Business news centers on capital and confidence: investors reward companies tied to AI growth, punish a much-hyped market debut, and push borrowing costs to fresh highs in Japan. Elsewhere, governments and large companies shape the operating climate through tax receipts, healthca...
Business news centers on capital and confidence: investors reward companies tied to AI growth, punish a much-hyped market debut, and push borrowing costs to fresh highs in Japan. Elsewhere, governments and large companies shape the operating climate through tax receipts, healthcare pricing, sanctions resilience, and consolidation in India’s edtech sector.
Dell raises its full-year revenue forecast by $25 billion as demand for AI servers accelerates beyond expectations. The company also lifts the expected contribution from AI server sales, and its shares rise in extended trading as investors bet the AI spending cycle is still expanding for major hardware suppliers.
Japan’s 10-year government bond yield reaches 3% for the first time since 1996, marking a sharp break from decades of ultra-low borrowing costs. The move underscores how far Japan’s bond market has shifted after years in which benchmark yields hovered near zero under long-running accommodative monetary settings.
Shein’s Hong Kong market debut gets off to a weak start, with the shares falling by about 10% in early trading before recovering some ground. The drop clouds one of the year’s most closely watched listings and suggests investors are cautious about the company’s valuation despite the anticipation around the flotation.
India’s gross GST collections climb about 15% from a year earlier in August to nearly ₹2 trillion. The increase is driven in part by stronger import-related revenue, while domestic transaction collections also rise at a steadier pace, pointing to continued strength in tax intake from the broader economy.
UpGrad completes its acquisition of Unacademy in a deal valued at just over $200 million, adding another major consolidation move to India’s edtech industry. The transaction folds a well-known online learning platform into a larger rival as companies in the sector adjust to tighter funding conditions and pressure to scale efficiently.
CSL agrees to lower prices for its medicines sold in the United States under the Trump administration’s affordable medicines plan. The company also formalizes an expansion of its manufacturing presence in America, linking pricing concessions with a broader commitment to increase domestic production capacity.
Iran’s central bank chief says the country has enough foreign currency despite continuing US sanctions. The statement is intended to project financial resilience and push back against claims that economic pressure is leaving Iran short of hard-currency resources.
Delhi police introduce staged traffic diversions and restrictions for BRICS motorcade rehearsals on September 1 and 2. The measures affect major corridors during set time windows, with authorities urging commuters to plan ahead, follow traffic personnel, and allow extra travel time around the capital.
Top Business stories
- Shein shares fall after rocky Hong Kong debut (17 sources)
- Japan 10-year government bond yield hits 3% for first time since 1996 (7 sources)
- UpGrad completes acquisition of Unacademy for just over $200 million (6 sources)
- Delhi traffic diversions for BRICS motorcade rehearsals on Sept 1–2 (5 sources)
- CSL agrees US medicine price cuts under Trump administration plan (4 sources)
- Schwartz’s Deli replaces black cherry soda with Quebec-made alternative amid U.S. tariffs (4 sources)
- Iran’s central bank chief says country has enough foreign currency despite US sanctions (4 sources)
- France launches fines targeting extreme fast fashion from Shein and Temu (4 sources)
Preston Herald
Author at IfHighLow
