World News Feed
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CK Hutchison Profit Jumps Sharply on Boost From Asset Sales
CK Hutchison Holdings Ltd.’s profit rose sharply in the first half of the year, driven by hefty gains from recent asset disposals by the Hong …
UK growth resilient in second quarter
Real GDP held up better than expected during the worst months of the energy price shock
Maersk chief calls for investment push to ease trade strains
Container shipping group hiked guidance after port bottlenecks boosted freight rates and profits
Number of UK pupils sitting A-level economics rises over 10%
Universities also report a record number of students opting for degrees in engineering and tech
South Korea orders new investors to take classes after single-stock trading frenzy
Regulators tighten curbs less than three months after controversial products were introduced
Nigeria Central Bank Widens Access to Open Market Operations
Nigeria’s central bank expanded eligibility for participation in Open Market Operations, allowing individuals, corporates and non-bank financial institutions, in addition to banks, to trade in …
UK economy grows 0.4% in second quarter
Expansion comes as businesses weather surge in energy prices
Korean Stocks Rise as Chip Rally Regains Steam
A revival in the global AI trade pushed South Korean stocks toward a technical bull market, marking a dramatic turnaround from last month’s historic rout. …
Shein Is Said to Consider Aug. 28 for Hong Kong Trading Debut
Shein Global Holdings Ltd. plans to start taking investor orders for its long-awaited Hong Kong initial public offering as soon as Aug. 20 and debut …
Donald Trump loses his favourite press secretary as Karoline Leavitt exits
Youngest White House spokesperson outshone all four of her predecessors in the perilous role
Gold Declines as Sliding Inflation Reinforces Fed Hold Bets
Gold fell below $4,400 an ounce as signs of easing inflation bolstered expectations that the US Federal Reserve will hold interest rates steady next month.
North Sea oil producers told to speed up well closures
NSTA has fined one company more than £16mn this year and vows to enforce deadlines
Cambridge says it will carry out independent probe into Arday appointment
Move follows pressure from academics after university’s youngest-ever Black professor quit over plagiarism allegations
Stocks and Bonds Rise as Fed Rate-Hike Bets Ease: Markets Wrap
Global stocks climbed toward a record and bonds extended gains as a subdued US inflation report eased concerns about an imminent interest-rate hike by the …
Latest Oil Market News and Analysis for Aug. 13
Oil took a breather after a six-session gain, with futures edging lower as traders waited for signs of progress on reopening the Strait of Hormuz.
ANZ Profit Rises on Deposit Growth, Expansion in Business Loans
ANZ Group Holdings Ltd.’s profit climbed in the third quarter as the bank grew customer deposits and lending expanded in its business and private banking …
Kushner, Iger Buy Lakers for Record-Breaking $12.5 Billion
Josh Kushner and Bob Iger are buying the Los Angeles Lakers basketball team for a record-breaking price of $12.5 billion, according to people familiar with …
FirstFT: Taiwan hit by unprecedented ‘autonomous’ AI hack linked to China
Also in today’s newsletter: Tata chair to step down and former Chinese premier Zhu Rongji dies aged 97
Indonesian Tech Firm GoTo Cut From MSCI Indexes in Review
MSCI Inc. removed GoTo Group from its indexes after a plunge in the Indonesian tech company’s share price left the stock difficult to trade.
Singer Vehicle Founder on Louis Vuitton Partnership
In a groundbreaking collaboration, luxury fashion house Louis Vuitton and high-end automotive restoration company Singer have teamed up to create custom Porsche cars. This marks …
Former CDC Official on the Cyclospora Outbreak
Dr. Debra Houry, Former Deputy Director for Program & Science at the CDC, discusses the ongoing cyclospora outbreak amid conflicting messages from health authorities. While …
Wall Street giants bet Nvidia’s AI chips will defy the laws of …
Private capital firms are wagering that the crucial hardware will hold its value for years to come
World witnesses one of nature’s greatest spectacles: a total solar eclipse
Spectators and scientists gathered to witness full or partial blocking of the Sun across the northern hemisphere
Karoline Leavitt to step down as White House press secretary
Donald Trump says chief spokesperson will leave job at the end of the month
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