At the morning session close, China’s main futures contracts were mixed. Shanghai crude oil futures (SC) jumped over 9%. Container freight on the Europe route, ethylene glycol (EG) and methanol rose more than 5%; fuel oil gained over 4%; low-sulfur fuel oil (LU) and liquefied petroleum gas (LPG) climbed above 3%; benzene was up about 3%. On the downside, palladium fell nearly 6%; Shanghai silver and platinum dropped over 4%; lithium carbonate and Shanghai gold slipped more than 3%; 20# rubber, S

G20 presidency said central bank independence is vital for effective implementation of monetary policy.

Apple sued OpenAI in federal court in July 2026, accusing the company of stealing trade secrets and using Apple intellectual property to build its own consumer hardware. Apple alleges OpenAI executives and former Apple employees orchestrated a large-scale effort to obtain confidential information about unreleased Apple products and that OpenAI disclosed Apple secrets when engaging Apple partners. On Aug. 3 Apple sought a preliminary injunction to bar OpenAI from using the disputed information during litigation; OpenAI responded the same week with a blog post saying Apple is wrong and on Aug. 5 asked a federal judge to dismiss the case as meritless. In filings on Aug. 19 Apple pushed the case into discovery; on Aug. 31 OpenAI countered in court papers, saying Apple failed to safeguard its own information and is likely to lose. A hearing on the matter is scheduled for Oct. 1, 2026. Context: Apple and OpenAI began partnering in June 2024 when Apple integrated ChatGPT into iPhone, iPad and Mac, with OpenAI CEO Sam Altman attending Apple’s event. Signs of strain emerged in May 2025 after OpenAI acquired Jony Ive’s startup io for $6.4 billion and signaled an AI hardware push. In Jan. 2026 Apple shifted strategy toward software-led AI integration, partnering with Google to run Apple Intelligence features on Google’s Gemini model and cloud infrastructure.