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Austan Goolsbee warns that high oil prices from the Iran war may prevent the Federal Reserve from cutting interest rates until 2027, prolonging inflation above the 2% target and leading to a "higher for longer" interest rate scenario.
A report launched on April 16 in the Philippines calls for stronger collaboration between Manila and Beijing on renewable energy to accelerate the transition away from fossil fuels and nuclear power, according to the renewable energy cooperation report. Filipino renewable energy firms have
U.S. equities, led by a 1.96% rise in the Nasdaq Composite, closed significantly higher, driven by a rebound in tech stocks like Nvidia and Amazon. Chinese tech stocks also surged, reflecting renewed investor interest.
Ed Yardeni, president of Yardeni Research, reaffirmed in April 2024 interviews that the S&P 500 index bottomed on March 30, 2024, and maintained his year-end 2026 target of 7,700, according to his published commentary. Yardeni stated that investor focus has shifted away from geopolitical tensions to
The Singapore Semiconductor Industry Association (SSIA) signed two talent-building agreements on April 16 at the Semiconductor Business Connect networking event, aimed at expanding the skilled workforce for Singapore's semiconductor sector, which produces 10 percent of the world's chips, according t
Morgan Stanley's Bitcoin Trust (MSBT) surpassed WisdomTree's Bitcoin Fund (WBTC) in cumulative net inflows on Wednesday, just over a week after launching on April 8, 2024, according to flow data from Farside Investors. MSBT attracted $19.3 million in fresh investor capital on Wednesday alone,
Tom Lee, head of research at Fundstrat Global Equities, characterized the recent cryptocurrency market decline as a temporary "mini reset" driven by external factors rather than structural weakness, according to his recent analysis. Unlike previous major crypto downturns, this decline is occurring w
Sigenergy Technology, a Shanghai-based energy storage systems maker, rose as much as 85% in its Hong Kong stock market debut on April 16, 2025, after raising HK$4.4 billion (US$561 million) in an initial public offering, according to Reuters. The stock opened at HK$581 (US$74) against its IPO
Batam, an Indonesian island approximately 45 kilometers from Singapore, is rapidly expanding as Southeast Asia's leading data center destination outside Jakarta, with investment in nine facilities within Nongsa Digital Park reaching 38 trillion rupiah (US$2.2 billion) as of April 2025, according
X announced on January 21, 2026, that it is launching Starterpacks, a platform-curated feature enabling users to follow bulk groups of accounts with a single click, according to Nikita Bier, X's head of product. The company compiled over 1,000 pre-made categories of curated accounts across niches an
South Korean artificial intelligence semiconductor fabless companies displayed sharply divergent research and development spending patterns in 2025 financial reports filed with the Financial Supervisory Service (FSS) on April 16, 2026, reflecting their distinct positions in the product development l
The UK Office for National Statistics (ONS) reported on March 28, 2024, that the UK economy expanded 0.5% month-on-month in February 2024, significantly exceeding economist forecasts of 0.1% growth and marking the strongest monthly performance of 2024 to date. However, the International Monetary
China International Capital Corporation (CITIC) released research indicating that major overseas technology companies significantly raised their 2026 capital expenditure (CAPEX) guidance, with levels now approaching or exceeding operating cash flow, according to the CITIC research report. While
JPMorgan and Mitsubishi UFJ Financial Group initiated a $38 billion syndicated loan in August to finance Oracle data center projects in Texas and Wisconsin as part of Oracle's partnership with OpenAI, according to people familiar with the matter; however, as of March 2024, the deal is nearing
Bitdeer Technologies Group (NASDAQ: BTDR) released its 2026 March unaudited production and operations update via Globe Newswire on April 15. The data show that it mined 661 bitcoins in March, up about 480% year-over-year versus the same period in 2025. Its self-mining computing power increased year over year by about 504% to approximately 70 EH/s.