The two-week cease-fire agreed between the U.S. and Iran has left investors less worried that major central banks will raise borrowing costs this year.
The two-week cease-fire agreed between the U.S. and Iran has left investors less worried that major central banks will raise borrowing costs this year.
Jubail is Saudi Arabia’s largest industrial city. Photo: VCG China Shares of Chinese chemical manufacturers surged on Tuesday after a missile attack targeted Jubail, Saudi Arabia’s largest industrial city, threatening a key hub for global petrochemical production and driving international buyers to seek alternative suppliers. Several Shanghai- and Shenzhen-listed chemical companies, including Guiz...
Jubail is Saudi Arabia’s largest industrial city. Photo: VCG China Shares of Chinese chemical manufacturers surged on Tuesday after a missile attack targeted Jubail, Saudi Arabia’s largest industrial city, threatening a key hub for global petrochemical production and driving international buyers to seek alternative suppliers. Several Shanghai- and Shenzhen-listed chemical companies, including Guizhou Chitianhua Co. Ltd. (600227.SH), Sichuan Lutianhua Co. Ltd. (000912.SZ), Hebei Jinniu Chemical Industry Co. Ltd. (600722.SH), and Shaanxi Xinghua Chemistry Co. Ltd. (002109.SZ), hit their 10% daily trading limits. Nantong Jiangtian Chemical Co. Ltd. (300927.SZ) jumped 20%.
Some of the world’s largest investment firms are buying bonds and artificial-intelligence stocks while selling the dollar, betting that war-driven uncertainty has passed its peak following the US-Iran ceasefire. Kellie Wood at Schroders Plc spent much of her Wednesday morning snapping up short-dated bonds including Treasuries, a move that Jupiter Asset Management Ltd. is also weighing, alongside p...
Some of the world’s largest investment firms are buying bonds and artificial-intelligence stocks while selling the dollar, betting that war-driven uncertainty has passed its peak following the US-Iran ceasefire. Kellie Wood at Schroders Plc spent much of her Wednesday morning snapping up short-dated bonds including Treasuries, a move that Jupiter Asset Management Ltd. is also weighing, alongside plans to sell dollars. Franklin Templeton’s Andrew Canobi forecasts a rally in the 10-year Treasuries. Allspring Global Investments is wading into tech and defense stocks that are insulated from energy shocks. The actions point to tentative confidence that the worst of the selloff triggered by the war in Iran six weeks ago may be over. Falling oil prices after the ceasefire announcements have revived bets that the Federal Reserve will refocus on interest-rate cuts. Hopes that a gradual return in crude supplies have boosted equities, sending a gauge of Asia Pacific shares climbing to the highest level since early March. “I’ve been tied up buying bonds all morning,” said Wood, a money manager at Schroders, which oversees over $1 trillion in assets. She has added positions in markets that have underperformed the most during the crisis, including the European Union and the United Kingdom. She’s also buying short-dated Treasuries. Treasuries rallied on the news, with the benchmark two-year bond yield dropping as much as eight basis points. The 10-year yield fell five basis points to 4.23%. Meanwhile, major currencies all rallied against the dollar, which had been a haven asset during the war. Gold also rose. Franklin Templeton also sees value in some Treasuries, adding that markets are likely to claw back much of the March dip that were driven by inflation fears. “US 10-year yields could take a look at the low 4%,” according to director of fixed income Canobi . Still, many traders remain uneasy about the two-week ceasefire, with few details on its terms, leaving them unsure wheth...
LevelJump Healthcare ( JMPHF ) announced a plan to conduct a non-brokered private placement for up to 15M common shares at a price of $0.05 per share, aiming for gross proceeds of up to $750K. The securities will have a hold period of four months plus one day after issuance. Insiders can participate in the offering, with details to be shared later. The completion date is expected around April 16, ...
LevelJump Healthcare ( JMPHF ) announced a plan to conduct a non-brokered private placement for up to 15M common shares at a price of $0.05 per share, aiming for gross proceeds of up to $750K. The securities will have a hold period of four months plus one day after issuance. Insiders can participate in the offering, with details to be shared later. The completion date is expected around April 16, 2026. The net proceeds will be used for general working capital. Additionally, the company may pay finder's fees of up to 7% in cash and 7% in finders' warrants to eligible finders, as allowed by Exchange policies. More on Leveljump Healthcare Financial information for Leveljump Healthcare
O2O Creative/E+ via Getty Images From the company that brought us Gorilla Glass, Corning ( GLW ) has had a stellar past year, surging 275% as it underwent a significant earnings inflection through the growth of its optical communications segment. The segment, which now accounts for about 40% of total revenue, has been growing at 35% Y/Y, held up strongly by insatiable AI data center fiber infrastr...
O2O Creative/E+ via Getty Images From the company that brought us Gorilla Glass, Corning ( GLW ) has had a stellar past year, surging 275% as it underwent a significant earnings inflection through the growth of its optical communications segment. The segment, which now accounts for about 40% of total revenue, has been growing at 35% Y/Y, held up strongly by insatiable AI data center fiber infrastructure demand. The management has raised "Springboard" targets to $11B in incremental yearly sales by 2028 from the initial $8B target, as it reflects more accurately the durability of AI-driven tailwinds. Positive catalysts include the landmark $6B deal with Meta , a proprietary AI-specific fiber technology, and a nascent optionality in solar. Corning is transitioning from a display/specialty materials company into a high-growth infrastructure play, and while that warrants a premium valuation, we believe the optimism is priced into its forward P/E multiple of 47x. Thus, we think a deeper pullback is needed to make it an attractive opportunity again. Data by YCharts Financial analysis Corning spent decades mainly as a cyclical display glass company until 2017, when the 5G fiber rollout led its optical communications business to become its main growth driver. Since then, the optical segment has undergone several waves of growth—first, the 5G buildout in 2017-18, then the post-COVID broadband stimulus in 2021-22, and finally the AI data center supercycle, which started in 2024. We think this wave of optical fiber adoption is far more robust and stickier due to the secular trend of AI infrastructure as opposed to the cyclical telecom capital upgrades of the past. Hence, the stock has massively rerated from mid-teens forward P/E during 2017-18 versus ~20s during COVID and 47x as AI capex heats up. Segment FY2024 Revenue FY2025 Revenue Y/Y Growth Optical Communications $4.66B $6.27B +34.7% Display Technologies $3.87B $3.70B -4.5% Specialty Materials $2.02B $2.21B +9.5% Automotiv...
Some Malaysian importers snapped up dollars on Wednesday, capitalizing on the greenback’s retreat, according to Citigroup Inc. The dollar weakened as much as 1.4% against the ringgit as haven demand eased after the US and Iran agreed to a two-week ceasefire. Importers often use such instances to hedge currency risk, buying dollars when they are relatively cheap to lower import costs. “There’s been...
Some Malaysian importers snapped up dollars on Wednesday, capitalizing on the greenback’s retreat, according to Citigroup Inc. The dollar weakened as much as 1.4% against the ringgit as haven demand eased after the US and Iran agreed to a two-week ceasefire. Importers often use such instances to hedge currency risk, buying dollars when they are relatively cheap to lower import costs. “There’s been opportunistic dollar buying from some importers today, particularly from the manufacturing and automotive sectors,” said Vandana Bhatter , Citigroup’s head of corporate FX sales for Asia-Pacific. Importers largely remained on the sidelines in the past one to two weeks when the ringgit traded above 4 per dollar, Bhatter added. The ringgit has been under pressure since the war in Iran broke out, falling to as low as 4.0512 versus the dollar as risk sentiment deteriorated. Prior to the conflict, the currency had strengthened to an eight-year high of 3.88 per dollar, supported by strong domestic demand, buoyant exports and a surge in investment in Malaysia’s booming data center sector. While Malaysian importers have been taking advantage of the sudden dollar weakness, the nation’s exporters adopted a more measured approach. “Exporter activity has been primarily focused on covering residual short-term requirements, as many had already increased their hedges when the currency pair was above 4-per-dollar levels last week,” said Bhatter.
In this article .SPX Follow your favorite stocks CREATE FREE ACCOUNT Bridgewater founder Ray Dalio speaks in Shanghai on April 8, 2026. CNBC SHANGHAI/BEIJING — Hedge fund magnate Ray Dalio is optimistic that a highly anticipated meeting next month of the U.S. and Chinese presidents can go a long way toward soothing bilateral tensions. "The next meeting will have a particular emphasis on trade, but...
In this article .SPX Follow your favorite stocks CREATE FREE ACCOUNT Bridgewater founder Ray Dalio speaks in Shanghai on April 8, 2026. CNBC SHANGHAI/BEIJING — Hedge fund magnate Ray Dalio is optimistic that a highly anticipated meeting next month of the U.S. and Chinese presidents can go a long way toward soothing bilateral tensions. "The next meeting will have a particular emphasis on trade, but also capital flows," the founder of Bridgewater Associates told CNBC's Eunice Yoon on Wednesday in Shanghai. Dalio said he expected the two leaders to demonstrate “empathy" and work through challenges together. "Investors should be encouraged by these things," he said, noting it "carries through" to investments and markets. While the three major U.S. averages have rebounded from losses during trade tensions about a year ago, the S&P 500 is still down more than 3% so far this year , due in part to concerns stemming from the Iran war. U.S. President Donald Trump is scheduled to visit Beijing on May 14 and 15 to meet with Chinese President Xi Jinping . Trump was originally set to travel in late March, but delayed the plans due to the Iran war. watch now VIDEO 4:58 04:58 Jet fuel supply a concern for Asian carriers, ceasefire offers short-term relief Squawk Box Asia Lack of contact between the U.S. and China is "the biggest source" of bilateral tensions, said Dalio, wearing a pin bearing both the U.S. and Chinese flags. He was in Shanghai for a ceremony marking the end of a 10-day ocean exploration voyage that was organized by his non-profit OceanX and U.S. and Chinese groups to support bilateral relations. Dalio founded OceanX in 2016 with his son Mark to promote exploration and stewardship of ocean resources. The U.S. consul general in Shanghai and a vice mayor of the Chinese city also attended the Shanghai event. Ten students from each of the two countries participated in the trip, which started in Hong Kong. The "Chinese-American relationships and the oceans are the two mo...