Starmer Leadership Threat, China's Phantom Loans, Wall-St India Hiring Spree

Starmer Leadership Threat, China's Phantom Loans, Wall-St India Hiring Spree

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) Allies of Keir Starmer sought to ward off a feared leadership challenge from one of the British premier’s best-known ministers, as cabinet feuds spilled into the open just weeks before the government is due to unveil a contentious budget.

(2) The weakness in the UK labor market is likely to have been overstated, economists and policymakers warned, after new figures shifted the narrative in Westminster and financial markets ahead of the budget.

(3) Asian stocks rose alongside Treasuries after softer US jobs data strengthened bets on a Federal Reserve interest-rate cut, boosting market sentiment.

(4) Banks in China are asking clients to take out loans and then immediately repay them, with the bank covering the interest, in a practice known as "quick-lend-and-recover".

(5) The US military is exploring whether to build a temporary base capable of housing 10,000 people near the Gaza Strip as part of its push for a stabilization force of troops from other countries to monitor a ceasefire between Israel and Hamas.

(6) Germany must start dialing back its borrowing limits from 2029 to ensure solid public finances over the long term, according to the Bundesbank.

Podcast Conversation: Harvest Report: 2025 Is Turning Out to Be a Great Year for Wine

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Episoder(1048)

The Fed Could Head Higher and Musk's Twitter Following

The Fed Could Head Higher and Musk's Twitter Following

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BoJ Gets A New Boss And Inflation Expectations

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14 Feb 202315min

The US Downs More Objects And Oil Retreats

The US Downs More Objects And Oil Retreats

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UPDATE: The UK Avoided A Recession In 2022, But Only Just

UPDATE: The UK Avoided A Recession In 2022, But Only Just

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Britain dodges a recession for another quarter.(2) The BOE says public sector pay rises may spur inflation.(3) Meta...

10 Feb 202317min

No Nickel Costs Trafigura More Than A Dime

No Nickel Costs Trafigura More Than A Dime

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Metal fraud leaves Trafigura facing a a $577m loss.(2) The BOE says public sector pay rises may spur inflation(3) O...

10 Feb 202317min

UPDATE: Credit Suisse CEO: 'Results Are Unacceptable'

UPDATE: Credit Suisse CEO: 'Results Are Unacceptable'

Your morning briefing. The news you need in 15 minutes. On today's podcast:(1) The Credit Suisse CEO speaks to Bloomberg as bank reports grim results.(2) Disney's Bob Iger goes on a cost-cutting drive...

9 Feb 202321min

Credit Suisse Losses Mount and Disney Cuts Jobs

Credit Suisse Losses Mount and Disney Cuts Jobs

Your morning briefing. The news you need in 15 minutes. On today's podcast:(1) Credit Suisse reports grim results with bigger losses and investors pull investment.(2) Disney's Bob Iger goes on a cost-...

9 Feb 202317min

Fed Chief Speaks To Bloomberg And A $500,000 Electric Rolls-Royce

Fed Chief Speaks To Bloomberg And A $500,000 Electric Rolls-Royce

Your morning briefing. The news you need in just 15 minutes. On today's podcast:(1) The Fed Chief tells Bloomberg more hikes are needed.(2) The search for quake survivors continues in Turkey and Syria...

8 Feb 202316min

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