What every headline means for your market
Market headlines straight from their sources, sorted by market, each with the live state of the instruments it affects.
Growth Ambition, Strategic Autonomy and AI for Cows: Postcard from Delhi
It’s tough not to be enthusiastic about India’s development story, but challenges lie ahead.
Oil Trader Yaoyao Liu Who Made Billions for Vitol Is Leaving
Yaoyao Liu, whose trading in oil derivatives made billions of dollars for Vitol Group over a career marked by dramatic highs and lows, is leaving the commodities trading giant.
World Economy Latest: Inflationary Pressures Mount in US
Inflationary pressures are mounting in the US, with fresh consumer and wholesale price data indicating costlier fuel is filtering through into higher prices for other goods and services.
David Byrne Explains How Forgotten Ideas Come Back to Life
History is littered with ideas that have been tossed aside, only for them to gain relevance at some later date. Think of Moby-Dick: forgotten in Melville’s time, but now regarded as the great American novel. Or the work of economist Hyman Minsky, which became influential a decade after his death, when the 2008 financial crisis made “the Minsky Moment”a mainstream term. These are just a couple of the things we talk about with the legendary musician David Byrne on today’s podcast. Byrne’s new book
ECB Leans Toward December Hike as Bangkok Talks Expose Risks
European Central Bank officials are preparing to finish 2026 with a third interest-rate increase, the last before an increasingly complex backdrop overshadows decisions next year.
Healey Laps Up the IMF’s Praise But the Real Test Is His Budget
Britain received unexpected praise for its fiscal restraint at the International Monetary Fund’s annual meetings in Bangkok this week. While welcome, the fund’s support puts an even brighter spotlight on Chancellor of the Exchequer John Healey ahead of his debut budget in two weeks’ time.
‘Wow, it’s a real discovery’: Claude cracks a 25-year NSA number mystery
Numbers the spy agency handed over in the 1990s, long suspected of hiding a backdoor, turn out to have come from a basic computer program. Bitcoin was never on that list, and its quantum problem hasn’t gone anywhere.
Iraq Seeks IMF Program, Fund Chief Pledges ‘Firm’ Support
The head of the IMF said that Iraq has approached the Washington-based lender for a new program, a request she said the fund intends to support.
Lagarde Says Sustainable Finances Key for Economic Stability
European Central Bank President Christine Lagarde stressed the importance of sound public finances when she addressed ministers in charge of budgets from around the world in Thailand.
Lagarde Says Sustainable Finances Key for Economic Stability
European Central Bank President Christine Lagarde stressed the importance of sound public finances when she addressed ministers in charge of budgets from around the world in Thailand.
China Warns Corrupt Officials Can’t Expect a Safe Landing
China’s top anti-graft authorities warned that officials who engage in corruption cannot expect a “safe landing,” regardless of their rank, past contributions or whether they’ve retired, according to a commentary from the CPC Central Commission for Discipline Inspection and National Commission of Supervision.
Japan’s Takaichi to Attend APEC in China if Parliament Allows
Japanese Prime Minister Sanae Takaichi said she plans to attend the APEC leaders summit hosted by China if parliament permits, confirming her willingness to visit amid a deep freeze of ties between the two Asian economies.
Fairfax’s Watsa Bets On IDBI Payoff As India Booms, Report Says
Canadian billionaire Prem Watsa is betting that his Fairfax Financial Holdings Ltd.’s acquisition of IDBI Bank Ltd. will pay off given India’s growth prospects, the Economic Times reported.
India Halts Sugar Diversion to Ethanol After El Nino Hurts Crops
India has ordered state-owned fuel retailers to stop procuring ethanol made from sugar and key sugarcane-based feedstocks in move that may help keep a lid on prices of the sweetener.
China Encourages Cinemas to Add Sports Events and Lottery Sales
China is encouraging cinemas to screen major sporting events, host sports activities and sell sports lottery tickets as part of a drive to link moviegoing with sports consumption, according to a notice from the National Film Administration and General Administration of Sport.
Vietnam Prime Minister Targets 2027 GDP Growth of at Least 10%
Vietnam’s Prime Minister Le Minh Hung projected gross domestic product will expand at least 10% next year as he outlined the nation’s economic targets in a speech to parliament.
India’s ‘Cockroach’ Protest Leader Faces Court in Voter-List Row
The founder of India’s “Cockroach” protest movement was released on Saturday after being taken into police custody, according to its legal affairs head, as a widening fight over the country’s voter rolls keeps New Delhi on edge.
Satoshi-era bitcoin faces a bigger quantum threat after Google’s new Willow breakthrough
Google says its Willow chip can prepare the special quantum states needed for advanced calculations with about 40 times fewer errors, reducing one of the hardware bottlenecks behind any future attempt to crack bitcoin wallets.
Jio’s $3.2 Billion IPO Tests Ambani Appeal With Young Indians
For generations of Indians, Reliance Industries Ltd. was their introduction to the stock market. Founder Dhirubhai Ambani drew middle-income savers into shares, building a following that endured for decades.
Meloni’s Fiscal Restraint in Italy Is Set to Endure, DBRS Says
Italy will probably keep adhering to the European Union’s budget discipline even if it reverts to political instability, Morningstar DBRS said.
Chinese Stocks Turn Biggest Losers as Global AI Trade Stumbles
Chinese firms have emerged as the biggest losers of the faltering global AI trade, a setback for Beijing’s efforts to use stock markets to supercharge its ambition of technological supremacy.
The Kiwi defies hot US inflation as Fed pause bets weaken the USD
The New Zealand Dollar ended the week on a higher note against the US Dollar, up 0.55% to 0.5652, as the Greenback weakened amid investors' skepticism about a Fed hike in October despite the US docket featuring red-hot inflation.
U.S. budget deficit swells to almost $2 trillion for fiscal 2026, up 12% in a single year
The Treasury Department published the U.S. budget deficit for the 2026 fiscal year.
Analysis: Why a $2 trillion deficit and 5% Treasury yields are becoming America's biggest…
Treasury yields above 5% are raising borrowing costs for households and the federal government, highlighting the challenge of financing $2 trillion deficits.