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Tehran criticizes Canada for not condemning Trump's threat to destroy Iran
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Global bond sell-off deepens amid fears US economy may be running too hot – business live
Rolling coverage of the latest economic and financial news Japan’s government bond yields have climbed to multi-decade highs today, as the sell-off continues. Bloomberg has the details: The 10-year yield rose 10 basis points to 3.075% on Thursday, its highest since 1996, after the three-day break. The five-and 20-year rates also gained about 10 basis points each to 2.375% and 3.915%, respectively. The main story is still the huge global bond selloff, with yesterday seeing the biggest jump in the 10yr Treasury yield (+15.2bps) since the market turmoil around Liberation Day in April 2025 . The main driver was a strong batch of PMIs, along with a rebound in oil prices, which both led to mounting speculation about faster rate hikes. Indeed, futures this morning are pricing a 71% chance of a Fed rate hike at the next meeting in October . Continue reading...
Judge lifts Trump ban on CNN, MS NOW, Politico from White House
District Judge Tim Kelly said the three outlets should have their access immediately restored from the ban that the president had announced on Sept. 18.
France's fresh budget battle threatens to topple another government
Time is not on the side of French government bonds, strategists have warned, as the nation's deficit balloons.
Novo's new strategy hinges on something it can't manufacture: investor trust
Novo has now reached the point where it can broaden its ambitions again, CEO Mike Doustdar told CNBC, but investors remain unconvinced.
Miami's ultra-luxury housing market booms as cash transactions dominate, high-end brands like Bugatti and Porsche jump in
Miami’s ultra-luxury housing segment is booming even as the broader market cools. UBS sees a declining risk of a bubble.

‘Cash to trash’ levy on house developers too low to offset damage to Norfolk Broads, say critics
Exclusive: Levy that allows almost 16,000 houses to be built on Norfolk Broads will not cover cost of mitigating environmental damage, critics say A new levy on developers to allow almost 16,000 homes to be built in the environmentally protected Norfolk Broads has been cut by tens of thousands of pounds per house, the Guardian can reveal. Ministers say the government’s environmental delivery plans (EDPs) were created to unblock housing growth across the country and are a “win-win” for development and nature. Continue reading...