The Bank of Russia said part of the ruble's depreciation in August stemmed from exporters using export proceeds to pay for imports, including equipment for oil refinery maintenance.

US Secretary of State Rubio said the US has ample ammunition to achieve its objectives in Iran, but its scope of action is not limited to that country.

SoftBank-backed used-car marketplace Carro is considering a dual listing on Nasdaq and the Singapore Exchange’s Global Board and could be the first to use Singapore’s new mechanism for a Singapore–Nasdaq dual listing. Insiders say Carro has confidentially filed U.S. IPO paperwork and recently submitted documents for a Singapore listing. The company may seek about $400–500m and is targeting a dual listing later this year or in 1H next year; discussions are ongoing and plans may change. Carro could abandon a Singapore leg depending on investor demand. A company spokesperson said it periodically assesses financing needs and opportunities and will disclose at the appropriate time.