#global-markets

#global-markets

Global stock markets fell sharply and gold hit a record high after two US regional banks said they had been exposed to millions of dollars of bad loans and alleged fraud. Signs of credit stress rattled markets across Europe and Asia. In London the FTSE 100 fell 1.5%, Germany's Dax fell 2%, the Ibex in Spain was off 0.8% and France's Cac 40 dropped 1.5%, before recovering some ground.

Rarely does a 29-page scholarly paper merit the attention of top-level executives, but every business leader should be familiar with a recent study from OpenAI. It's the best description yet of how AI can handle real-world tasks, showing which AI models are excelling, and hinting at what it all means for humans in the years ahead. The paper can be heavy going, but you can get a masterful summary from our AI Editor, Jeremy Kahn.

Brand executives clearly sense a more unpredictable and volatile market. They are being asked to manage risk while also delivering on growth objectives.

The two countries have agreed to a new trade consultation mechanism, suggesting a warming in relations as tensions eased after recent tariffs.

Germany's extreme fiscal conservatism, criticized in the past, is now rewarded as investors flock to safe-haven assets like bunds amidst global market turmoil.

Realme is set to launch the GT7 in China on April 23, featuring a Dimensity 9400+ SoC and a 7,000 mAh battery with 100W fast charging.