Day: October 19, 2025
Japanese family businesses are facing a succession crisis. That is fueling a private equity boom
Japan Inc. is confronting a ticking demographic time bomb, and private equity players are racing to defuse it. Across the country, ageing business owners are facing a dual reckoning: heirs not interested in taking over the family business, and steep inheritance taxes. For many family businesses, rooted in the tradition of handing over the reins […]
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China’s economic growth likely slowed in third quarter
China Shipping containers are seen at the port of Oakland as trade tensions continue over U.S. tariffs with China, in Oakland, California, on May 12, 2025. Carlos Barria | Reuters BEIJING — China’s economy likely slowed in the third quarter, with official data due Monday expected to confirm weaker growth, according to analysts polled by […]
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These fund managers are betting against sterling as fears grow over UK outlook
A number of asset managers are betting that the pound will tumble in value as the U.K. wrestles with faltering growth and Finance Minister Rachel Reeves confronts a looming fiscal headache in next month’s budget. Candriam is positioned short against the pound, with Nicolas Jullien, Candriam’s global head of fixed income, highlighting the U.K.’s challenging […]
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Stock futures rise ahead of big earnings week: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 16, 2025. Jeenah Moon | Reuters Stock futures moved higher Sunday night as investors turn their attention towards a slew of big-name earnings reports and inflation data expected in the coming days. Futures tied to the Dow […]
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X lawsuit vs. Apple and Open AI stays in Fort Worth, Texas; judge suggests they move there
A judge ordered that X and xAI’s lawsuit accusing Apple and OpenAI of trying to maintain monopolies in artificial intelligence markets must remain in federal court in Fort Worth, Texas, despite “at best minimal connections” to that geographic area by any of the companies. Judge Mark Pittman, in a sharply ironic four-page order on Thursday, […]
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Trump urged Zelenskyy to cut a deal with Putin or risk facing destruction, FT reports
U.S. President Donald Trump welcomes Ukraine’s President Volodymyr Zelenskyy at the White House in Washington, D.C., U.S., October 17, 2025. Jonathan Ernst | Reuters U.S. President Donald Trump urged Ukrainian President Volodymyr Zelenskyy to accept Russia’s terms for ending the war between Russia and Ukraine in a White House meeting on Friday, warning that President […]
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Trump calls Colombia’s Petro an ‘illegal drug dealer’ and announces an end to US aid to the country
U.S. President Donald Trump speaks to members of the media as he arrives at Palm Beach International Airport, in West Palm Beach, Florida, U.S., Oct. 17, 2025. Elizabeth Frantz | Reuters President Donald Trump said Sunday he would slash U.S. funding to Colombia because the country’s leader “does nothing to stop” drug production, in what […]
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Israel strikes Gaza in first major test of ceasefire
Palestinians transport an injured man following what, according to medics, was an Israeli strike, at Al-Aqsa Martyrs Hospital, in Deir al-Balah, central Gaza Strip, on Oct. 19, 2025. Mahmoud Issa | Reuters Israel’s military said it struck multiple targets on Sunday in Gaza, using aircraft and artillery, after it said Hamas militants shot at Israeli […]
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As Anthropic tries to keep pace with OpenAI, it’s also taking on the U.S. government
Dario Amodei, co-founder and chief executive officer of Anthropic, at the World Economic Forum in 2025. Stefan Wermuth | Bloomberg | Getty Images Artificial intelligence startup Anthropic is doing all it can to keep pace with larger rival OpenAI, which is spending money at a historic pace with backing from Microsoft and Nvidia. Of late, […]
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China wants to play the long game with the U.S. What that means for Chinese stocks
As U.S.-China tensions escalate and overall market volatility rises, investment strategists expect Chinese stocks will hold up as the country doubles down on tech development. “For now I think as long as people’s sentiment on [the] U.S. is slightly positive, sentiment on China will continue to be positive,” said Liqian Ren, leader of quantitative investment […]
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