World News Feed
Latest news from trusted sources around the world
Olympian Gabby Thomas On Building a New Track League
The world of track and field is quite unstructured, with each race coordinated by a different entity and paychecks few and far between. A new …
Korea Mulls Banning Unlicensed Foreign Banks’ Global Bond Deals
South Korea is considering regulations to prohibit investment banks without domestic securities licenses from seeking to arrange overseas bond sales of local issuers, according to …
Vietnam’s Long Thanh Airport Faces Uphill Battle to Open on Time
Vietnam’s new Long Thanh International Airport faces significant challenges to meet its December opening deadline, prompting the government to order round-the-clock construction to get the …
Singapore Bank Shares Tumble as Yield Surge Threatens Earnings
A selloff in Singapore bank shares deepened after JPMorgan Chase & Co. warned that surging long bond yields will hurt third-quarter earnings for Southeast Asian …
Japanese Equities Decline as Topix Weighting Announcement Weighs
Japanese equities were down for a second day as changes to TOPIX weightings prompted selling in stocks set to see their index presence reduced.
Gold Recovers as Chinese Buyers Return From Weeklong Holiday
Gold recovered from a two-month low as Chinese buyers returned from a weeklong holiday that kept activity muted in Asian markets, while traders assess the …
Stocks and Treasuries Decline as Brent Tops $102: Markets Wrap
A global stock rally that brought equities within striking distance of an all-time high lost further ground as oil jumped on renewed Middle East tensions, …
Latest Oil Market News and Analysis for Oct. 8
Oil gained after a report that the White House asked the Pentagon to draw up strike options against Iran that could be executed before the …
Braskem Creditors Balk at Restructuring Plan as Deadline Looms
Braskem’s creditors shunned another restructuring proposal made by the company and its shareholders ahead of a key Oct. 9 deadline for a deal to rework …
Saudi-Led Forces Claim Ground Advances Against Houthis in Yemen
Yemen’s internationally-recognized government, backed by Saudi Arabia, claimed to have regained territory from the Houthis, as fighting in the region near the Bab el-Mandeb strait …
Longshots Losing 98% of Time Dominate Kalshi, Polymarket Trading
Prediction markets tout themselves as “truth machines,” but trading data shows a lot of casino-like bets.
New York’s Record Profits, Hidden Risks
Wall Street is racking up a potential record $90 billion in profits, supercharging New York’s tax revenues—but is this AI-fueled boom built to last? New …
Constellation Brands Down on Earnings; Intel Up on Terafab | Stock Movers
On this episode of Stock Movers: - Constellation Brands (STZ) is lower after the maker of Modelo Especial and Corona Extra reaffirmed its comparable earnings …
Farm Machinery Shares Drop on US Probe Into Market Practices
Shares of farm equipment manufacturers including Deere & Co. plunged after the Federal Trade Commission and the US Department of Agriculture launched an inquiry into …
Syria Eyes Doubling Oil Output in a Year as Investors Return
State-owned Syrian Petroleum Co. plans to more than double crude production in a year and ramp up oil refining as foreign operators return, according to …
Boots Sold for $8.9 Billion as Canada’s Westons Re-Enter UK
The Canadian branch of the billionaire Weston family agreed to buy health retailer Boots for $8.9 billion including debt, the latest change of hands for …
Oasis Urges Nidec to Seek a Buyout, Warns of Delisting Risk
Nidec Corp., the embattled Japanese electric motor maker, is being urged to consider putting itself on the auction block by an activist investor, a sign …
India Signals More Rate Hikes Ahead
Higher borrowing costs may be here to stay in India. With inflation pressures building from a weak monsoon, oil at $100 a barrel and a …
Kioxia’s Weighting on Topix Index to Rise After JPX Review
Japan Exchange Group Inc. announced that Kioxia Holdings Corp.’s weighting on the benchmark Topix index will rise, fueling expectations that passive inflows will provide support …
Hong Kong Tech Index Expands Members to 50 In Major AI Overhaul
Hong Kong’s main technology stock benchmark is expanding its number of constituents to 50 from 30 in a major revamp to better represent the fast-growing …
Euro Slides as Traders Look Beyond the Dollar for Bearish Bets
The euro fell against all G10 peers as investors worried about regional fiscal and political risks looked beyond the dollar to bet against the common …
Volkswagen Sets Aside £725 Million for UK Car Finance Payout
The UK financing arm of Volkswagen AG has made a £725 million ($960 million) provision to cover the costs of a plan to compensate British …
Can India Close Its Huge Pension Gap?
Fewer than 30% of Indians have access to a retirement account, even as the number of people over 60 is set to more than double …
Japanese Beer Maker Shares Drop on Price-Fixing Probe
Shares of Japanese beer makers fell after the nation’s competition authority started investigating them over suspected price fixing.
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