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Coverage spans equities, macroeconomic data, commodities, currencies, technology, politics, and global events—paired with analysis that highlights why each development matters for traders and investors. From breaking headlines to hourly market snapshots and in-depth articles, the News Hub is designed to help you stay informed, oriented, and ahead of market-moving events.
The Hang Seng has been confined to a narrow trading band between 25,200 and 26,200 on the 5-hour chart, with momentum indicators weakening and volatility compressed to 0.54%. Technical readings show short-term selling tired near the lower Bollinger Band but no clear breakout. Traders face a high-probability scenario where the eventual break of the …
Lower Saxony Premier Olaf Lies said there is intense pressure to settle outstanding differences over Volkswagen AG's restructuring plan within days. The automaker's supervisory board will meet on September 4 to consider a sweeping turnaround that could entail as many as 50,000 job cuts, potential factory closures and divestitures. Negotiations invo…
Asian technology stocks dropped sharply Monday after Federal Reserve commentary raised the odds of a September rate increase and renewed U.S.-Iran tensions sent oil prices higher. South Korea’s KOSPI led declines while Japan’s major indices eased. Memory-focused chip names that benefited from Nvidia-driven optimism were among the weakest, as invest…
Nepal's finance minister placed an initial reconstruction estimate at $4-$5 billion after a glacier collapse triggered destructive floods that killed hundreds and left thousands missing. The disaster damaged towns, roads, bridges and major hydropower projects, posing a substantial economic burden for a country dependent on remittances, tourism and …
Senator Flavio Bolsonaro, the principal opposition contender in Brazil's upcoming presidential contest, told a national television audience he will abide by the result of the October election and is campaigning within the existing electoral framework. He reiterated intentions to offer amnesty to participants convicted over the January 2023 Brasilia…
Shares of SK Innovation climbed sharply after its battery subsidiary, SK On, struck a multi-year supply arrangement with U.S. company NeoVolta for lithium iron phosphate cells. The agreement covers 9 gigawatt-hours of cells over five years beginning in 2027. South Korean media have reported a not-officially-disclosed value of about 1.5 trillion won…
Star Entertainment posted a statutory net loss after tax of A$307.3 million for the year ended June 30, wider than market expectations, and cautioned that difficult conditions would continue. The company pointed to weak table gaming revenue in New South Wales and a pending regulatory penalty as key headwinds while it works to restore profitability,…
Star Entertainment Group Ltd saw its shares decline after the company posted an annual net loss, pressured by weaker gaming demand and regulatory changes at its Sydney property. While headline losses continued, underlying operating performance and a major equity injection from Bally's Corporation provided signs of stabilization.
Liontown Resources rose after reporting its first underlying annual profit, driven by Kathleen Valley. Revenue climbed to A$639 million, underlying net profit after tax was A$14 million, and operating cash flow reached A$182 million. The company finished the year with A$561 million in cash and no net debt, and management said the planned ramp-up to…
Dick's Sporting Goods plunged after Q2 and weak Foot Locker metrics, but the selloff has pushed valuation to attractive levels: market cap ~$12.1B, P/E ~13.4, EV/EBITDA ~6.7 and a 3.6% yield. Technicals are oversold and an insider purchase shows conviction. Trade plan below for a mid-term rebound.
Liontown Resources reported its first annual net profit after tax as a rebound in lithium prices during the second half of the year, together with increased concentrate production, drove a substantial improvement in revenue, cash flow and earnings metrics. Management is prioritising reinvestment in the Kathleen Valley mine as it transitions to full…
U.S. Treasury Secretary Scott Bessent told Reuters that the recent depreciation of the yen appears to be "pretty well contained," and he is not urging the Bank of Japan to change its monetary policy. Bessent said he expects BOJ Governor Kazuo Ueda to act appropriately with backing from Prime Minister Sanae Takaichi, and noted that the recent yen dr…
U.S. stock index futures declined Sunday evening after American forces launched fresh strikes on Iran for the first time in weeks, a development that lifted oil and heightened market caution. Investors were already sensitive to a hawkish Federal Reserve tone after remarks by Chair Kevin Warsh at Jackson Hole, which increased the likelihood of anoth…
Oil futures climbed in Asian trading after U.S. forces struck two Iranian launchers on Larak Island, near the Strait of Hormuz. Brent and WTI each rose more than 1.5%, as analysts and traders reassessed risks to seaborne oil flows through a strategically vital waterway. The strikes and a reported Iranian missile response have heightened focus on su…
U.S. Treasury Secretary Scott Bessent announced a coordinated strategy of weekly secondary sanctions aimed at deterring global financial institutions from facilitating transactions linked to Iran. The administration is prioritizing the banking sector and signaling potential exclusion from the dollar-clearing system for noncompliant entities.
U.S. Treasury Secretary Scott Bessent has signaled that Washington will push G20 finance leaders to evaluate their commercial agreements with China, aiming to reduce global trade disparities and encourage a shift toward internal demand. With Chinese exports currently viewed as unsustainable, the administration plans to leverage multilateral dialogu…
U.S. Treasury Secretary Scott Bessent provided a measured assessment of recent foreign exchange dynamics, emphasizing that the Japanese yen’s latest depreciation remains well managed. The remarks align Washington and Tokyo on prioritizing predictable market conditions over reactive intervention as global financial leaders prepare for policy discuss…
Faraday Future Intelligent Electric completed its first Middle East order following the official August 28 launch of its regional business, delivering six robots. The company said it will introduce multiple products in September, including the Master Mini, and is advancing partner and distribution programs intended to expand commercial deployment a…
U.S. military forces conducted strikes on two Iranian launchers situated on Larak Island after observing Revolutionary Guard personnel readying rockets fitted with sea mines for possible deployment into the Strait of Hormuz. Iran's Revolutionary Guards reported casualties and vowed retaliation. The action marks the first U.S. strikes on Iranian pos…
In late May, Nepali and Chinese officials convened in Kathmandu to discuss cross-border monitoring and early-warning cooperation for glacier, flood and weather hazards. Nepali hydrologists say they pressed for more timely data on glacier movement and water levels but received limited operational information after the meeting. The shortfall in conti…
Insurance broker Aon is reportedly nearing an agreement to buy USI Insurance Services from private equity firm KKR for about $17 billion including debt, according to people familiar with the matter. The arrangement could be announced shortly if negotiations finish successfully. The report has not been independently verified and the companies involv…
President Trump said on social media that oil secured through the recent agreement with Venezuela will be used to refill the United States Strategic Reserve. The deal, announced Friday, reportedly gives U.S. interests majority control over 65 billion barrels of Venezuelan crude and is described as creating the world's second-largest private oil com…
Two of three U.S. Department of Agriculture research programs focused on cyclospora have been defunded and effectively shuttered after congressional funding was not approved, while the third project is slated to move from Maryland to Iowa this fall. Scientists working on the parasite have declined to relocate, and some are retiring or leaving the A…
Fortrea is showing the kind of operating leverage investors want to see in a contract research organization: positive free cash flow ($196M last reported), improving book-to-bill (1.15x), and margin tailwinds driven by technology products like Fortrea Intelligent Technology. The stock is trading near $18.90 with technicals supportive and a favorabl…
Perpetua Resources is a development-stage play on the Stibnite Gold Project in Idaho that benefits from a $2.9 billion U.S. government loan commitment, attractive implied upside to historical highs, and improving technicals. The company remains pre-production with negative earnings and cash burn, so this is a conviction long trade sized for risk-to…
