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Westpac Profit Slips 1% to $6.8B as RBA Lifts Rates
Westpac profit fell 1% to $6.8 billion in FY26 as costs, bad-loan charges and margins came under pressure. We explain the result, the 250 job cuts and the RBA rate hike to 4.85%.
Roche Share Price Dips After UBS Downgrade to Neutral
UBS cut Roche to Neutral on November 2 but raised its target to CHF 420. We explain why the Roche share price slipped to CHF 397.20, what giredestrant means and what analysts expect next.
Gold Price Today: Rebound From 1-Year Low in Swiss Francs
Gold bounced more than 2% on Monday after its lowest close in about a year. We look at the gold price in Swiss francs, why gold fell, Swiss export data, ETF flows and what UBS, Bank of America, HSBC and Goldman Sachs expect next.
Poland Constitutional Tribunal Standoff: Police, Protests, Coup Claims
Poland Constitutional Tribunal chiefs were suspended as police and protesters gathered in Warsaw. Here is what happened and why investors care.
Fed Interest Rate Decision: Fed Holds at 3.75–4% as Hike Bets Grow
The Fed interest rate decision kept rates at 3.75% to 4% in a 10-2 vote. We explain the December hike odds, the Swiss franc, and how stocks reacted.
UBS Job Cuts Deepen as Q3 Profit Hits $2.7 Billion
UBS job cuts continue: staff fell about 6,800 in a year as Q3 profit hit $2.7B and the Lex UBS capital rules fight heats up.
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…
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…
Zcash Falls 0.6% to $1,326 as Grayscale ETF Records First Weekly Outflows
Zcash drops to $1,326 as Grayscale Zcash Trust sees $93.6M in weekly outflows, signaling institutional pullback from privacy assets.