Britain’s defense sector vies for stretched government funding on path to 2.5%
British defense officials are vying to secure more funding as Finance Minister Rachel Reeves’ upcoming Autumn budget.
Maersk slumps 5% as the end of U.S. port strikes weighs on European shipping stocks
Shares of Moller-Maersk slumped more than 8% Friday as European shipping companies fell on the conclusion of a U.S. port strike.
Singapore court charges property billionaire Ong Beng Seng over scandal involving former minister
A court filing said he was due to face two counts, related to the obstruction of justice and abetment.
CNBC Daily Open: October’s gravity bringing stocks down
After September’s stellar showing, all major indexes are poised for a losing week in the first week of October.
Japan PM Shigeru Ishiba asks ministers to craft economic relief package to cushion inflation impact
During his campaign, Ishiba vowed to reduce the burden on households suffering from rising living costs and showed intentions to boost rural revitalization.
Starlink to end the days of spotty Wi-Fi on planes, says Air New Zealand CEO
Reliable and fast Wi-Fi will become “ubiquitous” on full-service carriers, Greg Foran told CNBC’s “Squawk Box Asia” Friday.
Goldman Sachs says crude could spike by $20 on Iran oil shock
Oil prices could shoot up $20 per barrel if Iranian production sees a hit, said Goldman Sachs.
Online retailer Shein to hold roadshows soon ahead of London IPO, Reuters reports
Shein plans informal investor meetings soon for its London IPO, as it awaits UK regulatory approval, three sources familiar with the matter tell Reuters.
China’s stimulus rally has already sent stocks up 25%. And there could be more to come
Mainland markets is closed for a week-long holiday commemorating the 75th anniversary of the People’s Republic of China. Trading is set to resume on Oct. 8.
Hong Kong markets resume rally as investors weigh China stimulus, oil gains
Asia-Pacific markets traded mixed on Friday, though Hong Kong’s Hang Seng index is up over 2%, resuming its rally.
