Business

Bessent says U.S. backed Japan’s yen intervention to help stabilize Asia

Treasury Secretary Scott Bessent said the U.S. bought yen alongside Japan to curb currency volatility and reduce risks to Asian markets.

Russia's Alrosa holds 50% of world's diamond reserves — Putin

The head of state specified that the company's output figures accounted for about 30% of global production

Bessent Says Yen Level Problematic for Japan, Other Currencies

Treasury Secretary Scott Bessent said the weakness of the yen has contributed to Japan’s inflation problem and raised the risk of broader depreciation of Asian currencies as he reiterated US support for efforts to stabilize the situation.

Fed’s Paulson Keeping an ‘Open Mind’ on Interest Rates

Federal Reserve Bank of Philadelphia President Anna Paulson said she will keep an open mind about the path for interest rates, writing in an essay on Tuesday that she is focusing on the trends of underlying inflation. Michael McKee reports…

Govt optimistic monthly trade surplus returns as oil prices stabilize

Indonesian Trade Minister Budi Santoso has expressed optimism that Indonesia's trade balance will return to a ...

Gatwick airport to open second runway after legal challenge fails

£2.2bn project will allow about 100,000 more flights a year to use Britain’s second busiest airport Business live – latest updates Gatwick airport is to start development of its second runway after campaigners lost a legal challenge to the…

Trump Gives Iran 'Last Chance'; SpaceX, AMD Earnings Ahead | Bloomberg Brief 08/04/2026

US equity futures hover near a record high amid a tech-led rally. President Trump says his latest offer of talks is Iran's last chance to make a deal with the US. SpaceX is set to report its first earnings since going public. Cayla Seder…

Kalshi strikes partnership with compliance tech firm to help companies police insider trading

The company will announce a partnership with Comply, a compliance technology company, on Tuesday, Kalshi told CNBC.

Ship attacked near Strait of Hormuz as status of U.S.-Iran talks remain unclear

An attack on a vessel near the Strait of Hormuz and a rebound in oil prices on Tuesday underscored doubts that the U.S.-Iran war was nearing a resolution, as Tehran pushed back against President Donald Trump's assertion that talks were…

Obsidian Security raises funding at $1.1 billion valuation on AI security demand

HSBC profit jumps as bank unveils major share buyback plan

British banking giant HSBC said on Tuesday it would buy back up to $1 billion (€0.86bn) of shares after reporting a sharp rise in first-half profit.

My son has cancer. Kalshi wants you to be able to bet on his medical future | Joshua Pederson

The predictions market is planning to allow betting on clinical trial results and regulatory decisions as our family fights for his survival My son is 12 years old. No matter how many Legos we get him, he will only build robotic mechs. He…