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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Japan vows further yen intervention with US if needed

Finance minister Satsuki Katayama confirms joint action with Washington to counter ‘disorderly movements’

Economy Bloomberg
India Raises Fuel Export Tax to Build Stocks on War Concerns

India increased levies on exports of oil products to bolster domestic fuel stockpiles while global supplies remained tight despite a pause in fighting between the …

Economy Financial Times
Iranian tanker tolls: totally legit after all?

Nice Suezmax you’ve got there. Shame if something happened to it

Economy Bloomberg
Senators Urge CFTC to Curb Wildfire Prediction Market Bets Over Arson Concerns

A group of Democratic senators urged the Commodity Futures Trading Commission to rein in prediction market trading on wildfires, expressing concern that individuals could be …

Economy Financial Times
Time for Andy Burnham to smile on UK science

Waning support for basic research threatens Britain’s technology ambitions

Economy Financial Times
Can Democrats win over the working class?

A new report shows that the party can’t take disillusioned Trump voters for granted

Economy Financial Times
Why Burnham is wrong about education and opportunity

Success in adulthood is not just about connections

Economy Bloomberg
Rocky Debut for India Closing Auction Sparks Worries Over Expiry

India’s weekly derivatives expiry will be closely watched on Tuesday after a new closing auction system unexpectedly pushed the NSE Nifty 50 Index higher on …

Economy Bloomberg
Trump Family-Linked Bitcoin Miner Posts Second-Quarter Loss

American Bitcoin Corp., the Trump family-backed miner launched last year just before the cryptocurrency tumbled from record highs, posted a third consecutive quarterly loss after …

Economy Bloomberg
Whole Foods is Shedding the "Whole Paycheck" Label

Under Amazon, Whole Foods is shedding its "whole paycheck" reputation. The chain has cut prices and expanded private label selection in a bid to attract …

Economy Bloomberg
Morgan Stanley’s Wilson Tips Earnings to Revive Momentum Trade

Momentum-style equity investing is poised to rebound from a sharp retreat as sectors with strong earnings replace chip stocks in leading the market’s gains, Morgan …

Economy Bloomberg
Investors Slash Zepto’s Valuation, Delaying India IPO Plans

Zepto Ltd. faced a 68% cut to its valuation during its initial public offering roadshow last month, prompting the Indian rapid-commerce firm to delay its …

Economy Financial Times
Don’t let tax rows eclipse the fundamentals of social care

Like in the case of wind power, agreement on the big structural issues is much more important than finance

Economy Financial Times
Team America: Yen police

A puzzling intervention

Economy Financial Times
Beefing with the Big Mac Index

McDonald’s signature burger offers economic lessons — but not about purchasing power parity

Economy Bloomberg
EchoStar Unit Hughes Satellite Files for Bankruptcy as Debt Falls Due

Hughes Satellite Systems Corp. filed for Chapter 11 bankruptcy protection on Sunday, saying intensifying competition was undermining its core broadband business.

Economy Bloomberg
Emerging-Market Currencies Trade Mixed as US-Iran Tensions Ease

Emerging-market currencies were mixed on Monday as investors weighed signs of easing tensions between the US and Iran against the fading appeal for carry trades …

Economy Bloomberg
US-China AI Rivalry Grows With Alibaba's Anthropic Rival

New Chinese AI models including Alibaba's flagship system that claims performance similar to Anthropic’s Fable is intensifying the rivalry between China and the US over …

Economy Bloomberg
Benchmark Firm: China AI Models Still Lag US Rivals

Micah Hill-Smith, CEO of AI model benchmarking platform Artificial Analysis, says his firm's analysis shows that leading Chinese AI models continue to lag their US …

Economy Bloomberg
Hang Lung's Chan on Hong Kong's Property Recovery

Adriel Chan, Chairman of Hang Lung Properties, says the recovery in Hong Kong's commercial real estate sector feels "very real." He discusses the industry and …

Economy Bloomberg
US Uses Euros to Buy Yen to Avoid Weaker Dollar, Strategists Say

The US Treasury may be using euros rather than dollars to fund its yen purchases to avoid weakening its own currency and casting doubt on …

Economy Bloomberg
China Factory Slump Reinforces Signs of Economic Slowdown

China’s manufacturing activity for export-oriented firms unexpectedly slowed in July, according to a private survey, adding to signs of economic weakness.

Economy Bloomberg
Chinese Government Bond Futures Kick Off Trading in Hong Kong

A new set of Chinese government bond futures completed their debut in Hong Kong, in a relatively steady start to authorities’ third attempt to use …

Economy Financial Times
UK graduate job openings fall to lowest level since pandemic

Indeed’s findings point to challenge facing Andy Burnham to boost youth unemployment and cut welfare bill

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