Finance news

Like Indonesia, India's central bank may hike rates to defend its currency

A falling currency and rising risk of higher inflation could prompt India's central bank to hike interest rates.

US Federal Reserve: New Fed Chairman Warsh plans reforms under the supervision of predecessor Powell

Kevin Warsh announces fundamental changes - and wants to protect the independence of the central bank against political pressure.

Fed Chair Warsh makes first hires at central bank, including ‘Project 2025’ author

The new Fed chair has made his first hires. One wrote the Fed chapter in conservative policy blueprint "Project 2025."

Monetary policy: ECB speeches in an exclusive AI check: This is how serious the central bankers are about interest rate increases

The Governing Council of the ECB has taken up the fight against inflation in a more united manner than ever before. Internally, this is seen as a credit to ECB boss Lagarde. But the unfamiliar unity comes at a price.

Clashes erupt in UK city over racially charged case of police handcuffing dying student

Video of a dying student who was handcuffed by British police after being stabbed by a Sikh man and falsely accused of racially abusing his murderer sparked outrage on Tuesday, with protesters throwing bricks at police. Eighteen-year-old Henry Nowak was heard repeatedly telling officers: “I can’t breathe” in police bodycam footage captured as he lay mortally wounded in December after a night out with his football team members. Far-right figures have seized on the case, including firebrand Tommy.

China to the Philippines: don’t let ‘a few clowns’ sabotage ties with ‘political theatrics’

Beijing has condemned remarks by Philippine defence chief Gilberto Teodoro Jnr, saying the comments seriously damaged bilateral trust and showed a lack of gratitude for Chinese aid. China’s foreign ministry on Tuesday called on Manila to take action to prevent “a few clowns” from sabotaging bilateral ties through repeated political theatrics, as ties between the two neighbours remained strained. On the sidelines of the Shangri-La Dialogue in Singapore, Teodoro said during an interview with...

Hong Kong pitches Northern Metropolis as ASEAN gateway to Greater Bay Area

[The content of this article has been produced by our advertising partner.] Hong Kong is stepping up efforts to position the Northern Metropolis as a platform connecting ASEAN businesses with opportunities across the Greater Bay Area, as diplomats, chamber representatives and business leaders from Southeast Asia were brought on a government-led tour of the mega-development project. The nearly 70-strong delegation, organised by the Hong Kong-ASEAN Foundation (HKAF) in conjunction with the...

US Federal Reserve: New Fed Chairman Warsh hires co-author of “Project 2025”.

Kevin Warsh brought two conservative experts to his side at the start. One of them was involved in “Project 2025” and wrote a chapter on the restructuring of the central bank.

We're upping our Palo Alto price target after strong earnings vanquish AI disruption fears

The business momentum is clear here, validating the stock's dramatic comeback to fresh highs.

Russia’s China Energy Lifeline Is Becoming a Noose

The recent summit meeting between Chinese President Xi Jinping and his Russian counterpart Vladimir Putin ending on 20 May raised more questions than answers for many observers, probably including Putin himself. There was the standard announcement of several deals signed to boost cooperation in matters of the economy, trade, education, science, and technology. And there was the release of the usual document denouncing the current global hegemony associated with the U.S.-led Western alliance (47

Trump signs a scaled-back executive order on AI. Critics say it’s almost meaningless.

President Donald Trump on Tuesday signed an executive order on artificial intelligence that aims to set up a framework for AI companies to voluntarily inform the federal government about new models 30 days before their release.

What Hormuz Is Teaching Traders About Utilities

Oil traders have spent months obsessing over tanker movements, shipping insurance costs and the fate of crude cargoes attempting to navigate the Strait of Hormuz. But now, some of that attention will be shifting to a longer-term play: a potential restructuring of American utilities themselves. Instead, Hormuz is exposing how vulnerable electricity markets remain to fuel price shocks, even after years of investment in renewable energy. While crude oil prices have dominated headlines, the effects

The CFTC has sparked a potential revolution on Wall Street. Exchange stocks are dropping

Investors are worried about increased competition for the traditional exchanges that have long dominated on Wall Street.

Government is buying tech stocks directly now. What is going on?

We are seeing a wild shift in the market. The government isn't just giving out research grants anymore. Instead, they are taking direct equity stakes in tech companies. A new investor report shows that the federal government recently bought shares in several firms under the CHIPS Act. They put a massive $1 billion into IBM for wafer manufacturing. But they also put $100 million each into smaller, pure-play quantum computing stocks. This cash injection caused stocks like IonQ, Rigetti, and D-Wave

quantum stocks suddenly feel a lot more important after the new $2B government move

i’ve been watching the quantum computing space for a while, but the latest federal announcement feels different from the usual tech headlines. The Trump administration reportedly approved around $2 billion in funding tied to quantum and advanced semiconductor programs, with actual equity stakes being taken in several companies instead of simple grants. That’s a pretty major shift. Some of the reported allocations: IBM - $1B GlobalFoundries - $375M IonQ - $100M D-Wave - $100M Rigetti - $100M Quan

The federal government just gave quantum stocks one of the strongest tailwinds I’ve seen

Quantum computing just got a serious policy tailwind. The U.S. government is putting around $2B behind quantum and semiconductor companies through Commerce Department letters of intent, and the government is expected to take minority equity stakes in some supported companies. That list includes names like IBM, GlobalFoundries, Rigetti, D-Wave, PsiQuantum, Quantinuum, Infleqtion and Atom Computing. To me, this changes the sector. Quantum is not just a speculative tech theme anymore. It is now tie

Perpetual Futures causing a market revolution

CNBC has an article on perpetual futures here: The CFTC has sparked a potential revolution on Wall Street. Exchange stocks are dropping https://www.cnbc.com/2026/06/02/the-cftc-has-sparked-a-potential-revolution-on-wall-street-exchange-stocks-are-dropping.html?\_\_source=androidappshare What are everyone's thoughts on this? I just read it and haven't really had a chance to mull it over. It seems exchange stocks are tumbling as a result of all of this, despite the all three major indexes remainin

Trump taps housing regulator Bill Pulte as acting intelligence chief

US President Donald Trump has named federal housing regulator Bill Pulte as acting director of national intelligence, entrusting oversight of America’s intelligence agencies to a close political ally whose career has been rooted in housing finance rather than national security. Trump announced the appointment on Tuesday, saying Pulte would replace Tulsi Gabbard, who stepped down last month after citing her husband’s cancer diagnosis. The move places the 38-year-old director of the Federal...

Iraq, UAE, Saudi Arabia All Set for Major Oil Output Surge in 2027

Most oil producers in the Middle East will see their crude oil production surge by double-digit percentages next year, rebounding from this year's shut-ins due to the Iran war and the closed Strait of Hormuz. OPEC's second-largest oil producer, Iraq, which was the first to slash output in the wake of the shipping disruption, is set to see the biggest percentage jump in production in 2027, at 34.1%, BMI, a unit of Fitch Solutions, said in a report carried by Malaysia's outlet New Straits Times. T

Agencies remove additional references to reputation risk

Agencies remove additional references to reputation risk

Trump picks housing Dir. Bill Pulte as acting intelligence chief, replacing Tulsi Gabbard

Pulte has alleged wrongdoing related to mortgages against Trump's foes, Federal Reserve Governor Lisa Cook and New York Attorney General Letitia James.

Today: This ETF portfolio provides passive income

Inflation in the euro zone rises to 3.2 percent. The ECB is likely to react to this soon. Also: With these three funds you receive monthly distributions.

NYC bar uses prediction markets to hedge against a new financial risk: A Knicks victory

Wall Street investors use financial derivatives to hedge against shifts in interest rates and exchange rates. Farmers use them to lock in the price of their crops. Now, one New York City bar is using Kalshi, a CFTC-regulated prediction-markets platform, to hedge against another kind of risk.

Boris Vujčić: A European perspective on currency and convergence

Comment: The greedy beast inflation wants more

A second wave of inflation is building. Not just in the euro zone, but worldwide. The central banks must take decisive countermeasures - especially the ECB.

HSBC Flags a Super-Squeeze In the Oil Market

The Middle East crisis and the still closed Strait of Hormuz have created a “super-squeeze” in oil markets, which could lead to sharp price spikes, analysts at HSBC say. Prices have rallied in recent months not because of some “super-cycle” but because of the massive supply disruption and an actual squeeze in physical supply, the UK-based bank said in a note carried by Bloomberg. “The longer the strait is closed, the more inventories are run down, the more likely it is that we reach ‘tipping poi

Should interest rates rise sharply over the next 10 years?

It seems like we might be at peak oil now, especially considering what’s happening in Hormuz. How should bonds react at peak oil? The risk should increase over a long period, right? At the same time, QE might become impossible or at least much harder. submitted by /u/czx5 [link] [comments]

Inflation, Part I: What it actually is - And what the ongoing discussion about it mostly overlooks[1] - Relevant economics

Oil prices are rising and inflation is on every front page. Central banks hesitate and someone always warns of the worst. Governments are spending money and the warnings are increasing. Then the cycle subsides. The same basic questions remain unanswered as before. What inflation actually is. Why they exist. Why central banks are so often wrong. And why we don’t want zero inflation. Part 2: https://relevante-oekonomik.com/2026/04/08/inflation-teil-ii-der-f

Wealth: Am I already rich or not? This calculator gives you the answer

Despite inflation, current data shows that assets in Germany have grown. The Handelsblatt calculator shows you where you stand in comparison to the German population.

US may consider placing nukes in Poland, Baltic States, report says

While the discussions were ongoing, an agreement to expand U.S. nuclear hosting was not imminent, an unnamed source told the FT.