Briefed News
Business, markets, economics and policy from the Briefed newsroom. Every story is sourced and connected back to the wider briefing.
BHP's Jansen potash project is becoming the mining industry's most expensive lesson in greenfield cost discipline. The company has flagged a $2.3 billion impairment and simultaneously disclosed that Stage 2 costs have risen from $4.9 billion to $6.9 billion, a 41% increase on an expansion that was only approved in 2023, as Morningstar's deal coverage confirms.
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Page 3Elastic's acquisition of DeductiveAI, a CRV-backed startup that uses AI to detect, triage, and propose fixes for software bugs, is a small deal with a clear strategic read.
MSCI's May 2026 reassessment of Indonesia's market accessibility status is either complete or imminent, and the stakes are not symmetrical.
A 50-60% oil price spike was, it turns out, all India needed to tip its EV market into a new gear. The Financial Times reports EV sales up as much as 30% since the Hormuz crisis began, with the surge…
Kevin Warsh held rates at 3.5-3.75% yesterday and still managed to send two-year Treasury yields up 15 basis points, because the message was the meeting, not the decision.
BWX Technologies has agreed to license its small modular reactor design following sustained pressure from activist investor Ananym Capital Management, which argued that the IP from the shelved mPower…
The FOMC voted unanimously to hold, but Kevin Warsh's description of internal deliberations as a 'good family fight' is the most honest thing a Fed chair has said about FOMC dynamics in years, and…
Onitsuka Tiger delivered 34% net sales growth to 46.8 billion yen in ASICS's latest quarter, with trade sources citing an operating margin of around 38%, making it one of the highest-margin fashion…
At the G7 in Evian, Trump admitted to a 'little dispute' with Netanyahu over Lebanon, which is diplomatic shorthand for a substantive disagreement that could unravel the wider regional settlement he…
There is no 'turn off Gemini in Docs' button inside Google Docs. To disable it, you navigate to Gmail settings, find smart features, toggle off two separate options in a submenu called 'Manage…
Braskem faces an approximately $100 million coupon payment on its international bonds in July, and the out-of-court restructuring talks have hit a wall over creditor treatment: some lender groups are…
Imperial College London reached number two globally in the QS 2026 rankings, which sounds like good news until you look at the research-specific Leiden table, where Zhejiang University is now ranked…
Serve Robotics has grown from roughly 100 to 2,000 autonomous sidewalk vehicles in twelve months, Starship and Coco each have fleets in the thousands, and the regulatory framework in most US cities…
Malaysia's bond-swap spread sits at plus 12 basis points, meaning government bonds yield less than equivalent interest-rate swaps, a signal of relative sovereign confidence that Thailand, South Korea,…
Kardigan priced its IPO at $400 million, above the original $373 million target, becoming the fourth biotech in 2026 to raise at least that amount and pushing the median 2026 biotech IPO size to…
Speculative dollar longs are at their highest level in over a year, with the largest single-week increase since 2018 according to CFTC data, and the macro case for it is firmer than a pure safe-haven…
Hedgeye's Felix Wang has put a HK$407 fair value on Zhipu as a short, running directly against the momentum that has made it the hottest name on the HSTECH Index this year, and his core argument is…
Apollo and Bain Capital have advanced to the front of the pack in the auction for Continental's ContiTech industrial unit, with a valuation range of roughly 3.5 billion to more than 4 billion euros…
The post-Brexit regulatory reset is not a simple loosening of financial rules, it is a redistribution of where risk is managed.
IMF chief Kristalina Georgieva is now arguing explicitly that AI will worsen inequality in most scenarios unless governments intervene, pointing to her institution's own estimate that roughly 60% of…
The SFC is distributing a HK$1 billion compensation pool funded by PwC Hong Kong for Evergrande minority shareholders, and it has refused to pause despite a judicial review filed by Evergrande's own…
Huawei has reached 7nm domestic production via SMIC using advanced DUV multi-patterning, and DeepSeek's R1 model delivers competitive reasoning performance at significantly lower compute cost than…
When the federal government files to protect 46 unpermitted gas turbines on the grounds that they power systems used in military operations, the boundary between environmental law and industrial…
Trump adviser Massad Boulos has spent months brokering a power-sharing arrangement built around two family networks: the Dbeibehs in the west and the Haftars in the east, with the reported plan…
Basel 3.1 takes effect on 1 January 2026 in the UK, and the PRA's near-final package includes targeted easings for SME lending and infrastructure capital, but broadly preserves the post-2008 capital…
The market spent months pricing a sustained supply crisis. The mechanism that would have caused it is now unwinding faster than the consensus assumed.
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