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Economy

Jamie Dimon Warns Interest Rates Could Go 'Much Higher' After Bond Selloff

Jamie Dimon warned interest rates could climb much higher from current levels, hours after FOMC minutes showed a majority of Fed officials open to further rate hikes.

By Helena Brandt
Analysis

Nvidia concedes China AI chip market to $12B rival Huawei

Nvidia's Jensen Huang says the company has 'largely conceded' China's AI chip market to Huawei, marking a permanent reset of the AI silicon landscape.

By Sloane Carrington
Commodities

Power of Siberia 2 gains urgency as Iran war hits Asia gas

Power of Siberia 2 is back in focus as the Iran war squeezes Asian LNG routes, giving Putin urgency but leaving Xi with price leverage.

By Reza Najjar
Commodities

China palladium imports hit record as Guangzhou futures draw inflows

China imported a record 8.6 tons of palladium in April after Guangzhou futures rose above global benchmarks and drew metal into the country.

By Reza Najjar
Markets

China bond rally deepens as global yield selloff widens

China bond rally pushed 10-year yields to 1.73 per cent as weak loan demand and ample liquidity kept Beijing out of the global inflation-driven selloff.

By Sloane Carrington
Economy

China's April miss clouds growth outlook as oil muddies easing bets

Weak April retail sales and industrial output in China complicate the global growth picture just as higher oil prices revive imported inflation worries.

By Sloane Carrington
Commodities

China and US use supply channels to contain Middle East oil shock

China's 3.6 million bpd import cut and a 3.5 million bpd U.S. export surge blunted the Gulf shock, easing pressure on oil, inflation and yields.

By Reza Najjar
Commodities

Goldman's gold call rests on central-bank buying, not the bounce

Central bank gold buying looks stronger than Goldman thought, with China's steady reserve accumulation helping argue bullion has a firmer floor into 2026.

By Reza Najjar
Banking

Wall Street chiefs use Beijing trip to test China access

Citigroup and Goldman Sachs executives used Beijing meetings during Donald Trump's China visit to press the market-access case, underscoring how diplomacy and cross-border finance remain tightly linked.

By Naomi Voss
Markets

Dollar Rises for Fourth Day as Inflation Data Lifts December Rate-Hike Odds to 35%

The dollar rose for a fourth consecutive session on Thursday, pushing the DXY index to 98.57, as back-to-back US inflation prints drove a sharp repricing of Federal Reserve rate expectations — lifting the odds of a December increase to 35 per cent.

By Helena Brandt
Earnings

Estee Lauder Q3 EPS beats 40% as China, fragrance drive margin rebound

Estee Lauder Cos. (EL) reported fiscal third-quarter adjusted earnings of $0.91 per share, beating the $0.65 analyst consensus by 40 per cent, as a rebound in Chinese demand and double-digit fragrance growth drove the strongest margin expansion in three years.

By Avery Lin
Economy

China April exports jump 14.1%, smash forecasts as factories front-run tariffs

China's exports surged 14.1 per cent in April from a year earlier, more than quintupling the 2.5 per cent gain posted in March and handily beating economist forecasts of 7.9 per cent, as factories raced to ship orders ahead of potential tariff escalations and Middle East supply disruptions.

By Helena Brandt