Today: October 15, 2026
Today: October 15, 2026

Economy

Business|Economy|Finance

UBS extends Fed tightening cycle forecast with March rate hike after inflation surprise

UBS Global Wealth Management expects the Federal Reserve to raise interest rates for a third time in March 2027, extending its tightening cycle into next year after stronger-than-

Business|Economy|Finance|Interview|Stock Markets|US|World

WTO chief sees lasting impact on trade from Middle East war and geopolitics

Shifting geopolitics and the wars in Ukraine and the Middle East will have a lasting impact on world trade flows as companies hedge their bets against future shocks, Ngozi

Economy|Europe|Political|World

Germany warns against bringing Russia back into G20 fold

Germany warned on Thursday against efforts to bring Russia back on to the international stage, while Britain called for tighter

Business|Economy|Europe

For Chinese automakers, the road to survival runs through Europe

The record 20 Chinese brands vying for attention at this week's Paris car show reflect a stark reality: as a slowdown at home pushes China's overcrowded auto

Americas|Economy|Europe|MidEast|Political|US

Merz says frozen Russian assets must stay in Europe amid reported US proposal

Billions of euros' worth of Russian assets frozen in Europe after the invasion of Ukraine should stay under the region's control, German Chancellor Friedrich Merz said on

Africa|Economy|Finance|World

Africa's economic resilience masks rising inflation threat and fragile buffers, IMF warns

Sub-Saharan Africa's inflation outlook has worsened since April even as growth held up better than expected, the IMF said, warning that the region's

Economy|Finance|Political|World

Norway wealth fund should invest in top arms makers, commission says in ethics overhaul

Norway should allow its $2.3 trillion wealth fund to invest in major Western defence groups that are currently banned from its portfolio due to their

Arts|Business|Economy|Finance

PepsiCo warns 'energy drink' ban could run its India supplies dry as Red Bull sells on

PepsiCo told an Indian court on Thursday that a continued ban on the "energy drink" label could drive its top-selling products out of stock nationwide

Business|Economy|Technology

TSMC Q3 profit jumps 69% to record, beating expectations

TSMC, the world's largest contract chipmaker, posted a 69% jump in third-quarter net profit on Thursday, beating market forecasts and hitting a record, thanks to soaring

Business|Economy|Technology

Ericsson braces for component cost hit after third-quarter profit beat

Telecom gear maker Ericsson on Thursday reported a smaller-than-expected drop in third-quarter core profit as efficiency measures helped offset higher component costs,

Arts|Economy|Environment|Technology

Governments globally to turn to non-dollar bonds amid AI-driven liquidity crunch, Citi banker says

Governments and state entities

Arts|Business|Economy|Finance|Technology

South Korea's KOSPI closes at 6-month low as chipmakers slump on AI worries

South Korea's benchmark KOSPI stock index closed at a six-month low on Thursday, as a heavy selloff in chipmakers triggered a

Economy|Environment|Science|Technology

Copper squeeze breathes new life into old mines

In 1899, the Mt Lyell mine in Tasmania produced some 9,500 metric tons of copper.

Arts|Business|Economy|Technology|World

Taiwan president calls for Micron, workers to negotiate 'sincerely' ahead of possible strike

Taiwanese President Lai Ching-te called on Thursday for US memory chipmaker Micron Technology and its workers to negotiate "sincerely"

Business|Economy|Finance|Science|Stock Markets|Technology

TSMC 'prudent' going into 2027 after posting sixth straight quarter of record profit

TSMC, the world's largest manufacturer of advanced chips, struck a note of caution for 2027 on Thursday due to macroeconomic uncertainties,

Arts|Business|Economy|Finance|Technology

Is the AI rout making bonds safe again?

A rude awakening over the debt-fuelled AI binge has sent investors rushing out of stocks and into government bonds, which now seem to

Economy

Romania's nominated prime minister secures support ahead of confidence vote

Romania's leftist Social Democrats said they will join the government of Prime Minister-designate Luca Niculescu while other parties pledged their votes, edging the

Economy|Europe|Finance

French inflation rises to 3.4% in September, highest since January 2024

Consumer prices in France rose 3.4% year-on-year in September on an EU-harmonised basis, statistics office INSEE said on Thursday, in line with a preliminary reading from late

Asia|Business|Economy|Environment|Food

This Chinese export boom really has legs – and wings

(This story has been refiled to correct the type of duck subject to European anti-dumping probe in paragraph 6.)

Asia|Economy

New North Korea-China bridge finally opens. But will it help Pyongyang evade sanctions?

New North Korea-China bridge finally opens. But will it help Pyongyang evade sanctions?

Business|Economy|Finance

Prolonged war, renewed disruptions pose biggest risk to Middle East region, IMF says

Prolonged war in the Middle East and further disruptions to energy production, shipping routes or critical infrastructure pose the biggest risk to

Business|Economy|Finance|Stock Markets|Technology|World

Market picks CoreWeave as AI rout deepens

A look at the day ahead in European and global markets from Tom Westbrook The bruising AI selloff extended after the bell, hard into Asia and even lent a bid to beaten-down bond markets.

Business|Economy|Finance|Stock Markets|Technology

Figma CFO says design platform willing to put margins on the line to boost AI demand

Figma's CFO said on Thursday it was uncertain if the design software firm would return to peak gross margin levels as it ramps up

Business|Economy|World

Bessent calls for World Bank reforms, including upstream oil and gas financing

US Treasury Secretary Scott Bessent issued a long list of demands for the World Bank in line with Trump administration interests, including ending the bank's prohibition on

Business|Economy|Finance

BOJ policymaker warns against being overly cautious on rate hikes

The Bank of Japan should not become overly cautious about raising interest rates, given considerable upside risks to inflation, Junko Koeda, a

Asia|Economy|Finance

IMF urges China to deploy bigger fiscal stimulus

China must deliver bigger fiscal stimulus as its economy teeters on deflation, a senior International Monetary Fund official said on Thursday.

Arts|Economy|Entertainment|Finance|Lifestyle|Technology

Japanese insurers are poised to bring money back home - gradually

Some of Japan's largest asset managers are expected to unveil plans to buy more domestic bonds with markets focusing on whether they would step up divestments of overseas

Asia|Business|Economy|Finance|World

IMF warns of slowing Asian growth, spillover from rising yields

The International Monetary Fund on Thursday projected Asia's economic growth would moderate next year and warned of heightening risks from the Iran war-

Economy

Brazil's Senate approves shorter workweek in win for Lula

Brazil's Senate on Wednesday approved a constitutional amendment to reduce the country's workweek from six days to five, providing President Luiz Inacio Lula da Silva a

Africa|Americas|Arts|Asia|Economy|Europe|MidEast

China opens a joint airfield in Laos with construction ongoing and eyes on its military role

China’s newly opened joint military airfield in Laos is Beijing’s first overseas facility focused on air power

Business|Economy

Brazil's Senate approves a shorter workweek in major win for Lula ahead of runoff

Brazil’s Senate has approved a constitutional amendment to reduce the maximum workweek from 44 to 40 hours without cutting salaries

Business|Economy|Finance|Science|Stock Markets|Technology|US

At Anthropic pre-IPO meet: ‘Thinking’ caps, surging revenue, no human extinction

Anthropic told prospective investors on Wednesday that revenue in the third quarter surged 45% from the prior quarter, two

Economy|Science|Technology

UK government to provide £17 million for Chornobyl plant repairs

The British government said on Thursday it will provide £17 million ($22.45 million) in funding for repairs to the Chornobyl nuclear power plant in northern Ukraine damaged by a

Business|Economy|Finance|Interview

Fed's Daly says rate hikes likely needed, but not urgently

The Federal Reserve will probably need to increase short-term interest rates further to rein in too-high inflation, San Francisco Federal Reserve

Business|Economy|Finance|World

Dollar hits 18-month high, then cools as investors await patient Fed

The US dollar hit an 18-month high on Wednesday after stronger-than-expected US inflation data briefly revived expectations for a Federal Reserve interest

Economy|Science|Technology

Trading Day: Tech melt

US stocks fell sharply on Wednesday, with the Nasdaq clocking its biggest fall in three months, on surprisingly strong inflation data and

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Flavio Bolsonaro slightly leads Lula in Brazil runoff, Quaest poll shows

Brazilian Senator Flavio Bolsonaro was seen slightly ahead of President Luiz Inacio Lula da Silva heading into the October 25 presidential runoff, a Quaest poll showed on

Economy|Political|World

IMF calls for US to cut deficits amid bond woes, urges China to shift away from exports

The United States cannot grow its way out of mounting public debt without tax or spending adjustments, while China must pivot from export-

Arts|Business|Economy|Europe|MidEast|World

Colombia opens embassy in Jerusalem, restores free trade deal with Israel

Colombia opened its embassy in Jerusalem on Wednesday, becoming the 10th government to do so, as new President Abelardo De La Espriella reversed his predecessor's break

Arts|Economy|MidEast|Science|Technology

Oil prices gain on attacks in Saudi Arabia, Iran's new tactics to target tankers

Oil prices rose on Wednesday after the Houthis attacked Saudi Aramco's headquarters and Iran said it was deploying new tactics to target ships and keep oil

Business|Economy|Finance|Stock Markets|Technology

Nasdaq ends sharply lower as hot inflation data stirs rate-hike worries

Hotter-than-expected inflation data sent the Nasdaq to a sharply lower close on Wednesday, with worries about more interest rate hikes from the Federal Reserve

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

Judge extends order blocking Trump from banning CNN, MS NOW and Politico reporters from White House

A federal judge has extended an order blocking the Trump administration from banning reporters from CNN, MS NOW, and Politico from the White House

Business|Economy|Finance|World

IMF chief urges US and wealthy nations to rein in debt to ease global economic pressure

The head of the International Monetary Fund says the United States and other wealthy nations must urgently tackle mounting global debt, which is weighing most heavily on low-income countries

Asia|Business|Economy|Finance|Stock Markets|Technology

US stocks drop to their worst day since July as inflation worsens

U.S. stocks dropped to their worst day since July

Business|Economy|Election|Finance|Political

Republicans are playing defense — and it’s costing them

Republicans are playing defense — and it’s costing them

Arts|Economy|Entertainment|Finance|Lifestyle

Appeals court judges question the government about Trump's DC National Guard deployment

Dozens of Washington, D.C., residents have rallied outside a courthouse holding a hearing on President Donald Trump's deployment of the National Guard to oppose the continuing presence of the military in the city

Economy|Europe|Finance

No signs of new EU debt crisis, but prudent fiscal policy is needed - Dombrovskis

There are no signs of a new euro zone sovereign debt crisis, but governments need to be prudent as debt costs rise on higher sovereign and corporate borrowing and inflation

Economy

Ohio's working-class voters rethink support for Trump and the Republican Party

A decade after Republican Donald Trump peeled away working-class and union voters who had long been a cornerstone of Democratic support in Ohio,

Business|Economy|Finance|World

Top economic adviser says Venezuela aims to publish debt sustainability analysis 'very soon'

Venezuela is hoping to publish a debt sustainability analysis "very soon", but the

Business|Economy|Finance|Technology

Inside the booming market for US midterm election bets

Betting on US midterm elections has surged this year on Polymarket and Kalshi, prediction markets that rose to prominence in 2024 when

Business|Economy|Finance

UK stocks close higher as weaker sterling boosts export-heavy sectors

UK stocks ended higher on Wednesday, supported by a rise in healthcare and consumer staples sectors, which gained on a weaker sterling after data showed US inflation came in hotter

Arts|Business|Crime|Economy|Europe|MidEast|Technology

Saudi Aramco headquarters suffered extensive damage in Houthi attack, sources say

Oil giant Saudi Aramco's headquarters in Dhahran suffered extensive damage in an attack on Tuesday, with a fire spreading across several floors, three people with direct knowledge

Arts|Business|Economy|Finance|Technology

BlackRock draws $205 billion in client funds as quarterly profit beats estimates

BlackRock surpassed Wall Street profit expectations and attracted $205 billion in total inflows in the third quarter, sending the world's largest

Business|Economy|Finance

China September new bank loans jump more than expected on stimulus, seasonal boost

New bank lending in China rose more than expected in September, rebounding sharply from a weak August as policymakers stepped up targeted monetary

Arts|Business|Crime|Economy|Entertainment|Finance

BofA misses profit estimates on trading weakness, books $1.2 billion charge

Bank of America missed third-quarter profit estimates on Wednesday due to weakness in its trading business and disclosed a $1.2 billion charge

Business|Economy|Finance

Inflation worsened last month to 3.7% in sign that prices remain elevated as midterm elections near

U.S. inflation accelerated last month as gas, clothes, and air fares got more expensive, evidence that rising prices remain an economic challenge just a few weeks before the midterm elections

Business|Economy|Finance

Bank of America fined $1.2 billion by Treasury Department for violating money laundering and sanctions laws

Bank of America fined $1.2 billion by Treasury Department for violating money laundering and sanctions laws

Business|Economy|Europe|Science|Technology

Europe leads the world on AI rules. So why is it missing from the AI safety debate?

Europe leads the world on AI rules. So why is it missing from the AI safety debate?

Business|Economy|Finance|Science|Stock Markets|Technology|US

Space startups secure record $20.8 billion funding as infrastructure bets surge, report shows

Space startups attracted a record $20.8 billion in funding in the third quarter, as investors poured money into launch providers, manufacturing and other

Asia|Business|Economy|Finance|World

India importers press on with rupee hedges despite RBI's higher-cost deterrent

Indian importers continue to lock in future dollar purchase rates to protect against the rupee weakening, despite the banks charging more per month for such

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

China buys 8-10 US soybean cargoes in first deals since Trump-Xi summit, sources say

Chinese state buyers purchased 8-10 Panamax cargoes of US soybeans this week, the first such deals since the September summit between Presidents Donald

Business|Economy|Political|Science|Technology

ASML CFO says US Match Act limiting DUV sales to China would be counterproductive

The chief financial officer of top computer chip equipment manufacturer ASML said on Wednesday the company opposes a proposal by US Congress to limit the

Business|Economy

German economy likely slowed in third quarter, ministry says

Germany's economy ministry said on Wednesday that growth momentum likely slowed temporarily in the third quarter.

Business|Economy|Finance|Interview|Stock Markets|Technology

New ASX boss wants to accelerate move to one-day settlement in Australia

New ASX CEO Anthony Attia said he wants to expedite the transition to one-day cash equity trading settlement, bringing Australia in line

Africa|Americas|Arts|Asia|Economy|Education|Entertainment|Europe|MidEast

Taiwan cites progress on Alaska LNG after Trump says it will buy 30% of output

Taiwan said on Wednesday it was making progress in talks to buy liquefied natural gas from Alaska LNG and

Arts|Economy|Environment|Europe|Science|Technology|World

Barbados joins push for global panel to tackle inequality

Barbados is joining a group of countries calling for the establishment of an international panel to address inequality, at a time when heightened geopolitical

Economy|Europe|Finance

Spain's inflation rises at fastest pace in more than three years

Spain's inflation rose in September at its fastest pace since February 2023, mostly due to an increase in the price of fuel and air travel, the National Statistics Institute (INE)

Crime|Economy|Technology

IMF, World Bank launch 'Bangkok Blueprint' to fight cyber fraud

The International Monetary Fund and World Bank on Wednesday released a framework for tackling cyber-enabled fraud, as the Thai government underlined the mounting cost of

Business|Economy|Europe|Finance

Italian growth outlook brightens but slowdown ahead, business lobby says

Italy's economy will grow by 1% this year, the country's main business lobby Confindustria forecast on Wednesday, hiking a previous 0.5% estimate made in March but warning

Economy|Finance|Sports|World

FIFA will propose $6.3 billion funding for soccer development, AP sources say

FIFA will propose to its members a $6.35 billion fund for soccer development between 2027 and 2030, including a boosted amount of $25 million for each national association, two people with knowledge of the plan and a letter reviewed by The Associated Press confirmed on Tuesday

Economy|Environment|Food|MidEast

Gazans harvest dregs of olive groves bulldozed and cut off by Israel

Haidar Abu Middain, 60, lifts a desiccated bough of a fallen olive tree and tosses it aside in the barren dirt of what was once one

Arts|Asia|Business|Economy|Environment|Technology

Taiwan plans to buy liquefied natural gas from Alaska pipeline project

Taiwan is planning to buy liquefied natural gas from a U.S. project once extraction starts and could invest up to $4.4 billion in it

Economy|Finance|Political

UK finance minister Healey set to pay for budget measures without more borrowing, FT reports

UK finance minister John Healey is expected to pay for new initiatives in this month’s budget, including a cost-of-living package, with

Arts|Asia|Economy|Europe|Finance|MidEast|Stock Markets|US

Pressured at home, EU leaders weigh China trade steps

European leaders gather in Brussels on Thursday to weigh up the future of trading ties with China, whose surging exports of cars and other

Economy

IMF urges members to stock up funds for low-income, vulnerable states

IMF chief Kristalina Georgieva on Wednesday warned that current economic developments and the rapid advance of AI threaten to deepen the

Business|Economy|Health|Technology

Galderma to buy US firm ZO Skin Health for $1.5 billion

Swiss skincare firm Galderma has agreed to acquire US company ZO Skin Health for an enterprise value of $1.5 billion, it said on Wednesday, confirming a report published by

Asia|Economy

A new bridge linking China and North Korea will open more than a decade late

A new bridge linking China and North Korea is set to open Thursday after more than a decade of delay

Business|Economy|Finance|Stock Markets|US

Let the doves sing

A look at the day ahead in European and global markets from Rocky Swift With US Federal Reserve officials singing a less hawkish tune overnight, Singapore kept the dovish trend rolling with a surprise

Business|Economy

High gasoline prices expected to boost US consumer inflation in September

US consumer prices likely surged in September, driven by rising gasoline and food costs, and adding to a string of unfavorable developments for President Donald Trump

Arts|Asia|Business|Economy|Europe|Finance|Stock Markets|US

Vietnam says trade talks with US nearly completed; US officials more cautious

Vietnam and the US have nearly completed negotiations covering a trade deal, Vietnamese Deputy Prime Minister Pham Gia Tuc said on

Economy|Science|Technology

Kamala Harris warns window closing for AI safeguards, urges US-China cooperation

Former US Vice President Kamala Harris urged governments and technology companies on Wednesday to urgently put safeguards in place for artificial

Arts|Economy|Europe|Finance

ECB President Christine Lagarde signals no intervention in France’s fiscal crisis

ECB President Christine Lagarde signals no intervention in France’s fiscal crisis

Asia|Business|Economy|Finance|World

China’s trade surplus nears record as pressure mounts from trading partners

China’s trade surplus reached $938 billion for the first nine months, with expectations growing that it could surpass last year’s full-year $1.2 trillion record

Business|Economy|Environment|Science|Technology

China September rare earth exports rise 6.7% from a year earlier

China's exports of rare earths in September rose 6.7% from the prior year, customs data showed on Wednesday, as overseas buying improved after a summer lull.

Economy

House Democrats plan a first 100-days agenda if they sweep to power in midterm elections

Democrats are preparing an ambitious 100-days agenda if they win the House majority in the midterm elections

Arts|Economy|Environment|Health|Political|Science

Iowa faces a reckoning over water quality and cancer rates in midterm campaigns

Iowa is grappling with water quality and cancer rates, bringing these issues to the forefront of state politics

Asia|Business|Economy|Finance|World

Asia must guard against another financial crisis, Philippines central bank chief says

Asian countries must remind themselves about what happened during the region's financial crisis in the late 1990s and guard against a recurrence of such

Economy|Finance

IMF dials up calls for urgent fiscal consolidation

The International Monetary Fund on Wednesday issued an urgent call for advanced economies and others to reduce government spending, cut deficits and lower

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

Iran shifting tactics to step up attacks on shipping before US vote, officials say

Iran is deploying new tactics to target ships sailing through the Strait of Hormuz as it seeks to keep oil

Business|Economy

How Singapore's unique monetary policy works

Singapore's central bank kept its monetary settings unchanged on Wednesday, surprising analysts who expected a tightening, with the economy projected to

Economy|Election|Political

Sen. Collins says Trump 'did not have a good plan' on Iran war

Tonight’s Maine Senate debate turned immediately to the Iran war when GOP Sen. Susan Collins and Democrat Troy Jackson were asked how to help lower heating costs in Maine.

Arts|Business|Economy|Election|Finance|Science|Technology

Rep. Collins and Sen. Ossoff clash over Epstein files in Georgia debate

Republican Rep. Mike Collins attacked Democratic Sen. Jon Ossoff over campaign donations from LinkedIn co-founder Reid Hoffman, who has acknowledged meeting Jeffrey Epstein, while Ossoff countered accusing Collins of voting against releasing Epstein-related records, and helping to "cover up" evidence.

Crime|Economy|Political|World

After surging troops to the border, US military showcases a quieter Rio Grande

The U.S. Army is deploying hundreds of soldiers to Texas' Rio Grande Valley in response to what it says are signs of elevated activity from Mexican drug cartels

Economy

Trump administration to expand a Delek Texas refinery using Defense ​Production ⁠Act

The Trump administration will use the ​Cold War-era Defense ​Production ⁠Act to expand the processing capacity of a refinery in Texas owned by Delek US Holdings, Vice

Business|Economy|Europe|Science|Technology|US

Trump says US still sharing intel, even as Ukraine reports attacks with no warnings

US President Donald Trump said on Tuesday that Washington was still sharing intelligence with Ukraine, even as Kyiv reported new Russian

Business|Economy|Finance|Technology

Televisa, Fintech to take on America Movil with $2 billion purchase of AT&T's Mexican unit

Grupo Televisa and Fintech Holdings have agreed to buy AT&T's Mexican unit for $2 billion in cash, setting up a showdown with telecoms giant America

Business|Crime|Economy|Finance|Political

BofA fined $1.2 billion by US government for failing to police suspicious activity

Bank of America has been fined $1.21 billion by US regulators for widespread failures to detect potential money laundering and other

Arts|Business|Economy

US hits Bank of America with $1.2 billion fine, saying it violated money laundering, sanctions laws

The U.S. Treasury Department says it’s imposing $1.2 billion in fines on Bank of America for allegedly violating anti-money laundering and sanctions laws

Economy|Interview

Fed's Williams sees no need for rate hike in 2027, Bloomberg News reports

By Michael S.