Japan’s 10-year bond yields at highest since global financial crisis

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Yields on 10-year Japanese government bonds have jumped to a 17-year high, as investors placed a “Takaichi trade” bet that the new administration will unveil a much larger fiscal spending package than originally expected.Yields on the benchmark 10-year bonds, which move inversely…

Flex raises $60m to expand AI-driven finance platform

By Vriti Gothi Today AI America Digital Banking Flex has secured $60 million in Series B equity financing, led by Portage. The raise brings its total equity capital to $105 million as the company scales its AI-based operating system designed for mid-market business owners. The funding follows a year of significant expansion across product lines and revenue performance. According to…

Malaysia’s Axis Reit buys Penang site for RM800 million, largest industrial property deal in 2025

This deal alone nearly matches the total value of industrial property transactions in Penang in the first half of 2025 Marking the largest industrial property transaction in Malaysia this year, Axis Reit acquired about 55 hectares of industrial land on the Penang mainland from steel product manufacturer Ann Joo Steel for RM800 million (S$250 million).Located in Seberang Perai Tengah, the…

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What to Watch

Today’s Mortgage Rates Continue to Rise: July 24, 2026

Today's average interest rate on a 30-year purchase mortgage is 6.891%, a slight increase from yesterday's 6.817%, according to Zillow data provided to U.S. News. For refinancing mortgages, today's 30-year rate is…

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