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A stronger dollar and rising yields: How the Fed’s rate hike could hit global markets
Source: CNBC
Original reporting
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CNBC
Bank of England set to defy Fed’s rate-hike lead, despite rising inflation
The Bank of England is expected to keep rates steady Thursday, even after U.K. inflation rose to 3.1% and energy costs keep pressure on prices.
CNBC
Inside India newsletter: The world’s largest real-time payments system will no longer be free for all
India's digital payment system, which processes more than 1 million transactions every two minutes for free now, will start charging fees to merchants.
CNBC
Japan’s corporate leaders sound alarm over weak yen — even dollar-earners are voicing concerns
While the Japanese yen has strengthened rapidly over the past two weeks, it remains weak in historical terms.

BBC Business2 outlets
OpenAI reveals six more safety issues and unveils plan to disclose incidents
The firm also announced a new system to track, investigate and disclose cases of models misbehaving, or "misalignment".
CNBC
Oil extends losses as Saudi Arabia reportedly offers ship-to-ship crude transfers after pipeline hit
Oil prices fell as additional Saudi crude supplies eased concerns over disruptions to the kingdom’s exports.

BBC Business2 outlets
Would you buy branded clothing from your favourite tech firm?
Nvidia, OpenAI and Anthropic are all now selling their own limited edition fashion lines