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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Jonathan Andic, the Mango heir turned homicide suspect

The son of the fashion brand’s founder is now being investigated for foul play in connection with his father’s death

Economy Financial Times
Gilt relief rally sends yields to biggest weekly drop since 2023

Burnham pledge to stick to fiscal rules and pullback from bets on higher BoE interest rates drive rebound

Economy Financial Times
US parks dozens of military aircraft at Israel’s Ben Gurion airport

Satellite images show at least 50 military tanker planes parked at the airfield in May

Wall Street Wagers on Weaker Canadian Dollar as Inflation Cools
Economy Bloomberg
Wall Street Wagers on Weaker Canadian Dollar as Inflation Cools

Strategists at Deutsche Bank AG, JPMorgan Chase & Co. and Nomura Holdings Inc. are piling up on bets that the Canadian dollar will decline further …

Mercuria Gets October UK Trial in Multibillion Dollar Hormuz Spat
Economy Bloomberg
Mercuria Gets October UK Trial in Multibillion Dollar Hormuz Spat

Commodity trader Mercuria Energy Group Ltd. was granted an early trial over an alleged distortion to the world’s benchmark oil tanker rate that it argues …

Economy Financial Times
China cracks down on illegal cross-border securities trading

Regulator penalises brokerages in effort to close loophole that allowed retail traders to get around capital controls

ECB Chief Says Inflation Expectations Remain On Target
Economy Bloomberg
ECB Chief Says Inflation Expectations Remain On Target

European Central Bank President Christine Lagarde stressed that long-term inflation expectations are still broadly in line with the 2% target, despite deepening fallout from the …

Euro-Zone Wage Growth Slowed Before War Drove Inflation Up
Economy Bloomberg
Euro-Zone Wage Growth Slowed Before War Drove Inflation Up

A key measure of euro-area pay growth slowed, providing some relief to European Central Bank officials worrying about emerging inflation risks from the Iran war.

Economy Financial Times
UK borrowing rises and retail sales slide in April

Strains on economy and public finances come as ruling Labour Party engulfed in leadership crisis

Economy Financial Times
Andy Burnham’s contradictory vision of Greater Manchester

Adaptability has fuelled his popularity, but others critique politician’s shape-shifting and weak policy grip

Economy Financial Times
Japanese inflation unexpectedly slows in April

Government energy subsidies help headline rate slow to 1.4%

China Scrutinizes Firms, Funds After AI-Fueled Stock Moves
Economy Bloomberg
China Scrutinizes Firms, Funds After AI-Fueled Stock Moves

China’s stock exchanges are scrutinizing recent stock rallies that have been fueled by artificial intelligence optimism, asking some listed companies and funds to give more …

Emerging Assets Post Positive Week as Hopes for Peace Deal Grow
Economy Bloomberg
Emerging Assets Post Positive Week as Hopes for Peace Deal Grow

Emerging-market stocks and currencies gained on the week as investors grew increasingly hopeful that the US and Iran are moving closer to a peace deal.

Indonesia to ‘Listen to Market’ on New Commodity Export Body
Economy Bloomberg
Indonesia to ‘Listen to Market’ on New Commodity Export Body

Indonesia is “listening very closely to the market” as it builds a body to oversee key commodity exports, according to Pandu Sjahrir, chief investment officer …

Economy Financial Times
China’s universities offer Mao and Xi courses to help students nail top …

‘Party building’ study seen as part of efforts by Xi Jinping to bolster political education

DeepSeek Founder Avows AGI Goal Ahead of $10 Billion Funding
Economy Bloomberg
DeepSeek Founder Avows AGI Goal Ahead of $10 Billion Funding

DeepSeek’s senior management has told potential investors in its ongoing 70 billion yuan ($10 billion) funding round that the startup will prioritize groundbreaking AI research …

Lenovo Shares Near All-Time High After Strong AI Growth
Economy Bloomberg
Lenovo Shares Near All-Time High After Strong AI Growth

Lenovo Group Ltd. shares were on track to close at their highest on Friday after the company reported strong growth in AI-related earnings that offset …

Economy Financial Times
Has telecoms group Vi turned a corner?

Also in this newsletter: Marco Rubio is coming to India

1,000% Stock Boom Frees Vietnam Tycoon to Pour Cash Into EVs
Economy Bloomberg
1,000% Stock Boom Frees Vietnam Tycoon to Pour Cash Into EVs

Vietnam’s richest person spent billions of dollars of his personal fortune on his emerging electric automaker and other ventures last year as the shares of …

Economy Financial Times
Alberta to hold vote on referendum to separate from Canada

Province’s move bypasses legal block preventing independence poll and poses challenge to Prime Minister Mark Carney

Economy Financial Times
SpaceX scrubs high-stakes test launch of latest Starship spacecraft

Elon Musk’s conglomerate warned in IPO filing that its strategy was ‘highly dependent’ on the massive rocket

Economy Financial Times
Global buyout funds to exit China’s data centres with final $1bn deal

Princeton Digital Group’s sale process caps foreign retreat from the country’s sensitive digital infrastructure

North Carolina Sues VinFast Over Delayed, Downsized Factory
Economy Bloomberg
North Carolina Sues VinFast Over Delayed, Downsized Factory

North Carolina sued Vietnamese electric vehicle maker VinFast Auto Ltd., alleging the company breached agreements tied to a planned electric vehicle and battery manufacturing facility, …

S&P 500 Is Set for Longest Weekly Rally Since 2023: Markets Wrap
Economy Bloomberg
S&P 500 Is Set for Longest Weekly Rally Since 2023: Markets Wrap

Hopes for a deal between the US and Iran that will turn a fragile ceasefire into lasting peace fueled Wall Street optimism, driving stocks toward …

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