π° Microfinance organizations (MFOs) have sharply increased the sale of troubled debts to collectors, with sales reaching 43 billion rubles from April to June. This marks a 1.5-fold increase from the previous quarter and a 30% rise compared to last year, the highest in two years. Discounts on these sales have reached 80%, with collectors now paying about 20 kopecks for every ruble of nominal debt, down from 36 kopecks last year. The deterioration in loan quality is evident, with overdue loans exceeding 90 days rising from 29% to 35% over the year. For more details, visit Izvestia.
β οΈπ―π΅ The yield on Japan's 2-year government bonds has reached levels not seen in 31 years, marking a significant shift in the financial landscape. Investors are closely monitoring this development as it may influence broader market trends and economic policies. For more details, visit this link.
π·πΊ In Russia, inspections of businesses affected by attacks have been suspended for one year, announced Deputy Prime Minister Dmitry Grigorenko.
π RUSOLOVA SETS NEW HISTORICAL RECORD: TIN PRODUCTION IN CONCENTRATE FOR THE FIRST NINE MONTHS OF 2026 EXCEEDS 3,000 TONS. This achievement marks a significant milestone for the company, showcasing its commitment to growth and innovation in the industry. For more details, read the full report here.
π US stocks are currently ignoring the rapid rise in bond yields, according to the Wall Street Journal. Despite increasing interest rates, the stock market shows resilience, continuing to attract investors. This trend raises questions about the sustainability of stock prices in the face of higher borrowing costs. For more details, visit WSJ.
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π«π’πΆπ¦ Qatar has extended the force majeure on liquefied natural gas (LNG) supplies to Pakistan until November.
β¬οΈπ·πΊ The European Union Timber Regulation (EUTR) has seen an increase of 18%. This regulation aims to prevent the trade of illegally harvested timber within the EU. The rise highlights ongoing efforts to ensure sustainable forest management and promote legal timber sourcing across member states. For more information, visit the official EU website.
π·πΊ MGKL reports continued positive financial outcomes as the business grows its revenue and remains profitable. Revenue is increasing alongside business expansion. Preliminary estimates for January to August 2026 indicate revenue of 34.3 billion rubles, marking a 2.4-fold year-on-year increase.
β οΈπ·πΊ The market for investment apartments has seen a 27% increase in rental listings compared to last year. However, demand for housing and the purchasing power of tenants remain limited. The average discount in the long-term rental market has risen from 9% to 10.6%, according to a report by Kommersant.
πͺπΊ The European Union plans to join Saudi Arabia's coalition against the Houthis as an observer, according to EU Commission President Ursula von der Leyen. This move comes amid rising geopolitical tensions in the region. The EU aims to support peace efforts and address humanitarian needs in Yemen while monitoring the situation closely. Further details will be revealed as discussions progress.
π Tokenized shares of Apple, Nvidia, and Tesla are now available as collateral on the Aave blockchain.
π·πΊ Selectel, an IT infrastructure provider, plans to issue two bond tranches totaling 5 billion rubles. The first tranche will be a floating rate bond, with the coupon rate set as the Central Bank rate plus a premium of up to 2.25%. The second tranche will feature a fixed coupon rate capped at 16.75% annually. A 40% amortization of the nominal value is scheduled for two years, with the remaining 60% due in 3.5 years. The book-building process will commence on October 6, with proceeds aimed at funding an investment program.
β οΈ Iran's Foreign Minister announced there are no plans for new negotiations with the US in New York, according to IRNA. He reiterated that the US must fulfill the conditions of the memorandum to open the Strait of Hormuz. Meanwhile, Axios, citing "Trump," reported that indirect US-Iran talks will take place today.