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Latest news from trusted sources around the world
Pop Mart Falls, Reversing Gains as Concerns Over Growth Persist
Pop Mart International Group Ltd. swung from early gains to losses in Hong Kong as concerns about its growth outlook outweighed stronger-than-expected first-quarter sales, which …
Japan says Bessent offered ‘understanding’ on yen policy
Yen swings as US Treasury secretary meets PM Sanae Takaichi following weeks of currency volatility
Labour’s turmoil is now uncontrollable
Keir Starmer may take responsibility, but he has sidestepped accountability
EQT Makes Final Intertek Bid as Investors Urge Deal Talks
EQT AB has made a fourth and final bid to acquire Intertek Group Plc as the British product-testing company comes under increasing pressure from its …
Munich Re Flags Up to €2.5 Billion Private Credit Exposure
Munich Re said it has investments of as much as €2.5 billion ($2.9 billion) in private credit, an asset class that has been facing fund …
Amazon Kicks Off Swiss Franc Bond Sale in Record Six Parts
Amazon.com Inc. has begun the sale of its first Swiss franc bonds across a record six tranches, as Big Tech looks beyond its regular debt …
Copper Steadies Near Record as Trump Rejects Iran’s Peace Plan
Copper steadied near its highest close on record after US President Donald Trump dismissed Iran’s proposals for a peace deal and said the ceasefire with …
Australia Targets Housing Inequality in New Budget
Australia is set to crack down on tax concessions for property investors, as it looks to ease generational inequality and rein in the budget deficit. …
Will investors embrace China’s humanoid robot champion?
Unitree aims to go public later this year in a crucial test for android industry
India’s factory workers abandon jobs as city life gets too expensive
Middle East conflict pushes up price of cooking fuel and sends many urban migrants back to villages
Trump says Iran ceasefire is on ‘life support’
US president rejects Tehran’s proposal for temporary peace deal ahead of trip to China
Foreign investors’ exit from India at record high
Also in this newsletter, all that glitters is gold
Japan Reserves Data Likely Too Early to Show Intervention
Japan’s foreign currency reserves at the end of April were largely unchanged from the previous month, likely an indication that recent currency intervention in the …
Starmer makes last-ditch bid to save his premiership
UK prime minister prepares for crucial cabinet meeting as mood turns ‘pretty ugly’ in Labour Party
Chip Stocks Sink as Inflation Woes Boost US Yields: Markets Wrap
A selloff in high-flying chipmakers drove stocks lower, with the market also falling alongside bonds after inflation data showed the impacts of energy disruptions stemming …
FirstFT: Donald Trump to press Xi Jinping on China’s support for Iran …
Also in today’s newsletter: Modi calls on Indians to tighten belts, and Shein accuses Temu of ‘industrial-scale’ copyright violations
Ackman’s Pershing Seeks to Toss Suit Over Howard Hughes Deal
Pershing Square sought to toss what it called a “facially defective” shareholder lawsuit accusing founder Bill Ackman of bullying Howard Hughes Holdings Inc. directors into …
Another Record Setting Day for US Equities | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. …
Three cabinet ministers urge Keir Starmer to consider his position
PM faces intense pressure after more than 70 MPs call on him to quit following dire election results
Central Banks in Wait-and-See Mode: Kochugovindan
Aberdeen Senior Research Economist Sree Kochugovindan, says inflation expectations remain anchored for now and monetary policy remains on hold for the BOE, ECB and the …
US considers suspending fuel tax as Iran war pushes up prices
Republican Senator Josh Hawley introduces legislation after Donald Trump backs move
South African leader Cyril Ramaphosa vows to fight impeachment attempts
Revival of ‘Phala Phala’ scandal threatens turbulence for president’s ANC and ruling coalition
Nadella says the attempt to remove Altman from OpenAI was ‘amateur city’
Microsoft chief explains his decision to back AI lab’s boss in 2023 coup attempt during testimony in Elon Musk’s lawsuit
Hims’ Pivot to Branded Obesity Drugs Comes With Rising Costs
Hims & Hers Health Inc. reported a first-quarter loss and sales that missed Wall Street estimates as it faces higher costs associated with its strategic …
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