Iran's foreign minister Araghchi said Trump's reference to an economic "D-Day" is a US ploy to divert attention from domestic crises.

Global banks including BofA, Citigroup, Goldman and JP Morgan have halved financing costs for leveraged exposure to Korean-listed SK Hynix in recent weeks, sources say, after the stock’s US listing and a rout in AI-related names. Banks are now offering clients exposure via swaps at roughly SOFR +150–300bps. In mid‑June some banks had been quoting above SOFR +1,000bps for new or renewed SK Hynix swap positions. SOFR has traded between 3.50% and 3.69% since May 1. Earlier, as an AI-driven surge pushed SK Hynix about 11x in the 12 months to June 22, banks constrained capacity, priced repo financing extremely high or declined requests over concentration and repo-cost concerns; several that previously refused are now seeking new swap business.

China’s State Council published amendments to the Housing Provident Fund Management Regulations, effective Sept. 20. Listed property-services and property-management stocks moved following the announcement. Wo Ai Wo Jia said share moves reflect multiple factors and highlighted business presence beyond Beijing, notably in Shanghai, Suzhou, Hangzhou and Nanjing. Shilianhang said its operations divide into large transactions (primary-market agency sales) and asset management (property and apartment management); primary-sales are concentrated in Guangzhou, Shenzhen and Huizhou, the company does not cover the secondary-market and property operations show strong regional divergence. Nandu Property said the allowance for provident fund payments of property fees is not yet in force and currently has limited near-term impact on fundamentals; refer to the company’s interim report for performance details.