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The new credit debacle gripping Wall Street

Glencore has become central to the controversy involving embattled iron ore trader Radiant World.

MarketsWall StreetcreditGlencoreRadiant World

FFinancial TimesOriginal★★☆☆☆2026-09-18 04:00

The new credit debacle gripping Wall Street

Standard Chartered sharpens yuan advisory edge as currency’s global role grows

As geopolitical tensions and market uncertainty persist, executives are increasingly considering the yuan for international trade settlements, fundraising, liquidity management and investment allocation. By the end of 2025, the People’s Bank of China had bilateral currency-swap agreements with more than 30 countries and regions, worth over 4.3 trillion yuan (US$641 billion).

MarketsTrade & sanctionsStandard Charteredyuaninternational tradecurrency swaps

SSouth China Morning PostOriginal★★☆☆☆2026-09-18 04:00

Standard Chartered sharpens yuan advisory edge as currency’s global role grows
Standard Chartered sharpens yuan advisory edge as currency’s global role grows

Japan’s central bank raises benchmark interest rate to 1.25%

Japan’s central bank lifted its benchmark interest rate from 1.0% to 1.25%, the highest level in 31 years. The increase, announced Friday after a two-day monetary policy board meeting, had been widely expected and was already reflected in recent global markets.

Macro & central banksBank of Japaninterest ratesmonetary policy

TThe Associated PressOriginal★★★☆☆2026-09-18 03:52

Japan’s central bank raises benchmark interest rate to 1.25%
Japan’s central bank raises benchmark interest rate to 1.25%
  • Japan raises interest rate to 31-year high of 1.25% as inflation rises
    Japan raises interest rate to 31-year high of 1.25% as inflation rises

    The Bank of Japan lifted its benchmark rate by 0.25 percentage points to 1.25%, taking borrowing costs to their highest level in 31 years. The move comes amid rising inflation and wages, with pressure from Washington also weighing on policymakers.

    Bank of Japaninterest ratesinflation

    AAl Jazeera★★★☆☆2026-09-18 03:20Original
  • Bank of Japan raises rates to 31-year high, flags inflation concerns
    Bank of Japan raises rates to 31-year high, flags inflation concerns

    The Bank of Japan raised interest rates to their highest level in 31 years and signaled concern about inflation. The decision passed 7-2, with board members Toichiro Asada and Ayano Sato dissenting from the increase.

    Bank of Japaninterest ratesinflation

    CCNBC★★★☆☆2026-09-18 03:16Original
  • Bank of Japan raises rates by 25 basis points as Bitcoin rises against yen
    Bank of Japan raises rates by 25 basis points as Bitcoin rises against yen

    The Bank of Japan raised interest rates by 25 basis points to their highest level in 31 years. The yen declined, while Bitcoin rose against it.

    Bank of Japaninterest ratesyenBitcoin

    CCoinDesk★★★☆☆2026-09-18 03:03Original
  • Bank of Japan raises rates to 1.25%

    The Bank of Japan raised interest rates by 0.25 percentage points to 1.25%, the highest level since 1995.

    Bank of Japaninterest ratesJapan

    FFinancial Times★★★☆☆2026-09-18 02:59Original
  • Bank of Japan Set for Pivotal Rate Hike After Bessent Pressure
    Bank of Japan Set for Pivotal Rate Hike After Bessent Pressure

    The Bank of Japan is poised for a pivotal rate hike following pressure from Bessent.

    Bank of Japanrate hikemonetary policy

    BBloomberg News★★★☆☆2026-09-18 02:45Original
  • Stocks rise as oil dips, yen wobbles ahead of BOJ
    Stocks rise as oil dips, yen wobbles ahead of BOJ

    Asian stocks climbed on Friday while the dollar held steady. Falling oil prices lifted sentiment as investors weighed stronger global efforts to curb inflation ahead of an expected Bank of Japan rate increase.

    Asian stocksoil pricesyenBank of Japan

    RReuters★★☆☆☆2026-09-18 01:40Original
  • How will a rate increase in Japan affect capital flows in global financial markets?
    How will a rate increase in Japan affect capital flows in global financial markets?

    A potential Japanese rate increase is adding uncertainty to global markets, with concerns that it could trigger renewed bond-market turmoil and reduce demand for risk assets. Tokyo’s push for higher defence spending is raising questions about fiscal discipline. Japan’s 10-year bond yield reached 3.03 per cent this week, its highest level in three decades, while the 30-year yield approached a 30-year high at 4.1 per cent.

    Japan rate hikeglobal marketsbond yieldscapital flows

    SSouth China Morning Post★★★★☆2026-09-18 01:00Original
  • Bank of Japan set to raise interest rates to 31-year high
    Bank of Japan set to raise interest rates to 31-year high

    The Bank of Japan is expected to lift interest rates to their highest level in 31 years on Friday and promise further action to address inflation risks. Those risks could intensify if the start of a U.S. rate-hike cycle weakens the yen against the dollar.

    Bank of Japaninterest ratesinflation

    RReuters★★★★☆2026-09-18 00:50Original

Asia drives global coffee consumption growth as China market expands

Experts at a coffee industry conference in Kunming said Asia is becoming a major engine of global coffee consumption, with China among the fastest-growing markets. China’s coffee market exceeds 200 billion yuan annually and grows about 20% a year, while Yunnan’s planting area and exports have also surged. The province established a coffee standards committee and released new varieties and technologies.

Macro & central bankscoffee marketChina economyYunnanAsian consumption

CChina News ServiceOriginal★★☆☆☆2026-09-18 03:37

Asia drives global coffee consumption growth as China market expands

C-Suite Roundtable explores healthcare capital lifecycle from seed to post-listing

More than 30 business leaders and investors from mainland China and Hong Kong gathered in Shanghai for a South China Morning Post C-Suite roundtable held alongside BioShanghai Week 2026. The discussion examined the healthcare sector’s capital lifecycle from seed funding through post-listing, with support from IHH Healthcare North Asia and appearances by Nisa Leung and Dr Kenneth Tsang.

Marketshealthcarecapital marketsShanghaiBioShanghai Week

SSouth China Morning PostOriginal★★☆☆☆2026-09-18 03:33

C-Suite Roundtable explores healthcare capital lifecycle from seed to post-listing
C-Suite Roundtable explores healthcare capital lifecycle from seed to post-listing

OpenAI listing delay raises stakes for SoftBank’s $50bn data-centre IPO

SB Energy’s planned initial public offering will test investor appetite for Masayoshi Son’s bet on artificial intelligence, with OpenAI’s delayed listing raising the stakes for SoftBank’s $50bn data-centre IPO.

MarketsEnergy & commoditiesTech & AISoftBankSB EnergyIPOartificial intelligence

FFinancial TimesOriginal★★☆☆☆2026-09-18 03:04

OpenAI listing delay raises stakes for SoftBank’s $50bn data-centre IPO

Six Green Projects Worth Over $400 Million Signed in Tianjin

Six key green industry projects worth more than 2.9 billion yuan, or about $400 million, were signed in Tianjin under the China-SCO Green Industry Development Cooperation Zone. The event also produced a coordination framework, released nine reports and launched an information network for green industry cooperation.

Companies & industryTianjingreen industryShanghai Cooperation Organization

CChina News ServiceOriginal★★☆☆☆2026-09-18 02:54

Six Green Projects Worth Over $400 Million Signed in Tianjin

US Said to Delay Excess-Capacity Tariffs Until After Xi-Trump Summit

The US is expected to wait until at least after next week’s planned summit between Xi Jinping and Donald Trump before announcing new tariffs tied to allegations that trading partners have excess manufacturing capacity, people familiar with the matter said.

Trade & sanctionsUnited StatesChinatariffssummit

BBloomberg NewsOriginal★★★★☆2026-09-18 01:50

US Said to Delay Excess-Capacity Tariffs Until After Xi-Trump Summit
US Said to Delay Excess-Capacity Tariffs Until After Xi-Trump Summit
  • US will not impose tariffs on China before Trump-Xi meeting, Bloomberg reports

    Washington will not impose new tariffs on China before or during Xi Jinping’s expected visit to the United States next week, Bloomberg reports, citing sources. Publication of a trade investigation recommending an additional 7.5% duty on Chinese goods has been delayed for an unknown reason, while the final tariff level remains unclear. Donald Trump expects Xi to arrive in Washington on September 24.

    United StatesChinatariffsTrump-Xi meeting

    TTASS★★★★☆2026-09-17 20:43Original

From Kaiko to OpenZeppelin, S&P Global quietly prepares for markets that never close

S&P Global has agreed to acquire smart-contract security firm OpenZeppelin, extending its digital-asset business into the security infrastructure behind stablecoins, tokenized funds and decentralized finance. OpenZeppelin will remain a separate unit under its own name, with CEO Demian Brener staying on. Financial terms were not disclosed, and closing conditions remain.

MarketsCryptoCompanies & industryS&P GlobalOpenZeppelindigital assetssmart contracts

CCryptoSlateOriginal★★☆☆☆2026-09-18 01:30

From Kaiko to OpenZeppelin, S&P Global quietly prepares for markets that never close
From Kaiko to OpenZeppelin, S&P Global quietly prepares for markets that never close

Glencore Suspends Iron Ore Head Amid Radiant World Review

A senior Glencore executive who oversaw the company’s relationship with embattled iron ore trader Radiant World has been suspended while Glencore reviews its dealings with the firm, according to a person familiar with the matter.

Macro & central banksEnergy & commoditiesCompanies & industryGlencoreRadiant Worldiron oreexecutive suspension

BBloomberg NewsOriginal★★☆☆☆2026-09-18 01:00

Glencore Suspends Iron Ore Head Amid Radiant World Review
Glencore Suspends Iron Ore Head Amid Radiant World Review

JPMorgan says oil market outlook unclear as Iran conflict drags on

JPMorgan said Thursday that, for the first time since the U.S.-Israeli war on Iran began, it has no clear baseline view for the oil market.

Energy & commoditiesBanking & financeIran conflictoil marketJPMorgan

RReutersOriginal★★★★☆2026-09-17 23:45

JPMorgan says oil market outlook unclear as Iran conflict drags on
JPMorgan says oil market outlook unclear as Iran conflict drags on

Turkey Acts to Stem Fund Turmoil With Liquidations and Bans

Turkish officials are using liquidations and bans in an effort to keep turmoil at some of the country’s most prominent asset managers from spreading through the broader financial industry.

MarketsTurkeyfinancial marketsasset management

BBloomberg NewsOriginal★★★☆☆2026-09-17 23:30

Turkey Acts to Stem Fund Turmoil With Liquidations and Bans
Turkey Acts to Stem Fund Turmoil With Liquidations and Bans

‘This is our company’: Nigerians celebrate share-buying frenzy

Many Nigerians bought shares for the first time in Aliko Dangote’s oil refinery after more than four billion shares went on sale. The IPO sparked intense enthusiasm, crashed investment apps and inspired the “Yangote” slogan, though analysts warned that refinery and market risks could cause investors to lose some or all of their money.

MarketsEnergy & commoditiesCompanies & industryNigeriaDangote refineryIPOstock investment

BBBC NewsOriginal★★★☆☆2026-09-17 23:24

‘This is our company’: Nigerians celebrate share-buying frenzy
‘This is our company’: Nigerians celebrate share-buying frenzy

US approves $414m uranium investment in Niger two years after troop withdrawal

The US Development Finance Corp has approved up to $414m in financing for Canadian miner Global Atomic’s Dasa uranium project in Niger. The deal could improve US access to a strategic energy resource and offer a rare boost to strained US-Canada ties, but the project faces serious security and political risks.

MarketsUnited StatesNigeruraniumUS-Canada relations

AAl JazeeraOriginal★★★★☆2026-09-17 23:16

US approves $414m uranium investment in Niger two years after troop withdrawal
US approves $414m uranium investment in Niger two years after troop withdrawal

Insight: How Bessent, America’s ‘bond salesman,’ pressured Japan on spending

When Japanese Finance Minister Satsuki Katayama called U.S. Treasury Secretary Scott Bessent in June for help supporting the plunging yen, he delivered a familiar message: Tokyo would need to put its fiscal house in order if it wanted assistance.

Macro & central banksMarketsU.S. fiscal policyJapanyenbond markets

RReutersOriginal★★★☆☆2026-09-17 23:15

Insight: How Bessent, America’s ‘bond salesman,’ pressured Japan on spending
Insight: How Bessent, America’s ‘bond salesman,’ pressured Japan on spending

Aave V4’s Arc Market Holds $76 Million in USDC With Almost No Borrowing

Aave V4’s Arc Layer-1 market attracted about $76 million in supplied USDC by Sept. 17, while less than $100,000 had been borrowed, leaving utilization near 0.1%. LlamaRisk proposed raising the Main Spoke’s supply-side add cap from 56 million to 150 million USDC, but sustained borrowing demand will determine whether the market becomes an active credit venue.

MarketsCryptoAaveArc NetworkUSDCDeFi

CCryptoSlateOriginal★★☆☆☆2026-09-17 23:10

Aave V4’s Arc Market Holds $76 Million in USDC With Almost No Borrowing
Aave V4’s Arc Market Holds $76 Million in USDC With Almost No Borrowing

Hong Kong malls bet on Asian Games to boost footfall and tenant sales

Hong Kong shopping mall operators are extending a strategy used during this year’s Fifa World Cup into the Asian Games, using major sporting events to attract visitors and support tenant sales as retailers face competition from Shenzhen, overseas shopping and online spending. Sino Group expects foot traffic at four malls to rise during its campaign.

Macro & central banksCompanies & industryHong Kong mallsAsian Gamesretail sales

SSouth China Morning PostOriginal★★☆☆☆2026-09-17 23:00

Hong Kong malls bet on Asian Games to boost footfall and tenant sales
Hong Kong malls bet on Asian Games to boost footfall and tenant sales

Stellantis Tells Workers at Canada Plant It Has No Future There

Jeep parent Stellantis told employees at a Toronto-area factory that it sees no long-term business case for building vehicles there and is considering selling the facility, raising the prospect of a work stoppage.

Companies & industryStellantisCanadian auto industryplant sale

BBloomberg NewsOriginal★★★☆☆2026-09-17 22:30

Stellantis Tells Workers at Canada Plant It Has No Future There
Stellantis Tells Workers at Canada Plant It Has No Future There

Real stocks are finally coming to blockchain. Here’s how the SEC wants it to work

The SEC is creating a regulated U.S. route for tokenized stocks, while keeping trading volumes, access and issuers’ rights under tight control.

MarketsCryptoBanking & financetokenized stocksSECblockchain

CCoinDeskOriginal★★☆☆☆2026-09-17 21:47

Real stocks are finally coming to blockchain. Here’s how the SEC wants it to work
Real stocks are finally coming to blockchain. Here’s how the SEC wants it to work
  • After Congress killed its crypto bill, SEC opens $77 trillion US stock market to tokenization
    After Congress killed its crypto bill, SEC opens $77 trillion US stock market to tokenization

    The SEC has created a five-year pathway for regulated US stocks to trade on blockchain-native venues, following the Senate’s failure to advance the CLARITY Act. The exemption gives qualifying tokenized-securities venues temporary relief from some exchange and dealer-registration rules, while imposing limits on symbols and volume plus transparency, recordkeeping and technology safeguards.

    Tokenized securitiesSECCrypto regulationBlockchain

    CCryptoSlate★★★☆☆2026-09-17 21:00Original
  • SEC opens a U.S. pathway for tokenized stock trading
    SEC opens a U.S. pathway for tokenized stock trading

    The SEC’s five-year experiment creates a new U.S. route for DeFi-style trading venues, tokenization companies and liquidity providers. Synthetic stock tokens, however, remain outside the framework.

    tokenized stocksSECDeFi

    CCoinDesk★★★☆☆2026-09-17 18:38Original
  • US regulator opens markets to tokenised stock trading

    A US regulator is opening a pathway for tokenised stock trading. Blockchain-based representations of traditional equities can trade around the clock and be used more readily as collateral.

    tokenized stocksblockchainsecurities regulation

    FFinancial Times★★☆☆☆2026-09-17 18:29Original
  • US securities regulator rolls out five-year exemption for tokenized stock trading
    US securities regulator rolls out five-year exemption for tokenized stock trading

    The U.S. Securities and Exchange Commission unveiled a long-awaited five-year exemption allowing companies to offer blockchain-based, or “tokenized,” stocks and other securities for trading. The move could bring digital assets more deeply into traditional markets.

    SECtokenized stocksdigital assetssecurities trading

    RReuters★★★★☆2026-09-17 16:15Original
  • SEC clears path for tokenized stocks, bringing the market closer to 24/7 trading
    SEC clears path for tokenized stocks, bringing the market closer to 24/7 trading

    The SEC has opened a route for tokenized stock trading, moving markets closer to round-the-clock operations. The long-awaited Innovation Exemption came two days after the Senate voted to stop the CLARITY Act crypto market structure bill from advancing.

    SECTokenized stocksCrypto market structure

    CCNBC★★☆☆☆2026-09-17 13:00Original

Ondo Finance succession crisis deepens as Kathleen Allman’s daughter alleges dementia, alcoholism and reckless spending

The estranged daughter of 77-year-old Kathleen Allman has asked a Hawaiian court to establish a limited conservatorship. She says the measure is needed to safeguard her parents’ share of her brother’s stake in Ondo, while alleging dementia, alcoholism and reckless spending by Allman.

OtherOndo Financesuccession disputelimited conservatorship

CCoinDeskOriginal★★☆☆☆2026-09-17 21:28

Ondo Finance succession crisis deepens as Kathleen Allman’s daughter alleges dementia, alcoholism and reckless spending
Ondo Finance succession crisis deepens as Kathleen Allman’s daughter alleges dementia, alcoholism and reckless spending

Canada-EU partnership is a ‘classic win-win situation’, economist says

Fabian Zuleeg, chief economist at the European Policy Center, describes the Canada-EU partnership as a “classic win-win situation.” He says Canada offers resources and economic strengths the EU lacks, while the EU brings a very large market and is an important trading partner.

Macro & central banksTrade & sanctionsCanadaEuropean Uniontradeeconomic partnership

FFrance 24Original★★☆☆☆2026-09-17 21:12

Canada-EU partnership is a ‘classic win-win situation’, economist says
Canada-EU partnership is a ‘classic win-win situation’, economist says
  • Canada-EU partnership is a ‘classic win-win situation’, economist says
    Canada-EU partnership is a ‘classic win-win situation’, economist says

    Fabian Zuleeg, chief economist at the European Policy Center, describes the Canada-EU partnership as a “classic win-win situation.” He says Canada brings resources and economic strengths the EU lacks, while the EU offers a very large market and is an important trading partner.

    CanadaEuropean Uniontrade partnership

    FFrance 24★★☆☆☆2026-09-17 21:09Original

Canada Investment Summit generates $500B in new investment

The Canadian government says nearly $500 billion in new investment will enter the country following the first Canada Investment Summit in Toronto. Investors from nearly 30 countries, overseeing more than $100 trillion in assets, attended the two-day event, where about 167 projects were discussed and major investments went to energy, critical minerals and AI. The summit also drew criticism over the climate crisis.

MarketsTech & AICanadainvestment summitcritical mineralsAIclimate crisis

CCGTNOriginal★★★☆☆2026-09-17 20:55

Canada Investment Summit generates $500B in new investment
Canada Investment Summit generates $500B in new investment

India’s Tata Trusts reveal SP Group’s $2.6 billion Tata Sons stake sale plan amid feud

Shapoorji Pallonji Group, the second-largest shareholder in India’s Tata Sons, has proposed selling part of its holding in the parent company, valued at 250 billion rupees ($2.61 billion), Tata Trusts said in a statement on Thursday.

Companies & industryIndiaTata Trustsstake sale

RReutersOriginal★★★☆☆2026-09-17 20:50

India’s Tata Trusts reveal SP Group’s $2.6 billion Tata Sons stake sale plan amid feud
India’s Tata Trusts reveal SP Group’s $2.6 billion Tata Sons stake sale plan amid feud

French fishermen to end blockades over fuel prices

French fishermen have agreed to lift blockades at fuel depots and ports, including Nice, after talks with the government on financial aid. They say surging fuel prices since the war with Iran began are pushing them to the brink. The segment also reports that India could face new US tariffs if it continues buying Russian oil.

Energy & commoditiesTrade & sanctionsFrench fishermenfuel pricesport blockades

FFrance 24Original★★★☆☆2026-09-17 20:43

French fishermen to end blockades over fuel prices
French fishermen to end blockades over fuel prices

Why have China’s oil prices reached a record high?

China’s oil prices climbed to about $130 a barrel this week, a record high driven by global supply disruptions. Al Jazeera’s Katrina Yu examines whether the world’s biggest oil importer is at risk of running out of oil.

Energy & commoditiesChinaoil pricessupply disruptions

AAl JazeeraOriginal★★★☆☆2026-09-17 20:30

Why have China’s oil prices reached a record high?
Why have China’s oil prices reached a record high?

US sanctions Iranian crypto exchange BitBank over alleged bitcoin transfers to IRGC

The US Treasury sanctioned Iranian cryptocurrency exchange BitBank, alleging that it was used by the previously sanctioned Hormuz Safe platform to transfer payments collected since June to the Islamic Revolutionary Guard Corps.

Trade & sanctionsCryptoUS sanctionsIrancryptocurrencyBitcoin

TThe BlockOriginal★★★☆☆2026-09-17 20:05

US sanctions Iranian crypto exchange BitBank over alleged bitcoin transfers to IRGC
US sanctions Iranian crypto exchange BitBank over alleged bitcoin transfers to IRGC

EXCLUSIVE: US shale oil producer HighPeak Energy exploring sale, sources say

HighPeak Energy is considering a sale after attracting acquisition interest, according to three people familiar with the matter. The U.S. oil and gas exploration and production company, focused on the Permian Basin, is weighing its options.

Energy & commoditiesCompanies & industryHighPeak Energyshale oilacquisition

RReutersOriginal★★☆☆☆2026-09-17 19:45

EXCLUSIVE: US shale oil producer HighPeak Energy exploring sale, sources say
EXCLUSIVE: US shale oil producer HighPeak Energy exploring sale, sources say

Why High Bond Yields Look Like the New Normal

Government borrowing costs are rising worldwide as investors seek greater compensation for holding longer-term debt. In the US, higher yields led Treasury Secretary Scott Bessent to announce expanded buybacks of long-dated government bonds, but the move failed to keep 10-year Treasury yields below 5%, their highest level in nearly two decades.

Marketsbond yieldsUS Treasuriesgovernment borrowing

BBloomberg NewsOriginal★★★☆☆2026-09-17 19:00

Why High Bond Yields Look Like the New Normal
Why High Bond Yields Look Like the New Normal

India vows to protect energy security after new US tariffs over Russian oil

India warned Washington that new US measures targeting buyers of Russian oil with tariffs could harm bilateral ties. The warning came after the US House passed a sweeping sanctions and tariff bill aimed at increasing economic pressure on Russia over its invasion of Ukraine.

Energy & commoditiesTrade & sanctionsIndiaUS tariffsRussian oil

FFrance 24Original★★★★☆2026-09-17 18:50

India vows to protect energy security after new US tariffs over Russian oil
India vows to protect energy security after new US tariffs over Russian oil
  • US tariffs on Russian oil buyers pass: What it means for China and India
    US tariffs on Russian oil buyers pass: What it means for China and India

    The US Congress has passed legislation giving President Donald Trump broad authority to sanction Russia’s crude exports and impose tariffs of up to 100 percent on major buyers of Russian energy. China and India, Moscow’s largest energy customers, are likely to face the greatest pressure. India says it will protect its trade and economic interests, while China rejects extraterritorial jurisdiction lacking a basis in international law.

    US sanctionsRussian oilChinaIndia

    AAl Jazeera★★★★☆2026-09-17 12:59Original
  • India faces 100% tariff threat over Russian oil after US House vote
    India faces 100% tariff threat over Russian oil after US House vote

    The US House has passed legislation allowing Donald Trump to impose tariffs of up to 100% on countries buying Russian oil and gas. India, a major Russian crude customer, could face higher costs if it switches suppliers, while the threat may also affect Indian exports to the US, the rupee, refinery margins and the trade balance.

    IndiaUS tariffsRussian oilenergy security

    BBBC News★★★★☆2026-09-17 05:33Original

Credit Acceptance reaches $710 million predatory auto-lending settlement with most US states

Credit Acceptance Corp agreed to pay $710 million to settle allegations brought by 40 U.S. states and Washington, D.C. The company was accused of steering thousands of low-income borrowers with poor credit into predatory car loans it knew they could not afford.

Companies & industryCredit Acceptanceauto lendingconsumer protection

RReutersOriginal★★★☆☆2026-09-17 18:45

Credit Acceptance reaches $710 million predatory auto-lending settlement with most US states
Credit Acceptance reaches $710 million predatory auto-lending settlement with most US states

IN BRIEF: Putin’s key statements at a cabinet meeting on economic issues

President Vladimir Putin said Russia’s annual inflation had slowed to 6.2% by September 14 and was generally under control, with Central Bank and government measures producing results. He projected GDP growth of about 1%, an annual federal budget deficit near 2% based on a $50 oil-price estimate, and cited a 606 billion-ruble surplus in August.

Macro & central banksRussiainflationfederal budgetVladimir Putin

TTASSOriginal★★★☆☆2026-09-17 18:40

IN BRIEF: Putin’s key statements at a cabinet meeting on economic issues
  • Russia’s annual inflation slows to 6.2% as of September 14, Putin says

    President Vladimir Putin says Russia’s annual inflation rate fell to 6.2% by September 14, significantly below last year’s level. He said consumer-price growth has been slowing since the second quarter of last year, after reaching 10.3% at the end of the first quarter of 2025.

    RussiainflationeconomyVladimir Putin

    TTASS★★★☆☆2026-09-17 18:04Original
  • Putin says central bank and government efforts to curb inflation are paying off

    President Vladimir Putin said joint efforts by Russia’s Central Bank and government to curb inflation are producing results, with consumer price growth under control and slowing. Annual inflation fell to 6.2% as of September 14, a significant decline from the same period last year.

    Russiainflationcentral bankeconomic policy

    TTASS★★★☆☆2026-09-17 17:58Original

Putin: Russia projects 2% budget deficit even under conservative oil price estimate

President Vladimir Putin said Russia’s federal budget deficit is expected to reach about 2%, based on a highly conservative oil-price estimate. He said the gap remains manageable under current macroeconomic assumptions.

Macro & central banksEnergy & commoditiesRussiafederal budgetbudget deficitoil prices

TTASSOriginal★★★☆☆2026-09-17 18:20

Putin: Russia projects 2% budget deficit even under conservative oil price estimate

Putin extends 2014 food embargo until 2029

Russian President Vladimir Putin has extended a 2014 embargo on agricultural products from Western countries through December 31, 2028. Introduced in response to what Russia called the West’s “unfriendly actions,” the measure covers goods from the US, EU, Australia, Norway and Canada, and was later expanded to other European countries and Ukraine.

Trade & sanctionsRussiafood embargosanctionsVladimir Putin

TTASSOriginal★★★☆☆2026-09-17 18:17

Putin extends 2014 food embargo until 2029

Putin places Auchan and Nestlé’s Russian assets under temporary management

A decree signed by Vladimir Putin places the Russian subsidiaries of France’s Auchan and Switzerland’s Nestlé under temporary management by L.E.V. Management. It also covers Adeo’s 0.007% stake in Leroy Merlin’s Russian entity. Neither Auchan nor Nestlé left Russia after the 2022 invasion, though Nestlé reduced its operations.

MarketsCompanies & industryRussiaAuchanNestlétemporary management

MMeduzaOriginal★★★☆☆2026-09-17 18:13

Putin places Auchan and Nestlé’s Russian assets under temporary management
Putin places Auchan and Nestlé’s Russian assets under temporary management

Raiffeisen shares fall 9% after short seller accuses bank of helping Russia evade sanctions

Shares in Raiffeisen Bank International fell 9% after Grizzly Research accused it of helping Russia evade sanctions. The bank called the report misleading and factually wrong, while saying it has spent years trying to sell its Russian business and leave the country. Bloomberg Intelligence analysts said the report may overstate the sanctions risks.

MarketsTrade & sanctionsBanking & financeRaiffeisen Bank InternationalRussiasanctionsfinancial markets

MMeduzaOriginal★★★☆☆2026-09-17 18:04

Raiffeisen shares fall 9% after short seller accuses bank of helping Russia evade sanctions
Raiffeisen shares fall 9% after short seller accuses bank of helping Russia evade sanctions

Struggling US homebuyers and markets face new hurdles as mortgage rates near 7%

U.S. mortgage rates rose for a fourth straight week, pushing the average long-term home loan rate to just under 7%, the highest level in more than 19 months and a fresh challenge for homebuyers and the market.

Macro & central banksReal EstateUS economymortgage rateshousing market

TThe Associated PressOriginal★★★☆☆2026-09-17 18:00

Struggling US homebuyers and markets face new hurdles as mortgage rates near 7%
Struggling US homebuyers and markets face new hurdles as mortgage rates near 7%