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Japanese borrowing costs hit 30-year high as Bessent says Tokyo may intervene to boost yen

The yen weakened to 160 per dollar on Tuesday as bond yields came under pressure, as traders eyed the potential for Japan to hike interest rates.

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Lagos shortlet boom puts operators under pressure as supply keeps rising

Shortlet operators in Lagos may face increasing pressure as more properties enter the market, making scale, cost management and marketing important to remaining competitive, according to Temidayo…

  • Lagos shortlet market experiencing rapid growth
  • Property owners and developers entering the space
  • Rising supply could pressure existing operators

European stocks muted as bond selloff continues; Reckitt jumps

European shares were little changed on Tuesday as a renewed bonds selloff weighed on markets, while positive corporate updates limited losses. The pan-European STOXX 600 was up 0.04% at 651.35 points by 0729 GMT. Britain’s FTSE 100 fell 0.4% as trading resumed after Monday’s bank holiday.

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