Bank of Japan Raises Rates to 31-Year High Amid Persistent Inflation
Japan's central bank raised its policy interest rate to a 31-year high, marking the fastest pace of tightening since 1990 as it addresses persistent inflation concerns.
Markets await clarity on Fed policy as Kevin Warsh heads to Jackson Hole amid pressure from Treasury Secretary Bessent's market interventions and uncertainty over inflation stance.
Japan's central bank raised its policy interest rate to a 31-year high, marking the fastest pace of tightening since 1990 as it addresses persistent inflation concerns.
Japan's central bank raised its main interest rate to 1.25%, the highest in 31 years, as it continues normalizing monetary policy amid global inflation pressures and a weakening yen.
Japan's central bank raised its main interest rate to 1.25%, a 31-year high, as it continues normalizing monetary policy amid global inflation pressures from energy costs.
Brussels announced China-EU trade talks scheduled for October 8-9 in Beijing, following discussions between European Trade Commissioner Sefcovic and Chinese Commerce Minister Wang on market access and export controls.
Swedish researchers are exploring green biorefineries that process grass and clover into protein feed, biogas, and other bio-based products, potentially reducing soy imports and improving soil health in cereal-dominated regions.
Waymo plans to launch a fully autonomous electric ride-hailing service in Singapore by 2028, partnering with local authorities to adapt its technology to local conditions.
Singapore's financial regulator calls for standardized metrics to measure climate adaptation investments, as Asia faces a $422 billion funding gap by 2030 despite only 17% of global climate finance targeting resilience.
Amer Sports, a premium athletic gear company, shows strong operational momentum with 27% revenue growth and 43% DTC surge in 2025, though tariff exposure and concentrated ownership limit its top-tier investment rating.
Deputado estadual André do Prado, candidato ao Senado pelo PL, publicou elogios a Milton Leite, presidente do União Brasil em SP, que é alvo de mandado de prisão emitido pela Polícia Civil.
Singapore's anti-corruption agency questioned Multi-Chem's CEO and COO, seizing documents and requiring bail and passport surrender. The stock plunged 40% triggering exchange circuit breakers.
Sydney Swans claim largest AFL supporter base with 1.131 million fans, maintaining 21-year streak atop rankings despite recent controversies and a 12.8% year-on-year decline.
Stock markets rose following the Bank of Japan's expected interest rate increase, while oil prices declined and the yen weakened against other currencies.
The Bank of Japan raised interest rates as anticipated, but the yen weakened following the announcement, defying typical currency market expectations.
Análisis de Crestmont Research demuestra que todos los períodos de 20 años del S&P 500 desde 1919 cerraron con retornos positivos. Invertir a largo plazo y mantener posiciones diversificadas en empresas sólidas ha sido la clave para superar incluso las peores crisis financieras.
Netmarble showcased mobile games at Tokyo Game Show 2026 with costumed staff and life-sized statues, shifting from last year's console focus to target Japan's anime and manga fanbase.
Scientists discovered that two parallel chains of underwater volcanoes near Australia are fed by a single mantle plume that splits around a subducted oceanic slab, revealing dynamic behavior in Earth's deep interior.
Scalpers and scammers are exploiting the waitlist for Valve's Steam Frame VR headset, reselling units for up to $2,000 while the community fights back against the practice.
Nigeria's largest IPO saw massive retail investor participation as citizens rushed to buy shares in Dangote's refinery, overwhelming fintech platforms and demonstrating strong domestic appetite for equity ownership.
Treasury Secretary Bessent leverages US bond market influence to push Japan toward increased government spending, using America's financial position as diplomatic leverage.
UK lenders are increasingly offering 95-100% mortgages to first-time buyers unable to save deposits, with low-deposit lending at its highest since 2008. While affordability checks are stricter than pre-crisis, experts warn borrowers face risks including negative equity.
The FCC has approved up to 49.5% foreign ownership in a proposed merger between Paramount and Warner Bros. Discovery, clearing a major regulatory hurdle for the media industry consolidation.
The US FCC has approved foreign investment participation in the Paramount-Warner merger, clearing a regulatory hurdle for the major media consolidation deal.
The 10-year Treasury is experiencing its worst performance in over a century, yet investors continue purchasing bonds as yields reach historically high levels, signaling a potential market turning point.
US stocks posted their best day in six weeks as oil prices and bond yields declined, easing inflation concerns and boosting market sentiment.