SoftBank’s PayPay US listing review stalled by government shutdown, company president says

The US government shutdown has now reached its 36th day, marking the longest shutdown in history, surpassing the previous record from early 2019. This prolonged closure is costing the economy between $10 billion and $30 billion each week, according to analysts. The situation is critical as it affects not only government operations but also the livelihoods of many Americans, highlighting the urgent need for a resolution.

The article provides an overview of the longest government shutdowns in U.S. history, detailing their duration and impact on federal operations. Understanding these shutdowns is crucial as they highlight the political tensions in Congress and the effects on federal employees and services, which can resonate with citizens and affect public trust in government.

Hong Kong's stock exchange, HKEX, has reported another record quarter, driven by robust trading and listing activities. This surge is significant as it reflects the growing confidence in the market and the attractiveness of Hong Kong as a financial hub, which could lead to more investments and economic growth in the region.

SoftBank has reported a record high revenue for Q2 2025, showcasing its strong performance in the tech sector. This achievement is significant as it reflects the company's successful investments and strategic decisions, positioning it favorably in a competitive market. Investors and analysts are optimistic about the future, as this growth could lead to increased shareholder value and further innovation.

Guangdong Haid Group Co., a leading Chinese producer of animal and fish feed, is moving forward with its plans for a Hong Kong listing by selecting banks to assist in the process.

Unilever's plan to spin off its ice cream unit has hit a snag, with trading set to begin nearly a month later than expected due to delays caused by the US government shutdown.

The US government is facing its longest shutdown as President Trump resists pressure to negotiate. This stand-off is jeopardizing food supplies for millions of Americans, raising concerns about the impact on vulnerable populations.

Corn and soybean prices have dropped as uncertainty looms over export demand due to a US government shutdown, which has left traders without crucial data on sales to China and other countries. This situation is significant as it highlights the vulnerability of agricultural markets to political events, potentially impacting farmers and the broader economy.

Estonia's Foreign Minister has called on China to align with the United States and European nations in applying pressure on Russian President Vladimir Putin. This appeal highlights the growing international consensus on the need to address Russia's actions, particularly in light of ongoing geopolitical tensions. By urging China to take a stand, Estonia is emphasizing the importance of global cooperation in promoting stability and peace.

Oil prices remain steady despite the release of weak economic data and fluctuations in equity markets. This stability is significant as it reflects the ongoing balance between supply and demand in the oil sector, even when broader economic indicators suggest uncertainty. Investors are closely monitoring these trends, as they could impact future pricing and market strategies.

TSX futures are showing an upward trend after the index recently hit a near six-week low. This rebound is significant as it reflects investor confidence returning to the market, suggesting that the previous slump may have been a temporary setback. Understanding these fluctuations is crucial for investors looking to navigate the stock market effectively.

Power Integrations has reported earnings that met expectations, but the company's weak guidance has led to a significant drop in its stock shares. This situation highlights the challenges the company faces in the current market environment, raising concerns among investors about future performance and growth prospects.

Electrovaya has announced the pricing of its public offering of common shares at $5.20 each, which is a significant step for the company as it seeks to raise capital for its growth initiatives. This move is expected to enhance its financial position and support its ongoing projects in the battery technology sector, making it an important development for investors and stakeholders.

The New York Times Company has announced a significant increase in its third-quarter profit and revenue, driven by a surge in subscription growth. This is great news for the company as it reflects the effectiveness of their strategy to attract more readers and enhance their digital offerings. As more people turn to reliable news sources, the Times' success highlights the importance of quality journalism in today's media landscape.