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According to the Wall Street Journal, U.S. oversight agencies have launched an investigation into a $38 billion procurement plan to convert warehouses into Immigration and Customs Enforcement (ICE) detention centers, spearheaded by Homeland Security

2026-05-13

According to the Wall Street Journal, U.S. oversight agencies have launched an investigation into a $38 billion procurement plan to convert warehouses into Immigration and Customs Enforcement (ICE) detention centers, spearheaded by Homeland Security Secretary Norm.

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2026-05-13

Morgan Stanley raised its 2026 China GDP growth forecast to 4.8% from 4.7%, citing resilient exports driven by AI and green-investment demand. The bank’s economists say China’s supply-chain strength is helping it gain additional global export market

Morgan Stanley raised its 2026 China GDP growth forecast to 4.8% from 4.7%, citing resilient exports driven by AI and green-investment demand. The bank’s economists say China’s supply-chain strength is helping it gain additional global export market share. They also note the economy is relatively insulated from oil-price shocks due to its diversified energy mix and strategic reserves. Robust exports have reduced the need for further stimulus, prompting Morgan Stanley to drop its call for second-half fiscal support and additional monetary easing. The PBOC is instead likely to rely on liquidity injections and targeted credit tools rather than interest-rate cuts.
2026-05-13

ALIBABA - RAPID GROWTH IN MODEL-AS-A-SERVICE BUSINESS WILL HAVE A "VERY POSITIVE IMPACT" ON GROSS PROFIT MARGIN OVER NEXT FEW QUARTERS

ALIBABA - RAPID GROWTH IN MODEL-AS-A-SERVICE BUSINESS WILL HAVE A "VERY POSITIVE IMPACT" ON GROSS PROFIT MARGIN OVER NEXT FEW QUARTERS
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