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French utility Engie SA raised its full-year profit forecast as it benefits from energy market volatility linked to the war in the Middle East and cost cuts, which helped mitigate a profit decline in the first six months of the year.

The Bank of Japan has kept its rate policy unchanged and nudged its economic growth forecast higher. Officials stop short of confirming an intervention that drove the yen sharply higher. Hiromi Ishihara, Head of equity investment at Amundi Japan told Bloomberg’s Abeer Abu Omar on Horizons Middle Eas

Decision to formally market assets comes after talks with Ithaca Energy

German inflation rises in July, economy grows more than expected in Q2 Reuters

Traders trim UK rate hike bets after BoE flags limited Iran spillover Reuters

FIFA has faced backlash from global soccer governing bodies over the proposal to allow private investment.

Asian stocks rallied after South Korean equities posted a record intraday gain, as investors renewed bets on the artificial intelligence trade following this week’s rout. The yen weakened, giving back some of Thursday’s intervention-driven gains.

HSBC Holdings Plc and Singapore banks should see stronger earnings outlook across the board, buoyed by wealth businesses strength and resilient fee income.

If US yields keep rising, the RBI could face growing pressure to keep policy tighter.

The Philippines plans to change the way it prices local-currency bonds by removing the impact of withholding tax, a shift that may saddle some existing investors in the nation’s $230 billion market with losses, according to people familiar with the matter.