The People’s Bank of China (PBOC) kept its key lending rates unchanged on Monday, marking the fourth consecutive month of no adjustments, even after the U.S. Federal Reserve lowered interest rates by 25 basis points last week.

A phone call on Friday between U.S. President Donald Trump and Chinese President Xi Jinping showed notable progress on the future of TikTok, though no final agreement has yet been reached, according to a White House official.

Nvidia CEO Jensen Huang has confirmed that the company’s $5 billion investment in Intel, alongside a new technology partnership, will mark a major milestone for both semiconductor giants.

The U.S. Federal Reserve’s decision to cut its benchmark interest rate by 25 basis points to a range of 4%–4.25% has opened the door for Asian central banks to further loosen monetary policy. The move comes as the region continues to navigate trade challenges and currency fluctuations.

Two years ago, few had heard of Nscale — a London-based startup that emerged quietly from the shadows of crypto infrastructure. Fast forward to today, the company is making headlines across the globe, raising hundreds of millions in capital and forging partnerships with some of the world’s biggest tech giants, including Nvidia, Microsoft, and OpenAI.

Over $40B in AI investments from Microsoft, Nvidia, Google, OpenAI, and Salesforce position the UK as Europe’s leading AI hub.

The European Chamber of Commerce in China (ECCC) has warned that Beijing is still restricting foreign companies’ access to rare earths — a group of critical minerals essential for high-tech manufacturing.

The United Kingdom is under mounting pressure from global pharmaceutical firms as stalled drug pricing negotiations and pulled investments coincide with U.S. President Donald Trump’s “most favored nation” (MFN) drug pricing order. The looming deadline has fueled concerns that Britain may lose its competitive edge in attracting life sciences investment.

Tesla shares climbed more than 3% on Monday after CEO Elon Musk disclosed his largest-ever open-market purchase of the company’s stock, a move valued at around $1 billion.

Amid rising tensions in the Middle East, Israel has launched a wave of airstrikes on Gaza City, destroying dozens of residential buildings and forcing thousands to flee. The escalation coincides with U.S. Secretary of State Marco Rubio’s three-day visit to Israel on September 14 to discuss the future of the conflict.

U.S. and Chinese officials launched a new round of negotiations in Madrid, Spain, on Sunday, focusing on sensitive issues in their strained trade relations. Key agenda items include the looming TikTok divestiture deadline and Washington’s pressure on allies to impose tariffs on Beijing over its purchases of Russian oil.

As the U.S. Federal Reserve (Fed) prepares to deliver its first interest rate cut in more than a year, global investors are closely watching a record sum sitting in money market funds. According to Crane Data, assets in these funds have reached $7.6 trillion, raising the question: will this “wall of cash” remain parked in safe havens, or will it shift toward riskier assets such as equities and bonds once rates decline?