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Taiwanese dollar hits 3-year highs as Asian currencies rally amid greenback weakness

Japanese, South Korean, Hong Kong and Chinese markets were closed for holidays.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

Trump takes credit for 'good parts' of economy, blames 'bad parts' on Biden

Last week, Trump put the onus on Biden for the economycontractingin the first quarter of the year.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

China warms up to K-pop as it pursues cultural diplomacy, strives to boost consumption amid trade worries

The about-face on K-pop represents a "structural turning point" for the sector, according to Oh Jiwoo, research analyst at CGS International Securities Hong Kong.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

China risks a spiral into deeper deflation as it diverts U.S.-bound exports to domestic market

Prices will need to drop for buyers for them to absorb goods meant for exports, experts warn β€” risking deeper deflation in China.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

AI may 'exacerbate inequality' at work. Here's how experts think companies should address that

The AI boom could drive unemployment and "potentially exacerbate inequality," said CIMB Group's Pedro Uria-Recio.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

Australian markets set to rally after Prime Minister Albanese's reelection; most Asian markets closed for holiday

Japanese, South Korean, Hong Kong and Chinese markets were closed for holidays.

Published on: May 05, 2025 | Source: CNBC International favicon CNBC International

Bodies of 13 workers kidnapped from a Peruvian gold mine are found

Guards’ deaths highlights growing problem of illegal mining and criminal violence in Andean nation

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Social care reforms in England risk being β€˜doomed to failure’, MPs warn

Cross-party committee calls on government to take urgent action to fix β€˜broken’ model

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Hard-right candidate wins first round of Romania’s election rerun

George Simion will face centrist Bucharest mayor NicuΘ™or Dan in presidential run-off vote on May 18

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June

OPEC+ is bringing more than 800,000 bpd of additional supply to the market over the course of two months.

Published on: May 04, 2025 | Source: CNBC International favicon CNBC International

FirstFT: Chinese exporters β€˜wash’ product in third countries to avoid US tariffs

Also in today’s newsletter, Berkshire after Buffett, and Huawei’s advanced chip production line in China

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Chinese exporters β€˜wash’ products in third countries to avoid Trump tariffs

Asian neighbours wary of becoming staging posts for trade actually destined for US

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Europe prepares to anoint new leaders as it marks VE Day

Merz takes over as German chancellor, Vatican conclave begins and Skype waves goodbye

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Israel vows to hit back against Iran and Houthis after airport attack

Tensions surge across Middle East as missile fired by Yemen militant group lands near Ben Gurion airport

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Labour MPs press Starmer to rethink benefits cuts after local elections

Removal of winter fuel allowance partly blamed for party’s setbacks at polls

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Cash-strapped Maldives to build $9bn blockchain hub in bid to lure investors

Dubai-based family office plans financial zone for the Indian Ocean archipelago

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Disney and Marvel's 'Thunderbolts*' snares $76 million domestic opening

Disney and Marvel's "Thunderbolts*" tallied an estimated $76 million during its domestic opening weekend, the third highest debut of 2025.

Published on: May 04, 2025 | Source: CNBC International favicon CNBC International

Mission impossible? Abel faces tricky task leading Berkshire after Buffett

Handpicked successor inherits record cash pile β€” but will be scrutinised more than β€˜Oracle of Omaha’

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

The hard choice between growth, security and climate

While the green agenda remains critical, it must be balanced with the other fundamental imperatives of our age

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump says he does not know if he needs to uphold the US constitution

President refuses to endorse due process as his efforts to deport undocumented immigrants are blocked by judges

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Why the Panama Canal is a big, long-term prize in Trump's global trade war

President Trump's trade war may reduce Panama Canal activity in the short-term as Chinese freight vessel traffic plummets, but it's a booming business.

Published on: May 04, 2025 | Source: CNBC International favicon CNBC International

The new White House influencer briefings are a terrible look

These propaganda dissemination sessions are more suited to Pyongyang

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Trump’s β€˜Marie Antoinette moment’: call for national sacrifice falls flat

President faces backlash after warning Americans they will have to make do with fewer toys at Christmas

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

'Dumpster fire': Retailers urge shoppers to buy now before tariffs raise prices

Retailers contending with the effects tariffs will have on their businesses are urging consumers to buy now in a bid to boost sales before spending drops.

Published on: May 04, 2025 | Source: CNBC International favicon CNBC International

End of an era: Warren Buffett will ask Berkshire board to replace him as CEO with Greg Abel

Buffett said he will still 'hang around' to help, but the final word on company operations and capital deployment would be with Abel, 62.

Published on: May 04, 2025 | Source: CNBC International favicon CNBC International

Top Wall Street analysts are bullish on these 3 dividend stocks for stable returns

TipRanks' analyst ranking service spotlights threedividend-paying stocks, including AT&T and Texas Instruments.

Published on: May 04, 2025 | Source: CNBC International favicon CNBC International

How will the Federal Reserve respond to Trump’s tariffs?

Market Questions is the FT’s guide to the week ahead

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

The best of London Craft Week 2025 β€” from steel trees to secret ceramics

New collaborations take the annual event into new spaces, new sizes and new states of consciousness

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Europe won’t displace US economic power any time soon

Trump’s damage to America’s growth rate will be mostly reversible

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

The pitfalls of overhasty business deregulation

Republicans should think twice before rushing to scrap the US audit watchdog

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Australia’s Albanese handed sweeping mandate in anti-Trump backlash

Labor PM to expand public spending while balancing US-China ties amid trade war turmoil

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Counterterrorism police arrest Iranian nationals in raids across England

Five individuals were detained on suspicion of preparing terrorist act, police say

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World

Singapore's Wong retains power as ruling People's Action Party boosts vote share in landslide victory

The PAP bagged 87 seats in the 97-seat parliament, while the main opposition Workers Party held on to its 10 seats.

Published on: May 04, 2025 | Source: CNBC International favicon CNBC International

Octopus and Revolut signal UK mobile market disruption

Big brands are piling into the telecoms sector by piggybacking on incumbents’ networks

Published on: May 04, 2025 | Source: Financial Times - World favicon Financial Times - World