Apple Defies Market Slowdown as iPhone 17 Series Lifts Q3 Shipments in China Beijing, October 15, 2025 — Apple Inc. (AAPL.O) achieved a modest but significant gain in China’s smartphone market during the third quarter of 2025, as strong demand for the newly launched iPhone 17 series helped the tech giant buck the country’s broader…

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Rachel Reeves Confirms “Tough Choices” on Tax and Spending in Upcoming Budget London, October 15, 2025 — UK Chancellor Rachel Reeves has confirmed she is considering both tax increases and spending cuts in her upcoming November 26 budget, signaling a tough balancing act as the Labour government confronts rising borrowing costs and slowing growth. In…

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Italy’s Commitment to Gold Delivers a Major Windfall Rome, October 15, 2025 — Italy’s steadfast decision to hold onto its gold reserves despite economic turmoil and debt crises has paid off handsomely, as record-high gold prices have boosted the value of the Bank of Italy’s bullion holdings to an estimated $300 billion. With 2,452 metric…

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Madrid, October 15, 2025 — Spain’s European Union-harmonised inflation rate climbed to 3% in September, up from 2.7% in August, according to final data released on Wednesday by the country’s National Statistics Institute (INE). The figure matches the earlier flash estimate published two weeks ago and aligns with forecasts from analysts polled by Reuters, confirming…

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Madrid, October 15, 2025 — Spanish banking giant Banco Santander (SAN.MC) has announced a major restructuring move, integrating its digital lender Openbank and Santander Consumer Finance (SCF) into a single unified entity. The consolidation aims to strengthen Santander’s position in European consumer banking while enhancing efficiency through a unified digital-first model. According to the statement…

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Japanese e-commerce and financial services giant Rakuten is reportedly exploring an initial public offering (IPO) in the United States for its credit card business, according to sources familiar with the matter. The potential U.S. listing could mark a significant step for one of Japan’s largest credit card providers, signaling Rakuten’s ambitions to expand its financial…

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The U.S. government shutdown of 2025 is sending ripples far beyond American borders, leaving policymakers in Japan, the United Kingdom, and other nations grappling with the absence of vital economic data from the world’s largest economy. The sudden pause in official data releases could cloud international decision-making on currencies, trade, and inflation, illustrating that what…

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BENGALURU, India – Canara HSBC Life Insurance Company’s initial public offering (IPO), valued at $283 million, was fully subscribed on the third and final day of bidding on Tuesday, driven primarily by strong demand from institutional investors. The insurer, a joint venture between India’s Canara Bank and HSBC Insurance (Asia-Pacific) Holdings, attracted bids worth 18.97…

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BlackRock (NYSE: BLK), the world’s largest asset manager, reported a record $13.46 trillion in assets under management (AUM) for the third quarter, driven by a combination of global market rallies, strategic acquisitions, and strong inflows into its flagship exchange-traded funds (ETFs). The results underscore BlackRock’s dominance in the asset management industry and its ability to…

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