Russia uses hypersonic missile against Ukraine, confirming strike near Lviv
Kyiv confirmed a hypersonic missile, reaching 13,000 km/h, hit infrastructure near Lviv, Ukraine, marking an escalation in the conflict.
Russia uses hypersonic missile against Ukraine, confirming strike near Lviv
Kyiv confirmed a hypersonic missile, reaching 13,000 km/h, hit infrastructure near Lviv, Ukraine, marking an escalation in the conflict.
UK Gilts Post Best Week in Months on BoE Rate Cut Hopes
UK government bonds ("Gilts") are rallying strongly, boosted by falling inflation and growing speculation about Bank of England interest rate cuts.
ECB Develops Digital Euro: Use Cases, Differences with Cryptocurrencies, and Concerns Raised
The European Central Bank (ECB) is working on a digital version of the EU's single currency. This project raises questions about its applications, distinction from cryptocurrencies, and generated concerns.
Binance and Coinbase Launch Precious Metals Perpetual Contracts
Binance and Coinbase introduced new perpetual contracts on precious metals, diversifying their offerings beyond cryptocurrencies into traditional finance this week.
India must modernize logistics to capture trade flows, according to Adani Ports
Karan Adani, head of Adani Group's port unit, highlights India's need to improve logistics infrastructure to attract companies seeking alternatives to China.
Italian Retail Sales m/m
Actual: 0.5% — Forecast: 0.3% — Previous: 0.5%
Netanyahu Appoints Nickolay Mladenov to Head Gaza Peace Council
Nickolay Mladenov will oversee the steps of the Gaza ceasefire, signed last October. He is a former Bulgarian minister and UN envoy to Iraq.
Greenland Faces Challenges in Exploiting Vast Rare Earth and Critical Mineral Resources
Greenland holds significant reserves of rare earth and critical minerals. However, investor attraction remains difficult due to exploitation obstacles and uncertain profitability.
Israeli attacks in Gaza: at least 13 deaths reported by Palestinians
Israel conducted strikes in Lebanon and the Gaza Strip. Militants report 35 deaths during protests in Iran, where justice promises severe repression.
Historic Agreement: Germany and India Finalize Submarine Contract
Chancellor Merz aims to strengthen economic cooperation during his visit to India, with major partnerships planned in defense and energy sectors.
Deutsche Bahn suspends long-distance rail traffic in northern Germany due to severe weather
Long-distance rail traffic is interrupted in northern Germany due to storm Elli, causing disruptions and delays also at airports.
Russia deploys Orechnik hypersonic missile in Ukraine in response to drone attack
Russia's Defense Ministry confirmed the use of the Orechnik hypersonic ballistic missile against Ukraine, justifying it as retaliation for a suspected drone attack on Vladimir Putin's residence.
US Employment Data Forecast and its Impact on Fed Policy
Themis Themistocleous (UBS Global Wealth Management) anticipates non-farm payroll figures and their influence on Federal Reserve rates. He also discusses the Supreme Court's decision on Donald Trump's tariffs.
Chinese inflation hits near three-year high in December
Chinese inflation accelerated in December, mainly due to rising food prices, reaching 0.8% year-on-year, according to official data.
LG Electronics Posts Q4 Operating Loss Despite 4.8% Sales Increase
LG Electronics reported a consolidated operating loss of 109.4 billion won in Q4, down from a profit last year, despite a 4.8% sales increase.
Asian markets rise ahead of US jobs data and Trump tariff decision
Asian stocks advanced Friday as investors awaited US jobs figures and a Supreme Court decision on the legality of President Donald Trump's tariffs.
Residential real estate prices are rising again in major cities
A new barometer reveals a sharp increase in apartment and house prices. The CEO of Immoscout anticipates interest rate trends for 2026.
Storm Goretti causes massive power outages in the UK and France
Storm Goretti left thousands of homes without power in the UK and France due to high winds and snow, prompting people to stay home.
France renounces free trade agreement with Mercosur
President Emmanuel Macron decided not to sign the free trade agreement with South American countries, marking European isolation and failing to appease farmers.
RRJ Capital raises $1.1 billion for its first private credit fund
RRJ Capital, a private equity firm, raised $1.1 billion in the first closing of its inaugural private credit fund, targeting Asia-Pacific.
Dollar edges higher ahead of US jobs data
The US dollar saw a slight increase this morning, while Dow Jones futures held steady, anticipating December's official US non-farm payroll data.
Asian Markets Rise, Chinese Inflation Hits 34-Month High
Asian stock markets trend positively as investors await a US Supreme Court decision. Chinese inflation reached its highest level in 34 months.
USA Considers Greenland Acquisition, Deemed Strategic for Security
President Trump highlighted Greenland's importance for US security. Discussions are underway regarding acquisition terms, including financial compensation for residents.
The Sleep Company Appoints Former Eternal CFO Hemal Jain as CFO
Hemal Jain, formerly CFO of Eternal and CFO of Hyperpure, the company's B2B arm, joins The Sleep Company. She participated in Eternal's 2021 IPO.
Zalando closes its Erfurt logistics center, impacting 2,700 jobs
Zalando announced the closure of its Erfurt logistics site in September, citing growth pace. This decision affects 2,700 employees in eastern Germany.
Venezuelan offshore oil hits peak after US intervention
Venezuelan crude oil stored offshore has reached its highest level in over three years, following US intervention.
Vodafone Idea Considers Debt Financing to Boost Growth
Vodafone Idea Ltd. is exploring debt financing options to accelerate its growth, following the Indian government's decision to cap annual payments for past spectrum dues.
Cementos Portland sells its stake in Keystone Cement for $105 million
This transaction is expected to generate a capital gain of $55 million for Cementos Portland. Completion is anticipated in the second half of the year.
US Supreme Court Imminent Decision on Tariffs, Rio-Glencore Merger Talks
US Supreme Court to rule on legality of Donald Trump's tariffs. Rio Tinto and Glencore discuss merger. Chinese inflation accelerates, and payments to Greenland residents are mentioned.
Indian economy threatened by increased tariffs, says former advisor
Former chief economic advisor Arvind Subramanian warned that India's economy, without a robust recovery, could be weakened by higher US tariffs and cheap Chinese product dumping.
Dax stable ahead of US jobs data
The Dax opens the session with little change as investors await key US labor market figures for new direction.
Trump's Tariff Decisions, Rio Tinto-Glencore Merger, and Economic/Geopolitical News of 9/1/2026
Markets await the Supreme Court's decision on Trump's tariffs and the US jobs report. Rio Tinto and Glencore resume merger talks. Zambia seeks IMF loan. Saudi Arabia aims to reduce UAE's role in Yemen. Security guarantees for Ukraine are a sticking point in peace talks.
Samsung forecasts record Q4 2025 profits despite lower smartphone earnings
Samsung Electronics anticipates record overall Q4 2025 profits, driven by memory chips. However, analysts predict lower earnings from its mobile division.
Illicit cryptocurrency transactions reach a record high in 2025
In 2025, economic sanctions led to a significant increase in cryptocurrency flows to suspicious addresses, marking a new record for illicit transactions.
Tamil Nadu launches deep tech startup support policy with phased funding
This policy offers R&D grants, commercialization support, and expansion funding, including venture debt and a government-backed fund of funds, tailored to technology maturity levels.
Residential construction prices continue to rise
Despite rising material and labor costs, the number of housing construction permits is increasing, according to the Federal Statistical Office.
Trump Considers Ground Strikes Against Cartels After Maduro Operation | Daybreak Europe 1/9/2026
President Trump announced US military preparations for strikes against drug cartel facilities in Venezuela, days after President Nicolas Maduro's capture. He also ordered Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds.
Foreign Currency Reserves
Actual: 725B — Previous: 727B
Unemployment Rate
Actual: 3.0% — Forecast: 3.0% — Previous: 3.0%
IAG appoints José Antonio Barrionuevo as new Chief Financial Officer
José Antonio Barrionuevo succeeds Nicholas Cadbury. CEO Luis Gallego highlights his extensive experience in finance, transformation, and strategy as a key asset for the airline.
Trump Tariff Decision; Rio Tinto-Glencore Merger | Horizons Middle East & Africa 9/1/2026
Markets react to US jobs report and Supreme Court decision on Trump tariffs. Merger talks between Rio Tinto and Glencore are ongoing. Zambia seeks IMF loan, Saudi Arabia aims to end UAE role in Yemen. Security guarantees for Ukraine are key in peace talks.
Sainsbury's reports strong Christmas sales as shoppers spend more on groceries
UK's second-largest supermarket chain, Sainsbury's, saw positive festive sales, joining Tesco and M&S.
IAG announces the departure of its Chief Financial Officer Nicholas Cadbury in June
IAG SA, the parent company of British Airways, announced that its Chief Financial Officer, Nicholas Cadbury, will leave his position and the group in June.
Unite Group adjusts valuation of its student property funds amid UK sales slowdown
Unite Group Plc has made slight impairments to its student housing funds as demand for university residences in the UK shows signs of slowing.
Razorpay Prepares for IPO, Aims to Raise ₹4,500 Crore
Indian digital payments company Razorpay has begun formal preparations for its IPO, seeking bankers to manage the offering and raise up to ₹4,500 crore.
X (formerly Twitter) faces rising AI-related complaints in India after Grok Imagine launch
India's government is reviewing X's response to obscene content. X is taking action against offending users and enhancing protections, especially after Grok Imagine's deployment.
UpGrad ends Unacademy acquisition talks due to valuation disagreements
Discussions between UpGrad and Unacademy have failed. The two parties could not agree on the final valuation, leading to the official halt of acquisition talks.
Indian Prime Minister meets AI startup leaders, stresses ethical models
Prime Minister Modi emphasized ethical, unbiased, and transparent AI principles, expressing confidence in India's global AI transformation role.
German Exports Record Sharpest Drop in 18 Months Amid Industrial Production Gains
Germany's exports saw their steepest decline in 18 months, while the country's industrial production showed signs of recovery.
Sainsbury's raises cash flow forecast after sales growth
The British retailer confirmed its underlying retail operating profit forecast after a rise in third-quarter and Christmas sales.
French Consumer Spending m/m
Actual: -0.3% — Forecast: -0.1% — Previous: 0.4%
French Industrial Production m/m
Actual: -0.1% — Forecast: -0.2% — Previous: 0.2%
EU Reaches Record US Gas Imports But Misses Trade Targets with USA
The EU imported a record volume of gas from the USA but failed to meet the agreed import value. Experts doubt a change, which could give Trump leverage.
Trump's Greenland plan shakes European politics
Former French Prime Minister Dominique de Villepin tells Francine Lacqua that any US attack on Greenland would be a red line for Europe, calling it "absolutely unacceptable".
India's 7.4% Growth: Strong Signal or Misleading Headline?
Former Chief Economic Advisor Arvind Subramanian analyzes India's 7.4% growth, cautioning against excessive optimism due to slowing nominal indicators and external pressures.
China Vanke Prepares Debt Restructuring Plan, Edging Closer to Default
Property developer China Vanke is creating a debt restructuring plan at the authorities' request, which could lead to a payment default.
Yen Falls Against Major Currencies in Asian Session
The Japanese yen declined against other major currencies during Friday's Asian trading session, indicating a widespread weakening.
Sainsbury's posts disappointing Christmas sales, reflecting UK retail struggles
J Sainsbury Plc reported year-end sales below forecasts, joining other UK retailers facing a difficult Christmas.
Copper and other base metals advance, anticipating a fourth weekly rise
Base metals, including copper and aluminum, continued their rally, driven by supply concerns and investor enthusiasm for commodities.
German industrial production rises for third consecutive month in November
German industrial production increased in November, with the manufacturing sector ignoring tariff concerns and anticipating benefits from Berlin's fiscal stimulus plan.
Dollar advances ahead of key US jobs data release
The dollar continued to rise against a basket of currencies after figures showed a smaller-than-expected increase in US jobless claims. December labor market data is expected Friday.
German industrial production advances, driven by the automotive sector
German industrial production rose for the third consecutive month, signaling a potential economic recovery in Europe's largest economy, particularly thanks to the automotive sector.
Bank of Japan expected to raise economic growth forecasts
The Bank of Japan (BOJ) is expected to raise its economic growth outlook at its next meeting, while keeping its key interest rate unchanged, according to sources close to the matter.
Seoul stocks hit new record, boosted by auto, defense, and shipbuilding
South Korean stocks extended their rally for a sixth session Friday, with the Kospi closing at 4,586.32 points. The Korean won weakened against the US dollar.
German automotive industry more optimistic, driven by e-mobility according to Ifo
The Ifo index reveals renewed optimism in the automotive industry, particularly due to the growth of the electric vehicle segment, improving business outlook.
Peter Navarro on Trump's Diplomacy, China Tariffs, and the Supreme Court
Peter Navarro, former Trump trade advisor, discusses US-China relations, tariffs, and a Supreme Court decision on emergency powers. He also covers mid-term elections and economic policy.
Modi's failure to call Trump scuttled trade deal, Lutnick says
US Commerce Secretary Howard Lutnick stated that Indian PM Narendra Modi's failure to call President Donald Trump prevented a US-India trade deal last year.
Turkish Vice President Confirms Strict Economic Policy Maintenance
Turkey's Vice President Cevdet Yilmaz stated the country will maintain a strict economic policy despite signs of slowing inflation, countering expectations of easing.
Split within the French pharmaceutical laboratories union
Fifteen manufacturers, including Sanofi, Ipsen, and Pierre Fabre, are leaving LEEM, the federation of pharmaceutical companies in France, citing insufficient representation of their interests.
South Korea targets 2% growth in 2026, banking on semiconductors and investment
South Korea's Economy and Finance Ministry unveiled its economic growth strategy, forecasting 2% expansion in 2026, driven by high-tech industries and investment recovery.
Weak demand for electric vehicles weighs on battery maker LG
Reduced demand for electric vehicles negatively impacts battery maker LG. Other companies like Fast Retailing, Samsung, and Next raised profit forecasts.
US seizure of Venezuelan oil impacts Chinese refineries and Beijing's claims
The US confiscation of Venezuelan oil penalizes small Chinese refineries and jeopardizes the repayment of Caracas' debts to Beijing, despite Venezuela's secondary role as a supplier.
French Economy Anticipates Improvement Due to Falling Inflation
Falling inflation in France is expected to boost purchasing power and consumption, with growth projected at 1% for 2026.
Insight with Haslinda Amin - 9/1/2026: Global Market Analysis and Geopolitical Tensions
This daily program on September 1, 2026, features in-depth interviews and analysis on China's inflation, oil, investment outlook, Southeast Asian border tensions, M&A, AI, commodities, and the Indian economy.
German Industrial Production m/m
Actual: 0.8% — Forecast: -0.6% — Previous: 1.8%