Market news: The Philippine Securities and Exchange Commission (SEC) is relying on short selling to boost stock trading.

Market News: Pakistan shares data with International Monetary Fund to get power bill relief.

Market news: Fujitsu acquires Thailand-based innovation consulting services company.

India’s Adani Ports has handled 231,689 TEUs of logistics rail traffic so far this year, an increase of 24% year-to-date.

Vitol executive: Europe is essentially outsourcing its refining operations to Asia and paying higher prices for the product.

Vitol executive: The economics of sweet crude oil are weak compared to sour crude oil, which will continue due to OPEC+ production cuts.

In August, Pakistan exported US$2.363 billion and imported US$4.89 billion, resulting in a trade deficit of US$2.126 billion.

National Hurricane Center: Tropical Storm Katia has weakened to a tropical depression.

Canadian integrated energy company Suncor: Flames and smoke at refineries are likely to increase further in the coming days.

United States Geological Survey: A magnitude 5.1 earthquake occurred 21 kilometers north-northwest of Gueria, Venezuela.

The Bank of Korea: sold 91-day currency stabilization bonds at a coupon rate of 3.620%.

USD/CAD stood at 1.36, up 0.07% on the day.

Market news: US Vice President Harris will leave the US on September 4, local time, and go to Jakarta, Indonesia to attend the ASEAN summit.

Goldman Sachs analysts believe that Intel may further increase the proportion of outsourced products to TSMC in the future. According to Goldman Sachs, under more realistic development scenarios, TSMC could receive orders of US$5.6 billion from Intel and US$9.7 billion from 2024 to 2025.

According to the British Times: Scotland seeks to implement a four-day work week for civil servants.

South Korean Finance Minister Choo Kyung-ho: South Korean exports are expected to grow in the fourth quarter.

South Korean Finance Minister Choo Kyung-ho: South Korea is expected to continue to maintain a trade surplus in September.

South Korean Finance Minister Choo Kyung-ho: South Korea’s export decline in September may ease.

The Russian Defense Ministry said it shot down a Ukrainian drone in the Kursk region of Russia.