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Australia’s Debt Surge: Why Households Are Feeling the Squeeze at 4.6%
📅 14 hours ago

Australia’s Debt Surge: Why Households Are Feeling the Squeeze at 4.6%

Australian household debt is trending for an uncomfortable reason: borrowers are now carrying the heaviest debt-servicing load since the late 1980s, even though official interest rates are less than a third of what they were back then. The Reserve Bank of Australia (RBA) has lifted the official cash rate to 4.60 per cent — its…

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Japan’s Great Cash Shift: Why Households Are Fleeing Savings for Stocks
📅 20 hours ago

Japan’s Great Cash Shift: Why Households Are Fleeing Savings for Stocks

The Numbers Behind the Great Cash Shift The headline figure from the Bank of Japan is striking. The cash-and-deposits share of Japanese household finances has fallen to 44.6%, a record low, down from 53.7% at the end of 2022 — a 9.1-point slide in just three and a half years. Meanwhile the equity share has…

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SPCX Stock Surges After SpaceX Q3 Earnings Beat
📅 2 days ago

SPCX Stock Surges After SpaceX Q3 Earnings Beat

SPCX stock closed Tuesday’s regular session lower, then jumped in after-hours trading after SpaceX delivered a blockbuster third-quarter report. The company posted revenue of $14.58 billion — up 161% year over year and well ahead of the roughly $12.72 billion Wall Street expected — along with its first solidly profitable quarter since going public earlier…

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teppay Mobile Suica: JR East Launches Code Payments Beyond the ¥20,000 Limit
📅 2 days ago

teppay Mobile Suica: JR East Launches Code Payments Beyond the ¥20,000 Limit

Japan’s best-known transit card just grew up. On 20 October 2026 at 11:00 JST, East Japan Railway (JR East) launched teppay Mobile Suica, a code-payment service built directly into the Mobile Suica app that finally removes the ¥20,000 balance ceiling that has defined Suica since its earliest days. With over 1.7 million stores accepting the…

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H3 Rocket Launch: Why Japan’s MMX Mission Has Everyone Searching
📅 3 days ago

H3 Rocket Launch: Why Japan’s MMX Mission Has Everyone Searching

One phrase is surging on Japanese Google Trends today: h3 ロケット打ち上げ, the H3 rocket launch. Search volume has hit 10K+, up 800%, and the reason is sitting on a launch pad in Kagoshima. The H3 rocket launch scheduled for the early hours of 20 October is carrying JAXA’s MMX probe toward Mars’s moon Phobos —…

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JGB Yields Today: Why ‘Bonds’ Is Trending in Hong Kong
📅 3 days ago

JGB Yields Today: Why ‘Bonds’ Is Trending in Hong Kong

JGB yields are sliding as AI anxiety pushes investors into bonds. We unpack today’s Japanese government bond market moves and what Hong Kong investors should watch.

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China’s Q3 GDP Growth Accelerates to 4.5% as Export Boom Offsets Property Slump
📅 4 days ago

China’s Q3 GDP Growth Accelerates to 4.5% as Export Boom Offsets Property Slump

China GDP growth quickened in the third quarter of 2026, accelerating to 4.5% year over year as a record-breaking export surge more than offset a deepening property slump and sluggish domestic consumption. The print beat the 4.4% pace economists had pencilled in and marked a clear rebound from the 4.3% reading in the second quarter…

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US Budget Deficit Hits $2 Trillion in 2026
📅 5 days ago

US Budget Deficit Hits $2 Trillion in 2026

The US budget deficit widened sharply in the fiscal year ended in September 2026, rising 12% to $1,992 billion — nearly $2 trillion — as refunded tariff revenue and surging interest payments on the national debt overwhelmed record federal revenues. The figures, published by the US Treasury on October 16, leave the deficit at about…

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Stock Market Today: Chip Stocks Plunge on AI Funding Worries
📅 7 days ago

Stock Market Today: Chip Stocks Plunge on AI Funding Worries

The stock market today is firmly in the red as a global rout in chip stocks deepens. Nvidia, AMD and Dell are leading the declines, with selling spreading from the United States across Asia as investors question whether the money behind the artificial-intelligence buildout will keep flowing. It is the kind of session that reminds…

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