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U.S. stock futures climbed Wednesday as strong bank earnings and renewed hopes for Federal Reserve rate cuts helped ease investor concerns over U.S.-China tensions. The Dow Jones Industrial Average gained over 200 points in premarket trading, while the S&P 500 and Nasdaq 100 also advanced, buoyed by optimism surrounding the start of earnings season. Bank of America reported a 23% jump in profit, joining other major lenders in posting robust results that reassured markets about the financial sector’s resilience. Investors are also betting on potential interest-rate cuts as the Federal Reserve faces mounting pressure to support growth amid trade frictions and a prolonged U.S. government shutdown. The combination of strong corporate performance and policy optimism has lifted sentiment after a volatile session earlier in the week. Global markets mirrored the upbeat tone, with Asian and European equities edging higher, while the dollar weakened and gold prices steadied. Analysts ...
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Visa Dispute Bars Israel from Gymnastics World Championships in Jakarta

A general view shows Indonesia Arena, which will host the 53rd Artistic Gymnastics World Championships, in Jakarta on Oct 10, 2025. 

                

Israel has officially confirmed that its athletes will not participate in the upcoming World Artistic Gymnastics Championships in Jakarta after Indonesia refused to issue entry visas. The decision affects several gymnasts, including reigning world floor champion Artem Dolgopyat, who will now miss the competition.

Indonesia, the world’s most populous Muslim-majority nation, cited Israel’s ongoing military offensive in Gaza as the reason for denying visas. The Israel Gymnastics Federation (IGF) appealed to the Court of Arbitration for Sport (CAS), requesting that the International Gymnastics Federation either guarantee Israeli participation or relocate the event. However, CAS rejected both appeals, stating it had no jurisdiction to compel a host nation to issue visas.

The IGF expressed deep disappointment, calling the decision discriminatory and a blow to the spirit of international sport. Meanwhile, the championships, scheduled for October 19–25, will proceed with more than 500 athletes from 79 countries competing in Jakarta.


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