Markets, trade, and economic policy worldwide
India's National Stock Exchange planned IPO is set to unlock the value of long-term investments for backers including Morgan Stanley, Temasek and State Bank of India.
Gold rises after the Federal Reserve leaves interest rates unchanged, WSJ reports.
Wall Street banks and foreign borrowers are rushing to tap China's cheaper capital, CNBC reports.
South Korea’s antitrust watchdog has rejected settlement proposals from the country’s two largest food delivery platforms, leaving both firms exposed to potentially significant fines over alleged unfair business practices.
South Korea's Kospi index rises above 9,000 points for the first time ever.
Uzbek fintech Uzum, backed by investors including China's Tencent, aims to hold another funding round as the group seeks to support rapid expansion plans ahead of a potential IPO.
The South Korean benchmark index .KS11 climbs to a record 9,000.68 points.
South Korea's KOSPI surpassed the 9,000 milestone, driven by chip stocks, despite a hawkish Federal Reserve and uncertainty surrounding Iran, Yonhap reports.
HSBC fined $24.6 million over Australian scam failures, Financial Times reports
The Shanghai Stock Exchange has relaxed IPO rules to allow unprofitable AI and technology start-ups to list.
Australia's population growth rate fell to 1.5 percent in 2025 as migrant intake declined, according to data released by the Australian Bureau of Statistics. The national population rose by 412,500 to 27.8 million, with natural increase contributing 111,500 and net overseas migration 301,000.
The global lithium market has turned positive as analysts see demand from energy storage systems and electric vehicles spurring gains for the battery material.
New projects and foreign-backed mines are reshaping Zimbabwe's lithium sector, with uneven local gains.
The London Metal Exchange plans to launch a steel futures contract giving global investors exposure to Shanghai prices, marking another step in the internationalization of Chinese commodities futures.
Tokenized $SPCX stocks have reached $100 million in trading volume on the Solana blockchain, Benzinga reports.
Kevin Warsh's Federal Reserve left interest rates unchanged, with officials split over the possibility of rate hikes later this year.
Federal ReserveChristopher Waller said that Middle East developments affect the Fed's work even if not its responsibility, and confirmed the committee discussed productivity and artificial intelligence today.
JPMorgan Asset Management's Bob Michele says the economy is in good shape, and that Fed's Warsh is 'destined to disappoint' Trump.
Warsh: We need to make sure rising prices don't broaden through the economy.
Federal ReserveChristopher Waller declined to comment on conversations with Trump, but stated he has met with Treasury Scott Bessent three times and finds their weekly meetings very useful.
The Cabinet of Ministers approved a three-year public investment plan for 18 sectors totaling 271 billion hryvnias.
Volkswagen is resorting to sealed bids to avoid conflicts in the sale of its $10 billion engine business, according to the Financial Times.
China's top securities regulator pledged to welcome more domestic listings from AI developers as well as Hong Kong traded firms to bolster onshore capital markets.
The European Union is preparing trade relief measures for Armenia following Russian import bans, according to the Financial Times.
Japan's 5-year government bond yield fell 4.5 basis points to 1.865%.
Novig receives CFTC approval as competition in sports prediction markets intensifies.
Portugal is confident it will complete the sale of a minority stake in TAP Air Portugal to either Air France-KLM or Deutsche Lufthansa AG, though final approval may not come for another year.
Fuel restrictions have affected at least 33 regions of Russia, according to BBC Russian. Problems have emerged even in Moscow and agricultural regions, with major companies like Tatneft and Lukoil imposing limits. The scale is still smaller than the crisis of autumn 2025, when nearly 60 regions were affected.
The New York Federal Reserve's Empire State Prices Paid Index decreased to +61.0 in June from +62.6 in May.
Mining startup Phoenix Tailings received a conditional commitment for $500 million in long-term debt financing from the Pentagon’s Office of Strategic Capital to help build a domestic rare-earth processing facility.