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Latest news from trusted sources around the world

Economy Financial Times
Liquidators of Chinese property giant pursue Harvard to recoup donation

China Evergrande had given millions of dollars to university in decade before its collapse

Economy Bloomberg
PGIM's Marcus on APAC Real Estate Investment Outlook

Cathy Marcus, Co-head and Global COO of Real Estate at PGIM, discusses her outlook for real estate investment opportunities in the APAC region. She speaks …

Economy Bloomberg
Long-End US Yield Hits One-Month Low as AI Fears Fuel Haven Bid

Treasuries climbed across the curve Thursday, pushing long-end yields to the lowest in a month, as renewed doubts about the durability of the artificial intelligence …

Economy Bloomberg
Barclays’ Singh on Asian Equity Markets

Kaanhari Singh, Head of Asia Equity Flow Derivatives Sales at Barclays, says the strategy heading into next year is to go long on quality in …

Economy Bloomberg
Chinese Stocks Tumble Into Bear Market as $2.4 Trillion Vanishes

Chinese stocks were dragged into a bear market, with $2.4 trillion lost since a peak in May, as a protracted slump in consumption and mounting …

Economy Financial Times
Australian iron ore miner warns of production slowdown without China deal

Fortescue says operations ‘may be affected’ by talks with state-backed commodities buyer

Economy Financial Times
US orders some personnel to leave Saudi Arabia after Houthi attacks

Decision comes as two people were killed in a drone attack targeting Saudi Aramco’s Shaybah oilfield

Economy Financial Times
Musk sets lower sales target for Tesla as it explores SpaceX merger

Carmaker reports flat revenue and falling profits as it pivots from electric vehicles to AI

Economy Financial Times
Amazon warns new cyber flaws detected using AI are being ‘broadly exploited’

Researchers used OpenAI and Google models to find severe faults in software used on the majority of websites around the world

Economy Financial Times
Is corporate India’s exuberance merited?

The gap between corporate India’s public optimism and household and investor anxiety has become increasingly apparent

Economy Financial Times
UK students who graduated in 2024 more likely to be unemployed

Problems facing small businesses a bigger factor than AI in tough jobs market, analysis shows

Economy Financial Times
Poor-quality degrees ‘tarnish’ reputation of English universities, regulator warns

Office For Students warns outcomes were worse than for students attending sponsoring institutions

Economy Bloomberg
MSCI Pressed by Investors to Justify Stark Indonesia Warning

As MSCI Inc. officials joined a call on Tuesday afternoon Jakarta time, many of the more than 100 participants were investors still reeling from the …

Economy Bloomberg
Latest Oil Market News and Analysis for Oct. 22

Oil advanced after deadly attacks in Saudi Arabia heightened concerns that escalating Middle East hostilities could hit supply, even as exports through the Strait of …

Economy Bloomberg
EEUU se encamina a sus elecciones legislativas más caras

EEUU se encamina a las elecciones de mitad de mandato más caras de su historia. Elon Musk vuelve a ocupar un papel central entre los …

Economy Financial Times
FirstFT: Scott Bessent shrugs off ‘systemic’ AI risks at private event with …

Also in today’s newsletter: Elon Musk’s $3.6tn gamble and China’s battery makers race to invest abroad

Economy Bloomberg
BlackRock Director on Investment Shifts, Wealth Transfer

Armando Senra, Head of the Americas Institutional Business at BlackRock, said family offices generally view geopolitical tensions as a source of short-term market and allocation …

Economy Bloomberg
Bolsonaro Adviser Backs Freer Petrobras, Rules Out Privatization

If Flávio Bolsonaro wins Brazil’s presidential runoff on Oct. 25, he will give the nation’s state oil company broad freedom to reshape its portfolio while …

Economy Bloomberg
The Two Cities Fighting for Asia’s Cash Crown

Hong Kong and Singapore are locked in a fight for Asia’s billionaires and fund managers. Now, with an IPO boom and Mainland China’s backing, Hong …

Economy Financial Times
Republicans head into midterms with huge spending advantage

Filings show the party and its affiliated groups have amassed a big war chest but polling favours Democrats in many races

Economy Bloomberg
EQT Reaches €9.6 Billion Deal for Molecular Testing Firm Qiagen

EQT AB has agreed to acquire Qiagen NV for around €9.6 billion ($10.8 billion), bringing an end to years of takeover speculation involving the European …

Economy Financial Times
Abbott to spin off nutrition unit at centre of baby formula lawsuits

US healthcare group plans to create standalone public company with $8.5bn in annual sales

Economy Financial Times
Could Michigan elect America’s first Muslim senator?

Democrat Abdul El-Sayed could make history — or scupper his party’s hopes of taking control of the Senate in midterm elections

Economy Bloomberg
A Daily Pill to Keep Breast Cancer Away Is Roche’s Next Frontier …

A daily pill to keep breast cancer away? Swiss drugmaker Roche is betting on a new frontier drug after losing its lead in the booming …

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