Europe's Debt Pile Is Nearing €1 Trillion. It's Still Not a Safe Asset
EU bonds are AAA-rated and near €1 trillion, but a 50-basis-point spread over German Bunds explains why a true European safe asset still doesn't exist.
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UOB Sells UOBAM to Allianz Global Investors for S$555 Million
UOB Group has agreed to sell UOB Asset Management to Allianz Global Investors for S$555 million while keeping a long-term distribution tie for wealth clients.
Why the U.S. Stepped In to Save Japan's Yen — and What It Risks
The U.S. Treasury sold euros, not dollars, to buy yen in the first joint U.S.-Japan intervention since 1998, after USD/JPY hit a 40-year low of ¥163.73.
Markets Aren't Uniformly Bullish on AI — the 2026 Data Shows They're Discriminating, and Correctly
AI stock valuations in 2026 aren't blanket hype. Google Cloud grew 63% while capex-heavy bets got punished. Here's what the earnings data actually shows.
US Economy Grows a Sluggish 1.5% in Q2 as Inflation Stays Stuck Near 3.7%
Commerce Department data show Q2 GDP grew 1.5%, below forecasts, as PCE inflation eased to 3.7% and three Fed officials pushed for a rate hike.
The Middle-Income Trap, Explained: Why Only 34 Economies Have Escaped Since the 1990s
108 economies are stuck in the "middle-income trap," per the World Bank. Here's what the trap is, how South Korea escaped it, and what's holding Vietnam back.
CXMT Shares Surge as Much as 535% in Record Shanghai Debut
CXMT's Shanghai IPO debut sent shares up as much as 535%, making the $8.6 billion DRAM listing China's most valuable exchange-listed company overnight.
Trump's New 10%–12.5% Tariffs Take Effect on 60 Nations, Draw an Immediate Lawsuit
New Section 301 tariffs of 10%-12.5% hit 60 countries on July 24, replacing lapsed duties. Two small businesses sued hours later in U.S. trade court.
Why 43% of Gen Z Would Rather Found a Company Than Get Hired
Gen Z entrepreneurship is surging in 2026 as AI shrinks entry-level jobs and lowers startup costs, backed by new funding, hiring, and social data.