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Japan’s yen jumps 3% as speculation over intervention swirls
Currency on track for one of its biggest moves in recent years amid growing calls for action to arrest slide
Saudi economy shrinks as Middle East conflict takes heavy toll
GDP contracted by 4.8% in second quarter compared with same period in 2025
Declining PCE inflation in June likely to be reversed in July
Higher energy prices this month will send the inflation gauge back up
Yen Surges as Nikkei Says Japan Intervened in Market Again
The yen soared by the most in more than two years against the US dollar, with Japan’s Nikkei newspaper reporting that officials stepped in once …
Reform UK stands by Farage aide George Cottrell amid financial scrutiny
Metropolitan Police are investigating donations made by mother of long-term party figure
Chile Sends Mixed Signals on Private Capital in Codelco
Chilean authorities sent mixed messages on the future of copper giant Codelco as the finance minister opened the door to private capital while the company’s …
Eurozone economy grew 0.4% in second quarter despite Middle East energy shock
Economists had expected a slower pace of expansion
PGIM Sees Hawkish Fed Tilt in September With Three Hikes
PGIM Credit Global Economics Deputy Head Katharine Neiss discusses the Federal Reserve's decision to leave interest rates unchanged on Wednesday, saying Chairman Kevin Warsh delivered …
US launches strikes on Iran after Trump vows to deliver ‘beating’
Attack comes day after Tehran launched ballistic missiles at American forces
Beijing pledges faster spending to support China’s economy
Xi Jinping says country needs to ‘tap the potential of domestic demand’
Credit Buyers Seek Refuge in Short-Dated Debt to Dodge Rate Risk
Investors are embracing shorter-term corporate debt, locking in elevated yields while limiting their exposure to interest-rate volatility and market swings.
Lloyds Banking Group CEO on Earnings, 2030 Plan
Lloyds Banking Group Chief Executive Officer Charlie Nunn speaks on Bloomberg Television after the lender's second-quarter earnings beat estimates and the bank unveiled a blueprint …
Danantara Dollar Bond Plan Grapples With Global Volatility
Indonesian sovereign wealth fund Danantara’s planned dollar notes are unlikely to price quickly as a global bond rout clouds debt issuance, people familiar with the …
‘My life’s screwed’: Korean investors stress out after AI bubble bursts
Millions suffer ‘unprecedented’ losses after Samsung and SK Hynix stock tumbles
BoE expected to ‘talk tough’ but leave rates on hold
Decision comes against backdrop of renewed volatility in energy prices
US borrowing costs hit 19-year high as Fed defies inflation fears
Central bank holds rates even as investors worry Iran war will ignite jolt of price growth
Ukraine’s ex-defence minister blames procurement reforms for dismissal
Fedorov interview offers his most detailed account of sacking that triggered wave of protest
Rolls-Royce raises 2026 targets after profits beat expectations
Strong demand for UK aero-engine group’s civil and military engines boosts earnings
US-Iran Talks ‘Ongoing’ to Normalize Situation, Pakistan Says
The negotiations between the US and Iran are “ongoing” to restore stability, particularly in the Strait of Hormuz, Pakistan’s Foreign Ministry spokesperson Tahir Andrabi said …
Shell Profit Surges to $9.8 Billion on Oil Trading and Refining Gains
Shell Plc said second-quarter profit soared to the highest since the outbreak of the Ukraine war as conflict in the Middle East fuels a boom …
Australia, NZ Seen Switching to Next-Day Settlement by 2030
New Zealand and Australia are expected to join a global transition to next-day settlement of stock transactions within five years, once key clearing and settlement …
Eastspring's Wong on Opportunities Amid AI Volatility
Ken Wong, Asian Equity Portfolio Specialist at Eastspring Investments, breaks down where investors can find opportunities amid an on-and-off selloff in AI-related equities, pointing to …
Japan’s Two-Year Bond Sale Demand Weaker Than 12-Month Average
Japan’s two-year government bond auction Thursday saw lower demand than the 12-month average amid growing expectations of central bank tightening.
Chubu and Tokyo Electric Slide as High Fuel Costs Curb Profits
Chubu Electric Co. and Tokyo Electric Power Co. shares fell after the Japanese utilities said their quarterly earnings were impacted by surging fuel costs, which …
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