Global News

25 years on, father of Japanese 9/11 victim continues to grieve

"My sorrow and anger will persist until I die," said Kazusada Sumiyama, who lost his son to the terrorist attacks.

The Bull Market Fears a Fed Cycle, Not One Hike: Taking Stock

Wall Street has a rule for how equity bull markets end: the economy rolls over or the Fed tightens until something breaks. Neither is in place right now, but rate risk is creeping back.

UK economy grew faster than expected in July

The economy expanded by 0.4%, official figures show, whereas economists had predicted no growth.

Xi Jinping's India visit to help diplomatic thaw, but business ties bound by suspicion: Analysts

While China-India relations have improved in recent years, businesses in both countries continue to face hurdles, underlining the gap between diplomatic progress and economic ties, say analysts.

DeepSeek's New Model Rattles Chipmakers and AI Rivals

“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)

LDP-backed Koja has slight lead over incumbent Tamaki in Okinawa gubernatorial vote

The two candidates are neck and neck, media polls show.

Former Singapore Idol judge Ken Lim appeals conviction, 13-month jail term for molesting woman

The court reserved judgment on the appeal and will deliver its decision at a later date.

True Fitness members caught off-guard by abrupt closure, some seek refunds

Singapore's consumer watchdog says it has received 28 complaints from members, with reported losses of more than S$63,000 in unutilised memberships, packages and services.

Bessent’s intervention risks damaging BoJ’s credibility, bankers warn

US Treasury secretary’s claims of insider knowledge could erode market perceptions of Japanese central bank’s independence

FTSE 100 Live: UK Economy Unexpectedly Grows in July

Bathla Crisis Prompts Australia to Ask Banks About Credit Bets

Australia’s prudential regulator has asked banks and pensions about their exposure to private credit funding, the latest sign that authorities want more information to identify risks in the country’s debt market in the wake of collapsed property developer Bathla Group.

‘Structural evolution’: Hong Kong draws back talent as IPO boom fuels financial hub’s revival

More than 400 companies either set up local entities or expanded their presence in the city in the first six months of...

Yields Hit Multiyear Highs on Oil Surge, Fed Hike Bets

"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)

Bonds Selloff Pushes 10-Year Treasury Yield Closer to 5%

Bond bears are pushing benchmark Treasury yields toward the closely-watched 5% level ahead of US inflation data that stands to determine expectations for a Federal Reserve interest-rate hike next week. Bloomberg MLIV's David Savage reports. (Source: Bloomberg)

India-China Set For Bilateral Talks At BRICS Summit

Chinese President Xi Jinping will visit India this weekend to attend the BRICS summit, marking his first trip to the country since 2019. But Observer Research Foundation's Antara Ghosal Singh says while progress has been made on the India-China border issues, economic ties between both sides remain challenging. She spoke with Bloomberg's Insight with Haslinda Amin. (Source: Bloomberg)

Oil Trades Near $107 as Houthi-Saudi Fighting Escalates

Brent oil traded near $107 barrel as fighting between Yemen-based Houthi militants and Saudi-backed forces intensified. The global benchmark surged more than 6% in the previous session and is on track for its biggest weekly gain since July. Bloomberg's Ben Sharples reports. (Source: Bloomberg)

Hong Kong hits Tiananmen vigil activists with yearslong jail sentences

The United Nations, rights groups and foreign governments have condemned the convictions.

1996 election showed Taiwanese choose their own leaders: Ex-president

1996 election showed Taiwanese choose their own leaders: Ex-president Focus Taiwan

UK Big Business Urges Chancellor to Cut Levies on Energy Bills

A raft of British businesses urged Chancellor John Healey to move levies off electricity bills as rising energy costs squeeze industries from chemicals to steel.

New AI rules called for in U.S. after Anthropic researchers warn of human extinction

Alarm grew this week when an Anthropic researcher said the "people building AI earnestly ​believe that it could kill us all by the end of the decade."

Parent body of asteroid Ryugu formed early in solar system history, study finds

Until now, the timing of the formation of the asteroid, as well as the parent body, itself, had remained uncertain.

2 men arrested at airport hours after allegedly breaking in to MTR depot to graffiti trains

Two men who allegedly broke into an MTR depot and spray-painted graffiti on a parked train have been arrested at the airport while waiting to board flights out of Hong Kong. Officers received a report from staff at the Chai Wan MTR depot at around 2pm on Wednesday that a train had been sprayed with […]

How LV Lost Millions by Winning a Trademark Dispute in China

A trademark fight with a local tea maker sparked a patriotic backlash that exacerbated a demand slump for LVMH’s most profitable label. While the broader downturn in the Asian powerhouse has slammed all luxury brands, LVMH Moët Hennessy Louis Vuitton SE’s flagship label was the worst hit in July and August, people familiar with the matter said. (Source: Bloomberg)

Micron’s Taiwan workers to get rewards worth up to 68 months of pay

The company employs about 15,000 people in Taiwan

Iran and US Brace for Long War

Iran and the US are digging in for a protracted war, with little sign of a near-term ceasefire or return to normal Middle East energy flows even if hostilities remain at a low intensity. The conflict has entered a form of stalemate, with critical issues including control of the Strait of Hormuz and Iran’s nuclear program still unresolved. Bloomberg's Stuart Livingstone-Wallace breaks down the situation. (Source: Bloomberg)

AI firm Anthropic says it disrupted election manipulation operation targeting voters in Malaysia

Anthropic says its Claude AI was used to build a voter-targeting system covering all 222 parliamentary constituencies in Malaysia, while the threat actor also unsuccessfully pursued a contract with the country’s communications regulator.

Zurich, Allianz insured transactions linked to Radiant World: report

This comes amid concerns that invoices Radiant World provided to banks may not have been valid

Micron rewards engineers in Taiwan with $40,000 cash bonus

All employees in Taiwan will also receive equities as part of the annual merit grants.

Ng family’s Far East group sells Watten Estate property for S$84.2 million to Aurum Land

A landed project is understood to be planned for the site

Jon Ronson on Men Cast Adrift

Jon Ronson’s work often focuses on unusual people and societal undercurrents. His latest book, “The Castle,” features men struggling to find purpose in a changing world. (Source: Bloomberg)

Rybakina not putting pressure on herself before Sabalenka showdown

DeepSeek’s low-cost model deals fresh blow to rivals OpenAI, Z.AI; hits memory makers

It claims its V4.1 Flash outperforms mainstays, yet offers a steep discount to the competition

As Trump squeezes the International Criminal Court, more countries are leaving - apnews.com

As Trump squeezes the International Criminal Court, more countries are leaving apnews.com

Gauff sees progress despite US Open exit

Former head of Takeda Pharmaceutical dies at 80

As president of Takeda Pharmaceutical, Yasuchika Hasegawa paved the way for the company to go global.

Sydney Airport flights disrupted due to air traffic controller shortage

The staffing situation has been described as “a bit insane”

Fabregas delighted as Como live up to Champions League standard in dream debut

Elena Rybakina beats Coco Gauff and will play Aryna Sabalenka for the US Open women's title - apnews.com

Elena Rybakina beats Coco Gauff and will play Aryna Sabalenka for the US Open women's title apnews.com

Stage is set for Kirishima to earn yokozuna promotion

With Hoshoryu out and questions surrounding the fitness of Onosato and Aonishiki, Kirishima has emerged as the man to beat.

49ers rout Rams 27-7 in NFL’s first Australia game behind Brock Purdy’s 3 TD passes - apnews.com

49ers rout Rams 27-7 in NFL’s first Australia game behind Brock Purdy’s 3 TD passes apnews.com

Vance seizes Maga spotlight at Republican midterm convention as party looks beyond Trump

The president has yet to signal who he would back in 2028

JD Vance seizes MAGA spotlight as Republicans begin looking beyond Trump

Republican party leaders are looking for signs of who might eventually carry President Donald Trump's movement forward.

Malaysia’s king postpones decision on ex-PM Najib Razak’s pardon bid

Najib still retains influence over UMNO

Trump-Vance’s midterm pitch: vote Republican or live with the ‘lunatics’

Party far more comfortable raising fear of Democratic alternative than discussing own policies, including Iran war

Former Malaysia PM Najib to remain in jail as pardons board defers application

The Federal Territories Pardons Board met on Friday (Sep 11) but deferred Najib’s application for a pardon to a future meeting. Najib is scheduled to complete his current jail term on Aug 23, 2028.

'Islam is being hijacked': Brother of Muslim first responder killed in 9/11

Zeshan Hamdani, who lost his older brother in the North Tower, is speaking out after push back against New York Mayor Zohran Mamdani attending the 25-year memorial.

Hormuz shipping traffic falls to single digits, data shows

This is well below the 10-day average of 15

Justice Department investigating Clippers’ dealings with Kawhi Leonard

The NBA fined the Clippers $30 million and stripped away five first-round draft picks to punish the franchise for circumventing salary cap rules.

Body camera video offers a rare look inside an immigration raid at a NY factory - apnews.com

Body camera video offers a rare look inside an immigration raid at a NY factory apnews.com

US rate rise fears ripple through global bond markets

Houthi advances push oil prices higher while markets await inflation data on Friday

No jet lag for 49ers as Purdy routs Rams in Australia

San Francisco thrashed Los Angeles 27-7 in the NFL's first-ever regular-season game in the country.

‘Desperate’ Sabalenka books U.S. Open title clash with Rybakina

Aryna Sabalenka was simply unstoppable in a 7-5, 6-2 victory on Arthur Ashe Stadium, where she also beat Jessica Pegula in 2024 and 2025.

The US has loosened Iran’s grip on the Strait of Hormuz, but the costly war is far from over - apnews.com

The US has loosened Iran’s grip on the Strait of Hormuz, but the costly war is far from over apnews.com

Few Places to Hide as Bond Selloffs Continue

AMP economist My Bui projects US 10-year Treasury yields could reach 5% as structural inflation drivers remain intact. She notes that sustained market pressures may keep Federal Reserve interest rates elevated as equities come under pressure, creating a situation where investors lack safe havens amidst market turmoil. (Source: Bloomberg)

The Dutch Village in the Path of Europe’s Energy Transition

Demand on the Netherlands’ power grid is outpacing its expansion. Charlotte Hughes-Morgan reports from Moerdijk, the village at risk of being razed for new infrastructure. (Source: Bloomberg)

Iran and Gulf states to meet in push for Hormuz deal

Regional states hope temporary shipping agreement between Iran and Oman can offer a pathway to ease hostilities and reopen the strait

Scott Bessent fails to break ‘fever’ in US bond market

Treasury secretary’s $6bn bond operation is insufficient to stem the recent surge in borrowing costs, investors warn

Dubai airport group plans underground fuel tanks to protect against strikes

UAE pressing ahead with expansion plans for flight hub despite the Iran war

Why Warsh is starting to bite back

The Fed chair may defy the president’s desire for a rate cut at Wednesday’s meeting

America remembers: twenty-five years after 9/11

The shock that briefly brought a shared sense of purpose has left a complicated legacy

Europe’s difficult choices on AI

Data is the one area where it can still be sovereign and it has the greatest potential to generate growth

Sweden's Election Has Investors Focused on Nuclear Power, Taxes and Welfare

Voters are set to decide on Sweden’s nuclear power expansion, taxes on the wealthy and the future of the krona in Sunday’s general election

Inflation report lands amid spiking oil prices, rising interest rates and Fed on fence - apnews.com

Inflation report lands amid spiking oil prices, rising interest rates and Fed on fence apnews.com

Trump Rejects Warnings That AI May Lead to Human Extinction

President Donald Trump brushed aside warnings from artificial intelligence researchers that the technology is becoming too hard to control and could kill all humans, saying his paramount interest is maintaining an edge over China.

OCBC tops Forbes ‘World’s Top Performing Banks’ list, DBS in second

The two Singapore banks take the top two spots among global banks in the inaugural version of the list

Taiwan’s No. 2 Makes Rare Europe Trip, Defying China’s Isolation

Taiwan’s No. 2 official is making a rare visit to Europe for a conference, a move that defies China’s push to diplomatically isolate the democratic island.

NFL-Rams blunder Down Under as 49ers win landmark Australia game

Trump’s Two Days in Dallas: $5,000 Cash, ‘Socialists’ and Opera

President Donald Trump exited his midterm convention in much the same position as he entered — staring down potentially bruising November elections and facing questions about his power to influence the results.

Malaysia King Defers Ruling on Ex-PM Najib’s Pardon Bid

Malaysia’s King Sultan Ibrahim Iskandar has deferred a ruling on jailed former Prime Minister Najib Razak’s bid for a royal pardon, the government said in a statement on Friday.

Vance? Rubio? DeSantis? Cruz? Republicans at Dallas convention ponder options for post-Trump leader - apnews.com

Vance? Rubio? DeSantis? Cruz? Republicans at Dallas convention ponder options for post-Trump leader apnews.com

BOJ set to raise rates at Sep 17-18 meeting, but offer few clues on how high they could go

A rate hike just three months after its last one in June suggests a faster pace of tightening

World-first Australian work from home laws face uncertain future

The Victorian government was due to pass the laws on Sep 10, giving eligible workers the right to work from home two...

New OBS Coney Campus officially opens, features wheelchair-accessible high adventure elements

"We want OBS to become a rite of passage for all young Singaporeans," says Prime Minister Lawrence Wong at the launch of the new OBS campus on Coney Island.

The Suica mascot campaign is getting weird … and wonderful

Japan's online masses have rallied around a purple rabbit, raising questions about who really decides Suica's future.

Five big takeaways from Trump's midterm convention

Five big takeaways from Trump's midterm convention Reuters

‘A bank should ask questions’: Five DBS accounts linked to Jho Low associate in 1MDB case

The 1MDB Asset Recovery Task Force says lenders are ‘gatekeepers of the financial system’

Japan to promote AI-powered agriculture in Hokkaido with special zones

In the special zones, autonomous tractors will be allowed to travel on public roads without a driver when moving in a convoy.

Kiki Darling addresses past sexual assault conviction in apology video after Ah Boys To Firefighters exit

In his apology video, the actor and content creator said he takes "full responsibility" for his actions and regrets not being transparent with his wider audience.

Rybakina books US Open final with defending champion Sabalenka

Kim Jong Un wants North Koreans to have more (state-sanctioned) fun

North Korean leader Kim Jong Un, himself no stranger to indulgence, is orchestrating new ways for his citizens to spend their wealth.

Korea’s Lee Faces Pushback as Trump Ups Pressure Over Hormuz

President Lee Jae Myung’s approval rating fell to a new low amid growing opposition over potential deployment of troops to the Strait of Hormuz, highlighting the political risks for the South Korean leader as he weighs options after US pressure to help secure the strategic waterway.

Vietnam Airlines places provisional order with Airbus for five Airbus A350-900s

Food, music and culture: Why some Singaporeans are choosing to learn Malay

Some adult learners are taking their Malay beyond the beginner level, while one tuition centre is seeing growing demand among younger students.

Philippine Coast Guard battles smoke in search for ferry fire missing

The fire that tore through the ferry on Wednesday evening killed at least five people and left 84 missing.

Man United's Carrick pleased with Sesko's return to form ahead of City derby

From desperation to confidence, Sabalenka flips the script

Developers rush to build homes on Vietnam’s breathtaking coast, testing a new urban model

These large-scale, seafront projects are eyeing long-term residents rather than tourists

Vietnam's Grab drivers call for two-day app boycott over falling earnings

‘To do something hard but meaningful:’ Endowus’ Samuel Rhee on the drive for better financial outcomes for customers

With its wealth platform that serves many with institutional-level services, the fund manager is doing things differently

BOJ set to lift rates next week but offer few clues on terminal, sources say

Former U.S. President Bush remembers 9/11 through exhibit of his art

The 80-year-old former U.S. president took up painting a few years after leaving office in 2009.

Pegula salutes Sabalenka and takes US Open defeat in stride

'It was heartbreaking'- Americans remember what they were doing on 9/11

The BBC asks people in Washington what they were doing on that day and how 11 September 2001 changed the country.

Mercury’s radius has shrunk by over 10 kilometers, Japanese team finds

A spacecraft from the Japan-Europe joint exploration mission BepiColombo is set to arrive on Mercury in November.

Katayama Calls Bessent’s ‘House’ Remark Scary in Translation

Japanese Finance Minister Satsuki Katayama said US Treasury Secretary Scott Bessent’s recent reference to himself as “the house” sounded a little frightening when translated into Japanese, while saying she understood the expression reflected the secretary’s former role as a hedge-fund manager.

Japan’s Nikkei plummets 3% as oil prices surge

Markets anxious that Middle East tensions and surging oil prices could fuel inflationary pressures.

Iceland to propose whaling ban, leaving Norway and Japan isolated

Only Iceland, Norway and Japan have conducted commercial whaling in recent years, according to the International Whaling Commission's catch list.

Japanese startup bets Iron Man-inspired homes can beat humanoids

MW aims to sell its first robot-equipped home in Tokyo by 2028 and build as many as 10,000 units a year by 2035.

Anthropic disrupts Russian, Chinese AI campaigns targeting its Claude models

Alibaba, Moonshot, DeepSeek and Xiaomi are among tech giants Anthropic accuses of trying to extract and replicate Claude's capabilities.

Hong Kong Tiananmen vigil activists jailed for up to 7 years, 3 months for inciting subversion, group fined HK$1.5 million

Three activists who once organised annual vigils to mark the 1989 Tiananmen crackdown crackdown have been sentenced to up to seven years and three months in prison. Appearing before a panel of designated judges at the West Kowloon Law Courts Building on Friday, Chow Hang-tung, Lee Cheuk-yan, and Albert Ho were handed the jail terms […]

Children of 9/11 to finally get a major health study

Major questions remain about whether exposure to the toxins and the trauma on 9/11 and afterward increased the children's long-term health risks.

Turning 60, Crown Princess Kiko shares thoughts on Imperial House Law and family

Crown Princess Kiko, the wife of Crown Prince Akishino, turned 60 on Friday.

Vance Asks Voters To Stick With GOP, Nods To Iran War Angst

Vice President JD Vance urged voters to stick with the Republican party even if they disagree with the Trump administration on some issues — a call to look beyond tensions with the MAGA movement and frustration over the war in Iran.

August is tied for the world’s hottest month ever recorded

It ties July 2023 as the warmest month on record, with temperatures 1.65 deg C above pre-industrial levels

Japan’s producer price gains stay elevated, backing BOJ hikes

The measure of input prices for Japanese firms rose 7.6% in August from a year earlier, the Bank of Japan has reported.

Secretary-General of ASEAN delivers Pre-Recorded Remarks for the Launch of “Creative ASEAN”

Secretary-General of ASEAN, Dr. Kao Kim Hourn, this evening delivered pre-recorded remarks for the launch of “Creative ASEAN: Enhancing Regional Cultural Cooperation through Residencies and Professional Exchange between ASEAN and France,” where he highlighted how ASEAN’s rich cultural The post Secretary-General of ASEAN delivers Pre-Recorded Remarks for the Launch of “Creative ASEAN” appeared first on ASEAN Main Portal .

From Maggi noodles to Thums Up: How India became dependent on cheap packaged food

India’s packaged food market grew to US$137.25 billion in 2026, from US$129.18 billion in 2025

True Fitness, True Yoga close all outlets; liquidators start winding-up process

For the 8 months ended Aug 31, parent company records US$2.4 million loss, with total liabilities of HK$429 million

How 9/11 changed Japan’s approach to security forever

The attack triggered new precedents in overseas activities that became enshrined in law and led to the deepening of ties with foreign partners.

Copper Heads for Weekly Loss as Doubts on US Tariffs Intensify

Copper headed for its first weekly loss since June on concern the US is pushing back a decision on whether to impose import tariffs.

Chinese Nvidia challenger Enflame jumps 188% in Shanghai market debut

Chinese Nvidia challenger Enflame jumps 188% in Shanghai market debut Nikkei Asia

‘Gambling with our lives’: OpenAI open to slowing cutting-edge AI, CEO Sam Altman tells staff

This comes as staff of leading AI firms voice public concerns about the technology’s risks

Global bonds fall as surging oil prices inflame inflation risks

Japan’s Nikkei tumbled 2.8 per cent and South Korea’s Kospi dived 2.7 per cent.

Consumer financial disputes fall for S’pore banks, rise for life insurers and financial advisers

Industry dispute body handled 432 market conduct claims in the last financial year.

US Treasury yields surge as oil spike, buyback results fuel sell-off

Traders remain underwhelmed with the size of Bessent’s amped-up buyback operation

Japan’s wholesale inflation stays elevated in August, boosts case for rate hike

Experts polled expect the BOJ to hike rates to 1.25% next week

Putin Lands in India for BRICS Summit Shaped by Wars, Tariffs

Russian President Vladimir Putin arrived in India for a BRICS summit with Prime Minister Narendra Modi and other leaders, as wars in the Middle East and Ukraine test the bloc’s push for greater economic clout and a bigger voice in global affairs.

South Korea ramps up spy law to protect chip secrets from China

Although China is not explicitly mentioned in the revised law, its rapid progress looms large over Seoul's efforts to guard its chip prowess.

South Korea, Japan stocks decline as Asian shares drop on oil, inflation concern

The MSCI Asia Pacific Index falls 1.4% after the S&P 500 Index slips 0.5%

Oil prices set to end week above $100 for first time in nearly 4 months

Oil prices set to end week above $100 for first time in nearly 4 months Reuters