World News Feed
Latest news from trusted sources around the world
Schroders looks to exit China mutual funds business after just three years
London-listed group is set to be taken over by US-headquartered asset manager Nuveen in £10bn deal
Gilts and sterling fall as traders brace for Burnham to challenge Starmer
Greater Manchester mayor is lightning rod for concerns over possible loosening of UK’s self-imposed borrowing limits
Yemen prisoner swap boosts Saudi effort to contain Houthis
Biggest deal of its kind in 11 years signals Riyadh is stepping up push to keep rebels out of Iran war
No good outcomes for Starmer
Andy Burnham’s entrance into the Labour leadership race has left Keir Starmer in a lose-lose-lose position
Labour set to approve Andy Burnham’s by-election run
Move would clear one obstacle from Greater Manchester mayor’s path to Downing Street
Emerging Stocks Fall the Most Since March as Oil Jumps
Emerging-market stocks declined after two consecutive sessions of gains, pressured by rising oil prices and higher bond yields.
RBI Lifts Bond-Trading Target for Primary Dealers by 48%
The Reserve Bank of India raised trading targets for the country’s bond market makers in a bid to boost liquidity, driving a surge in activity …
Trump and Xi Begin Second Day of Talks
Donald Trump met Xi Jinping in Beijing’s leadership compound on Friday, kickstarting a second day of talks. (Source: Bloomberg)
Xi Sending Strong Signal on Taiwan, China Adviser Says
Fudan University's Wu Xinbo, an adviser to China's Foreign Ministry, says President Xi Jinping's statement on Taiwan during a summit with President Donald Trump was …
Chinese Steel Mill Profitability at Highest Level Since August
China’s steel mill profitability has climbed to the highest since August, according to data from consultancy Mysteel, although questions remain over how long the improvement …
Global Bond Selloff Worsens as Rising Oil Prices Spook Investors
Government bond markets tumbled around the world, sending yields surging from Japan to the US on intensifying fears that the war-driven price shock will force …
Gulf conflict puts focus on local luxury buyers
Uncertainty over when tourists will return to markets such as the UAE means brands are targeting value over volume
Obscure Japanese stock measure widens on global hunt for AI winners
Record gulf between Tokyo’s Nikkei 225 and Topix reflects major influx of foreign capital, analysts say
Is it time to worry about India’s foreign exchange reserves?
Also in this newsletter: government to invest $4bn in coal gasification
Gautam Adani to Settle With SEC, Nears End of US Legal Woes
Gautam Adani is on the cusp of ending a series of legal threats in the US, paving the way for Asia’s richest man to ramp …
Oil Heads for Weekly Gain With Iran War Negotiations at Impasse
Oil headed for a weekly gain as the crucial Strait of Hormuz remains effectively closed, with efforts to end the war in limbo and disruptions …
Stocks Post Worst Day Since March as Bonds Get Hit: Markets Wrap
A selloff in global bonds halted a rally in stocks, with concern intensifying that central banks will be forced to tighten policy to keep inflation …
FirstFT: The ‘Taiwan question’ looms over US-China relations
Also in today’s newsletter: US authorities prepare to end Adani fraud cases, and private equity cools on India
Starmer appoints new health secretary
PM conducts mini reshuffle of his team after Wes Streeting’s resignation
Starmer braces for leadership challenge by Burnham
Greater Manchester mayor says he wants to contest a by-election and return to Westminster
Private Aviation 'Immunized' from Fuel Cost Spikes, Says Wheels Up's George Mattson
George Mattson, CEO of private aviation company Wheels Up, said that his company is 'immunized' from the impact of fuel cost spikes because they are …
Winklevosses Invest $100 Million in Battered Gemini Exchange
Tyler and Cameron Winklevoss, the billionaire twins who founded Gemini Space Station Inc., made a $100 million “strategic investment” into the money-losing crypto exchange.
Musk tried to ‘tie OpenAI in knots’ with baseless lawsuit, start-up’s lawyer …
Closing arguments presented in legal battle that could upend AI lab’s plan for an IPO this year
World Bank Team to Visit Venezuela to Meet Government Officials
A group of representatives from the World Bank will visit Caracas to engage with government authorities for the first time since reestablishing formal relations last …
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