Macro

Fed Knew Silicon Valley Bank Was Vulnerable a Year Before Collapse, Report Finds

An outside review says Fed staff spotted Silicon Valley Bank's flaws a year before its March 2023 collapse but held back for fear of being wrong.

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market

China Sets 2030 Target for Public Cultural Services in 15th Five-Year Plan

China's Ministry of Culture and Tourism issued a 15th Five-Year Plan for public cultural services, setting 2030 targets and 18 key engineering projects.

China Unveils Publishing Industry Plan for 2026–2030 With 33 Major Projects

China's National Press and Publication Administration has issued a publishing industry plan through 2030, listing eight priority areas and 33 major project

Oil Prices Ease as US and Iran Pause Attacks, Easing Pressure on Fuel Markets

Brent crude fell 4.9% to $92.02 after the US and Iran refrained from Persian Gulf strikes for a second day, easing pressure on global fuel markets.

China Places 14 EU Entities on Export Control List in Response to Latest Sanctions

China placed 14 EU entities on its export control list, barring dual-use goods, in response to Brussels' latest sanctions package targeting Russia.

US Imposes Fresh Tariffs on Over 60 Countries, Citing Forced Labor Concerns

The Trump administration has imposed 10-12.5% tariffs on more than 60 countries, including China, citing failed enforcement of forced labor import bans.

Wall Street Bets on Private Credit Woes with New Derivatives

Wall Street banks are trading new derivatives, including credit default swaps, to bet on potential stress and defaults within the rapidly growing private credit market.

Consumers Feel the Pinch: Gas Spending Surges 16% for Bank of America Customers Amid Geopolitical Turmoil

Bank of America customers saw a 16% jump in gas spending in March due to rising oil prices amid geopolitical tensions, though discretionary spending remains resilient for now.

Saudi PIF Unveils Ambitious 5-Year Strategy: Boosting Domestic Economy and Maximizing Returns

Saudi Arabia's Public Investment Fund (PIF) approves its 2026-2030 strategy, focusing on domestic economic growth, increased returns, and private sector partnerships.

European Markets Rally on Hopes of US-Iran Peace Talks

European stock markets rally to one-month highs on renewed hopes for US-Iran peace talks, while oil prices decline amid diplomatic signals.

Iran Conflict Fuels UK Housing Market Uncertainty, Damping Confidence and Demand

Explore how the Iran conflict and economic uncertainty are impacting the UK housing market, affecting seller confidence, buyer demand, and mortgage rates.

Big Banks Brace for Q1 Earnings Amidst Geopolitical Storms and Market Uncertainty

Big U.S. banks are set to release Q1 earnings amidst geopolitical tensions and market volatility. Discover what to expect from Goldman Sachs, JPMorgan Chase, Citigroup, and Bank of America.

Stocks Waver as Inflation Surges: Nasdaq Edges Up, Dow Dips Amidst Energy Cost Spike

Explore the latest stock market movements as the Nasdaq rises and the Dow falls following March CPI data that revealed surging energy costs and increased inflation.

Singapore Poised for Monetary Tightening Amidst Escalating Inflationary Pressures

Singapore is expected to tighten monetary policy at its upcoming review due to rising inflation fueled by the energy crisis and Middle East conflict. Learn more about the economic outlook and expert predictions.

Wall Street Sees Gains Amidst US-Iran Ceasefire Hopes, But Fragile Truce Fuels Market Volatility

Explore how Wall Street reacted to the US-Iran ceasefire, with market gains, oil price fluctuations, and the underlying caution surrounding the fragile truce.

Oil Prices Poised to Skyrocket Past $150 Amid Escalating Middle East Tensions, J.P. Morgan Warns

J.P. Morgan warns that escalating Middle East tensions and supply disruptions could push oil prices above $150 per barrel, highlighting the vulnerability of key oil-producing nations and the Strait of Hormuz.

Geopolitical Tensions and Market Jitters Force Global Companies, Including Visma, to Postpone IPO Plans

Global companies, including Visma, are delaying IPOs due to Middle East conflict and market volatility, impacting various sectors and startups worldwide.

- A word from our sponsors -

spot_img

Follow us