Firms in Japan seek new hedges, bracing for long era of yen weakness
Taku Ueno buys beef from America, olive oil from Spain and tomatoes from Italy to stock his supermarkets…
Chinese property king Hui Ka Yan sentenced to life in prison
A billionaire developer at the centre of China’s property crash has been jailed for life and has had…
Bad Loans Surge at Rosneft-Linked Moscow Credit Bank
Moscow Credit Bank, one of Russia’s largest lenders, has seen a sharp rise in overdue loans, with borrowers…
Nvidia, Wall Street asset managers partner on $500B AI push
Nvidia is attempting to turn its artificial intelligence chips into Wall Street’s newest asset class, partnering with six…
The housing market boom that’s not helping anyone
The Albanese government’s property tax changes are creating a boom at one end of the housing market –…
Leopold Aschenbrenner Situational Awareness fund: $45B to fire sale
Leopold Aschenbrenner Photo: Josh Edelson Two years ago, Leopold Aschenbrenner argued he was one of few people in…
US Fed holds interest rates steady, citing ‘elevated’ inflation | Inflation News
The United States Federal Reserve is set to hold interest rates steady as inflationary pressures mount, driven by…
UBS CEO says the AI pullback is healthy — but there’s a bigger risk investors should watch
UBS reported a profit rise in its second-quarter earnings Wednesday, as CEO Sergio Ermotti warned that geopolitical volatility…
How to check that your mortgage offset account is working
Many Australians may have been unknowingly paying more interest on their home loans than necessary. That’s because banks…
‘Hidden’ harm as ASIC finds mortgage borrowers miss out on millions in offset savings
Millions of Australians use mortgage offset accounts to reduce interest costs on their home loans, but the corporate…
Cash at Chinese banks swells to record high as borrowing slows
China debt crunch Lenders are carrying $9.4tn more in deposits than they have out in loans A shopping…
Somalia to expand instant payment system linking banks and mobile money platform
Monday July 27, 2026 Mogadishu (HOL) — The Central Bank of Somalia has announced plans to expand the…