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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Group linked to Chelsea FC co-owner Todd Boehly donated to Reform UK

Nigel Farage’s party received total of more than £5mn in second quarter according to Electoral Commission figures

Economy Financial Times
Shein shares sink almost 9% on third day of trading

Stock in online fast-fashion retailer closes more than HK$6 below offer price

Economy Financial Times
Norway seizes Russian state-owned ship over Ukrainian lawsuit

Seizure follows The Hague tribunal’s order that Russia return $4.2bn of Naftogaz assets expropriated in Crimea in 2014

Economy Financial Times
Missed flight connections double under EU smart border system

Some airlines reported sixfold increase in number of passengers missing onward flights, says industry body

Economy Bloomberg
Barclays’ Cau Sees Case for Reducing Risk as September Unfolds

September seasonality, the midterm elections, rate volatility and upcoming AI IPOs are building the case for stock investors to selectively reduce risk, according to Barclays …

Economy Bloomberg
Schroders Buys 10-Year Treasuries Citing Attractive Yields

British asset manager Schroders Plc has bought more of 10-year US Treasuries, saying yields have nearly peaked after the recent selloff.

Economy Bloomberg
European Stocks Gain as Fed Rate-Hike Wagers Ease; Soitec Jumps

European stocks gained as traders reduced bets on a Federal Reserve rate hike following remarks from Governor Christopher Waller, while Deutsche Telekom AG advanced on …

Economy Bloomberg
A $5 Billion Bond Revamp Starts Clock on Senegal Default

Senegal has been at the front of emerging-market bond investors’ minds since the government discovered billions of dollars of hidden debt two years ago.

Economy Bloomberg
Japan’s 30-Year Bond Sale Demand Stronger Than 12-Month Average

Japan’s 30-year government bond auction Thursday saw stronger demand than the 12-month average as elevated yields underpinned buying.

Economy Bloomberg
India’s Rupee Gains as RBI Measures Bring in Bumper $136 Billion

India’s rupee gained as the central bank garnered $136 billion under its capital-raising measures, far exceeding expectations and further boosting its war chest to defend …

Economy Bloomberg
Yen Rises as Intervention, BOJ Rate Hike Risks Jolt Traders

The yen strengthened nearly 2% Thursday, reversing a month of gradual decline, as traders lifted bets on Bank of Japan interest-rate hikes and remained vigilant …

Economy Bloomberg
Japan Trading House Stocks Gain as Berkshire Signals Support

Shares of Japanese trading houses rose after Berkshire Hathaway Inc.’s Chief Executive Officer Greg Abel signaled long-term commitment to the firms, and that it may …

Economy Bloomberg
World’s Unusually High Dollar Exposure Risks Fueling Selloff

Sift through the filings of pension funds and insurers around the world and one thing stands out: some of the biggest holders of US assets …

Economy Bloomberg
Gold Rises as Traders Weigh Yen Intervention Risk, Iran Conflict

Gold rose for a second day as the dollar sank against the yen and traders reacted to comments from Donald Trump suggesting that renewed attacks …

Economy Financial Times
Steve Ballmer banned by NBA over improper payment to basketball star

LA Clippers team funnelled millions of dollars to star Kawhi Leonard to circumvent league salary cap, league investigation finds

Economy Bloomberg
Stocks Climb as Fed-Hike Wagers Ease on Waller: Markets Wrap

Stocks rose the most in a month as Federal Reserve Governor Christopher Waller said he’d be willing to support holding rates steady if price pressures …

Economy Bloomberg
Latest Oil Market News and Analysis for Sept. 3

Oil was steady as President Donald Trump’s prediction of a brief operation against Iran was countered by Tehran’s claims of fresh retaliation.

Economy Financial Times
FirstFT: Xi Jinping visits Egypt in rare foreign travel tour

Also in today’s newsletter: JPMorgan curbed lending to Jane Street and Uber plans sweeping lay-offs

Economy Financial Times
Struggling Republicans urge Trump to open Maga Inc’s $400mn war chest

US president’s Super Pac has yet to deploy significant money in midterms race despite polls pointing to his party’s defeat in November

Economy Bloomberg
NBA Suspends Clippers Owner Ballmer After Leonard Salary Probe

The NBA stripped the Los Angeles Clippers of five first-round draft picks and suspended owner Steve Ballmer for one year after finding the team had …

Economy Bloomberg
Shaquille O’Neal Kicks off College Tour on Credit

Shaquille O'Neal, 15-time NBA All-Star, joins Romaine Bostick on 'The Close' to discuss his 'Credit Tip Off Tour' with Credit One Bank to educate students …

Economy Bloomberg
Deadly Flooding in Nepal Highlights Asia’s Climate Vulnerability

On today’s Big Take Asia podcast: The latest on Nepal’s deadly floods and how the disaster could undermine the country’s burgeoning hydropower ambitions. (Source: Bloomberg)

Economy Bloomberg
Australian Earnings Beat Estimates for First Time in Four Years

Australian earnings beats are outpacing misses for the first time in four years, defying a challenging economic backdrop and bolstering chances for a stalled stock …

Economy Bloomberg
Japanese Companies Consider Asset Sales as Yen Debt Costs Rise

Japanese companies are expanding their toolkit to deal with the steepest borrowing costs in a generation, including considering sales of strategic shareholdings and other assets …

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