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ECB Governing Council member Simkus downplayed the economic impact of a 25- or even 50-basis-point rate hike during 2026.

2026-05-29

ECB Governing Council member Simkus downplayed the economic impact of a 25- or even 50-basis-point rate hike during 2026.

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2026-05-29

The US Department of Justice has opened an investigation into American Future Republic, a group linked to billionaire Reid Hoffman, after it partially funded writer E. Jean Carroll’s lawsuit against President Trump, a person familiar with the matter

The US Department of Justice has opened an investigation into American Future Republic, a group linked to billionaire Reid Hoffman, after it partially funded writer E. Jean Carroll’s lawsuit against President Trump, a person familiar with the matter said. The probe, led by the U.S. Attorney’s Office in Chicago, is examining possible money laundering and obstruction of justice related to the group’s payment of Carroll’s legal fees in the case in which she accused Trump of sexual assault and defamation and prevailed. Investigators are reviewing whether Carroll gave false testimony in 2022 about the source of the suit’s funding; Carroll is not a target of the probe, the source said.
2026-05-29

Taiwan Weighted Index extended opening gains, rising 2.3% to 44,648.69. TSMC Advanced 3.05%; Hon Hai gained 5.7%.

Taiwan Weighted Index extended opening gains, rising 2.3% to 44,648.69. TSMC Advanced 3.05%; Hon Hai gained 5.7%.
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