US urges China to honour Busan trade deal commitments
Trump-Xi Busan deal aimed to ease tariffs and tech restrictions; progress hinges on China’s fulfilment of commitments.
Financial Markets
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Bank of Canada raises interest rates for the first time in three years
The central bank increased the key rate by a quarter point as soaring energy prices pushed up inflation.
Israel’s stock market drops as exit polls show no clear election winner
Benchmark Tel Aviv 125 index falls more than 3 percent amid uncertainty over who will lead the next government.
Global stock markets rise as investors continue to bet on AI
Asian markets make gains, following strong showing for US tech stocks.
Brazil’s real sinks after Lula’s re-election victory
Investors react to Lula’s victory with a sharp decline in the real and concern over increased spending and fiscal challenges.
Anthropic’s IPO filing shows explosive growth, risks and staggering costs
The filing sets up the company for a Wall Street debut next month, potentially eclipsing SpaceX’s IPO.
California’s billionaire tax faces a precarious road from rich opposition
Tech billionaires have raised more than $300m to oppose the billionaire tax proposal.
Trump’s beef tariff pause sparks anger among US ranchers
Just as American cattle went to market, Trump’s action added unease to an industry already facing uncertainty.
US tech stocks tumble as investors fret over AI spending
Tech-heavy Nasdaq falls 2.6 percent as debate rages over whether AI is a bubble.
From: NewsFeed
Musk confirms SpaceX and Tesla exploring merger
Elon Musk says SpaceX and Tesla are considering a merger that would form a $3.5 trillion mega company.
Published On 21 Oct 2026
EXPLAINER
France’s growing debt woes: How bond markets set countries’ borrowing costs
France’s rising debt is unnerving investors, but countries such as the US and Japan owe even greater sums.
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