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Hong Kong and Turkey are both making a play for the wealthy expats London and the Gulf are losing
Dubai and Abu Dhabi's safe-haven status has taken a hit — and Istanbul and Hong Kong both see an opening
Morgan Stanley-led bank consortium prepares USD 15 bn bond sale to dump pre-built AI construction risk
A Morgan Stanley-led syndicate is tapping public debt markets to clear USD 15 bn in AI construction liabilities, exposing growing…
SpaceX sees revenue almost double in 2Q
SpaceX’s largest business segment, Starlink connectivity, generated USD 4.3 bn in revenues
S&P warns US manufacturing expansion masks deepening supply, confidence slump
Business confidence in the outlook fell to its lowest level since October 2025, marking a nine-month low
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
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