Philippine fast-food giant Jollibee picks Hong Kong over New York for spin-off listing

BlackRock: $2.1T in GCC Capex By End of Decade

BlackRock Investment Institute’s Ben Powell says the Middle East conflict is likely to accelerate the GCC’s push toward economic resilience, diversification and greater self-reliance. He told Horizons Middle East and Africa he expects more regional capital to be deployed domestically, with investment spanning infrastructure, AI, energy and security as Gulf states seek to reduce their exposure to strategic choke points while still generating attractive returns.

Major: Treasury Market Is Functioning Normally

Tradition Dubai Global Macro Advisor Steven Major says the global bond selloff is being driven largely by shifting interest-rate expectations rather than dysfunction or fiscal stress in the US Treasury market. He joined Horizons Middle East and Africa and discussed how persistently high oil prices could force further central-bank tightening, the risks to the dollar if the US economy cools, and why geopolitical anxiety has become a “new normal” for markets.

Chinese carmakers eye full hybrid market; BYD posts US$1.2 billion profit: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. After gaining EV sway, Chinese carmakers eye full hybrid market Chinese carmakers, already at the vanguard of electric vehicle (EV) technology and production, are looking to make a dent in international marques’ full-hybrid vehicle stronghold as they continue to disrupt the global car...

JPMorgan Says Yields at 5% to 5.25% Pose Risk to Stocks (Video)