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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Asian stocks rebound and yen jumps on signs of intervention

Kospi soars as SK Hynix and Samsung regain ground after days of heavy selling

Economy Financial Times
Big Tech AI spending spree tops $1tn

Google, Amazon, Microsoft and Meta have vastly increased their investments since the AI boom began in 2023

Economy Financial Times
HSBC sells $25bn Australia loan book to Blackstone

Mortgage transfer is latest step in global overhaul of Europe’s biggest lender

Economy Financial Times
Hindustan Unilever results show inflation biting in Indian economy

Also in this newsletter: musical chairs in quick commerce

Economy Financial Times
Spain’s migrant crisis triggers Italian call for EU travel restrictions

Mass arrivals in North African enclave of Ceuta heap further pressure on embattled Prime Minister Pedro Sánchez

Economy Financial Times
Labour readmits veteran MP Diane Abbott after disciplinary process

Scottish MP Joani Reid also returns to party just a fortnight into Andy Burnham’s new premiership

Economy Financial Times
Apple forecasts slower growth as AI build-out strains tech supply chains

Smartphone revenue rose more than a fifth as rivals struggle

Economy Financial Times
Burnham to give mayors share of income tax from 2028

New prime minister accelerates former chancellor Rachel Reeves’ efforts to move power away from Westminster

Economy Financial Times
Amazon increases AI infrastructure spending to $220bn this year

Seattle-based group had in April expected to spend $200bn in 2026

Economy Financial Times
Microsoft surges 15% as results and data centre leases cheer investors

Revenue in tech group’s intelligent cloud segment surges 32% to $39.3bn

Economy Financial Times
BoE holds rates at 3.75% as it waits to see impact of …

Monetary Policy Committee split six to three, with key voters more confident that underlying price pressures are receding

Economy Financial Times
Japan’s yen jumps 3% as speculation over intervention swirls

Currency on track for one of its biggest moves in recent years amid growing calls for action to arrest slide

Economy Financial Times
Saudi economy shrinks as Middle East conflict takes heavy toll

GDP contracted by 4.8% in second quarter compared with same period in 2025

Economy Financial Times
Declining PCE inflation in June likely to be reversed in July

Higher energy prices this month will send the inflation gauge back up

Economy Financial Times
Reform UK stands by Farage aide George Cottrell amid financial scrutiny

Metropolitan Police are investigating donations made by mother of long-term party figure

Economy Financial Times
Eurozone economy grew 0.4% in second quarter despite Middle East energy shock

Economists had expected a slower pace of expansion

Economy Financial Times
US launches strikes on Iran after Trump vows to deliver ‘beating’

Attack comes day after Tehran launched ballistic missiles at American forces

Economy Financial Times
Beijing pledges faster spending to support China’s economy

Xi Jinping says country needs to ‘tap the potential of domestic demand’

Economy Financial Times
‘My life’s screwed’: Korean investors stress out after AI bubble bursts

Millions suffer ‘unprecedented’ losses after Samsung and SK Hynix stock tumbles

Economy Financial Times
BoE expected to ‘talk tough’ but leave rates on hold

Decision comes against backdrop of renewed volatility in energy prices

Economy Financial Times
US borrowing costs hit 19-year high as Fed defies inflation fears

Central bank holds rates even as investors worry Iran war will ignite jolt of price growth

Economy Financial Times
Ukraine’s ex-defence minister blames procurement reforms for dismissal

Fedorov interview offers his most detailed account of sacking that triggered wave of protest

Economy Financial Times
Rolls-Royce raises 2026 targets after profits beat expectations

Strong demand for UK aero-engine group’s civil and military engines boosts earnings

Economy Financial Times
Winner of US-China AI rivalry falls 9% in Hong Kong debut

Shandong-based Innolight supplies data centre equipment to American and Chinese tech groups

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