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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.
Bitcoin Surges 5.8% to $81,779 as Yen Rally Weakens Dollar
Bitcoin jumped $4,469 to $81,779 in 24 hours as yen strength pushed the dollar lower. RSI at 75 signals overbought conditions.
Wrapped Bitcoin USD Climbs 5.4% to $81,287 as RSI Signals Overbought Conditions
WBTCUSD surged 5.4% to $81,287.81 in 24 hours with RSI at 67.55, trading above its 50-day average amid strong uptrend momentum.
Dogecoin Jumps 8.8% to $0.0888 as Volume Surges 67% Above Average
DOGEUSD rallied 8.8% to $0.0888 in 24 hours on volume 67% above its 30-day average, with RSI at 54 and ADX signaling a strong trend.
NBA Strips Clippers of 5 Draft Picks, Fines Ballmer $30M Over Kawhi Scheme
NBA penalizes LA Clippers with five first-round draft picks, $30M fine, and one-year suspension of owner Steve Ballmer for salary cap circumvention involving Kawhi Leonard.
Dell Philanthropies Begin $250 Grants to 25M Children via Trump Accounts
Michael and Susan Dell begin distributing $250 grants to eligible children’s Trump Accounts as part of a $6.25 billion commitment. Deposits started August 31 for lower-income families.
NBA Strips Clippers of Five Draft Picks, Fines $30M Over Kawhi Leonard Scandal
NBA penalizes LA Clippers $30 million and strips five first-round picks for salary cap violations involving Kawhi Leonard. Owner Steve Ballmer suspended one year.
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.
Royal Lodge to Open for Rent from October as Andrew Vacates
Royal Lodge, Andrew Mountbatten-Windsor’s former home, will be available for rent from October 2026. Tenants must pass security checks and cover £400,000 annual upkeep costs.