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Original title: China’s Margin Trades Surge to Record as Stock Rally Extends Chinese investors are borrowing a record amount of cash to buy local stocks, further fueling a months-long rally that has largely been built on ample liquidity. The outstanding amount of margin trades in China’s onshore equities market climbed to 2.28 trillion yuan ($320 billion) Monday, surpassing the previous record of 2.27 trillion yuan in 2015. Traders added such leveraged positions for all but three days in August. ...

Original title: Evergrande Liquidators Ask Court to Name Receiver for Hui Assets China Evergrande’s liquidators have asked Hong Kong’s High Court to appoint receivers to identify and preserve the assets of company founder Hui Ka Yan , as they try to recover funds related to one of the world’s biggest corporate meltdowns. While Hui didn’t attend the Tuesday hearing, he remains a key figure in the ongoing case. So far, Hui has refused to disclose his assets. Hui’s lawyer said that the receivership request was unjust and that liquidators have been hostile to his client. ...

Original title: ‘Covered in dust and too shocked to speak’: Afghan villagers reel at scale of quake’s devastation ‘Covered in dust and too shocked to speak’: Afghan villagers reel at scale of quake’s devastation 11 hours ago Share Save Gabriela Pomeroy BBC News Share Save Watch: Buildings destroyed and rescue efforts under way after deadly Afghanistan earthquake Just before midnight on Sunday, Matiullah Shahab woke up to find his house in Afghanistan’s remote Kunar province shaking. An earthquake measuring 6.0 magnitude had struck eastern Afghanistan, leaving at least 800 people dead, according to the UN. Even though the epicentre of the quake was 16km (10 miles) away, the whole of Shahab’s village of Asadabad trembled. The 23 family members who live with him ran out of their bedrooms as they feared the walls would fall in on them, and stayed awake all night in their garden. “We were all afraid,” he says. The areas worst hit by the quake were Nangarhar and Kunar provinces, but it was felt as far away as Kabul and in neighbouring Pakistan’s capital, Islamabad. When day broke, Matiullah - who is a f ...

Original title: India Tightens Equity-Options Rules Again After Jane Street Saga Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Original article

Original title: BofA’s Hartnett on Markets, Investment Strategy 00:00 Should we get started with what to expect out of the US? Because I mean, we are headed towards the reopening after the holidays, but valuations are being pretty high. I mean, is this a concern? Mm. Yes, it is a concern. It’s one of the few concerns. However, I think people are very happy that we’ve seen a turn in tariffs lower. We’re seeing a turn in rates lower, We’re seeing taxation lower. And of course, you’ve got an incentive now for both the administration to be joined by the Fed in creating good economic conditions in front of the midterms next year. So I think there’s still a fair bit of momentum behind the US market. I think the difference in 2025 is that there are other stories around the world. Japan’s one of them, China is another one of them. So it’s not just a US exclusive ball story, but I think the story in the US is still fairly intact. But you’re very right, the valuations are the one thing the longer term investors are looking at in the US and saying, Can I real ...

Original title: Japanese 10-Year Bonds Gain After Strongest Auction Since 2023 Japan’s 10-year government bond auction saw its strongest demand since October 2023, bringing some relief as investors were attracted to elevated yield levels. The yield on the benchmark 10-year bond fell 2.5 basis points to 1.595% after touching 1.625% Monday, close to the highest since 2008, and bond futures gained after the auction result. The bid-to-cover ratio jumped to 3.92 from 3.06 at last month’s sale, comfortably above the 12-month average. ...

Original title: Stocks Edge Up, Gold Hits Record on Rate-Cut Bets: Markets Wrap Asian stocks posted a modest gain and gold reached a record high with traders positioning for an interest-rate cut by the Federal Reserve as early as this month. Shares in Japan and South Korea rebounded from their Monday losses while indexes in China and Hong Kong retreated. Oil drifted higher with attention on an upcoming OPEC+ meeting. The yen fell Bloomberg Terminal 0.3% against the dollar after Bank of Japan Deputy Governor Ryozo Himino ’s speech provided few clues on the future direction of interest rates. ...

Original title: Dwayne Johnson: I was pigeon-holed as box office star Dwayne Johnson: I was pigeon-holed as box office star 5 hours ago Share Save Steven McIntosh Entertainment reporter at the Venice Film Festival Share Save A24 Johnson, pictured in The Smashing Machine, said he had “been scared to go deep and intense and raw until now” US actor Dwayne “The Rock” Johnson has said he had a “burning desire” to make a different kind of film, after years of being “pigeon-holed” as a blockbuster star. The 53-year-old could be in line for the first Oscar nomination of his career for his role in The Smashing Machine, which has just launched at the Venice Film Festival. Johnson said playing UFC fighter Mark Kerr in the movie had “certainly changed my life”, adding that the transformation was something he was “really hungry to do”. He told journalists: “I’ve been scared to go deep and intense and raw until now, until I had this opportunity to do this.” Johnson is best known for his roles in big-budget movies such as Jumanji, San Andreas, Black Adam, Moana, Baywat ...

Original title: John Malone Says He Advised David Zaslav on His Controversial Warner Bros. Discovery Compensation Package Media mogul John Malone is opening up about advising David Zaslav, the chief executive of Warner Bros. Discovery, on his new contract with the media giant. In an interview with the New York Times about his memoir Born to be Wired, Malone, Zaslav’s longtime mentor, told the publication that he recently advised the WBD boss on a new contract that would maximize his potential for generating long-term wealth but also dampen down public criticism that surrounded previous pay deals by keeping the headline figure of the package “skinny.” In April, The Hollywood Reporter reported that Zaslav received a 2024 compensation package worth $51.9 million, compared with $49.7 million in 2023 and $39.3 million in 2022 when the Discovery-WarnerMedia merger closed. However, in June, WBD shareholders voted to reject the 2024 compensation packages of its top executives, including Zaslav. “It doesn’t look like it’s all that generous, but in reality, it’s your path to meaningful wealth,” Malone opined to the ...

Original title: Gold Punches Through $3,500 to Hit Record High on Rate-Cut Bets Gold hit a record high as the prospect of Federal Reserve rate cuts and growing concerns over the central bank’s future gave fresh legs to the multiyear rally in precious metals. Bullion for immediate delivery rose as much as 0.9% to $3,508.73 an ounce — surpassing the previous peak reached in April — before paring some gains during early trading in Asia on Tuesday. The precious metal has gained more than 30% this year, making it one of the best-performing major commodities. ...