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Latest news from trusted sources around the world
Chinese robot maker’s IPO 5,500 times oversubscribed by retail investors
Unitree raises $900mn ahead of Shanghai listing expected later this month
Hong Kong May Expand Tax Breaks to Trading Firms, FT Says
Hong Kong regulators may include trading firms such as Jane Street and Citadel Securities in a sweeping new tax regime that has already boosted the …
How to fix the housing crisis | John Burn-Murdoch
How housing shortages reached a crisis point, and what we can do about it
Hong Kong set to include trading firms in ‘big bang’ tax reforms
Proposal is part of push by the Chinese territory to compete with Singapore for top-tier financial talent
Nifty 50 Inclusion Could Boost BSE as NSE Gears Up For Listing
The inclusion could lead to passive flows of about $741 million into BSE.
Yen sinks as effect of US-Japan intervention fades
Currency gives up roughly half its gains from joint action with investors citing lack of ‘unified voice’ among central banks
India to allow charges on wildly successful digital payment system
Also in this newsletter, more tariff threats
Communist Vietnam bets on Korean-style ‘chaebols’ to boost growth
Hanoi prioritises homegrown conglomerates after relying on trade and foreign investment
JBS heir to become CEO of world’s largest meatpacker
Wesley Batista Filho’s move to the top role will restore control of the company to its founding family
Gold Climbs Above $4,400 as Traders Turn Focus to US Inflation
Gold advanced to a two-month high above $4,400 an ounce ahead of a key US inflation report that could provide fresh clues to the Federal …
S&P 500 Wavers as Oil Rises Before Inflation Data: Markets Wrap
Wall Street traders refrained from making big bets on stocks and bonds ahead a key inflation report as oil prices resumed their advance.
Latest Oil Market News and Analysis for Aug. 11
Oil held a four-day gain after President Donald Trump made sweeping new demands on Iran, complicating the outlook for a deal to reopen the crucial …
Outsiders Pay $6,500 for Help With Sorority Rush
The push by young women to gain acceptance into sororities at large schools in the Deep South has led to an increase in demand for …
Trump Touts $3B in Mineral Project to Counter China
During a recent meeting with top industry executives, the US President announced $3 billion in investments aimed at strengthening the domestic critical minerals and mining …
Wall Street giants partner with Nvidia on $500bn AI financing deal
Apollo, Blackstone and Goldman Sachs are among groups working with chipmaker to raise capital for data centre boom
Iran’s supreme leader tightens grip with top appointments
A raft of senior military and regime moves come as Tehran hardens its rhetoric over deal with US
Burnham to crack down on vape and betting shops in bid to …
Councils will be given extra powers to curb unwanted retailers and ‘bring town centres back to life’
Hims & Hers Lowers Profit Forecast, Shares Drop
Hims & Hers Health shares are down after the telehealth firm reduced the top end of its adjusted Ebitda forecast for the full year. Madison …
Chicago Taps Fitch Senior Director as New CFO Amid Rash of Exits
Chicago is hiring Ashlee Gabrysch, a senior director at Fitch Ratings, as its next chief financial officer, according to a person familiar with the matter.
Colombian earthquake kills at least 111
7.4-magnitude earthquake flattens buildings in the cities of Cali, Pereira and Manizales
Gautam Adani Wins Dismissal of US Securities Fraud Charges
Gautam Adani won dismissal of US securities fraud charges, ending a blockbuster case that threatened the expansion of the Indian billionaire’s giant conglomerate.
Glencore-backed group looks to rescue cobalt refiner Sherritt
New consortium is the second major investor aiming for control of North America’s only cobalt refinery
Record Sales of Catastrophe Bonds Driven by Wildfires
Tanja Wrosch, head of cap bond portfolio management at Twelve Capital, joined to discuss the recent surge in catastrophe bond sales. The segment highlighted how …
Investors Abandon Hedges in Order to Chase Soaring Stocks
Demand for protection against a drop in stocks has fallen to the lowest level since US President Donald Trump’s capitulation on tariffs last year, as …
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