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Latest news from trusted sources around the world

How Singapore and Australia Took Opposite Paths on Housing
Economy Bloomberg
How Singapore and Australia Took Opposite Paths on Housing

As homeownership drifts further out of reach, governments are looking for new ways to help first-time buyers come up with the money. In Australia, economist …

Economy Financial Times
Iran war exposes split in Trump’s base at conservative activists’ conference

US president’s ‘little excursion’ into the Middle East is making some of his most ardent supporters uneasy

Economy Financial Times
Could rising energy prices cure China’s deflationary funk?

Market Questions is the FT’s guide to the week ahead

Economy Financial Times
Eli Lilly to sign $2bn deal for AI drug development with Hong …

Global pharmaceutical companies are aggressively searching for new medicines in China

Banks Urge RBI to Relax New Rules as $30 Billion Unwinding Looms
Economy Bloomberg
Banks Urge RBI to Relax New Rules as $30 Billion Unwinding Looms

Lenders in India are urging the central bank to relax tighter rules for foreign-exchange transactions, which came as bets that could exert strain on the …

Strikes Continue as Houthis Join Iran War, US Troops Arrive
Economy Bloomberg
Strikes Continue as Houthis Join Iran War, US Troops Arrive

Attacks in the Middle East conflict extended into a fifth week Sunday, with Israel striking Tehran and Saudi Arabia intercepting almost a dozen drones, a …

China Summons US Envoy to HK Over Alert on Security Law Changes
Economy Bloomberg
China Summons US Envoy to HK Over Alert on Security Law Changes

Beijing summoned the US’s top envoy to Hong Kong after the consulate posted an alert about new rules giving authorities power to demand passwords for …

Leadership Row Erupts at Philippine Conglomerate Over ABS-CBN Capital Infusion
Economy Bloomberg
Leadership Row Erupts at Philippine Conglomerate Over ABS-CBN Capital Infusion

A leadership dispute within Lopez Inc., one of the Philippines’ biggest conglomerates, led to the ouster of its president over what he said was a …

Russia’s Ust-Luga Port Damaged in Fresh Ukraine Drone Attack
Economy Bloomberg
Russia’s Ust-Luga Port Damaged in Fresh Ukraine Drone Attack

Russia’s Ust-Luga port sustained fresh damage from a Ukrainian drone attack, as Kyiv steps up strikes on Russian oil export infrastructure.

Economy Financial Times
The last bridge left to ancient Tyre

Evacuation orders and strikes turn once-vibrant Lebanese beach town into a refuge for holdouts and displaced

Economy Financial Times
Eurozone borrowing costs soar on fears of fiscal hit from Iran shock

Government bonds face one of worst months of past decade as investors warn of ‘deterioration’ in public finances

Economy Financial Times
Ministers explore triggering break clause in Palantir’s NHS contract

Government is under pressure to eject the controversial American company from NHS England data systems

Economy Financial Times
German chemicals groups boost prices as Iran war adds to industry woes

Companies worry about effects of higher energy costs even as they get short-term advantage over Asian peers

Economy Financial Times
Police arrest man after car strikes ‘multiple pedestrians’ in Derby

A number of people were seriously injured in incident around 9.30pm on Saturday

Two Australia States to Offer Free Transport as Fuel Prices Rise
Economy Bloomberg
Two Australia States to Offer Free Transport as Fuel Prices Rise

Two Australian states will temporarily offer free public transport to ease the effects of rising fuel costs, as prolonged hostilities in the Middle East increase …

Economy Financial Times
Korea weighs inheritance tax based on book value, not market prices

Government proposal aims to curb the alleged suppression of share prices and reduce the ‘Korea discount’

Economy Financial Times
Indian conglomerate Vedanta to split in five next month

Chair suggests new entities could be worth as much as $50bn after deleveraging drive

Economy Financial Times
Philippines ‘between rock and a hard place’ over surging energy prices

Central bank governor warns that raising rates to tackle inflation could hit already weak economic growth

New Delhi Street Stalls Show the Cost of India’s Energy Crunch
Economy Bloomberg
New Delhi Street Stalls Show the Cost of India’s Energy Crunch

Outside New Delhi’s main bus terminus, a cluster of food stalls set up under makeshift canopies has been selling pan-fried flatbreads, comforting stews and hot …

Economy Financial Times
Iranian strike injures US troops at Saudi air base

Yemen’s Houthi rebels carry out their first attack on Israel since the war began

Economy Financial Times
Americans take to streets in ‘No Kings’ day protests against Trump

Latest series of marches comes against backdrop of president’s unpopular war in Iran

Economy Financial Times
Support for JD Vance slips in straw poll of Republican candidates in …

US vice-president still favourite to succeed Donald Trump but secretary of state Marco Rubio is gaining ground

US Job Market Likely Thawed Out This Month After February Chill
Economy Bloomberg
US Job Market Likely Thawed Out This Month After February Chill

US employment probably rebounded in March after one of the biggest pullbacks in payrolls since the pandemic, extending a string of volatile readings.

Inside ‘Project Eagle,’ JPMorgan’s High-Wire Act to Fund EA Deal
Economy Bloomberg
Inside ‘Project Eagle,’ JPMorgan’s High-Wire Act to Fund EA Deal

The post from @realDonaldTrump landed at precisely 7:23 a.m. Inside JPMorgan Chase & Co., the final piece of Project Eagle was a go.

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