panida wijitpanya The US and Iran are in discussions about holding another round of face-to-face negotiations for a longer-term ceasefire, after talks in Islamabad led by Vice President JD Vance failed to produce a breakthrough, Bloomberg News reported. The people, who asked not to be identified discussing private deliberations, said the goal is to hold fresh talks before a two-week ceasefire anno...
panida wijitpanya The US and Iran are in discussions about holding another round of face-to-face negotiations for a longer-term ceasefire, after talks in Islamabad led by Vice President JD Vance failed to produce a breakthrough, Bloomberg News reported. The people, who asked not to be identified discussing private deliberations, said the goal is to hold fresh talks before a two-week ceasefire announced April 7 expires next week. One idea is to return to Islamabad for a second round, though other venues have also been discussed, they said. CNN reported Monday that White House officials were discussing the possibility of another meeting, and Pakistan Prime Minister Shehbaz Sharif said efforts are ongoing to resolve the outstanding issues between the US and Iran. WTI crude ( CL1:COM ) was down 2.4% to $96.75/bbl in Asian trade, and Brent crude ( CO1:COM ) eased 1.7% to $97.65/bbl after surging well past $100 in the previous session. More on markets, etc. Prices Are Going Higher 1999 Vs. 2026: No Contest Why We Are 'Buying The Dips' Supply shock coming as last oil tankers leaving Hormuz before Iran war to unload in next few days SA analyst: Bond stability holds as equities rally after failed Iran talks
Getty Images Shares of Fidelity National Financial ( FNF ) have been a poor performer over the past year, losing about a quarter of their value. In particular, shares have weakened over the past six weeks as interest rates have risen, which has dampened hopes for a boom in refinancing transactions. At the same time, FNF’s stake in F&G Annuities & Life ( FG ) has lost value amid concerns around pri...
Getty Images Shares of Fidelity National Financial ( FNF ) have been a poor performer over the past year, losing about a quarter of their value. In particular, shares have weakened over the past six weeks as interest rates have risen, which has dampened hopes for a boom in refinancing transactions. At the same time, FNF’s stake in F&G Annuities & Life ( FG ) has lost value amid concerns around private credit. I last covered Fidelity in November , rating shares a “ H old,” but with the stock down 18% since then, a “ S ell” was merited. After such a decline and with a softer macro environment, now is a good time to revisit FNF to see if investors should buy the dip or if more weakness lies ahead. Seeking Alpha First off, when valuing Fidelity, I value its stand-alone business and add back the market value of its F&G stake. Now, in December , FNF distributed 16.3 million (or ~12% of the company) shares of F&G to its shareholders. After this sale, it still owns about 70% of the company, which is worth about $2.25 billion. This stake is worth about $8.25 per FNF share. I would also note that I have covered F&G separately for investors interested in its stand-alone prospects. Now, when entering 2026, there was substantial hope that we would see growing title volumes. FNF generates premiums during both refinancing and purchase activity; as a general rule of thumb, when there is a new mortgage, it is an opportunity to sell title insurance. As interest rates approached 6%, this created the opportunity for both a refi wave and an increase in purchase transactions (which tend to be more lucrative). As you can see below, however, rates have ticked back up, and the increase in oil prices is likely to delay Fed rate cuts and keep longer-term yields higher. Beyond the rate impact, the renewed bout of uncertainty may cause some potential homebuyers to hold off on that purchase decision, especially with the labor market softening somewhat. St. Louis Federal Reserve Back in February,...
As part of a public trial held by the Shenzhen Intermediate People’s Court, China Evergrande Group founder and former chairman Hui Ka-yan admitted guilt and expressed remorse over a set of charges including embezzlement of corporate assets and corporate bribery, according to a statement issued by the court. The trial was held on Monday and Tuesday, and the court will issue its judgement at a later...
As part of a public trial held by the Shenzhen Intermediate People’s Court, China Evergrande Group founder and former chairman Hui Ka-yan admitted guilt and expressed remorse over a set of charges including embezzlement of corporate assets and corporate bribery, according to a statement issued by the court. The trial was held on Monday and Tuesday, and the court will issue its judgement at a later date. More to follow ...
Euroclear Group CEO Valerie Urbain says volatility stemming from the Middle East conflict is likely to be more prolonged than in previous crises. Speaking exclusively on the sidelines of the HSBC Global Investment Summit in Hong Kong, Urbain says Euroclear positions itself as a bridge between Asia and Europe, aiming to capitalise on structural trends such as RMB internationalisation and digital as...
Euroclear Group CEO Valerie Urbain says volatility stemming from the Middle East conflict is likely to be more prolonged than in previous crises. Speaking exclusively on the sidelines of the HSBC Global Investment Summit in Hong Kong, Urbain says Euroclear positions itself as a bridge between Asia and Europe, aiming to capitalise on structural trends such as RMB internationalisation and digital asset tokenization. (Source: Bloomberg)
Jasmine El‑Gamal, Founder and CEO of Averos Strategies, say the US and Iran are both reluctant to make concessions to end their conflict, as each side believes it’s in a stronger position. Speaking on the sidelines of the HSBC Global Investment Summit in Hong Kong, the former adviser to the US Department of Defense also says the upcoming Trump–Xi summit could provide leverage for President Trump t...
Jasmine El‑Gamal, Founder and CEO of Averos Strategies, say the US and Iran are both reluctant to make concessions to end their conflict, as each side believes it’s in a stronger position. Speaking on the sidelines of the HSBC Global Investment Summit in Hong Kong, the former adviser to the US Department of Defense also says the upcoming Trump–Xi summit could provide leverage for President Trump to work with partners to help dial down tensions. (Source: Bloomberg)
HSBC Hong Kong CEO Maggie Ng says growing interest from new clients in wealth management is driving the bank to invest heavily in infrastructure and digital. Speaking exclusively on the sidelines of the HSBC Global Investment Summit, Ng also discusses the outlook for Hong Kong’s real estate sector and the lender’s AI transformation. (Source: Bloomberg)
HSBC Hong Kong CEO Maggie Ng says growing interest from new clients in wealth management is driving the bank to invest heavily in infrastructure and digital. Speaking exclusively on the sidelines of the HSBC Global Investment Summit, Ng also discusses the outlook for Hong Kong’s real estate sector and the lender’s AI transformation. (Source: Bloomberg)
At least 26 South Korean tankers are thought to be stranded near the Strait of Hormuz. That fact alone may best explain why President Lee Jae Myung walked into a diplomatic firefight with Israel last week, analysts say. The row erupted on Friday when Lee commented on a grainy clip that appeared to show Israeli soldiers pushing a body from a rooftop. The footage, which dates to September 2024, was ...
At least 26 South Korean tankers are thought to be stranded near the Strait of Hormuz. That fact alone may best explain why President Lee Jae Myung walked into a diplomatic firefight with Israel last week, analysts say. The row erupted on Friday when Lee commented on a grainy clip that appeared to show Israeli soldiers pushing a body from a rooftop. The footage, which dates to September 2024, was originally posted by a Palestinian activist account alongside a caption falsely claiming it showed...
Arkadiusz Warguła/iStock via Getty Images China's trade surplus dropped to USD 51.13 billion in March 2026, down from USD 101.93 billion a year prior and below the expected USD 112 billion. The trade surplus with the US stood at USD 16.8 billion in March. Exports grew 2.5% year-on-year to USD 321.03 billion, much slower than the 21.8% rise in early 2026 and below forecasts of 8.3%. Imports surged ...
Arkadiusz Warguła/iStock via Getty Images China's trade surplus dropped to USD 51.13 billion in March 2026, down from USD 101.93 billion a year prior and below the expected USD 112 billion. The trade surplus with the US stood at USD 16.8 billion in March. Exports grew 2.5% year-on-year to USD 321.03 billion, much slower than the 21.8% rise in early 2026 and below forecasts of 8.3%. Imports surged 27.8% to USD 511.3 billion, far exceeding expectations and marking the highest growth since November 2021. For the first quarter of the year, the country recorded USD 264.33 billion, with exports and imports rising by 14.7% and 22.7%, respectively. Over the first three months of the year, imports jumped 22.7% to USD 2.64 trillion. On Tuesday, the Shanghai Composite rose 0.4% to 4,006 on Monday, extending the previous session’s gains, while the Shenzhen Component climbed 1.2% to 14,575, and the offshore yuan traded around 6.81 per dollar, hovering near its strongest level since March 2023. ETFs: (NYSEARCA: FXI ), (NYSEARCA: KWEB ), (NYSEARCA: CQQQ ), (NASDAQ: MCHI ), (NYSEARCA: ASHR ), (NYSEARCA: YINN ), (NYSE: TDF ), (NYSEARCA: CHIQ ), (NYSEARCA: GXC ), (NYSEARCA: EWH ), (NYSEARCA: KBA ), (NYSEARCA: YANG ), (NASDAQ: CXSE ), (NYSE: CAF ), (NYSEARCA: CWEB ), (NASDAQ: PGJ ), (NYSEARCA: KURE ). Currency: ( CNY:USD ) More on China markets and economy: CQQQ: Fairly Valued For A Reason CQQQ: The China Tech ETF That Keeps Testing Your Patience KWEB: Legacy Businesses Take Time To Phase-Out Trump warns China: 50% tariffs for Iran military aid Chinese rare earth producers hike prices by 44% for Q2