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Fars News reports Iran's Islamic Revolutionary Guard Corps Air Force shot down a third US drone over the Strait of Hormuz.

2026-09-15

Fars News reports Iran's Islamic Revolutionary Guard Corps Air Force shot down a third US drone over the Strait of Hormuz.

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2026-09-15

Japan will finalise an outline for a consumption tax cut and household subsidies on Tuesday but did not specify funding sources, a detail that risks sustaining market concern about the country’s strained fiscal position. The cabinet is expected to ap

Japan will finalise an outline for a consumption tax cut and household subsidies on Tuesday but did not specify funding sources, a detail that risks sustaining market concern about the country’s strained fiscal position. The cabinet is expected to approve the outline Tuesday evening. Global fiscal and inflation worries pushed the benchmark 10-year JGB yield above 3% on Tuesday. The measures add to Prime Minister Sanae Takaichi’s ambitious spending agenda, which has already prompted bond selling and drawn criticism from US Treasury Secretary Bessent. Takaichi has pledged to limit new bond issuance in FY2027 to about JPY 40 tln (roughly $259bn), a commitment under scrutiny as planned spending looks set to rise from pandemic-era budget levels.
2026-09-15

US major equity indexes fell; the Dow dropped 1%, with the S&P 500 and Nasdaq also lower.

US major equity indexes fell; the Dow dropped 1%, with the S&P 500 and Nasdaq also lower.
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