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News
National Pension Service appoints Kyuhong Lee as CIO of $1.4 trillion portfolio
9+ hour, 54+ min ago (292+ words) South Korea's massive public pension fund taps a veteran multi-asset investor to steer one of the world's largest pools of retirement savings. South Korea’s National Pension Service just handed one of the most consequential jobs in global finance to Kyuhong…...
China's foreign exchange regulator urges banks to promote currency hedging
10+ hour, 27+ min ago (360+ words) SAFE and PBOC push banks to raise corporate hedging ratios to 40% as yuan volatility reshapes risk management across China's trade sector China’s foreign exchange watchdog is quietly leaning on banks to get their corporate clients to hedge more aggressively against…...
Oil prices jump 2% after new strikes on Saudi Arabia, Strait of Hormuz
11+ hour, 29+ min ago (77+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
China's economy enters critical phase for year-end stimulus
11+ hour, 56+ min ago (328+ words) Beijing is threading the needle between targeted fiscal support and avoiding a debt-fueled spending spree as domestic consumption stays stubbornly weak China’s economy is pulling off a strange magic trick. Exports are surging, trade surpluses are ballooning, and GDP growth…...
Oil prices near $110 as Middle East tensions heighten supply risks
15+ hour, 10+ min ago (77+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
Oil prices surge over $3 on fresh strikes in Persian Gulf
15+ hour, 17+ min ago (476+ words) Drone attacks on Saudi pipeline infrastructure and a vessel strike in the Strait of Hormuz send crude markets into a tailspin as supply fears mount Brent crude jumped more than $3 per barrel after a cascade of attacks rattled the Persian…...
Trump advocates for lowest interest rates ahead of Fed meeting
15+ hour, 48+ min ago (456+ words) The president called for the US to have the world's cheapest borrowing costs just days before the Fed decides on rates President Trump wants the US to have the lowest interest rates on the planet. He said so from an…...
US diesel prices hit record $6.20/gallon, up 78% in nine months
16+ hour, 54+ min ago (77+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
US gasoline prices expected to stay above $4 per gallon: Bloomberg
17+ hour, 8+ min ago (77+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
Bond selloff drives Treasury yield near 5%, raising fresh concerns about US borrowing costs
18+ hour, 13+ min ago (390+ words) The 10-year Treasury yield hit its highest level since October 2023 as surging oil prices, persistent inflation, and ballooning fiscal deficits converge into a perfect storm for bond markets. The 10-year US Treasury yield climbed to 4.943% on September 10, flirting with the…...