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The Saudi General Authority of Civil Aviation (GACA) said on the evening of Oct. 5 local time that King Abdulaziz International Airport in Jeddah and Najran International Airport was attacked by Houthi militants, causing three injuries and limited ma

2026-10-06

The Saudi General Authority of Civil Aviation (GACA) said on the evening of Oct. 5 local time that King Abdulaziz International Airport in Jeddah and Najran International Airport was attacked by Houthi militants, causing three injuries and limited material damage. A Houthi spokesman said in a video statement on Oct. 5 the group launched three strikes that day, including at King Khalid International Airport in Riyadh.

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2026-10-06

Semafor reports the New York Fed has begun visiting major banks to review loans to private‑credit firms and assess related exposures. Fed officials have met with JP Morgan, Wells Fargo, Barclays and Morgan Stanley since spring to question overall exp

Semafor reports the New York Fed has begun visiting major banks to review loans to private‑credit firms and assess related exposures. Fed officials have met with JP Morgan, Wells Fargo, Barclays and Morgan Stanley since spring to question overall exposures, risk management and collateral quality. The probe was partly prompted by JP Morgan’s March write‑downs of large positions in its private‑credit portfolio, notably loans to software companies seen as vulnerable to AI. Sources say the Fed has completed reviews at some banks, including JP Morgan.
2026-10-05

The US dollar rose nearly 30 points against the Japanese yen (USD/JPY), currently trading at 158.16.

The US dollar rose nearly 30 points against the Japanese yen (USD/JPY), currently trading at 158.16.
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