Hong Kong's robotics sector experienced a downturn as several key stocks saw declines. According to Jin10, UBTECH Robotics (09880.HK) fell by over 4%, while Sanhua Intelligent Controls (02050.HK) dropped more than 2%. Other companies such as Horizon Robotics (09660.HK) and MicroPort Robotics (02252.HK) also followed the downward trend. The market volatility reflects broader concerns impacting the robotics industry in the region.

XRP spot ETFs in the United States witnessed a substantial net inflow of $3.091 million on February 25. According to NS3.AI, the Bitwise XRP ETF was the primary contributor, attracting $2.295 million, while the Franklin XRP ETF followed with nearly $796,000. Currently, XRP spot ETFs collectively manage assets worth $1.061 billion, with historical cumulative net inflows reaching $1.237 billion.

Kash Patel's recent four-day visit to Italy included a series of briefings and discussions, according to an internal schedule. New York Times posted on X that the itinerary highlighted several hours dedicated to briefings, with a specific half-hour session focused on Olympic security. The details of these meetings and their implications remain undisclosed, but the schedule suggests a focus on security and strategic discussions during the trip.

U.S. President Donald Trump has demonstrated a growing willingness to utilize the full scope of investigative and prosecutorial powers at his disposal. New York Times posted on X, highlighting Trump's assertive approach in employing these powers to further his political agenda. This development comes amid ongoing debates about the balance of power and the role of executive authority in the United States. Trump's actions have sparked discussions among political analysts and lawmakers, with some expressing concern over the potential implications for democratic institutions. Critics argue that such moves could undermine the checks and balances designed to prevent the abuse of power. Supporters of Trump, however, view his actions as a necessary step to address issues they believe have been neglected by previous administrations. They argue that his approach is a reflection of his commitment to fulfilling campaign promises and tackling challenges head-on. As the situation unfolds, the impact of Trump's intensified use of investigative powers remains a focal point in the broader discourse on governance and political strategy in the U.S.

国际金融协会(IIF)周三发布的报告显示，全球债务规模在 2025 年底攀升至了创纪录的 348 万亿美元。其中，光是去年一年债务规模便增长了近 29 万亿美元，创下疫情暴发初期以来最快的年度增速。数据显示，当前全球债务周期已不再主要由家庭或企业驱动，而是主要受主要经济体持续的财政赤字推动。国际金融协会在最新发布的《全球债务监测》报告中指出，这一增长主要由政府驱动，政府债务占去年增长额的 10 万亿美元以上。报告指出，2025 年全球债务占 GDP 的比重小幅回落至了约 308%，这主要受发达经济体推动。而新兴市场债务占 GDP 的比率持续攀升，创下了逾 235%的历史新高。

On February 26, Atlanta Fed President Bostic expressed concerns over the erosion of public trust in the Federal Reserve's political neutrality due to tensions between the Fed and the White House. According to BlockBeats, this marks one of the most direct warnings from a senior monetary policy official regarding the consequences of U.S. President Donald Trump's firm stance against the Fed. In a farewell article written before his retirement from the Atlanta Fed at the end of February, Bostic noted that his colleagues within the Federal Reserve System remain committed to keeping their work separate from politics. However, he observed during recent visits that legal and verbal confrontations surrounding the central bank have led people from various social strata to question the Fed's independence, which he finds deeply concerning. Bostic is not the only Fed official this year to emphasize the importance of central bank independence, but none have issued as direct a warning as he did on Wednesday, highlighting the potential impact of ongoing controversies on public trust in the institution.

The United States has refused to issue visas to eight members of the Cuban delegation participating in the World Baseball Classic. According to Jin10, this decision has sparked diplomatic tensions between the two countries. The Cuban Baseball Federation expressed disappointment, stating that the denial of visas undermines the spirit of international sportsmanship. The U.S. government has not provided specific reasons for the visa denials, but the move is seen as part of the broader geopolitical tensions between the U.S. and Cuba. The Cuban team is now facing challenges in fielding a complete squad for the tournament, which is set to take place soon. This incident highlights ongoing diplomatic strains and the impact of political decisions on international sporting events.

New Zealand companies are experiencing rising costs and a growing number are planning to increase wages to attract or retain employees, according to a recent business survey. Bloomberg posted on X, highlighting the survey's indication of underlying inflation pressures. The survey reveals that businesses are grappling with higher expenses, prompting many to consider wage hikes as a strategy to manage staffing challenges. This trend reflects broader economic concerns as firms navigate the complexities of inflation and labor market dynamics. The survey underscores the ongoing impact of inflation on business operations and the labor market in New Zealand.

The International Monetary Fund (IMF) has projected a 2.4% growth rate for the U.S. economy in 2026, aligning with its January World Economic Outlook (WEO) forecast. According to Jin10, the IMF suggests that the transmission of tariffs to U.S. consumer prices may be less significant than anticipated, potentially accelerating the decline in inflation and bolstering economic activity. However, trade uncertainties could pose challenges to economic performance.

Matt Western, chair of the UK's Joint Committee on National Security Strategy, has called for a temporary suspension of cryptocurrency donations to political parties, citing potential foreign interference. According to Cointelegraph, Western addressed his concerns in a letter to Steve Reed, Secretary of State for Housing, Communities and Local Government, recommending the inclusion of a 'temporary moratorium' on crypto donations in the upcoming Representation of the People Bill. This moratorium would remain until the Electoral Commission provides statutory guidance. Western expressed worries about the increasing likelihood of foreign states attempting to influence UK political finance as the next election approaches. He noted that as the security environment deteriorates and the UK's military involvement in Europe expands, the incentive to sway UK political positions, particularly regarding Ukraine or US/EU relations, is likely to grow. In January, Western, along with other MPs chairing parliamentary committees, advocated for a complete ban on crypto donations in the Representation of the People Bill, warning of the potential for foreign states to use such payments to influence UK politics. However, the bill introduced to the House of Commons on February 12 did not include a full ban. Western argued that the Electoral Commission should mandate political parties to use only crypto services registered with the Financial Conduct Authority, the UK's financial services regulator. He suggested prohibiting donations involving mixers or originating from unknown sources and recommended that political parties convert received crypto to fiat within 48 hours. The next general election in the UK is required to occur by August 15, 2029, while the Representation of the People Bill is set for a second reading in the House of Commons on March 2. Western's letter also proposed longer-term solutions, including the establishment of a national police force dedicated to overseeing political finance and combating foreign interference. He highlighted the lack of a clear national enforcement lead for political finance and foreign interference risks, with responsibilities divided among various agencies such as the Electoral Commission, the Metropolitan Police Service, Counter-Terror Policing, the National Crime Agency, MI5, and local police forces. Additionally, Western recommended implementing source-of-wealth checks for donors, reviewing sentencing for electoral finance offenses, increasing penalties for breaches, and enhancing the Electoral Commission's powers to compel institutions to disclose donation sources. Reform UK became the first party to accept crypto donations in May last year, with leader Nigel Farage announcing at the Bitcoin 2025 conference in Las Vegas that the group is accepting Bitcoin (BTC) and other cryptocurrency contributions from eligible donors.

英伟达发布2026财年Q4财报，营收超出市场预期。公司对下一季度给出780亿美元的营收指引，同样高于华尔街预期。这一强劲业绩有助于缓解市场对AI投资过热可持续性的疑虑。

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