global finance

External Affairs Minister S. Jaishankar has warned that India and the world face an approaching crisis spanning energy, food, fertiliser and finance. He cautioned that major grain exporters may be unable to ship supplies out of the Black Sea, raising the risk of a global food shortage. The remarks, highlighted by Congress leader Supriya Shrinate, drew wide attention, with critics framing the warning as a panic signal from the government.

A Nepali activist addressed a rally outside the United Nations, calling for climate justice in the wake of glacier floods in Nepal that reportedly killed thousands. The speaker argued that countries like Nepal, which contribute little to global emissions, suffer disproportionately from climate-driven disasters, and urged wealthy nations to take responsibility. The remarks come amid mounting pressure at the U.N. for stronger climate financing and loss-and-damage commitments to vulnerable mountain nations.

The Wall Street Journal reports that a 94-year-old restaurant supply magnate is assembling one of the largest family offices in the world, managing his fortune and investments. The profile highlights how the billionaire's wealth, built over decades in food service supply, is being organized into a formal investment vehicle, drawing attention to the growing scale and influence of family offices in global finance.

Sportico has released the programme for its Invest London event, featuring a line-up of global sports leaders. The agenda brings together executives and investors from across the sports industry to discuss business, finance and growth in the sector. Details of specific speakers and sessions were not included in the announcement.

Hedge funds now hold a record 7% of the $30 trillion US Treasury market, according to a new report. The figure highlights how heavily leveraged funds have become major players in government debt trading, often through basis trades that exploit small price differences between Treasuries and futures. Analysts are watching the growing share closely, since rapid unwinding of such positions could add volatility to a market that underpins global finance.

Saudi Arabia has withdrawn from mBridge, the cross-border digital currency project backed by the Bank for International Settlements that aimed to enable central banks to settle payments without the dollar. Commentators argue the move shows the limits of efforts to build alternatives to dollar-based finance, with Riyadh prioritising its currency peg and close financial ties to the United States over BRICS-style de-dollarisation ambitions.

Yahoo Finance Singapore continues to serve as a major destination for live stock market data, quotes, and business and finance news covering Asian and global markets. Investors and market watchers rely on the platform for real-time updates on equities, currencies, and economic developments affecting the Singapore and broader Asia-Pacific region.