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Asia shares are rising as global markets focus on the upcoming speech by US Federal Reserve Chair Jerome Powell at the Jackson Hole symposium. Analysts suggest this speech could be pivotal for Powell's legacy and may influence future monetary policy.

Reports indicate that the government may reform the property tax system to increase revenue. Rachel Reeves is exploring her options regarding this potential change.

DHL has announced it will restrict its parcel services to the US, joining other logistics companies in this decision. This move is expected to impact international shipping and delivery times.

Elon Musk's consortium proposed a $97.4 billion bid to acquire OpenAI, seeking to involve Mark Zuckerberg in the process. This move is part of Musk's ongoing legal disputes with the company he co-founded.

Investors are cautious as they await a speech from Federal Reserve Chair Jerome Powell, which could influence currency markets. The anticipation is creating a careful atmosphere among traders.