BUSINESS
Asian stocks post modest gain, dollar edges down
The Nikkei-225 index fell 0.9% at the open as Trump threatened to impose a fresh tariff level on the Asian country.
WORLD
China's Communist Party inches past 100 million-member milestone
The increase compares to a growth rate of 1.2% in 2023 and 1.4% in 2022, down from a 3.7% jump in 2021.
BUSINESS
Vodafone launch up to €2 billion debt tender, new bond sales
The debt sale comes as Vodafone looks to repurchase existing debt securities denominated in British dollars and British pounds through concurrent tender offers.
COMPANIES
Greenko founders borrow $650 million to buy back stake from Orix
The transaction will give co-founders Anil Chalamalasetty and Mahesh Kolli control of an additional 17.5% stake in Greenko
BUSINESS
Delhi developer to invest $2 billion on India data center boom
Data centers are expected to make up more than 40% of Anant Raj’s revenues in the next four years from 5% at present
MARKETS
Adani Ports weighs $350 million rupee bond issuance
Adani Ports and Special Economic Zone Ltd is in talks with investors to raise the debt in the coming months
BUSINESS
Trump says 'Mr Japan' unfair on cars, floats keeping 25% tariff
The comments show that the two sides still remain some distance from an agreement and highlight the risk that Trump may stick with the 25% tariff on autos.
BUSINESS
South Korea says US trade talks need to continue past next week
A senior South Korean trade official, who asked not to be identified discussing internal matters, said it was unrealistic to expect negotiations to wrap up before across-the-board tariffs are set to rise on July 9
WORLD
First china weight loss drug rival to Novo, Lilly emerges
Suzhou-based Innovent Biologics Inc. secured approval last week for its treatment mazdutide, a turning point in China’s efforts to combat rising obesity and diabetes rates
BUSINESS
Global banks may push back on RBI’s offshore swap reporting plan
Complying with RBI's directive could raise concerns about client confidentiality and lead to jurisdictional complications with other monetary authorities
WORLD
Asian stocks, futures rise as trade talks progress
The MSCI Asia-Pacific index advanced 0.3% at the open Monday
WORLD
Donald Trump says Iran might get sanctions relief if it can be peaceful
Donald Trump also injected a note of caution, saying that Iran’s nuclear ambitions had been set back “at least for a period of time.”
BUSINESS
US President Trump says he doesn’t expect to extend July 9 tariff deadline
The comments follow Trump’s remarks on Friday that the administration could do “whatever we want” with the deadline, including extending it or making it shorter.
INDIA
Indian negotiators extend US stay as trade talks gather pace
Both sides have dug in their heels over a few key issues including Washington’s demand that India open its market to genetically modified crops — an ask New Delhi has rejected.
BUSINESS
Inside the trading desks that surfed 12 days of oil market mayhem
Three decades later, oil traders are picking up the pieces from a 12-day rollercoaster ride that saw prices surging and tumbling in the most manic period of oil trading since Russia invaded Ukraine in 2022.
BUSINESS
Boeing wins buy rating as Redburn sees ‘healthier’ company
The analyst raised the recommendation on the shares to buy from neutral, and boosted the price target to $275 from $180.
BUSINESS
China reiterates opposition to any trade deals at its expense
“It has been proven that only by firmly upholding its principles and positions can a country truly protect its legitimate rights.”
BUSINESS
Powell and Lagarde count cost of Trump’s turbulence
Lagarde and Powell will reunite on stage in Portugal for the first time since ECB’s tense 2024 retreat.
WORLD
How US Supreme Court's latest term helped Trump amass more power
The court let him discharge transgender people from the military, fire top officials at government agencies and open hundreds of thousands of migrants to deportation
WORLD
Inside the trading desks that surfed 12 days of oil market mayhem
Oil traders are picking up the pieces from a 12-day rollercoaster ride that saw prices surging and tumbling in the most manic period of oil trading since Russia invaded Ukraine in 2022
WORLD
Five risks for US stocks that cloud the outlook for the second half
The recent bounce is not enough for many institutional investors, who cite a litany of risks confronting equities
WORLD
Charting the global economy: Consumer spending weakens in US
China’s industrial firms saw their profits drop the most since October, illustrating weakness in an economy strained by higher US tariffs and lingering deflationary pressure
WORLD
US Senate unveils new Trump tax draft with plans to vote soon
The bill would raise the SALT deduction cap from $10,000 to $40,000 for five years before snapping back to the $10,000 level
WORLD
Bessent says push for trade deals could wrap up by September 1
Earlier Tuesday, Trump suggested that India was one nation that could be close to finalizing a deal.
