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.
CME’s bitcoin cash, uniswap futures, global PMIs: Crypto Week Ahead
Your look at what's coming in the week starting Oct. 19.
Morgan Stanley’s Wilson Says Get Ready to Buy as Stock Drop Ends
Investors should prepare to add risk to their portfolios as a months-long pullback in parts of the equity market nears an end, according to Morgan Stanley’s Michael Wilson.
Pakistan Growth Disappoints as Middle East Crisis Tests Recovery
Pakistan’s economy grew less than expected in the last quarter of the financial year to June, signaling a loss of momentum in the recovery as the conflict in the Middle East poses fresh risks to the outlook.
Kelly Clarkson’s expensive purchases: A multi-million dollar real-estate portfolio…
From a sprawling waterfront mansion in Tennessee and a lavish California estate to a cozy Montana ranch, Kelly Clarkson is no stranger to expensive purchases.
The Beach Boys’ Mike Love goes the extra mile to protect the land around $43…
Beach Boys star Mike Love has revealed the extraordinary lengths he went to preserve the natural beauty surrounding his sprawling $43 million Lake Tahoe estate.
China Signals Overnight Rate Set to Become Main Policy Benchmark
China’s central bank signaled its overnight reverse repurchase rate will replace the current seven-day rate as the new policy benchmark, in another step that aligns it closer with global peers.
Kenyan Remittances Dented by New US Tax, Fallout from Iran War
Remittance flows to Kenya could decline this year for the first time since 2009, as a new US tax on money transfers and headwinds from the Iran war stunts the nation’s largest source of foreign exchange.
India’s Finance Minister blames easy exits and excess liquidity for equity market's…
Sitharaman identified fuel, fertilizer and access to capital as risks for India’s economy in 2027.
HKMA Gives Darryl Chan New Roles in Executive Function Reshuffle
Hong Kong’s de facto central bank is again shuffling executive roles, according to people familiar with the matter, as it prepares to make way for a new crop of leaders in the coming years.
Can Microbes Solve the Copper Problem?
The global copper supply is on a collision course with growing electricity demand. Now some companies are turning to biomining, the process of using microbes to extract metals, to boost supply. (Source: Bloomberg)
Don Wilson on the GPU Market’s Trillion Dollar Question
When we spoke to Don Wilson, founder and CEO of DRW, in Chicago last year, he told us he wanted to build a market for GPUs that would eventually be bigger than oil. A year’s time in the age of AI is an eternity, and so for the first episode of this year’s Chicago live show - recorded at City Winery - Wilson joins us on stage again to talk about what’s changed and what hasn’t in his quest to help build this market. We get his take on the recent tech selloff, including credit concerns around neocl
France’s Bonds Drop as Rioting Heaps Pressure on Government
French government bonds dropped after a weekend of violent unrest, underlining the tension between protesters upset over the cost of living and a government that can’t pay to keep the peace.
Philippines Summons China Envoy Over ‘Use of Force’ Threat
The Philippines said its top diplomat summoned China’s envoy to protest his remarks on use of force amid their maritime dispute in the South China Sea.
Ivanhoe Electric (IE) in Talks to Sell Arizona Copper Amid Data Center Demand
Ivanhoe Electric Inc. is in advanced talks with prospective buyers for copper from its project in Arizona, as the rapid expansion of data centers and power grids stokes demand for the metal.
Saudi Arabia Intercepts Drone Waves, Trump Says Riyadh Welcomes US and Israeli Support
Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)
UK Gilts Face Budget Test as Bond Market Calm Holds
Investors say a budget that avoids surprises could even spark a relief rally
Yoka: Rep. Congo Pursues ‘Real Reforms’ to Boost Economy
Talks between the IMF and Republic of Congo on a new lending program are set to continue in the coming weeks, with both sides aiming to reach a staff-level agreement. The African nation has also pursued a secondary listing for its eurobonds on NASDAQ Dubai, marking the first ever listing in the GCC for an African Sovereign. Republic of Congo's Minister of Finance, Budget and Public Portfolio, Christian Yoka spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa. (Source: Bloomberg)
Dubai Sweetens First IPO Since War With $592 Million Dividend
DIP Holding PLC is trying to rustle up demand for the United Arab Emirates’ first initial public offering since the Iran war began by offering investors dividend payouts worth $592 million over the next three years.
Bitcoin whale moves $34 million in BTC it got in 2013 when coins traded at $131
A bitcoin wallet dormant since 2013 moved 411 BTC, now worth about $34 million. It is one of several long-dormant wallets to wake up recently.
UK Debt Is a Buy for Those Betting on a Play-It-Safe Budget
Some big investors are betting that UK Chancellor John Healey will stick to fiscal discipline in his first budget, setting off a gilts rally.
Lindt CEO Exits as Swiss Chocolate Industry Struggles
Lindt is changing its chief executive officer as it tries to engineer a turnaround and deal with record-high cocoa costs and weak consumer demand that have weighed on the Swiss confectionary industry.
Zcash developers plan a fix to keep ZEC swaps private from future quantum computers
The team behind Zakura wants every swap through NEAR Intents to get its own key, so a refund address left on NEAR’s public chain can’t expose a user’s wider payment history.
XRP Ledger is set to fix its lending code before anyone can use it
Validators have a bug-fix patch on course to go live Friday. The lending system it partly repairs is still 10 votes short of approval.
Rhee: Korea in an Enviable Position
Rhee Chang Yong, PIIE Nonresident Senior Fellow and former Bank of Korea Governor, says Seoul should use the windfall from AI-related exports to create buffers against competition from China. He speaks with Stephen Engle on the sidelines of the Bund Summit in Shanghai. (Source: Bloomberg)