China’s Fuel Export Squeeze: Could Asia’s $50 Refining Margins Become the Next Inflation Shock? Global investors have spent much of 2026 watching crude oil. But another part of the energy market may now deserve just as much attention: the cost of refining crude oil into the fuels that households and businesses actuall…

The Fed Isn't the Biggest Problem Anymore: Why the Global Bond Market Is Suddenly Worried About Government Debt For years, investors trying to understand bond markets focused on one question: What will the Federal Reserve do next? Will the Fed raise interest rates? Will it pause? When will it cut? That framework still…

AI Is Reviving Asia’s Factories: Is the Global Manufacturing Cycle Finally Turning? For the past few years, artificial intelligence has primarily been viewed as a technology and stock-market story. AI stocks surged. Semiconductor companies expanded production. Technology giants committed hundreds of billions of dollar…

South Korea’s Chip Exports Are Surging 259%: Is the AI Boom Finally Spreading From Stock Prices Into the Real Economy? For much of the artificial-intelligence boom, the most visible evidence has been in financial markets. AI-related stocks surged. Semiconductor valuations climbed. Technology companies announced hundre…

The AI Boom Is Entering a New Phase: $126 Billion Is Pouring Into Chips, Data Centres and Power For the past several years, the artificial-intelligence investment story has largely revolved around one question: Which company will build the most powerful AI chips and models? That question helped fuel enormous gains acr…

China’s Economy Is Splitting in Two: AI Profits Are Surging While Traditional Industries Struggle China’s economy is becoming increasingly difficult to describe with a single word such as “strong” or “weak.” Underneath the headline growth numbers, two very different economies appear to be developing. On one side are a…

AI Stocks Keep Rising While Bond Yields Hit Multi-Decade Highs: Is the Stock Market Becoming Too Dependent on AI? Something unusual is happening across global financial markets. Bond investors are confronting some of the highest yields seen in decades. The U.S. 10-year Treasury yield has moved above 5%, longer-dated y…

AI Stocks Keep Rising While Bond Yields Hit Multi-Decade Highs: Is the Stock Market Becoming Too Dependent on AI? Something unusual is happening across global financial markets. Bond investors are confronting some of the highest yields seen in decades. The U.S. 10-year Treasury yield has moved above 5%, longer-dated y…

Japan’s Bond Yields Are Surging: Could Trillions in Japanese Money Start Coming Home? For decades, Japan played an unusual but enormously important role in global financial markets. Interest rates at home were exceptionally low. Japanese banks, insurers, pension funds and other institutional investors therefore search…

U.S. 10-Year Yield Is Back Above 5%—But This Time Strong Growth Is Driving It: Why That Matters for Stocks The U.S. 10-year Treasury yield is back above 5%. Normally, that headline alone would be enough to make equity investors nervous. But something important is different this time. Treasury yields are not rising onl…