- April 26th, 2025
Shares of CK Hutchison Holdings Ltd. surged by 12.4% in Hong Kong on Thursday, continuing the momentum from the previous day’s 21.9% rally after the company announced the sale of its Panama Canal stake to BlackRock. The stock climbed to...
Heavy selling in German bunds triggers a global rout; Asian equities buoyed by delayed US tariffs on Mexico and Canada A global bond selloff accelerated in Asia on Thursday, driving Japanese benchmark yields to their highest levels in over a decade. The rout, triggered...
Market Recovers Slightly Following Four-Day Drop Amid Trade Uncertainty and OPEC+ Output Plans Oil prices steadied on Thursday after suffering a sharp decline over the past four trading sessions. Investors responded cautiously to signs that the U.S. may ease tariffs...
Stockholm-Based Fintech Giant Eyes $15 Billion Valuation in New York Listing Klarna Bank AB, the Swedish fintech giant known for its "Buy Now, Pay Later" (BNPL) services, is gearing up for a major public debut in the United States. The...
Global Bond Selloff Spreads as German Spending Plans Shake Markets Japan’s government bond yields have surged to their highest levels in over a decade, reflecting the broader turmoil sweeping global debt markets. The 10-year Japanese government bond (JGB) yield climbed...
Bank of China International Holdings Ltd. (BOCI), the investment banking arm of China's state-owned financial giant, is scaling back its commodities business following a period of extreme price volatility that has shaken management’s confidence in the sector. According to sources...
China is holding firm on its ambitious 5% economic growth target for 2025, even as former U.S. President Donald Trump escalates trade tensions with a fresh wave of tariffs. The annual parliamentary session in Beijing reinforced President Xi Jinping’s determination...
European Bond Yields Drive Euro Strength as U.S. Dollar Slips The euro extended its rally to four-month highs against the U.S. dollar on Thursday, buoyed by surging European bond yields and Germany’s proposed €500 billion ($539.85 billion) infrastructure fund. The...
Larry Fink, the CEO of BlackRock (BLK), is emerging as one of the early power players in President Donald Trump’s new administration. His latest triumph came on Tuesday when BlackRock, the world’s largest asset manager, announced a historic $22.8 billion...
Groundbreaking Communication Technology to Enhance Ireland’s Strategic and Tactical Capabilities Spectra Group (UK) Ltd, a specialist provider of secure voice, data, and satellite communication systems, has announced a landmark contract with the Irish Defence Forces to supply Comtech’s Troposcatter Compact...
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