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Joint US-Japan currency intervention buys Tokyo time for a September rate hike
The highly unusual coordinated move is a band-aid. Markets know the real fix requires the BOJ to raise rates
Central banks bought less gold in 1Q than initially estimated -WGC
WGC revision for 1Q data shows net purchases dropped to 56 tonnes from a previously estimated 244 tonnes
Fed keeps rates steady after divided meeting
The rate has sat at its lowest level since November 2022 for five straight meetings
Chipmaker slump hits global markets as investors reassess AI outlook
China’s rise in AI is also raising concerns among investors
Trump’s 2027 minerals deadline runs into US supply reality
Trump’s plan to end US reliance on Chinese critical minerals faces challenges
DeepSeek halts its USD 74 bn round weeks after a record raise
A founder's frustration over leaked candor has stalled one of the year's hottest AI deals
The regional M&A slowdown is moderating somewhat
Regional M&A volumes were down 47% y-o-y in 1H, after dropping 74% in 1Q
World Bank’s worst-case scenario for global growth is rapidly approaching
Developing countries that have yet to recover from the pandemic would be hit the hardest
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