PM warned Rosebank oil field could breach West Bank sanctions
The prime minister has been warned that approving a controversial oil field risks contravening his own sanctions on illegal Israeli settlements in the West Bank.
Economy
Fed’s Jefferson says US economy is near maximum employment
Federal Reserve (Fed) Vice Chairman Philip Jefferson said Thursday that “inflation has resulted from a cascade of shocks” at the Darden School of Business at the University of Virginia in Charlottesville, Virginia.
SEC Proposal Would Address How Investment Advisers and Funds Can Custody Crypto Assets Under the Federal Securities Laws
The Securities and Exchange Commission today proposed new rules and amendments to provide a tailored framework for the custody of crypto assets for registered investment advisers and regulated funds, i.e. registered inv…
Terrible idea or major coup? Galliano’s Zara collection launches after Met controversy
Collaboration regarded as ‘really big thing’ for retailer in some quarters despite backlash around designer’s antisemitic remarks in 2011
Labour figures uneasy about Healey’s ‘underpowered’ approach to budget
Chancellor faces global volatility and soaring energy costs as some insiders worry lack of clarity could trigger fresh market shock
Global bond sell-off intensifies, as UK long-term borrowing costs pass 6%
Fears that US deficit is unsustainable drive yields on Treasury bills and UK gilts to multi-decade highs
Crude Oil turns a loss into a rally as Chinese refiners stop exporting fuel
The shortage pushing Crude Oil higher on Thursday is in diesel, gasoline and jet fuel, not in the barrels refiners buy to make them. Crude Oil has turned an early loss into a rally to near $91.50 since reports that Chin…
Fed’s Kashkari keeps October meeting open, still sees more hikes ahead
Minneapolis Federal Reserve (Fed) President Neel Kashkari said on Thursday he is unsure about an October rate hike but added that he is “open-minded about how fast the Fed should raise interest rates.”
Isabel Schnabel: Central banks on-chain
Central banks should stop watching tokenized finance from the sidelines and move onto the blockchain themselves, European Central Bank Executive Board member Isabel Schnabel said at the Jackson Hole symposium on Friday.
SEC’s Division of Examinations Announces New Exam Handbook
The Securities and Exchange Commission’s Division of Examinations today published its new handbook, “The SEC Exam Handbook: A Practical Guide on Process and Engagement,” which replaces and expands upon the previous exam…
US ISM Manufacturing PMI fell to 54.5 in September
In September, the US manufacturing sector lost some momentum. Indeed, the ISM Manufacturing PMI weakened to 54.5 in September from 54.6, below analysts' prediction of 55.
Australian Dollar weakens as robust US data, rising US yields overshadow RBA rate hike
AUD/USD falls to around 0.6910 on Thursday at the time of writing, down 0.48% on the day. The Australian Dollar (AUD) loses ground against the US Dollar (USD) despite the Reserve Bank of Australia’s (RBA) decision to ra…
Japanese Yen recovers as intervention risk offsets US Dollar strength
USD/JPY reverses its earlier gains on Thursday as traders hesitate to push the pair higher amid the risk of intervention by Japanese authorities. This allows the Japanese Yen (JPY) to regain some ground even as the US D…
Bedford rail crash: train sped up after red light warning, say investigators
Driver of East Midlands train, who died in June crash, received automatic warning after passing red light but train continued to accelerate
British Pound buckles as DXY nears 102 on US jobs, factory strength
The Pound Sterling (GBP) dives by over 0.44% on Thursday, as business activity in the manufacturing sector remains solid in the US, while US jobs data confirmed the strength of the labor market. Consequently, this pushe…
UK bookmakers that warned of rogue casinos profited from offshore gambling
Content provider part-owned by Ladbrokes, William Hill and Betfred owner signed deal with Santeda network, Casino Secrets leak reveals
Euro hits fresh yearly low as strong US data keeps Fed tightening in play
EUR/USD extends its decline on Thursday, falling to its lowest level since May 2025 and setting a fresh year-to-date low as the US Dollar (USD) remains firmly supported by elevated US Treasury yields and resilient US ec…
US Dollar: Resilient growth supports upside risks – BBH
Brown Brothers Harriman’s Elias Haddad highlights a resilient US economy underpinning Dollar strength, with the DXY at new cyclical highs. Upward revisions to US Q2 GDP and strong Q3 estimates from the Atlanta Fed GDPNo…
Canadian Dollar steadies as Fed pause bets clash with resilient US economy
USD/CAD trades around 1.4240 at the time of writing on Thursday, little changed on the day with a modest 0.07% gain. The pair remains supported by the strength of the US Dollar (USD), as United States (US) Treasury yiel…
Fed's Kashkari: Will put pressure on different parts of economy if we keep raising rates
Minneapolis Federal Reserve (Fed) President Neel Kashkari told Bloomberg on Thursday that if they keep raising rates, they will put different pressure on different parts of the economy, per Reuters.
Travelodge guests are still at risk, finds review launched after sexual assault
Report finds complaints of room intrusions at nearly one in 10 hotels, after woman attacked by man given a copy of her key
To What Extent Is the Rise in Long-Dated Rates Attributable to AI?
It appears that investors are concerned that the economy could be overheating, potentially leading to a faster tightening of monetary policy by the Federal Reserve. Last week, S&P Global released its latest flash purcha…
Trump's AI rebrand causes 'unprecedented' demand for Slovenian website names
President Donald Trump's push to rename AI may be behind an "unprecedented" rise in registrations for domain names in Slovenia, according to its official national registry.