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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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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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China · May 26, 2026 · 4 min read
Aluminium prices have surged close to their highest level in four years as markets react to potential production cuts in China, the…
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Kuwait · May 25, 2026 · 2 min read
Central Bank of Kuwait Data Signals Healthy Financial System Amid Sustained Economic Activity KUWAIT — The Central Bank of Kuwait's latest monetary…
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Markets · May 13, 2026 · 2 min read
US equities closed at fresh records, but the market message is more nuanced than the headline suggests. The S&P 500 rose 0.2%…
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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.
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.
Aluminium prices have surged close to their highest level in four years as markets react to potential production cuts in China, the world’s largest producer. Trading at $3,678 per tonne on May 26—up 0.75% on the day—the metal has extended gains of 2.7% over the past month and 48% year on year, reflecting a supply-driven…
Central Bank of Kuwait Data Signals Healthy Financial System Amid Sustained Economic Activity KUWAIT — The Central Bank of Kuwait’s latest monetary and banking indicators for April 2026 reveal a banking sector in solid expansion, with year-on-year growth across key metrics including credit facilities, bank assets, and resident deposits. The data underscores the resilience of…