BRICS issued a joint statement expressing serious concern about a rise in unilateral tariffs and trade-distorting non-tariff measures, saying those actions are inconsistent with WTO rules.

Iranian President PEZESHKIAN said U.S. pressure on Tehran has reached a 'dangerous' stage.

Goldman Sachs raised Lvde Xiebo’s 12-month target price to 285.1 yuan from 186.7 yuan but kept a MAINTAIN rating, saying the valuation uplift reflects extending its valuation horizon to 2035 to capture humanoid-robot long-term upside rather than higher near-term earnings. Goldman forecasts global humanoid-robot shipments of about 890k by 2030 and 6.5m by 2035; it projects Lvde Xiebo’s humanoid-robot revenue at 5.7 bln yuan in 2030 and 30.5 bln yuan in 2035, representing roughly 84% and 94% of total revenue. The bank cut 2026–2030 profit forecasts and expects margin pressure as the company pursues aggressive price cuts and rapid capacity expansion, lifting depreciation and pushing long-run gross margin to about 30%. Goldman says Lvde Xiebo leads in humanoid-robot harmonic reducers, but its 12-month forward P/E of ~256x versus a historical average near 183x supports a neutral rating. (Goldman Sachs report, Sept. 10)