- April 26th, 2025
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...
In a significant move that underscores the growing interest of global private equity firms in Japan’s life sciences industry, Blackstone Inc. has announced its acquisition of a majority stake in CMIC Co., a Tokyo-based contract research organization (CRO). The deal,...
Global Markets React to Political Developments; European Defense and Trade Concerns Shape Market Trends The euro started the week on a strong note, rising 0.4% against the US dollar as Eastern European currencies followed suit. The Polish zloty and Romanian...
China’s liquefied natural gas (LNG) imports fell to a five-year low last month as weak domestic demand and higher prices in Europe diverted shipments away from the world’s second-largest economy. According to data from commodities analytics firm Kpler, China imported...
Iron ore futures extended their losing streak on Monday, marking the sixth consecutive session of declines, as escalating trade tensions between the United States and China weighed on market sentiment. However, the fall was cushioned by optimistic Chinese manufacturing data,...
The U.S.-China trade conflict is set to enter a new phase of hostilities as Beijing prepares countermeasures against fresh import tariffs imposed by the United States. According to China's state-controlled Global Times, the Chinese government is formulating responses to the...
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