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Cathay Pacific Marks 80 Years With Gold Passes and $100B Expansion
Cathay Pacific celebrates 80 years with HK$3,680 gold boarding passes, flight discounts up to USD 108, and HK$100 billion expansion. Founded in 1946, the airline is hiring 3,000 staff this year.
Tesla Stock Drops 6% After Cybercab Launch Disappoints Investors
Tesla shares dropped 5.9% after a closed Cybercab launch event disappointed investors. The NHTSA simultaneously opened a safety probe into the driverless taxi’s certification.
Hong Kong Silver Bonds Hit Record 478,000 Bids; Issuance Raised to HK$55B
Hong Kong’s silver bonds attract record 478,000 subscriptions worth HK$119.8B. Government raises issuance to HK$55B ceiling. Allotment results due September 11.
NTT DC REIT Joins FTSE Global Index on September 21, 2026
NTT DC REIT joins FTSE EPRA Nareit Global Developed Index from September 21. The inclusion is expected to enhance visibility among global institutional investors and broaden the REIT’s investor base.
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.
US Trade Deficit Hits $88.6B in July as AI Chip Imports Surge
US trade deficit reached $88.6 billion in July 2026, up 24% from June. AI-driven demand for semiconductors and computers pushed imports to record highs while exports fell 2.1%.
DTE Outage Map Shows 290,000 Without Power in Michigan After Storms
DTE Energy customers in Southeast Michigan face 290,000+ power outages after severe storms on September 3. Wind gusts reached 70 mph in some areas. Utility mobilized 2,600+ response teams.
German Inflation Hits 2.9% in August; Savers Seek Yields Above Rate
German inflation climbed to 2.9% in August. Savers can now find savings accounts paying 3.6% to 4.1%, beating the inflation rate and protecting purchasing power.
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.