Finance, Banking & Insurance

CME Group FX Futures Open Interest Hits Record 4.41 Million Contracts

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CME Group FX Futures Open Interest Hits Record 4.41 Million Contracts

Chicago – September 10, 2026 -- CME Group's FX futures and options open interest climbed to a record 4,410,167 contracts on September 10, 2026, eclipsing the prior high of 4,269,622 contracts set on September 10, 2026.

Large open interest holders reach all-time high of 1,446

The number of large open interest holders in FX futures hit an all-time high of 1,446, according to the CFTC's Commitment of Traders report dated September 10, 2026.

Asset managers surpass $200 billion in FX futures notional exposure

Asset managers exceeded $200 billion in FX futures notional open interest for the first time, marking a new threshold for buy-side participation in the market.

KuCoin Debuts KCUSD Stablecoin Yield Product With Up to 6% APR

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KuCoin Debuts KCUSD Stablecoin Yield Product With Up to 6% APR

Providenciales, Turks and Caicos Islands – – September 10, 2026 -- KuCoin has launched KCUSD, a new Earn product offering daily yields backed by real-world assets, aiming to convert idle stablecoin balances into productive capital for retail, high-net-worth and institutional users.

KCUSD offers a dynamic base APR of up to 4%, with promotional rates reaching 6%

Users can subscribe with as little as 1 USDT, USDC or USDG, with no subscription fee and same-asset redemption options. Returns are credited daily and automatically compound into users' KCUSD balances without manual reinvestment. Eligible users depositing qualifying new funds during the initial launch period can access a promotional APR of up to 6%.

Eightco Discloses $380M Treasury, Buys Back 25M Shares

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Eightco Discloses $380M Treasury, Buys Back 25M Shares

Easton, Pennsylvania – September 10, 2026 -- Eightco Holdings Inc. (NASDAQ: ORBS) disclosed total treasury holdings of approximately $380 million as of September 10, 2026, at 8:00 p.m. ET, anchored by indirect stakes in OpenAI and Beast Industries alongside large digital-asset positions.

Eightco holds $90 million in OpenAI via SPVs, representing 24% of treasury assets

The company's indirect exposure to OpenAI's parent, structured through special purpose vehicles, marks one of the largest disclosed concentrations in the AI leader among publicly traded firms.

Ping An's Sustainability Rating Hits A+ as H1 Profit Jumps 36.1%

Hong Kong – September 10, 2026 -- Ping An Insurance (Group) Company of China (HKEX: 2318; SSE: 601318) has been upgraded to an A+ rating in the 2026 Hang Seng Sustainability Rating, marking its third consecutive annual improvement and placing the insurer among the top 10% of financial companies assessed.

Fosun International Hits Record AA+ in Hang Seng Sustainability Rating

Hong Kong – September 10, 2026 -- Fosun International Limited (HKEX: 00656) has had its Hang Seng Sustainability Rating upgraded from AA- to AA+, a record high for the Group, following the 2026 ratings review by Hang Seng Indexes Company Limited that took effect the same day.

Rating upgrade breaks three-year plateau at AA-

Fosun had held the AA- rating for three consecutive years before this year's jump to AA+. The Hang Seng Sustainability Rating covers approximately 500 Hong Kong-listed companies within the Hang Seng Composite Index and more than 1,300 A-share companies in the Hang Seng China A (Investable) Index, based on a framework developed by the Hong Kong Quality Assurance Agency assessing seven core indicators including corporate governance, environment and fair operating practices.

Ping An Rating Hits A+ on Hang Seng Index as H1 Net Profit Jumps 36%

Hong Kong – September 10, 2026 -- Ping An Insurance (Group) Company of China, Ltd. (HKEX: 2318; SSE: 601318) has been upgraded from A to A+ in the 2026 Hang Seng Sustainability Rating, marking the third consecutive annual improvement for the insurer. The upgrade places Ping An's A-shares in the top 10% of both the broader A-share universe and financial-sector peers, while its H-shares rank in the top 20% of Hong Kong-listed companies and top 10% of financials.

GLS Bank Executive Warns AfD Win in Saxony-Anhalt Threatens Business Climate

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GLS Bank Executive Warns AfD Win in Saxony-Anhalt Threatens Business Climate

Bochum – – September 10, 2026 -- GLS Bank board member Aysel Osmanoglu has issued a public statement following an unexpectedly strong result for the far-right AfD in Saxony-Anhalt's state election, warning that the outcome puts fundamental societal achievements and democracy itself at risk.

GLS Bank says an AfD-led state government would pressure its civil-society client base

Osmanoglu, who sits on the board of the Bochum-based socio-ecological GLS Gemeinschaftsbank, said the bank counts many organizations from civil society among its customers and that an AfD-led regional administration would place these clients under direct pressure.

Executive links open, diverse society to a resilient economic future

"The free and diverse society is the foundation for a good life and a future-proof economy," Osmanoglu said, arguing that democratic values and economic viability are directly connected rather than separate policy tracks.

Rho Adds Credit Card and Google Pay Payments to Invoicing Platform

New York – September 09, 2026 -- Rho now lets Rho Invoicing customers accept credit card, debit card, and Google Pay payments directly on invoices, adding to existing ACH and wire options within the same banking account.

Card payments carry a 2.9% plus $0.30 processing fee paid by the invoicing business

The fee is deducted from the payment before funds deposit into the business's account, while inbound ACH and wire transfers remain free. Payers are not shown a surcharge at checkout. Card payments apply only to USD-denominated invoices and are capped at a default daily limit of $10,000 across a business's invoices, with higher limits available on request.

Cheche Group Net Revenue Falls 34.4% as It Pivots to AI Insurance Tech

Beijing – September 09, 2026 -- Cheche Group Inc. (NASDAQ: CCG) reported a 34.4% year-over-year decline in net revenues to RMB885.0 million (US$130.4 million) for the first half of 2026, as the Chinese auto insurance technology platform deliberately exits lower-margin business lines to focus on new energy vehicle (NEV) insurance and AI-driven services.

Net loss widens 72.3% despite margin gains

Net loss increased to RMB44.1 million (US$6.5 million) from RMB25.6 million in the prior-year period, driven largely by a RMB35.1 million (US$5.2 million) specific allowance for credit losses on long-aged, high-risk receivables. Adjusted net loss rose 257.7% to RMB37.7 million (US$5.6 million). Gross margin nonetheless expanded to 6.5% from 4.9%, as NEV premiums climbed to 31.0% of total written premiums from 22.5% a year earlier.

MTD for Income Tax to Cover 2.9 Million UK Sole Traders by 2028

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MTD for Income Tax to Cover 2.9 Million UK Sole Traders by 2028

Stansted, England – September 09, 2026 -- Making Tax Digital for Income Tax will expand to roughly 2.9 million UK sole traders and landlords by April 2028 as HMRC lowers the qualifying-income threshold in stages, according to an analysis by Your Ecommerce Accountant based on HMRC's 2023-24 business-population data.

864,000 taxpayers entered the first mandatory phase in April 2026

HMRC data shows 864,000 individuals with qualifying self-employment or property income above £50,000 became subject to mandatory MTD for Income Tax from 6 April 2026. This group is now operating within its first mandatory tax year, having previously prepared for the rules rather than complied with them.