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Latest news from trusted sources around the world

Czech Central Bank Chief Says June Hike a ‘Real Possibility’
Economy Bloomberg
Czech Central Bank Chief Says June Hike a ‘Real Possibility’

Czech central bank Governor Ales Michl said he sees a stronger argument to raise interest rates in June to contain inflationary pressures.

Corporate Profits Hit Record High Versus India’s Economy Even as Stocks Struggle
Economy Bloomberg
Corporate Profits Hit Record High Versus India’s Economy Even as Stocks Struggle

Companies are upbeat about demand and capital spending, ICICI Securities says.

Copper Rallies From Three-Week Low as Trump Flags Iran Deal
Economy Bloomberg
Copper Rallies From Three-Week Low as Trump Flags Iran Deal

Copper rebounded from its lowest close since mid-May after President Donald Trump claimed the US was on the cusp of ending the war with Iran …

Economy Bloomberg
Trump Insists Iran Deal Is Close After Scrapping Strikes

President Donald Trump pulled back threatened military strikes against Iran, a reversal that came after he vowed to hit the Islamic Republic “VERY HARD” and …

Economy Financial Times
Asia energy crisis at ‘worst’ case scenario, ADB warns

Multilateral lender says 15 countries have requested $4bn in emergency support due to war in Iran

Economy Financial Times
CLSA name to vanish after four decades in Asian brokerage

Distinctive brand to be replaced by Citic, China’s state-owned financial giant, from next year

Economy Financial Times
Governor’s illness complicates BoJ’s task as landmark 1% rate move looms

Kazuo Ueda’s absence will make communication more difficult after next week’s policy board meeting

Economy Financial Times
Why worry about the rupee?

India’s currency isn’t especially weak and stabilising it has costs as well as benefits

Lloyds Taps Japan’s Booming Samurai Market With ¥75 Billion Sale
Economy Bloomberg
Lloyds Taps Japan’s Booming Samurai Market With ¥75 Billion Sale

Lloyds Banking Group Plc became the latest borrower to sell bonds in the booming Samurai market, where issuance has reached the highest level since fiscal …

Economy Financial Times
Donald Trump says US close to deal with Iran and calls off …

Markets rally and oil prices dip as US president claims agreement will reopen Strait of Hormuz

Economy Financial Times
UK government scheme ‘causing employers to hire fewer disabled people’, say MPs

Many applicants lost job offers, existing work or income as a result of processing delays

Oil and Gas Decline on Optimism US and Iran Are Close to a Deal
Economy Bloomberg
Oil and Gas Decline on Optimism US and Iran Are Close to …

Oil and gas prices tumbled on hopes that the US and Iran are nearing an interim peace deal to end a war that has roiled …

Stocks Buoyed by US-Iran Hopes as SpaceX Surges: Markets Wrap
Economy Bloomberg
Stocks Buoyed by US-Iran Hopes as SpaceX Surges: Markets Wrap

Wall Street traders drove stocks higher as oil fell after Iran signaled a deal with the US is approaching, fueling hopes for an end to …

Economy Financial Times
World Cup of disunity kicks off in Mexico

Mexican beat South Africa in first game as the three hosts feud and fans fear US immigration crackdown

Ecuador to Cut Beer Prices 20% in World Cup Show of ‘Support’
Economy Bloomberg
Ecuador to Cut Beer Prices 20% in World Cup Show of ‘Support’

Ecuador is cutting beer prices by more than 20% through a temporary tax cut to rally “extra support” for the national football team during the …

Bank Stocks Hit Record Highs on US-Iran Deal Hopes, IPO Optimism
Economy Bloomberg
Bank Stocks Hit Record Highs on US-Iran Deal Hopes, IPO Optimism

Shares of US lenders reached their highest levels ever on Thursday, as investors turned optimistic about a potential deal to stop the fighting in Iran …

Economy Bloomberg
Who’s Really Paying for This Year’s World Cup?

Want to see the World Cup final? That’ll be $10,000. Bloomberg’s Big Take host David Gura and Vanessa Perdomo get into dynamic pricing and surging …

Economy Financial Times
Trump names former SEC head Jay Clayton as US intelligence chief

President has faced backlash in Congress over his pick of Bill Pulte as acting director of national intelligence

Economy Financial Times
Musk’s SpaceX raises $75bn in world’s biggest IPO

Rockets-to-AI group priced its shares at $135 in deal that drew blockbuster investor demand

Economy Bloomberg
SpaceX IPO Raises $75 Billion in Biggest Debut of All Time

Bloomberg's Ed Ludlow and Bailey Lipschultz break down the final developments from SpaceX as the company prepares to go public with a record-breaking IPO on …

Dollar Drops the Most in a Month as Trump Says the War Is Ending
Economy Bloomberg
Dollar Drops the Most in a Month as Trump Says the War …

The dollar fell by the most in more than a month as President Donald Trump’s vow of progress on a deal to end the war …

Economy Financial Times
UK defence ministers resign as row over military spending escalates

Concerns over budget spark flurry of resignations and criticism of Keir Starmer and Treasury

Economy Financial Times
John Healey: the ex-trade unionist who privately battled the Treasury

Previously talked of as a potential caretaker prime minister, his efforts as defence secretary could not generate the spending increase the military wanted

What Will Be The Legacy of the 2026 World Cup?
Economy Bloomberg
What Will Be The Legacy of the 2026 World Cup?

What is the legacy of the 2026 World Cup: expensive tickets or finally growing soccer in the US? On this week's episode of The Deal, …

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