Real-time News

On September 3, a federal judge rejected the U.S. Department of Justice's request to break up Google's (GOOG.O) online advertising business. This historic ruling effectively puts an end to nearly 20 years of antitrust risks for Alphabet's Google. As early as the Obama administration, U.S. law enforcement agencies considered filing antitrust lawsuits against Google. However, judges have consistently been strongly opposed to breaking up companies, considering such remedies too aggressive. Wednesday's ruling is the latest example. Judge Leonie Brinkma took a more restrained approach in deciding how to punish Google. Last year, she ruled that Google illegally monopolized the complex online advertising market that delivers ads to websites. The Department of Justice argued that forcing Google to sell its ad exchange platform was the only way to curb its market dominance and open the market to new competitors. Brinkma disagreed. In a two-page ruling, she adopted alternative measures to limit Google's ability to control publishers' use of its advertising technology.

Trump stated he is prepared to strike Iran again, and that we have complete control of the Straits; international oil prices rebounded slightly, and a chart provides a quick overview of the pre-market conversion prices of crude oil between domestic and international markets.

Japan's final services PMI for August was 52.5, compared to 52.3 in the previous month.

Japan's final composite PMI for August was 53.5, compared to 53.4 in the previous month.

Spot gold and silver rebounded from their lows; a chart provides a quick overview of the pre-market conversion prices of gold and silver between domestic and international markets.

The yield on Japan's 5-year government bonds fell 2.0 basis points to 2.290%.

Japan bought 35.8 billion yen worth of foreign stocks in the week ending August 28, compared with a revised figure of -861.7 billion yen in the previous week (originally -869 billion yen).

Foreign investors bought 35.8 billion yen worth of Japanese stocks in the week ending August 28, compared with a revised figure of -763.4 billion yen in the previous week (originally -764.1 billion yen).

September 3 - A mass shooting occurred in Minneapolis, Minnesota on September 2. Local authorities say multiple people have been identified as "victims," including two police officers. A large police force is on the scene, and the exact number of casualties is currently unknown.

According to NewsNation: Trump said he spoke with Secretary of Defense Hergsays late last night to discuss Iran.

Artificial Intelligence: 1. PwC: Global data center spending is projected to reach $31.6 trillion by 2050. 2. Musk: Grok 4.7 will be released in 10 days. 3. Meta releases Muse Spark 1.3 model, advancing the development of personal AI agents. 4. Kimi API natively supports Codex and Claude Code. 5. Google launches Gemini 3.8 Flash model. 6. CrowdStrike expands its partnership with OpenAI. 7. Broadcom's AI chip business growth is under pressure; Q4 guidance is below expectations. 8. The US government supports OpenAI's copyright lawsuit, stating that AI training is protected by "fair use." Other: 1. Musk: X usage is hitting new highs almost every week. 2. Ford sets a target of 100,000 units sold in the first year for its $30,000 electric truck. 3. The US Commerce Secretary revealed that the government plans to impose tariffs on chips, providing exemptions for US-made companies. 4. According to data from the China Passenger Car Association: Tesla China sold 86,166 vehicles in August. 5. It is reported that the Korea Exchange Stabilization Fund purchased approximately US$20 billion of funds repatriated from SK Hynix after its ADR listing.

September 3 - Estonian Defense Minister Hanno Pevkul announced his resignation on the evening of September 2. He stated that he had decided to take political responsibility for criticisms from the Estonian National Audit Office regarding management and accounting issues in the defense sector.

The White House: Trump signed the temporary funding bill into effect today.

September 3rd - According to AXIOS, discontent among House Republicans over Trump's trade policies is growing, and they are preparing to voice their concerns directly to the White House. With the midterm elections approaching, lawmakers are particularly worried about the impact of increased duty-free beef imports and the trade war with Canada on domestic industries and district jobs. On Wednesday evening, Trump hosted a dinner at the White House for some Republican lawmakers, where beef and Canada were the focus of discussion. Iowa Republican Representative Zach Nunn stated, "Beef may be on the menu, but it will definitely be on the agenda"; Michigan Republican Representative Bill Hewizenga said that the Canada issue was one he planned to raise with Trump.

On September 3, it was reported that on September 2, local time, Judge Deborah Bodman of the U.S. District Court for the District of Maryland issued a preliminary injunction to block the Trump administration from enforcing a new executive order. This executive order aimed to limit the number of people eligible for birthright citizenship. After returning to the White House in January 2025, Trump signed an executive order stipulating that newborns whose parents are neither U.S. citizens nor lawful permanent residents would not automatically acquire U.S. citizenship. On June 30 of this year, the U.S. Supreme Court overturned this executive order.

September 3 – According to US financial media Semafor, Sean Parnell, the chief spokesman for the US Department of Defense, is emerging as a leading candidate to succeed Army Secretary Dan Driscoll, who resigned this week. Multiple Trump administration officials and sources familiar with the matter revealed that Parnell has not yet received a final appointment, but there is considerable support within the government for his succession. Parnell has close ties to Defense Secretary Peter Hegseth and has served as the chief spokesman for the Department of Defense since Trump's second term. Florida Republican Congressman Brian Mast is also on the shortlist; he recently met with Hegseth. Mast has the support of House Armed Services Committee Chairman Mike Rogers, but his public support for the Israeli government could provoke discontent among some of Trump's political base. Meanwhile, if Parnell is nominated, he may face confirmation challenges due to the support of Republican hawks for Driscoll and past allegations of domestic violence against him.

According to US financial media Semafor, Florida Republican Congressman Brian Master is also one of the candidates to succeed Driscoll as Secretary of the Army.

According to US financial media Semafor, Sean Parnell has emerged as the leading contender for the position of Secretary of the Army.

September 3 – Japanese companies are considering selling strategic holdings and other assets to offset the impact of the highest financing costs in a generation. A survey of 30 Japanese non-financial companies shows that they are also considering measures such as increasing overseas borrowing and raising funds in advance. Rising financing costs have begun to affect corporate investment decisions. Companies such as Toyota Motor and Tohoku Electric Power expect their annual interest expenses to increase by more than 30% if they refinance yen-denominated bonds.