Finance News

Milken Conference News

Two sizzling headlines to kick off: Millennium Management is negotiating with Goldman Sachs’ Petershill Partners to identify potential buyers for a minority stake in Millennium’s management company, the latest chapter in Izzy Englander’s effort to institutionalize his hedge fund. And BlackRock, the world’s largest asset manager, is asking senior executives to return to the office […]

Chinese EV Battery Giant CATL Plans $4 Billion Hong Kong Listing Amid Global Expansion

Contemporary Amperex Technology Co. Limited (CATL), the world’s largest EV battery manufacturer, is set to launch what could be the biggest Hong Kong IPO of the year. Massive Fundraising Effort CATL announced it will raise at least $4 billion in an upcoming listing on the Hong Kong Stock Exchange. According to the prospectus filed on […]

U.S. Tariff Policy Sparks Deeper Structural Shifts in the Global Economy

While recent months have seen financial markets rocked by dramatic swings, a more profound and lasting shift is quietly unfolding. Beyond short-term volatility lies a deeper story: the instability of economic consensus and the structural changes catalyzed by unpredictable U.S. tariff policies. Economic Consensus in Turmoil Earlier this year, confidence in “American economic exceptionalism” peaked […]

Nigerian Firms Lead Historic Shift in Oil Asset Ownership

Local producers are stepping in to fill the gap left by departing foreign companies in Africa’s largest oil producer. A New Era in Nigeria’s Oil Industry Osayande Igiehon, CEO of Heirs Energies, grew up in a region of Nigeria marked by oil pipelines—legacy infrastructure from decades of foreign energy investment. Today, he stands at the […]

U.S. Watchdog Warns Tariff Turmoil Could Undermine Appeal of American Assets

The head of the Congressional Budget Office (CBO) has raised concerns that market volatility triggered by President Donald Trump’s tariff policies could become a “tipping point” for foreign investors, potentially weakening demand for U.S. assets and undermining economic stability. Market Turbulence Raises Alarm Phillip Swagel, Director of the CBO, told the Financial Times that the […]

Trump Says U.S. Will Maintain 10% Tariff Baseline Even After Trade Deals Are Reached

WASHINGTON, May 9 (Reuters) — President Donald Trump announced on Friday that the United States will maintain a baseline tariff of 10% on imported goods even after trade agreements are signed, signaling a shift in the nation’s long-term trade policy. He also stated that exceptions may be granted if countries offer significant concessions in future […]