Financial

China and Japan unload massive volumes of U.S.

Uber expands Delivery Hero stake from 7% to 19.5% Uber reinforces strategy after setbacks in Korea and Southeast Asia Global race for dominance in AI- and robotics-driven delivery intensifies Photo=Uber Eats

Middle East conflict fuels inflation fears, driving prolonged rally in U.S.

China’s economy flashes warning signs again as retail sales growth hits lowest level in 3 years and 4 months Property recovery remains distant, raising pressure for additional policy support amid deteriorating conditions Effectiveness of stimulus measures questioned as debt-dependent growth model shows mounting strain

Currency risk can turn liquidity into panic Credit Suisse exposed that weakness Swiss TBTF reform shifts the burden back to banks Global foreign exchange reached

Dollar stablecoins now dominate digital money China’s retreat shows control has beaten openness The real task is to make dollar stablecoins safer While roughly 99% of the stablecoin market cap today is USD pegge

Franchise F&B Assets Flood the Market as FIs and SIs Spend Years Merely Weighing Acquisitions Negative Perceptions Spread After Theborn Korea’s Owner Risk and Pizza Hut’s “Margin Franchise Fee” Dispute Risk Management Becomes More Critical Than Cash Flow and Brand Power

China’s property crisis is really a capital crisis The state can delay panic, but not restore trust by force China must shift from land-led growth to household and productivity-led growth Investment in housing in China has h

Long-Entrenched Deflation Gives Way to Price Rebound Triggered by Iran Conflict Beijing’s Advanced Manufacturing Push Shows Limited Effect on Domestic Consumption Defense Spending Continues to Climb as Consumption Recovery Measures Lose Momentum

Google Parent Alphabet Moves to Issue Samurai Bonds Amid Expanding Capital Spending Samurai Bonds, Long a Secondary Option for U.S.

Copper Consumption Surges Amid AI Infrastructure Expansion Supply Chain Constraints and Lack of New Mines Add Upward Pressure on Copper Prices Big Tech Moves to Secure Copper Mines as Long-Term Supply Shortage Looms View of an

India’s IPO boom is growing faster than its market depth Thin liquidity makes many new stocks volatile after listing Reform must build patient investors, wider float, and stronger post-IPO trading Only 9.5% of Indian hous

Gasoline Price Spike and Collapse in Consumer Sentiment Fuel Inflation Fears Resilient Employment and Consumption Undermine Fed Rate-Cut Expectations Market Focus Shifts to UAE Output Card and Saudi OSP Cuts U.S.

Regis Resources and Vault Minerals Agree to All-Share Merger Wave of Gold Mining M&A Points to Sector Restructuring Amid Bullion Rally Clear Mid- to Long-Term Drivers for Gold Upside; Iran War and U.S.

Cross-border capital buffers can make one country safer while shifting risk to another Multinational banks expose the limits of national financial regulation Global coordination is now the hardest test for macroprudential policy

Fed independence is now central to the dollar’s credibility Political pressure on the Fed can weaken trust, raise risk, and hurt currency value For a reserve-currency country, protecting the central bank is also protecting national financial power

Hormuz inflation depends on reopening speed Fast trade recovery could ease price pressure Policy should track ships before overreacting Every day, an average of 20 million barrels of oil and products pass through Horm

Oil shocks are real supply shocks They spread through transport, food and industry Policy must reduce forced oil dependence The most relevant number in the oil debate today is not the day-to-day price of Brent but rather 20.9 millio

German Auto Sector Reels From Collapse in Chinese Demand, Supply Chains Simultaneously Destabilized China Surges Ahead in EV Race as EU Electrification Mandates and High-Cost Structure Tighten Pressure Berlin Launches Full-Scale Countermeasures, Redirecting Manufacturing Base Toward Defense Production

Judge CEO pay by market cycles, not outrage High pay can reflect real risk and value saved Boards must reward skill, not market luck One number puts reason out of count on why the