Financial Times
Young founders backed by Silicon Valley and Trump race to start reactors despite experts’ safety fears
Financial Times
Former Goldman Sachs executive explores financing once alien to Silicon Valley for $600bn infrastructure push
Bloomberg Markets
The Czech central bank may raise interest rates for the first time in four years as policymakers weigh domestic inflation pressures against receding risks from global energy prices.
Bloomberg Markets
Zhu Ning, Professor of Finance at the Shanghai Advanced Institute of Finance, says China is using overnight reverse repos to help guide policy rates and ease spikes in funding stress. He also says China’s credit slowdown is not necessarily negative, as the country is shifting its growth model. He speaks with Minmin Low on the sidelines of the Lujiazui Forum in Shanghai. (Source: Bloomberg)
Bloomberg Markets
Tata Starbucks CEO Sushant Dash plans to add up to 100 stores in the short term. In an exclusive conversation, Dash adds that they are firm on maintaining the market share of 30%. (Source: Bloomberg)
Bloomberg Markets
Rio Tinto Group has resumed exports of copper concentrate from its vast Oyu Tolgoi copper mine in Mongolia following a short protest.
Bloomberg Markets
India’s monsoon has had an unusually weak start and the lackluster rainfall is likely to persist, threatening crops and industrial activity as the El Niño weather phenomenon takes hold.
Bloomberg Markets
Oil flows going through the Strait of Hormuz may recover to only about 70% of their pre-war level, according to Goldman Sachs Group Inc., which highlighted regional producers leaning on alternative routes.
Bloomberg Markets
Brookfield Business Corp. has agreed to sell Multiplex, the construction company that built London’s Wembley Stadium, to Japan’s Obayashi Corp. for $650 million.
Bloomberg Markets
The People’s Bank of China’s latest refinement of its monetary policy toolkit is expected to damp money-market volatility and support bonds, according to analysts.
Bloomberg Markets
The National Stock Exchange of India Ltd.’s planned initial public offering is set to unlock the value of long-term investments for a group of backers including Morgan Stanley, Temasek Holdings Pte. and State Bank of India.
Bloomberg Markets
Uzbek fintech Uzum, backed by investors including China’s Tencent Holdings Ltd., aims to hold another funding round as the group seeks to support rapid expansion plans ahead of a potential initial public offering.
Bloomberg Markets
The NSE is finally going public. India's largest exchange could pull off the country's biggest IPO ever, giving a much-needed boost to a cooling market and paving the way for other mega listings, including Reliance Jio. Rajesh Mascarenhas has more. (Source: Bloomberg)
Bloomberg Markets
The global lithium market has taken a positive turn as analysts see demand from energy storage systems and electric vehicles spurring gains for the battery material.
Bloomberg Markets
Jera Co. has agreed to book two gas carriers from Mitsui OSK Lines Ltd. that will enable Japan’s largest power producer to transport low-carbon ammonia from the US and build up a supply chain for the alternative fuel.
Bloomberg Markets
The London Metal Exchange plans to launch a steel futures contract that gives global investors exposure to Shanghai prices, marking another step in the internationalization of Chinese commodities futures.
Bloomberg Markets
Global funds are piling into Indian government bonds after New Delhi removed taxes on debt for foreign investors and eased ownership caps, along with moves that have helped stabilize the rupee.
Bloomberg Markets
NSE is currently valued at about $53 billion in the unlisted market.