Uncategorized
Uncategorized
The bond scare and the balance of power
After the dreamworld of the 2010s, the link between power and fiscal capacity is back
Uncategorized
US long-term bonds slide as Bessent intervention fails to soothe investors
Yield on 30-year Treasuries rises despite move to ‘at least double’ purchases of securities
Uncategorized
Supermicro investigation clears CEO in alleged $2.5 billion smuggling scheme while a criminal trial involving a cofounder is set for next year
The AI-hardware maker’s board found no evidence CEO Charles Liang knew anything about alleged chip smuggling but a pending trial could bring more legal exposure to the beleaguered company.
Uncategorized
Airwallex expands from cross-border payments to autonomous finance—though president Lucy Liu says it’s still ‘not the best time’ for an IPO
In late June, Airwallex raised $320 million in a Series H funding round led by Addition, which valued the cross-border payments platform at $11 billion
Uncategorized
Trump’s South Korea defence flip reminds Japan that it has no Plan B
While alarming for Seoul, an abandonment of US guarantees could be disastrous for Tokyo
Uncategorized
UK consumer confidence rises to highest level for two years
Good weather and the ‘Burnham bounce’ brought on by a new prime minister continued to have a positive effect in August
Uncategorized
The US Treasury is buying long bonds, but not very many
Speaking loudly but wielding a teeny-tiny stick
Uncategorized
What is Bessent doing with the $32tn Treasury market — and will it work?
US Treasury secretary has made a high-stakes bet he can beat back soaring borrowing costs