Key Points Yields on UK, German and Japanese 30-year government debt are up by about 45 basis points, 74 basis points and 100 basis points this year. This is in stark contrast to Singapore, whose 30-year bond yields have declined by about 75 basis points so far this year, indicating strong investor interest. Analysts tell…
Italy — a perennial favorite of the rich and famous — is attracting a new wave of ultra-wealthy arrivals looking to take advantage of its investor friendly environment, thriving real estate market and low tax regime. As many other countries clamp down on the super-rich, Italy has been bucking the trend; its accommodative flat-tax regime…
LONDON — European stock markets are set to open higher on Friday, as investors await a key U.S. jobs report that’s likely to set expectations for an upcoming Federal Reserve interest rate cut. Major bourses are all seen opening higher, according to IG data. Both equities and bonds sold off globally earlier in the week…
Aerial view of the La Isla salt flat, located at 3,950 meters above sea level near the border with Argentina in the Atacama Region, Chile, taken on May 16, 2024. Rodrigo Arangua | Afp | Getty Images Argentina’s President Javier Milei is scrambling to unlock the South American country’s copper potential, seeking to capitalize on…
When Sakda Vicheansil, a lawmaker from western Thailand, announced his resignation from the ruling Pheu Thai party in early September, his words reflected the extraordinary decline of the country’s most dominant politician, Thaksin Shinawatra. “Thai people across the country, and especially in my constituency – Kanchanaburi, Constituency 4 – are suffering,” he said on Facebook. “The government has completely failed to resolve…
Indonesian investigators on Thursday named a former education minister and co-founder of Gojek, Nadiem Makarim, a suspect in a corruption case. Bloomberg | Bloomberg | Getty Images Indonesian investigators on Thursday named a former education minister and co-founder of ride-hailing firm Gojek, Nadiem Makarim, as a suspect in a corruption case about alleged improper laptop procurement and said he had been detained. An investigator at the…
Newly manufactured cars awaiting export at a port in Yokohama, south of Tokyo, Japan, on March 27, 2025. Issei Kato | Reuters U.S. President Donald Trump signed an executive order Thursday stateside to implement a trade deal with Japan, with 15% baseline tariffs on most Japanese goods, including autos. The deal had been reached in…
A “now hiring” sign is displayed on a local business after, U.S. employment growth slowed more than expected in July, in Encinitas, California, U.S. August 1, 2025. Mike Blake | Reuters Markets have been rising on hopes that weak jobs data will lead to rate cuts. But they could be staring at an oncoming freight train if…
Mount Fuji and buildings in the Shinjuku district are reflected on a table at an observation deck in Tokyo, Japan, on December 24, 2013. Kiyoshi Ota | Bloomberg | Getty Images Asia-Pacific markets opened higher Friday after U.S. President Donald Trump signed an executive order Thursday formalizing a lower Japanese auto import tariff of 15%,…
Humanoid robots are having a moment. Earlier this week, Chinese robotics manufacturer UBTech announced it had obtained a 250-million-yuan ($35 million) procurement contract for its Walker S2 humanoid robots — the largest single order for humanoid robots globally to date. Tech billionaire Elon Musk is also a big fan of the tech. On Tuesday, Musk…
