Real-time News

FedEx (FDX.N): Will adjust FedEx International Parcel and Freight Demand Surcharges to and from the Middle East, East Africa, India and Sub-Saharan Africa.

FedEx (FDX.N): Demand surcharge will continue until February 7, 2027.

FedEx (FDX.N): Starting September 21, 2026, a demand surcharge will be introduced for non-standard freight transportation.

Deutsche Bank lowered its price target for Walmart (WMT.N) from $120 to $113.

US President Trump: An agreement has been reached, and beef prices have been significantly reduced.

On August 21, Bank of America strategist Hartnett stated that if the U.S. Treasury's plan to control long-term Treasury yields fails, the dollar will come under pressure, triggering short bets on risk assets ahead of the November midterm elections. Hartnett said that if Treasury Secretary Bessant fails to lower the 30-year yield below 5%, he expects the dollar to fall in the coming weeks, increasing short bets on risk assets such as AI mega-corporations and private lending. Financial stocks will also face short-selling risks. Hartnett wrote, "The policy panic to fix the fixed-income market should limit, but not lower, Treasury yields."

Bank of Montreal: Initiates coverage research on Marwell Technology (MRVL.O), giving it an Outperform rating and a target price of $250.

Bank of Montreal: Launches coverage research on AMD (AMD.O), giving it an outperform rating and a target price of $550.

BMO Capital Markets: Initiated coverage research on Nvidia (NVDA.O) with an Outperform rating and a target price of $340. Also initiated coverage research on Micron Technology (MU.O) with an Outperform rating and a target price of $1300.

On August 21, the Hong Kong Securities and Futures Commission (SFC) Chief Executive Officer, Ms. Leung Fung-yee, and other senior staff met with a delegation led by Hasan Fawzi, CEO of the Capital Markets, Financial Derivatives and Carbon Trading Regulation of the Indonesian Financial Services Authority, and Jeffrey Hendrik, Chairman of the Indonesian Stock Exchange, on August 19, 2026. The visit aimed to enhance mutual understanding, exchange views on regulatory reforms to maintain market stability, and explore potential areas of cooperation. On the same day, the SFC and the delegation held a technical exchange meeting to share Hong Kong's policies on enhancing market transparency and investor confidence.

August 21 - According to data from online platforms, as of now, the box office revenue (including pre-sales) for the 2026 summer movie season has exceeded 11 billion yuan.

Fitch affirmed SoftBank's rating at "BBB+" with a stable outlook.

Barclays raised its price target for Alibaba (BABA.N) from $195 to $200.

On August 21, the Civil Aviation Administration of China (CAAC) released data showing that in July, air passenger traffic reached 74.629 million, a year-on-year increase of 3.9%. The load factor for scheduled flights was 86.3%. The CAAC also released key production indicators for the civil aviation industry in July. Data shows that in July, domestic air passenger traffic reached 67.369 million, a year-on-year increase of 4.1%; international air passenger traffic reached 7.26 million, a year-on-year increase of 2.3%. Regarding cargo and mail transportation, in July, air cargo and mail volume reached 864,000 tons, a year-on-year decrease of 0.3%.

On August 21, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, co-chaired the first meeting of the China-Indonesia Comprehensive Strategic Dialogue Mechanism with Indonesian Foreign Minister Sujiyono in Jakarta. The two sides exchanged in-depth views on promoting the building of a China-Indonesia community with a shared future and reached broad consensus. Wang Yi stated that establishing a comprehensive strategic dialogue mechanism is an important measure for both sides to implement the consensus reached by the two heads of state and advance the building of a China-Indonesia community with a shared future with regional and global influence. It will provide important institutional support for deepening the "five pillars" of cooperation between the two countries. The current international situation is complex and volatile, with unilateralism and hegemonic actions severely impacting global security and development. China has always placed Indonesia in an important position in its diplomacy, especially its diplomacy with neighboring countries. China is willing to expand and strengthen all-round cooperation with Indonesia, pool greater development synergy, jointly resist risks and challenges, help both countries advance their modernization processes, set a model of global South-South unity, self-reliance, mutual benefit, and win-win cooperation, inject new contemporary meaning into China-Indonesia bilateral relations, and play a positive role in regional and global peace and prosperity.

Citigroup raised its price target for Marvell Technology (MRVL.O) from $225 to $275.

Wells Fargo lowered its price target for Walmart (WMT.N) to $120 from $140.

Barclays raised its price target for Estée Lauder (EL.N) from $80 to $97.

On August 21st, Xiaomi Automotive Technology Co., Ltd. filed a recall plan with the State Administration for Market Regulation in accordance with the "Regulations on the Recall of Defective Automobile Products" and the "Implementation Measures for the Regulations on the Recall of Defective Automobile Products." The vehicles within the recall scope have emergency mechanical handles that are difficult to identify and operate due to their similar color to the interior. In extreme situations such as a severe collision leading to the failure of the vehicle's low-voltage system, this could hinder occupants from quickly opening the doors to escape and prevent rescue by those outside the vehicle, posing a safety hazard. Xiaomi Automotive Technology Co., Ltd. will affix warning labels to the emergency mechanical handles of the recalled vehicles free of charge; and will also upgrade the software via Over-The-Air (OTA) technology to optimize the central locking logic and window lowering strategy to reduce the safety hazard. Since some vehicles already have warning labels affixed, these vehicles do not require additional affixing during this recall.