A Russian frigate fired a warning shot at a British-flagged yacht in the English Channel after a close-range encounter, the UK Coastguard said. The vessel, Admiral Grigorovich, part of Russia's Black Sea Fleet, has been operating near UK waters for weeks and was previously observed escorting shadow-fleet tankers and loitering near an offshore wind farm off Suffolk. Two Royal Navy River-class patrol vessels had been tracking the frigate in the Channel prior to the incident. The episode follows Pr

Saxo Bank chief investment strategist Charu Chanana said the Bank of Japan delivered an expected rate hike, but its stance is not forceful enough to drive a sustained yen rally. The BOJ is focused on inflation—core inflation remains persistently above the 2% target—but policy adjustments are slow and it continues to signal loose financial conditions, leaving USD/JPY around 160 vulnerable. The hike gives the yen marginal support but does not close the large US–Japan yield gap, particularly if the Fed remains cautious. A 7–1 vote weakens the hawkish signal, reflecting BOJ concern about tightening’s impact on growth and employment. The move offers mild support to Japanese equities without threatening liquidity or corporate profits. Intervention risk remains if USD/JPY holds above 160; a softer dollar ahead of the Fed decision would give Japanese authorities a better window to act.

Venezuela signed a cooperation agreement with General Electric's Venezuelan unit, state TV reported.