Global Powers Coordinate Emergency Diesel Release to Combat Surging Fuel Prices The Group of Seven nations agreed on Friday to release 100 million barrels of emergency reserves to cool surging diesel prices linked to the ongoing war in Iran, cnbc.com reported. In a joint statement, G7 leaders announced that the drawdown will begin immediately and … Read more
The Trump administration has told Germany and France to draw down emergency diesel inventories to help ease global fuel prices or face a potential U.S. diesel export ban, three people close to the discussions told Reuters on October 1. The warning marks an escalation of pressure on Europe as U.S. President Donald Trump considers curbing … Read more
Huawei Technologies unveiled its Mate 90 smartphone series on Thursday, betting on its in-house HarmonyOS 7 operating system and a redesigned chip architecture to counter ongoing US restrictions on advanced semiconductor shipments. Huawei Mate 90 Launch and Chip Constraints Speaking to reporters ahead of the launch, Huawei consumer business chief Richard Yu acknowledged that the … Read more
Factory activity across Asia expanded in September, driven by surging global demand for chips and artificial intelligence-related goods, according to private surveys released on October 1. Export powerhouses South Korea, Taiwan, and Japan saw manufacturing growth that offered relief to policymakers tracking energy cost pressures stemming from the US-Israeli war on Iran. South Korea Sees … Read more
The US dollar held near a two-month high on Thursday, October 1, 2025, supported by an extended rise in US Treasury yields driven by global price pressures stemming from the Middle East war, according to market data reported by Reuters. Federal Reserve Expectations Shift on US Inflation Data Data showing US inflation rose less than … Read more
Global bonds are heading toward their worst monthly performance in years, driven by deteriorating government finances, heavy debt issuance, and persistent inflation pressures stemming from the seven-month-old US-Israeli war on Iran. Global Bond Markets Face Steep Monthly Losses Benchmark 10-year US Treasury yields hovered just below their highest level since June 2007 at 5.209% in … Read more
Goldman Sachs’ $18.2 billion private credit fund reported on September 29, 2026, that investor withdrawal requests slowed during its third-quarter tender offer, signaling an easing of redemption pressure across the broader direct lending industry as initial market turbulence subsides. Tender Offer Redemptions Ease for Goldman Sachs Fund Investors sought to pull just 2% of shares … Read more
The U.S. Federal Aviation Administration announced on September 28, 2026, that it will hold off certifying Boeing’s long-delayed 737 MAX 10. The pause follows a newly disclosed software issue affecting certain MAX aircraft that can prevent pilots from accessing automated flight guidance during specific landing scenarios, dealing another blow to the planemaker’s single-aisle market share … Read more
Eight exchange-traded funds offering exposure to South Korean chipmakers, US tech firms and Malaysian large caps debuted in Hong Kong on Monday, marking a direct push to capture mainland Chinese capital seeking overseas diversification amid domestic market weakness. Regulatory Shifts Drive Cross-Border Fund Inflows The listing wave follows a decision by China’s financial regulator allowing … Read more
The US dollar held near a two-month high at 101.15 on Monday, driven higher by rising oil prices amid US-Iran tensions and strong domestic economic fundamentals that have traders pricing in a more hawkish Federal Reserve. According to Reuters reporting from Hong Kong, investors are closely watching a packed data calendar, including the US PCE … Read more