Market News
- China to Commission Seven Nuclear Reactors in 2026, CCTV Says
by Dan Murtaugh on April 17, 2026 at 3:14 amSeven nuclear power reactors are scheduled to be completed and commissioned in China this year, state broadcaster China Central Television reported, citing the nation’s atomic energy organization’s annual report.
- London Metals Index at Record High on Aluminum ‘Black Hole’ Fear
by Charlie Zhu, Winnie Zhu on April 17, 2026 at 2:58 amIndustrial metals jumped to a record high on the London Metal Exchange, driven gains in aluminum after the Middle East war disrupted supplies, as well as a recent revival in copper.
- What’s Next for Manycore After Blockbuster HK Debut
on April 17, 2026 at 2:52 amHangzhou-based Manycore Tech, one of the so-called "Six Little Dragons" of Chinese AI startups, surged as much as 187% during its trading debut in Hong Kong. Its co-founder and chairman Victor Huang, who previously worked at Nvidia, says Manycore plans to integrate new technologies and expand into new markets. (Source: Bloomberg)
- Indian Stocks Risk Deeper Underperformance as Tech-Led North Asia Draws Funds
by Rajesh Mascarenhas on April 17, 2026 at 2:48 amMarket’s appeal among Asia money managers has eroded.
- OCBC Is Said to Emerge as Lead Bidder for HSBC Indonesia Assets
Oversea-Chinese Banking Corp. has emerged as the preferred bidder to buy HSBC Holdings Plc’s […]
- Investors Should 'Look Under the Hood' of Markets: IG International
IG International's Fabien Yip says that while the stock market "is striking new highs," it's […]
- Military Drone Maker Aevex Raises $320 Million in US IPO
Aevex Corp., a maker of military drones, raised $320 million in its initial public offering, as […]
- Australia’s Treasurer Flags Inflation Risk Before Budget
Australian Treasurer Jim Chalmers tells Bloomberg TV that the global economy faces a “really […]
- Trump Says Deal With Iran ‘Looking Very Good’ Amid Ceasefire
President Donald Trump struck an optimistic tone for prospects that the US and Iran could clinch a […]
- SEC Looks to Reform Trading Database Loathed by Wall Street
The US Securities and Exchange Commission asked for public input on how to trim down the cost and […]
- Henry Paulson Suggests US Make a Break-Glass Treasuries Plan
Former Treasury Secretary Henry Paulson suggested US authorities prepare a back-up plan in order to […]
- Iran War Pushes Asia to Think Twice Before Doubling Down on LNG
A record wave of new liquefied natural gas supply was meant to usher in a prolonged period of lower […]
political news
- China Steps Up Outreach to Italy During Trump’s Rift With Meloni
by Josh Xiao on April 17, 2026 at 1:57 amChinese Foreign Minister Wang Yi pledged to deepen relations with Rome in a meeting with his Italian counterpart, as a split worsens between US President Donald Trump and Prime Minister Giorgia Meloni.
- Colombian Presidential Candidate Valencia Backs Fracking for Gas
by Andrea Jaramillo on April 17, 2026 at 1:33 amPresidential candidate Paloma Valencia said Colombia should put oil and gas back at the center of its energy policy, and called for hydraulic fracturing to address a widening natural gas deficit.
- Trump Seeks to Sell Voters on Economy Despite Iran ‘Diversion’
by Kate Sullivan, Caitlin Reilly on April 17, 2026 at 1:21 amPresident Donald Trump sought to assuage voters’ fears about the cost of living despite higher energy prices stemming from his war in Iran at a rally to build support for his economic record ahead of November’s midterm elections.
- Australia Rejects ‘Dispute’ With Trump Over Strait of Hormuz
by Swati Pandey on April 17, 2026 at 12:43 amAustralia isn’t looking to engage in a “dispute” with President Donald Trump over his repeated complaints about Canberra’s failure to assist the US in the Iran war and to secure the Strait of Hormuz, senior government ministers said.
- ICE Director Lyons to Depart in May After Tumultuous Tenure
by Alicia A. Caldwell on April 17, 2026 at 12:21 amThe acting head of US Immigration and Customs Enforcement will leave the agency at the end of May after a tumultuous year managing President Donald Trump’s mass arrest and deportation campaign.
- Trump Says Deal With Iran ‘Looking Very Good’ Amid Ceasefire
President Donald Trump struck an optimistic tone for prospects that the US and Iran could clinch a […]
- Traders Revive Short-Volatility Bets as Peace Hopes Calm Markets
As hopes for a lasting deal between the US and Iran steady markets worldwide, traders are […]
- Fewer Than 10,000 Votes Split Peru Hopefuls Vying for Runoff
A leftist is clinging to a razor-thin advantage over his right-wing rival in the race to take on […]
- Iran Has Limited the Impact of US Strikes, Intelligence Says
Pre-war planning meant Iran’s military was able to mitigate the impact of US-Israeli strikes on […]
- Trump Restarts Funds for NYC Second Avenue Subway Extension
The Trump administration said it will resume funding for a $7 billion project to extend the Second […]
Wealth
- NYC’s Second-Home Tax Unites Mamdani, Hochul After Budget Fights
by Laura Nahmias, Nacha Cattan, Ben Steverman on April 16, 2026 at 6:05 pmGovernor Kathy Hochul and New York City Mayor Zohran Mamdani have finally found a tax that they agree on. Getting everyone else on board stands to be more complicated.
- Want to Retire Rich? Here Are Strategies You Can Deploy at Any Age
by Charlie Wells on April 16, 2026 at 4:07 pmWhether your workforce exit is three decades away or coming up next year, these tips can help.
- Safra Dynasty Worth $28 Billion Hires New Family Office CEO
by Cristiane Lucchesi, Benjamin Stupples on April 16, 2026 at 3:41 pmA family office for the Safra banking dynasty and other members of the world’s ultra-wealthy named Sergio Penchas as its chief executive officer, making the change following a recent jump in assets.
- Cisneros Secures Two-Thirds of $1 Billion Venezuela Recovery Fund
by Fabiola Zerpa on April 16, 2026 at 3:27 pmCisneros Group, an investment firm run by one of Venezuela’s most well-known business families, has secured two-thirds of the $1 billion that it plans to raise for a reconstruction fund, according to its chief executive officer.
- Billionaire Saudi Prince Alwaleed Buys Al Hilal Football Club
by Omar El Chmouri on April 16, 2026 at 2:33 pmSaudi billionaire Prince Alwaleed bin Talal is set to acquire a majority stake in Al Hilal Football Club from the Public Investment Fund, marking the next stage of the kingdom’s privatization efforts for its local league.
Tech & Innovation
- GIC-Backed Envision AESC Is Said to Mull Up to $2 Billion HK IPO
by Pei Li, Julia Fioretti on April 17, 2026 at 2:37 amEnvision AESC, a major global manufacturer of lithium-ion batteries for electric vehicles and energy storage systems, is considering an initial public offering in Hong Kong as soon as this year, according to people familiar with the situation.
- Flow Capital Puts $150 Million Private Credit Fund on Blockchain
by Pearl Liu, Aileen Chuang on April 17, 2026 at 2:13 amFlow Capital Partners plans to offer its $150 million private credit fund on a Singapore-based blockchain platform by month end, positioning itself among the first Asian managers to tap growing stablecoin liquidity.
- Sequoia’s New Leaders Raise About $7 Billion for Firm’s Biggest Bets
by Natasha Mascarenhas, Edward Ludlow on April 16, 2026 at 11:35 pmSequoia Capital, one of the largest and most prominent venture capital firms, has raised about $7 billion for a new fund according to people familiar with the discussions — the first fresh fundraising under Sequoia’s new leadership.
- Permian Landowner EagleRock Files for Initial Public Offering
by Anthony Hughes on April 16, 2026 at 11:15 pmEagleRock Land LLC filed for an initial public offering as the Permian Basin landowner and management company seeks to expand holdings and attract power generation, data centers and other industrial developments that could benefit from being near energy sources.
- Nvidia Alum Rides China’s Robotics Wave to 187% Debut Pop
by Charlie Zhu, Zheping Huang on April 16, 2026 at 11:00 pmManycore Tech Inc. built a billion-dollar valuation in China’s once-sizzling real estate market. Now, the software unicorn is betting on robotics and AI for its second act.
