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World News Feed

Latest news from trusted sources around the world

Economy Bloomberg
Innolight Gauges Interest for $8 Billion Hong Kong Listing

China’s Zhongji Innolight Co. is starting to gauge investor demand for its Hong Kong listing, according to terms of the deal seen by Bloomberg News, …

Economy Financial Times
US launches fresh Iran strikes as death toll climbs

Service member dies in ‘controlled’ drone detonation after two soldiers killed in Jordan with another missing

Economy Bloomberg
Tungsten Miner’s Stock Jumps as Billionaire Forrest Buys Stake

EQ Resources Ltd. shares surged after mining billionaire Andrew Forrest agreed to acquire a 16.8% stake in the Sydney-listed tungsten producer from Oaktree Capital Management …

Economy Bloomberg
INR/USD: HSBC Offers Indian Diaspora 19x Leverage on FCNR(B) Deposits

When Moumita Shome landed in Dubai from Australia last month, the calls from bankers started almost immediately.

Economy Financial Times
The AI revolution takes on the world’s most cyclical industry

Massive investment plans lead to investor fears of a new boom and bust in memory chips

Economy Financial Times
Spain beat Argentina to win World Cup for second time

Extra-time winner from Ferran Torres is decisive moment in tight but completely one-sided final

Economy Bloomberg
Gold Steadies as Traders Assess Rates Path Amid US-Iran Conflict

Gold steadied after escalating US-Iran clashes over the weekend were followed by reports of mediation efforts, with traders assessing the likelihood of the Federal Reserve …

Economy Financial Times
FirstFT: Singapore weighs tax cuts for fund managers to rival Hong Kong

Also in today’s newsletter: US-Iran war expands and EU faces crumbling support for new Russia sanctions

Economy Bloomberg
Stocks, Bonds Fall as US-Iran Risks Whipsaw Oil: Markets Wrap

A renewed bout of oil volatility sent stocks lower, with concerns about an escalation in Middle East hostilities outweighing attempts to bring about a pause …

Economy Bloomberg
Latest Oil Market News and Analysis for July 20

Oil edged up in a fraught session as traders grappled with a barrage of headlines that suggest a worsening of the Middle East conflict, as …

Economy Bloomberg
Korea President’s Stock Dream Bumps Into Leveraged ETF Backlash

South Korea’s most closely watched stock-market innovation is morphing into a headache for President Lee Jae Myung.

Economy Financial Times
Andy Burnham plans beefed-up control centre in Downing Street

Incoming prime minister wants to be less reliant on ‘imperial’ Treasury as he bids to restore confidence in government

Economy Bloomberg
Aussie’s Slide Versus Kiwi to Slow on Rate Gap, Strategists Say

The Australian dollar’s steep selloff against its New Zealand counterpart is set to slow, with analysts saying Australia’s higher interest rates and a key technical …

Economy Financial Times
Boeing says it will be ready to fund new plane programme by …

US group expects to have firepower to start work on 737 Max successor but warns that demand may be more of a constraint

Economy Financial Times
Burnham’s British reboot begins

‘King of the North’ comes south, ECB rate decision, Trump returns to a rescheduled White House correspondents’ dinner

Economy Bloomberg
Bond Traders Take Warsh at Word, See Inflation Fight Continuing

Bond traders and Federal Reserve Chairman Kevin Warsh are in agreement on a crucial point: The central bank’s fight against inflation still seems far from …

Economy Bloomberg
Tropical Storm Watches Posted Across Florida’s Panhandle Region

A tropical storm watch has been issued for the Florida Panhandle as the Atlantic’s next event takes shape off shore.

Economy Financial Times
Burnham to maintain ban on North Sea exploration licences

Decision criticised by oil and gas industry as well as trade union

Economy Financial Times
UK must focus on insiders vs outsiders not north vs south

Economists and politicians want to boost growth, but it must include people on the periphery of hotspots

Economy Financial Times
EU faces crumbling support for new Russia sanctions

National capitals refuse to support measures that could hurt big companies

Economy Bloomberg
Extreme Stock Swings Tempt Funds Into Reverse Dispersion Trade

Betting that individual stocks will be volatile while the S&P 500 stays relatively calm has been a popular and successful hedge fund strategy. But with …

Economy Bloomberg
Prediction Markets Swell to 27% of Sports Bets During World Cup

Prediction-market trading has surged during a blowout World Cup, far outpacing the growth at traditional sportsbooks and driving home the competitive threat that companies like …

Economy Bloomberg
Safest Carry in Emerging Markets Is in Latin American Currencies

Emerging-market currency volatility has dropped to the lowest since the start of year and that’s re-energizing carry trades, particularly those involving Latin America that are …

Economy Financial Times
India’s rupee problem has been misdiagnosed

Currency weakness reflects subdued private investment and uncertainty over the business climate

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