UK Gilt Yields Near 30-Year Highs As Political/Geopolitical Fears Spark Trussian Chaos

Chinese Hackers Spied On Cuban Embassy As Trump Ramped Up Blockade Threats In a story which hearkens back to bygone Cold War years, fresh reports say that Chinese hackers breached and spied on the American Embassy in Cuba at a moment President Trump threatened a US naval blockade, similar to what was in place just before the overthrow by US military intervention of Venezuela's Nicolás Maduro According to the findings from the cyber firm Gambit Security, cited in a Bloomberg report, "The campaign began in January and compromised the emails of 68...

Texas Instruments Jumps Most Since Dot-Com On Upgraded Outlook; Goldman Sees Analog Recovery Shares of Texas Instruments jumped the most since the Dot-Com bubble era after the chipmaker issued a stronger-than-expected second-quarter forecast, signaling that demand is rebounding across industrial markets and data centers. Goldman analysts told clients the guidance suggests the "analog recovery is continuing."  Revenue guidance of $5 billion to $5.4 billion and profit guidance of $1.77 to $2.05 a share both came in well above the Bloomberg Consensus estimate of estimate $4.85 billion, while first-quarter results also...

South Korean officials said Seoul is discussing what role the country could play in efforts to secure navigation through the Strait of Hormuz. So far, South Korea has refused to participate in the US war against Iran, drawing President Donald Trump’s ire.  First Vice Foreign Minister Park Yoon-joo told the National Assembly, “The government is […]