Myles Bradshaw, head of global aggregate strategies at JPMorgan Asset Management, discusses the outlook for inflation, central bank policy and bond markets after the US and Iran agreed a two-week ceasefire. "As you're seeing the energy shock diminish, the risk of second round effects comes down," Bradshaw tells Bloomberg Television. (Source: Bloomberg)
Myles Bradshaw, head of global aggregate strategies at JPMorgan Asset Management, discusses the outlook for inflation, central bank policy and bond markets after the US and Iran agreed a two-week ceasefire. "As you're seeing the energy shock diminish, the risk of second round effects comes down," Bradshaw tells Bloomberg Television. (Source: Bloomberg)
This article was first published on April 8, 1986. Billion dollar brilliance by Staff Reporters The new $5.2 billion headquarters of the Hongkong and Shanghai Banking Corpn was formally opened last night (April 7, 1986) when the Governor, Sir Edward Youde, snipped a simple ribbon. The building, every light ablaze, was a symbol of the bank’s faith in the future of Hongkong, said the bank’s chairman...
This article was first published on April 8, 1986. Billion dollar brilliance by Staff Reporters The new $5.2 billion headquarters of the Hongkong and Shanghai Banking Corpn was formally opened last night (April 7, 1986) when the Governor, Sir Edward Youde, snipped a simple ribbon. The building, every light ablaze, was a symbol of the bank’s faith in the future of Hongkong, said the bank’s chairman, Mr Michael Sandberg. Many also saw it as a vindication of Mr Sandberg’s own commitment in his...
China has implemented a new regulation on supply chain security that hands officials the power to punish any entities deemed to threaten the country’s access to vital resources and the free flow of goods, as Beijing confronts an increasingly turbulent global outlook. The 18-point regulation – which was passed and became effective on March 31, but the full text of which was only published on Tuesda...
China has implemented a new regulation on supply chain security that hands officials the power to punish any entities deemed to threaten the country’s access to vital resources and the free flow of goods, as Beijing confronts an increasingly turbulent global outlook. The 18-point regulation – which was passed and became effective on March 31, but the full text of which was only published on Tuesday – elevates safeguarding China’s industrial and supply chains to a national security issue. The new...
Banning crypto firms from offering customers yield on stablecoins would not have a meaningful effect on community banks, White House economists said in a report on Wednesday — marking the latest development in a fierce conflict between the two industries that has stalled legislation in Congress. Prohibiting such rewards would only boost traditional lending marginally — by 0.02%, or $2.1 billion — ...
Banning crypto firms from offering customers yield on stablecoins would not have a meaningful effect on community banks, White House economists said in a report on Wednesday — marking the latest development in a fierce conflict between the two industries that has stalled legislation in Congress. Prohibiting such rewards would only boost traditional lending marginally — by 0.02%, or $2.1 billion — most of which would come from large banks rather than community lenders, according to the report by the Council of Economic Advisers . “The conditions for finding a positive welfare effect from prohibiting yield are simply implausible,” the report states. “In short, a yield prohibition would do very little to protect bank lending, while forgoing the consumer benefits of competitive returns on stablecoin holdings.” The report contradicts findings by the Independent Community Bankers of America , a trade group, which has said that small banks are at risk of potentially losing $1.3 trillion in deposits and $850 billion in loans if legislation is passed that explicitly allows certain interest payments on stablecoins, which can offer juicier rewards. Read More: FDIC Lays Out Guidelines for Institutions Issuing Stablecoins CEA is expected to provide objective advice on domestic and international economic policy issues. But it sits within the White House’s executive office at a time when President Donald Trump has been supportive of the crypto industry and actively engaged in getting Congress to move stablecoin legislation along. The tokens are designed to maintain a constant price and are often pegged one-for-one to the value of the US dollar. In July, Trump signed a landmark framework for stablecoin issuers, which prohibits them from offering any form of interest or yield. However, the law does not ban distribution partners from offering rewards tied to stablecoin balances. Coinbase Global Inc. , for example, offers 3.5% on certain customers’ balances of USDC, a stablecoin issue...
New CEO hails ‘Axe the Tax’ revolt in previous battle Dunshea surprised by RSPCA comments on welfare The chief executive of the British Horseracing Authority, Brant Dunshea, has revealed that the sport will consider more direct action protests as they continue to battle against government plans to introduce affordability tests for punters. A one-day strike last September that led to four scheduled...
New CEO hails ‘Axe the Tax’ revolt in previous battle Dunshea surprised by RSPCA comments on welfare The chief executive of the British Horseracing Authority, Brant Dunshea, has revealed that the sport will consider more direct action protests as they continue to battle against government plans to introduce affordability tests for punters. A one-day strike last September that led to four scheduled meetings being cancelled played a pivotal role in the government abandoning plans to increase the tax on betting from 15% to 21%, which the BHA estimated would have cost £330m to the industry. Continue reading...
据了解，淘天集团当下对 AI 的探索将聚焦在 AI to B 方向上，其核心 OKR 是商家侧的 AI 工具留存率以及 AI 带来的 GMV 增长。它的背景是进入2026年， Open Claw 引爆 AI Agent，阿里 CEO 吴泳铭提出阿里组建新的 Alibaba Token Hub（ATH ）事业群，所有关联业务需要围绕 Token 进行商业化。 组织变动也随之发生。据了解，中国电商事业...
据了解，淘天集团当下对 AI 的探索将聚焦在 AI to B 方向上，其核心 OKR 是商家侧的 AI 工具留存率以及 AI 带来的 GMV 增长。它的背景是进入2026年， Open Claw 引爆 AI Agent，阿里 CEO 吴泳铭提出阿里组建新的 Alibaba Token Hub（ATH ）事业群，所有关联业务需要围绕 Token 进行商业化。 组织变动也随之发生。据了解，中国电商事业群 AI 业务的负责人张凯夫不再负责，承载 AI 业务的“智能搜推产品”事业部调整为“平台用户及产品”和“智能算法”两个部门，负责多模态的“未来创新事业部”则融入ATH 事业群。“新的一年由 ATH 统领集团的 AI 战略，别的业务没必要重复造轮子。”一位接近淘天集团的消息人士这样说。（36氪）
MoMo Productions/DigitalVision via Getty Images Bain Capital Specialty Finance, Inc. ( BCSF ), is a BDC managed by an affiliate of Bain Capital, one of the world's leading private invеstment firms. With а diversified pоrtfolio of ovеr 200 holdings across multiple industriеs and a consistеnt histоry of outperfоrming its peеr grоup in average total returns, BCSF has estаblished itself аs one of the ...
MoMo Productions/DigitalVision via Getty Images Bain Capital Specialty Finance, Inc. ( BCSF ), is a BDC managed by an affiliate of Bain Capital, one of the world's leading private invеstment firms. With а diversified pоrtfolio of ovеr 200 holdings across multiple industriеs and a consistеnt histоry of outperfоrming its peеr grоup in average total returns, BCSF has estаblished itself аs one of the mоre resiliеnt playеrs in the BDC spаce. Dеspite this strоng opеrating profilе, the company's common stock is currеntly trаding at onе of the deеpest historicаl discоunts to NAV, a situation that creates an attrаctive oppоrtunity for invеstors. If you want to see our last article for the company (at its 3rd quarter), you can do so here. Assets BCSF's earnings (baincapitalspecialtyfinance.com) At the end of 2025, Bain Capital Specialty Finance, Inc. had close to $2.66 billion in total assets and $1.47 billion in total debt. The investments in fair value represent close to 94% of the total assets, and the non-accrual loans represent 1.5% and 0.8% of the total investment portfolio at amortized cost and fair value. The current market capitalization is close to $816 million. BCSF has close to 203 holdings, and the biggest part of its portfolio is in the "Investment Vehicles" industry (16%), followed by "High Tech Industries" (11%), and "Services: Business" (10%). BCSF's portfolio (baincapitalspecialtyfinance.com) Reddit Rating The company has a "BBB-" credit rating by Fitch, as you can see in the next screenshot. BCSF's credit rating (fitchratings.com) Debt The largest part of the company's portfolio is in "First lien senior secured" - close to 64%, followed by 16% in "Investment Vehicles", 15% in "Equity and Other", 4% in "Subordinated Debt", and 1% in "Second Lien". BCSF's investment portfolio (baincapitalspecialtyfinance.com) The largest part of the company's debt is in Unsecured debt - close to 64%, followed by 19% in the Middle Market CLO, and 17% in the Secured Revolving C...
Quantum Blockchain Technologies PLC (AIM:QBT, FRA:BYA1) CEO Francesco Gardin talked with Proactive's Stephen Gunnion about progress in the company’s AI Oracle development and how it could significantly reduce deployment timelines for Bitcoin mining optimisation. Gardin explained that the company has introduced a mining development kit (MDK), allowing its AI Oracle to operate via a server connected...
Quantum Blockchain Technologies PLC (AIM:QBT, FRA:BYA1) CEO Francesco Gardin talked with Proactive's Stephen Gunnion about progress in the company’s AI Oracle development and how it could significantly reduce deployment timelines for Bitcoin mining optimisation. Gardin explained that the company has introduced a mining development kit (MDK), allowing its AI Oracle to operate via a server connected directly to a hash board. This approach removes the need to initially adapt code for constrained mining hardware, streamlining testing and development. He said: “What is important for the potential partner is that it works on their hash board,” highlighting the importance of early-stage validation for commercial adoption. By shifting development to a server-based environment, QBT can integrate its Oracle without worrying about hardware limitations during the initial phase. Gardin noted this enables the company to “cut lead time to delivery,” with a target to complete key milestones by the end of the month. The discussion also covered compatibility with widely used mining devices such as the Antminer S9 and Bitaxe Gamma. These platforms will be used for demonstrations to third parties, supported by new communication protocols linking them to the AI Oracle running on a server. Looking ahead, QBT plans to showcase the AI Oracle at the Bitcoin 2026 conference in Las Vegas, aiming to present a live demonstration to ASIC manufacturers and industry participants. For more videos like this, visit Proactive’s YouTube channel, like this video, subscribe, and enable notifications so you never miss an update. #QuantumBlockchainTechnologies #AIOracle #BitcoinMining #CryptoInnovation #BlockchainTechnology #ASIC #Bitcoin2026 #MiningTech #CryptoDevelopment #Fintech #DigitalAssets #TechInnovation #ProactiveInvestors