U.S. President Trump stated that we should have the lowest interest rates in the world, and the promised $5,000 (subsidy) after the election should be easy for Congress to pass. I always keep my promises. The war with Iran will end, possibly before or right after the midterm elections. Iran is very eager to reach an agreement. I don't care whether Gulf countries meet with Iran; that is their choice. Ukrainian President Zelensky must do one thing: he must stop attacking Russian diesel fuel. We have discussed this with Ukrainian President Zelensky. (Regarding Irish unification) bringing the North and South together is natural. I will not talk about Scotland for now; I will reserve that topic.
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Trump: We Should Have the Lowest Interest Rates Globally
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Trump: Iran War Will End, Possibly Before Midterm Elections
On September 13, U.S. President Trump stated that the Iran war will end, possibly before the midterm elections or immediately after. Iran is very eager to reach an agreement. He does not care whether Gulf countries meet with Iran, as that is their choice. When asked if the artificial intelligence industry should slow its development pace, Trump stated that whoever wins in artificial intelligence will win the future. -
Hassett: Cautious Approach to Interest Rate Hikes
On September 3, White House economic advisor Hassett stated that he would take a cautious approach to interest rate hikes based on inflation data. Previously, when asked whether the Federal Reserve would raise rates in its decision next week, Trump said, 'I don’t know, but we should have the lowest interest rates in the world.' (CLS) -
Trump: Whoever Wins AI, Wins the Future
On September 3, U.S. President Trump was asked whether the artificial intelligence industry should slow its development pace. He stated that whoever wins in AI will win the future. We can set up protections regarding AI, but some voices are overly negative. (CLS) -
AI Hedge Fund Faces Huge Losses, JPMorgan Terminates Lending Partnership
On September 13, according to CCTV Finance, American investment bank JPMorgan has terminated its lending services to the AI-themed hedge fund 'Situational Awareness.' Founded by a former OpenAI researcher, the fund has suffered significant losses due to leveraged investments related to AI, pushing it to the brink of collapse and prompting JPMorgan to cut ties. Data shows that in July this year, there was a systemic pullback in global tech stocks, leading to a substantial decline in the fund's net value, with a monthly drawdown of approximately 67%. -
Circle Acquires Tazapay to Expand into Emerging Markets
Circle has acquired Tazapay to expand into emerging markets and enhance the competitiveness of USDC in these regions, which are seen as the next battleground for stablecoins. (Bloomberg) -
Trump: We Should Have the Lowest Interest Rates Globally
U.S. President Trump stated that we should have the lowest interest rates in the world, asserting that the promised $5,000 (subsidy) post-election should be easy for Congress to pass. I always keep my promises. The war with Iran will end, possibly before or right after the midterm elections. Iran is very eager to reach an agreement. I don't care if Gulf countries meet with Iran; that is their choice. Ukrainian President Zelensky must do one thing: he must stop attacking Russian diesel fuel. We have had discussions with Ukrainian President Zelensky. (Regarding Irish unification) Bringing the North and South together is natural. I will not discuss Scotland for now; I will reserve that topic. -
Circle Acquires Tazapay to Expand into Emerging Markets
Circle has acquired Tazapay to expand into emerging markets and enhance the competitiveness of USDC in these regions, which are seen as the next battleground for stablecoins. (Bloomberg) -
Zhipu Secures $5 Billion Financing Through Zero-Coupon Convertible Bonds and Premium Share Placement
On September 13, Zhipu (02513.HK) announced the completion of approximately $5 billion in financing, which includes around $2 billion from a share placement and about $3 billion from the issuance of convertible bonds. This financing is primarily aimed at developing the next-generation GLM model, a fully self-training system, and related computing infrastructure. According to the announcement, the share placement price is set at HKD 714 per share, representing a discount of approximately 9.96% compared to the closing price before the announcement, with the placed shares accounting for about 4.50% of the expanded issued capital. The convertible bonds are structured as zero-coupon bonds, issued at 100.5% of the principal, redeemable at maturity at par value; the initial conversion price is set at HKD 892.50 per share, which is a 25% premium over the placement price and approximately 12.55% over the closing price prior to the announcement. The combination of zero-coupon and premium issuance serves as an important signal for this round of financing. With the R&D budget and funding arrangements becoming clearer, Zhipu is enhancing its capital foundation for ongoing training experiments, advancing model iterations, and improving its computing system, thereby strengthening its position in the upcoming competition for leading global models. -
Iranian Cargo Ship Attacked, 1 Dead and 4 Injured
On September 13, the Islamic Republic News Agency reported, citing local Iranian officials, that an Iranian container cargo ship was attacked by an unidentified projectile near the Strait of Hormuz, resulting in 1 death and 4 injuries. (Xinhua) -
ETH Falls Below $2500
Market data shows that ETH has fallen below $2500, currently priced at $2498.62, with a 24-hour decline of 1.19%. The market is experiencing significant volatility, so please ensure proper risk management.
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