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Today: May 29, 2026
Today: May 29, 2026

Economy

Asia|Business|Economy|Political|World

New Zealand aiming for steady rises in defence spending, minister says

New Zealand is aiming for "smooth and steady" rises in defence expenditure to meet its target of spending 2% of GDP on the military within 8 years, its new

New Zealand aiming for steady rises in defence spending, minister says
Business|Economy|Europe|World

European Commission vows tougher action on trade with China

The EU's trade and investment relationship with China is "not sustainable", the European Commission said on Friday, vowing a stronger response as

European Commission vows tougher action on trade with China
Business|Economy|Finance|Stock Markets|World

Nomura seeks US fund management acquisitions as part of global expansion

Japan's Nomura Holdings is looking for acquisition targets for its investment management business in the U.S. to build on last year's $1.8 billion buyout of

Nomura seeks US fund management acquisitions as part of global expansion
Business|Economy|Finance|Stock Markets|US|World

Fed's Schmid warns against viewing oil shock as transitory

By Michael S.

Fed's Schmid warns against viewing oil shock as transitory
Business|Economy|Finance|Stock Markets

Deal or no deal

Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!

Deal or no deal
Business|Economy|Finance|World

Bank of England's Bailey signals no need to move quickly to curb inflation jump

Bank of England Governor Andrew Bailey said on Friday that allowing inflation to run above the central bank's 2% target is justified given the uncertainty about the impact of the

Bank of England's Bailey signals no need to move quickly to curb inflation jump
Business|Economy|Europe|World

Italy first quarter growth revised up as exports shine

Italy's economy grew by 0.3% in the first quarter from the previous three months, boosted by strong exports, national statistics bureau ISTAT said on Friday, revising up a

Italy first quarter growth revised up as exports shine
Economy|Political|World

Colombians head to the polls with peace efforts, economy on agenda

Colombians are set to vote on Sunday in what is likely the first round of a presidential election, amid deep polarization between those seeking

Colombians head to the polls with peace efforts, economy on agenda
Economy|MidEast|Political|World

Iran promises ‘utter ruin’ if war restarts. Here’s what could happen if diplomacy fails

Iran promises ‘utter ruin’ if war restarts. Here’s what could happen if diplomacy fails

Iran promises ‘utter ruin’ if war restarts. Here’s what could happen if diplomacy fails
Business|Economy|Finance|Political|Stock Markets|Technology|US|World

How do US arms sales to Taiwan work and why are they such a sore point for China?

How do US arms sales to Taiwan work and why are they such a sore point for China?

How do US arms sales to Taiwan work and why are they such a sore point for China?
Business|Economy|Political|Travel|World

Mullin plan to punish sanctuary jurisdictions by targeting their airports faces fierce headwinds

Mullin plan to punish sanctuary jurisdictions by targeting their airports faces fierce headwinds

Mullin plan to punish sanctuary jurisdictions by targeting their airports faces fierce headwinds
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

Global bonds take wild ride in May as Iran war shocks market

The Iran war rocked global bond markets again in May, sending yields to multi-decade highs as traders priced in central bank rate hikes

Global bonds take wild ride in May as Iran war shocks market
Business|Economy|Science|Technology|World

OpenAI gives Japan banks access to latest model, Japan's finance minister says

OpenAI has given some Japanese financial institutions access to its GPT-5.5 model to help prevent cyberattacks, Japanese Finance Minister Satsuki Katayama

OpenAI gives Japan banks access to latest model, Japan's finance minister says
Business|Economy|Europe|Finance|World

ECB will act to head off persistent inflation, Panetta says

The European Central Bank will act in a "timely and measured manner" to prevent the current energy shock from turning into persistent inflation, governing council member Fabio

ECB will act to head off persistent inflation, Panetta says
Business|Economy|Science|Technology|World

At Computex, Nvidia and Taiwan's expanding role in AI infrastructure set to take centre stage

At Taiwan's annual Computex trade show next week, the spotlight is likely to be dominated, as usual, by Nvidia and its products, but also by the island's

At Computex, Nvidia and Taiwan's expanding role in AI infrastructure set to take centre stage
Asia|Economy|World

Why Malaysia's Anwar is considering a snap election

Malaysia's Prime Minister Anwar Ibrahim has said he would consider calling for snap polls if tensions within his ruling alliance got worse. 

Why Malaysia's Anwar is considering a snap election
Asia|Business|Economy|World

Indonesia inflation seen picking up to 2.97% in May,  April trade surplus shrinking

Indonesia's annual inflation rate likely accelerated in May to 2.97%, a Reuters poll showed on Friday, closer to the upper end of the central bank's target range amid

Indonesia inflation seen picking up to 2.97% in May,  April trade surplus shrinking
Business|Economy|Europe|Finance|Stock Markets|World

German unemployment falls unexpectedly in May

The number of unemployed people in Germany fell unexpectedly in May, labour office figures showed on Friday, but the office warned

German unemployment falls unexpectedly in May
Business|Crime|Economy|Europe|Political|World

Ukraine says Russian drones attacked three foreign-flagged vessels

Russian drones attacked three foreign-flagged merchant vessels late on Thursday and overnight as they sailed along Ukraine's maritime export corridor in the Black Sea, Deputy Prime

Ukraine says Russian drones attacked three foreign-flagged vessels
Business|Economy|Finance|Stock Markets|World

Definitely, maybe

Stop-start efforts by Tehran and Washington to extend their ceasefire and reopen the Strait of Hormuz dominate the market outlook, while U.S. and euro zone data should shed more

Definitely, maybe
Business|Economy|Europe|World

Italy April jobless rate edges down to 5.1%, 123,000 jobs created

Italy's unemployment rate fell slightly to 5.1% in April and a net 123,000 jobs were created during the month, national statistics bureau ISTAT reported on Friday.

Italy April jobless rate edges down to 5.1%, 123,000 jobs created
Business|Economy|Technology|World

Taiwan raises 2026 GDP growth outlook to 16-year high on strong AI demand

Taiwan's tech-driven economy is expected to grow at its fastest pace in 16 years in 2026, the government statistics agency said on Friday,

Taiwan raises 2026 GDP growth outlook to 16-year high on strong AI demand
Business|Economy|Europe|World

Italy EU-harmonised CPI jumps to 3.3% y/y in May, slightly above forecast

Italian EU-harmonised consumer prices (HICP) rose by 0.4% in May from the month before, with the annual inflation rate surging to 3.3% from 2.8% in April amid increasing

Italy EU-harmonised CPI jumps to 3.3% y/y in May, slightly above forecast
Business|Economy|Europe|Finance|World

French inflation at 27-month high of 2.8% in May, but below forecast

French inflation rose in May at the fastest pace in more than two years on surging energy prices, though slightly less than expected, preliminary data from statistics agency INSEE

French inflation at 27-month high of 2.8% in May, but below forecast
Business|Economy|Europe|Finance|World

French economy shrank by 0.1% in first quarter

France's economy shrank slightly in the first quarter, final data from statistics office INSEE showed on Friday, missing the preliminary reading of 0.0% for the euro zone's second-

French economy shrank by 0.1% in first quarter
Business|Economy|Europe|Finance|MidEast|World

Iran war impact could 'doubly scar' euro zone consumers, ECB research finds

Euro zone consumers, already scarred by the Ukraine war, have changed their attitudes more quickly as a result of the upheaval of the Iran war, European Central Bank

Iran war impact could 'doubly scar' euro zone consumers, ECB research finds
Economy|Europe|World

Spain's 12-month EU-harmonised inflation rises to 3.6% in May

Spain's European Union-harmonised 12-month inflation rate rose to 3.6% in May, from 3.5% in the period through April, preliminary data from the National Statistics Institute (INE)

Spain's 12-month EU-harmonised inflation rises to 3.6% in May
Business|Economy|Finance|World

BOJ may heed calls to pause bond taper next year

Bond market volatility is boosting the case for Japan's central bank to pause the unwinding of its massive debt holdings next fiscal year, which would give

BOJ may heed calls to pause bond taper next year
Economy|Finance|Stock Markets|World

Yen back in danger zone as Tokyo officials keep investors on edge

As Japan's yen drifts back to levels that prompted official intervention a month ago, markets are sizing up Tokyo's remaining financial firepower and

Yen back in danger zone as Tokyo officials keep investors on edge
Australia|Economy|Election|Environment|Political|World

Australia's embattled Liberals tap former PM Abbott as party president, reinforcing rightward shift

Australia's struggling opposition Liberal Party installed former Prime Minister Tony Abbott, a pugnacious social conservative and campaigner against

Australia's embattled Liberals tap former PM Abbott as party president, reinforcing rightward shift
Business|Economy|Finance|World

China's factory activity likely remained flat in May: Reuters poll

China's factory activity likely remained flat in May after expanding for two months, indicating that weak domestic demand and cost pressures stemming from the U.S.-Israeli

China's factory activity likely remained flat in May: Reuters poll
Business|Economy|Health|Technology

Honda recalls nearly 99,000 US vehicles over airbag issues

Honda Motor is recalling 98,892 vehicles in the United States over a defect involving unintentional deployment of air bags, the U.S.

Honda recalls nearly 99,000 US vehicles over airbag issues
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

Another day, another Iran deal moment

A look at the day ahead in European and global markets from Tom Westbrook A weekend wait looms over markets as sources have told Reuters that the U.S. and Iran have reached an agreement to extend

Another day, another Iran deal moment
Australia|Business|Economy|Environment|World

BHP electrical workers to vote on strike at key Australian iron ore export hub

Hundreds of BHP electrical workers at Port Hedland in Western Australia will vote on a potential strike action, a union said on Friday,

BHP electrical workers to vote on strike at key Australian iron ore export hub
Business|Economy|Finance|Stock Markets|World

China home prices likely to fall at slower pace this year; seen rising in 2027

China's home prices are expected to fall at a slower pace than forecast in a March survey and edge up in 2027, suggesting the sector remains

China home prices likely to fall at slower pace this year; seen rising in 2027
Asia|Economy|Political|World

Malaysia PM Anwar under pressure amid growing defections from his party

Malaysian Prime Minister Anwar Ibrahim is under growing pressure from a wave of defections to a new party set up by a former protege, analysts and

Malaysia PM Anwar under pressure amid growing defections from his party
Economy|Political|Technology|World

With a stalemate in Ukraine and discontent at home, Putin seems ready to escalate his war

President Vladimir Putin is facing a battlefield stalemate in Ukraine and growing war fatigue among Russians and appears ready to change the narrative around the conflict

With a stalemate in Ukraine and discontent at home, Putin seems ready to escalate his war
Economy|Education|Political|Sports|World

Haiti heads to the World Cup, bringing rare unity to a country beset by crisis

Haiti heads to the World Cup, bringing rare unity to a country beset by crisis

Haiti heads to the World Cup, bringing rare unity to a country beset by crisis
Business|Economy|Science|Technology

For the third time this month, a chip giant has joined the $1 trillion club

For the third time this month, a chip giant has joined the $1 trillion club

For the third time this month, a chip giant has joined the $1 trillion club
Business|Economy|Environment|Science|Technology

Blue Origin rocket explodes on the launch pad during an engine-firing test

A rocket belonging to Jeff Bezos' Blue Origin has exploded during a test at the launch pad

Blue Origin rocket explodes on the launch pad during an engine-firing test
Australia|Business|Economy|Environment|World

Electrical workers threaten strike at BHP iron ore port by end of June

Electrical workers at BHP's Port Hedland bulk export port in Western Australia may take strike action by end of the financial year on June 30, a union group said on Friday.

Electrical workers threaten strike at BHP iron ore port by end of June
Crime|Economy|Environment|World

Illegal miners extract billions in Amazon gold despite Brazil crackdown, Greenpeace finds

Billions of dollars worth of gold is still being extracted illegally from Brazil's Amazon rainforest, a study by

Illegal miners extract billions in Amazon gold despite Brazil crackdown, Greenpeace finds
Asia|Business|Economy|Technology

Foxconn has immense confidence in growth momentum due to AI, chairman says

Taiwan's Foxconn, the world's largest contract electronics manufacturer, has immense confidence in its growth momentum because of soaring AI demand, Chairman

Foxconn has immense confidence in growth momentum due to AI, chairman says
Business|Economy|Environment

District court denies California parks department bid to stop Sable Offshore pipeline

A U.S.

District court denies California parks department bid to stop Sable Offshore pipeline
Business|Economy|Environment|Science|Technology

Blue Origin rocket explodes on launchpad in a setback for bid to catch Musk's SpaceX

An uncrewed Blue Origin New Glenn rocket exploded on a Florida launchpad during a test on Thursday, in a major setback for Jeff Bezos’ space

Blue Origin rocket explodes on launchpad in a setback for bid to catch Musk's SpaceX
Business|Economy|Finance|Science|Technology

Samsung Electronics ships faster HBM4E chip samples to customers; shares jump

Samsung Electronics on Friday said it started shipping samples of its latest high-bandwidth memory (HBM) chip to customers, pulling ahead of rivals in

Samsung Electronics ships faster HBM4E chip samples to customers; shares jump
Economy|Environment|Political|US|World

Trump's room to maneuver narrows as US, Iran close in on framework deal

President Donald Trump finds himself in a bind as he seeks to end the war against Iran: he is under pressure to reopen the Strait of Hormuz and get

Trump's room to maneuver narrows as US, Iran close in on framework deal
Business|Economy|Finance|Stock Markets|World

New Zealand central bank governor signals earlier and steeper rate hikes

Reserve Bank of New Zealand Governor Anna Breman said on Friday interest rates were likely to increase sooner and by more than previously signalled to combat inflation.

New Zealand central bank governor signals earlier and steeper rate hikes
Business|Economy|Finance|World

New Zealand Labour says budget fails to address rising living costs

New Zealand shadow finance minister Barbara Edmonds said on Friday she backed efforts to return the government's books to surplus, but said Labour would make different

New Zealand Labour says budget fails to address rising living costs
Australia|Business|Economy|Finance|World

KPMG Australia CEO and audit head quit over whistleblower investigation

Accounting firm KPMG Australia said on Friday its CEO and head of audit had resigned because of shortcomings in the handling of a

KPMG Australia CEO and audit head quit over whistleblower investigation
Business|Economy|Science|Technology|World

Humanoids dance and thread needles as Japanese robotics developers look to outdo Chinese

The Humanoids Summit Tokyo showcases advanced robotics, highlighting China's growing influence

Humanoids dance and thread needles as Japanese robotics developers look to outdo Chinese
Economy|MidEast|Political|US|World

Vance says US not there yet on Iran, but close

U.S.

Vance says US not there yet on Iran, but close
Business|Economy|Finance|Stock Markets|World

Core inflation in Tokyo stays below BOJ goal, factory output rebounds

Annual core inflation in Japan's capital stayed below the central bank's 2% target for a fourth straight month in May, data showed on Friday, as fuel and

Core inflation in Tokyo stays below BOJ goal, factory output rebounds
Business|Crime|Economy|Finance|Political|US|World

US judge tosses Trump administration's challenge to Boston's 'sanctuary' immigration law

A federal judge threw out a lawsuit that U.S.

US judge tosses Trump administration's challenge to Boston's 'sanctuary' immigration law
Business|Economy|Finance|MidEast|Political|Stock Markets|US|World

The Latest: Iran negotiators agree to extend ceasefire, begin nuclear talks pending Trump approval

U.S. and Iranian negotiators have reached a tentative agreement to extend the ceasefire by 60 days and start talks on Iran’s nuclear program

The Latest: Iran negotiators agree to extend ceasefire, begin nuclear talks pending Trump approval
Business|Economy|Finance|Stock Markets|Technology

Hedgeye launches ETF focusing on index inclusion candidates

Hedgeye Asset Management rolled out a new exchange-traded fund designed to profit from the forced buying on the part of index funds and

Hedgeye launches ETF focusing on index inclusion candidates
Business|Economy|Environment|Political|World

US Federal Trade Commission probes rising fertilizer prices

The U.S.

US Federal Trade Commission probes rising fertilizer prices
Business|Economy|Finance|World

RBNZ MPC member Gourley says rates likely to rise sooner rather than later

New Zealand interest rates are expected to rise "sooner rather than later", Reserve Bank of New Zealand Monetary Policy Committee member Hayley Gourley

RBNZ MPC member Gourley says rates likely to rise sooner rather than later
Business|Economy|Europe|World

UK business sentiment edges up in May, Lloyds says

British business sentiment edged up in May and is now close to its level before the Iran war, according to a monthly survey by Lloyds on Friday which contrasted with most

UK business sentiment edges up in May, Lloyds says
Business|Crime|Economy|Environment|Health

Chemical tank fatally implodes at a paper and packaging plant in Washington state

At least one person has died, nine people were injured and nine others remain unaccounted for after a large vat of chemical treatment product, including hazardous materials, imploded at a paper and packaging facility in Washington state, fire officials said.

Chemical tank fatally implodes at a paper and packaging plant in Washington state
Business|Economy|Environment|Health|Science|Technology|World

How a tank rupture disrupted life in a tight-knit Washington town that has lived with pulp mills for generations

How a tank rupture disrupted life in a tight-knit Washington town that has lived with pulp mills for generations

How a tank rupture disrupted life in a tight-knit Washington town that has lived with pulp mills for generations
Business|Economy|Sports

MLB owners propose a salary cap for the first time since baseball's 1994-95 strike

Major League Baseball owners made their long-expected salary cap proposal to the players’ association on Thursday, a system the union has vowed never to accept, setting the sides on course for a confrontation that threatens the 2027 season and perhaps beyond

MLB owners propose a salary cap for the first time since baseball's 1994-95 strike
Arts|Business|Economy|Entertainment

Caesars Entertainment, a Las Vegas Strip icon, is sold for nearly $6 billion

Caesars Entertainment is being acquired for almost $6 billion by Fertitta, the company that owns Las Vegas’ Golden Nugget and chains like Rainforest Cafe and Morton’s

Caesars Entertainment, a Las Vegas Strip icon, is sold for nearly $6 billion
Business|Economy|Finance|Stock Markets|US

Costco gas stations draw more frugal Americans as prices bite

By Nicholas P.

Costco gas stations draw more frugal Americans as prices bite
Business|Economy|Entertainment|Fashion and Beauty|Finance|Stock Markets|US

Gap, American Eagle fail to reassure investors on apparel demand; shares fall

Gap cut its annual sales forecast on Thursday and American Eagle Outfitters kept its annual comparable sales view intact, failing to reassure investors as

Gap, American Eagle fail to reassure investors on apparel demand; shares fall
Business|Economy|Finance|Stock Markets|World

Trading Day: Stocks sizzle on ceasefire extension

The S&P 500 and Nasdaq forged new record highs on Thursday, and the dollar and Treasury yields fell after the U.S. and Iran agreed to extend

Trading Day: Stocks sizzle on ceasefire extension
Economy|Political|World

Iran, US reach deal to extend ceasefire, pending Trump's approval

The United States and Iran reached an agreement on Thursday to extend their ceasefire and lift restrictions on

Iran, US reach deal to extend ceasefire, pending Trump's approval
Business|Economy|Environment|Science|Technology|World

Cheniere signs $4.69 billion deal with Bechtel to expand LNG export capacity

Cheniere Energy Partners said on Thursday it signed a contract with Bechtel Corp for engineering, procurement and construction of the first phase of its Sabine Pass LNG expansion

Cheniere signs $4.69 billion deal with Bechtel to expand LNG export capacity
Americas|Business|Economy|Environment|Political|World

Cuba sees higher risk of US military aggression as talks stall

Cuba's Deputy Foreign Minister Josefina Vidal sees the risk of U.S. military aggression against the island growing as negotiations between the nations

Cuba sees higher risk of US military aggression as talks stall
Business|Economy|Finance|Stock Markets

Apollo's president sees continued withdrawals from US private credit funds for the wealthy

Apollo Global Management President Jim Zelter said on Thursday he expects wealthy individuals to keep trying to withdraw their money from some private

Apollo's president sees continued withdrawals from US private credit funds for the wealthy
Business|Economy|Finance|Science|Technology

Apollo, Blackstone work on $36 billion debt deal for Anthropic, Bloomberg News reports

Apollo Global Management and Blackstone are working to bring in additional investors for about $36 billion debt financing tied to AI startup Anthropic PBC's efforts to expand its AI

Apollo, Blackstone work on $36 billion debt deal for Anthropic, Bloomberg News reports
Business|Economy|Finance|Stock Markets|Technology

Dell lifts forecasts as AI data center buildout fuels demand, shares soar

Dell boosted its annual revenue and profit expectations on Thursday, showing data center expansion by clients is fueling demand for its AI-optimized servers that

Dell lifts forecasts as AI data center buildout fuels demand, shares soar
Asia|Business|Economy|Political|World

North Korea not keen to engage with the US or South Korea, Singapore FM says

North Korea does not seem keen to engage with the United States, South Korea or Japan and is focused on building up its self-reliance and military deterrence,

North Korea not keen to engage with the US or South Korea, Singapore FM says
Business|Economy|Entertainment|Lifestyle|Technology

A quarter still buys a phone call in this small town

A quarter still buys a phone call in this small town

A quarter still buys a phone call in this small town