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Yen Rallies After Takaichi Win as Markets Eye U.S. Data

The yen extended gains as the dollar weakened following Prime Minister Sanae Takaichi’s election victory, while markets awaited key U.S. economic data due Wednesday. Japan’s currency snapped a six-day slide after nearing

10/02/2026

Finance

Gold Slips as Risk Appetite Rises, U.S. Data in Focus

Gold prices edged lower as improving risk appetite lifted global equities, reducing demand for safe havens ahead of key U.S. economic data. Spot gold fell 0.2% to $5,055.29 an ounce, retreating from

10/02/2026

Economy

SoftBank’s OpenAI Bet Boosts Profits, Raises Funding Questions

SoftBank is set to post a strong quarterly gain from its OpenAI stake, as investors assess how it will finance an expanding artificial intelligence push. Despite OpenAI’s multi-billion-dollar deals, persistent losses have

10/02/2026

AI

WhatsApp Revives Appeal Against €225 Million EU Privacy Fine

WhatsApp’s challenge to a €225 million EU privacy fine was sent back to a lower tribunal, extending a five-year legal battle with regulators. The dispute stems from an order requiring Ireland’s Data

10/02/2026

Finance

Sterling Slides as Starmer Crisis and Rate-Cut Bets Deepen

Sterling weakened on Monday as political turmoil around Prime Minister Keir Starmer and rising rate-cut expectations pressured the currency. The pound slid against the euro and edged lower versus the dollar, with

09/02/2026

Economy

Novo Nordisk Sues Hims & Hers in Patent Infringement Dispute

Novo Nordisk said on Monday it has filed a lawsuit against U.S. telehealth firm Hims & Hers over alleged patent infringement. The Danish drugmaker claims Hims has infringed its patents by selling

09/02/2026

Finance

Apollo Nears $3.4bn Deal to Fund Nvidia Chips for Musk’s xAI

Apollo Global Management is nearing a $3.4 billion financing deal to support artificial intelligence infrastructure, according to a report by The Information. The arrangement highlights growing demand for high-performance AI hardware, as

09/02/2026

Technology

Oil Steady as Iran Tensions Ease, India Slows Russian Crude Buying

Oil prices were largely stable on Monday as the U.S. and Iran agreed to continue indirect talks, easing immediate fears of supply disruptions. Brent crude edged up 0.1% to $68.11 a barrel,

09/02/2026

Economy

South Korea Calls for Tighter Crypto Rules After $40B Bithumb Error

South Korea’s financial watchdog said a $40 billion bitcoin giveaway by local exchange Bithumb exposed serious weaknesses in cryptocurrency systems and regulation. The exchange said it accidentally distributed bitcoin as promotional rewards,

09/02/2026

Crypto

Software Stocks Slide Sparks Fears AI Is Disrupting Market Order

U.S. software stocks tumbled last week, reviving concerns that the AI boom is reshaping markets and undermining long-standing technology business models. The global selloff followed fears that rapidly advancing AI tools could

09/02/2026

AI