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• Asian stock markets rose on Tuesday following a rally in U.S. technology stocks and a drop in oil prices. • South Korea's tech-heavy KOSPI index surged 2%, while Japan's Nikkei rose 0.9% and the broader Asia-Pacific index outside Japan climbed 0.55%. • These gains reflect investor optimism in the tech sector and a reaction to fluctuating currency values ahead of the Bank of Japan meeting.

• Gillian Mackay introduced motion S7M-01178 for a parliamentary debate on September 16, 2026, regarding boycotts, divestment, and sanctions in the Middle East. • The motion cites that more than 20,000 children have been killed and 45,000 injured in Gaza since October 7, 2023. • The debate focuses on securing an immediate ceasefire, unrestricted humanitarian aid, and a two-state solution to ensure security for Palestinians and Israelis.

• The Federal Reserve began its September policy meeting on Tuesday to decide whether to raise interest rates on Wednesday. • Investors estimate a 93% probability that the central bank will increase rates by 25 basis points to a new range of 3.75%-4%. • A rate hike would be the first in over three years and responds to solid economic growth and inflation that has not yet returned to the 2% goal.

• Traders are pricing in a 93% chance of a Federal Reserve interest rate hike ahead of this week's meeting following a bond sell-off and persistent August inflation. • Market participants believe the Fed rarely deviates from rate decisions when conviction is this high, meaning a surprise hold could trigger a sharp rally in short-term bonds. • A decision to hold rates steady risks faster yield increases and could damage the Federal Reserve's credibility in its efforts to fight inflation.

• The US Federal Reserve is scheduled to announce its interest rate decision at 11:30 PM IST today, September 16. • Fed Chair Kevin Warsh will hold a press conference to discuss the decision at 12:00 AM IST on September 17. • The outcome of this meeting directly impacts borrowing costs and investment strategies for global financial markets.

• The UN Security Council held an emergency meeting on Tuesday to address rising violence in Yemen and threats to the Bab el-Mandeb Strait shipping route. • UN agencies reported that nearly 100,000 people have been displaced since fighting intensified earlier this month, with thousands fleeing to Djibouti. • Continued insecurity threatens commercial shipping and humanitarian aid for nearly half of Yemen's 41 million people who currently need assistance.

Armed group appears to reach agreement with Trump administration over safety of Red Sea shippingOfficials from the US met Houthi leaders over the weekend at the country’s embassy in Muscat, Oman, it has been confirmed, leading to the US decision not to intervene to help Saudi Arabia drive back a Houthi advance inside Yemen.The Houthis reassured the US that the ceasefire agreement between the two sides struck in 2025 still held and the movement had no intention of attacking US shipping in the Red Sea. Only Saudi-linked shipping was regarded as a target owing to its blockade of Yemen, the Houthis confirmed. Continue reading...

Andy Burnham will attend UN general assembly, where he is expected to try to drum up more support for UkraineUK politics live – latest updatesAndy Burnham is expected to meet Donald Trump for the first time in person at the UN general assembly next week in New York.Last month the Guardian reported British officials had stepped up their preparations for a face-to-face meeting between Burnham and Trump after the prime minister said he hoped to attend the assembly of world leaders. Continue reading...