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Latest news from trusted sources around the world

Economy Financial Times
UK house prices fall in May amid Iran turmoil

Higher mortgage rates blamed for Nationwide index’s first monthly decline this year

Economy Financial Times
Young Britons pay the price of Labour’s choices

‘Spaghetti soup’ of agencies and policy-driven pressures on business aggravate difficulty of gaining entry-level work

Zambia Creditor Group Challenges $1.36 Billion Bond Buyback
Economy Bloomberg
Zambia Creditor Group Challenges $1.36 Billion Bond Buyback

A group of holders of Zambia’s dollar bonds maturing 2053 is opposing the government’s tender to buy back the securities, saying it was conducted without …

ECB Says Consumer Price Expectations Ease But Stay Elevated
Economy Bloomberg
ECB Says Consumer Price Expectations Ease But Stay Elevated

Euro-area consumers’ expectations for inflation in three years fell slightly in April, offering some relief to the European Central Bank, though policymakers are still likely …

France Boards Another Tanker Tied to Russian Oil Trade
Economy Bloomberg
France Boards Another Tanker Tied to Russian Oil Trade

France’s navy boarded another oil tanker on the high seas after it sailed from Russia, the latest move in a global crackdown on shadow-fleet vessels …

Emerging Currencies Snap Winning Streak as Peace Deal in Doubt
Economy Bloomberg
Emerging Currencies Snap Winning Streak as Peace Deal in Doubt

Emerging-market currencies snapped an eight-day winning streak on Monday as hopes faded for an imminent peace deal, even though President Donald Trump tried to calm …

A Strategic Debacle, But Stocks Keep Winning
Economy Bloomberg
A Strategic Debacle, But Stocks Keep Winning

A lot is riding on whether inflation from the Iran war can stay manageable.

Copper Gains With US Tariffs Deadline Less Than a Month Away
Economy Bloomberg
Copper Gains With US Tariffs Deadline Less Than a Month Away

Copper advanced in New York and London to kick off a crucial month that should deliver more clarity on the Trump administration’s plans for levies …

Aussie Risks More Losses Versus Kiwi on Rate View, Analysts Say
Economy Bloomberg
Aussie Risks More Losses Versus Kiwi on Rate View, Analysts Say

The Australian dollar may have further scope to fall against the kiwi as traders unwind bearish positions in New Zealand’s currency following a hawkish shift …

LG Electronics Shares Jump Over 300% in 2026 on Physical AI Push
Economy Bloomberg
LG Electronics Shares Jump Over 300% in 2026 on Physical AI Push

LG Electronics Inc. shares have quadrupled this year as investors applaud the venerable Korean appliance maker’s shift into robotics.

Economy Financial Times
SoftBank overtakes Toyota to become Japan’s largest company

Demand for AI stocks powers tech giant’s shares as it takes top spot by market capitalisation

Economy Financial Times
Singapore tries to keep Asia’s oil flowing

City-state is conduit for big share of regional energy cargoes

Economy Financial Times
Populist to face outgoing president’s candidate in Colombian run-off election

Conservative Abelardo de la Espriella won most votes against leftist senator Iván Cepeda in close poll

Economy Financial Times
Jay Powell warns Federal Reserve is undergoing ‘stress test’

Former chair says Donald Trump’s attempts to fire central bankers undermine the rule of law

Economy Financial Times
Berkshire buys homebuilder Taylor Morrison for $8.5bn in Abel’s first big deal

First substantial acquisition under new CEO is bet on eventual recovery in property sector

Stocks Rise on Trump’s Iran Remarks, AI Optimism: Markets Wrap
Economy Bloomberg
Stocks Rise on Trump’s Iran Remarks, AI Optimism: Markets Wrap

A rebound on Wall Street drove stocks to all-time highs as President Donald Trump said talks with Iran are continuing at a rapid pace, with …

Oil Rises From Six-Week Low Amid Uncertainty Over US-Iran Deal
Economy Bloomberg
Oil Rises From Six-Week Low Amid Uncertainty Over US-Iran Deal

Oil rose from a six-week low amid persistent uncertainty about an interim US-Iran peace deal.

Billionaire Hotelier Wants to Take Japan’s APA Global
Economy Bloomberg
Billionaire Hotelier Wants to Take Japan’s APA Global

The family-run APA hotel chain that turned efficiency into a hospitality empire is betting it can export its uniquely Japanese formula abroad, starting with North …

SpaceX’s IPO Forces Wall Street to Reorganize Around It
Economy Bloomberg
SpaceX’s IPO Forces Wall Street to Reorganize Around It

The company’s ambitious listing plan is set to clear the way for other mega-offerings. It also risks threatening the integrity of the market itself

Berkshire Hathaway to Buy Taylor Morrison for $6.8 Billion
Economy Bloomberg
Berkshire Hathaway to Buy Taylor Morrison for $6.8 Billion

Berkshire Hathaway Inc. will acquire Taylor Morrison Home Corp. in an all-cash deal worth about $6.8 billion, the two companies announced on Sunday.

Mexico’s Fibra MTY to Buy Fibra Macquarie in $1.7 Billion Deal
Economy Bloomberg
Mexico’s Fibra MTY to Buy Fibra Macquarie in $1.7 Billion Deal

Mexican real estate investment trust Fibra MTY said it’s acquiring peer Fibra Macquarie after the latter’s shareholders backed the transaction.

Wall Street Risk Rally Powers Past War Stalemate
Economy Bloomberg
Wall Street Risk Rally Powers Past War Stalemate

Three months into the Iran war, it has become all but impossible to damp the bullish spirit driving global markets for risky assets.

Economy Financial Times
Fed and BoE signal little desire to change monetary policy

Whether it was the effects of AI or energy, they saw the benefits of an active hold at the Reykjavik Economic Conference

Economy Financial Times
Brussels officials head east with tour of Balkan capitals

EU-western Balkan summit on expansion of bloc, Netflix co-founder Reed Hastings steps down, Peru goes to the polls

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