World News Feed
Latest news from trusted sources around the world
Houthi rebels target Riyadh and Aden in new missile barrage
Assault comes days after government forces announced major offensive to reclaim strategic Bab al-Mandab waterway
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 …
AI agents could cost banks $500bn — by winning savers better rates
Banks will gain from AI as well as lose
Five things Badenoch must do to win
While Tory leader’s popularity is clear, she must still neutralise areas of weakness and move closer to the Labour government
Badenoch to pledge tax cuts and declare ‘battle for soul’ of nation …
Conservative leader to close event as party trails Labour and Reform in opinion polls
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 …
Japan to slash hundreds of stocks from Topix index in record revamp
Move set to leave benchmark with under 1,000 constituents
August wage growth poses no obstacle to more BoJ tightening
Headline wages came in above expectations and real wages remained in positive territory
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.
Korean Investors Suffer $1.7 Billion Losses From Leveraged ETFs
Retail investors are estimated to have lost 2.3 trillion won ($1.7 billion) from leveraged exchange-traded products tracking South Korea’s two chipmaking giants in just months, …
The taxman comes for China’s offshore riches
The crackdown has rattled the country’s wealthiest people and the businesses in Hong Kong, Singapore and Tokyo that manage their money
India’s motorbike billionaire steering the tussle at Tata
Venu Srinivasan cast the crucial vote in a boardroom battle that has captivated the corporate world and drawn in New Delhi
Gold Falls as Traders Weigh Rate-Hike Prospects, Inflation Fears
Gold fell to a two-month low as the dollar strengthened, while heightened Middle East tensions fueled fears over war-driven inflation and investors weighed prospects for …
Trump says he will speak with Putin about pneumonic plague
Washington increases pressure on Moscow to share more about the incident in which one person has died
SpaceX looks to raise $40bn to buy Nvidia chips in financing led …
Blockbuster debt deal is the latest sign of the vast spending on chips and other infrastructure underpinning AI
Stocks Fall as Inflation Worries Boost Bond Yields: Markets Wrap
A record-breaking run in stocks hit a wall as still-elevated oil prices lifted bond yields, stoking concerns that potential inflationary pressures could trigger Federal Reserve …
Latest Oil Market News and Analysis for Oct. 7
Oil flucturated in a choppy session as traders weighed a pickup in Iranian attacks on vessels in the Strait of Hormuz against resilient flows from …
Virginia Lieutenant Governor Opposes NextEra-Dominion Deal
Virginia Lieutenant Governor Ghazala Hashmi voiced opposition to NextEra’s proposed $67 billion takeover of utility Dominion Energy Inc., adding an outright objection to the calls …
FirstFT: Crypto company known for risky ‘perps’ vexes Singapore
Also in today’s newsletter: Indian protesters demand electoral chief resigns and former German spy chief arrested for treason
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