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Powell says shifting risks may warrant adjusting rates

Ahead of Powell’s speech, investors put odds of a cut next month at about 75%

Treasury yields tumbled, the S&P 500 extended gains and the dollar fell.

Boeing in talks to sell 500 planes to China: Sources

The two sides are hammering out terms of the complex aircraft sale, reports Bloomberg

Boeing has notched only 30 orders with Chinese carriers and leasing companies since the start of 2019.

Germany targets 8,300 drones, lagging NATO allies

Spending on unmanned defence system and autonomous weapons soar globally

German Defence Minister Boris Pistorius, right, during a drone demonstration in July.

Tencent investors eye path to record

Investors see chance for shares to finally regain former glory along tech mega caps

Tencent Investors Eye Path to Record in Cheap Stock Valuations

Bayer to pay $1.3b for Kumquat in push for cancer drug

Bayer to help fund development of an early-stage medicine for several types of cancer

Bayer branding.

Oil falls after weekly drop before Trump-Putin talks

Brent trades near $66 a barrel, after sliding 4.4% last week, while WTI above $63

Oil has lost more than 10% in 2025 as OPEC+ brings back production faster than initially planned, bringing to an end curbs made in 2023, even as slowing economic growth threatens to cut consumption.

Tokenisation boom? Wall St unconvinced: JPMorgan

Market for tokenised real-world assets remains relatively small, valued at about $25b

The total tokenised asset base remains “rather insignificant” according to JPMorgan strategists.

Joby to buy chopper ride-share company Blade for $125m

Deal involves stock or cash as Joby seeks to expand air taxi service

NYC Copter Startup Blade Aims At Uber Black With $195 Airport Trips

OPEC+ agrees big output hike for September

OPEC+ completes its current tranche of supply revival one year early

OPEC Secretary General Haitham Al-Ghais Interview

Pakistani tycoon joins hands with Chery for EV factory

Several auto companies, led by Chinese brands, have launched EVs in Pakistan

Mian Mohammad Mansha

Saudi Arabia seeks new study on The Line's feasibility

Saudi officials say this practice is common for large-scale, multi-year projects

The design for the 500-metre tall parallel structures, known collectively as The Line, in the heart of the Red Sea megacity Neom. The futuristic megacity in Saudi Arabia will feature two massive, mirror-encased skyscrapers that extend over 170 kilometres of desert and mountain terrain, ultimately housing nine million people.

NBA to explore expansion for first time in 20 years

NBA team values have boomed in recent years, making adding teams even more lucrative

The NBA last expanded in 2004 when a franchise in Charlotte, North Carolina, now called the Hornets, started play.

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