Trump in China: Traders predict a tariff truce extension and Boeing aircraft purchases
Traders also think it is likely that the president will talk about Iran, despite his comments that the U.S. doesn’t need China’s help in resolving the war.
Altman details Musk’s OpenAI fallout, says nonprofit was ‘left for dead’
Musk has accused Altman and another OpenAI co-founder of trying to “steal a charity”
Oil price spike turmoil far from over, IEA says as inventories are depleted at “record pace”
The IEA’s oil market report for May noted that global oil supply declined by a further 1.8 million barrels per day in April.
Jim O’Neill: 4 lessons the UK must learn from bond markets after gilts sell-off
Britain faces among the highest borrowing costs of any developed nation — but bond markets offer 4 key lessons the government can embrace to remedy the issue.
Alibaba jumps as it strikes bullish tone on AI investments, even as profit plunges
Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce.
China’s Tencent sees boost from gaming, AI demand even as revenue comes in weaker than expected
The tech giant reported its first-quarter 2026 earnings on Wednesday.
‘Bond markets on edge’ as King Charles sets out fragile UK government’s agenda
U.K. gilts and bonds faced heavy selling pressure in response to the latest ‘Starmer drama’, as the prime minister faced down rivals ahead of the King’s Speech.
Stellantis’ Leapmotor partnership points to a wider — and riskier— industry gamble
A recent tie-up between Jeep maker Stellantis and China’s Leapmotor is seen as a watershed moment for the future of European carmaking.
Jamie Dimon warns JPMorgan may rethink new London office if ‘very smart’ Starmer is ousted as UK PM
Starmer’s leadership is under pressure, sparking concern in the bond market.
SoftBank posts $46 billion gain at Vision Fund driven mainly by massive OpenAI bet
SoftBank booked a yearly gain of $46 billion at its Vision Fund driven in large part by the huge rise in value of its investment in OpenAI.
