šŸ“” Hourly Update | 07:00-08:00

1. RecodeX Restructured Message: Amid the escalation of tensions in the Middle East that has driven up oil prices, Australian bond prices fell, following the overnight decline in U.S. Treasuries. Australian 3-year government bond yields surged by as much as 18 basis points to 5.03%, while 10-year yields rose by 13 basis points to 5.38%, the highest levels since May 2011. Earlier, the U.S. bond market saw a wave of selling; the downturn accelerated on Thursday as soaring oil prices intensified inflation concerns, and the U.S. Treasury purchased fewer bonds than expected in its inaugural expansion of buyback operations.

2. RecodeX Restructured Message: OpenAI announced it is pausing new subscription entry points for the $200 Pro 20X plan. Existing subscribers will not be affected, and other subscription services will remain open as normal. The official stated this move is intended to safeguard the current user experience and ensure smooth access to GPT-6 Astra.

3. RecodeX Restructured Message: Citigroup raised its forecast for the Reserve Bank of Australia’s terminal interest rate from 4.60% to 4.85% and expects two more rate hikes in 2026. Economists at Citi—including Faraz Said—said in a research note that the adjustment reflects a bifurcated picture of the Australian economy: the housing market is continuing a deep adjustment, but an investment surge tied to artificial intelligence is intensifying capacity constraints and inflation pressures, offsetting the downward impact from housing. The report noted that weak productivity, tight labor markets, and persistently high oil prices likely mean...

4. RecodeX Restructured Message: Xapien, a London-based AI due diligence and background investigation company, announced the completion of a $56 million Series B round, led by Spectrum Equity. The company’s CEO, Chris Green, exclusively disclosed the news to Axios Pro. Xapien uses AI technology to provide background checks and due diligence services for businesses.

5. RecodeX Restructured Message: Thomson Reuters (TSX/Nasdaq: TRI) announced that its subsidiary, TR Finance LLC, has completed pricing for a U.S. public offering of notes, including $800 million notes due 2028 with a coupon rate of 5.100%, as well as $500 million notes. The company also completed pricing for a C$1 billion Canadian private placement of notes.

6. RecodeX Restructured Message: South Korea is pushing local free AI services to weaken ChatGPT’s dominance in the Korean market. SK Telecom, KT, and Kakao have been asked to adopt domestic AI technologies in mainstream domestic application scenarios, with the goal of building a local ecosystem before foreign models can entrench their lead.

7. RecodeX Restructured Message: Tencent Music Entertainment Group announced that its previously announced issuance of $1 billion in public notes has completed settlement. The company is listed on both the NYSE and the Hong Kong Stock Exchange and operates an all-in-one music and audio entertainment platform.

8. RecodeX Restructured Message: Singapore Exchange’s total trading value in the securities market in August grew 35% year over year, driven mainly by retail buying and gains in the Straits Times Index (STI). Over the same period, total trading value in the overall securities market also rose, but activity in the derivatives business saw a slight pullback.