Equity benchmark indices Sensex and Nifty ended higher on Wednesday, extending their previous day's rally, on optimism over the India-EU landmark free trade agreement.Photograph: Danish Siddiqui/ReutersThe 30-share BSE Sensex jumped 487.20 points or 0.60 per cent to settle at 82,344.68.During the day, it soared 646.49 points or 0.78 per cent to 82,503.97.The 50-share NSE Nifty surged 167.35 points or 0.66 per cent to end at 25,342.75.From the 30-Sensex firms, Bharat Electronics surged nearly 9 per cent post ...

Amazon.com (NASDAQ:AMZN) and JPMorgan Chase & Co. (NYSE:JPM) are leading a return-to-office wave while turning to coworking spaces to manage office shortages and workforce uncertainty.Amazon Expands WeWork Offices To Meet RTO DemandAmazon mandated nearly 350,000 corporate employees to return full-time in early 2025, but a chaotic rollout left workers without enough desks or parking, reported Fortune. In response, the company leased 259,000 square feet at 1440 Broadway in Manhattan through WeWork, adding to ...

Group 1 - Bond futures traders are increasing bets on a dovish policy shift at the Federal Reserve, with BlackRock's Rick Rieder emerging as a leading candidate to succeed Jerome Powell [1] - Recent trading data indicates a growing appetite for interest rate futures, particularly in the fed funds and SOFR markets, suggesting expectations for more aggressive interest rate cuts than currently priced [2] - Rieder is perceived to bring a market-centric approach to the Fed, advocating for a more aggressive half-point rate cut and opposing the Fed's forward guidance on future rate moves [4] Group 2 - Economists from Evercore ISI predict Rieder would likely advocate for three rate cuts this year, based on his views on productivity, inflation dynamics, and labor market pressures [5] - The interest rate swaps market is currently pricing in just under two quarter-point reductions for 2026, while the SOFR options market shows a recent influx of positions benefiting from multiple rate cuts, targeting a fed funds rate drop to as low as 1.5% by year-end [6]

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In the past two weeks, Rick Rieder’s odds on Polymarket of becoming the next Fed chair have surged from low single digits to nearly 50%, putting the veteran Wall Streeter far in the lead over second and third place candidates Kevin Warsh (29%) and Christopher Waller (6%). Rieder would bring a highly unusual background to the job. The current chief Jerome Powell is a former lawyer, private equity partner, and Treasury official, while his predecessors Ben Bernanke and Alan Greenspan were PhD economists (the ...

Core Viewpoint - Tether has rapidly become a significant player in the global gold market, accumulating around 140 tons of gold valued at approximately $24 billion, positioning itself similarly to a central bank in its gold strategy [1][4][6]. Group 1: Gold Accumulation and Market Impact - Tether purchased over 70 tons of gold last year, surpassing most central banks except Poland, which added 102 tons [2]. - The company's gold purchases have contributed to a 65% rally in gold prices last year, indicating its role as a significant new buyer in the market [12]. - Tether's buying rate is about one to two tons per week, with plans to continue this pace for the foreseeable future [8][10]. Group 2: Strategic Positioning and Future Plans - Tether aims to compete with major banks in gold trading, seeking to establish itself as a leading trading entity in the gold market [14][15]. - The company has hired senior gold traders from HSBC to enhance its trading capabilities and explore market inefficiencies [16]. - Tether is also investing in royalty companies related to gold mining, diversifying its exposure in the gold sector [18][19]. Group 3: Geopolitical Context and Market Sentiment - Tether's CEO predicts that geopolitical rivals to the US dollar may launch gold-backed alternatives, reflecting a broader distrust in government debt [4][20]. - The company's strategy aligns with emerging market users of its dollar stablecoin, who view gold as a protective asset against currency debasement [20][26]. - Tether's gold strategy has gained traction amid a significant market rally, as investors seek alternatives to holding US dollars [23][26].

Hong Kong Market Report Q4 2025 Jan 2026 This report analyses the performance of Hong Kong's office, knightfrank.com.hk/research residential and retail property markets Office Finance sector and PRC-related demand drive solid take-up in premium office spaces in Central, while existing vacant space and future supply still hinder overall rental growth Q4 2025 Office Highlights Total Grade-A Office Vacancy Average Unit Rent (Net sq ft) Quarterly Take-up (Net sq ft) 15.6% HK$49.5 +880,125 Table 1 : Q4 2025 Majo ...

Revolut has launched banking operations in Mexico, offering a 15% interest rate on deposits as it seeks to grab a chunk of the country’s embattled market https://t.co/VBRtYypeXm ...

Group 1: Business Participation - Nearly 60 British businesses and cultural organizations are accompanying U.K. Prime Minister Keir Starmer on his trip to China, marking the first state visit in eight years [1] - The delegation includes leaders from the financial industry, such as HSBC Group Chairman Brendan Nelson and Aberdeen Group CEO Jason Windsor [2] - Executives from major companies in the aerospace and pharmaceutical sectors are also part of the group, including Airbus's general counsel John Harrison and AstraZeneca CEO Pascal Soriot [2] Group 2: Context of the Visit - The visit occurs amid a series of foreign leaders visiting Beijing, highlighting China's diplomatic engagements amidst escalating tensions with the U.S. and disputes involving trading partners [3] - Recent visits by other foreign leaders, including Canada's Prime Minister Mark Carney and Ireland's Prime Minister Michael Martin, indicate China's active diplomatic efforts [3]

Investment Rating - The report does not explicitly state an investment rating for the industry Core Insights - The United States is on the verge of a new industrial revolution driven by AI and advanced manufacturing, which necessitates secure, reliable, and affordable energy [8] - Duke Energy plans to invest $200 billion in new grid and generation investments over the next decade, aiming to provide value for customers and advance economic development [8] Summary by Relevant Sections - **Energy Industry Transformation**: The energy sector is undergoing significant changes, with a focus on capital investment to meet the demands of a new industrial era [8] - **Duke Energy's Capital Plan**: Duke Energy's investment strategy is highlighted as the largest in the industry, emphasizing the need for modernization and infrastructure development [8] - **Market Opportunities**: The current environment presents substantial opportunities for energy companies, although it also poses challenges related to capital investment and customer affordability [8]