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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
China fixes currency at 3-year high ahead of Trump-Xi meeting

Data meanwhile shows deflationary pressures easing in world’s second-largest economy

Floundering Rupee May Keep Indian Equities on a Tight Leash
Economy Bloomberg
Floundering Rupee May Keep Indian Equities on a Tight Leash

Monex Europe expects the rupee to hit 98 per dollar by year-end.

JPMorgan Hikes Kospi Bull Case Target to 10,000 on Memory Boom
Economy Bloomberg
JPMorgan Hikes Kospi Bull Case Target to 10,000 on Memory Boom

JPMorgan Chase & Co. raised its targets for South Korean stocks for the second time in less than a month, citing improvement in the semiconductor …

China’s Factory Inflation Hits Post-Covid High After Cost Shock
Economy Bloomberg
China’s Factory Inflation Hits Post-Covid High After Cost Shock

China’s factory prices grew at the fastest pace since the pandemic four years ago as the fallout from the Iran war sharply raises costs and …

Economy Financial Times
India’s cricket cash machine faces a slower run rate

The commercial pitch has become tougher for teams amid less competition for streaming rights and an advertising crackdown

Economy Financial Times
UK government unit targets £99bn of investment from Australian pension funds

Plan will ‘deliver long-term economic growth while boosting our already strong trade relationship’, says minister

Economy Financial Times
Trump to press China’s Xi about Iran war at summit

US president arrives in Beijing on Wednesday for his second in-person meeting with Chinese leader

Gold Falls as Trump Rejection of Iran Offer Fans Inflation Fears
Economy Bloomberg
Gold Falls as Trump Rejection of Iran Offer Fans Inflation Fears

Gold fell as President Donald Trump’s rejection of Iran’s latest peace offer to end the war in the Middle East fanned inflation fears.

Asian Stocks Rise Led by Tech, Oil Climbs on Iran: Markets Wrap
Economy Bloomberg
Asian Stocks Rise Led by Tech, Oil Climbs on Iran: Markets Wrap

Asian stocks rose as traders boosted bets on the AI trade, brushing aside Middle East tensions even after President Donald Trump’s rejection of Iran’s latest …

Oil Climbs as Hormuz Stays Shut After Trump Rebuffs Iran’s Offer
Economy Bloomberg
Oil Climbs as Hormuz Stays Shut After Trump Rebuffs Iran’s Offer

Oil rose after US President Donald Trump rejected Iran’s response to his latest peace proposal, prolonging the effective closure of the crucial Strait of Hormuz.

Economy Financial Times
FirstFT: Trump calls Iran’s response to peace proposal ‘unacceptable’

Also in today’s newsletter: evacuation of hantavirus-hit cruise ship begins, and Germany revises push to buy US Tomahawks

Economy Financial Times
Starmer to promise ‘urgent’ change as he fights for his political future

Prime minister rewrites key address with allies against backdrop of warnings he could face a leadership challenge

Economy Financial Times
Is this Starmer’s last chance to turn words into change?

The prime minister needs to convince doubters that he is not a bystander but someone who is in control

UK, France to Host Multinational Meeting on Mission to Escort Ships Through Hormuz
Economy Bloomberg
UK, France to Host Multinational Meeting on Mission to Escort Ships Through …

More than 40 nations will meet Monday to outline their military contributions to a European-led mission to escort ships through the Strait of Hormuz once …

Economy Bloomberg
Trump Says Iran Peace Proposal Response ‘Totally Unacceptable’

“I have just read the response from Iran’s so-called ‘Representatives.’ I don’t like it — TOTALLY UNACCEPTABLE,” President Trump says in a Truth Social post.

Taking Stock of Jerome Powell’s Fed Chair Term
Economy Bloomberg
Taking Stock of Jerome Powell’s Fed Chair Term

In Powell’s last week as Federal Reserve Chair we consider his legacy.

Momentum-Obsessed Traders Seek Clues on Iran Truce
Economy Bloomberg
Momentum-Obsessed Traders Seek Clues on Iran Truce

Investors riding a scorching run of market momentum are likely to face a reality check when trading resumes in Asia after President Donald Trump rejected …

Economy Financial Times
Evacuation of hantavirus-hit cruise ship gets under way in Tenerife

Governments are implementing repatriation and quarantine procedures for people leaving MV Hondius

Economy Financial Times
Trump embarks on two-day visit to Beijing

Plus, US Treasury secretary visits Tokyo and Starmer attempts reset in the UK after disastrous local election results

O'Brien: Supreme Court Voting Rights Act Decision Likely Lead to "Redistricting War"
Economy Bloomberg
O'Brien: Supreme Court Voting Rights Act Decision Likely Lead to "Redistricting War"

Bloomberg Opinion Senior Executive Editor Tim O'Brien joins David Gura and Christina Ruffini on Bloomberg This Weekend to analyze the escalating tensions surrounding redistricting in …

Economy Financial Times
There can be no Labour revival if Starmer remains

The prime minister still sounds like an opposition leader

Economy Financial Times
Qatar gas shipment clears Strait of Hormuz after Pakistan-Iran talks

Tanker carrying LNG throws energy lifeline to Islamabad

Trump, Xi Set to Meet for High-Stakes Meeting in Beijing
Economy Bloomberg
Trump, Xi Set to Meet for High-Stakes Meeting in Beijing

President Donald Trump said he’s looking forward to meeting Chinese counterpart Xi Jinping, signaling his plans for the high-stakes summit are still on despite fresh …

Spice Company Wins Suit Over 10% Trump Global Tariffs
Economy Bloomberg
Spice Company Wins Suit Over 10% Trump Global Tariffs

President Donald Trump’s 10% global tariffs were declared unlawful by a federal trade court in a fresh blow to the administration’s economic agenda, just months …

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