Financial Times
Younger workers once foresaw the demise of horse-drawn carriages — but anticipating obsolescence can be self-fulfilling
Financial Times
The policy is back in favour with progressives, but critics say it benefits only existing tenants and saps investment
Bloomberg Markets
Andy Burnham is about to get an early verdict on his leadership from his very own backyard.
Bloomberg Markets
The US said it intercepted an Iranian attack on military bases, ending a dayslong pause in fighting and increasing the risk of a return to full-blown war in the Middle East. Bloomberg's Abeer Abu Omar has the latest. (Source: Bloomberg)
Bloomberg Markets
SoftBank Group Corp. on Wednesday priced a ¥90 billion ($550 million) bond offering sold to institutional investors as the company broadens its funding sources at home and abroad to pay for its massive investments in artificial intelligence.
Bloomberg Markets
At least five brokerages upgraded Hindustan Unilever Ltd.’s shares following the consumer giant’s earnings, which triggered the worst selloff in more than six years on Tuesday.
Bloomberg Markets
Japan’s Government Pension Investment Fund hired active domestic bond funds for the first time in five years, a recognition that one of the world’s biggest retirement money managers needs to increase its expertise to deal with volatility in the nation’s debt market.
Bloomberg Markets
Wheat futures rose for a second session as escalating attacks between Russia and Ukraine threaten export prospects from two of the world’s top suppliers.
Yahoo Finance
Bloomberg Markets
South Korea’s stock selloff deepened as chip-makers extended losses following disappointment about SK Hynix Inc.’s earnings and as retail investors cut holdings.
Bloomberg Markets
Financial stocks listed in Hong Kong are poised for their biggest monthly advance in nearly two years, with investors piling into banks and insurers as enthusiasm for technology shares fades.
Bloomberg Markets
Hong Kong’s imports of gold surged to the most since late-2014 in June, driven by preparations for the city’s recently-launched clearing system as well as solid demand from mainland China.
Bloomberg Markets
The Nifty IT Index’s correlation with the Philadelphia Semiconductor Index has fallen to its lowest level since 2018.
Bloomberg Markets
Sanjeev Rana, head of research at CLSA Securities Korea, believes Hynix's earnings miss was the result of a weak product mix in the second quarter, and he expects "sequential earnings improvement." Meanwhile, KB Financial Group Global Investment Strategist Peter Kim shares his takes on the underlying trends driving the selloff in AI stocks. (Source: Bloomberg)
Bloomberg Markets
Rescuers continued the hunt for survivors in the ruins of a shopping mall on the southwestern island of Kyushu on Wednesday, after a major earthquake in which 13 people have been confirmed dead so far. (Source: Bloomberg)
Financial Times
Meta chief warns against ‘regulatory capture’ of American rules on the technology