Finance News: Markets, Economy & Global Finance

Bank Indonesia headquarters in Jakarta, Indonesia, representing monetary policy and economic stability.

Indonesia’s Policy Focus on Stability as BI Mandate Widens: DBS

Bank Indonesia (BI) is dealing with a period of expanded responsibilities while maintaining its core focus on stability, according to a recent...

Oil storage tanks at sunset reflecting geopolitical tension and rising crude prices

78

WTI crude oil climbs to near two-week high on US-Iran tensions and EIA stockpile draw

West Texas Intermediate (WTI) crude oil futures rose to a near two-week high on Wednesday, settling at $71.45 per barrel, as escalating...

Overcast view of Shanghai's Pudong skyline representing China's economic outlook for 2Q26

73

UOB projects slower 2Q26 growth for China amid headwinds

Singapore’s United Overseas Bank (UOB) has revised its growth forecast for China’s economy in the second quarter of 2026, projecting a slower...

Goldman Sachs headquarters building exterior in daylight, symbolizing financial leadership in SpaceX IPO

106

Goldman Sachs overtakes Morgan Stanley as lead banker for SpaceX IPO

Goldman Sachs has eclipsed Morgan Stanley as the lead underwriter for SpaceX’s highly anticipated initial public offering, a significant shift in the...

Hong Kong banker holding two iPhones including a China-only model with security labels

110

Morgan Stanley Issues China-Only iPhones to Hong Kong Bankers Amid Data Security Push

Morgan Stanley has begun issuing specially configured iPhones to its Hong Kong-based bankers who frequently travel to mainland China, a move that...

Interior of a modern data centre with rows of servers and blue lighting, representing DayOne's core business.

121

Chinese Data Centre Spin-Off DayOne Targets $5bn Dual IPO in Singapore and US

DayOne, a data centre company spun off from a Chinese technology conglomerate, is planning a dual initial public offering in Singapore and...

Digital tablet showing a home loan approval app next to a small model house on a desk in a modern office.

112

The End of the Mortgage Broker? How Technology Is Rewriting the Rules of Home Lending

The traditional role of the mortgage broker, long a cornerstone of the home-buying process, is facing its most significant challenge yet. A...

Exterior of a modern glass office building, representing the headquarters of a financial firm under federal investigation.

114

US Federal Prosecutors Investigate Valuation Practices at BlackRock Private Credit Fund

US federal prosecutors have initiated an examination of valuation practices at BlackRock TCP Capital Corp, a private credit fund managed by the...

Caesars Palace hotel-casino on the Las Vegas Strip at sunset, representing a potential acquisition target.

104

Banks Line Up to Back Hospitality Billionaire’s Bid for Caesars Entertainment

Tilman Fertitta, the billionaire owner of the NBA’s Houston Rockets and a portfolio of high-end restaurants including Keens Steakhouse, is moving closer...

Courtroom scene with legal teams representing Elon Musk and OpenAI during closing arguments.

114

Musk’s ‘Baseless’ Lawsuit Aimed to ‘Tie OpenAI in Knots,’ Startup’s Lawyer Argues in Closing Statements

The legal battle between Elon Musk and OpenAI reached a critical juncture this week as attorneys for the artificial intelligence startup delivered...

StockPil

Finance News