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Latest news from trusted sources around the world

US Stocks Fall on Mounting War Tensions, Higher PPI Before Fed
Economy Bloomberg
US Stocks Fall on Mounting War Tensions, Higher PPI Before Fed

US stocks fell Wednesday as Iran pledged to retaliate after Israel attacked a key natural gas field and US inflation data came in higher than …

Markets Dismissing Risks From Iran War Energy Shock: BNP
Economy Bloomberg
Markets Dismissing Risks From Iran War Energy Shock: BNP

Sophie Huynh, portfolio manager and strategist at BNP Paribas Asset Management, discusses the impact of the ongoing conflict in the Middle East on markets. Speaking …

Ares Leads €300 Million Continuation Fund for Bakery Europastry
Economy Bloomberg
Ares Leads €300 Million Continuation Fund for Bakery Europastry

Ares Management Corp. is leading a continuation fund for frozen baked goods firm Europastry SA, owned by MCH Private Equity.

Economy Financial Times
What Reeves misses in pursuit of ‘securonomics’

UK is too slow to boost defence spending while underfunding areas of comparative advantage

India’s ReNew Energy to Secure $800 Million Refinancing Loan
Economy Bloomberg
India’s ReNew Energy to Secure $800 Million Refinancing Loan

Renew Energy Global Plc is set to secure an about $800 million foreign-currency loan, according to people familiar with the matter, in what would be …

Goldman Expects Continued Rebound in Market for European IPOs
Economy Bloomberg
Goldman Expects Continued Rebound in Market for European IPOs

Goldman Sachs Group Inc. sees a double-digit pipeline of potential initial public offerings in Europe this year, even as geopolitical tension in the Middle East …

Economy Financial Times
Rayner warns Starmer his government is ‘running out of time’

Former deputy prime minister’s intervention comes ahead of local election in May

China Close to Tapping Commercial Oil Stockpiles, FGE Says
Economy Bloomberg
China Close to Tapping Commercial Oil Stockpiles, FGE Says

China, the world’s biggest crude importer, is close to tapping its vast commercial oil reserves as the Middle East war shows no signs of ending, …

Economy Financial Times
K-shaped consumer credit

Plus, investing in the Ukraine build-out

Economy Financial Times
EU countries see echoes of Syrian migration crisis in Iran war fears

Also in this newsletter: Europe’s Greens make a pitch to join the centrist coalition

Economy Financial Times
FirstFT: Iran war turns shipping market into ‘wild west’

Also in today’s newsletter: UAE tax rules and EU bank capital requirements

Investors Can Handle What’s Happening in Hormuz
Economy Bloomberg
Investors Can Handle What’s Happening in Hormuz

Earnings forecasts are still holding up share prices despite war’s surprises.

Singapore’s Largest Taxi Firm Raises Fares as Fuel Prices Climb
Economy Bloomberg
Singapore’s Largest Taxi Firm Raises Fares as Fuel Prices Climb

ComfortDelGro Corp., Singapore’s largest taxi operator, will raise fares temporarily as it moves to shield cabbies from surging fuel costs driven by a global energy …

Philippines in Talks With China and Russia on Fertilizer Supply
Economy Bloomberg
Philippines in Talks With China and Russia on Fertilizer Supply

The Philippines is in discussions with major fertilizer producers including China and Russia to safeguard supply on fears exporters won’t deliver on contracts as the …

Economy Financial Times
Chinese tech enthusiasts ‘raise lobsters’ in latest AI craze

OpenClaw takes China by storm as local governments encourage creation of AI agents for productivity gains

Economy Financial Times
Li Ka-shing builds cash pile as Hong Kong family empire looks to …

CK Hutchison has been selling assets across its portfolio but is unlikely to return capital to shareholders

Economy Financial Times
Japanese PM set for high-stakes meeting with Trump over Iran

Sanae Takaichi prepares for toughest test yet as US urges Tokyo to send warships to Gulf

Economy Financial Times
Oil price surge will hurt US growth and fuel inflation, say economists

FT-Booth Survey shows unease about impact of the conflict on growth and prices

Taiwan Insurers Slash Forwards by $55 Billion on New Regulations
Economy Bloomberg
Taiwan Insurers Slash Forwards by $55 Billion on New Regulations

Taiwan’s life insurers have cut their holdings of forwards by a notional NT$1.75 trillion ($55 billion) this year after regulatory changes allowed them to spread …

Economy Financial Times
‘Philosophical differences’: Iran war exposes rifts in Trump’s Maga base

Tensions spill over after counterterrorism chief quits with letter criticising rationale for the conflict

Stocks Fall on War Jitters as Brent Close to $110: Markets Wrap
Economy Bloomberg
Stocks Fall on War Jitters as Brent Close to $110: Markets Wrap

Wall Street remained on edge as strikes on Persian Gulf facilities lifted oil prices, with stocks and bonds falling on fears that an escalation of …

Investors Turn to Korea Shareholder Meetings for Stocks Revival
Economy Bloomberg
Investors Turn to Korea Shareholder Meetings for Stocks Revival

South Korea’s corporate reform drive faces a crucial test as shareholder meeting season enters full swing, with investors demanding concrete steps to revive a world-beating …

‘Property Brothers’ on Housing Affordability, New Show
Economy Bloomberg
‘Property Brothers’ on Housing Affordability, New Show

Scott Brothers Global Co-founders and CEOs Jonathan & Drew Scott, HGTV’s “Property Brothers,” discuss their new show, moving ‘in the wrong direction’ on affordability, and …

Economy Financial Times
Elon Musk’s lawyers sidestepped SEC team in Twitter case settlement talks

Lawyer for billionaire Tesla founder told judge they attempted to resolve matter without Wall Street watchdog’s counsel

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