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Latest news from trusted sources around the world

Lufthansa Speaks to Investors for Euro Bond as Fuel Stress Grows
Economy Bloomberg
Lufthansa Speaks to Investors for Euro Bond as Fuel Stress Grows

Deutsche Lufthansa AG is speaking with investors ahead of a potential euro-denominated bond sale, as the airline industry grapples with rising jet fuel costs.

Iran Conflict Has Raised the Floor for Bond Yields, JPMorgan Says
Economy Bloomberg
Iran Conflict Has Raised the Floor for Bond Yields, JPMorgan Says

Kim Crawford, global fixed income portfolio manager at JPMorgan Asset Management, and Laura Cooper, global investment strategist and macro credit head at Nuveen, discuss the …

IEA Chief Warns Commercial Oil Inventories Are Falling Very Fast
Economy Bloomberg
IEA Chief Warns Commercial Oil Inventories Are Falling Very Fast

International Energy Agency Executive Director Fatih Birol warned that the tally of commercial oil inventories is shrinking at an accelerated pace.

Economy Financial Times
What version of Manchesterism is Andy Burnham offering?

His success as a business-friendly metro mayor sits uneasily with his Labour positioning

Economy Financial Times
Japan’s Takaichi calls for extra budget as Iran energy crisis bites

Prime minister’s U-turn follows weeks of denials and raises concerns that further bond issuance will be needed

Economy Financial Times
Bonds bad

Plus, stocks bad

Economy Financial Times
Fears of Samsung strike ease after court ruling

Shares rise after injunction restricts unions’ ability to halt production at South Korean chipmaker

Japan’s 5-Year Bond Sale Demand Weaker Than 12-Month Average
Economy Bloomberg
Japan’s 5-Year Bond Sale Demand Weaker Than 12-Month Average

Japan’s five-year government bond auction Monday saw lower demand than the 12-month average as elevated oil prices fueled inflation concerns.

Hedge Funds Ramp Up Bearish Sterling Bets on Andy Burnham Risk
Economy Bloomberg
Hedge Funds Ramp Up Bearish Sterling Bets on Andy Burnham Risk

Hedge funds and asset managers piled into bearish sterling option bets last week after Manchester Mayor Andy Burnham secured a pathway to potentially challenge for …

Economy Financial Times
China’s industrial production growth slows

Retail sales growth flat as weak domestic demand saps momentum for world’s second-largest economy

Indonesia Joins Global Market Rout, Rupiah Hits Record Low
Economy Bloomberg
Indonesia Joins Global Market Rout, Rupiah Hits Record Low

The Indonesian rupiah fell to a record low, while stocks dropped and bond yields climbed as trading resumed after a two-day holiday, with local markets …

Treasuries Fluctuate as 30-Year Yield Hovers Near 2023 Level
Economy Bloomberg
Treasuries Fluctuate as 30-Year Yield Hovers Near 2023 Level

Treasuries fluctuated in early US trading as a selloff in global bond markets eased and investors watched for any signs of progress in the talks …

Japan Leads Global Bond Markets Lower as Inflation Fears Rise
Economy Bloomberg
Japan Leads Global Bond Markets Lower as Inflation Fears Rise

A deepening slump in Japanese government bonds added fuel to the selloff in global debt markets as rising oil prices stoke inflation fears and push …

Economy Financial Times
Vox becomes kingmaker as Sánchez suffers defeat in Spanish regional election

Rightwing populists emerge as prospective coalition partner for conservative People’s Party in Andalusia

Economy Financial Times
Asia is headed towards an industrial supercycle

It’s not just AI — energy, defence and industrial capex will fuel growth

Gold Inches Up as Traders Weigh Iran Deal Prospects, Inflation
Economy Bloomberg
Gold Inches Up as Traders Weigh Iran Deal Prospects, Inflation

Gold rose slightly as investors assessed mixed signals about the possibility of a US-Iran ceasefire deal, while also weighing the odds that elevated energy prices …

Stocks Fall as Brent Hits $110; Bond Selloff Eases: Markets Wrap
Economy Bloomberg
Stocks Fall as Brent Hits $110; Bond Selloff Eases: Markets Wrap

Stocks fell as the stalemate between the US and Iran kept driving oil prices higher, while bonds found some stability after last week’s global selloff.

Oil Rises as Trump Renews Threats Against Iran With Hormuz Shut
Economy Bloomberg
Oil Rises as Trump Renews Threats Against Iran With Hormuz Shut

Oil rose for a third day as President Donald Trump again pressured Iran to come to a deal to end weeks of war and reopen …

Economy Financial Times
FirstFT: Global energy crisis enters a new phase

Also in today’s newsletter: Bain Capital closes largest Asia fund, and the US-China ‘board of trade’

Economy Financial Times
White House says Trump and Xi agreed on ‘board of trade’ at …

US and China signed off on measures to promote ‘stability’ in the midst of economic stand-off

One Hedge Fund Holds the Keys to Ukraine’s Wartime Industries
Economy Bloomberg
One Hedge Fund Holds the Keys to Ukraine’s Wartime Industries

VR Capital has built a powerful position in Ukrainian bonds, giving it enormous influence as companies key to the war effort try to restructure their …

Economy Financial Times
Business investment growth in UK is less than half pace of US

There has been a widening divergence between the two economies since 2019

NextEra Said to Discuss Deal Valuing Dominion at $66 Billion
Economy Bloomberg
NextEra Said to Discuss Deal Valuing Dominion at $66 Billion

NextEra Energy Inc. is discussing a mostly stock deal for Dominion Energy Inc. that would value the company at about $76 per share, or around …

Stocks in Focus After Bonds Send Inflation Alarm
Economy Bloomberg
Stocks in Focus After Bonds Send Inflation Alarm

With no clear-cut end in sight to the Iran war, investors enter a new week under the spell of its key economic consequence: rising global …

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