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Japan’s Great Cash Shift: Why Households Are Fleeing Savings for Stocks
📅 3 days 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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Chevron Iraq Oil Deal: Inside the West Qurna 2 Takeover
📅 4 days ago

Chevron Iraq Oil Deal: Inside the West Qurna 2 Takeover

The Chevron Iraq oil deal is moving fast. Chevron has secured one year of exclusive negotiation rights to take over operatorship of Iraq’s West Qurna 2 oil field, one of the country’s richest assets, after US sanctions forced Russian major Lukoil out. The field holds roughly 14 billion barrels of reserves, and Baghdad expects the…

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Ampol Refinery Shutdown Extended: Lytton Delay Cuts Christmas Fuel Supply
📅 5 days ago

Ampol Refinery Shutdown Extended: Lytton Delay Cuts Christmas Fuel Supply

The Ampol refinery shutdown has been extended, with the fuel giant delaying the restart of its Lytton refinery in Brisbane after bringing forward maintenance work on its catalytic cracking unit. The delay cuts roughly 150 million litres of gasoline, diesel and jet fuel from fourth-quarter output — raising fears over Australia’s refined-fuel supplies heading into…

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China’s Q3 GDP Growth Accelerates to 4.5% as Export Boom Offsets Property Slump
📅 5 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
📅 7 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
📅 9 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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Amazon Alexa Tablets Launch October 19 in UK at £229 Starting Price
📅 15 days ago

Amazon Alexa Tablets Launch October 19 in UK at £229 Starting Price

Amazon launches premium Alexa tablets in three sizes starting October 19 in UK. Devices feature aluminum design, full Android OS, and Google Play Store access, competing directly with Apple and Samsung tablets.

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70 Million Children Auto-Enrolled in Trump Accounts as Dell Pledges $6.25B
📅 16 days ago

70 Million Children Auto-Enrolled in Trump Accounts as Dell Pledges $6.25B

Treasury auto-enrolls 70 million children in Trump Accounts on October 1. Michael Dell pledges $6.25 billion. Parents must claim accounts to manage them. Critics worry about single-stock concentration risk.

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Swiss Water Crisis Deepens: Lake Zurich Hits Record Low on October 8
📅 16 days ago

Swiss Water Crisis Deepens: Lake Zurich Hits Record Low on October 8

Lake Zurich hits record low levels on October 8, forcing a 40,000-franc emergency relocation of a Meilen jetty. Drought threatens Swiss water infrastructure and regional stability.

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