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Latest news from trusted sources around the world

Singapore Airlines Net Profit Dragged Down by Air India Woes
Economy Bloomberg
Singapore Airlines Net Profit Dragged Down by Air India Woes

Singapore Airlines Ltd. posted a drop in annual net profit as widening losses at Air India weighed on results amid the broader impact of the …

BlackRock Says French Equities Are ‘Attractively Priced’
Economy Bloomberg
BlackRock Says French Equities Are ‘Attractively Priced’

BlackRock portfolio manager Tom Becker discusses the outlook for euro-zone equities, including in France. "The underperformance of the CAC over the last one, three years, …

Trump Says China Offered Help With Iran as Ship Seized Near UAE
Economy Bloomberg
Trump Says China Offered Help With Iran as Ship Seized Near UAE

US President Donald Trump signaled China is willing to support negotiations with Iran, as he pushes for a diplomatic resolution to end the war and …

Poland’s Economic Growth Miss Set to Temper Rate-Hike Bets
Economy Bloomberg
Poland’s Economic Growth Miss Set to Temper Rate-Hike Bets

Poland’s economic growth slowed more than anticipated in the first quarter, with the fading momentum set to moderate expectations regarding interest-rate increases amid a flare-up …

Britain’s Political Crisis Spooks Crucial Overseas Bond Buyers
Economy Bloomberg
Britain’s Political Crisis Spooks Crucial Overseas Bond Buyers

Bond-market volatility sparked by the UK’s latest political crisis is serving up a reminder that the government can’t take foreign demand for granted.

ECB to Hike If Oil Deanchors CPI Expectations, Kazaks Says
Economy Bloomberg
ECB to Hike If Oil Deanchors CPI Expectations, Kazaks Says

The European Central Bank will need to raise borrowing costs if an increase in crude prices feeds through to inflation expectations, according to Governing Council …

Space Stock Craze Comes to Europe as One UK Fund Quadruples
Economy Bloomberg
Space Stock Craze Comes to Europe as One UK Fund Quadruples

It’s not just US retail investors piling into any asset connected to space exploration. Europeans want in, too.

Xi Says Common Interests Outweigh Difficulties
Economy Bloomberg
Xi Says Common Interests Outweigh Difficulties

Donald Trump and Xi Jinping made their opening remarks at the Great Hall of the People, with Xi saying the common interests between the United …

What India’s Top Three Mutual Funds Bought and Sold in April
Economy Bloomberg
What India’s Top Three Mutual Funds Bought and Sold in April

Indian investors plowed money into equity funds for a 62nd straight month in April, though inflows eased from the previous month.

Iran War Gives Xi The Chance to Rekindle Gas Sales With Trump
Economy Bloomberg
Iran War Gives Xi The Chance to Rekindle Gas Sales With Trump

As the leaders of the world’s two largest economies meet in Beijing, energy markets will be watching closely for any breakthrough in a dispute that …

Sarah Beran on US-China Summit
Economy Bloomberg
Sarah Beran on US-China Summit

Sarah Beran, Former US Embassy Deputy Chief of Mission in Beijing and Partner at Macro Advisory Partners, says both Washington and Beijing have significantly lowered …

S&P 500 Tops 7,500 as AI Fuels Record-Breaking Run: Markets Wrap
Economy Bloomberg
S&P 500 Tops 7,500 as AI Fuels Record-Breaking Run: Markets Wrap

A revival of the artificial-intelligence trade kept fueling momentum in stocks, with the market also rising after retail sales showed signs of consumer strength despite …

Rare Earth Minerals Expected to be Central to Trump, Xi Talks
Economy Bloomberg
Rare Earth Minerals Expected to be Central to Trump, Xi Talks

Lipi Sternheim, CEO of rare earth mining company REAlloys, said that his company is racing to build infrastructure to mine rare earth minerals in North …

Further Flight Cuts Mulled as Air NZ Forecasts Full-Year Loss
Economy Bloomberg
Further Flight Cuts Mulled as Air NZ Forecasts Full-Year Loss

Air New Zealand expects a substantial full-year loss as the Middle East conflict stokes jet-fuel costs, forcing it to cut costs and reduce services.

Venezuela Kickstarts $170 Billion Debt Restructuring Process
Economy Bloomberg
Venezuela Kickstarts $170 Billion Debt Restructuring Process

Venezuela hired a financial adviser as it launches one of the world’s largest-ever debt restructurings, aiming to rework an estimated $170 billion of defaulted bonds …

Bond Investors Flee as Inflation Worry Sends Yields to 2026 High
Economy Bloomberg
Bond Investors Flee as Inflation Worry Sends Yields to 2026 High

Investors are fleeing government bonds after back-to-back US inflation reports this week showed mounting price pressures, sending benchmark interest rates to the highest levels in …

Stocks Climb as Chipmaker Enthusiasm Drowns Out Hotter Inflation
Economy Bloomberg
Stocks Climb as Chipmaker Enthusiasm Drowns Out Hotter Inflation

US equities edged higher on Wednesday as dip buyers overlooked rising cost pressures to snap up profit-generating technology firms after a pullback.

Equinox Gold Agrees to Buy Orla Mining in $5.1 Billion Deal
Economy Bloomberg
Equinox Gold Agrees to Buy Orla Mining in $5.1 Billion Deal

Equinox Gold Corp. agreed to acquire Canada’s Orla Mining Ltd. for about $5.1 billion, the latest in a wave of gold-mining deals as producers seek …

US Firm Building Cobalt Refinery Signs Congo Supply Agreement
Economy Bloomberg
US Firm Building Cobalt Refinery Signs Congo Supply Agreement

A company aspiring to build the US’s first large-scale cobalt processing facility announced an agreement that could allow it to source hand-dug metal from the …

ECB’s Rehn Says Data Show First Sign of Stagflationary Shock
Economy Bloomberg
ECB’s Rehn Says Data Show First Sign of Stagflationary Shock

European Central Bank Governing Council member Olli Rehn warned that data are starting point to stagflation as a result of the Iran war and rising …

China Sees Its Soy Imports Sliding Just as US Farmers Eye Deals
Economy Bloomberg
China Sees Its Soy Imports Sliding Just as US Farmers Eye Deals

China, the world’s top soybean importer, expects purchases to slump in the coming season as its pig herd declines, heightening competition for market share just …

Australian Productivity Chair on Federal Budget
Economy Bloomberg
Australian Productivity Chair on Federal Budget

Danielle Wood, Australian Productivity Commission Chair, discusses her thoughts on the national budget and its implications for boosting productivity in Australia. She speaks with Bloomberg's …

Chinese Oil Supertanker Seen Attempting Strait of Hormuz Exit
Economy Bloomberg
Chinese Oil Supertanker Seen Attempting Strait of Hormuz Exit

A Chinese oil supertanker appears to be sailing out of the Persian Gulf, a rare attempted crossing through the Strait of Hormuz just ahead of …

Australia Fin Min on Federal Budget
Economy Bloomberg
Australia Fin Min on Federal Budget

Katy Gallagher, Australian Minister for Finance, says "uncertainty has made it more challenging to land the federal budget" as the impact of the Iran war …

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