Business

Takaichi’s fiscal push could lift growth — and Japan’s already-rising interest bill

Japan is giving up revenue now in the hope that stronger consumption and a 370 trillion yen public-private investment will deliver faster growth later.

Nigeria’s NNPC Takes $4.5 Billion Loan for Nation’s Priorities

Nigeria said it approved a $4.5 billion arrangement with the state-owned energy firm that will liberate funds to bolster foreign-exchange reserves and spending on the government’s ongoing infrastructure priorities.

Stocks rise despite Iran tensions, oil up, yen eases

SpaceX’s First Earnings Offer a Chance to Reverse Stock’s Plunge

SpaceX’s first earnings report following its blockbuster initial public offering is one of the most anticipated events of the summer on Wall Street. Whether it’ll give investors a reason to buy the sinking stock is another matter.

Bank of Korea Minutes Back More Hikes on Inflation, Growth

The Bank of Korea saw a need for further interest-rate hikes after last month’s increase, as stronger growth threatened to keep inflation elevated and financial stability risks continued to build, minutes from July’s meeting showed.

HSBC restarts buybacks after rates and wealth boost H1 profit

Treasury yields are broadly flat as investors mull uncertainty around peace talks

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was flat at 4.686%.

Europe’s wildfire season exposes climate insurance gap

Who will pay as climate-driven disasters become more frequent and destructive?

Bank of Korea board members consider more rate hikes, minutes show

Risk Demand Grows for Europe as AI Woes Hit US, Citi’s Chew Says

Europe’s stock market is the only major region to have experienced a meaningful improvement in risk appetite in recent weeks, supported by fresh capital inflows and better-than-expected earnings, according to strategists at Citigroup Inc.

Russian stock indices decline as trading on Moscow Exchange opens

By 10:15 a.m. Moscow time, the MOEX Index decreased by 0.54%, while the RTS Index fell by 0.53%

HSBC resumes buyback after big profit jump in first half