The Bank of Japan is leaning against raising interest rates for a second consecutive meeting in October, according to people familiar with its thinking, signalling a more cautious approach to monetary tightening even as inflation pressures persist. The reported stance follows the central bank’s September decision to lift its benchmark rate to 1.25%, the highest
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A selloff in artificial intelligence-related stocks is spreading across emerging markets, putting pressure on equities and weakening investor confidence in currencies as concerns grow over technology valuations and competition from China. Asian markets led the decline on Tuesday, with South Korea’s Kospi falling around 6% as semiconductor shares suffered heavy losses. SK Hynix dropped about
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Saudi Arabia intercepted additional ballistic missiles launched by Yemen’s Houthi movement, intensifying pressure on the kingdom as a widening conflict threatens civilian infrastructure, aviation and investor confidence. The latest attacks targeted Riyadh and Khamis Mushait late Monday, according to the Saudi-led coalition fighting the Houthis. The interceptions followed repeated strikes on King Khalid International Airport
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Slovenia’s luxury property market is increasingly shaped by private transactions, where high-value homes are presented to selected buyers rather than advertised publicly. Known as off-market sales, these deals offer discretion to sellers but can make it harder for buyers and investors to assess the full market. Privacy Has a Price Owners of premium villas, waterfront
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South Korea has entered a new phase of crypto-backed banking after Jeonbuk Bank began offering corporate loans secured by Bitcoin, allowing businesses to borrow Korean won without selling their cryptocurrency holdings. The regional lender, a subsidiary of JB Financial Group, is initially restricting the service to companies seeking working capital. Bitcoin is the only eligible
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Wall Street is pushing exchange-traded funds into a new territory: professional sports. Asset managers have filed proposals for funds tied to individual US hockey, baseball and basketball teams, raising questions about whether financial innovation is becoming increasingly difficult to distinguish from gambling. The proposed products would not give investors ownership of the teams themselves. Instead,
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InterCapital ETF has listed its Poland-focused WIG30TR UCITS ETF on the Bucharest Stock Exchange, giving Romanian investors another route to gain exposure to Poland’s equity market. Trading under the ticker ICWIGETF, the fund tracks the WIG30TR index, which covers 30 of the largest and most liquid companies listed on the Warsaw Stock Exchange. The total-return
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Global cryptocurrency markets staged a powerful recovery in the third quarter of 2026, ending three consecutive quarters of losses as Bitcoin, Ether and major altcoins attracted renewed investor demand. The rebound lifted digital assets well ahead of traditional equity markets, although momentum weakened toward the end of September. Strengths The CoinDesk 20 index rose 52.7%
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OPay Digital Services has secured a strategic investment of approximately $185 million from Standard Bank Group as the Nigeria-focused fintech prepares for a potential listing on the New York Stock Exchange. The investment will give Africa’s largest bank by assets a stake in OPay, with its ownership capped at 4.99%, according to the companies’ disclosures
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Starbucks has rejected speculation that it plans to acquire Chipotle Mexican Grill, ending days of takeover rumours that briefly moved shares in both restaurant chains. The clarification followed an October 8 report that Starbucks had worked with advisers on a possible bid. On Monday, Starbucks said it was not buying Chipotle and reiterated that management
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Goldman Sachs has raised its short-term outlook for global equities, betting that stronger corporate earnings and more attractive valuations could support further gains despite higher energy prices and rising bond yields. The bank’s strategists upgraded their three-month view on global stocks from neutral to overweight, aligning it with their positive 12-month stance. The shift comes
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Oil prices climbed as renewed attacks in the Middle East heightened concerns about energy supplies, while the US dollar remained near an 18-month high as investors assessed geopolitical risks and awaited key US inflation data. Brent crude traded above $105 a barrel during Monday’s trading, while US West Texas Intermediate also advanced. The moves reflected
