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Latest news from trusted sources around the world

ECB Officials See Next Rate Increase Possible as Soon as July
Economy Bloomberg
ECB Officials See Next Rate Increase Possible as Soon as July

European Central Bank officials aren’t ruling out a second increase in interest rates as soon as their next monetary-policy meeting, according to people familiar with …

SpaceX IPO Could Test Market, Says 1789 Capital’s Abrahimzadeh
Economy Bloomberg
SpaceX IPO Could Test Market, Says 1789 Capital’s Abrahimzadeh

The public debut of SpaceX is poised to become a major test of investor appetite and market infrastructure, according to 1789 Capital partner Paul Abrahimzadeh, …

Bloomberg Surveillance 6/11/2026
Economy Bloomberg
Bloomberg Surveillance 6/11/2026

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better …

Economy Financial Times
The unlikely alliance pushing an AI sovereign wealth fund

Even some of the tech labs seem to agree that society as a whole should benefit from advances

Economy Financial Times
ECB raises interest rates for first time since 2023

Central bank is first in G7 to increase borrowing costs in response to Middle East energy crisis

Economy Financial Times
Trump vows to take ‘total control’ of Iran’s oil and gas markets

US president says American forces will also seize control of key export hub Kharg Island

Economy Financial Times
Why Europe should not choose to go it alone

A secure future depends on a revitalised transatlantic alliance

US Stocks Gain, Halting Two-Day Drop, as Chip Bellwethers Rise
Economy Bloomberg
US Stocks Gain, Halting Two-Day Drop, as Chip Bellwethers Rise

US stocks edged higher following two straight sessions of declines, as investors assessed developments in the Middle East and a report that showed US producer …

Greek LNG Buyer Says Long-Term US Deals Getting More Difficult
Economy Bloomberg
Greek LNG Buyer Says Long-Term US Deals Getting More Difficult

The boss of Greece’s Atlantic SEE LNG Trade said it’s becoming more difficult to secure long-term liquefied natural gas deals with US suppliers, after the …

EM Currencies, Stock ETFs Rally as Trump Signals Deal Is Near
Economy Bloomberg
EM Currencies, Stock ETFs Rally as Trump Signals Deal Is Near

Emerging-market assets got a boost after President Donald Trump canceled planned attacks on Iran, fueling bets that a deal is imminent.

Thai Hospitality Group Minor International Said to Mull Singapore IPO Instead of HK
Economy Bloomberg
Thai Hospitality Group Minor International Said to Mull Singapore IPO Instead of …

Thailand’s Minor International Pcl is considering listing its restaurant business in Singapore instead of Hong Kong as it sees greater interest from potential investors in …

Economy Financial Times
US and Iran exchange fresh wave of strikes

Escalation of hostilities comes as Trump piles pressure on Tehran to agree a deal

Economy Financial Times
Burnham faces Labour backlash over support for Waspi women

Leadership hopeful’s hints at large spending commitments raise fears over risk to UK fiscal position

Economy Financial Times
Andy Burnham on Waspi women sounds rather like Starmer 2.0

Greater Manchester mayor vying for premiership may not get a ‘coronation’ after all if he returns to parliament

Economy Financial Times
Libor 2.0?

The death of London’s infamous interest rate benchmark has left a hole

Economy Financial Times
State-owned AI

Plus sideways CPI

Economy Financial Times
Brussels begins decisive phase of negotiating shared budget

Also in this newsletter: Hungary’s anti-graft pitch to unlock billions of euros

Asia’s Currency Fight Moves Offshore as Central Banks Push Back
Economy Bloomberg
Asia’s Currency Fight Moves Offshore as Central Banks Push Back

Asian central banks are increasingly facing currency pressures originating outside their borders.

US Strikes Iran in Escalation Over Stalled Peace Talks
Economy Bloomberg
US Strikes Iran in Escalation Over Stalled Peace Talks

The US military launched strikes against "multiple" targets in Iran for the second straight day after President Donald Trump accused the country of dragging out …

Copper Falls to Three-Week Low on Flareup in US-Iran Fighting
Economy Bloomberg
Copper Falls to Three-Week Low on Flareup in US-Iran Fighting

Copper fell to a three-week low as fresh fighting in the Middle East raised concern around faster inflation, higher interest rates and slower economic growth.

Economy Financial Times
Wild temperature swings are becoming the ‘new normal’, EU agency says

Global average for month of May recorded at 1.42C above pre-industrial levels

Economy Financial Times
Japan’s defence and turbine titan scrambles to keep up with $82bn order …

Analysts question whether Mitsubishi Heavy Industries is spending cash fast enough to secure future growth

Economy Financial Times
‘South Korea’s Amazon’ hit with record fine over data breach

Coupang fined $409mn for hack that exposed personal information of nearly two-thirds of country’s population

Indonesia Market Rout Resumes as Interest Rate Hike Bets Mount
Economy Bloomberg
Indonesia Market Rout Resumes as Interest Rate Hike Bets Mount

Indonesia’s bonds and stocks resumed their selloff Thursday, underscoring expectations that the central bank will have to raise interest-rates again to limit capital outflows.

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