MINUTES
About Minutes
MINUTES
About Minutes Content Preferences Settings

Britain’s largest banks complete first interbank transactions using tokenised deposits

Britain’s biggest banks have carried out what the industry calls the first transactions anywhere in which tokenised deposits were used to transfer funds between banks. The blockchain-based form of bank money is favoured by the Bank of England over privately issued stablecoins.

Macro & central banksCryptoBanking & financeBritish bankstokenised depositsblockchainBank of England

EeuronewsOriginal★★★☆☆2026-09-24 08:55

Britain’s largest banks complete first interbank transactions using tokenised deposits

EBRD cuts Russia’s 2026 GDP growth forecast to 0.5%

The European Bank for Reconstruction and Development lowered its forecast for Russia’s economic growth in 2026 to 0.5%, down 0.3 percentage points from its June projection. Its 2027 forecast was also cut by 0.3 points to 0.7%. The bank said higher oil prices had supported a robust external position, while defense spending was rising.

Macro & central banksRussia economygrowth forecastEBRD

TTASSOriginal★★★☆☆2026-09-24 08:48

EBRD cuts Russia’s 2026 GDP growth forecast to 0.5%

Russian Central Bank buys $22.41 mln worth of yuan on September 23

The Bank of Russia bought 1.9 billion rubles ($22.41 million) worth of yuan on the domestic market, with settlement on September 23, according to regulator data. Purchases settled on September 22 also totaled 1.9 billion rubles. The transactions use the yuan-ruble instrument on the Moscow Exchange.

Macro & central banksMarketsBank of Russiayuanforeign exchange

TTASSOriginal★★☆☆☆2026-09-24 08:02

Russian Central Bank buys $22.41 mln worth of yuan on September 23

DBS: Investors turn to selective China tech bets as property growth fades

DBS Bank says investors are moving away from treating China as a single investment bet and are instead picking individual winners. Technology is replacing property as the growth engine, with artificial intelligence, advanced manufacturing and innovative drugs seen as sectors that could benefit.

Macro & central banksMarketsTech & AIReal EstateChina economytechnology investmentpropertyartificial intelligence

SSouth China Morning PostOriginal★★☆☆☆2026-09-24 08:00

DBS: Investors turn to selective China tech bets as property growth fades
DBS: Investors turn to selective China tech bets as property growth fades

Australian diesel prices could top $3 a litre if Trump cuts US exports

Australian diesel prices could rise above A$3 a litre if Donald Trump’s administration bans US diesel exports amid stalled negotiations with Iran. Prices have climbed nearly 40 cents this month as Middle East hostilities disrupt supply. A ban could intensify competition for Asian shipments, raising inflation risks and pressure for higher interest rates.

Macro & central banksEnergy & commoditiesTrade & sanctionsAustraliadiesel pricesUS fuel exportsinflation

TThe GuardianOriginal★★★★☆2026-09-24 06:18

Australian diesel prices could top $3 a litre if Trump cuts US exports
Australian diesel prices could top $3 a litre if Trump cuts US exports

Australians ‘scrambling’ for second jobs as mortgage repayments and living costs rise

Economists say Australians are “scrambling” to find extra work as living expenses and mortgage costs climb. Unemployment rose unexpectedly from 4.5% in July to 4.6% in August, its highest level since the pandemic, but analysts say the increase is unlikely to deter the Reserve Bank of Australia from raising rates again next week.

Macro & central banksBanking & financeCompanies & industryReal EstateAustraliaunemploymentcost of livingmortgages

TThe GuardianOriginal★★★☆☆2026-09-24 06:12

Australians ‘scrambling’ for second jobs as mortgage repayments and living costs rise
Australians ‘scrambling’ for second jobs as mortgage repayments and living costs rise

France faces fresh budget battle as spiraling debt costs threaten to topple another government

France is heading into a new budget confrontation as its deficit balloons and debt costs spiral. Strategists warn that time is running out for French government bonds, raising the prospect that another government could fall.

Macro & central banksFrancebudgetgovernment debt

CCNBCOriginal★★★★☆2026-09-24 05:00

France faces fresh budget battle as spiraling debt costs threaten to topple another government
France faces fresh budget battle as spiraling debt costs threaten to topple another government

Hong Kong’s overall CPI rises 1.7% in August

Hong Kong’s overall Consumer Price Index rose 1.7% year on year in August 2026, matching July’s increase, the Census and Statistics Department said. Underlying inflation, excluding one-off relief measures, was also unchanged at 1.9%. High international oil prices continued to pressure fuel-related costs, while broader price pressures remained contained.

Macro & central banksHong KongCPIinflation

CChina News ServiceOriginal★★☆☆☆2026-09-24 03:04

Hong Kong’s overall CPI rises 1.7% in August

PoliticsA Diesel Export Ban Is a Bad Idea. Trump Needs It Anyway

The US has no diesel shortage, but Republicans’ prospects in the midterm elections appear to be worsening. That makes a diesel-export ban, despite being a poor policy, look increasingly likely.

US politicsdiesel exportsDonald Trump

BBloomberg NewsOriginal★★★☆☆2026-09-24 02:00

A Diesel Export Ban Is a Bad Idea. Trump Needs It Anyway
A Diesel Export Ban Is a Bad Idea. Trump Needs It Anyway
  • Trump’s Push for Diesel Export Ban Threatens to Squeeze Key US Allies
    Trump’s Push for Diesel Export Ban Threatens to Squeeze Key US Allies

    A diesel export ban promoted by President Donald Trump could send countries including Brazil and the UK scrambling to secure fuel. With the Iran war constraining global supplies, the measure risks pushing already near-record prices even higher.

    Donald Trumpdiesel export banfuel supplyIran war

    BBloomberg News★★★★☆2026-09-24 00:04Original
  • US oil industry pushes back against proposed diesel export ban

    US oil industry groups are opposing a proposed ban on diesel exports after the president signalled he may halt shipments abroad. They say there is no “silver bullet” for the fuel price crisis.

    US oil industrydiesel exportsfuel prices

    FFinancial Times★★★☆☆2026-09-23 23:44Original
  • US diesel futures fall after report of export ban plan, denied by White House
    US diesel futures fall after report of export ban plan, denied by White House

    US ultra-low-sulfur diesel futures dropped 4% on Wednesday after Politico reported that the White House was preparing a 90-day diesel export ban. The Trump administration denied the report.

    United Statesdieselexport banenergy markets

    RReuters★★★☆☆2026-09-23 22:50Original
  • Trump sparks debate over diesel export ban
    Trump sparks debate over diesel export ban

    The Trump administration’s suggestion that it could ban or limit diesel exports has triggered an angry response from the US oil industry. Politicians are seeking to curb soaring energy prices before November’s midterm election, while critics warn that a ban would create supply problems and raise prices at home and abroad. The OECD says the global economy is weathering the energy shock better than expected, partly because of AI investment.

    Trumpdiesel exportsenergy pricesglobal economy

    FFrance 24★★★☆☆2026-09-23 20:38Original
  • Oil industry warns diesel export ban would raise fuel prices as Trump weighs restrictions
    Oil industry warns diesel export ban would raise fuel prices as Trump weighs restrictions

    Experts say a diesel export ban would offer only temporary relief before prices climb again as refiners reduce production.

    diesel exportsfuel pricesDonald Trump

    CCNBC★★★☆☆2026-09-23 19:18Original
  • White House denies report US is considering a diesel export ban
    White House denies report US is considering a diesel export ban

    A White House official on Wednesday denied a report that the United States was preparing a 90-day diesel export ban to try to contain record fuel prices. Diesel is widely used by farms, trains and trucks.

    diesel exportsfuel pricesWhite House

    RReuters★★★☆☆2026-09-23 19:05Original
  • Trump administration prepares plan for 90-day diesel export ban, Politico reports
    Trump administration prepares plan for 90-day diesel export ban, Politico reports

    The Trump administration is preparing a 90-day ban on diesel exports, Politico reported, citing five people familiar with the discussions. The proposal faces divisions within the administration and with the oil industry and is intended to lower energy prices weighing on Republicans ahead of the midterms.

    US politicsdiesel exportsenergy prices

    RReuters★★★☆☆2026-09-23 18:30Original
  • Trump’s diesel ban would hurt America and help China

    Suspending foreign sales of the vital fuel may look beneficial in the short term, but the United States would soon suffer as a result.

    diesel export banUS economyChina

    FFinancial Times★★★☆☆2026-09-23 15:37Original
  • European diesel prices rise on prospect of US export ban

    European diesel prices are climbing as markets weigh the possibility that Washington could suspend overseas sales. Analysts warn that such a move would be “catastrophic” for global supplies.

    diesel pricesUS export banEuropean energy

    FFinancial Times★★☆☆☆2026-09-23 13:55Original

US 10-year Treasury yield surges back near highest level in nearly two decades

The 10-year US Treasury yield jumped Wednesday to return near its highest level in almost 20 years, as fresh data pointed to strong business activity and mounting inflation worries.

Macro & central banksMarketsUS Treasurybond yieldsinflation

CCNNOriginal★★★☆☆2026-09-23 21:30

US 10-year Treasury yield surges back near highest level in nearly two decades
  • US Treasury yields soar as strong data fuels bets on further rate rises

    US Treasury yields surged after strong economic data encouraged investors to bet on additional interest-rate increases. A closely watched survey highlighted concerns that parts of the world’s largest economy may be overheating.

    US Treasuriesyieldsinterest rateseconomic data

    FFinancial Times★★★☆☆2026-09-23 15:33Original

Microsoft plans $10 billion-plus Gulf investment focused on resilience

Microsoft plans to invest more than $10 billion across the United Arab Emirates, Saudi Arabia, Qatar and Kuwait by 2030, including in cloud and AI infrastructure. A senior executive said the investment would focus on resilience.

Macro & central banksMarketsTech & AIMicrosoftGulf investmentcloud infrastructureartificial intelligence

RReutersOriginal★★★★☆2026-09-23 19:50

Microsoft plans $10 billion-plus Gulf investment focused on resilience
Microsoft plans $10 billion-plus Gulf investment focused on resilience

Inflation pressures raise prospect of Fed rate hike on eve of elections

Mounting inflation and a stronger economy appear to be steering the Federal Reserve toward an interest-rate increase just before critical national elections. On Wednesday, traders increased bets that policymakers would tighten again in late October, marking a second consecutive hike.

Macro & central banksinflationFederal Reserveinterest ratesUS economy

RReutersOriginal★★★☆☆2026-09-23 19:25

Inflation pressures raise prospect of Fed rate hike on eve of elections
Inflation pressures raise prospect of Fed rate hike on eve of elections

Russia has 2.5 trillion rubles more cash in circulation than at the start of the year. The central bank wants lenders scrutinizing where it comes from.

The Bank of Russia plans to issue comprehensive recommendations requiring banks to examine the origins of clients’ cash and update suspicious-transaction typologies. Official Bogdan Shablya said cash of “unknown origin” comes mainly from illegal cryptocurrency exchanges in Moscow. Cash in circulation has risen by 2.5 trillion rubles since the year began, while businesses’ demand has grown partly as they adjust to 2026 tax changes.

Macro & central banksMarketsCryptoBanking & financeRussiacash circulationbank regulationcryptocurrency

MMeduzaOriginal★★★☆☆2026-09-23 18:30

Russia has 2.5 trillion rubles more cash in circulation than at the start of the year. The central bank wants lenders scrutinizing where it comes from.
Russia has 2.5 trillion rubles more cash in circulation than at the start of the year. The central bank wants lenders scrutinizing where it comes from.

Rebalancing trade with China is ‘existential’ for EU, Commissioner Séjourné tells Euronews

The EU Industry Commissioner warned that the bloc could resort to punitive trade measures if Beijing fails to rebalance the trade deficit. He said the imbalance is costing the EU thousands of jobs every week.

Macro & central banksTrade & sanctionsEUChinatrade deficitpunitive measures

EeuronewsOriginal★★★★☆2026-09-23 17:11

Rebalancing trade with China is ‘existential’ for EU, Commissioner Séjourné tells Euronews

Russia’s industrial output flat in January-August 2026, statistics service says

Russia’s industrial output was unchanged year on year in January-August 2026, Rosstat reported, while August production fell 0.6% both from a year earlier and from July. Mining declined 1% over the period, manufacturing rose 0.4%, and other transport equipment manufacturing, including aircraft and shipbuilding, led growth at 18.6%.

Macro & central banksCompanies & industryRussiaindustrial outputeconomic data

TTASSOriginal★★★☆☆2026-09-23 17:07

Russia’s industrial output flat in January-August 2026, statistics service says

Russia’s annual inflation reaches 6.22% as of September 21, ministry says

Russia’s annual inflation was 6.22% as of September 21, according to a price situation review by the Economic Development Ministry. Prices rose 0.06% during September 15-21, with food up 0.09%, non-food goods up 0.04% and monitored services showing almost no change.

Macro & central banksRussiainflationeconomy

TTASSOriginal★★★☆☆2026-09-23 16:52

Russia’s annual inflation reaches 6.22% as of September 21, ministry says

Stablecoins hold nearly $200 billion in US debt, but money funds bought the surge

Money-market mutual funds absorbed about 85% of the more than $550 billion increase in US Treasury-bill supply during July and August, according to the Treasury Department. Stablecoin providers hold nearly $200 billion in short-dated government debt, but that stock differs from the two-month purchase figure and may overlap with money-fund and repo holdings.

Macro & central banksMarketsCryptostablecoinsUS Treasuriesmoney-market funds

CCryptoSlateOriginal★★★☆☆2026-09-23 16:40

Stablecoins hold nearly $200 billion in US debt, but money funds bought the surge
Stablecoins hold nearly $200 billion in US debt, but money funds bought the surge

Bank of Russia buys $22.4 million worth of yuan

The Bank of Russia bought yuan worth 1.9 billion rubles, or $22.4 million, on the domestic market with settlements on September 22, according to regulator data. The transactions are conducted through the yuan-ruble instrument on the Moscow Exchange’s currency section.

Macro & central banksMarketsBank of RussiayuanMoscow Exchange

TTASSOriginal★★☆☆☆2026-09-23 16:30

Bank of Russia buys $22.4 million worth of yuan

Bitcoin ETFs erase $5.7 billion deficit as profit-taking absorbs fresh demand

US-listed Bitcoin ETFs attracted more than $1.7 billion this week, reversing a $5.69 billion year-to-date deficit. BlackRock’s IBIT captured a large share of the buying, but Bitcoin’s climb toward $88,000 prompted short-term holders to send about 47,600 profitable BTC to exchanges. The resulting profit-taking has slowed the rally despite continued ETF inflows.

Macro & central banksMarketsCryptoCompanies & industryBitcoinETFsinflowsprofit-taking

CCryptoSlateOriginal★★☆☆☆2026-09-23 15:10

Bitcoin ETFs erase $5.7 billion deficit as profit-taking absorbs fresh demand
Bitcoin ETFs erase $5.7 billion deficit as profit-taking absorbs fresh demand

Groceries rise 7% across Australia’s major supermarket chains, Choice finds

Consumer group Choice found that the average price of a basket of eight common groceries rose 7% from March to June, reaching A$43.62 across Coles, Woolworths, Aldi and IGA. IGA recorded the largest increase, while Aldi remained the cheapest; strawberries rose 37%.

Macro & central banksAustraliagrocery pricessupermarketsinflation

TThe GuardianOriginal★★★☆☆2026-09-23 15:01

Groceries rise 7% across Australia’s major supermarket chains, Choice finds
Groceries rise 7% across Australia’s major supermarket chains, Choice finds

Most property investors may pay less capital gains tax under Labor reforms, analysis suggests

An e61 Institute analysis of historical data suggests most Australian property investors could ultimately pay less capital gains tax under Labor’s budget reforms. The research says public debate has overstated the cost to landlords, although investor credit growth has slowed and changes to negative gearing may still affect market decisions.

Macro & central banksMarketsReal EstateAustraliaproperty investorscapital gains taxtax reform

TThe GuardianOriginal★★★☆☆2026-09-23 15:00

Most property investors may pay less capital gains tax under Labor reforms, analysis suggests
Most property investors may pay less capital gains tax under Labor reforms, analysis suggests

Digital ruble launch went according to plan, Bank of Russia chief says

Bank of Russia Governor Elvira Nabiullina said the mass launch of the digital ruble on September 1, 2026, proceeded as planned. She said citizens and businesses now have an additional tool for payments and settlements, meaning Russia has all components of a national payment infrastructure.

Macro & central banksMarketsBanking & financeRussiadigital rublepayment infrastructure

TTASSOriginal★★★☆☆2026-09-23 14:29

Digital ruble launch went according to plan, Bank of Russia chief says

US 30-year mortgage rate tops 7%, hits two-year high

The rate on the most popular U.S. home loan climbed last week to its highest level in more than two years, breaking above 7% for the first time since the opening week of Donald Trump’s term. Federal Reserve rate increases aimed at curbing inflation and higher oil prices pushed up Treasury yields that underpin borrowing costs.

Macro & central banksReal EstateUS mortgagesinterest ratesFederal Reserve

RReutersOriginal★★★☆☆2026-09-23 14:25

US 30-year mortgage rate tops 7%, hits two-year high
US 30-year mortgage rate tops 7%, hits two-year high

WorldBeyond tariffs: A wider agenda for China-US relations

Recent China-US consultations in New York covered trade, artificial intelligence and implementation of previous understandings. The article says both sides appear more willing to separate unavoidable competition from practical cooperation, including reducing barriers on selected non-strategic goods and formalizing an AI dialogue with a possible incident line for major safety events.

China-US relationstrade talksartificial intelligence

CCGTNOriginal★★★★☆2026-09-23 13:42

Beyond tariffs: A wider agenda for China-US relations
Beyond tariffs: A wider agenda for China-US relations
  • Trump Welcomes Xi After UN Speech Threatening Iran
    Trump Welcomes Xi After UN Speech Threatening Iran

    President Donald Trump warned Iran during his United Nations General Assembly address that he could “annihilate the Islamic Republic” if no deal is reached. He is also preparing to welcome Chinese President Xi Jinping to the White House, where intensifying AI competition will be central to the agenda. The visit has drawn rare criticism from a senior Republican.

    Donald TrumpXi JinpingIranAI competition

    NNBC News★★★★☆2026-09-23 11:09Original
  • As AI leaders warn of catastrophe, US and China shun slowdown calls
    As AI leaders warn of catastrophe, US and China shun slowdown calls

    As AI industry leaders urge a global slowdown to protect humanity, the United States and China show no intention of slowing development. Donald Trump and Xi Jinping are expected to reach only limited cooperation on AI safety at their Washington summit, with mistrust and differing views of the main risks obstructing broader coordination.

    artificial intelligenceAI safetyUS-China relationstechnology competition

    AAl Jazeera★★★★☆2026-09-23 10:27Original
  • Xi and Trump Seek Safe AI Without Slowing the Race for Supremacy
    Xi and Trump Seek Safe AI Without Slowing the Race for Supremacy

    Xi Jinping and Donald Trump are due to meet this week to tackle thorny issues ranging from trade to Taiwan. Both sides agree on one point: neither can afford to slow down in the race for AI leadership.

    US-China relationsartificial intelligenceDonald TrumpXi Jinping

    BBloomberg News★★★★☆2026-09-23 10:00Original
  • Trump-Xi meeting: Why China’s self-sufficiency changes the calculus
    Trump-Xi meeting: Why China’s self-sufficiency changes the calculus

    Persistent growth in Chinese exports to the United States is helping the world’s second-largest economy withstand ongoing domestic challenges, shifting the dynamics ahead of the Trump-Xi meeting.

    US-China relationsDonald TrumpXi JinpingChinese economy

    CCNBC★★★★☆2026-09-23 09:13Original
  • Trump-Xi meeting comes amid tensions on Iran, Taiwan and trade: What to know
    Trump-Xi meeting comes amid tensions on Iran, Taiwan and trade: What to know

    President Donald Trump and Chinese leader Xi Jinping are set to meet at the White House during a high-stakes state visit, with Iran, Taiwan and trade among the thorny issues they will have to navigate.

    TrumpXi JinpingUS-China relationsIranTaiwan

    AABC News★★★★☆2026-09-23 09:04Original
  • Xi Jinping is about to arrive in Washington — what do US scholars and politicians think?
    Xi Jinping is about to arrive in Washington — what do US scholars and politicians think?

    US President Donald Trump will host Chinese leader Xi Jinping in Washington this week, with trade, artificial intelligence and Taiwan expected on the agenda. Experts say Trump’s planned welcome is unprecedented, but a major breakthrough on AI or other issues is unlikely.

    Donald TrumpXi JinpingUS-China relationstradeartificial intelligence

    BBBC Chinese★★★★☆2026-09-23 08:19Original
  • Xi Jinping will meet Trump in Washington from a vastly different position

    CNN’s Simone McCarthy writes that when Chinese leader Xi Jinping visits Washington this week to meet President Donald Trump, he will be in a vastly different position from the last time the two men met face-to-face in the United States nearly a decade ago.

    Xi JinpingDonald TrumpUS-China relations

    CCNN★★★☆☆2026-09-23 08:00Original
  • 'Nuclear' threat or market boom? AI race looms over Trump-Xi talks

    Calls are growing for the United States and China to work together on safeguards for artificial intelligence as President Donald Trump prepares to welcome Chinese President Xi Jinping in Washington. The rivalry over AI is set to hang over their talks, whether it brings a “nuclear” threat or a market boom.

    artificial intelligenceU.S.-China relationsDonald TrumpXi Jinping

    CCBC News★★★★☆2026-09-23 08:00Original
  • Trump-Xi summit puts AI safety talks on the table, but neither side wants to slow down
    Trump-Xi summit puts AI safety talks on the table, but neither side wants to slow down

    AI safety fears have intensified in recent weeks and are expected to be a key focus when the U.S. and Chinese leaders meet, analysts told CNBC. Yet neither side wants to slow its progress in artificial intelligence.

    Donald TrumpXi JinpingAI safetyUS-China relations

    CCNBC★★★★☆2026-09-23 07:36Original

OECD raises 2026 global growth forecast to 2.9% despite Iran war shock

The OECD has slightly raised its global growth forecast for this year to 2.9%, saying the world economy has absorbed the energy shock from the Iran war better than expected. It warned that persistent inflation, higher bond yields and the possibility of a prolonged conflict still cloud the outlook.

Macro & central banksglobal economyOECDIran warinflation

EeuronewsOriginal★★★★☆2026-09-23 13:07

OECD raises 2026 global growth forecast to 2.9% despite Iran war shock

Crypto economy fell just 1.6% in 12 months despite $2.1 trillion market cap rout, Chainalysis says

Global crypto activity declined only 1.6% over 12 months to $9.4 trillion, Chainalysis said, despite a massive $2.1 trillion contraction in cryptocurrency market capitalization.

Macro & central banksCryptocryptocurrencymarket capitalizationChainalysis

TThe BlockOriginal★★☆☆☆2026-09-23 13:00

Crypto economy fell just 1.6% in 12 months despite $2.1 trillion market cap rout, Chainalysis says
Crypto economy fell just 1.6% in 12 months despite $2.1 trillion market cap rout, Chainalysis says

Developing Asia’s economic growth projected at 5% in 2026, report says

The Asian Development Bank projects 5% economic growth this year for developing Asia and the Pacific, 0.1 percentage points above its July forecast. India is expected to lead the region at 7% growth, while China’s forecast remains 4.6% and Southeast Asia’s average is seen at 4.7%.

Macro & central banksBanking & financeAsian economyeconomic growthAsian Development Bank

TTASSOriginal★★★★☆2026-09-23 12:58

Developing Asia’s economic growth projected at 5% in 2026, report says

Hainan steps up efforts to develop international consumption hub

Hainan authorities plan to intensify efforts over the next five years to build the island into a leading international tourism and consumption hub. The plan emphasizes shopping, wellness, maritime, cultural and sports tourism, and targets 154 million Chinese and international visitors and 363 billion yuan in spending from 2026 to 2030.

Macro & central banksCompanies & industryHainaninternational tourismconsumption hub

TTASSOriginal★★★☆☆2026-09-23 12:13

Hainan steps up efforts to develop international consumption hub

Indonesia’s central bank holds rates steady, adds hedging incentives

Indonesia’s central bank left interest rates unchanged on Wednesday, as markets expected, at its first meeting since Destry Damayanti became governor earlier this month. She stressed the need to preserve momentum in economic growth.

Macro & central banksBanking & financeBank Indonesiainterest rateseconomic growth

RReutersOriginal★★★☆☆2026-09-23 12:00

Indonesia’s central bank holds rates steady, adds hedging incentives
Indonesia’s central bank holds rates steady, adds hedging incentives

Global Inflation to Linger and Fed to Hike Again, OECD Says

Global inflation in 2027 will run hotter than previously forecast, the OECD says, a prospect that calls for further monetary tightening from the US to Australia, including another Federal Reserve rate hike.

Macro & central banksglobal inflationOECDFederal Reserveinterest rates

BBloomberg NewsOriginal★★★★☆2026-09-23 12:00

Global Inflation to Linger and Fed to Hike Again, OECD Says
Global Inflation to Linger and Fed to Hike Again, OECD Says

Türkiye-UK trade talks set stage for broader services and digital economy deal

Türkiye and the UK are negotiating an expanded trade framework, with services and the digital economy at its center. Bilateral trade between the two countries reached $38 billion in 2025.

Macro & central banksTrade & sanctionsCompanies & industryTürkiyeUnited Kingdomtrade talksdigital economy

TTRT WorldOriginal★★★☆☆2026-09-23 11:51

Türkiye-UK trade talks set stage for broader services and digital economy deal
Türkiye-UK trade talks set stage for broader services and digital economy deal

There’s a reason Trump is the only one talking about 1% rates

As a lifelong real estate investor whose businesses depended on debt and interest rates, President Donald Trump might be expected to understand the issue better. Analysts say his repeated demand for a 1% U.S. Federal Reserve rate is impractical and could backfire.

Macro & central banksDonald TrumpFederal Reserveinterest rateseconomy

RReutersOriginal★★★☆☆2026-09-23 11:35

There’s a reason Trump is the only one talking about 1% rates
There’s a reason Trump is the only one talking about 1% rates

Europe’s central banks want to scrap this stablecoin reserve safeguard

The European System of Central Banks recommends replacing MiCA’s mandatory commercial-bank deposit shares for stablecoin reserves with minimum holdings of assets maturing within one and five working days. The proposal reflects concern that bank-held reserves could transmit stress between stablecoins and the banking system, while bringing EU and UK approaches closer.

Macro & central banksCryptostablecoinsEuropean Central Bankcrypto regulation

CCryptoSlateOriginal★★★☆☆2026-09-23 11:30

Europe’s central banks want to scrap this stablecoin reserve safeguard
Europe’s central banks want to scrap this stablecoin reserve safeguard

ADB slightly raises 2026 growth forecast for developing Asia-Pacific economies

The Asian Development Bank lifted its 2026 growth forecast for developing economies in Asia and the Pacific to 5%, just above its July projection but below 2025’s 5.5%. It cited domestic demand, government stimulus and resilient technology industries, while warning that energy prices, conflicts, El Niño, trade uncertainty and AI-stock valuation adjustments could weigh on activity.

Macro & central banksBanking & financeAsian Development BankAsia-Pacificeconomic growthinflation

CChina News ServiceOriginal★★★☆☆2026-09-23 10:29

ADB slightly raises 2026 growth forecast for developing Asia-Pacific economies

OECD says 2026 growth remains ‘resilient’ despite Middle East war

The OECD raised its 2026 global growth forecast to 2.9%, saying investment in artificial intelligence was supporting expansion. It warned that the Middle East war was fueling inflation and that prolonged fighting could further weaken growth.

Macro & central banksTech & AIglobal economyOECDMiddle East warartificial intelligence

DDWOriginal★★★★☆2026-09-23 09:49

OECD says 2026 growth remains ‘resilient’ despite Middle East war
OECD says 2026 growth remains ‘resilient’ despite Middle East war
  • OECD projects global economic growth at 2.9% in 2026
    OECD projects global economic growth at 2.9% in 2026

    The OECD’s interim outlook projects global growth of 2.9% in 2026 and 3.0% in 2027, with G20 growth broadly stable. G20 headline inflation is expected to reach 4.1% in 2026 before easing. The OECD warned that Middle East conflict, disruptions through the Strait of Hormuz or Bab al-Mandeb, and damage to energy facilities could drive prices higher and cause commodity shortages.

    global growthinflationOECDenergy risks

    CCGTN★★★★☆2026-09-23 08:00Original

China’s new travel rules unsettle tech giants and talent

Beijing has introduced rules allowing authorities to stop engineers, founders and specialists in batteries, rare earths and AI from leaving China when their expertise is deemed a threat to industrial and technological security. Analysts say the broader curbs reveal concern over economic weakness, capital outflows and the departure of entrepreneurs and skilled personnel.

Macro & central banksTech & AIChina economytalent mobilitycapital outflowstechnology sector

DDWOriginal★★★★☆2026-09-23 08:54

China’s new travel rules unsettle tech giants and talent
China’s new travel rules unsettle tech giants and talent

OECD says AI boom is temporarily offsetting Middle East energy shock

AI-driven investment is helping the global economy perform marginally better than expected this year, the OECD said Wednesday. But the energy shock is becoming more entrenched and is weighing on the outlook for 2027.

Macro & central banksMarketsEnergy & commoditiesTech & AIAI investmentMiddle East energy shockglobal economyOECD

RReutersOriginal★★★★☆2026-09-23 08:15

OECD says AI boom is temporarily offsetting Middle East energy shock
OECD says AI boom is temporarily offsetting Middle East energy shock

European central banks urge rethink of MiCA stablecoin deposit rule

The European System of Central Banks reportedly wants the EU to remove MiCA’s fixed requirement for stablecoin issuers to hold part of their reserves as deposits with EU credit institutions. An alternative would test how quickly reserves can become cash, preserving redemption liquidity while loosening the token-bank funding link.

Macro & central banksCryptoBanking & financeEuropean UnionstablecoinsMiCAbank liquidity

CCryptoSlateOriginal★★☆☆☆2026-09-23 08:10

European central banks urge rethink of MiCA stablecoin deposit rule
European central banks urge rethink of MiCA stablecoin deposit rule

India central bank likely defending rupee, using swaps to drain excess cash, traders say

The Reserve Bank of India likely intervened in foreign exchange markets on Wednesday and continued supporting the rupee, five traders said. The central bank was also likely using swaps to absorb excess cash as oil prices remained volatile and portfolio inflows weak.

Macro & central banksMarketsReserve Bank of Indiarupeeforeign exchange intervention

RReutersOriginal★★★☆☆2026-09-23 08:05

India central bank likely defending rupee, using swaps to drain excess cash, traders say
India central bank likely defending rupee, using swaps to drain excess cash, traders say

Is Syria's 'new' economy for the rich only?

Syria’s government says it is restructuring the economy and delivering prosperity, but ordinary people say fuel price increases and inflation are making life harder. A sharp diesel hike triggered widespread protests before the government reversed some measures and promised subsidies. Despite reports of investment and growth, critics say new projects mainly benefit affluent Syrians.

Macro & central banksEnergy & commoditiesSyria economyfuel pricesinflationprotests

DDWOriginal★★★☆☆2026-09-23 06:15

Is Syria's 'new' economy for the rich only?
Is Syria's 'new' economy for the rich only?

As Buffett exits, can China win back Wall Street with its own winning formula?

China is betting that patient capital, rather than quick trades, will define its next phase of growth. After Warren Buffett stepped down last week and as investors watch this week’s US-China leadership summit for signs of easing tensions, attention is turning to whether Beijing’s version of his value-investing legacy can revive Wall Street’s appetite for Chinese assets.

Macro & central banksMarketsChina economyWall Streetpatient capitalvalue investing

SSouth China Morning PostOriginal★★★☆☆2026-09-22 23:00

As Buffett exits, can China win back Wall Street with its own winning formula?
As Buffett exits, can China win back Wall Street with its own winning formula?

Oil price becoming increasingly important for ECB, Bundesbank chief says

Bundesbank President Joachim Nagel said on Tuesday that oil prices are becoming an increasingly important indicator for European Central Bank policymakers when setting interest rates, while other factors remain crucial. Markets had increased bets on rate hikes as energy costs rose.

Macro & central banksEnergy & commoditiesTrade & sanctionsoil pricesEuropean Central Bankinterest ratesBundesbank

RReutersOriginal★★★☆☆2026-09-22 22:35

Oil price becoming increasingly important for ECB, Bundesbank chief says
Oil price becoming increasingly important for ECB, Bundesbank chief says

NY Fed's Perli says monetary policy toolkit working very well

Roberto Perli, the New York Fed official responsible for implementing the Federal Reserve’s short-term interest-rate policy, said Tuesday that the central bank’s monetary policy control toolkit remains highly effective.

Macro & central banksFederal ReserveNew York Fedmonetary policy

RReutersOriginal★★☆☆☆2026-09-22 20:50

NY Fed's Perli says monetary policy toolkit working very well
NY Fed's Perli says monetary policy toolkit working very well

SocietyNYC Mayor Mamdani reaches record DoorDash settlement for underpaid workers

New York City has finalised a settlement worth more than $131m with DoorDash over allegations that it underpaid delivery workers. About $115m will go directly to workers, with the agreement expected to affect 260,000 people. Eligible workers will receive twice what they were originally owed.

New York CityDoorDashdelivery workersunderpayment

AAl JazeeraOriginal★★★☆☆2026-09-22 20:03

NYC Mayor Mamdani reaches record DoorDash settlement for underpaid workers
NYC Mayor Mamdani reaches record DoorDash settlement for underpaid workers

Russian banks’ August profit virtually unchanged from July at $5.22 bln

Russia’s banking sector posted 440 billion rubles ($5.22 billion) in net profit in August, down 0.7% from July, the Bank of Russia said. Corporate funds rose 1.9% to 66.9 trillion rubles, while household funds fell 0.2% to 68.5 trillion rubles, possibly reflecting vacation spending and back-to-school preparations.

Macro & central banksBanking & financeCompanies & industryRussian bankingbank profitsBank of Russia

TTASSOriginal★★★☆☆2026-09-22 18:06

Russian banks’ August profit virtually unchanged from July at $5.22 bln

Why Bitcoin’s rally is dangerous according to new Fed data

Bitcoin’s rally reflects current demand and positioning, while the Federal Reserve’s Financial Vulnerability Index tracks structural weaknesses that could amplify a future shock. Financial leverage was marked at 0.83 in the elevated band; the aggregate index stood at 0.65, valuation pressure at 0.77 and funding risk at 0.62, all notable. The measure suggests vulnerability can build during calm periods, while Bitcoin’s near-term path remains driven by flows, liquidity and positioning.

Macro & central banksCryptoBitcoinFederal Reservefinancial risk

CCryptoSlateOriginal★★☆☆☆2026-09-22 18:05

Why Bitcoin’s rally is dangerous according to new Fed data
Why Bitcoin’s rally is dangerous according to new Fed data

Czech diesel prices jump 14.3% in August, highest increase in EU

Automotive diesel prices in the Czech Republic rose 14.3% in August from July, the biggest increase among EU member states, compared with an EU average of 8.3%. Diesel averaged 49.13 korunas per liter at Czech filling stations. From October 1, the government will cap retailers’ margins and cut the diesel excise tax.

Macro & central banksEnergy & commoditiesCzech Republicdiesel pricesEuropean Unionfuel tax

TTASSOriginal★★☆☆☆2026-09-22 15:28

Czech diesel prices jump 14.3% in August, highest increase in EU

European central banks push to extend stablecoin yield ban to crypto lending and staking

European central bankers are seeking to extend a ban on stablecoin yields to crypto lending and staking. They argue that indirect yield structures blur the distinction between electronic payment tokens and commercial bank deposits, distorting competition across the financial system.

Macro & central banksCryptoBanking & financeEuropean central banksstablecoinscrypto lendingfinancial regulation

CCoinDeskOriginal★★☆☆☆2026-09-22 14:32

European central banks push to extend stablecoin yield ban to crypto lending and staking
European central banks push to extend stablecoin yield ban to crypto lending and staking

ECB calls for tougher EU crypto rules and broader stablecoin interest ban

Europe’s central banks are urging tighter EU crypto regulation, including a broader prohibition on stablecoin interest payments, new powers to restrict tokens linked to foreign currencies such as the US dollar, and EU-level oversight of crypto companies.

Macro & central banksCryptocryptocurrencystablecoinsEU regulation

EeuronewsOriginal★★★★☆2026-09-22 13:18

ECB calls for tougher EU crypto rules and broader stablecoin interest ban

Türkiye’s economy remains resilient despite global, regional challenges: Simsek

Simsek said Türkiye’s economy remains resilient despite global and regional challenges. Discussions also addressed price stability, fiscal discipline, and efforts to improve the country’s productivity and competitiveness.

Macro & central banksTürkiye economyprice stabilityfiscal discipline

TTRT WorldOriginal★★★☆☆2026-09-22 12:39

Türkiye’s economy remains resilient despite global, regional challenges: Simsek
Türkiye’s economy remains resilient despite global, regional challenges: Simsek

China’s industrial rise hits German manufacturers hard, ECB finds

China’s industrial transformation is pushing European companies out of global markets, especially in machinery and transport equipment, with German firms among those suffering the biggest losses, the European Central Bank said Tuesday.

Macro & central banksMarketsCompanies & industryChina industryGerman manufacturingEuropean Central Bankglobal markets

RReutersOriginal★★★★☆2026-09-22 12:15

China’s industrial rise hits German manufacturers hard, ECB finds
China’s industrial rise hits German manufacturers hard, ECB finds