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Latest news from trusted sources around the world

Economy Bloomberg
Laopu Gold Sees Earnings Growth Slowing as Bullion Retreats

Laopu Gold Co. expects a slower first-half revenue growth as demand for the Chinese luxury jeweler’s products weakened in recent months amid dropping bullion prices.

Economy Bloomberg
Corn and Soybeans Fall on US Weather, Pause in US-Iran Strikes

Corn and soybean futures slumped the most in months, following a sharp drop in crude oil after the US paused nearly two weeks of daily …

Economy Bloomberg
Innolight Is Said to Price $6.8 Billion HK Listing Below Top

Zhongji Innolight Co. has raised HK$53.4 billion ($6.8 billion) after pricing its Hong Kong listing below the maximum offered, according to people familiar with the …

Economy Bloomberg
Warjiyo’s Departure Raises Scrutiny on BI Policy, Analysts Say

Bank Indonesia Governor Perry Warjiyo’s resignation is expected to heighten uncertainty and volatility across the nation’s financial markets, with analysts citing concerns over policy direction …

Economy Bloomberg
CATL Surges After Share Buyback Plan, Strong First-Half Profit

Contemporary Amperex Technology Co. Ltd. shares jumped in China after the world’s biggest electric-vehicle battery manufacturer unveiled a buyback plan following strong earnings for the …

Economy Bloomberg
Major Brands Sell China Tomatoes as Aussie-Grown, ABC Says

Several major food brands in Australia are selling tomato products grown in China as domestically produced, with forensic testing showing some are sourced from the …

Economy Bloomberg
Stocks Fall as Chipmaker Rout Outweighs Oil Drop: Markets Wrap

A selloff in chipmakers sent stocks falling, offsetting a sharp decline in oil prices as pressure keeps building for the biggest spenders on artificial intelligence …

Economy Bloomberg
Latest Oil Market News and Analysis for July 27

⁠⁠Oil sank after the US paused strikes against Iran, easing tensions even as the Houthis claimed attacks against Saudi targets.

Economy Bloomberg
Kiwi Will Outpace Euro on Widening Rate Gap, Strategists Say

New Zealand’s dollar is set to rise to the strongest in more than a year against the euro due to expectations the local central bank …

Economy Bloomberg
Kioxia Faces More Volatility as Leveraged ETFs Hit Japan Stocks

Kioxia Holdings Corp. faces more wild price swings with leveraged exchange-traded funds tracking the Japanese memory chipmaker’s shares set to be listed in the US.

Economy Bloomberg
Bond Traders on Edge as Risks of Fed Rate Hike This Week …

Bond traders enter the week seeing a better than one-in-three chance that the Federal Reserve hikes interest rates on Wednesday after flaring Middle East tensions …

Economy Bloomberg
Traders Are Getting a New Tool to Wager on the Biggest US …

Investors will soon have another way to bet on the hottest stocks from Nvidia Corp. to SpaceX, without trading a single share.

Economy Bloomberg
Big Tech Earnings Slam Into a Market in Revolt Over AI Spending

For years, US technology giants had a tacit agreement with investors: The companies could spend lavishly on artificial intelligence, and the stock market would reward …

Economy Bloomberg
Brazil ETF Market Triples in Boom for New Latin America Funds

Exchange-traded funds are cropping up at a fast clip in local markets across Latin America as investors flock to a swath of new products tailored …

Economy Bloomberg
Modi Punctured as Awakened India Students Force Retreat

For much of Narendra Modi’s 12 years ruling India, he’s looked nearly unbeatable at the polls. This weekend he swiftly yielded to a group that …

Economy Bloomberg
Barrick Evacuates Chile Workers by Helicopter After Storm

Barrick Mining Corp. said it safely evacuated workers who had been stranded in their Barriales camp in northern Chile after severe storms blocked road access.

Economy Bloomberg
Australian Prime Minister Albanese to Press Trump on New Tariffs

Australian Prime Minister Anthony Albanese said he will appeal directly to President Donald Trump over new tariffs announced by Washington, describing the levies as unjustified.

Economy Bloomberg
Iraq to Sign Agreement with Syria on Building of Oil Pipelines

Iraq will sign an agreement with Syria on the construction of pipelines linking oil production sites to global export markets via the Mediterranean, according to …

Economy Bloomberg
The ‘Trump Trade’ Is Turning Into a Loser in the Stock Market

When Donald Trump was elected to a second term as president, amateur and professional traders alike rushed to identify which stocks would benefit from his …

Economy Bloomberg
Austin’s Mayor Tackles Housing Affordability, and Canada Faces New Tariffs

Former trade negotiator says don’t underestimate Canada’s ire

Economy Bloomberg
Heat Bakes Central US, Raising Energy Demand as East Stays Cool

Baking temperatures will sear the central US from the Rocky Mountains to the Mississippi River and eventually push down into the Gulf Coast for the …

Economy Bloomberg
Big Tech Debt Flood Is Taking Over Risk In Market: Credit Weekly

Big Tech’s insatiable appetite for AI investment is unleashing a relentless wave of bond sales — and having a bigger impact on the US corporate …

Economy Bloomberg
Ukraine Seeks 30-Year Energy Pact With Canada, Minister Says

Ukraine is looking to sign a 30-year strategic energy agreement with Canada and proposing an “energy security bridge” focused on the supply of Canadian LNG, …

Economy Bloomberg
Charting the Global Economy: Growth Picks Up, AI Boom Continues

Applications for US unemployment benefits fell last week to an almost 60-year low, adding to signs of a stable labor market that will allow the …

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