Jack Ma has bought Alibaba Group Holding Ltd. shares together with two senior Alibaba executives to signal backing for the company’s artificial-intelligence ambitions.

The move was reported by the South China Morning Post, citing people familiar with the matter, with Bloomberg also reporting on the development.

Kit Juckes, Societe Generale's chief FX strategist, described the U.S. Treasury's plan to increase purchases of long-dated government bonds as market management rather than direct intervention. He discussed the remarks on Bloomberg Surveillance.

A global borrower is pursuing its first offshore bond issue in New Zealand in nearly a decade, a development noted by Bloomberg.

The decision mirrors a broader uptick in AI-linked debt issuance across major credit markets, with borrowers seeking funding in less traditional venues as a result.

Hong Kong's July trade activity strengthened as demand for AI-related products supported both exports and imports, according to the Census and Statistics Department as reported by RTHK.

Total exports of goods rose 50.7% year on year to HK$672.5 billion in July, following a more than 53% rise in June. Imports climbed 41% to HK$677.4 billion.

In the January–July period, exports were up 40.9% from a year earlier, while imports advanced 40.6%. The seven-month trade deficit stood at HK$299.4 billion, equivalent to about 6.8% of Hong Kong's imports.

A government spokesman said there had been impressive growth in exports of AI-related electronic products and that robust global demand should continue to support merchandise trade. He cautioned, however, that downside risks remain from geopolitical tensions in the Middle East, protectionism among advanced economies, and rapid expansion of global AI investment.

AM Intelligence, an Indian AI infrastructure company, has placed an order for 9,000 Nvidia Vera Rubin systems, Bloomberg reports.

The firm said it aims to be among the first in Asia to deploy Nvidia's Vera Rubin advanced computing platform.

Citing Jin10, Kazakhstan's energy minister said on Tuesday that the oil output forecast would be reduced by 3.5 million tons after Ukrainian drone strikes hit facilities of the Caspian Pipeline Consortium (CPC).

The minister indicated that the 2026 production target has been adjusted from 98 million tons to 96 million tons as a result of the disruption.

A 51job report, cited by Jiemian News, found that nearly 30% of Chinese companies have added AI-related roles to campus recruitment, with 56.8% of firms reporting higher demand than a year earlier. The findings are based on responses from more than 8,000 companies and individuals.

AI application development engineers were the most in-demand role, cited by 53.9% of surveyed companies.

Employers placed the greatest emphasis on mathematics and statistics skills, at 58.9%, followed by machine-learning theory and practice, at 46.5%.

The report also highlighted a wide salary gap across AI roles. Large-model algorithm engineers posted a median monthly salary of 27,329 yuan, while multimodal and deep-learning positions both exceeded 26,000 yuan. AI data trainers had a median salary of 8,977 yuan per month, far lower than the top-paying roles.

AIB Group Plc is joining forces with Banco Santander SA and Howden Group to execute a sizeable risk-transfer arrangement tied to project finance. The deal appears to reflect a broader rollout of the hedging instrument across AIB's lending portfolio, according to Bloomberg.

Strive expanded its BTC treasury by 1,110 coins for about $81.5 million last week, bringing total holdings to 21,356 BTC and lowering the average cost to around $93,257 per BTC.

BeInCrypto, citing an Aug. 24 SEC filing, reports that the paper loss remains over $292 million on the reserve.

The purchases occurred between Aug. 17 and 21 at an average price of $73,409 per BTC, inclusive of fees and expenses.

Jin10 reports that Christoph Rieger, head of rates and credit research at Commerzbank, argues that U.S. Treasury bond buyback operations will elevate risk regardless of how they are financed. He notes that cash balances cannot be reduced to prior levels due to political risks and higher government spending.

Rieger also warned that the Treasury is poised to face monthly interest payments exceeding $100 billion. He emphasized that such measures must be accompanied by a coherent and credible long-term fiscal consolidation plan to maintain market stability.

The U.S. Treasury said last week it plans to double the size of its long-dated bond buybacks, and reports on Monday indicated that using the Treasury’s general account could be one funding option for these operations.