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BIST 100 index terminal chart showing a steep daily drop on a trading floor screen.

Turkey's Fund Liquidation Crisis Drags 400K Retail Investors Into BIST 100 Freeze

Turkey's regulatory push on concentrated fund positions backfired into one of its worst capital-markets dislocations in years. On Sept 16, SPK tightened single-stock and daily weight caps. Within 24 hours, ~₺550bn ($11bn) in redemptions poured out. The BIST 100 fell 5.54% on Sept 17, and

S&P Global launches Vault Risk Assessment for the roughly $10 billion crypto lending vault market

S&P Global launches Vault Risk Assessment for the roughly $10 billion crypto lending vault market

S&P Global Ratings on October 5 introduced a Vault Risk Assessment (VRA) framework for blockchain-based lending vaults, a segment whose deposits grew from $1.5 billion in September 2024 to roughly $10 billion in September 2026, per S&P's figures. The tool scores six

Riverbend Maximum Security Institution prison exterior in Nashville, Tennessee

Tennessee prisons chief resigns after botched execution

Tennessee Commissioner of Correction Frank Strada resigned Oct. 3 — a day after the state's attempt to execute Christa Pike failed when two doses of pentobarbital left her alive but critical. Gov. Bill Lee has ordered an independent review and halted further executions. It's Tennessee's

BT-branded sign outside a UK telecom office

BT buys TalkTalk out of administration under fast-tracked review

BT acquired TalkTalk and PlatformX out of administration for about £400m, protecting 2.5 million UK broadband customers who otherwise risked losing phone and internet service. The deal was debt-free, with BT's Openreach also writing off ~£100m TalkTalk owed it. The UK government fast-tracked a public

GST Council meeting documentation and reform agenda on a table

GST Council's 57th meeting rescheduled to Oct 7; arrest-power reform still on the table

India's 57th GST Council meeting now lands Oct 7 after a BRICS-related reschedule, with arrest-power reform still on the agenda. The proposal would restrict criminal detention to major fraud and deliberate evasion, letting officers handle most disputes administratively. Also up: wider input tax credit, refunds on