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Wednesday, 21 October 2026

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What's On

US Unemployment Came in at 4.1%

U.S. nonfarm payrolls increased by 162,000 in August, sharply beating expectations for a 55,000-56,000 gain. The unemployment rate held at 4.1%, matching forecasts. Average hourly earnings rose 3.1% year over year, abov…

European stocks: What if the Fed hikes in September?

Markets are pricing several rate hikes from the major central banks despite scant evidence that the energy crisis is seeping into broader inflation. Yet James Smith argues investors are right to worry about higher oil a…

Zcash Price Jumps 20% to $1,023, Enters Crypto Top 10

Zcash (ZEC) surged about 20% in 24 hours, briefly reaching $1,023 and lifting its market capitalization to roughly $16.96 billion. ZEC is now the 10th-largest cryptocurrency by market cap. The token has gained about 94%…

CEO Adam Aron Demands Robinhood Halt AMC Stock Tokens

AMC Entertainment CEO Adam Aron has urged Robinhood to halt trading of tokenized AMC shares, saying AMC has no connection to, authorization of or endorsement of the product. Aron questioned the tokens’ legality and sa…

Apple Stock: Citi Says iPhone 18 Ultra Could Top $2,000

Citi expects Apple’s iPhone 18 lineup to launch September 9, led by its first foldable model, the iPhone Ultra, with a price above $2,000. Pro models could cost about $200 more than predecessors. Expected upgrades inc…

Volkswagen board approves plan to cut another 50,000 jobs

The board of German car giant Volkswagen has approved a plan to cut another 50,000 jobs as part of a sweeping turnaround programme. It brings the total number of roles the company plans to shed by 2030 to 100,000.

KOSPI Index Jumps After Wild Circuit Breaker Session

Asian markets are rebounding broadly as fears of a US rate hike ease and Wall Street’s rally lifts sentiment. South Korea’s KOSPI gained 1.09%, Japan’s Nikkei rose 0.67%, Hong Kong’s Hang Seng jumped 2.22%, and Shanghai…