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Home > Latest

Lates News

date
06/04/2026
European Central Bank's Stournaras: The appropriate monetary policy response for the Eurozone will depend on the size and nature of the energy shock.
Latest
1 m ago
Citigroup lowered AMD's target stock price from $260 to $248.
2 m ago
During the Qingming holiday, Shanghai received a total of over 7.39 million tourists, a year-on-year increase of 5.64%.
5 m ago
Jingyan Technology: The main areas of development in liquid cooling business are servers, energy storage, and also the layout in the direction of chips and base stations.
6 m ago
JP Morgan CEO Jamie Dimon stated that the $1.8 trillion private credit market is relatively small. However, he warned that once the credit cycle weakens, all leveraged loans' losses will exceed expectations because credit standards have been significantly weakened. Private credit also often lacks high transparency or strict valuation loans, which increases the possibility of investors selling off when they believe the environment will deteriorate. Dimon also harshly criticized the revisions proposed by US bank regulatory agencies last month, condemning certain aspects as "completely nonsensical." JP Morgan is one of the banks striving to downplay the Basel III and GSIB (Global Systemically Important Bank Surcharge Rule) drafts scheduled for 2023. However, Dimon stated on Monday that these proposals are still "full of holes," adding that JP Morgan's Global Systemically Important Bank Surcharge (additional capital required for such banks) will only decrease to 5.0%, which he believes is a punishment for its success and is "ridiculous" and "un-American."
8 m ago
Jamie Dimon, CEO of JPMorgan Chase, warned on Monday that the possibility of a war in Iran could bring about risks of oil and commodity price shocks, leading to sustained inflation and interest rates higher than current market expectations. This warning was included in the annual letter to shareholders. Dimon said, "The challenges we face are enormous." He mentioned geopolitical risks such as the Russia-Ukraine conflict and wider hostilities in the Middle East. "Now, with the possibility of a war in Iran, we face the potential for continued significant volatility in oil and commodity prices, as well as a reshaping of global supply chains that could result in stubborn inflation and ultimately higher interest rates than current market expectations," Dimon said. He added that time will tell whether a war in Iran achieves America's goals, and he emphasized that nuclear proliferation remains the biggest danger from Iran. Dimon also stated that the US economy continues to show resilience, with consumers still earning and spending despite recent softening, and businesses remaining healthy. However, he cautioned that substantial government deficit spending and past stimulus policies have driven economic growth, and increasing infrastructure spending is an increasingly growing need.
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