Business Briefing: May 31 - United States (5 stories)

Sunday, 31 May 2026 Weekly Business & Finance United States

Here is your Weekly summary for Business & Finance across United States for Mon 25th May - Sun 31st May 2026

Jupiter Asset Management has capitalized on Europe's electrification trend, with its fund outperforming 92% of peers this year by focusing on AI-driven energy stocks. This strategy highlights the growing importance of sustainable investments in a rapidly changing market landscape.

In Taiwan, three brokerages are seeking $1.4 billion in loans, reflecting a surge in demand for financial services amid a booming stock market. This rush for capital underscores the optimism surrounding Taiwan's economic recovery and growth potential.

Global interest rates are on the rise, driven by a significant selloff in the bond market, as noted by economist Gita Gopinath. This trend could have widespread implications for borrowing costs and investment strategies worldwide.

Meanwhile, former Société Générale Chair Lorenzo Bini Smaghi has praised the bank's governance as "best in class" upon his departure, leaving it with a significantly higher share price. In the tech sector, SpaceX has adjusted its IPO valuation downward, while Anthropic has achieved a remarkable $965 billion valuation, surpassing OpenAI for the first time in the competitive AI landscape.

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