France's Bond Risk Premium Tops 100 Basis Points for First Time Since 2012
France's 10-year borrowing premium over Germany crossed 100 basis points for the first time since 2012, as budget and political risks weigh on investor sentiment.
Economy
Fed Official Blames 'Risk Aversion' for SVB Oversight Gaps
Fed Vice Chair for Supervision Michelle Bowman says a culture of risk aversion, not relaxed rules, hindered oversight before Silicon Valley Bank's collapse.
EU to Shield Electrical Steel Sector with Quotas and Minimum Prices
The European Commission will impose import quotas and minimum prices on electrical steel and downstream products to protect EU producers from cheap Asian imports.
Marine Insurers Expand Black Sea High-Risk Zone as Shipping Attacks Rise
London's marine insurance market has widened its Black Sea high-risk zone to the whole sea area as Ukraine-Russia shipping attacks escalate.
Beijing Warns EU Over EV Export Limits, Vows to Protect Chinese Automakers
China says it will watch EU actions on new energy vehicle exports closely and take necessary steps to protect Chinese auto companies, calling trade ties mutually beneficial.
Andhra Pradesh taps digital tools to near pulses cultivation target
Andhra Pradesh has reached about 99% of its pulses cultivation target despite El Niño conditions, aided by digital agriculture initiatives.
Malaysia to Press Listed Firms on El Nino Readiness, Eyes Middle East Regulatory Ties
Malaysia's Securities Commission will ask major listed companies to disclose their El Nino preparations and is exploring closer regulatory ties with the Middle East.
Putin Decree Transfers Russian Assets of Nestle, Auchan to LEV Management
A decree signed by Vladimir Putin moved the Russian operations of Nestle, Auchan, Lemana Pro and FM Logistic to a firm called LEV Management.
French borrowing costs spike as default insurance hits 2025 high
French 5-year credit default swaps hit 41.5 bps and the 10-year spread over Germany topped 100 bps as bond markets sold off.
Kremlin Places Nestle, Auchan Russian Units Under Temporary Control
Russia has placed the local businesses of Nestle and Auchan under temporary administration, invoking a 2023 law that has previously led to forced sales.
Supreme Court Stays High Court Ruling on Income Tax Reassessment Provision
The Supreme Court stayed a Punjab and Haryana High Court order striking down Section 147A of the Income-Tax Act, which governs reassessment notices.
Ukraine Weighs Priority Export Access for Higher-Value Farm Goods
Ukraine's agriculture ministry has agreed to prioritise transport capacity for higher-value farm exports when routes are constrained, though a mechanism is still being developed.
EU Proposes Barring India From Importing Its Metal Scrap Under 2027 Waste Rules
The European Commission has proposed a list of non-OECD exemptions under its Waste Shipment Regulation, leaving India out for metal waste from May 2027.
Euro Zone Ministers Flag Bond Yield Rise, Urge Fiscal Discipline
Euro zone finance ministers voiced concern over rising global bond yields and stressed the need to stick to EU-approved fiscal paths to preserve credibility.
Thrissur Emerges as Keralam's Top-Ranked City in Oxford Economics Global Cities Index
Thrissur has become Keralam's highest-ranked city in the Oxford Economics Global Cities Index, overtaking Kochi, which led the State in the 2024 edition.
Salk Scientists Test Deep-Rooted Soybeans to Fight Climate Stress and Store Carbon
Researchers at the Salk Institute are field-testing soybeans with deeper root systems, hoping they can withstand drought and store more carbon in the soil.
Fed to Finalise Stress Test Overhaul in Coming Weeks, Bowman Says
Fed Vice Chair for Supervision Michelle Bowman said a final version of the revamped bank stress test will be considered in the coming weeks, with more disclosure and averaged capital buffers.
Italy Seeks Stronger Red Sea Naval Force as Houthi Advances Threaten Shipping
Italy's defence minister calls for a larger naval presence in the Red Sea, citing Houthi advances and risks to the Suez trade route.
Salk Institute Trials Deep-Root Soybeans to Trap Carbon and Beat Drought
Salk Institute scientists are field-testing soybeans engineered with deeper root systems that could store carbon in soil and improve drought resilience.
Trump Touts $5,000 'Dividend' Pledge as GOP Candidates Keep Distance
Trump renewed his $5,000 'dividend' pledge in North Carolina, but Republican candidates in competitive races have largely stayed silent on the proposal.