Economy

  • China accelerates yuan expansion and dedollarisation in ASEAN via Indonesia QR payments

  • New York Fed’s Williams warns of rising risks to inflation and jobs outlook

  • David Sacks links AI boom to U.S. growth as hyperscaler spending tops $1 trillion

  • Oil swings as markets bet on peace and war all in one day

  • OPEC+ boosts output after UAE’s trillions of wealth fund drove historic exit

  • Can Trump and Xi strike a deal for Hormuz and Middle East crisis?

  • Pay at your own risk: US threatens sanctions on Strait of Hormuz payments to Iran

  • Iran says its Hormuz-for-talks proposal was rejected by Trump

  • Stablecoin usage is booming—but JPMorgan says size isn’t everything

  • Vietnam tops China in US intellectual property threat level, EU lands on watchlist

  • Why are crypto, tech and software stocks rallying today?

  • Iran’s rial crashes as U.S. pressure intensifies

  • US stocks added over $8 trillion in April, makes it their best month in 6 years

  • U.S. economy grows 2% in Q1, so why can’t the Fed cut rates?

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  • Standard Chartered sees $2 trillion boom in tokenized assets by 2028

  • $25 billion of US taxpayers money lost in Trump-Israel war in Iran as Hormuz standoff remains

  • Pentagon deals with US AI leaders fuel skepticism at home and abroad

  • India’s global rise accelerates with New Zealand trade deal and massive digital infrastructure push

  • Iran finally calls Trump with a permanent deal offer to open the Strait of Hormuz

  • Chinese authorities risk Trump admin action with Meta-Manus deal withdrawal

  • Senator Thom Tillis ends his Powell-probe standoff, clears way for new Fed chair Kevin Warsh

  • Trump Treasury is asking Americans to help it pay US national debt via donations from personal wealth