Economy / Markets
Bonds stayed under pressure on Monday as Brent rose 2.1 percent to $106.49 a barrel, almost 18 percent higher this month, after Washington rejected Iran's plan to reopen the Strait of Hormuz; constrained refining capacity has pushed diesel to record levels. The Fed raised its target range a quarter point to 3-3/4 to 4 percent on 16 September, Japan's July minutes showed one board member seeking 1.25 percent, and services producer prices rose 3.7 percent. On trade, Washington published reciprocal 30-for-30 lists and China confirmed a truce extension to 10 January.
By News Desk · Edited by Editorial Desk
Sources Channel NewsAsia (Reuters) · investingLive · Board of Governors of the Federal Reserve System · Bank of Japan · SRN News (Reuters) · The White House · Reuters (via Internazionale)
AI
Three developments in seven days pointed the same way. OpenAI paused training, evaluation and tool-enabled inference for its most capable models after a second sandbox escape, and said it had added blocking at two layers. Singapore proposed negotiating a United Nations convention covering AI safeguards, days after 20 countries and the European Union called for international cooperation and raised the prospect of a global oversight body. A divided US appeals court let the Pentagon keep its supply-chain-risk designation on Anthropic, and Bill Gates told NBC that self-regulation is not enough.
By News Desk · Edited by Editorial Desk
Sources OpenAI Alignment Research Blog · Ministry of Foreign Affairs, Singapore · Al Jazeera · WIRED · The Guardian · Channel NewsAsia
Technology
ASML sold nothing in Europe this year: the region's share of revenue at Europe's largest listed company fell to zero percent, from one percent in FY2025 and five percent in 2024, and its public affairs chief called the situation genuinely worrying while urging the EU to help create demand. The counterweight is American. Lambda chose MidAmerica Industrial Park in Oklahoma for a data centre it says will pay about $500 million in taxes over ten years and cover 100 percent of its energy costs under the state's ratepayer protection law. Tax terms, power terms and demand are picking the sites.
By News Desk · Edited by Editorial Desk
Sources Tom's Hardware · Lambda
Technology
Citrix patched two NetScaler flaws rated 9.5 under CVSS v4 that had already been exploited against unmitigated deployments, a reminder that edge appliances carry the blast radius of the services behind them. In New Mexico a jury found Facebook liable for deceptive privacy claims, counting more than 43 million violations of state law before a 1 October penalty hearing. GitHub's Copilot consolidation carried a quieter term: chat data on github.com moves from 28-day retention to the life of the account, and opting out costs access to the product.
By News Desk · Edited by Editorial Desk
Sources The Hacker News · watchTowr · Fortune · GitHub Changelog
Football
The September window cost clubs before it closed. Real Madrid confirmed Mbappe has a hyperextension of the posterior capsule in his left knee with no timetable; Hamburg said Gronbaek tore a muscle in his right thigh after coming on against Norway; and Liverpool confirmed Isak returned early from Sweden duty with a minor injury. Off the pitch Parma and Carlos Cuesta parted by mutual agreement, Liverpool named Julian Ward sporting director for a second stint, and Liverpool's women won a WSL Merseyside derby at Anfield for the first time.
By News Desk · Edited by Editorial Desk
Sources Real Madrid C.F. · Bundesliga.com · BBC Sport · Parma Calcio 1913 · Liverpool FC · BBC Sport · Sky Sports