BREAKING STORY

A specific event in the last few hours that changes something — an earnings surprise, a regulatory action, a policy decision, a deal.

Beijing Widens Bank Recapitalization Push With Fresh Capital Injection

China is directing tens of billions of dollars into state-controlled banks and insurers, with two separate reports citing figures of $53 billion and $45 billion in new bond-funded support.

China is recapitalizing major banks and insurers using a bond-funded program, with the Financial Times citing a $53 billion injection and Investing.com citing $45 billion in bonds for the effort.

BREAKING STORY

Japan's Reserves Post Record Drop After Yen Intervention; Aide Flags September BOJ Hike

August foreign reserves fell by the largest amount on record following heavy currency intervention, just as a reflationist aide to PM Takaichi floated a rate hike this month.

Japan's August foreign reserves posted their largest-ever drop after record intervention to support the yen, even as an aide to Prime Minister Takaichi said the Bank of Japan could hike rates in September.

BREAKING STORY

Amazon-Branded Cargo 767 Crashes Near Miami Airport

Conflicting early accounts describe either a runway overrun or a crash near the airport; cause and casualties are not yet confirmed in the reports reviewed.

A Boeing 767 cargo plane carrying the Amazon Prime Air logo was involved in an incident near Miami International Airport, with wire reports differing on whether it overran the runway or crashed.

BREAKING STORY

Oil On Track For Steepest Weekly Gain Since Mid-July On US-Iran Tensions

Chinese refiners are now paying record premiums for Russian ESPO crude as the market braces for wider Middle East disruption.

Crude is set for its sharpest weekly gain since mid-July after Israeli Prime Minister Benjamin Netanyahu called toppling Iran's government a 'central mission... within reach,' with the Trump White House reportedly weighing how to use the moment.

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