Forex
Chinese hackers ramp up cyberattacks using DeepSeek AI tools
Researchers report state-linked groups have more than doubled attack volumes since adopting open-source AI models. Hacking collectives target corporate infrastructure via email systems and domain mapping.
Iran threatens retaliation after U.S. expands sanctions to 60 targets
Tehran warns of 'heavy blows' to U.S. interests following Washington's latest sanctions package, as regional tensions escalate amid reduced oil flows through the Strait of Hormuz.
U.S. Treasury sanctions 60 entities in new economic campaign against Iran
Washington targets digital assets, tech, gold, aviation and shipping sectors as Trump administration escalates pressure on Tehran. China and Russia remain outside initial sanctions list.
U.S. warns nations to halt Iran ties or face sanctions by deadline
Treasury Secretary Scott Bessent sets deadline for countries to end activities with Iran; Trump personally lobbies global leaders. Measures target financial and trade engagement.
U.S. removes Syria from State Sponsors of Terrorism list
State Department delists Syria after congressional review, following an earlier 2026 announcement. Treasury issues formal notification.
Germany's budget deficit hits 3.1% of GDP in H1, breaches EU limit
Deficit surges to €71.3 billion as federal shortfall widens by €29 billion year-on-year, driven by defense spending and subsidies. Rising borrowing costs compound fiscal strain.
Japan weighs tax breaks on sales of non-core assets to spur restructuring
Proposal would defer 30% of corporate tax on divestitures if proceeds are reinvested in core operations, modeled after Germany’s 2000s reforms.
Citadel warns U.S. Treasury bond buybacks may weaken dollar
Citadel Securities says expanded buyback program could fuel inflation and pressure the greenback as long-term yields remain elevated.
Chinese cyber groups double attacks using DeepSeek AI tools
Taiwanese research firm TeamT5 reports state-linked hackers have increased attack volumes by over 100% since adopting open-source AI models, with DeepSeek cited as the primary tool due to minimal restrictions.
Gold nears 4,650 after 200-day SMA breakout, faces key resistance
The yellow metal advances toward a 50% Fibonacci retracement target after clearing its 200-day moving average. Analysts warn of potential consolidation as momentum flags at overbought levels.
Brent crude falls below $91 as technical breakdown accelerates
Brent oil futures slipped to $90.64 after failing to hold above key resistance, with traders eyeing further downside toward $85.67. Technical indicators signal a shift to bearish momentum.
Trump threatens 50% tariffs on Canadian cars, trucks from 2027
U.S. president proposes levies on all Canadian-made vehicles and parts amid collapsed trade talks. Auto stocks fall as supply chains face disruption.
Used business jet inventories fall 45% in August as supply tightens
Jefferies data shows inventories of newer jets dropped to 1,009 units, with pricing up 3% year-over-year amid reduced availability across all categories.
EUR/USD reversal signals emerge as US long-end yields weigh ahead of Bessent remarks
Technical indicators warn of potential pullback after back-to-back gravestone dojis, while US Treasury plans and Fed dynamics shape near-term direction.
SpaceXAI to deploy Nvidia Vera CPUs for AI infrastructure expansion
SpaceXAI will integrate Nvidia's Vera CPUs to power next-gen AI systems, including the Grok platform, with Vera Rubin systems planned for orbital deployment. Deployment targets faster task execution across key workloads.
Nvidia unveils Groq 3 LPX AI inference accelerator with 3,400 tokens/sec output
New chip accelerates AI inference, doubling token generation speeds in benchmark tests using the Gemma 4 31B model. Nebius to deploy first units via its Token Factory platform.
Putin orders state takeover of poorly protected critical infrastructure
Russian president authorizes temporary seizure of energy, transport and logistics assets after Ukrainian drone strikes disrupt fuel supplies and commerce.
Moody’s affirms Sri Lanka’s Caa1 rating with stable outlook
Ratings agency cites progress under IMF program but warns of lingering fiscal and external vulnerabilities. Debt burden remains near 95% of GDP in 2026.
Mynd.ai unveils AI tools for education and workplace via Promethean, Explain Everything
New AI-powered engagement and support features integrate with Promethean ActivSuite and Explain Everything, launching in Q4 2026 with local data processing by default.
Faulty circuit disrupts fuel flow at Buffalo airport, delays flights
Electrical failure at Buffalo Niagara International Airport halts fuel transfer, prompting FAA NOTAM and temporary diversions. NFTA denies fuel shortage amid operational disruption.
Buffalo airport says circuit fault, not fuel shortage, caused flight delays
A faulty electrical circuit disrupted fuel transfer at Buffalo Niagara International Airport, prompting three overnight delays. The airport denied any fuel shortage as repairs were underway.
Russia rejects any NATO troop deployment in Ukraine
Kremlin spokesman Dmitry Peskov reiterates Moscow’s opposition to foreign military presence in Ukraine as NATO discussions continue. No details provided on potential deployment timing or scope.
Qatar offers to mediate in U.S.-Iran sanctions dispute
Qatar backs diplomatic efforts to resolve tensions over Washington’s unilateral sanctions on Tehran. The move follows rising regional economic pressures tied to the dispute.
Global markets await U.S. data as trade tensions weigh
Wall Street slipped Monday as Canada's dollar fell after new U.S. tariffs took effect. Investors brace for a data-heavy week including Nvidia earnings and U.S. housing figures.