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Latest news from trusted sources around the world
US tech stock correction likely, warn ECB economists
Boom-bust pattern could become ‘question of financial stability’ for euro area, central bank team writes in blog post
The realignment of the Middle East
Iran conflict is reshaping alliances in a way neither America nor Israel foresaw
Reform’s deputy leader tells Britons to ‘enjoy’ heat amid record drought
Richard Tice’s call for people to ‘celebrate’ hotter weather comes as farmers warn of one of the worst harvests on record
Hong Kong Exchange Renews CEO Chan’s Contract as IPOs Boom
Hong Kong Exchanges & Clearing Ltd. has extended Chief Executive Officer Bonnie Chan’s contract for a three-year term from March 2027, as the bourse rides …
Ascend Sport Said to Mull Listing in Up to $740 Million Merger
Switzerland’s Ascend Sport Technology AG is exploring strategic options, including a reverse merger with a listed shell company that could value the firm between 500 …
Dollar Extends Slide as Traders Scale Back Fed Tightening Bets
The dollar fell to its weakest level in three months as investors scaled back expectations for further Federal Reserve interest-rate increases following a run of …
Japanese second-quarter growth weaker than expected
Households and businesses pulled back in the worst months of the Iran energy shock
People are worried about America’s solvency
But not worried enough to actually do anything about it
China investment slump deepens as economy shows signs of weakness
Industrial output growth slows and retail sales nearly flat as policymakers face calls to step up support
China Reserve Gauge Hits 12-Year High, Smoothing Yuan Rise
China’s key gauge of reserve assets saw its biggest quarterly rise in more than 12 years as authorities absorbed heavy foreign currency inflows, a move …
What I read on my holidays
Muddled thinking about vocational education and fixing the driving test backlog
China's Xi Touts Military, Economic Agenda at Key Event
Here are scenes from Chinese President Xi Jinping's speech at an event marking the centenary of Jiang Zemin’s birth. (Source: Bloomberg)
EM Currencies Rise on Softer Dollar and Stronger Risk Appetite
An index tracking developing-world currencies gained Monday as fading bets on a Federal Reserve interest-rate hike next month undercut the dollar and supported risk appetite.
Korea Eximbank to Lend $1 Billion to Glencore for Copper Supply
Export-Import Bank of Korea will lend $1 billion to commodities giant Glencore Plc in exchange for copper supply to South Korean companies, as the country …
Indonesian Developer Modernland Seeks Bond Restructuring Again
Distressed Indonesian property firm PT Modernland Realty is seeking to restructure a dollar bond for a second time, highlighting liquidity challenges facing the builder of …
Copper Heads Toward Record High on LME as Supply Tensions Build
Copper rose toward a record, with a key price spread in London widening to unusual levels in a sign of intense competition for supply.
The CEO trying to outsmart buyout firms
Bob White adopts private equity-style tactics to deflect takeover interest and boost share price
The next China shock will come from open-source AI
Countries adopting Chinese models will also absorb Chinese standards and governance
India’s sweltering nights expose power crunch
Rise in evening temperatures and air conditioning demand leaves gap in renewable energy supply
Trump says US will scale back military drills with South Korea
President claims the joint exercises send a ‘hostile’ message to North Korea
China’s energy strategy vindicated by Iran war
Playbook is likely to be adopted by other countries, shaping markets
‘Too Big to Ban’ WuXi AppTec Gains 100% on GLP-1 Chokehold
The Pentagon’s designation of WuXi AppTec Co. as a Chinese military company may have prompted some US clients to pull back, but investors are still …
Stocks Churn as US-Iran Risk Offsets Chip Rally: Markets Wrap
Wall Street traders sent stocks and bonds wavering as fresh Middle East violence stoked concerns about an escalation of the war that has jolted global …
Latest Oil Market News and Analysis for June 17
Oil rose as fresh fighting in Lebanon and attacks on vessels in the Strait of Hormuz muddied the outlook for a deal to end the …
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