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Latest news from trusted sources around the world

Taiwan Sees AI Thrusting Exports to Fastest Growth in 50 Years
Economy Bloomberg
Taiwan Sees AI Thrusting Exports to Fastest Growth in 50 Years

Taiwan revised up its economic growth forecast for this year, predicting that roaring demand for AI would send exports to the best performance in five …

Economy Financial Times
Russia overspends on Putin’s war in Ukraine by $28bn

Finance ministry asked cabinet in February to freeze expenditure in other areas as cost of conflict mounts

Economy Financial Times
Russian drone hits apartment building in Romania

Nato and Bucharest condemn ‘reckless’ escalation after two people were injured in Galaţi

Economy Financial Times
Charles Goodhart: ‘Demography is going to make life worse and worse and …

The leading economist warns that fiscal pressures will constrain independent monetary policy

Economy Financial Times
Magyar pushes for breakthrough to secure frozen EU funds

Also in this newsletter: US tech group IBM steps up lobbying efforts

Jupiter Fund Taps Europe AI Energy Boom to Beat 91% of Peers
Economy Bloomberg
Jupiter Fund Taps Europe AI Energy Boom to Beat 91% of Peers

Homing in on stocks at the heart of Europe’s electrification push has helped a Jupiter Asset Management fund team outperform 91% of its peers this …

Honda R&D’s Yoshiike on Global Robotics Competition
Economy Bloomberg
Honda R&D’s Yoshiike on Global Robotics Competition

Takahide Yoshiike, Executive Chief Engineer for Honda’s R&D Frontier Robotics division, notes that while global competition in robotics is intense, each region has distinct strengths. …

Google Deepmind's Parada on Robotics Technology
Economy Bloomberg
Google Deepmind's Parada on Robotics Technology

Carolina Parada, VP and Head of Robotics at Google Deepmind, says “embodied intelligence is the next frontier of artificial intelligence.” She is focused on pushing …

Economy Financial Times
KPMG Australia’s CEO resigns after whistleblower claims

Big Four firm says its investigations into allegations of data misuse lacked rigour

Economy Financial Times
Blue Origin rocket explodes on launch pad during test

Failure comes days before planned launch of internet satellites for Amazon

Global Stocks Rally on Hopes of US-Iran Deal | The Asia Trade 5/29/2026
Economy Bloomberg
Global Stocks Rally on Hopes of US-Iran Deal | The Asia Trade …

"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live …

Huge fireball seen after Blue Origin rocket explosion
Economy Bloomberg
Huge fireball seen after Blue Origin rocket explosion

Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad Thursday evening. It deals a major setback …

Economy Financial Times
The Asian currency trading at ‘crisis’ levels despite an AI chip bonanza

AI is driving a record trade surplus yet Seoul still has one of Asia’s worst-performing currencies

Economy Financial Times
Zomato founder Deepinder Goyal: We have a better shot than Amazon at …

Pain is inevitable but suffering optional for Zomato co-founder

Gold Jumps Most in Three Weeks as Trump Eyes ‘Final’ Iran Call
Economy Bloomberg
Gold Jumps Most in Three Weeks as Trump Eyes ‘Final’ Iran Call

Gold jumped the most in more than three weeks after US President Donald Trump said he’s making a “final determination” on a preliminary deal to …

S&P 500 Powers Historic Weekly Run on US-Iran Bets: Markets Wrap
Economy Bloomberg
S&P 500 Powers Historic Weekly Run on US-Iran Bets: Markets Wrap

Hopes that a ceasefire deal could pave the way for an end to the Iran conflict drove stocks to a historic streak of weekly gains, …

Oil Prices Soften as Traders Bet on Renewal of US-Iran Truce
Economy Bloomberg
Oil Prices Soften as Traders Bet on Renewal of US-Iran Truce

Oil fell as the US and Iran tentatively agreed to extend a ceasefire by 60 days, stoking optimism the Strait of Hormuz may soon reopen.

Worthington Steel Raises $1.4 Billion for Klöeckner Takeover
Economy Bloomberg
Worthington Steel Raises $1.4 Billion for Klöeckner Takeover

Worthington Steel Inc. raised $1.4 billion in the leveraged-finance market Thursday to help fund its acquisition of German metals company Klöeckner & Co SE.

Can the OpenAI and Anthropic IPOs Live Up to Expectations?
Economy Bloomberg
Can the OpenAI and Anthropic IPOs Live Up to Expectations?

The AI dynamos are eyeing the public markets, but some wonder whether SpaceX’s planned June listing will steal their thunder.

Economy Financial Times
Israel attacks Beirut in new wave of bombing

Strike on capital’s southern suburbs comes day before two countries due to hold ‘security talks’ in Washington

Economy Financial Times
Netanyahu orders Israeli forces to take control of 70% of Gaza

Prime minister says Israel is ‘squeezing Hamas’ in the enclave at the same time as escalating attacks in southern Lebanon

Economy Financial Times
Musk’s tweet undermines SpaceX’s claims about Anthropic data centre deal

Billionaire says the arrangement, described in IPO filings as a three-year agreement, only lasts for 180 days

Economy Financial Times
Chevron CEO warns oil prices to jump over summer as supplies dwindle

Blockade in Strait of Hormuz has removed up to 13mn barrels a day from global markets and drawn down ‘shock absorbers’

Jefferies Sued by Fund Investors Alleging Water Firm Fraud
Economy Bloomberg
Jefferies Sued by Fund Investors Alleging Water Firm Fraud

Jefferies Financial Group Inc. has been hit with an investor class action lawsuit over bond purchases made by its 352 Capital fund in a water …

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