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Citigroup on Friday pushed its forecast for the Fed's first rate cut from October 2026 to June 2027 after August nonfarm payrolls beat expectations and the labor market remained broadly stable. The bank had previously penciled in three 25bp cuts in O

2026-09-04

Citigroup on Friday pushed its forecast for the Fed's first rate cut from October 2026 to June 2027 after August nonfarm payrolls beat expectations and the labor market remained broadly stable. The bank had previously penciled in three 25bp cuts in Oct and Dec 2026 and Jan 2027; it now expects 25bp cuts in June, Sept and Dec 2027.

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2026-09-04

Ban Kil-joo, a professor of international security studies at the Korea National Diplomatic Academy, stated that if South Korea decides to deploy military forces in the Strait of Hormuz, it will send an important signal to Washington, indicating that

Ban Kil-joo, a professor of international security studies at the Korea National Diplomatic Academy, stated that if South Korea decides to deploy military forces in the Strait of Hormuz, it will send an important signal to Washington, indicating that despite recent frictions on issues such as trade, South Korea remains willing to shoulder its responsibilities as an ally. He believes that the various options currently reported in the media (deploying maritime patrol aircraft, logistics support ships, and minesweeping and demining units) constitute a "moderate-intensity" military contribution, demonstrating South Korea's support for the international community in maintaining navigational safety in the Strait of Hormuz without constituting participation in military operations against Iran.
2026-09-04

Zhipu’s official Tmall flagship recorded a 50-fold jump in brand searches in the first 48 hours versus the prior period, driving AI token subscription transactions on Taobao/Tmall up more than 160% period‑over‑period. Tmall has also launched an AI Sp

Zhipu’s official Tmall flagship recorded a 50-fold jump in brand searches in the first 48 hours versus the prior period, driving AI token subscription transactions on Taobao/Tmall up more than 160% period‑over‑period. Tmall has also launched an AI Space Station (Token top‑up center), onboarding Alibaba Cloud, Zhipu, Kimi, MiniMax and DeepSeek; users can purchase model subscription services through the token top‑up interface similar to mobile prepaid recharges.
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