Finance, Banking & Insurance

Marsh, Resilience Launch Cyber Protect in Asia as Confidence Lags

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Marsh, Resilience Launch Cyber Protect in Asia as Confidence Lags

Singapore – September 06, 2026 -- Marsh and Resilience have launched Cyber Protect in Asia, bundling cyber insurance placement with 24/7 AI-powered threat monitoring at no additional cost to policyholders, as only 50% of Asia-based organizations report confidence in their cyber risk management, the lowest level globally versus a 72% worldwide average.

Cyber Protect pairs insurance with round-the-clock threat detection

The offering is available exclusively through Marsh across Asia, excluding China, to organizations that purchase Marsh-brokered cyber insurance. It combines Marsh's cyber insurance placement expertise with Resilience's Risk Operations Center (ROC), which continuously scans a policyholder's external-facing infrastructure to detect vulnerabilities before exploitation.

Cherubic Ventures Closes $68.88M Fund VI, AUM Tops $500M

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Cherubic Ventures Closes $68.88M Fund VI, AUM Tops $500M

Taipei – September 06, 2026 -- Cherubic Ventures has closed its sixth fund at $68.88 million, pushing total assets under management across its six funds past $500 million.

Fund VI's Portfolio Companies Have Already Raised Over $500 Million in Follow-On Capital

Despite being early-stage, Fund VI's backed startups have collectively secured more than $500 million in subsequent funding rounds. The fund continues the firm's focus on AI-native companies spanning infrastructure, developer tools, enterprise software, healthcare, physical AI and robotics.

Egan-Jones: Apple Bonds Show Strong Credit Doesn't Prevent 50% Losses

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Egan-Jones: Apple Bonds Show Strong Credit Doesn't Prevent 50% Losses

NEW YORK – September 03, 2026 -- Egan-Jones Ratings Co. released an analysis showing how a fixed income investor can select a top-tier issuer, complete rigorous due diligence, and still lose roughly half a position's value.

Apple's 2060 notes have lost half their value since issuance

The commentary centers on Apple's 2.55 percent senior notes due 2060, issued in August 2020 at approximately par. The notes traded near 68 percent of par in December 2023 and have since fallen to about half of par, quoted at 50.92 on the Frankfurt Stock Exchange on August 27, 2026.

Egan-Jones: Apple's AA+ Bonds Lose Half Value Despite Strong Credit

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Egan-Jones: Apple's AA+ Bonds Lose Half Value Despite Strong Credit

New York – September 03, 2026 -- Egan-Jones Ratings Co. has published an analysis showing how a fixed income investor can select a top-tier issuer, complete rigorous due diligence, and still lose roughly half of a position's value.

Apple's 2060 notes have fallen from par to about 51 cents on the dollar

The commentary centers on Apple's 2.55 percent senior notes due 2060, issued in August 2020 at approximately par. The bonds traded near 68 percent of par in December 2023 and have since dropped further, with a Frankfurt Stock Exchange quote of 50.92 on August 27, 2026. Egan-Jones attributes the decline to rising longer-term interest rates, a heavy supply of AI-related debt crowding the market, and broader investor unease, compounded by a security that was priced to perfection at issuance.

Outmarket AI Launches Benefits Module to Automate Broker Paperwork

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Outmarket AI Launches Benefits Module to Automate Broker Paperwork

San Francisco – September 03, 2026 -- Outmarket AI has launched an expanded Employee Benefits module designed to automate the full administrative workflow cycle for insurance brokerages, converting raw carrier documents, census files, and bills into structured, ready-to-use outputs.

Platform extracts data from carrier documents to eliminate manual VLOOKUPs and hand-formatting

The AI-native module allows agents to upload plan documents in any format—PDF, Word, or Excel—from any carrier to automatically build side-by-side plan comparisons covering medical, vision, dental, ancillary, and Rx tiers. Brokers can feed plan documents from up to 10 carriers alongside a census file to generate cost comparisons, run contribution scenarios, and calculate affordability.

KuCoin Adds FinChain's FUSD as Collateral in RWA Trading Tool

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KuCoin Adds FinChain's FUSD as Collateral in RWA Trading Tool

Providenciales, Turks and Caicos Islands – September 03, 2026 -- KuCoin has partnered with FinChain to integrate the yield-bearing stablecoin FUSD into its RWA Collateral Mirroring Solution (RCMS), allowing institutional clients to use custodied real-world assets as trading collateral without selling or transferring them to the exchange.

RCMS lets institutions map custodied FUSD value directly to KuCoin trading accounts

Under the arrangement, FUSD's eligible collateral value is assessed within a designated custody framework and mapped to relevant KuCoin trading accounts under platform rules. Institutional users retain existing custody and yield arrangements while tapping KuCoin's liquidity, trade execution, risk controls and position management to deploy capital.

Fosun International Profit Jumps 160.3% to RMB1.72 Billion in H1 2026

HONG KONG -- September 01, 2026 -- Fosun International reported a 160.3% year-on-year surge in first-half profit attributable to owners of the parent to RMB1.72 billion, the conglomerate said at an interim results presentation held in Hong Kong on Aug. 28. Total revenue for the six-month period reached RMB86.96 billion, with overseas markets contributing RMB49.16 billion, or 56.5% of the total. The briefing marked Fosun's first in-person results presentation in Hong Kong in six years, attended by Chairman Guo Guangchang, Co-Chairman Wang Qunbin, Co-CEOs Chen Qiyu and Xu Xiaoliang, and CFO Gong Ping.

Four Core Units Generate 73.5% of Group Revenue

Fosun Pharma, Yuyuan, Portuguese insurer Fidelidade, and the group's tourism segment together accounted for 73.5% of total revenue in the first half, the company disclosed. Pharmaceutical and insurance operations delivered the strongest performance among the four units.

Diffraqtion Closes $10M Pre-Seed With Lockheed Martin, Sumitomo

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Diffraqtion Closes $10M Pre-Seed With Lockheed Martin, Sumitomo

SOMERVILLE, Mass. -- September 01, 2026 -- Diffraqtion capped its pre-seed funding round at more than $10 million after Lockheed Martin Ventures and Presidio Ventures, the venture arm of Sumitomo Corporation, joined as strategic investors, the MIT and University of Maryland spinout announced Aug. 31, 2026. The Somerville, Massachusetts-based company builds quantum camera platforms for defense and space sensing. The new capital follows on-sky demonstrations, progress under a DARPA SBIR program, and two NASA awards covering orbital debris tracking and orbital edge computing.

Yorkville America Launches FRUT ETF Blending AI Platforms and Chip Suppliers

MOUNTAINSIDE, N.J. -- September 01, 2026 -- Yorkville America Equities, LLC launched the Yorkville America MANGOS Plus Index ETF, trading under ticker FRUT on NYSE Arca and NYSE Texas, the firm announced Aug. 31, 2026. The fund combines six AI platform companies with seven hardware and infrastructure suppliers inside a single rules-based index, charging a 0.50% expense ratio with quarterly distributions. Tidal Investments, LLC serves as sub-adviser, and PINE Distributors LLC acts as distributor.

FRUT commits 80% of assets to twelve named AI companies

At least 80% of the fund's net assets go toward what Yorkville America calls the MANGO Plus Group: Meta Platforms, NVIDIA, Alphabet, SpaceX, OpenAI and Anthropic, plus SanDisk, Marvell, Micron, Intel, Dell, AMD and Broadcom. Exposure comes through direct holdings, private securities or total return swaps, with direct private-security holdings capped at 5% of net assets.

Oppenheimer Adds Former UNC Star Joel Berry II to NC Advisory Team

NEW YORK -- September 01, 2026 -- Oppenheimer & Co. Inc. hired Joel Berry II as a Financial Advisor to its Robinson Private Client Group in Winston-Salem, North Carolina, the firm announced on Aug. 31, 2026. Berry arrives from Truist Financial to expand the team's advisory work with current and former athletes navigating Name, Image and Likeness deals and revenue-sharing arrangements. The Robinson Private Client Group, led by Managing Director Tanner G. Robinson, oversaw more than $6 billion in client assets as of June 30, 2026.