Air India Ltd. is close to securing roughly ₹100 billion in financial aid from its owners Tata Sons Pvt. and Singapore Airlines Ltd., according to Bloomberg.
People familiar with the matter said the carrier has faced the fallout of a difficult year.
A unit of Indian conglomerate led by billionaire Kumar Mangalam Birla has secured commitments for a buyout loan totaling as much as 240 billion rupees ($2.5 billion) from at least four banks, according to people familiar with the matter.
The amount surpasses the unit's target by about 70%, Bloomberg reported.
Schroders Plc has boosted its exposure to longer-dated U.S. Treasuries, a move reported by Bloomberg. The asset manager has said that yields have nearly peaked following the recent selloff.
Lanvin, the brand run by China’s Lanvin Group, posted first-half 2026 revenue of €22.92 million, down 17.9% from a year earlier. The global total of directly operated stores declined to 13, and gross margin rose 3.8 percentage points to 58.2%. The contribution margin narrowed to -27.3% from -44.1%.
Jiemian News notes that Lanvin has been in decline for several years after a brief rebound in 2021 and 2022, when revenue advanced by 108% and 64% respectively and surpassed €100 million in 2022. The report also says Lanvin Group appointed Peter Copping as artistic director in June 2024, with his initial and subsequent collections revisiting the brand’s archive and classic aesthetics.
For the second half, Lanvin Group’s priorities include increasing store traffic, improving conversion and sell-through, and boosting inventory efficiency, while pursuing selective partnerships and an asset-light expansion rather than a broad direct-store rollout.
In mainland China, Lanvin now operates only its Shanghai BFC Asia flagship store, according to Jiemian News.
A CASHCAT whale exchanged 5.43 million CASHCAT for 4 million AI in a single transaction, as reported on BlockBeats on September 3.
BlockBeats On-chain Detection notes that TradingBeats monitored the swap, a service previously known as Hyperinsight. The holder converted its CASHCAT holdings directly into AI tokens in the same move.
A CASHCAT whale swapped 5.43 million CASHCAT for 4 million AI tokens, according to Lookonchain monitoring.
Foresight News reported the CASHCAT portion as about $1.4 million and the AI portion at roughly $1.22 million.
Binance Wallet announced on X that eligible users in qualifying regions can access Robinhood Chain through its integrated interface.
The announcement noted that access is subject to terms and conditions.
Binance Wallet clarified that Robinhood Chain is a third-party blockchain and that it does not operate or control it.
The notice included a risk warning that digital asset prices can be volatile and that users may not recover the amount invested. It also stated that the information should not be considered financial advice.
No additional details were provided in the announcement.
Binance Wallet said on X that eligible users in qualifying regions can access Robinhood Chain through its integrated interface, subject to the terms and conditions in place.
The announcement clarifies that Binance Wallet provides access to the Robinhood Chain but does not operate or control the third-party blockchain involved.
A risk note accompanies the information, warning that digital asset prices can be volatile and investors may not recover their initial investment. The notice also states that the content is not financial advice.
No further details were provided in the release.
JD.com (09618) reported a cross trade of 297,600 shares at 11:46 AM, priced at HK$107.25 per share, about 1.2% below the previous close, according to ETNet.
The cross trade was valued at roughly HK$31.9 million. The stock was down 1.7% to HK$106.80.
Turnover totaled 2.6597 million shares worth HK$287 million, with buy and sell activity at 58:42 and net active buying of HK$41.38 million.
SMIC (00981) rose 0.7% to HK$68.75, with about 2.12 million shares changing hands for roughly HK$146 million, as Hong Kong's chip and AI software stocks broadly recovered on Dell's quarterly results, ETNet reported.
Dell posted second-quarter revenue of $47 billion, a record high and above the forecast of $44.92 billion, and adjusted earnings per share of $7.04, well ahead of the $4.91 expected. The company also projected third-quarter revenue around $49 billion and adjusted EPS near $6.50, both above prior estimates.
Dell shares jumped 15% overnight, helping restore confidence in AI demand and lifting sentiment across global markets.
In Hong Kong, Hua Hong Semiconductor rose 1.3% to HK$119, Cambricon Technologies gained 1.1% to HK$264.6, GigaDevice Semiconductor added 1.7% to HK$480.4, Tencent rose 1.3% to HK$444, Alibaba edged up 0.2% to HK$110.1, and Baidu eased up 0.9% to HK$93.2.
The Hang Seng Index rose 0.8% to 25,520, with the Hang Seng China Enterprises Index up 0.9% and the Hang Seng Tech Index up 0.7%.
CSPC Pharmaceutical Group (01093) rose as much as 3.2% to HK$9.46 after touching HK$9.49 and moving above its 10-day moving average of HK$9.386, according to ETNet.
The stock traded 12.81 million shares worth HK$120 million. The active buy-sell ratio stood at 67:33, with net active buying of HK$37.93 million. The Hang Seng Index was up 185 points, or 0.7%, at 25,496, while the Hang Seng China Enterprises Index gained 62 points, or 0.7%, to 8,512.
The yuan's midpoint against the U.S. dollar was fixed at 6.7807 on Wednesday, according to ETNet, up 22 pips from the previous session and the strongest since February 8, 2023.
The fix was 640 pips weaker than market forecasts.
The onshore yuan opened 9 pips higher at 6.7210 after closing at 6.7219 in the prior session.
Market participants said the yen's rebound has helped ease external pressure on the dollar, supporting a firmer fixing for the yuan.
They expect the spot yuan to drift higher in a stable range. Investors are also watching Friday's nonfarm payrolls report, which could shape expectations for the Federal Reserve's rate path.