Finance

Finance · 21 October 2026

RBA Deputy Flags Worsening Inflation, Odds of Fifth Rate Hike Tighten

Vera Chen, Sydney desk

Deputy Governor Andrew Hauser warned that the inflation outlook is worsening, prompting the Reserve Bank of Australia to shorten the odds of a fifth rate rise this year as it balances entrenched inflation risks with prot…

Finance · 21 October 2026

Trump’s Tariff Tumble: Legal Storm Over Canadian Duties

Noor Hale, World desk

Former President Donald Trump faces a lawsuit alleging his administration exceeded its authority by imposing new tariffs on Canada, which the plaintiff says caused immediate harm to American businesses.

Finance · 21 October 2026

France's Financial Crisis: Populists and Bond Traders in a Dance of Panic and Optimism

Helen Pell, Washington desk

In a satirical take on France's financial situation, the country's populist politicians and bond traders find themselves caught in a dance of panic and fragile optimism as they navigate the doom loop.

Finance · 20 October 2026

Jio IPO Targets £81bn Valuation – A New Buzz for the City

Iris Quay, London desk

Mukesh Ambani’s low‑cost broadband arm Jio Platforms is set to float on Wednesday, aiming for an £81bn valuation – the biggest IPO in India’s history and a fresh talking‑point for City investors.

Finance · 20 October 2026

Unemployment Slips to 4.7%, Fueling Talk of BoE Rate Hike

Iris Quay, London desk

The UK's jobless rate fell to 4.7%, bolstering expectations that the Bank of England will raise interest rates at its meeting next month.

Finance · 20 October 2026

ASX Set to Fall as Wall Street AI Stocks Rebound

Vera Chen, Sydney desk

The Australian Securities Exchange is expected to decline even as AI equities on the New York exchange recover from last week’s steep losses, leaving broader markets uneasy.

Finance · 20 October 2026

Robots on the Rise: AI‑Powered Export Surge Lifts China’s Q3 GDP 4.5%

Iris Quay, London desk

China’s third‑quarter GDP grew 4.5% year‑on‑year, driven by a surge in AI‑boosted electronics exports that outpaced domestic consumer spending, according to the latest data.

Finance · 20 October 2026

Hyperlayer Secures Almost £20m Funding – The Digital Wallet That’s Finally Got City Glamor

Iris Quay, London desk

British fintech Hyperlayer, led by a former top executive from Morgan Stanley, has raised almost £20 million in a funding round backed by a syndicate of blue‑chip investors. The capital will be used to broaden its d…

Finance · 19 October 2026

BoE Eyes Barclays After Derivatives Mis‑filed in Private‑Credit Lend‑and‑Borrow

Iris Quay, London desk

The Bank’s regulatory arm, Prudentia, has launched a probe into Barclays after it was found that a number of private‑credit derivatives were incorrectly logged, potentially inflating the bank’s earnings.