Saudi Arabia's Tadawul All Share Index rose 1.13% to 11,078.68 on Sunday, according to Wallstreetcn. The Qatar Stock Exchange Index advanced 0.06% to 9,688.30, snapping a four-session decline.

VeriSilicon reported first-half revenue of 1.864 billion yuan, up 91.37% from a year earlier, with net loss attributable to shareholders widening to 612 million yuan, according to Jiemian News.

Adjusted net loss attributable to shareholders was 423 million yuan, while non-GAAP net loss stood at 622 million yuan.

Manufacturing services revenue rose 185.29% to 1.163 billion yuan, representing 62.39% of total revenue, while data-processing revenue jumped 292.17% to 732 million yuan.

Gross margin declined to 31.34% from 43.32%, but gross profit climbed 38.44% to 584 million yuan. R&D spending rose 47.06% to 941 million yuan, equal to 50.49% of revenue.

New orders signed from January 1 to August 17 totaled 15.142 billion yuan, up to 254% of full-year 2025 new orders, with AI computing-related orders accounting for 90% of the total.

Operating cash flow turned positive at 626 million yuan from a 365 million yuan outflow a year earlier. Contract liabilities rose to 3.157 billion yuan from 1.258 billion yuan, and the company noted that 109 mass-produced chips contributed revenue while 59 design projects were awaiting mass production.

Saudi Arabia is once again altering its crude export routing after Yemen's Houthi militants disrupted the use of a key backup corridor in the Red Sea, according to Bloomberg.

The move underscores renewed challenges to Riyadh's logistics as the security environment in the region remains unsettled.

The alternative route has played a significant role in supporting global oil movements since the Iran-related conflict began.

A HYPE long position held by a single address for 10 months has yielded a profit of $57.18 million after the token rose above $80, hitting a new record high.

The position was opened in November last year with 1.38 million HYPE at $38.60 per token, and the holder paid $4.98 million in funding fees during the period.

Overall, the position's value climbed from $53.38 million to $110 million.

Tokuyama Corp., a Japanese silicon materials producer, is expanding its footprint with new facilities in Vietnam and Malaysia to supply a critical semiconductor material.

The move, as reported by Nikkei Asia, is part of a strategy to reduce supply-chain disruption risks by spreading production across multiple countries rather than concentrating it in Japan.

Nikkei Asia reported that at least eight Chinese automakers introduced new models on a single day last month, with Great Wall Motor and Leapmotor Technology among the participants.

Six of the firms showcased new or updated electric vehicles or other types of new-energy vehicles.

Global crude oil inventories are once again declining, according to Nikkei Asia.

The Strait of Hormuz is effectively shut, slowing shipments from the Middle East and helping push prices higher.

Bitcoin is approaching a Golden Cross, a pattern CoinDesk analyst James Van Straten notes often coincides with rallies in the weeks ahead of the cross. ChainCatcher data show both the 50-day moving average and the 200-day moving average are turning upward as the market nears the cross.

Van Straten highlighted that BTC did not break above the 200-day moving average in 2022, but the current market structure appears to be forming a new phase.

A Golden Cross is generally viewed as a medium- to long-term bullish signal, defined by the 50-day moving average crossing above the 200-day moving average. However, it is a lagging indicator used to confirm trend changes rather than forecast short-term moves.

Glassnode data show Bitcoin has historically risen multiple times before the 50-day moving average crosses above the 200-day moving average. BTC is now trading back near the 200-day moving average, signaling a clear departure from the 2022 market cycle.

Iran's Foreign Ministry spokesperson described the visit as a continuation of Pakistan's efforts to bolster regional peace and security, according to Jin10.

The Iranian Foreign Ministry spokesperson stated that Pakistan's army chief will visit Tehran on Monday.

According to Jin10, the report attributes the information to the spokesperson's remarks.