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Latest news from trusted sources around the world

Aluminum Declines as EGA Restarts Key Alumina Refinery in UAE
Economy Bloomberg
Aluminum Declines as EGA Restarts Key Alumina Refinery in UAE

Aluminum fell after Emirates Global Aluminium said it restarted a key alumina plant in Abu Dhabi that was attacked in the early stages of the …

Economy Financial Times
Meta runs afoul of the Indian government

Also in this newsletter: few women in the workplace

JPMorgan, Citi Bankers Join Hong Kong Exchange Listing Panel
Economy Bloomberg
JPMorgan, Citi Bankers Join Hong Kong Exchange Listing Panel

JPMorgan Chase & Co.’s Nelly Pai and Citigroup Inc.’s Alexander Schrantz are joining the Hong Kong stock exchange panel responsible for approving initial public offerings …

Yuan Gains as PBOC Sets Fix Below 6.8 for First Time Since 2023
Economy Bloomberg
Yuan Gains as PBOC Sets Fix Below 6.8 for First Time Since …

The yuan advanced after China’s central bank signaled its comfort with the currency’s strength by setting the daily reference rate below 6.80 per dollar for …

Economy Financial Times
US strikes Iranian railway bridges on route to city of Khamenei’s burial

Late supreme leader interred in Mashhad in early hours of Friday morning

Economy Financial Times
Labour MPs push for permanent ban on crypto political donations

Proposals come amid controversy over Reform UK funding

Stocks Waver as SK Hynix Rallies in Trading Debut: Markets Wrap
Economy Bloomberg
Stocks Waver as SK Hynix Rallies in Trading Debut: Markets Wrap

A rally that drove stocks to a striking distance of their record highs wavered ahead of the earnings season, with SK Hynix Inc. jumping in …

Oil Steadies as US-Iran Continue Talks After Renewed Fighting
Economy Bloomberg
Oil Steadies as US-Iran Continue Talks After Renewed Fighting

Oil steadied as the US and Iran continued talks despite a flare-up in fighting that strained their ceasefire and deterred tanker traffic through the Strait …

Economy Financial Times
FirstFT: Wall Street bankers in line for bumper $140mn payday from SK …

Also in today’s newsletter: EU-China trade tensions and European heatwave damps Uniqlo sales growth

Tanger CEO: ‘Incredible Traffic’ Tied to World Cup
Economy Bloomberg
Tanger CEO: ‘Incredible Traffic’ Tied to World Cup

Stephen Yalof, President and CEO of Tanger Inc., appeared on the program to discuss the company's recent performance. Tanger is experiencing near-record results driven by …

Willow Wealth CEO on Responsibly Growing Private Markets
Economy Bloomberg
Willow Wealth CEO on Responsibly Growing Private Markets

Mitchell Caplan, CEO of Willow Wealth, discusses the evolving landscape of private market investing for individual investors. Caplan highlighted the trend of companies staying private …

Economy Bloomberg
Activist Donerail Urges Beazer Homes to Engage With Suitors

Activist investor Donerail Group is urging the board of Beazer Homes USA Inc. to engage with potential buyers after rival homebuilder Dream Finders Homes Inc. …

【今朝の5本】仕事を始める前に読んでおきたい厳選ニュース
Economy Bloomberg
【今朝の5本】仕事を始める前に読んでおきたい厳選ニュース

SKハイニックス米公募価格149ドル、米イラン応酬、マイクロン投資増額、NY連銀総裁、メタが課金制

Economy Financial Times
PepsiCo warns of ‘rising inflationary pressures’ for US consumers

Recovery in sales volumes runs out of steam in second quarter as surge in fuel costs hits snack and soda group

SK Hynix Is Said to Price US Share Offering at $149 Apiece
Economy Bloomberg
SK Hynix Is Said to Price US Share Offering at $149 Apiece

SK Hynix Inc. priced its US listing of American depositary receipts at $149 each, according to a person familiar with the matter, as the South …

Economy Financial Times
‘Very North Korean’: hundreds of Labour MPs back Andy Burnham for leader

Ex-Manchester mayor says it is starting to feel ‘very real’ as 322 out of 403 Labour MPs nominate him to succeed Keir Starmer

Economy Financial Times
Andy Burnham apologises for Labour’s Gaza war stance

Britain’s likely next prime minister seeks to win back leftwing voters outraged by Keir Starmer’s approach to Israel

Economy Financial Times
Goldman Sachs limits prediction market betting for employees

Nascent platforms such as Kalshi and Polymarket pose challenges to compliance policies at heavily regulated banks

Economy Financial Times
Kevin Warsh names high-profile figures to help modernise the Fed

US central bank chair chooses business and academic leaders to head five new task forces

MiniMax Joins China AI Fundraising Rush With $2 Billion Deal
Economy Bloomberg
MiniMax Joins China AI Fundraising Rush With $2 Billion Deal

MiniMax Group Inc. is joining a rush by Chinese technology companies to tap markets for funding aimed at the artificial intelligence buildout, looking to raise …

Trump Stops in UK to Switch Air Force One Planes
Economy Bloomberg
Trump Stops in UK to Switch Air Force One Planes

President Trump’s return from the NATO summit in Turkey took a detour when he switched Air Force One planes in the UK. Annmarie Hordern explains …

US 30-Year Bond Auction Set to Draw Highest Yield in 20 Years
Economy Bloomberg
US 30-Year Bond Auction Set to Draw Highest Yield in 20 Years

An auction of 30-year Treasury bonds Thursday is poised to draw the highest yield since at least 2006, underscoring how swelling bond supply is driving …

Oil Edges Lower as Traders Assess Renewed US-Iran Hostilities
Economy Bloomberg
Oil Edges Lower as Traders Assess Renewed US-Iran Hostilities

Oil edged lower as traders assessed renewed US strikes against Iran, with the limited scope of the hostilities prompting bets that energy shipments through the …

Economy Financial Times
Leading UK research facility Diamond Light Source faces cost cuts

Particle accelerator used by both public and private sector scientists is part of 15% research centre savings

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