AI disruption and war in the Middle East send market towards Treasuries and investment-grade debt
AI disruption and war in the Middle East send market towards Treasuries and investment-grade debt
Same desk, different stories
Westpac Banking Corp.’s chief executive officer Anthony Miller has warned the conflict in the Middle East has raised the risk of a recession in Australia, saying that it was unclear how long supply chain disruptions…
Microsoft said it plans to invest $10 billion in Japan between 2026 and 2029 to build AI infrastructure.
Shares of Chinese companies that offer cross-border payments rose, after the commerce ministry noted that the yuan is being used to pay tolls for passage through the Strait of Hormuz.
Tokyo Steel Manufacturing Co.’s stock surged as much as 21% after activist fund Oasis Management Co. disclosed a stake in the Japanese firm and said it may make proposals.
‘Swap’ trades by hedge funds have exploded recently
EU energy commissioner says bloc is assessing ‘all possibilities’ including fuel rationing and releasing more oil from strategic reserves