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Nigeria Bank Stocks Dip as Investors Flee Dilution on New Rules
Nigerian banking stocks have lost more than a quarter of their value since the central bank announced a new minimum capital threshold that will force them to issue new shares.
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Yen Traders See Risk of Intervention at Highest Since Late 2022
Traders are preparing for Japanese authorities to step in and prop up the yen, with demand for derivatives that benefit from volatility at the highest since officials last intervened in 2022.
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India Inheritance Tax Dominates Election Debate as Polls Heat Up
India’s election campaigning this week was overtaken by a heated debate around wealth redistribution and an inheritance tax, with Prime Minister Narendra Modi seeking to exploit fears in a country where income inequality is among the highest in the world.
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Confusion as Fallout 4 PS Plus Owners Unable to Download Free Next-Gen Update
Why is it always the case?
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Garry’s Mod Is Removing “All Nintendo Related Stuff From Steam Workshop”
Update: Creator says the takedowns are “legit”
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Activision Boosts Microsoft Q3 Gaming Business, But Actual Xbox Sales Collapse Continues
Microsoft’s gaming division revenue is up big time, but without the newly-acquired Activision-Blizzard things look pretty dire.
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Railroad CEO Isn’t Ruthless Enough for Investors After Toxic Crash
Ancora Holdings is pushing for a new CEO to boost efficiency, but Alan Shaw advocates a balanced approach
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Only Half of Global Rate Hikes Set to Be Taken Back by End-2025
Major advanced economy central banks are likely to take back less than half of the interest-rate hikes they rammed through over the past two years — an outlook reshaped significantly by US outperformance.
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German Who Traded on Perella Insider Tips Jailed for Three Years
A Frankfurt court sentenced a man to three years and three months in prison for making millions of euros trading on inside information he got from a London-based banker at Perella Weinberg Partners LP.
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Sweden Ramps Up Defense Spending Goal to 2.6%, Past NATO Target
Sweden’s military spending is set to rise to 2.6% relative to the size of its economy by 2030, with the newest NATO member planning to surpass the alliance’s common goal.
