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Asia Stocks Slide, Oil Surges as Strait of Hormuz Crisis Deepens
Asian markets fall as drone attacks push oil prices higher; Nvidia earnings and global recession fears loom.
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Asian Currencies Hit Multiyear Lows as Oil and Yields Surge
Rising crude prices and US Treasury yields are driving capital back to the dollar, pressuring Asian currencies.
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Gold Steadies on Fed Rate Hike Bets, Oil Climbs on Hormuz Risks
Gold flat as markets price in Fed rate hikes; oil rallies on potential Strait of Hormuz closure.
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Japan Bond Yields Surge: Global Risks Amplify
Japan's government bond yields hit multi-decade highs, signaling potential global market shifts and affecting risk assets like Bitcoin.
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Jane Street Doubles Singapore Office Capacity in Asia Expansion Push
Quantitative trading giant Jane Street expands Singapore office to 250 staff, new lease in Hong Kong also signed as Asia becomes a growth engine.
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Standard Chartered Fills CFO Gap With Investor Relations Hire
Manus Costello joins Standard Chartered as Global Head of Investor Relations as the bank continues its search for a permanent CFO.
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Nvidia Projected to Generate $368B Revenue, Rivaling Ireland's GDP
Analysts forecast Nvidia's revenue over four quarters to match Ireland's GDP, driven by AI chip dominance and data center growth.
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Kevin Warsh Confirmed as New Federal Reserve Chair, Ending Powell Era
Kevin Warsh has been confirmed as the new Federal Reserve Chair, succeeding Jerome Powell. Markets see high odds of Powell's exit by June 30.