LG Energy CEO: Starting from 2026, LG may provide LFP batteries (lithium iron phosphate batteries) for electric vehicles.

Bank of Indonesia survey: Retail sales increased by 1.6% year-on-year in July.

According to TASS: The Russian Ministry of Energy is considering changing downstream subsidies.

Thai Prime Minister Srettha: Thailand plans to suspend the debt of farmers and small businesses, while planning to urgently reduce energy prices and speed up the exemption of visa fees to promote tourism development. The Thai government will propose a referendum on constitutional amendments.

Market news: The Prime Minister of Malaysia submitted the 2021-2025 economic plan review report. Malaysia allocated 415 billion ringgit for development expenditures from 2021 to 2025, and the development expenditure limit was increased by 15 billion ringgits.

Philippine Trade Secretary: The Philippines is negotiating with Vietnam on rice imports.

Philippine Trade Secretary: Rice price cap may be lifted within two weeks.

Market news: British Foreign Secretary Cleverley will travel to Israel and Palestine from September 11th to 13th.

ARM is said to be considering increasing its initial public offering (IPO) price range.

Gazprom Deputy CEO: Under sanctions, there is no risk to the maintenance and operation of the Sakhalin-2 project.

Morgan Stanley upgraded Tesla (TSLA.O) to overweight with a $400 price target.

The Russian Defense Ministry said it destroyed two Ukrainian-launched drones in the Belgorod region.

[The probability that the Federal Reserve will keep interest rates unchanged in September is 93%] According to CME "Fed Watch": the probability that the Federal Reserve will keep interest rates unchanged at 5.25%-5.50% in September is 93%, and raise interest rates by 25 basis points to 5.50%-5.75 % range is 7%; the probability of keeping interest rates unchanged by November is 56.5%, the probability of a cumulative interest rate hike of 25 basis points is 40.7%, and the probability of a cumulative interest rate hike of 50 basis points is 2.7%.

Sources: SoftBank’s chip design company Arm is discussing increasing the IPO price range.

According to the Wall Street Journal: Meta Platforms (META.O) is developing a more powerful artificial intelligence system.

National Hurricane Center: "Margot" winds become stronger.

Russian Energy Minister Nikolai Shulginov stated at the Eastern Economic Forum that Russia and China intend to speed up negotiations on the "Far East Route" and the "Power of Siberia 2" pipeline.

U.S. Treasury Secretary Yellen: Our path is to avoid recession and control inflation.

U.S. Treasury Secretary Yellen is very optimistic about a soft landing for the U.S. economy.