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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
How the UK can be cleverer about stamp duty

Complaints about stamp duty are as old as the tax

Economy Bloomberg
Segro Rejects £13.5 Billion Cash and Share Prologis Offer

Prologis Inc. has increased its outline bid to buy Segro Plc to £13.5 billion ($18.2 billion) and offered a series of sweeteners as it seeks …

Economy Bloomberg
Latin America Outperforms as Emerging Market Currencies Gain

Emerging-market currencies gained to start the week, with Latin American names getting a boost from a drop in volatility which further boosts their carry appeal.

Economy Bloomberg
NZD: Hedge Funds Amass Biggest New Zealand Dollar Net Short Since 2006

Leveraged funds have taken their short positions on the New Zealand dollar to a record high, betting that a recent rebound in global oil prices …

Economy Bloomberg
India Private Banks See Corporate Loans Rise as Bond Yields Climb

Managements sounded fairly confident that credit demand will hold up.

Economy Bloomberg
Innolight Gauges Interest for $8 Billion Hong Kong Listing

China’s Zhongji Innolight Co. is starting to gauge investor demand for its Hong Kong listing, according to terms of the deal seen by Bloomberg News, …

Economy Financial Times
US launches fresh Iran strikes as death toll climbs

Service member dies in ‘controlled’ drone detonation after two soldiers killed in Jordan with another missing

Economy Bloomberg
Tungsten Miner’s Stock Jumps as Billionaire Forrest Buys Stake

EQ Resources Ltd. shares surged after mining billionaire Andrew Forrest agreed to acquire a 16.8% stake in the Sydney-listed tungsten producer from Oaktree Capital Management …

Economy Bloomberg
INR/USD: HSBC Offers Indian Diaspora 19x Leverage on FCNR(B) Deposits

When Moumita Shome landed in Dubai from Australia last month, the calls from bankers started almost immediately.

Economy Financial Times
The AI revolution takes on the world’s most cyclical industry

Massive investment plans lead to investor fears of a new boom and bust in memory chips

Economy Financial Times
Spain beat Argentina to win World Cup for second time

Extra-time winner from Ferran Torres is decisive moment in tight but completely one-sided final

Economy Bloomberg
Gold Steadies as Traders Assess Rates Path Amid US-Iran Conflict

Gold steadied after escalating US-Iran clashes over the weekend were followed by reports of mediation efforts, with traders assessing the likelihood of the Federal Reserve …

Economy Financial Times
FirstFT: Singapore weighs tax cuts for fund managers to rival Hong Kong

Also in today’s newsletter: US-Iran war expands and EU faces crumbling support for new Russia sanctions

Economy Bloomberg
Stocks, Bonds Fall as US-Iran Risks Whipsaw Oil: Markets Wrap

A renewed bout of oil volatility sent stocks lower, with concerns about an escalation in Middle East hostilities outweighing attempts to bring about a pause …

Economy Bloomberg
Latest Oil Market News and Analysis for July 20

Oil edged up in a fraught session as traders grappled with a barrage of headlines that suggest a worsening of the Middle East conflict, as …

Economy Bloomberg
Korea President’s Stock Dream Bumps Into Leveraged ETF Backlash

South Korea’s most closely watched stock-market innovation is morphing into a headache for President Lee Jae Myung.

Economy Financial Times
Andy Burnham plans beefed-up control centre in Downing Street

Incoming prime minister wants to be less reliant on ‘imperial’ Treasury as he bids to restore confidence in government

Economy Bloomberg
Aussie’s Slide Versus Kiwi to Slow on Rate Gap, Strategists Say

The Australian dollar’s steep selloff against its New Zealand counterpart is set to slow, with analysts saying Australia’s higher interest rates and a key technical …

Economy Financial Times
Boeing says it will be ready to fund new plane programme by …

US group expects to have firepower to start work on 737 Max successor but warns that demand may be more of a constraint

Economy Financial Times
Burnham’s British reboot begins

‘King of the North’ comes south, ECB rate decision, Trump returns to a rescheduled White House correspondents’ dinner

Economy Bloomberg
Bond Traders Take Warsh at Word, See Inflation Fight Continuing

Bond traders and Federal Reserve Chairman Kevin Warsh are in agreement on a crucial point: The central bank’s fight against inflation still seems far from …

Economy Bloomberg
Tropical Storm Watches Posted Across Florida’s Panhandle Region

A tropical storm watch has been issued for the Florida Panhandle as the Atlantic’s next event takes shape off shore.

Economy Financial Times
Burnham to maintain ban on North Sea exploration licences

Decision criticised by oil and gas industry as well as trade union

Economy Financial Times
UK must focus on insiders vs outsiders not north vs south

Economists and politicians want to boost growth, but it must include people on the periphery of hotspots

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