Two Thai businessmen have sued Tether, alleging that their $42.4 million USDT wallet was blacklisted without a search warrant or court order after an informal request from U.S. government agents. According to Odaily, the plaintiffs are seeking to have the funds unfrozen and are also claiming profits generated from Tether’s investment of the corresponding reserves during the freeze period.

According to Jin10, FTSE Russell announced review changes to the FTSE China Index Series, adding AMEC and Shandong Sinocera Functional Material to the FTSE China A50 Index and removing Muyuan Foods and Wanhua Chemical. The changes will take effect after the close on September 18.

Dunhuang Seed shares fell to the daily limit-down level on September 2, closing down 9.98% at 8.21 yuan per share, with a market value of 4.3 billion yuan, according to Jiemian News. The company said the move was influenced by multiple factors and described it as a normal pullback after the stock had already risen sharply since it issued its half-year earnings forecast. Dunhuang Seed said its main product is hybrid corn seed, with sales concentrated in the first and fourth quarters and sales regions covering Northeast China, Southwest China and Huainan, among other areas. The company added that specific details should be based on its official announcements.

Oil shipments to India have been disrupted by renewed fighting in the Middle East, with at least two refiners forced to arrange more costly alternative cargoes after planned deliveries failed to arrive on time, according to Bloomberg. The report did not identify the refiners or specify the shipments involved.

Kingspan Group Plc is seeking to raise an expected €800 million from a two-part green bond sale, according to Bloomberg. The Irish company lifted its profit outlook last month after demand tied to the AI data center buildout increased.

Hansoh Pharmaceutical Group (03692) said its marketing application for HS-20093 for injection has been accepted by China's National Medical Products Administration, according to ETNet. The innovative drug is intended to treat adult patients with small-cell lung cancer who have failed prior platinum-based therapy. Hansoh said HS-20093 is a self-developed B7-H3-targeted antibody-drug conjugate.

The onshore yuan closed at 6.7219 per dollar, down 1 pip and marking a second straight decline, according to ETNet. It traded between 6.7212 and 6.7250 during the session, the weakest level since August 25. The offshore yuan was down 10 pips at 6.7237. The daily midpoint was set at 6.7829, down 20 pips and the weakest since August 27, about 590 pips softer than market expectations. Market participants said higher oil prices have intensified inflation concerns, while a firmer dollar and U.S. Treasury yields have continued to weigh on the yuan. Maybank said the People's Bank of China is likely to keep limiting the pace of yuan appreciation, while the market remains focused on whether the Federal Reserve will raise rates.

AEON (00984) said it signed a lease agreement and a licence agreement on September 2, 2026 to rent Shop No. 101 on the first floor of 101 King's Road in Hong Kong for its department store business under the Mono Mono brand, according to ETNet. The company said total base rent during the lease term is about HK$9.02 million, subject to turnover rent and excluding government rent, rates and management fees. Initial total management fees are about HK$2.02 million, while the monthly fee during the licence period is HK$1.

According to Jin10, Rosatom CEO Alexey Likhachev said Russian President Vladimir Putin and Iranian President Pezeshkian held detailed discussions on the status of Iran's Bushehr nuclear power plant during their bilateral meeting in Bishkek.

According to Kyodo News, The Korea Herald and Hong Kong Economic Times, Asian equities broadly retreated Wednesday as rising government bond yields and renewed US-Iran hostilities drove crude prices higher and revived inflation and rate-hike worries. Tokyo's Nikkei Stock Average ended down 1,889.70 points, or 2.85%, at 64,325.64, falling for a third straight session after briefly dropping more than 3%; the broader Topix lost 100.26 points, or 2.40%, to 4,081.60. The 10-year Japanese government bond yield touched 3.015%, its highest since September 1996, as speculation grew over a September Bank of Japan rate hike. Chip-related names fell, with Tokyo Electron down 3.40% and Advantest off 2.52%. Seoul's KOSPI tumbled 273.08 points, or 3.99%, to 6,562.72, ending a two-session winning streak. Foreign and institutional investors sold a net 1.9 trillion won and 2 trillion won of shares, respectively. Samsung Electronics fell 4.02% to 250,500 won and SK hynix dropped 4.73% to 1.61 million won, while Hyundai Motor sank 5.62% and LG Energy Solution lost 5.31%. Daishin Securities analyst Lee Kyung-min said sentiment was weighed by rising oil prices and sovereign debt yields in major economies. Hong Kong stocks pared early losses to close little changed, with the Hang Seng Index down 18 points, or 0.07%, at 25,311, holding the 25,000 level after touching an intraday low of 25,008; turnover reached HK$216.69 billion and the Hang Seng Tech Index fell 0.7% to 4,517. HSBC rose more than 1% and Meituan gained over 2%, while CATL fell 4% and Zhipu dropped about 5%. Chinese brokerage shares slid, with CICC down more than 7%. Taiwan's TAIEX fell 784 points, or 1.67%, to close at 46,164.72, breaking its five-day line, with turnover of NT$918.39 billion. TSMC dropped 2.25% to NT$2,385 and MediaTek fell about 1% to NT$4,275, while Delta Electronics slumped more than 7%; AI server and optical-communication names such as Wiwynn and Sinbon bucked the trend. In mainland China, the Shanghai Composite closed down 0.97%, the Shenzhen Component fell 1.88% and the ChiNext Index dropped 2.39%, with more than 3,900 stocks declining. Combined turnover was 1.79 trillion yuan. Defense stocks were active while seed and lithium-battery shares weakened.

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