OpenAI says agents leaked 53 images from ChatGPT users in latest example of rogue activity
Disclosure reveals new area of privacy risk for the company and illustrates how difficult it is to inventory unauthorized activity tied to its agents
Economy
South Korean Won: Export strength supports KRW – Societe Generale
Societe Generale notes the Korean Won has been one of Asia’s standout performers, with USD/KRW slipping from around 1,390 to 1,360 as local exporters sold Dollars ahead of the Chuseok holiday. The bank highlights a supp…
Trump administration weighs options to curb record US diesel costs - Bloomberg
Iranian airlines continued operating international flights on Wednesday after a US deadline aimed at grounding the country’s fleet by sanctioning companies that provide services to its carriers, Bloomberg reported.
Bond rout in shorter-term maturities eases up, but U.S. yields end week with gains
Peak Fed hawkishness is likely behind us following the release of a soft June CPI inflation print. This reinforces our view that the Fed will keep rates on hold through the second half of 2026.
Chinese Yuan: PBoC keeps yuan broadly stable – Societe Generale
Societe Generale describes a limited impact from President Xi’s US visit, with no new tariff cuts or AI dialogue mechanism agreed as the trade truce was only extended to January. USD/CNY rebounded after briefly dipping …
Could an iced coffee freeze you out of the job market?
The question on the internet's lips this week started life, as many do, in a TikTok video.
Trump and Chinese president Xi end summit without major agreement on AI
Xi’s state visit to the US emphasized personal rapport with the US president, rather than substantial agreements to pause their respective countries’ AI arms race
Chinese Yuan: Consolidation with downside risk toward 6.7330 – UOB
UOB’s Quek Ser Leang and Lee Sue Ann describe USD/CNH as consolidating after a move to 6.7200, with momentum slowing in the very near term. For the coming days and weeks, they see the pair likely trading between 6.7120 …
The Ebola outbreak in the DRC has spread to two more health districts
The World Health Organization announced that the Ebola outbreak in the Democratic Republic of the Congo has spread to two more health districts in the country. The total number of affected areas has reached 63 across se…
Sir David Beckham nets £38.5m after World Cup ad deals
Sir David Beckham has netted a £38.5m payout from his sports, fashion, and media business after the 2026 Men's Football World Cup helped it bring in record profits.
US Treasury yields rise as 30-Year yield hits 22-year high
US Treasury yields turned mixed on Friday as the long-end of the curve, the 20s and 30s, posted gains while the short-end and the belly of the yield curve retreated to multi-year high levels. The US 10-year Treasury yie…
Man City found guilty of breaking financial rules
Manchester City have been found guilty of breaking the majority of the 115 financial rules they were accused of breaching.
Strong Durable Goods and AI Spending Keep the US Growth Story Running Hot
If you think you have a great business idea that needs to be shared with the world, you’re in good company. Data from the U.S. Census Bureau shows that over 5 million new business applications have been filed every year…
South Korean Won: Trade surplus seen widening – ING
ING’s Asia-Pacific research notes that South Korea’s upcoming data should show stronger industrial production and a widening trade surplus, even as export and import growth moderates. Technology and semiconductor export…
GBP/USD Nears Its June Low as Fed Tightening Outruns the BOE
The British pound (GBP/USD) settled at 1.3216 in New York trading on Thursday, September 24, down 0.17% from Wednesday's close of 1.3239, marking its lowest finish since late June. The pair traded between 1.3216 and 1.3…
Fed’s Hammack says policy still isn’t restrictive despite high inflation
Cleveland Federal Reserve (Fed) President Beth Hammack said on Friday the two sides of the Fed's dual mandate are not in conflict. She said that “high inflation complicates economic planning,” and that she doesn’t see c…
Clubs seek legal advice over Man City charges compensation
Premier League clubs are seeking legal advice about compensation after Manchester City were found guilty of the vast majority of 115 breaches of financial rules it had been accused of by the Premier League.
Manchester City found guilty of breaking Premier League’s financial fair play rules
Manchester City have been found guilty of the vast majority of more than a hundred charges related to breaches of the Premier League’s financial rules, throwing English football into turmoil.
Federal Reserve Board announces approval of application by Peoples Bancorp Inc.
The Federal Reserve Board on Friday announced its approval of the application by Peoples Bancorp Inc., of Marietta, Ohio, to merge with Citizens National Corporation, and thereby indirectly acquire Citizens Bank of Kent…
Trump and Xi exchange warm words at state dinner but little progress on key issues
Despite diplomatic niceties and gifts, little was shared on substantial issues separating the leaders.
Brussels has called on EU countries to reduce their gas consumption due to rising prices
European Union leaders have called on member states to reduce gas consumption due to rising energy prices. This was reported by European Commissioner for Energy Dan Jørgensen in a letter to the heads of relevant ministr…
Putin Announced Plans to Develop a Strategy for the Development of Theaters, Museums, and Archives in Russia
President Vladimir Putin announced that Russia is developing strategies for the development of specific cultural sectors. Among them, he highlighted the archival, theater, and museum sectors.
British Pound finds relief as USD pauses, but inflation risks linger
The Pound Sterling (GBP) trims some of its weekly losses, gaining over 0.18% against the US Dollar (USD) on Friday as the Greenback takes a breather, even as US Treasury yields continue to rise. The jump in energy price…
Healey appoints Labour manifesto writer, adding to election speculation
Ravinder Athwal, the economist who wrote Labour’s 2024 manifesto, is taking on a senior role as an adviser to John Healey, in a move likely to fuel speculation about an early general election.