World

International affairs and the global forces shaping business and politics.

Directional signs for GIFT City's financial district in Gandhinagar, India

Bank Assets at India's GIFT City Jump 60% to $193 Billion, Challenging Singapore

Foreign currency deposits and external commercial borrowings drove a three-month surge at India's offshore financial hub, as regulators push to position it as a rival to Singapore, Hong Kong and Dubai.

2m ago

World

Prabowo's Own Brother Warns Indonesia's Stock Market Crisis Threatens the Nation's Standing

Hashim Djojohadikusumo says the president was "extremely angry" after an MSCI transparency warning triggered a selloff that hit retail investors, with Jakarta risking a downgrade to frontier-market status if reforms stall.

1h ago

Politics

Fox News Ratings Slide Into Election Week, and Republicans Are Taking Notice

Prime-time viewership fell 28% over the four weeks before the midterms, Fox's weakest stretch since 2023, raising questions about whether conservative audiences are losing enthusiasm for the Trump-era news cycle.

1h ago

Stacked propane gas cylinders behind a fenced depot in Bolivia

World

Bolivia's Markets Rally on IMF-Backed Reforms as Fuel Subsidy Cuts Fuel Public Anger

President Rodrigo Paz's push to scrap fuel subsidies and float the boliviano has unlocked a $1.9 billion IMF program and cheered investors, even as diesel price hikes of more than 80% stoke threats of renewed street protests.

1h ago

Business

Peyton Manning's Real Estate Portfolio Includes Two Multimillion-Dollar Denver-Area Homes

The NFL Hall of Famer bought a $4.6 million Cherry Hills Village mansion when he joined the Broncos in 2012, then added a second nearby property for roughly $5.3 million more than a decade later.

October 22, 2026

World

Japan's Trade Deficit Hits Record $17.8 Billion as Iran War Sends Oil Prices Soaring

Both exports and imports hit all-time highs in the first half of Japan's fiscal year, but a surge in oil prices tied to the blocked Strait of Hormuz pushed the country's trade balance deep into the red.

October 22, 2026

A man arranging gold bars in a vault alongside storage crates

Markets

Central Banks Are Stockpiling Gold at Four Times the Normal Pace, Goldman Says

Goldman Sachs estimates central banks bought 79 tonnes of gold in August, with China leading the charge, as the debate shifts from how much gold to hold to where to store it amid growing concerns about reserve security.

October 22, 2026

Business

AI-Uncovered PHP Flaw Sends Governments Scrambling to Take Websites Offline

Critical vulnerabilities in the widely used PHP programming language, found with the help of AI tools, prompted cybersecurity agencies across Europe and beyond to urge website operators to disconnect sites until they could be patched.

October 22, 2026

World

Palantir's Europe Chief Says the Region Should Accept Its Reliance on US Tech

Louis Mosley argued European dependence on American technology providers is unavoidable in the near term, as Palantir also sought to reassure allies that its NATO AI system has no 'kill switch' after Starlink disruptions in Ukraine raised sovereignty concerns.

October 22, 2026

A gloved hand holding a smartphone circuit board with SK Hynix memory chips

Business

Huawei Secures $2.3 Billion Offshore Loan as AI Chip Spending Surges

Chinese banks extended a seven-year, yuan-denominated loan to Huawei, its first offshore syndicated borrowing since 2020, as the company's research spending and chip stockpiling drive up its funding needs.

October 22, 2026

World

Never-Exhibited Monet Sells for $56 Million at Sotheby's Paris

Iris, a monumental 1924-25 canvas from Claude Monet's final years that had never been publicly shown, fetched $56 million as part of a landmark sale of works from the secretive Schlumberger family collection.

October 22, 2026

World

Indian Tycoon Cuts Price on Surrey Mansion by 23% as He Exits the UK

A high-end estate in Surrey's exclusive St. George's Hill enclave has been re-listed with a 23% price cut, the latest sign of wealthy residents offloading UK property as they relocate abroad.

October 22, 2026

Png Chin Yee gesturing while speaking during an on-stage interview

Business

Temasek's Png Chin Yee to Join CapitaLand Investment's Board

Png, who leads the roughly 40% of Temasek's S$518 billion portfolio held in Temasek Portfolio Companies, is set to take a board seat at the Singapore-listed real estate manager, according to people familiar with the matter.

October 22, 2026

Markets

Typhoon Champi Shuts Down Taiwan's $5 Trillion Stock Market

Taiwan halted trading and closed schools and offices in Taipei as Typhoon Champi, which briefly reached super typhoon strength this week, bore down on the island with Category 4-equivalent winds.

October 22, 2026

Markets

Indonesia Eyes $1.5 Billion Panda Bond as MSCI Downgrade Risk Looms

Southeast Asia's largest economy is returning to China's onshore bond market to diversify its funding sources as MSCI warns Indonesia's emerging-market status is in jeopardy.

October 22, 2026

Ukrainian President Volodymyr Zelensky speaking at a table with the Ukrainian flag behind him

World

Ukraine's Drones Are Hitting a New Target: The Data Centers Powering Russia's AI Ambitions

A string of Ukrainian drone strikes on Yandex, Sberbank and VKontakte facilities this month has knocked out Russian cloud, banking and AI infrastructure that experts say could take years to rebuild.

October 22, 2026