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The China Earthquake Networks Center officially reported that a magnitude 3.0 earthquake occurred at 16:43 on August 28 in Changning County, Yibin City, Sichuan Province (28.33 degrees north latitude, 104.98 degrees east longitude), with a focal dept

2026-08-28

The China Earthquake Networks Center officially reported that a magnitude 3.0 earthquake occurred at 16:43 on August 28 in Changning County, Yibin City, Sichuan Province (28.33 degrees north latitude, 104.98 degrees east longitude), with a focal depth of 5 kilometers.

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2026-08-28

SoftBank Group is seeking a $10bn two-year loan to refinance debt tied to its investment in US AI firm OpenAI, people familiar with the matter told foreign media. The loan would carry a spread of about 275 bps over SOFR, with Mizuho designated as lea

SoftBank Group is seeking a $10bn two-year loan to refinance debt tied to its investment in US AI firm OpenAI, people familiar with the matter told foreign media. The loan would carry a spread of about 275 bps over SOFR, with Mizuho designated as lead arranger and bookrunner. Part of the proceeds may be used to repay a $40bn bridge loan SoftBank raised earlier this year to fund the OpenAI stake. Commitment deadline is Aug 31 and several banks are in talks to participate. SoftBank is also considering $10–20bn of bond issuance to help refinance the bridge and plans a record ¥1 tln domestic retail bond offering.
2026-08-27

US 4-week Treasury bill auction bid-cover ratio 2.73 on Aug. 27, down from 2.84 at the prior auction.

US 4-week Treasury bill auction bid-cover ratio 2.73 on Aug. 27, down from 2.84 at the prior auction.
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