What’s going on here? The US Federal Reserve's 50-basis-point rate cut sent ripples through global financial markets, affecting currencies, bonds, and stocks worldwide. The Federal Reserve's decision ...
What’s going on here? Analog Devices and Tata Group have inked a deal to explore manufacturing semiconductor products in India, with Tata investing $14 billion to kickstart the country's chip journey.
In today's Daily Brief, we'll look at the latest AI fund, which could have $100 billion in firepower. "BlackRock, Microsoft, and MGX have formed the “Global AI Infrastructure Investment Partnership” ...
What’s going on here? The Turkish lira softened a touch to 34.02 against the US dollar on Wednesday morning, while Turkey's BIST 100 index climbed nearly 2% on Tuesday. The slight dip in the lira ...
What’s going on here? Some of the world's top hedge funds are unveiling their bold strategies ahead of what they anticipate to be a US rate-cutting cycle. Confido Capital’s approach of shorting risk ...
What’s going on here? ING Bank is turning up the heat on its oil and gas clients, threatening to sever ties with those not committed to net-zero plans by 2026. In its latest move to align with climate ...
What’s going on here? The Federal Reserve (Fed) cut interest rates by half a percentage point for the first time in over four years, aiming to provide quick relief to US borrowers. After over four ...
Benchmark 10-year Treasury yields recovered to 3.686% after hitting a 16-month low of 3.599%, while 30-year yields increased to 3.99% and two-year yields climbed to 3.646%, marking a six-day high.
The Big Five Portfolio puts 20% in each of these five assets: the Nasdaq (the lion), bitcoin (the leopard), gold (the elephant), long-dated Treasury bonds (the rhino), and inflation-linked Treasury ...
Just as economists had predicted, British consumer prices picked up by 2.2% in August from the same time last year, matching July’s pace. Down on the ground, a few prices were headed in the right ...
What’s going on here? JPMorgan Chase has set up a new role to keep an eye on its junior bankers and analysts, appointing a long-time company veteran as the global investment banking associate and ...
What’s going on here? Mubadala and Aldar Properties have extended their partnership to oversee $8.2 billion in assets, amplifying Abu Dhabi's standing as a premier global business and lifestyle hub.