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Author: Admin
Gold price (XAU/USD) declines to near $4,445 during the early Asian trading hours on Tuesday. The precious metal loses momentum as ongoing tensions in the Middle East stoked concerns about inflationary pressures that could make the Federal Reserve hike interest rates. US President Donald Trump on Monday threatened to forcefully strike Iran after Washington and Tehran exchanged fire for the first time in a month. Meanwhile, Iran’s Revolutionary Guard Corps (IRGC) said it targeted US military bases in the two Middle Eastern countries in response to the first US strikes on Iran in weeks. The US military announced an attack Sunday on what it…
The United Kingdom Maritime Trade Operations (UKMTO) said on Monday that a tanker has reported being struck by three projectiles while sailing out of the Strait of Hormuz, Reuters reported.The incident was reported 17 nautical miles east of Khasab in Oman. No casualties or environmental damage reported.Market reactionAt the time of writing, the West Texas Intermediate (WTI) is up 3.22% on the day at $85.44. WTI Oil FAQs WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude. WTI is also…
On a beau s’appeler Superman, être taillé pour faire des bonds de plus de deux mètres de haut et courir les 100 mètres plus vite que le recordman Usain Bolt, il arrive toujours un moment où l’on perd ses superpouvoirs. Et on redevient Clark Kent. Comme tous les héros des temps modernes, celui façonné par Unitree n’a pas échappé à la gravité.Mi-août, le prodige de la robotique humanoïde avait vu son cours quadrupler. Ce n’était pas une erreur de calcul de la part des banquiers. Le marché avait été ébloui par la cape rouge. Sur le Star Market de Shanghai,…
Crowds of pedestrians cross a road outside the Taikoo Li Sanlitun shopping complex on August 22, 2026, in Beijing, China. Cheng Xin | Getty Images News | Getty ImagesHi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a snapshot of what I’m seeing and hearing from local businesses.As more Chinese companies than ever look outside China, foreign businesses wonder whether they should stay. A consulting giant has some unconventional reasons for why the answer is yes.The big storyChina is not headed for Japan-style stagnation — or about to see major…
Government debt markets have been around since the city-state of Venice issued its first bonds in 1171, but public debt only became tradable in the English-speaking world six centuries later.Contemporaries held conflicting views about the development. Several leading members of the Scottish Enlightenment were downbeat. As government debt across the developed world escalates, their concerns are proving timely.In his book, A Fabulous Debt: The Epic Story of How Bonds Built the Modern World, Financial Times journalist Robin Wigglesworth explains how Britain’s geopolitical ascendancy was inexorably linked to its public finances, and in particular its ability to issue vast quantities of…
EquitiesJAPEX, Mebuki Financial boost ROE targets, looking to buck trendThe Nikkei Stock Average has seen increased volatility since reaching a record high on June 25. (Photo by Jumpei Kinefuchi)AKIRA INUJIMASeptember 1, 2026 06:18 JSTTOKYO — Rising interest rates have hampered Japanese equities in recent weeks by lifting the companies’ cost of capital — and the return demanded by investors — exacerbating volatility caused by sharp fluctuations in artificial intelligence stocks.
Bitcoin (BTC-USD) opened at $77,695.48 on Monday, August 31, 2026, 0.7% lower than Sunday’s opening price. As of 9:06 a.m. ET this morning, the price of bitcoin moved up to $77,999.80. Ethereum (ETH-USD) opened at $2,417.98 on Monday, August 31, 2026, down 1.6% from Sunday’s opening price. The price of ethereum moved higher this morning to $2,453.78 as of 9:06 a.m. ET. Last week we featured an article titled, “Bitcoin’s Next Test Is $80,000 as Jackson Hole Meeting Looms.” So far, bitcoin isn’t passing the test. Despite prices rising in early trading this morning, both bitcoin and ethereum are down…
Sometimes, there’s nothing better than an iced cold beer in the summer heat. Other times, there’s nothing more anxiety-inducing than trying to drink 4,496.33 gallons of beer before the police come knocking on your door. That’s exactly what’s happening this week after Pabst Blue Ribbon made an announcement asking the public for help finding truckloads of beer stolen from a distribution center in Montclair, Calif. “STOLEN— 40,000lbs of beer,” it posted on Instagram. “We don’t fault you for wanting to brag to your friends how much PBR you have, we just wish you obtained it the honorable way.” The company…
The Securities and Exchange Commission’s proposal to let public companies report financial results twice a year instead of quarterly could complicate private equity valuations, leaving fund finance teams with fewer current benchmarks while they continue producing quarterly marks. The proposal would allow public companies to file a new Form 10-S instead of quarterly reports on Form 10-Q.
HONG KONG, CHINA – JANUARY 05: A general view of the BYD Auto showroom on January 5, 2026, in Hong Kong, China. (Photo by Sawayasu Tsuji/Getty Images)Sawayasu Tsuji | Getty Images News | Getty ImagesShares of Chinese electric-vehicle giant BYD fell nearly 5% in Hong Kong on Monday, following the release of its interim results on Friday. BYD’s second-quarter net profit stood at 8.2 billion yuan ($1.2 billion), up 30% from a year earlier, while revenue fell 3% year on year to 194.6 billion yuan, according to Citi following the release of the automaker’s results.For the first half, BYD reported revenue…