Ofcom, the UK communications regulator, fined Meta Platforms (META.O) today.

Japan's corporate goods inflation accelerated to 7.1% YoY in October, signaling persistent price pressure at the firm level. SMBC Nikko Securities economists say higher transport and insurance costs from switching to alternative oil procurement channels could keep import costs elevated in the near term, sustaining corporate-level inflation. With firms more willing to pass through cost increases, corporate inflation may only moderate gradually even if import costs ease; crude futures imply import-price gains will slow and turn YoY negative in H2 FY2027.

A Vietnam Finance Ministry official, Ngo Van Tuan, told a parliamentary session in Hanoi on Thursday that now is not an appropriate time to issue international bonds because global fuel supply disruptions are further pushing inflation. The ministry will continue active communication with international financial institutions, investors and credit-rating agencies while awaiting more favorable conditions. He said market demand for the bond remains, but authorities must weigh financing costs and safeguard the domestic financial system. Vietnamese media had earlier reported officials were considering a USD 1bn sovereign bond with roadshows in regional financial centres.