Wednesday, 26 August 2026 · World
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EUROS The World Financial Report
Nº 46 Wednesday, 26 August 2026 · World Edition
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Every story from the world's financial newsrooms, newest first.

Asia

Bernstein cuts PFC, REC target prices as bank competition weighs on loan growth

Bernstein has retained an Outperform rating on Power Finance Corporation (PFC) and REC but cut its target prices and loan-growth e…

Front Page

Stablecoin card spending forecast to hit $50 billion a year by 2028 - RedotPay

Asia

Micron Under Pressure: Is the AI Memory Boom Losing Momentum?

Micron shares slid 7% amid a broader semiconductor selloff, crowded memory-chip trades and concerns over the durability of the AI …

Europe

Spanish workers spend equivalent of 231 days paying taxes, study says

Tax Freedom Day fell on 20 August, according to Fundación Civismo. The think tank says the average worker’s tax burden has increas…

Asia

IFL Finance shares drop 8% as IIFL Home Finance gets Rs 963 crore tax demand

IIFL Finance shares fell sharply on Tuesday after subsidiary IIFL Home Finance received a Rs 963.39 crore income tax demand coveri…

Asia

Jackson Hole 2026: When and what are investors expecting from Fed Chair Kevin Warsh?

The Federal Reserve’s Jackson Hole symposium, scheduled for August 27-29, will draw close attention as Chair Kevin Warsh makes his…

Front Page

Four firms control more than half of the world's seed supply. Italian farmers are fighting back and returning to the bartering system

Bayer, Corteva, Syngenta, and BASF dominate the global seed market. Growers in Italy are saving and trading seeds outside that sys…

Front Page

Jamie Dimon and his wife, Judith, donate $12 million to 12 HBCUs—betting they're the 'springboard to success' for the next generation

The James and Judith K. Dimon Foundation's gift to 12 UNCF schools comes as HBCUs brace for a federal pullback.

Asia

How full equity buyouts could help China’s cooling bubble tea sector turn a new leaf

Fuelled by the recent bubble tea boom and an intensely competitive market, financial investors have shown growing interest in the …

Front Page

Lego posts record first-half revenue, CEO touts strong sales at high-end and value pricing

Lego CEO Niels Christiansen told CNBC the company is seeing strong sales at both ends of the pricing spectrum.

Markets

3 Contrarian Trades for a Market That Looks Too Hot

TradeSmith's Jeff Clark favors call options over shares on TLT, UNG and SMH to limit risk, citing Treasury bonds, natural gas and …

Front Page

Harvard’s $699 startup bootcamp has professors who never sleep–but that’s because they’re AI clones

Founders can rehearse pitches, sales calls and board meetings repeatedly with avatars modeled on seven HBS faculty members

Front Page

What Anthropic’s Dario Amodei can learn from the airline industry’s painful lesson about marketing and the concept of safety

The airline industry discovered that stating a fear about yourself is worse than saying nothing, because the word does the same wo…

Economy

US Treasury’s Scott Bessent ‘making mistake’ interfering with bond markets, former mentor warns

Trump ally should cut budget deficit rather than try to suppress bond yields, says billionaire Stanley Druckenmiller Scott Bessent…

Asia

India bonds flat as oil prices shrug off US curbs on Iran

Indian government bonds experienced little movement early Tuesday, stabilizing after a recent decline. Oil prices reacted unfazed …

Front Page

Gold hits highest level in three months as traders worry about US inflation and bond market jitters – business live

Spot gold touches almost $4,700 an ounce and Bitcoin tops $80,000 while oil prices fall despite threat of heavy US sanctions on Ir…

Asia

Shein's up to US$1.8 billion Hong Kong IPO order book covered, sources say

Emerging Markets

MTN Is Growing Fast in Nigeria and Ghana, and Barely at All at Home

Africa’s largest mobile operator lifted adjusted earnings 21.3% and moved US$330.5 billion through its fintech arm. Its Sout…

Crypto

Bitcoin holds above $80,000 backed by ETF flows; bull market case ‘early but optimistic,’ analyst says

Analysts say it's still too early to tell if this will translate into a bull market, given sticky inflation and geopolitical uncer…

Emerging Markets

Brazil’s Financial Morning Call for Tuesday, August 25, 2026

Copom Bets and Sabesp Spotlight Set B3 Open: pre-market setup for the Ibovespa and USD/BRL, today's FGV data, and the Selic wager.…

Emerging Markets

Oil Falls on Hormuz Freight Risk; Petrobras Slides

USO eased 1.8% as Iran blacklisted 45 tankers and Houthis hit a Saudi ship in the Red Sea. Petrobras fell 2.87%; Guyana, Mexico an…

Asia

Intel stock falls: Why is INTC sliding after $20 billion share sale?

Intel shares face pressure after a $20 billion equity raise, with dilution concerns, weaker semiconductor sentiment and heavy capi…

Crypto

Franklin Templeton partners with HashKey to offer tokenized money market fund in Asia

HashKey said it has launched the Franklin OnChain US Government Liquidity Fund on the platform's Earn channel.

Front Page

New Sinopec boss presses reset for world's biggest oil refiner

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