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Bloomberg
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Bank of Japan's policy path filled with risks after global market turmoil
In some ways, investor complacency after such a long period of steady BOJ policy made the likelihood of jumpy markets inevitable when it came time for Japanese authorities to exit
 "Bank of Japan's policy path filled with risks after global market turmoil")
Elon Musk's riot tweets spur UK to seek tougher social media rules
Not to mention large amounts of racist content posted by other X users that UK officials say has helped fuel disturbances that have erupted in isolated pockets across country, particularly in north
 "Elon Musk's riot tweets spur UK to seek tougher social media rules")
Japan issues its first 'megaquake' warning after powerful tremors in Kyushu
A megaquake in what's known as the Nankai trough could surpass the damage from the March 2011 earthquake and tsunami that devastated the northern coast of the main island of Honshu
 "Japan issues its first 'megaquake' warning after powerful tremors in Kyushu")
One of world's youngest billionaires to double fortune on Ola IPO
Aggarwal, 38, added $1.4 billion to his wealth after shares of his SoftBank Group Corp.-backed Ola Electric jumped 16 per cent
 "One of world's youngest billionaires to double fortune on Ola IPO")
Saudi Arabia: MBS wants Hollywood's help to grow local film industry
Beyond attracting foreign producers, Saudi Arabia is hoping to plant the roots of its own industry, reflecting its values
 "Saudi Arabia: MBS wants Hollywood's help to grow local film industry")
After getting out of hand during Covid, subscription boom faces big test
A majority of US adults surveyed in March said they pay too much for subscriptions
 "After getting out of hand during Covid, subscription boom faces big test")
Temu owner's billionaire founder Colin Huang becomes China's richest person
Huang has mainly stayed out of the limelight after he stepped down as PDD's chief executive in 2020
 "Temu owner's billionaire founder Colin Huang becomes China's richest person")
Japanese govt issues its first 'megaquake' warning after powerful tremor
Defined as a major tremor occurring in 100- to 150-year cycles, a megaquake could surpass the damage from the March 2011 earthquake
 "Japanese govt issues its first 'megaquake' warning after powerful tremor")
Investors grow concerned with India's heatwaves as they hit earnings
The heatwave featured no fewer than 80 times in earnings calls for the quarter ended June
 "Investors grow concerned with India's heatwaves as they hit earnings")
Group of about 1,200 tech workers signs letter backing Kamala Harris
The letter called Harris an 'archetypical innovator' and 'champion of technology'
 "Group of about 1,200 tech workers signs letter backing Kamala Harris")
RBI expected to step up intervention if the rupee touches 84 level
Indian currency tested a series of record lows in recent days but stopped short of crossing that key level
 "RBI expected to step up intervention if the rupee touches 84 level")
Why the collapse of a friendly govt in Bangladesh is bad news for India
Chaos at India's eastern doorstep is also a warning to the bigger economy: youth want employment
 "Why the collapse of a friendly govt in Bangladesh is bad news for India")
Three quarters of global carry trades removed: JPMorgan Chase & Co
The carry strategy - which involves borrowing at low rates to fund purchases in higher-yielding assets elsewhere - has been wobbling for months
 "Three quarters of global carry trades removed: JPMorgan Chase & Co")
Meta raises its largest high-grade debt sale of $10.5 billion: Report
The longest portion of the deal, a 40-year security, yields 1.3 percentage points above Treasuries after initial discussions of around 1.55 percentage points
 "Meta raises its largest high-grade debt sale of $10.5 billion: Report")
Dimon Says He's Skeptical Inflation Will Return to Fed's 2% Target
Dimon has been warning for more than a year that inflation may be stickier than investors expect
 "Dimon Says He's Skeptical Inflation Will Return to Fed's 2% Target")
Govt to retain curbs on sugar exports to ensure adequate domestic supplies
The government wants to make sure there's enough sugar for the local market at reasonable prices, and on using more cane to produce ethanol
 "Govt to retain curbs on sugar exports to ensure adequate domestic supplies")
Bangladesh may not hold elections so soon, says ex-foreign secretary
The interim government is likely to be around for a longer term because they need to bring about constitutional changes
 "Bangladesh may not hold elections so soon, says ex-foreign secretary")
US Judge refuses to block Byju's payment to India's cricket board
US Bankruptcy Judge Brendan Shannon rejected a lender request to block Riju Ravindran, brother of Byju's founder
 "US Judge refuses to block Byju's payment to India's cricket board")
Tim Walz poorest of other V-P candidates with net worth of under $1 mn
Walz's most recent disclosure to the Minnesota Campaign Finance Board listed no stocks, real estate or horse racing interests
 "Tim Walz poorest of other V-P candidates with net worth of under $1 mn")
RBI watchers on guard for shift as Guv Das takes decision on interest rate
Global markets have been roiled in recent weeks by central bank action, with the Bank of England cutting interest rates last week, the Bank of Japan hiking, and the Federal Reserve preparing to ease
 "RBI watchers on guard for shift as Guv Das takes decision on interest rate")
