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Warren Buffett Steps Down as Berkshire Chairman; Son Howard Takes Over
Warren Buffett steps down as Berkshire Hathaway chairman after 56 years. His son Howard takes over. Buffett, 96, cites age and CEO Greg Abel’s success.
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.
German Diesel Hits Record €2.45 Per Litre as EU Weighs Windfall Tax
German diesel prices hit record €2.45/litre on September 18. SPD demands price cap from oil firms within 14 days or faces government intervention. EU finance ministers discuss windfall tax on energy companies.
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.