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The Ministry of Transport’s Pearl River Maritime Safety Administration said Typhoon Zitan (No.19) will force a full suspension of passenger and vehicle roll‑on/roll‑off ferry services across the Qiongzhou Strait from 09:00 on Aug 25, 2026. The suspen

2026-08-24

The Ministry of Transport’s Pearl River Maritime Safety Administration said Typhoon Zitan (No.19) will force a full suspension of passenger and vehicle roll‑on/roll‑off ferry services across the Qiongzhou Strait from 09:00 on Aug 25, 2026. The suspension is expected to last 1–2 days; resumption will depend on weather and will be announced.

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2026-08-24

Lanyun Software Technology Solutions signed a $150 million master services agreement with SpaceX's Malaysia unit (SPCX.O).

Lanyun Software Technology Solutions signed a $150 million master services agreement with SpaceX's Malaysia unit (SPCX.O).
2026-08-25

The U.S. Securities and Exchange Commission is investigating AI hedge fund Situational Awareness after a near-collapse and has issued subpoenas to major Wall Street banks that provided leverage to the fund. The SEC requested trade timestamps, communi

The U.S. Securities and Exchange Commission is investigating AI hedge fund Situational Awareness after a near-collapse and has issued subpoenas to major Wall Street banks that provided leverage to the fund. The SEC requested trade timestamps, communications between the banks and lenders about borrowed funds, and ordered preservation of all materials related to the fund. Situational Awareness, founded by former OpenAI researcher Leopold Aschenbrunner, peaked at over $30bn AUM and had borrowed tens of billions of dollars to lever positions. Late last month, declines in popular AI stocks and rallies in legacy tech names it had shorted produced rapid losses that forced a "sell-off liquidation"; the fund sold most of its equity portfolio to Citadel at a discount. The SEC said the probe is in its early stages and does not imply enforcement; the fund is not accused of wrongdoing and says it will "fully cooperate with any regulation request."
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