, infrastructure and technical capacity. Nigeria says it wants more local refining, jobs and value from resources including lithium, gold and iron ore.

MarketsEnergy & commoditiesNigeriaUnited Statesmining investmentmineral resources

DDWOriginal★★★☆☆2026-09-24 15:46

Nigeria, US agree to deepen mining investment
Nigeria, US agree to deepen mining investment

Nabiullina outlines challenges with digital ruble, inflation and price stability

Central Bank Governor Elvira Nabiullina said the digital ruble rollout faces technical difficulties and cases in which clients do not fully understand the process, with participating banks working to resolve them. She said high inflation remains a concern for both the regulator and Russians, while cash demand has risen only slightly and the situation is stabilizing.

Macro & central banksMarketsBank of Russiadigital rubleinflationprice stability

TTASSOriginal★★★☆☆2026-09-24 14:15

Nabiullina outlines challenges with digital ruble, inflation and price stability