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Sunday, March 22, 2026

Bank of America Signals Potential Fed Rate Hike Amidst Geopolitical Tensions and Inflation Fears

Bank of America economists outline conditions for a potential Fed rate hike, including a stable labor market and rising inflation, and discuss the potential impact on Bitcoin and other markets.

ADNOC and OMV Forge Ahead with Mega Chemicals Merger, Advancing Borouge Group Formation

ADNOC and OMV are making significant strides towards completing their chemicals mega-merger, advancing the formation of the Borouge Group International AG, with an expected close by March 2026.

Nexstar Media Group Secures Over $5 Billion in Debt Financing for TEGNA Acquisition

Nexstar Media Group announces a $5.12 billion debt offering, including senior secured and senior notes, to finance its acquisition of TEGNA Inc. Details on the financing package and Nexstar's market position.

Aarav Shen

Aarav Shen is an esteemed journalist with over 15 years of experience reporting on business, finance, and economics. With a rich background that spans from Southeast Asia to the heart of Wall Street, Aarav offers a piercing global perspective on market dynamics and economic policy. His work, recognized for its depth and clarity, has shaped international dialogue, making him a trusted voice in a complex industry. Currently based in Hong Kong, he distills intricate financial trends into compelling narratives for a worldwide audience.

Toy Stocks Surge as U.S. Temporarily Eases China Tariffs

Major toy manufacturers saw their shares soar on Monday following an announcement that the United States would temporarily ease tariffs on Chinese imports. The...

McDonald’s Plans to Hire 375,000 Workers Amid Summer Push and Political Strategy

McDonald’s announced a major hiring initiative this summer, aiming to recruit up to 375,000 workers across its U.S. restaurants. The news came during a...

Trump Signs Executive Order to Link U.S. Drug Prices to International Rates

President Donald Trump has signed an executive order directing federal agencies to pursue a “most favored nation” approach to prescription drug pricing. The policy...

Saudi Aramco Posts 5% Profit Drop as Oil Prices and Output Decline

Saudi Aramco reported a 5% decline in net profit for the first quarter of the year, reflecting the impact of subdued oil prices and...

US-China Financial Tensions Intensify Amid Investment Restrictions and Delisting Threats

In a dramatically shifting financial landscape, Chinese companies seeking funds from global investors are increasingly challenged by growing geopolitical tensions between China and the...

BMW, Toyota, Mercedes Recall Nearly 70,000 Cars in China Over Safety Risks

Nearly 70,000 vehicles are being recalled in China by major global car manufacturers including BMW, Toyota, and Mercedes-Benz due to safety-related issues, according to...

Jack Ma’s Surprise Appearance Reignites Alibaba Spirit During Strategic Shift

Jack Ma, founder of Alibaba, received an enthusiastic reception on Friday as he appeared at the company's annual AliDay celebration, an event that honors...

Temu Urges Chinese Sellers to Diversify Amid Rising US-China Trade Tensions

Over 1,000 Chinese merchants selling on the Temu platform gathered in Guangzhou on Friday for a five-hour event aimed at expanding their reach in...

Lei Jun Reflects on Challenges After Fatal Crash Involving Xiaomi EV

Xiaomi’s CEO and chairman, Lei Jun, recently shared that the past month has been the most difficult period since founding the company in 2010,...

Starbucks and Luckin Coffee Focus on Lower-Tier Cities Amid Challenges

In the face of sluggish consumption and fierce pricing competition, Starbucks and Luckin Coffee have managed to regain momentum by focusing on lower-tier cities...

Hong Kong Insurers Launch Plans for Medical Services in Greater Bay Area

This week, three major Hong Kong insurance firms unveiled new policies designed to help residents access medical services across the Greater Bay Area. These...

Sany Heavy Industry Plans $1.5 Billion IPO to Fuel Global Expansion

Sany Heavy Industry, one of China’s largest manufacturers of heavy equipment, plans to raise up to $1.5 billion through a proposed initial public offering...

U.S. Federal HR Agency Cancels Controversial Workday Contract

On Friday, the U.S. federal human resources agency, the Office of Personnel Management (OPM), canceled a contract awarded to Workday for a new cloud-based...

China Imports Wheat and Barley as Heat Threatens Domestic Crop

China, the world’s largest wheat producer, has recently purchased between 400,000 and 500,000 metric tons of wheat from Australia and Canada due to heatwaves...

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