Funds Commit 5% To UK, Global Markets Soar, Starmer House Fire Probe

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) UK pension fund managers have agreed to invest at least 5% of their assets at home, marking a win for the Labour government that’s seeking to boost the economy by drawing billions of pounds into local startups and infrastructure projects. (2) Most Asian stock markets rose, following a rally in US equities, on optimism the US-China trade truce marks the end to an all-out tariff war. (3) Xi Jinping’s decision to stand his ground against Donald Trump could hardly have gone any better for the Chinese leader. (4) UK counter-terrorism police are investigating a fire that took place in the early hours of Monday morning at a residential London home owned by Prime Minister Keir Starmer. (5) Apple is planning to use artificial intelligence technology to address a frequent source of customer frustration: the iPhone’s battery life. Podcast conversation: Samsung Debuts $1,099 S25 Edge, Kicking Off Wave of Thin Phones See omnystudio.com/listener for privacy information.