Is It The Draghi Moment For The World’s Most Powerful Institutions? Endless narratives have inundated social media since the beginning of the year. Nonetheless, the one that stands out and is consistent with the existing Central Bank policy action is “Higher For Longer”. Yes, folks, it was an action-packed week where major Central Banks worldwide announced their policy decisions, and we also got crucial economic data. While the Fed opted for a “hawkish pause”, the ECB hiked rates by 25 bps, PBoC announced “panic” cuts, and the BoJ maintained a status quo. Until now, we saw synchronized monetary policy tightening in the West; however, the paths are now divergent as inflation remains a bigger problem in Europe compared to the US. In the East, PBoC cut rates, albeit by o
After three years, TikTok is once again at a crossroads: "SELL" or "BAN"?TikTok CEO Shou Zi Chew attended a public hearing for the United States House Committee on Energy and Commerce for the first time.Shou Zi Chew is the CEO of TikTok, he was born and raised in Singapore. After completing his military service — mandatory for most male Singaporeans — he left to study economics at University College London (UCL), a top British university, graduating in 2006 and working at investment bank Goldman Sachs for two years.He moved to the United States to get his master’s degree at Harvard Business School and met his wife Vivian Kao. Now, He is a husband, and father, currently residing in Singapore with his wife and two children.The most concerning questions during th