He accelerated his purchases from early January, for his own investment and with managed funds, with Zhongcai holdings reaching a peak near 40,000 lots, or 200,000 tons of the metal, in early April, before Trump began his escalation of tariffs, exchange data shows. He later moved some of the brokerage’s positions to CME Group’s Comex, to capture US turbulence, […]
There’s going to be a new entrant that potentially could knock Apple off, you know, the top of the technology mountain, right? And in order for Apple to avoid that, they’re gonna have to beat out those new entrants time and time again. And AI is the big thing right now, and they have so […]
Many relatives of the passengers who died in the crashes, which took place off the coast of Indonesia and in Ethiopia less than five months apart in 2018 and 2019, have spent years pushing for a public trial, the prosecution of former company officials, and more severe financial punishment for Boeing.
Since the RBA’s March 31-April 1 meeting, data showed hotter-than-expected inflation, a surprise acceleration in wages and a tight job market. That suggests the RBA has “no reason to give any additional encouragement to the market’s rate cut hopes,” said Sean Keane, chief Asia Pacific strategist for JB Drax Honore, referring to pricing for two […]
Japan releases a slew of major indicators from across the economy, beginning midweek with exports and imports, machine orders, and PMI — all of which will provide a steer on the global effects of Trump’s trade war. Friday brings national consumer prices, which are set to remain elevated at 3.5%, and department store sales, which […]
Macquarie Asset Management sold its first US collateralized loan obligation earlier this month, while hedge fund Arini, run by former Credit Suisse Group AG star trader Hamza Lemssouguer, priced its debut US CLO in April. Anthelion Capital, an AI-based asset management platform, is also looking to come to market in the next few weeks, and […]
To be sure, Meloni has been caught up in a complex balancing act with regard to Trump, coming under pressure both at home and abroad. Bloomberg has previously reported that while the Italian leader has been privately startled by his remarks, she has however chosen to avoid criticism of him at all costs, sometimes going […]
Trump, in his Truth Social post, lashed out at the retailer, which employs 1.6 million people in the United States. He said the company, based in Bentonville, Arkansas, should sacrifice its profits for the sake of his economic agenda that he says will eventually lead to more domestic jobs in manufacturing.
NJ Transit is the nation’s third-largest transit system and operates buses and rail in the state, providing nearly 1 million weekday trips, including into New York City. The walkout halts all NJ Transit commuter trains, which provide heavily used public transit routes between Penn Station on one side of the Hudson River and communities in […]
“We have our legal, our kind of prescribed structures within which we have to work, but as human beings, none of us want to see this happen,” he said. “You know, it’s a small business, there’s 400 large animals. None of us want to see them dead.”