The European Central Bank raises its deposit rate by 25 basis points to 2.5%, pressing ahead with tighter policy as the Iran war pushes up energy costs and inflation risks across the euro area. The move, which takes effect on Thursday, marks the bank’s second rate increase since the conflict began.

The U.S. Justice Department is investigating Nvidia’s licensing deal with AI chip startup Groq over concerns the arrangement may have been structured to avoid antitrust review. The probe focuses on whether the agreement functions like a transaction that would normally trigger scrutiny under merger-control rules.

Nasdaq plans to invest $100 million in Payward, the parent of crypto exchange Kraken, to build out tokenized stock trading. The partnership aims to create infrastructure for digital versions of equities with features such as round-the-clock trading and shares that preserve corporate voting rights.

Iranian strikes hit Muwaffaq Salti Air Base in Jordan and damage U.S. military aircraft, including an A-10 Thunderbolt II and several F-15s. The attack adds a direct business risk through its implications for energy markets, investor sentiment, and the broader regional security environment.

Hero Motors sets a price band of ₹79 to ₹84 a share for its ₹1,000-crore initial public offering. The subscription window opens on September 16 and closes on September 18, with the company scheduled to make its stock market debut on September 23.

A Hong Kong court convicts the Asian publisher of The Wall Street Journal of deterring former reporter Selina Cheng from pursuing a leadership role in the Hong Kong Journalist Association. The ruling finds Dow Jones Publishing Co (Asia) guilty on a charge tied to preventing her from running for or serving in the union.

The City of London Corporation begins a formal process that could strip Andrew Mountbatten-Windsor of the Freedom of the City of London. The move follows his refusal to surrender the honour voluntarily after the corporation asked him to do so.