BlackRock’s Rick Rieder said stocks still have a ways to fall in a period of uncertainty, but they should be higher at the end of the year.
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BlackRock’s Rieder sees more downside in the short term and is holding more cash than usual
World
Thailand and Cambodia reinforcing troops on disputed border after May skirmish, Thai minister says
A Thai soldier stands guard in the area of Prasat Ta Muen Thom, a disputed border area between Thailand and Cambodia in Surin province, Thailand, on March 5, 2025. Nurphoto | Nurphoto | Getty Images Thailand has reinforced its military presence along a disputed border with Cambodia, following an increase in troops on the other side, Thailand’s […]
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China’s central bank buys gold for seventh straight month in May
Brendon Thorne | Bloomberg | Getty Images China’s central bank added gold to its reserves in May for the seventh straight month, official data from the People’s Bank of China (PBOC) showed on Saturday. Spot prices for gold, often seen as a refuge from economic and geopolitical uncertainty, were steady in May after hitting an all-time high of […]
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World
Japan trade negotiator Akazawa says he made progress in U.S. tariff talks
Ryosei Akazawa, Japan’s economic revitalization minster, speaks to members of the media at the Japanese embassy in Washington, DC, US, on Friday, May 30, 2025. Bloomberg | Bloomberg | Getty Images Japan had made some progress in a fifth round of trade talks with U.S. officials aimed at ending tariffs that are hurting Japan’s economy, […]
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