World News Feed
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India’s Private Lenders Bet on Corporate Loan Revival for Growth
India’s top private banks are betting on a sustained pick up in lending after reporting healthy numbers in the first quarter of the fiscal year, …
Jingye Says It Reserves Legal Rights in UK Steel Nationalization
Jingye Steel Co. has reserved all legal rights, including international arbitration, over the UK government’s nationalization of British Steel.
Singapore Eyes Hedge Fund Tax Cuts to Boost Hub Role: FT
The Monetary Authority of Singapore has held talks with investment firms on reducing taxes for fund managers in a bid to maintain the island’s competitiveness …
South Korea Details Plan to Make Won Freely Tradable Abroad
South Korea laid out a detailed plan to make the won freely tradable among foreigners, its boldest step yet to liberalize the foreign-exchange market.
Venezuela’s Official Earthquake Death Toll Rises to 5,119
The official death toll from the twin earthquakes that struck Venezuela last month rose to 5,119, according to National Assembly head Jorge Rodríguez.
Korea’s AI-Heavy Market Now Sets the Tone for Global Stocks
For fund managers in London, New York and Tokyo, a new ritual has emerged before trading gets underway: checking South Korean stocks.
Vanishing CLO Profits Are Sparking Infighting: Credit Weekly
A type of investment that once generated some of Wall Street’s juiciest fixed-income returns has deteriorated so badly that investors are heading for the exits …
Zelenskyy May Fire Commander Syrskyi After Protests, FT Reports
Ukraine President Volodymyr Zelenskyy is considering firing Armed Forces commander-in-chief Oleksandr Syrskyi, the Financial Times reported, following days of turmoil engulfing the country’s military leadership.
Not Done Yet Refunding Tariffs or Realizing AI’s Promise
The markets continue to be dominated by news of artificial intelligence
ICICI Bank’s First-Quarter Profit Beats Estimate as Loans Surge
ICICI Bank Ltd. posted better-than-expected results as India’s second-largest private-sector lender benefited from healthy loan growth across retail and corporate segments.
Kuwait Energy Infrastructure Hit During Intense Iran Attacks
Kuwait suffered one of its worst nights of Iranian retaliatory attacks since the Middle East conflict began, with strikes on an oil facility and a …
Hungary Crackdown on $20 Billion EV Sector Puts China on Notice
Hungary’s $20 billion electric-vehicle industry, which has long enjoyed the protection of former premier Viktor Orban, is facing a reckoning as the country’s new leadership …
RBI Currency Printer Seeks Bids for Polymer Banknote Material
India has invited bids from manufacturers to supply polymer substrate sheets with security features suitable for printing of Indian banknotes.
China Urges Better Cooperation With Kyrgyzstan on Green Minerals
China urged stronger cooperation with Kyrgyzstan across the green minerals industrial chain, while calling for the protection of the rights and interests of Chinese companies …
China’s Siemens Competitor Eyes Buying Its Way Into Europe
Shenzhen Inovance Technology Co. Ltd. is considering acquisitions in Europe, signaling the Chinese company is readying a push to compete in Europe with industrial incumbents …
India Moves Against Youth Protesters Before Parliament Session
Indian authorities moved against protesters in New Delhi ahead of demonstrations against unemployment and alleged examination scams, as the movement adds pressure on Prime Minister …
China Solar Cell Exports Extend Decline in June
China’s solar cell exports fell for a second month in June, an indication that overseas demand is weakening after a surge in shipments earlier in …
China Seeks Stable, Transparent Mineral Rules From Indonesia
China said it hopes Indonesia can provide a stable and transparent policy environment for its mineral sector, as the two countries deepen economic ties.
Sheinbaum, Carney to Watch World Cup Final With Trump
Mexican President Claudia Sheinbaum and Canadian Prime Minister Mark Carney will travel to the US to attend Sunday’s World Cup final on President Donald Trump’s …
Baker Tilly Eyes $3 Billion in Debt to Replace Private Credit
Deutsche Bank AG is preparing to sell about $3 billion in debt markets for accounting services firm Baker Tilly Advisory Group to refinance private credit …
Gauge of Oracle’s Credit Risk Hits Fresh All Time High
A measure of Oracle Corp.’s credit risk hit a record high on Friday as concerns grew about both the company’s aggressive cash-burn and the future …
AI Upheaval Crushes Retail Traders Crowding Into Leveraged Funds
A surprise breakthrough from Chinese startup Moonshot rippled through global markets Friday, sending AI and semiconductor stocks sharply lower and reviving memories of last year’s …
Martin Shkreli Is Back, Shorting Stocks and Taking On Everyone
Martin Shkreli wants to make one thing clear to anyone who’s willing to listen: He’s back and he still doesn’t care how many people he …
Sweetgreen Pares Drop as Parasite Tied to Taco Bell Lettuce
Sweetgreen Inc. shares surged on Friday, halting a four-day skid, after US regulators said a parasite outbreak that’s sickened thousands across several states was traced …
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