World News Feed
Latest news from trusted sources around the world
Fifa stake sale could work — but not at this price
Commercialisation does not always mean corruption
Yen Gains on Intervention, Reports of Buying By Both US, Japan
US and Japanese authorities extended efforts to shore up the yen on Friday, with the currency strengthening more than 1% against both the dollar and …
Brazil Market Trading Resumes After Widespread Halt Hits B3
Trading across most Brazilian assets resumed Friday, hours after technical issues at the country’s main exchange halted activity for nearly half of the session.
US Stocks Falter as AI-Driven Rally Fades Despite Amazon Blowout
US stocks traded mixed on Friday, erasing earlier gains that were driven by Amazon.com Inc.’s 13% share surge. The company’s stellar results had lifted a …
NY Sues Kalshi for Running an ‘Illegal Gambling’ Operation
New York state authorities sued the predictions-market company Kalshi Inc. for allegedly running an illegal, unlicensed gambling operation in the state, marking another legal hurdle …
Eurozone inflation rises to 2.9% in July
Energy shock will keep ECB on alert ahead of September rate decision
Foreign Investors Shun Nigeria’s World-Beating Equities
Foreign investors shunned Nigerian stocks this year, choosing to focus on fixed-income assets, missing out on a 66% rally that made the market the world’s …
Peter Frankopan on Trump’s Iran ‘War of Choice'
"If you decide to fight a war of choice, it's very hard to win." 'The Silk Roads' author Peter Frankopan tells Mishal Husain why America …
Dollar Heads for Worst Week in Three Months as Fed Doubts Grow
The dollar headed for its worst week in three months on concerns the Federal Reserve won’t move forcefully enough to contain inflation.
Bank of Japan holds rates with hawkish guidance
New forecasts show the central bank to be more confident about activity and inflation
BP puts its UK North Sea business up for sale
Decision to market assets comes after talks with Ithaca Energy
European Stocks Trim Monthly Gain as Novo Nordisk and UMG Slump
European shares erased Friday’s gains, as Novo Nordisk A/S slumped after a failed drug study and Universal Music Group NV sank to a record low …
European Gas Prices Poised for Biggest Monthly Gain Since March
European natural gas prices are poised for their biggest monthly gain since March as the war in the Middle East continues to disrupt global energy …
Swiggy, Eternal Stocks Surge as Zepto’s India IPO Hits Roadblock
Shares of the main competitors to Indian rapid-commerce firm Zepto Ltd. are set for their best month in years after the loss-making company’s planned initial …
BOJ Holds Rate Steady And Upgrades View on Economy
The Bank of Japan kept its policy settings unchanged and nudged its economic growth forecast higher, signaling confidence that the economy remains on track for …
China’s factory activity falls for first time in five months
Official data also shows sharp decline in non-manufacturing activity in July
PBOC’s Weaker Daily Fixing to Temper Yuan Gains, Analysts Say
China’s central bank set the yuan’s fixing at a weaker-than-expected level, a move that some analysts said may indicate a desire to slow the pace …
Asian Stocks Post Biggest Gain in Four Months on AI Optimism
Asian stocks posted their biggest gain in nearly four months as investors piled into chipmakers, after blockbuster earnings from major tech firms reinforced optimism over …
Asian stocks rebound and yen jumps on signs of intervention
Kospi soars as SK Hynix and Samsung regain ground after days of heavy selling
Big Tech AI spending spree tops $1tn
Google, Amazon, Microsoft and Meta have vastly increased their investments since the AI boom began in 2023
HSBC sells $25bn Australia loan book to Blackstone
Mortgage transfer is latest step in global overhaul of Europe’s biggest lender
Hindustan Unilever results show inflation biting in Indian economy
Also in this newsletter: musical chairs in quick commerce
Yen Swings in Choppy Trading as Intervention Rally Sputters
The yen swung between gains and losses after its intervention-driven rally stalled on Friday as the Bank of Japan kept interest rates steady and Governor …
Stock Run Wavers as Bonds Stay Volatile After Fed: Markets Wrap
Wall Street traders sent stocks wavering as a rally in chipmakers waned while further losses in bonds showed the market is struggling to process the …
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