- April 2nd, 2025
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...
China’s electric vehicle (EV) market is undergoing fierce competition, with companies vying for dominance through aggressive pricing and technological advancements. Zhang Xinghai, the founder of Seres Auto and a delegate to China’s top political advisory body, has called for stronger...
Tencent Holdings Ltd.’s AI chatbot, Yuanbao, has surged to the top of China’s iPhone app store, surpassing DeepSeek, which had been leading the AI chatbot race. This development highlights the intensifying competition in China’s artificial intelligence sector as major technology...
Market Volatility Intensifies Amid Trade Tensions and Chinese Steel Production Cuts Iron ore futures continued their downward trajectory on Tuesday, with prices tumbling below the $100 per metric ton mark just hours before new U.S. tariffs on Chinese imports came...
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