News

Ukrainian President Zelensky: Ukraine attacked two Russian oil refineries in the past day.

European diplomats: The situation in the Red Sea has become more complex, posing risks to the global economy and our operations.

Ukrainian President Zelensky: Ukraine has requested the EU to expedite the disbursement of the second tranche of its €90 billion loan.

European diplomats: We refuse to call our policy toward Iran “appeasement.”

Germany's DAX gained 1.00% on the day.

European diplomats say that military options against Iran have proven to have "limited impact," and that they support dealing with Iran through diplomatic means and by applying pressure.

The U.S. National Hurricane Center: Tropical storm weather is expected in the Cape Verde Islands today.

Cyrus Schayegh, professor of international history and politics at the Graduate Institute of International and Development Studies in Geneva, said Iran's new proposal regarding the Strait of Hormuz indicates that diplomatic efforts between the US and Iran have made no significant progress. In an interview with Al Jazeera, Schayegh stated, "I think this is just a very small sign because basically nothing has really changed." He said that Iran "continues to emphasize its desire to retain the additional power it gained during the war and considers the June memorandum to be central to the roadmap for the future"; while the US "basically continues to refuse to accept discussions surrounding this roadmap." The proposal states that the Strait of Hormuz will reopen within seven days, after which Iranian assets may not have been returned and sanctions may not have been lifted. This suggests that Iran is willing to make small concessions, but it is unclear whether these concessions will be sufficient to meet US demands. Schayegh stated that the Gulf states are a key force in bringing the two sides closer, but they need to "consolidate their positions" on issues concerning the US and Iran. However, he concluded, "Apart from that, I don't think we will see any progress in the short term, especially before the US midterm elections."

According to a Hong Kong Stock Exchange filing, Standard Chartered Bank repurchased 363,360 shares on other exchanges on September 24, spending £8.2 million.

Ukrainian President Zelensky: The EU and the IMF are well aware of the importance of providing aid to Ukraine to fill its budget deficit.

Ukrainian President Zelensky: Russia’s mixed attacks on Europe will continue.

European Commission: Gas supply remains stable.

Market news: The EU gas coordination group will meet again on October 8.

Morgan Stanley: Revised its forecast for Bank of England rate hikes from zero to one each in November and February.

Ukrainian President Zelensky: The EU and the IMF understand the importance of helping Ukraine fill its budget deficit.

Ukrainian President Zelensky: The United States has proposed technical preparations for the next trilateral meeting; the United States has proposed the United Arab Emirates as the host country for the next meeting, while Kyiv awaits the date.

The Hang Seng China Enterprises Index (HSI) closed down 251.04 points, or 1.01%, at 24,510.09 on Friday, September 25. The Hang Seng Tech Index closed down 49.35 points, or 1.13%, at 4,311.78 on Friday, September 25. The Hang Seng China Enterprises Index (HSCEI) closed down 100.23 points, or 1.21%, at 8,165.78 on Friday, September 25. The Hang Seng Red Chip Index (HSC) closed down 32.6 points, or 0.81%, at 3,987.52 on Friday, September 25.

Ukrainian President Zelensky: Representatives from Egypt, India, Türkiye, and the Middle East are participating in negotiations to lift the Black Sea blockade.

Akamai (AKAM.O) shares rose 21% in pre-market trading after the company signed a $11.6 billion cloud computing deal with Anthropic.

[US Biotech Stocks Fall in Pre-Market Trading] US biotech stocks fell in pre-market trading, with Johnson & Johnson (JNJ.N) down 0.13%, Moderna (MRNA.O) up 0.99%, Novo Nordisk (NVO.N) down 0.16%, and AbbVie (ABBV.N) down 0.23%.