NEW: 🏦 Fed Beige Book reports modest economic activity increase since early July.

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NEW: 🏦 Fed Beige Book reports heightened uncertainty from higher energy prices but maintains positive outlook for coming months.

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NEW: 🇺🇸 President Trump says he has very productive things to discuss with President Xi

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NEW: 🌍 BRICS overtakes G7 in total economic output, marking a historic shift in global economic power.

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NEW: 🇳🇴 Norway seizes Russian vessel over $4.2B arbitration award for Crimea assets at Ukraine's request

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NEW: ₿ Bitcoin ETF issuers clear major hurdle on path to SEC approval — Bloomberg reports

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NEW: 🇺🇸 Broadcom raises FY2026 AI revenue guidance to $58B, up 186% YoY, citing accelerated shipments to Anthropic and Meta.

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NEW: ⚡ Broadcom CEO details OpenAI's Jalapeno XPU deployment plans for 5 GW by 2028 and Meta's MTIA accelerator roadmap

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NEW: 🇺🇸 US strike on Iranian city of Sirik kills 18 at wedding party — state media

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NEW: 🇮🇷 Iranian missiles and drones hit US facilities at Erbil International Airport in Iraqi Kurdistan.

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NEW: 🇸🇦 Saudi crude oil exports fell in August to lowest level in 9 years as tanker attacks disrupt shipments

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NEW: 🇸🇦 Saudi Arabia will be allowed to enrich uranium up to 20% on its own soil under new U.S.–Saudi nuclear agreement, currently under congressional review.

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NEW: 🇺🇸 President Trump and President Xi Jinping to meet in Washington DC

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NEW: 🇺🇸 US Treasury Secretary Bessent tells Russia at G20 that no economic support or agreements will be given until Ukraine war ends — Reuters

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NEW: 🇺🇸 Rubio orders U.S. embassies to press governments to cut trade with Iran under “Operation Economic Outcast” — Axios reports

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NEW: 🇨🇳 China fixes yuan midpoint at strongest level since Feb. 8, 2023

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NEW: 🇨🇳 Chinese services PMI beats forecasts at 51.4 in August, up from 50.4

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NEW: 🇨🇳 China composite PMI rises to 52.1 in August, up from 50.8 — Ratingdog

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NEW: 🇺🇸 Pentagon extends US troop deployment in Middle East through 2027 — WSJ reports

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NEW: 🛢️ CNN reports U.S. blockade has halted Iran's oil exports since July — US official

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NEW: 💰 ByteDance gets $30B loan, Asia's second-largest this year

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