WORLD
Hamas says aid flows must resume after US-Israeli hostage freed
“Failure to achieve these steps, especially the entry of humanitarian aid to our people, will have a negative impact on any efforts to complete negotiations on the prisoner-exchange process,” the Iran-backed group said in a statement on Telegram on Thursday.
WORLD
Gold palaces, jet deals and McDonald’s: Trump at home in Middle East
As Trump returns home on his flying Oval Office, one he loves to deride as small, old and outdated, he can bask in the afterglow of his Arabian sojourn, and how he was feted.
WORLD
US-Saudi $142 billion defense deal sparks questions, few answers
The deal, announced as part of US President Donald Trump’s visit to the Middle East this week, appeared ambitious and sweeping, touting purchases linked to the air force and space, missile defense, coastal security and various other upgrades.
WORLD
Israel alarmed by Trump’s arms sales and deals with Gulf states
The deals themselves appear to be so large — $142 billion in arms to Saudi Arabia and $243 billion to Qatar, with a focus on defense — that some in Israel fear they could reduce the longstanding US guarantee of its regional military superiority, the so-called Qualitative Military Edge.
MARKETS
India is hot trade again as funds chase Trump-era winners
The NSE Nifty 50 Index surged to its highest level since October this week, fueled by optimism that India could be among the first to strike a deal with the US
BUSINESS
Asian markets rise on Fed rate cut hopes, trade truce momentum
A gauge of Asian shares rose as stocks in Australia climbed, while those in South Korea were little changed.
WORLD
Trump touts $200 billion in UAE deals in wrapping Mideast trip
“These deals will significantly expand investment in the United States and U.S. market access in the United Arab Emirates,” the White House said in a statement Thursday.
BUSINESS
Dimon says recession remains a possibility on tariff fallout
“Hopefully we’ll avoid it, but I wouldn’t take it off the table at this point,” Dimon said in a Bloomberg Television interview Thursday at JPMorgan’s annual Global Markets Conference in Paris.
MARKETS
US treasury yields fall as data support Fed-cut bets
The S&P 500 fell 0.3%. The Nasdaq 100 slid 0.5%.The Dow Jones Industrial Average dropped 0.3%
WORLD
US approves $304 million missile sale to Turkey as ties warm up
The deal, which still needs Congressional sign-off, came as Secretary of State Marco Rubio visited Turkey to attend a meeting of NATO foreign ministers on Thursday.
WORLD
Samsung to buy FläktGroup for €1.5 billion in AI sector play
FläktGroup would help bolster Samsung’s position against rivals such as LG Electronics Inc. in the heating, ventilation and air-conditioning market, which is expanding rapidly alongside the need to cool data centers during the AI development boom.
BUSINESS
India now most favored Asian stock market, BofA survey shows
India has replaced Japan as fund managers’ top Asian stock market pick, as the South Asian nation is likely to benefit from supply chain shifts.
BUSINESS
CATL guides IPO price at top end in world's biggest listing of 2025
CATL would be raising HK$31 billion ($4 billion) at that price, based on the 118 million shares in the base offering. The amount could rise to $4.6 billion if a 15% upsize option is exercised.
BUSINESS
RBI reviews some e-wallets after taxi app goes bust
The Reserve Bank of India has begun informal consultations with EV charging-point operators and other app-based EV platforms.
WORLD
Trump’s freebie Qatar jet is the stuff of nightmares in spyworld
Qatar’s gift of a luxury Boeing 747 to Donald Trump has raised major security and ethical concerns among US officials, who warn the plane could be compromised for surveillance.
BUSINESS
Trump says Fed must lower rates after soft inflation report
The president’s latest call for lower rates came after a report Tuesday showed the consumer price index rose 0.2% in April, coming in below estimates for a third straight month.
BUSINESS
Asian stocks trade in narrow ranges after US rally
Equities edged lower in Japan — with the Topix halting a 13-day rally — and also edged down in Australia.
WORLD
Trump to rewrite AI chip curbs reviled by Nvidia and US allies
Changes to the AI diffusion framework, which Biden released during his final week in office, are emerging during President Donald Trump’s visit to the Middle East, where a number of nations have bristled at the latest restrictions.
BUSINESS
Airlines face decade wait for planes as backlog grows, IATA says
WORLD
Trump diplomatic blitz spins big gambles as signs of success
Crucial elements remain unresolved on Iran as well as Ukraine, with Russia so far balking at a ceasefire, while India has disputed some US claims about its role in mediation efforts
WORLD
US inflation comes in softer than forecast for a third month
The consumer price index, excluding the often volatile food and energy categories, increased 0.2% from March
MARKETS
Tech powers stock gains as bond yields drop on softer inflation
Equities climbed toward the highest since February, the month marking the S&P 500’s latest all-time high
BUSINESS
US-China truce likely to avert recession but not coming slowdown
Labor-market data could start to show the hit to employment by the end of May, they expect, while accelerating inflation should become evident in reports due next month.
BUSINESS
Trump talks with Apple’s Cook as iPhone price hikes loom
Apple hasn’t changed the starting price of its flagship iPhone model since it debuted the iPhone X in 2017 — keeping it at $999.
