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Energy & Commodities · May 30, 2026 · 5 min read
Asian rice prices reportedly surged around 20% in May, as war-related supply chain disruption and worsening weather risks pressured one of the…
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Global · May 30, 2026 · 5 min read
A proposal to issue a $250 US banknote featuring Donald Trump, tied to the 250th anniversary of US independence and linked to…
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Global · May 29, 2026 · 5 min read
Anthropic has reportedly reached a $965 billion post-money valuation after a $65 billion funding round — up from ~$380 billion in February…
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Energy & Commodities · May 28, 2026 · 5 min read
Kuwait’s sovereign ratings remain firmly anchored — S&P at AA-/A-1+ and Moody’s at A1 (both stable, 22 May 2026), Fitch at AA-/stable…
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Energy & Commodities · May 28, 2026 · 4 min read
Brent slipped 0.2% to ~$94.07 and WTI held near $88.68, the US Dollar Index eased 0.29% to 99.02, and gold rebounded ~1.02%…
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Global · May 28, 2026 · 4 min read
US headline PCE inflation rose to 3.8% year-on-year in April 2026 (core +3.3%), real consumer spending grew just 0.1%, the personal saving…
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Energy & Commodities · May 28, 2026 · 5 min read
Global energy investment is set to reach $3.4 trillion in 2026 (+~5% y/y), with oil spending falling below $500 billion for a…
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China · May 28, 2026 · 5 min read
Hong Kong narrowly overtook Switzerland as the world’s largest cross-border wealth booking center in 2025, reaching about $2.95 trillion versus Switzerland’s $2.94…
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Global · May 28, 2026 · 5 min read
Abu Dhabi’s sovereign wealth funds Mubadala and ADIA are raising billions through targeted share sales — including GlobalFoundries, Medline and the INNIO…
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Kuwait · May 27, 2026 · 4 min read
Kuwait consumer spending reached KD 3.31 billion in April 2026, with non-cash channels making up 80.2% of the total as Point of…
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Global · May 27, 2026 · 4 min read
US tariff refunds are entering a major operational phase, with around USD 20.6 billion moving toward disbursal to importers that successfully filed…
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Asian rice prices reportedly surged around 20% in May, as war-related supply chain disruption and worsening weather risks pressured one of the world’s most important food staples and reignited food security concerns across import-dependent economies.
A proposal to issue a $250 US banknote featuring Donald Trump, tied to the 250th anniversary of US independence and linked to H.R. 1761, faces a clear legal barrier: 31 U.S.C. § 5114(b) permits only the portrait of a deceased individual to appear on US currency.
Anthropic has reportedly reached a $965 billion post-money valuation after a $65 billion funding round — up from ~$380 billion in February 2026 — putting it near the $1 trillion mark and ahead of OpenAI in private market value, as investors increasingly treat frontier AI companies as infrastructure platforms.
Kuwait’s sovereign ratings remain firmly anchored — S&P at AA-/A-1+ and Moody’s at A1 (both stable, 22 May 2026), Fitch at AA-/stable — as accumulated sovereign wealth (Moody’s: ~4–5x GDP; Fitch: NFA at 607% of GDP) cushions the impact of the Strait of Hormuz oil-export shock.
Brent slipped 0.2% to ~$94.07 and WTI held near $88.68, the US Dollar Index eased 0.29% to 99.02, and gold rebounded ~1.02% to ~$4,501 after reports of a possible 60-day US-Iran ceasefire extension — a cross-asset move that prices cautious relief rather than full normalization.
US headline PCE inflation rose to 3.8% year-on-year in April 2026 (core +3.3%), real consumer spending grew just 0.1%, the personal saving rate fell to 2.6%, and Q1 real GDP was revised down to a 1.6% annualized pace, according to the US Bureau of Economic Analysis.
Global energy investment is set to reach $3.4 trillion in 2026 (+~5% y/y), with oil spending falling below $500 billion for a third year while gas investment rises to a decade-high $330 billion and electricity-related spending nears $1.6 trillion, according to the IEA’s World Energy Investment 2026.
Hong Kong narrowly overtook Switzerland as the world’s largest cross-border wealth booking center in 2025, reaching about $2.95 trillion versus Switzerland’s $2.94 trillion, while Singapore ranked third at $2.1 trillion, according to Boston Consulting Group.
Abu Dhabi’s sovereign wealth funds Mubadala and ADIA are raising billions through targeted share sales — including GlobalFoundries, Medline and the INNIO IPO — while continuing to deploy capital in new deals, according to Bloomberg.
Kuwait consumer spending reached KD 3.31 billion in April 2026, with non-cash channels making up 80.2% of the total as Point of Sale and online payments led activity.