Some say that history may not repeat itself, but it often rhymes. Single-stock product launches have exploded in the ETF ecosystem, but South Korea’s recent efforts to curb excessive speculation in these funds are producing historical echoes of the Panic of 1873....

Japan’s Topix stock index is poised for its biggest overhaul, with more than 600 companies — over a third of its constituents — likely to be gradually removed under new eligibility rules, according to analysts’ estimates. Companies whose free-float market...

A German airport used to ship Ukraine military equipment resumed flights after discovering an explosive-laden drone, prompting warnings of new threats targeting Europe. Germany’s Leipzig-Halle airport, a major hub for transporting cargo and arms, diverted several...

Germany’s Leipzig-Halle airport, a major hub for transporting cargo and military equipment, temporarily suspended flights after an armed drone was found overnight and a cargo plane collided in midair with a small, unidentified object. Several aircraft, including a...

The yen’s rally stalled Tuesday even as US Treasury Secretary Scott Bessent pledged continued support for Japan following a historic joint intervention. The yen ended the New York trading session weaker by 0.4% against the dollar, snapping the Japanese currency’s best...

Jefferies Financial Group Inc. has been told that some of the invoices underpinning its financing to an iron ore trader called Sapphire Minmetals Corp. are not genuine, according to people familiar with the matter. The discovery, which came after Jefferies checked the...

The Federal Communications Commission is drafting a ban on imports of some Chinese data center components to protect US data center infrastructure, Reuters reported. The proposed ban aims to prevent Chinese firms from installing malware or stealing data from the data...

Treasury Secretary Scott Bessent said the weakness of the yen has contributed to Japan’s inflation problem and raised the risk of broader depreciation of Asian currencies as he reiterated US support for efforts to stabilize the situation. “It’s just the level of the...

Refineries outside of conflict zones are running at full tilt across the world and there are few shock absorbers left in the system to protect against higher fuel prices, the world’s biggest oil company Saudi Aramco said. A combination of war in the Middle East and...

Japan has alternative tools to defend the yen without liquidating its more than $1.1 trillion US Treasury portfolio, according to Citigroup Inc. Authorities can draw on the Federal Reserve’s Foreign and International Monetary Authorities Repo Facility, Citi...

Treasuries are starting the week on an optimistic note, buoyed by tumbling oil prices and assurances that tens of billions of dollars in Japanese currency interventions won’t be funded from sales of US government debt. The rise on Monday pushed the yields on 10-year...

Robinhood Markets Inc. kicked off formal marketing of its second publicly traded closed-end fund, which will focus on investing in private companies that have participated in startup accelerator Y Combinator’s programs. Robinhood Ventures Fund II is offering 7.6...

Treasury Secretary Scott Bessent’s championing of a Federal Reserve facility Japan can use to boost the yen comes with the benefit of protecting the US bond market from excess sales. The Foreign and International Monetary Authorities Repo Facility enables overseas...