Forex
Kremlin accuses Finland's Stubb of fueling war after Kyiv remarks
Finnish president's call for deeper strikes into Russia drew sharp rebuke from Moscow, which labeled him part of a 'party of war' alongside London. NATO expansion cited as backdrop to tensions.
Qatar backs mediation to resolve U.S.-Iran sanctions dispute
Qatari foreign ministry says Doha supports diplomatic efforts to address Washington’s unilateral sanctions on Tehran, as regional tensions persist.
NIQ partners with OpenAI’s DeployCo to launch new AI products
Collaboration aims to expand NIQ’s AI suite with generative tools including NIQ Optiq Chat and Optiq Bridge, leveraging a 160PB data engine and global reach.
Landslide in Tibet kills 3, leaves 265 missing; Nepal toll hits 95
At least three confirmed dead and 265 missing in China’s Gyirong after Wednesday’s landslide, while Nepal reports 95 fatalities from downstream flooding. Rescue operations underway as authorities assess scope of disaster.
Alibaba’s Qwen debuts Qwen3.8-Flash AI model with 90% lower training costs
New model reduces training expenses by 89% compared to predecessor while expanding context window to 1 million tokens. Open-source weights released for Qwen3.8-Flash-Next prototype.
U.S. crude stocks rise, fuels inventories fall in EIA data
Crude oil inventories increased by 95,000 barrels last week, defying analyst forecasts, while gasoline and distillate stocks declined more than expected.
Australia’s Investment Slump Signals a Softening AUD – Why the Greenback May Gain Ground
A 3.6% drop in Q2 business investment and a 53% plunge in IT equipment spending raise questions about the AUD’s near‑term outlook and could tilt risk‑on sentiment toward the dollar.
Celesa to unveil Phase 3 trial design for deupirfenidone at ERS Congress
Celesa Therapeutics, a PureTech Health unit, will present trial design and drug-interaction data for its Phase 3 SURPASS-IPF study at the European Respiratory Society Congress in Barcelona.
Australia Q2 business investment drops 3.6% as data centre boom cools
Private capital spending fell short of forecasts in Q2, dragged down by a 53% plunge in IT equipment investment amid fading demand for data centres. Firms, however, raised their full-year spending outlook.
FDA clears Tivicay PD for HIV treatment in infants weighing 2 kg or more
U.S. regulator approves first second-generation integrase inhibitor for pediatric HIV patients in a new weight class. ViiV Healthcare’s dolutegravir formulation backed by NIH-funded trial data.
Citi sees limited impact from Warsh’s Jackson Hole remarks on dollar
Fed official’s speech unlikely to reverse dollar weakness as Citi shifts outlook bearish on the currency ahead of central bank symposium.
Intapp, Legora partner to integrate AI compliance and time tracking for law firms
Integration combines Legora’s AI governance with Intapp’s compliance and time-tracking systems to meet regulatory and billing requirements across 50 markets.
Canada to impose auto tariffs on U.S. automakers after trade talks collapse
General Motors, Ford and Stellantis face up to $3.5 billion in tariff costs as Canada retaliates with duties on steel, dairy and electronics. Canadian counter-tariffs take effect September 8.
Dollar weakens vs Swiss franc after Iran sanctions boost fades
The U.S. currency slips to 0.8024 francs after earlier gains from Iran sanctions faded. Investors await U.S. economic data and the Jackson Hole central-bank symposium.
Kremlin brands Finland's Stubb a 'war supporter' over Ukraine strikes stance
Finnish President Alexander Stubb's endorsement of Ukrainian strikes on Russian territory drew sharp criticism from Moscow. The Kremlin accused him of shifting to escalatory rhetoric inconsistent with earlier calls for normalizing ties.
U.S. designates Palestine Action as terrorist group, imposes sanctions
Washington targets far-left groups with new sanctions as Trump administration expands counterterrorism focus. Italy-based entity and Masar Badil also sanctioned.
Six-month Iran conflict reshapes global economy, military balance
Conflict disrupts energy flows, accelerates inflation and strains U.S. military resources as geopolitical tensions persist.
U.S. dismantles Chinese hacker operation targeting government agencies
Justice Department seizes domains linked to QScan and QRouter platforms used in espionage campaign. NASA, Fed among agencies reportedly infiltrated.
Oil falls for fifth straight day as Middle East supply risks ease
Brent and WTI crude decline on signs of easing tensions in the Strait of Hormuz, while U.S. distillate inventories hit record lows. Talks between Qatar and Iran add to market optimism.
Iran, Pakistan report progress in interim U.S. deal talks
Negotiations focus on restoring a temporary cease-fire and reopening the Strait of Hormuz after recent sanctions pressure from Washington. Oil markets react to reduced shipping traffic.
Japan debt-servicing costs to hit record 36.6 trillion yen in FY2027
Ministry of Finance data shows a 17.1% rise in debt-servicing costs to 36.64 trillion yen, driven by higher interest rates. The fiscal year begins in April.
Iran warns of retaliation after U.S. imposes new sanctions
Tehran vows countermeasures as Washington unveils targeted measures, while Pakistan mediates to ease tensions in the Strait of Hormuz. Oil transit through the key chokepoint drops to multi-month lows.
Agenus drug combo shows no colon cancer recurrence in mid-stage trial
Botensilimab and balstilimab combination achieved pathological responses in 59% of pMMR/MSS tumors and cleared ctDNA in 88% of patients before surgery.
Chugai files Japan approval application for Roche’s Vamikibart
Japanese unit of Roche seeks regulatory clearance for Vamikibart to treat uveitic macular edema, a condition that can lead to blindness if untreated.