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Epstein Fallout Puts UK Premier on the Brink
Keir Starmer's future is in the balance after his chief of staff quit over the appointment of Peter Mandelson as ambassador to Washington. Rosalind Mathieson reports on how Mandelson's ties to the disgraced pedophile Jeffrey Epstein threaten to engulf Starmer…
Iran Calls US Nuclear Talks a ‘Step Forward’
Iran's president has described the Friday nuclear talks with Washington as "a step forward" and said "dialogue has always been our strategy for resolving issues peacefully." Bloomberg's Michael Heath reports on the latest. (Source: Bloomberg)
HESTA CEO Blakey to Step Down From Australian Pension Fund
The chief executive officer of A$101 billion ($71 billion) Australian pension fund HESTA, Debby Blakey, said she will leave her role in the second half of this year after more than a decade in the top job.
What Markets Expect From Takaichi: Amova’s Fink
Amova Asset Management Chief Global Strategist Naomi Fink says Prime Minister Sanae Takaichi must build market trust to fulfill her election pledges. (Source: Bloomberg)
Hedge Funds Ramp Up Bearish Pound Option Bets on Starmer and BOE
The British pound has been hit by a one-two punch in recent days, and it may come under further pressure as hedge funds boost bearish bets against the currency in the options market.
Singapore Sees Fewer Jobs Created Even With More Investments
Singapore is pulling in bigger investments, but getting fewer jobs in return, with employment pledges dropping to decades-low levels even as fixed-asset commitments rose last year.
Australia’s Household Spending Surprisingly Declines in December
Australia’s household spending growth unexpectedly declined in December following strong gains in the preceding two months, with the outlook for the new year clouded after the Reserve Bank raised interest rates to help restrain demand.
KDDI Shares Sink on $1.6 Billion Hit From Probe Into Fake Sales
KDDI Corp. shares plunged by the most in almost six years after Japan’s second-largest telecom provider said an ongoing investigation into fictitious ad sales will result in revisions to its group revenue for the year ending March.
Japan’s Nikkei Surges as Takaichi Win Fuels Spending Hopes
Japanese stocks gained the most since April as Prime Minister Sanae Takaichi’s historic win in Sunday’s election ignited expectations of more government spending in key industries.