1. Tech rout roils Asian shares, oil futures extend slump. Asian shares fell on Wednesday and oil prices hit lows not seen since June after a rout of technology shares sank Wall Street for a third consecutive day and a major drugmaker delayed testing of a coronavirus vaccine.
3. Iraqi oil exports to the US nearly halved in the first half of the year. China’s influence is rapidly growing across the Middle East at a time. Beijing is effectively in control of the Middle East peace process and is promising the Taliban lavish energy and infrastructure investment once the US has left for good.
4. U.S. Customs and Border Protection officials have prepared orders to block imports of cotton and tomato products from western China’s Xinjiang region over allegations they are produced with forced labor.
6. The H1 report reviewed by Ernst & Young disclosed by China Construction Bank on September 8 showed that deposits received have increased by 2 trillion yuan compared with the data at the beginning of the year, and the loan balance increased by 1.5 trillion yuan, of which loans increased by 1.1 trillion yuan and were impaired. Losses increased by 49%, operating cash flow decreased by 45%, and related transactions with key management personnel were not fully disclosed, which covered several key points regarding the salaries of executive management. Then whose deposits increased? It is worth noting that the IPO financial statements of Alibaba’s Ant Group on the Hong Kong Stock Exchange were also audited by Ernst & Young.
By：【G-Translators – Financial and Law Team】