Business
The latest business news and analysis from JournalArta Global.
Singapore Bank Shares Fall as UOB Drops 5.16% on Thursday
UOB shares fell 5.16 per cent on Thursday as a sell-off in Singapore bank stocks extended for a second day. OCBC and DBS also declined, amid profit-taking, rising bond yields and concerns about banks’ funding costs. Analysts are divided on valuations and the outlook for earnings, while investors weigh whether recent record highs left room for further gains.
Brent Crude Rises to $108.33, Putting Pressure on Fuel Prices
Brent crude reached $108.33 per barrel by 7 a.m. Eastern Time, up $3.59 from the previous morning and about $42 from a year earlier, according to Fortune. Higher crude costs can feed through to gasoline prices, while declines often reach the pump more slowly.
Fed Minutes Show Officials See More Work Ahead to Bring Inflation Down
Inflation remains above the Federal Reserve’s 2% goal, keeping the prospect of higher borrowing costs in play. Minutes from the September policy meeting show...
Dow futures drop 400 as oil, Treasury yields climb
U.S. stock futures fell as rising Treasury yields and higher oil prices renewed inflation concerns. Dow futures dropped 510 points, while Brent crude rose 5.1% to $105.33 per barrel. Investors also weighed Federal Reserve Governor Christopher Waller’s warning that more rate hikes may be needed and looked ahead to earnings and weekly jobless claims data.
Stock futures inch lower as Treasury yields stay elevated
U.S. stock futures edged lower after Treasury yields climbed to levels last seen more than two decades ago, weighing on bank and technology shares. The Dow, S&P 500 and Nasdaq all closed down Wednesday, while demand at a Treasury auction helped yields retreat from their session highs. Federal Reserve minutes also showed most officials expected another rate increase by year-end.
Stock futures move lower as Treasury yields climb
U.S. stock futures fell early Thursday after the S&P 500 pulled back from a record and Treasury yields rose to multidecade highs. European and Asian markets also declined. Investors are watching the Treasury’s planned bond sale, PepsiCo’s results and weekly jobless claims, while the coming earnings season offers a potential test of whether company profits can support equities despite higher borrowing costs.
U.S. Stocks Fall as 30-Year Treasury Yield Hits 5.66%
U.S. stocks declined Wednesday as global bond yields rose and investors reviewed minutes from the Federal Reserve’s September meeting. The Dow fell 0.6%, while the S&P 500 and Nasdaq each slipped 0.2% from record highs. The 30-year Treasury yield reached its highest level since 2002 before retreating, and the Fed minutes pointed to another rate increase before year-end, without setting a timetable.
Stock Market News Oct: Treasury Yields Ease After Auction
U.S. stocks ended lower after Treasury yields climbed to multi-year highs, reviving concerns over inflation, government debt and interest rates. Yields later retreated following a $39 billion auction of 10-year notes. Investors also assessed Federal Reserve minutes, oil prices and signs of strong demand for AI memory chips as third-quarter earnings season approaches.
Dow falls 500 points? Treasury yields pressure stocks
U.S. stocks closed lower as Treasury yields climbed to levels not seen in more than two decades. The Dow Jones Industrial Average fell 341.41 points, while the 10-year yield reached 5.365% before easing after a Treasury auction. Bank and technology shares also declined as investors weighed borrowing costs and the Federal Reserve’s rate outlook.
U.S. Stocks Edge Ahead of International Shares as AI Rally Builds
U.S. stocks have moved ahead of international shares after a stretch of overseas outperformance. The Vanguard Total Stock Market ETF is up 14.6% year to date, compared with 13.2% for the Vanguard Total International Stock ETF. The shift follows a strong 2025 for international equities, while gains in major U.S. technology companies and AI infrastructure stocks have helped lift the domestic market.
Stock market dow falls as Treasury yields climb
U.S. stocks retreated from record highs on Wednesday as rising bond yields weighed on equities and investors reviewed minutes from the Federal Reserve’s September meeting. The Dow Jones Industrial Average fell 0.6%, while the S&P 500 and Nasdaq Composite each lost 0.2%. The 30-year Treasury yield briefly reached its highest level since 2002 before closing at 5.66%.
Bitcoin Falls Below $83,000 as Treasury Yields and Dollar Rise
Bitcoin fell below US$83,000 as rising US Treasury yields, stronger oil prices and a firmer US dollar weighed on risk assets. The latest decline also triggered forced selling in leveraged crypto positions, with about US$394 million reportedly liquidated within one hour. Traders are watching whether Bitcoin can recover the US$83,000 level after failing to break through resistance around US$86,500-US$87,000.
OCBC Falls 5.9% as Citi Downgrade Splits Analysts on Outlook
Singapore’s three major banks ended lower on Wednesday, with OCBC falling 5.9 per cent after Citi downgraded the stock to sell. The decline erased more than S$8 billion from OCBC’s market capitalisation. Analysts disagreed on the bank’s prospects: RHB kept an overweight rating, while UOB Kay Hian still named OCBC its preferred buy.
Broadcom AI Growth Faces Customer Concentration Risk As Revenue Rises 221%
Broadcom’s AI semiconductor revenue rose 221% to $16.7 billion in its latest reported quarter, while its five largest end customers accounted for 55% of revenue. The figures sharpen the investment choice between Broadcom’s custom-chip growth and Nvidia’s broader GPU platform, as investors weigh cash generation, customer concentration and the economics of AI infrastructure.
Rising Bond Volatility Diverges From Calm U.S. Stock Market VIX
U.S. Treasury volatility has climbed while the VIX and bitcoin’s implied volatility remain near year-to-date lows. The gap is drawing attention from market observers who say bond-market turbulence can spread to other assets with a delay. The MOVE Index rose 46% in June and is near its March high, as corporate bond volatility also increased, according to Cboe and CoinDesk.
Elon Musk Is a Trillionaire Again as SpaceX Shares Rally
Elon Musk’s net worth rose above $1 trillion after SpaceX shares jumped nearly 8% on Monday, according to Forbes’ real-time billionaires list. The stock has recovered from its August low and returned above its IPO price. Yet options pricing points to a more measured path toward new highs than during SpaceX’s first surge after going public.
US Mortgage Rates Rise, Increasing Borrowing Costs for Homebuyers
Current mortgage rates in Fortune’s latest Mortgage Research Center data show the average 30-year fixed conforming loan at 7.542%. The 15-year average reached 6.737%, while jumbo, FHA and VA rates also rose from the previous report. A $300,000 loan illustration shows how the higher rates translate into lifetime interest costs, though individual offers vary.
Sainsbury’s and Morrisons Merger Talks Explored, Reports Say
Sainsbury’s and Morrisons held exploratory merger talks this year, according to reports cited by The Guardian. The deal could have combined the retailers’ market shares to 23.6%, still below Tesco’s 27.8%. The companies are no longer in active discussions, while competition concerns and Morrisons’ debt would loom over any renewed approach.
Oil Prices Top $103 As Traders Watch Middle East Tensions
Oil prices today 2026 climbed to $103.37 a barrel as war fears, supply concerns and a fresh U.S. military deployment kept traders on edge. The move matters beyond crude, with gasoline costs, refinery margins and even natural gas demand tied to the next swing.
BTC USD in Focus as Japan Data Tests French Bond Spillover
Japan’s October trading data could show whether a French bond selloff spread through global markets. Bitcoin and ether fell as much as 20% in the 2024 yen shock, raising stakes for btc usd traders.
Australia’s housing slide deepens as prices fall for sixth straight month, stoking recession worries
Australia’s property market is sliding faster than many expected. House prices fell for a sixth straight month in September, and analysts are warning the dow...
Rupiah Slips to 17,602 per Dollar as Fed, Mideast Weigh
kurs usd hari ini showed the rupiah sliding to 17,600 per US dollar on Friday, May 15, 2026, with Google data later showing 17,602 on Saturday morning. Traders are watching Fed leadership changes, Middle East tensions, and possible Bank Indonesia intervention.
Former NCA officer ordered to repay £1.8m over stolen Bitcoin
BRISTOL — A former National Crime Agency officer must repay £1.8m after stealing Bitcoin he had helped secure during a criminal investigation. Paul Chowles, 44,
Bank Indonesia Shifts Rupiah Defense As Dollar Nears 18,000
Bank Indonesia is leaning harder on hedging and liquidity tools as dollar ke rupiah comes under pressure near 18,000, with the dollar firm and oil prices rising.