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2026-08-31

U.S. officials told Al Jazeera that troops are closely monitoring the area and are ready to protect free trade in the Strait of Hormuz.

U.S. officials told Al Jazeera that troops are closely monitoring the area and are ready to protect free trade in the Strait of Hormuz.
2026-08-31

The Bank of Korea warned the semiconductor boom could rekindle inflation if corporate and household income gains translate into consumption. It said rising semiconductor export prices have boosted purchasing power and that, if consumption accelerates

The Bank of Korea warned the semiconductor boom could rekindle inflation if corporate and household income gains translate into consumption. It said rising semiconductor export prices have boosted purchasing power and that, if consumption accelerates, demand may exceed current supply capacity — a demand-side price pressure the central bank cited as one reason for its recent string of atypical consecutive rate hikes.
2026-08-31

Financial Times reported large tech firms booked more than $160 billion of unexpected valuation gains last quarter from equity investments in other AI companies, lifting pre-tax profits. Alphabet, Amazon, NVIDIA and Microsoft said the accounting line

Financial Times reported large tech firms booked more than $160 billion of unexpected valuation gains last quarter from equity investments in other AI companies, lifting pre-tax profits. Alphabet, Amazon, NVIDIA and Microsoft said the accounting line "other income" was materially boosted by these one-off valuation gains. The gains largely reflect market enthusiasm for AI and could distort assessments of the AI ecosystem’s strength and cyclicality. Goldman Sachs' chief US equity strategist said investors are increasingly asking whether Reported growth is demand-driven or, to some extent, misleading.
2026-08-31

The University of Chile National Seismological Center reported a magnitude-5.1 earthquake struck Chile's northern Arica and Parinacota region at 12:04 local time on Aug. 30, with a focal depth of 108.25 km. No casualties or damage reported.

The University of Chile National Seismological Center reported a magnitude-5.1 earthquake struck Chile's northern Arica and Parinacota region at 12:04 local time on Aug. 30, with a focal depth of 108.25 km. No casualties or damage reported.
2026-08-31

According to the Financial Times, major tech companies have gained $160 billion in profits due to their stakes in other artificial intelligence companies.

According to the Financial Times, major tech companies have gained $160 billion in profits due to their stakes in other artificial intelligence companies.
2026-08-31

According to NBC News, U.S. Treasury Secretary Bessant and Federal Reserve Chairman Warsh have arrived in Asheville to attend the G20 finance ministers' summit. Sources familiar with the matter revealed that the two departed together from Andrews Air

According to NBC News, U.S. Treasury Secretary Bessant and Federal Reserve Chairman Warsh have arrived in Asheville to attend the G20 finance ministers' summit. Sources familiar with the matter revealed that the two departed together from Andrews Air Force Base.
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