
Japan Regional Bank Stocks Drop After Zentoshin Bankruptcy Sparks Credit Risk Concerns
Jul 08, 2026 05:25 am UTC| Economy Business
Japanese regional bank stocks came under heavy selling pressure on Tuesday and Wednesday after investors assessed the financial impact of the bankruptcy of Osaka-based credit card payments processor Zentoshin, raising...

Cuba Power Outage Sparks Havana Protests as Fuel Crisis Deepens
Jul 08, 2026 05:14 am UTC| Politics Economy
Scattered protests erupted across Havana on Tuesday night as millions of Cubans continued to face prolonged power outages following the islands third nationwide blackout of the year. Residents banged pots and pans, honked...

Japan Revises Economic Blueprint to Reassure Markets on BOJ Independence
Jul 08, 2026 05:01 am UTC| Central Banks Economy
Japans government is considering revised wording on monetary policy in its latest economic blueprint in an effort to ease investor concerns over the Bank of Japans independence, according to a draft reviewed by Reuters....

Asian Stocks Slip as AI Chip Valuation Fears, Rising Oil Prices Weigh on Markets
Jul 08, 2026 04:50 am UTC| Economy
Asian stock markets mostly declined on Wednesday as investors remained cautious toward artificial intelligence (AI)-related shares following a sharp semiconductor selloff, while rising oil prices and escalating...

RBNZ Raises Interest Rates to 2.50%, Signals More Tightening as Inflation Risks Persist
Jul 08, 2026 04:37 am UTC| Central Banks Economy
The Reserve Bank of New Zealand (RBNZ) raised its official cash rate (OCR) by 25 basis points to 2.50% on Wednesday, matching market expectations, and indicated that further policy tightening could be necessary to bring...

US Stock Futures Steady as Middle East Tensions and Fed Minutes Keep Investors Cautious
Jul 08, 2026 04:35 am UTC| Economy
U.S. stock index futures were little changed Tuesday night as investors stayed on the sidelines ahead of the release of the Federal Reserves latest meeting minutes while monitoring escalating geopolitical tensions in the...

Oil Prices Jump as Middle East Tensions Shake Markets, AI Rally Loses Steam
Jul 08, 2026 03:47 am UTC| Economy
Oil prices climbed on Wednesday as renewed conflict in the Middle East and fresh U.S. sanctions targeting Iranian oil exports reignited concerns over global energy supplies, while investors reduced exposure to bonds and...