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Converse Apologizes for Ads Compared to KKK and Lynching Imagery
Converse apologized after ads featuring K-pop star Karina and a Palmes collaboration drew KKK and lynching comparisons online. The company removed the images and pledged to do better.
WETH USD Climbs 7% to $2,618 as RSI Hits Overbought 68.7
Wrapped Ethereum surges $170.51 to $2,617.70 in 24 hours on strong volume and overbought technicals.
Bank of Japan Raises Rates to 31-Year High on September 18, Pressured by US and PM
Bank of Japan raises rates to 1.25%, a 31-year high, on September 18. Governor Ueda faces pressure from US officials and domestic politics as the yen weakens despite the hike.
Bittensor USD Climbs 6.6% to $247.58 as Altcoin Rally Accelerates
TAOUSD surged 6.6% to $247.58 on September 19 as Bitcoin broke $80,000 and the Altcoin Season Index jumped 4.76%, lifting the AI crypto sector.
Singapore Luxury Property Auction Fails as Seized Assets Draw Tepid Bids
Seven luxury properties seized in Singapore’s S$3 billion money laundering case failed to sell at auction on September 17. Highest bid reached S$6.7 million but missed reserve price.
Bitcoin Surges 6.3% to $81,186 as Rate Hikes Fail to Dent Demand
Bitcoin jumped 6.3% to $81,186 on September 18 despite Fed and BOJ rate hikes, signaling seller exhaustion and strong technical setup.
Oriental Land Stock Surges 45% From May Low as Disney Sea 25th Anniversary Boosts Q1 Earnings
Oriental Land (4661.T) stock climbed 45.9% from May lows to ¥3,068 on September 17 after Q1 operating profit jumped 23.1%. The company offers special 100-share dividend for 30th listing anniversary.
ATO Tax Prosecutions Jump 80% as $2.7M in Fines Handed Down, September 18
ATO prosecutions for tax evasion surge 80% with $2.7 million in fines. Over 350 individuals and businesses convicted in shadow economy crackdown targeting non-lodgers and cash-in-hand workers.
Fed Hikes 25bps to 3.75%-4%, Hong Kong Follows With Rate Rise
Fed raises rates to 3.75%-4% for first time since 2023. HKMA hikes base rate to 4.25%. Inflation concerns drive unanimous decision despite Trump opposition.