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Latest news from trusted sources around the world

Economy Bloomberg
Innolight Is Said to Price $6.8 Billion HK Listing Below Top

Zhongji Innolight Co. has raised HK$53.4 billion ($6.8 billion) after pricing its Hong Kong listing below the maximum offered, according to people familiar with the …

Economy Financial Times
If No 10 North is the ‘situation room for growth’ let’s get …

A behind-the-scenes look at the work of Rutherford Hall, critical communications strategist

Economy Bloomberg
Warjiyo’s Departure Raises Scrutiny on BI Policy, Analysts Say

Bank Indonesia Governor Perry Warjiyo’s resignation is expected to heighten uncertainty and volatility across the nation’s financial markets, with analysts citing concerns over policy direction …

Economy Bloomberg
CATL Surges After Share Buyback Plan, Strong First-Half Profit

Contemporary Amperex Technology Co. Ltd. shares jumped in China after the world’s biggest electric-vehicle battery manufacturer unveiled a buyback plan following strong earnings for the …

Economy Financial Times
Indonesia central bank chief resigns

Perry Warjiyo had led Bank Indonesia since 2018

Economy Financial Times
Rival Koreas race to build nuclear-powered submarines

Seoul sees long-awaited opportunity to develop more potent vessels after Donald Trump gave nod of approval last year

Economy Bloomberg
Major Brands Sell China Tomatoes as Aussie-Grown, ABC Says

Several major food brands in Australia are selling tomato products grown in China as domestically produced, with forensic testing showing some are sourced from the …

Economy Bloomberg
Stocks Fall as Chipmaker Rout Outweighs Oil Drop: Markets Wrap

A selloff in chipmakers sent stocks falling, offsetting a sharp decline in oil prices as pressure keeps building for the biggest spenders on artificial intelligence …

Economy Bloomberg
Latest Oil Market News and Analysis for July 27

⁠⁠Oil sank after the US paused strikes against Iran, easing tensions even as the Houthis claimed attacks against Saudi targets.

Economy Financial Times
‘Violent’ wildfires rage close to French and Spanish cities

The two countries evacuate about 335,000 people as minister calls blazes ‘the most aggressive’ Spain has ever suffered

Economy Bloomberg
Kiwi Will Outpace Euro on Widening Rate Gap, Strategists Say

New Zealand’s dollar is set to rise to the strongest in more than a year against the euro due to expectations the local central bank …

Economy Bloomberg
Kioxia Faces More Volatility as Leveraged ETFs Hit Japan Stocks

Kioxia Holdings Corp. faces more wild price swings with leveraged exchange-traded funds tracking the Japanese memory chipmaker’s shares set to be listed in the US.

Economy Financial Times
US pauses Iran strikes as Oman pursues Hormuz transit deal

Neither side launches attacks for second consecutive night as mediators seek to avert return to full-blown war

Economy Financial Times
Gatwick airport apologises after water shortage hits toilets

Many bars and restaurants were also forced to close, although flights were still running during the disruption

Economy Bloomberg
Bond Traders on Edge as Risks of Fed Rate Hike This Week …

Bond traders enter the week seeing a better than one-in-three chance that the Federal Reserve hikes interest rates on Wednesday after flaring Middle East tensions …

Economy Financial Times
Police kill suspect after van-ramming attack on Berlin Pride event

Assailant in terror incident had been identified as Abdul Ballout, a German citizen with a Lebanese background

Economy Financial Times
The Exploration Company with SpaceX ambitions aiming for a $2bn valuation

European start-up in talks to raise $300mn for reusable space capsules

Economy Financial Times
What is the risk of using Chinese open AI models like Kimi …

The real problem is not overseas open-source but lack of co-ordination to protect infrastructure in the face of cyber attacks

Economy Bloomberg
Traders Are Getting a New Tool to Wager on the Biggest US …

Investors will soon have another way to bet on the hottest stocks from Nvidia Corp. to SpaceX, without trading a single share.

Economy Bloomberg
Big Tech Earnings Slam Into a Market in Revolt Over AI Spending

For years, US technology giants had a tacit agreement with investors: The companies could spend lavishly on artificial intelligence, and the stock market would reward …

Economy Bloomberg
Brazil ETF Market Triples in Boom for New Latin America Funds

Exchange-traded funds are cropping up at a fast clip in local markets across Latin America as investors flock to a swath of new products tailored …

Economy Financial Times
Reform UK’s bank account was frozen during 2024 election

Nigel Farage’s party faces increased scrutiny of finances ahead of Clacton by-election

Economy Financial Times
Gibraltar should show Burnham a softer Brexit is the only option

The recent deal again illustrates that closer alignment with the EU offers the best of both worlds

Economy Financial Times
Will the Fed raise interest rates at Kevin Warsh’s second meeting?

Market Questions is the FT’s guide to the week ahead

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