FinNotes

10 matches across 1 sections

Market news & articles

Companies & Earnings · a day ago

UK regulator investigates Ryanair family seating fee on child bookings

Britain’s Competition and Markets Authority has opened an investigation into whether Ryanair’s mandatory family seat charge, usually about GBP8 each way, may breach consumer law. The review covers whether the fee effectively charges parents for seating linked to child-safety and disability obligations and how the charge is presented during booking.

Central Banks & Policy · a day ago

Ethiopia Sets Record 2.34 Trillion Birr Budget, With Deficit Seen at 1.4% of GDP

Ethiopia approved a draft federal budget of 2.34 trillion birr for the next fiscal year, about 21% higher than the previous year, with spending directed to regular and capital outlays and transfers to regional governments. Authorities expect a budget deficit of 1.4% of GDP, while debt restructuring talks, including with Eurobond holders, continue.

Economy · 2 days ago

Macron to host Thursday video talks with G7, China and IMF on global economic imbalances

French President Emmanuel Macron is set to chair a Thursday video conference on global economic imbalances involving G7 members, China and the International Monetary Fund. Other countries invited to the G7 summit, including Brazil, South Korea, India, Kenya and Egypt, are also expected to take part.

Geopolitics & Trade · 3 days ago

ICC chief prosecutor Karim Khan sidelined as member states weigh misconduct case

International Criminal Court chief prosecutor Karim Khan has been suspended after the court’s governing body referred him for disciplinary proceedings following an investigation into allegations of sexual harassment or misconduct involving an aide. Khan has denied wrongdoing. The Assembly of States Parties is set to hold a special session and vote on whether he can remain in office.

Geopolitics & Trade · 3 days ago

Airbus looks to form Germany-backed partnership after France-Germany fighter program is shelved

Germany and France have agreed to end their joint next-generation fighter program, which paired a core aircraft with drones and a classified combat-cloud network after months of uncertainty. Berlin and Paris are now focusing on a combat cloud linking aircraft, drones and sensors and may pursue separate national designs, prompting Airbus to seek new partners.

Markets · 3 days ago

South Korea’s Kospi rebounds over 8% as memory-chip stocks recover after AI-led tech rout

South Korea’s Kospi rose 8.2% to 8,096.93, reversing most of the prior session’s losses. The benchmark had fallen 8.3% to 7,484.41 in its largest one-day drop since March 4. The rebound was led by memory-chip shares, including major domestic semiconductor companies, after a tech selloff tied to AI-related trading.

Central Banks & Policy · 3 days ago

Federal judge voids Trump administration’s $100,000 fee for new H-1B visas

A U.S. District Court judge in Massachusetts vacated a $100,000 fee for new H-1B visa petitions set by a September 2025 proclamation. The ruling said the payment functioned as a tax without congressional authorization and cannot be enforced. The court granted summary judgment in a lawsuit brought by New York’s attorney general and other states.

Geopolitics & Trade · 3 days ago

Pentagon updates China military-linked firms list, reinstating Alibaba, Baidu and BYD

The U.S. Defense Department on Monday published an updated list of companies it identifies as Chinese military companies, including Alibaba, Baidu and BYD. The update replaces an earlier list from early 2025. Placement on the list can restrict access to U.S. defense contracts and related procurement activities.

Central Banks & Policy · 4 days ago

Indonesia Considers Exemptions to New Single-Gate Export Rules for Commodity Traders

Indonesia is considering exemptions for commodity traders under planned single-gate export regulations covering coal, palm oil and ferroalloys. The palm oil products cited include crude palm oil, refined bleached deodorized palm oil, and refined bleached deodorized palm olein. Officials and lawmakers have discussed clarifying the framework for market participants and investors.

Finance & Banking · 5 days ago

Philippine anti-graft court dismisses remaining asset claims in long-running Marcos forfeiture case

The Sandiganbayan, the Philippines’ anti-graft court, dismissed the remaining asset claims in a civil forfeiture case involving the heirs of former president Ferdinand Marcos, ending litigation that had lasted more than 30 years. Media reports said the government previously secured partial summary judgments ordering forfeiture of $658 million in Swiss deposits.