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Huge Vietnam Smart City Backed by Sumitomo Moves Forward
Fed's Bowman suggests allowing central bank staff to own small amounts of crypto
Trump administration to seek federal charges against people snared in DC crackdown
India and China agree to resume direct flights, boost business links
Ukraine fears more Russian aggression if it gives up land
Japan Eyes Turkish Drones
Japan Shipbuilders Balk at US Investment
CA AGs Urge EPA to Drop Greenhouse Gas Plan
Putin to Visit North Korea, Meet Kim Jong Un Amid Arms Speculation
Moscow is seeking victory, not compromise, through diplomacy — and Trump is playing along.
Uncle Sam taking a stake in Intel makes sense in an absurd world
Crypto industry hosts rival gathering in Jackson Hole
Tesla's stock plunged after the latest sales data
Stada acquisition details
Spain's fires double the size of London
Swiss National Bank Shouldn't Intervene on US Tariffs, Economists Say
Cameroon Plans Eurobond Issuance as Part of $1.7 Billion Borrowing
Citadel Securities Sees Retail Traders Pausing Stock Buying
"Sympathy for the Devil" Explores the Complexities of Evil
Taliban to Host First Trilateral Talks with China and Pakistan
Taliban to Host First Trilateral Talks with China and Pakistan
LG Electronics chases bigger slice of India's appliance market
Dollar slips as traders wait for Jackson Hole
Newsom Seeks Billionaire Support for California Redistricting
Bessent Accuses India's Wealthiest of Profiting from Russia Trade
US to Intensify Scrutiny of Chinese Steel and Lithium Imports
Google Proposes Play Store Changes to Avoid EU Penalties
US pensions will reach 12% gains due to a stock rally, S&P says.
Stada Owners Resume IPO Work as CapVest Talks Stall
Germany's Kazakh oil imports only briefly disrupted by Druzhba pipeline attacks
Ford and SK On seek buyers for excess battery supply amid weakening EV demand in the US
Tariffs Disrupt US-Brazil Coffee Trade
Michelle Bowman prioritizes current Fed role including regulatory overhauls
Huge wildfires stabilising in Spain as cooler forecast fuels hope worst is over
The recent charges against the breeder of the world's largest rhino herd for alleged horn smuggling [2025-08-19] (bloomberg) underscore a pattern of sophisticated wildlife trafficking previously seen in turtle smuggling to Mexico [2025-08-13] (nyt), the notorious budgie-smuggling network [2025-07-19] (ft, ft), and large-scale criminal enterprises behind Brazil’s high-profile heist [2025-07-02] (bloomberg).
Kyivstar Group shares jump as much as 22% following US public listing and Trump's peace efforts
Bill Gates funds $1 million AI Alzheimer’s prize
Oman's stock market comeback bolsters IPO ambitions.
Financial lobbying groups call for a review of global cryptocurrency rules for banks.
US Seeks Intel Stake Without Governance Rights, Lutnick Says
US single-family starts and permits rise in July
Drugmakers racing to launch first weight-loss pill
Trump Attacks Biden’s ‘Disaster’ Economy in Michigan Rally
Turkey Probes Utilities Over Failure to Help Balance Grids
Spanish judge charges Pedro Sánchez with corruption
Valentin Stalf leaves joint CEO role of N26 after investor tensions
Investors at N26 pressed for new leadership in a boardroom bust-up on 2025-08-15 (bloomberg, ft, ft) [2025-08-15] (bloomberg, ft, ft), intensifying after a regulator’s critique prompted calls to replace both co-CEOs [2025-08-15] (bloomberg, ft, ft). Those tensions ultimately led to Valentin Stalf’s exit on 2025-08-19 (ft) [2025-08-19] (ft).
Circle Bets on Its Own Blockchain in Challenge to Payment Giants
China’s pledge to address India’s rare earth needs [2025-08-19] (reuters) follows high-level discussions on export restrictions in mid-June [2025-06-13] (bloomberg, bloomberg, reuters) and aligns with the lifting of curbs on rare earth magnets to India announced the same day [2025-08-19] (reuters). It builds on India’s own push to develop its rare earth industry [2025-07-09] (bloomberg) and Beijing’s issuance of 2025 export quotas [2025-07-18] (reuters, reuters), even as it warns against stockpiling by foreign firms [2025-08-15] (ft).
In August 2025, Viking Therapeutics reported its oral pill achieved up to 12.2% weight loss in a mid-stage study [2025-08-19] (reuters), joining a crop of competitors after Eli Lilly’s oral candidate demonstrated similar 12.4% reductions [2025-08-07] (cnbc, reuters) and Zepbound outperformed Wegovy earlier in May [2025-05-11] (reuters, bloomberg).
With Home Depot’s outlook putting retail earnings center stage [2025-08-18] (reuters), futures markets have become increasingly attentive to sector results, especially after the latest profit miss and stock reaction [2025-08-19] (reuters). Earlier rallies driven by robust retail sales [2025-07-17] (reuters, bloomberg, bloomberg) have given way to caution as tariff and rate pressures weigh on demand [2025-08-19] (reuters), keeping futures subdued ahead of today’s session [2025-08-19] (reuters).
Trump's tariffs are disproportionately impacting Black businesses
Anheuser-Busch’s robust earnings beat and margin gains [2025-02-26] (marketwatch) alongside its parent’s rising profitability [2025-02-26] (marketwatch) mirror a broader surge in U.S. production investments exemplified by Kraft Heinz’s $3 billion facility upgrade [2025-05-14] (reuters), paving the way for its own $15 million U.S. brewery investment [2025-08-19] (reuters).
Peabody pulls out of $3.8bn Anglo American coal deal
Skills-based knowledge need not be considered the opposite of an intellectual life
The evolution of Indian family offices
Anchorage Capital Advisors has raised $1.5 billion for its latest fund that invests in stressed and distressed credit, special situations and structured credit.
Volatility in benchmark Indian bonds jumped to a three-year high, as a plan to cut consumption taxes stoked concerns that the government may sell more debt to make up for any revenue shortfall.
Anglo American Plc suffered a major setback to its restructuring plans after Peabody Energy Corp. decided to walk away from a $3.8 billion deal to buy its steelmaking coal business following a fire at an Australian mine.
Recent weeks have seen UK and FTSE 100 firms lift CEO compensation to record highs—diminishing US listings’ appeal [2025-08-18 (bloomberg, bloomberg); 2025-08-17] (bloomberg, ft) and reflecting global pay battles [2025-08-04 (reuters); 2025-04-24] (ft). Against this backdrop, US companies have accelerated CEO pay at the fastest pace in four years [2025-08-19] (ft).
France ‘flexes’ nuclear output as solar reshapes energy
Indian Family Offices Embrace Technology and Global Diversification
Amer Sports Falls as Premium Outerwear Brand Arc’teryx Slows
Complaints over state interference at Boğaziçi University trigger unrest that mirrors conflicts in US and Hungary.
China’s Pop Mart, maker of Labubu doll, says revenue triples in first half
Colombia Health Crisis Spirals as ERs and Maternity Wards Close
ONS delays release of July retail sales data due to ‘quality’ concerns
Pentagon Eyes $3.5 Billion in Restocking Costs for Israel Operations
Holiday Travel Demand Looms as Big Question for US Airlines
SoftBank in Talks to Acquire Intel’s Chipmaking Business
Woodside cuts exploration, shifts focus to 39 billion dollar project pipeline after profit drop
Facing a 24% drop in profit as reported recently, Woodside is cutting back on exploration activities while channeling focus toward a robust $39 billion project pipeline. Notably, it has committed $17.5 billion to the Louisiana LNG project and made a final investment decision on this major US LNG initiative. However, substantial investment commitments have led to a negative credit outlook by S&P, highlighting financial pressures shaping this strategic pivot [2025-08-18] (reuters)[2025-04-28] (reuters, reuters, bloomberg)[2025-05-01] (reuters, reuters, bloomberg).
IWG's shares tumbled due to profit at the lower end of guidance, contrasting their earlier steady revenue growth and forecast maintenance in May [2025-05-06] (reuters) as well as divergent market responses seen in peers like BTG and Asics which posted strong profits and saw share surges in August [2025-08-12 (nikkei, bloomberg), 2025-08-13] (bloomberg, marketwatch). This highlights how meeting or missing profit expectations distinctly influences investor sentiment and stock performance [2025-08-19] (bloomberg).
UK Economy Showed Stronger Pandemic Recovery Than Initially Thought
Monte Paschi's Mediobanca Bid Gains Momentum Ahead of Vote
Eskom Seeks Solar Energy Buyers as Part of Shift Away from Coal
Allianz Debt Offering to Gauge Investor Sentiment on Perpetual Bonds
China's overcapacity crackdown
Rupee hits highest level in August
UK’s post-pandemic GDP recovery is revised up by statistics office
African Union Backs Campaign to Adopt More Realistic World Map
Indonesia plans quick-to-build oil refineries, US crude doubts persist
Hundreds Still Dying in the Mediterranean a Decade After EU Migrant Crisis
As Mumbai’s monsoon season intensifies leading to a highest alert [2025-08-19] (bloomberg), earlier warnings had flagged the city’s growing cyclone risk [2025-05-07] (bloomberg) and extensive efforts to monsoon-proof its roads [2025-02-05] (ft). A recent cloudburst in a nearby region demonstrated the deadly potential of flash floods [2025-08-05] (bloomberg), raising questions about whether rapid urban development projects [2025-05-08] (reuters, bloomberg, ft, reuters, nikkei) can withstand extreme rainfall.
China's Savings Shifting to the Stock Market
OpenAI rolls out ChatGPT plan at about $4.60 in India to chase growth
Transcript: Italian and French bonds meet in the middle
African Development: Adapting to Cuts, Introducing Tablets, and More
Africa must deal with a world of shrinking aid
Bartenders are rediscovering herb-driven mixers in craft cocktails [2022-07-08] (wsj), even as global tariff decisions reshape spirit supply chains [2024-12-30] (wsj) and drive new packaging experiments [2025-04-23] (wsj), all of which help explain why “Chartreuse makes a splash” [2025-08-19] (ft) marks a turning point in modern mixology.
Wealthy Londoners Struggle as Rising Temperatures Challenge Relief Efforts
IMF Mission to Senegal Awaited for Clues on New Funding Program
Kenya Considers Repurchasing $3.5 Billion in Local Currency Bonds
Iron Ore Prices Decline Amid BHP Results and Soft China Demand
Pierre Poilievre, a key rival of Canadian Prime Minister Mark Carney, has won a parliamentary seat in a special election.
Former Goldman Sachs trader, Qin Xiao, has been allocated $1 billion from Millennium Management for his new hedge fund.
Death toll from blast at factory in Ryazan rises to 5 dead, Russia says
The UK initially ordered Apple to build a data backdoor [2025-02-07] (bloomberg, bloomberg, bloomberg), prompting US intelligence chief Gabbard to publicly criticize the mandate [2025-02-26] (ft, ft). After private UK–US talks [2025-03-13] (bloomberg) and Apple’s legal challenge [2025-03-04] (ft), the UK sought a way out of the clash [2025-07-20] (ft), culminating in the UK agreeing to drop the backdoor requirement [2025-08-19] (reuters).
South Korea's household debt expanded at the quickest pace since 2021, fueled by a jump in mortgage lending, likely adding to concerns at the Bank of Korea ahead of its policy meeting next week.
Household borrowing reached a record high by July 2023 [2023-08-09] (reuters) and saw its biggest jump in over three years in September 2024 [2024-09-11] (reuters, reuters). Debt growth then accelerated to its fastest pace since 2021 in Q4 2024 [2024-11-19] (bloomberg), and surged again amid a hot property market by July 2025 [2025-07-09] (ft, bloomberg). The latest report shows that household debt expanded at the quickest pace since 2021 as of August 2025 [2025-08-19] (bloomberg).
UK has ‘agreed to drop’ demand for access to Apple user data
China's central bank injected a substantial amount of cash to stabilize bonds amid investor concerns.
Tesla Prices Updated Model Y to Target Chinese Families
Indian Defense Stocks Lagging Amid Easing Tensions with China
UK Abandons Mandate for Apple Backdoor Access for Americans
US Navy Deploys Warships Near Venezuela to Counter Drug Trafficking
Qiming Venture Partners Cuts China Fund Goal to $600 Million
Trump Tariffs Accelerate China's Trade Push in Developing Nations
Shein Considers Relocation to China to Facilitate Hong Kong IPO
Brazil Investigates Soy Traders Over Potential Cartel
S&P Affirms US Credit Rating on Tariff Revenues, Resilience
Painter Françoise Gilot’s Dramatic Manhattan Duplex
Trump's Ukraine Peace Initiative Advances
In recent months, President Trump has shifted towards coordinating Ukraine's security with European partners, aligning US efforts more closely with Europe's demands for guarantees amid the conflict [2025-08-19] (bloomberg, reuters). Europe's persistent urging earlier this year highlighted the need for US support in security guarantees, which Trump has gradually embraced [2025-01-24] (ft, wsj, bloomberg). Ukraine, however, remains cautious about the breadth of these guarantees amid these negotiations [2025-08-17] (nyt). This collective move towards joint coordination marks a significant shift in US-Europe relations on Ukraine security [2025-07-15] (nyt, nyt, nyt).
Australia’s consumer sentiment surges after third rate cut
Spac King Chamath Palihapitiya Returns with a New Blank-Cheque Vehicle
US Air Force chief announces surprise retirement
Oil Market News and Analysis
Yuan May Strengthen Past 7 Per Dollar
BHP Full-Year Profit Falls 26%
Meta and Senate under investigation over minor’s technology usage
Tennessee Valley Authority selects 4 GW of solar, wind projects
Trump approval remains low at 40%
Ukraine offers Kyiv’s proposals to US president at crucial White House meeting
Zelenskyy charms Trump in the Oval
Russia Reaffirms Opposition to NATO Troops in Ukraine
The hiring of a Millennium veteran by Saba Capital on 2025-08-18 (reuters) caps a period of fierce competition for hedge fund talent. Millennium had bulked up its risk management team with ex-Goldman hires in 2021 [2021-04-13] (ft), extended sabbatical and retention packages to high performers in mid-2023 [2023-06-01] (bloomberg), and broadened its global footprint in Dubai earlier that year [2023-06-21] (bloomberg), yet still saw key personnel lured away. This mirrors patterns seen at peers like Citadel, which stole talent from Elliott in late 2024 [2024-12-13] (ft).
The Justice Department will begin providing members of Congress with files related to the sex-trafficking operation run by the late, disgraced financier Jeffrey Epstein this week
After revelations that the Justice Department secretly seized communications of House Intelligence Committee Democrats in 2021 [2021-06-12] (wsj, nyt, nyt) and subsequently overhauled its record-request procedures [2021-06-15] (wsj), the agency recently faced criticism for its abrupt shift on releasing Epstein documents [2025-07-09] (reuters, nyt). That pressure paved the way for providing Congress with files on Epstein’s sex-trafficking network this week [2025-08-18] (bloomberg).
Trade War Impact: China's Home-Appliance Exports Decline
China's 'New Three' Exports Rise While U.S. Trade Slumps
Palo Alto Networks jumps on stronger-than-expected forecast for 2026
Trump Administration Revokes Thousands of Student Visas
Responding to Trump invasion comments, Taiwan says it must rely on itself for security
European leaders to join Zelenskiy for Washington talks as Trump presses peace deal
Italy to Lower Taxes for Middle Class, Leo Tells Il Messaggero
South Korea's Lee meets business leaders to discuss summit with Trump