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Norway’s $2.3T Wealth Fund Cuts US Treasury Holdings by $75B
Norway’s $2.3 trillion sovereign wealth fund proposes cutting US Treasury holdings by $75 billion to diversify into riskier assets and boost returns amid rising US debt concerns.
Square Enix Stock Falls 6% After Denying Privatization Rumors on September 2
Square Enix Holdings (9684.T) denies privatization rumors after stock jumped 7%. Company states it is not considering going private. Stock falls 6% on September 2 after denial.
Man Shot Dead in Merrylands West as Sydney Faces Second Mistaken Identity Killing
Man shot dead in Merrylands West, Sydney on September 2. Police investigating as possible mistaken identity shooting, the second in two days amid underworld violence.
Southbound Capital Nets HK$4.093 Billion in Hong Kong Stocks on September 2
Southbound capital recorded net purchases of HK$4.093 billion in Hong Kong stocks on September 2, with Tencent drawing over HK$1.1 billion. Mainland investors shift toward high-dividend sectors amid rising interest rates.
Singapore Food Agency Ramps Up Cabbage Testing After Formaldehyde Scandal
Singapore Food Agency increases cabbage testing following reports of formaldehyde use in China. The chemical, a known carcinogen, was illegally used to preserve vegetables during transport in Hebei province.
Wendell Berry, Kentucky Author and Agrarian Voice, Dies at 92
Wendell Berry, the Kentucky author and agrarian philosopher who published over 50 books and won the National Humanities Medal, has died at 92. He was a towering voice for sustainable farming and rural life.
Maggie Beer Holdings Posts $9.5M Loss After Shopify Migration Cuts Search Traffic
Maggie Beer Holdings posts $9.5M loss after Shopify upgrade cuts organic search traffic 38% in peak season. Hampers division sales fell 6.3% despite $800k emergency marketing spend.
Autodesk (ADSK) Stock Falls 4% Despite Q2 Earnings Beat as Fiscal 2027 Guidance Disappoints
Autodesk (ADSK) stock fell about 4% on August 28, 2026, even after the company beat Wall Street estimates in its fiscal second-quarter results. Autodesk posted $2.05 billion in revenue and $3.30 in adjusted EPS, both above expectations. Investors quickly turned their attention to the fiscal 2027 outlook. The strong Q2 numbers were not enough to…
Gold Price Today: MCX Gold Falls 0.51% to ₹1,58,189 Ahead of Jackson Hole Fed Speech
MCX gold fell 0.51% to ₹1,58,189 on August 28, 2026, as investors turned cautious ahead of Federal Reserve Chair Kevin Warsh’s Jackson Hole speech. Global spot gold remained near $4,604 per ounce after touching a three-month high of $4,696.18 earlier this week. The speech could influence expectations for US interest rates, the dollar and Treasury…