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Treasury Refunding: No Changes To Auction Sizes; Bessent Keeps "At Least" In Forward Guidance

In our preview to this morning's Quarterly Refunding Statement, we said that we do not expect major changes and that, at most, the treasury might adjust its statement language to soften the forward guidance on possibly futures increase in coupon auction sizes with one likely change would be dropping “at least” while…

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NANO Nuclear Soars On Strategic MOU With Supermicro For Powering AI Data Centers

NANO Nuclear and Supermicro have agreed to explore the integration of NANO’s KRONOS microreactor system with Supermicro’s AI server and data center platforms for scalable nuclear-powered solutions. The news of the strategic collaboration - a critical moment in the integration of alternative energy source within the …

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ADP Employment Report Signals Biggest Job Additions In 15 Months In April

With non-farm payrolls looming, we get another glimpse at the labor market today from the ADP Employment Report which shows the US economy added 109k jobs in April (a slight disappointment relative to +120k exp). That is the tenth straight month of job additions and strongest monthly addition since January 2025...

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Western collective Stockholm Syndrome: Empathizing with those who threaten it - opinion

In August 1973, four hostages were taken during a bank robbery in Stockholm, Sweden. Over the course of six days, something psychiatrists and criminologists would later find extraordinary began to happen: the captives developed an emotional bond with their captors. They sympathized with them, defended them, and in s…

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How the UAE turned resilience and flexibility into national priorities | The National

In recent months, global disruption has become an operational reality for industries across the region. Supply chain pressures have tested systems, but they have also shown the value of the UAE’s industrial ecosystem. When resilience and flexibility are designed into the way manufacturing sectors operate, essential …

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Novo Nordisk Soars After New Obesity Pill Momentum Lifts Guidance

Novo Nordisk shares jumped as much as 9% in Copenhagen, suggesting the stock may finally be bottoming out after a vicious multi-year bear market. The move followed the Danish drugmaker's decision to raise its 2026 guidance ranges for adjusted sales and adjusted operating profit, citing solid momentum in Wegovy sales.

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Israelis' wealth grows 80% in six years

Rising stock markets along with growth in pension and provident fund savings have generated unprecedented wealth for the Israeli public in the past few years. According to Bank of Israel figures released last week, at the beginning of 2026 (February) the Israeli public's portfolio of financial assets was worth a rec…

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Sri Lanka’s crypto regulation roadmap: what the 2026 framework actually means

On 12 February 2026, the Deputy Minister of Digital Economy Eranga Weeraratne stood before Sri Lanka’s apex anti-money laundering body and presented a document that had never before existed: a Concept Paper for regulating virtual assets. The presentation to the National Coordinating Committee on AML/CFT marked the g…

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Major bank's bleak warning of more rate pain in matter of weeks

Two of the big four banks are now predicting a fourth consecutive rate rise to start the year as the Reserve Bank of Australia (RBA) tries to fight rising inflation, caused in part by the war in the Middle East.The RBA yesterday raised the cash rate by 25 basis points to 4.35 per cent for the third time, effective…

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How can Vijay become Tamil Nadu CM despite TVK not getting majority?

Actor-turned politician Vijay is all set to stake his claim on the top post in Tamil Nadu after voters in the state overwhelmingly voted in his favour. With a poll debut with an impressive 108 seats, Vijay will meet Tamil Nadu governor Rajendra Vishwanath Arlekar on Wednesday (May 6). However, in an assembly with 23…

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