The New Taiwan dollar has surged, life insurance has become a major risk, and there is a large-scale mismatch of dollar Assets.

The life insurance industry in Taiwan, China, has long invested a large amount of Assets in US Bonds, and in order to maintain the yield, it only partially hedges its continuously expanding Forex risk exposure, effectively betting its solvency on the New Taiwan Dollar remaining weak against the US Dollar. As the New Taiwan Dollar surges, life insurance companies in Taiwan, China, are rushed to reduce or hedge their dollar exposure.

wallstreetcn20:58 ET

CBO Director: Still expects the USA debt ceiling "X day" to arrive at the end of summer.

When asked about the potential "X-Date", PHILLIP MM US$D indicated that it is still expected to occur in late summer.

Zhitong Finance19:15 ET

Treasury Yields, Dollar Boosted by Stronger-Than-Expected Services PMI -- Market Talk

WSJMay 5 10:39 ET

The most profitable investment Buffett made in his life came from the "changes" in the last ten years of his career.

Buffett stated that the wealth created for Berkshire by Apple's CEO Cook far exceeds his own. Previously, Buffett had consistently avoided technology stocks until he made an exception and invested in Apple in 2016, resulting in significant returns for Berkshire.

wallstreetcnMay 3 22:00 ET

Japan's $1T U.S. Treasury Holdings Could Be a Bargaining Chip in Trade Talks

Seeking AlphaMay 2 03:58 ET

Trump has criticized Powell again, this time without naming him.

A week after claiming he had no intention of firing Powell, Trump again publicly criticized the Federal Reserve, stating, "We have a Federal Reserve that is not performing well," and believes he understands interest rates "better than he does."

wallstreetcnApr 29 20:29 ET