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The U.S. Central Command has initiated a major maritime security operation to safeguard freedom of navigation in the Strait of Hormuz. The deployment includes guided-missile destroyers, over 100 aircraft, and 15,000 personnel, aiming to protect this vital global energy artery and ensure regional stability.
Read MoreThe Wall Street Journal reports that GameStop (GME.N) has submitted a formal acquisition proposal to eBay (EBAY.O), offering $125 per share in a deal valued at approximately $56 billion. This unexpected mega-offer could reshape the competitive landscape between e-commerce and brick-and-mortar retail.
Read MoreLatest CME FedWatch data shows a 92.8% probability the Fed will hold rates steady in June. Through September, the odds of unchanged rates remain above 80%, with limited rate cut expectations, reflecting market views on persistent inflation and economic resilience.
Read MoreA new survey finds only 1% of US voters rank cryptocurrency as a top issue for the 2026 midterm elections, far behind traditional concerns like cost of living and the economy. While digital assets gain political traction, they remain a peripheral priority for most voters.
Read MoreA Federal Reserve governor warns that stress in private credit could spark a "psychological contagion," eroding confidence and triggering a broad credit crunch. He stresses the need for vigilant oversight, highlighting concerns over links between insurers and private lenders.
Read MoreUS Treasury Secretary recently highlighted that American energy exports have reached unprecedented levels, solidifying the nation's role as a major player in global markets. He emphasized that infrastructure capacity, not demand, is the primary factor limiting further growth.
Read MoreUS Treasury Secretary Besant stated that sustained economic pressure on Iran has severely strained its finances, impacting even military payroll. The move highlights US strategy to curb Iran's influence through financial measures.
Read MoreThe Asian Development Bank has unveiled a $70 billion commitment until 2035 to fund two major initiatives: the Trans-Asian Power Grid and the Asia-Pacific Digital Highway. This investment aims to boost regional energy connectivity, cross-border power trade, and broadband access across the Asia-Pacific region.
Read MoreFederal Reserve official Kashkari stated that U.S. government debt levels do not pose an immediate crisis, citing market capacity and policy flexibility. While acknowledging long-term challenges, he emphasized current stability and manageable risks.
Read MoreA Federal Reserve official cautions that global supply chain recovery will take months even if conflicts cease immediately. He expressed deep concern over mounting economic downside risks, highlighting policymakers' close watch on the situation.
Read MorePresident Trump has publicly dismissed Iran's new proposal as unacceptable. The plan covers military, compensation, and Strait of Hormuz management issues. Trump also reiterated pressure on Israel regarding Netanyahu's pardon. The international community is closely watching the developments.
Read MoreIran has proposed a new three-phase negotiation plan. The first phase focuses on a comprehensive ceasefire and port access. The second phase addresses long-term uranium enrichment limits and nuclear material disposal. The third aims at regional security dialogue, alongside demands for sanctions relief and US military withdrawal.
Read MoreHong Kong Financial Secretary Paul Chan forecasts the city's Q1 GDP growth will accelerate beyond Q4's revised 4%, driven by private consumption, exports, and fixed investment. This would mark the strongest quarterly expansion in nearly five years, with official figures due May 5.
Read MoreKB Financial Group has entered a strategic partnership with US crypto investment firm Pantera Capital to expand its digital asset initiatives and enhance blockchain competitiveness. This move accelerates their foray into new financial technologies.
Read MoreUnblockPay, a stablecoin financial services platform, has raised $4.5 million in seed funding led by Prelude, with participation from Plug and Play, Wintermute, and others. The capital will support regulated product development for enterprise stablecoin integration and seamless fiat-to-stablecoin conversions.
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