Financial Highlights from the Recent Week You Should Know About:
- MARKETS: US-Iran War Causes Huge Outflows from Asian Markets
As US-Iran war continues, the strangling of energy flow to Asian markets is also strangling the the flow of investment capital into Asian markets.
Asian stocks saw massive outflow of capital so far in March as the energy crisis in Asia continues to build. - INVESTMENT BANKING: Manus’ Founders Thought They Had a Smart Exit, But China Said “Hold on…”
The founders of Manus, an agentic AI software startup, thought they were smart moving the company to Singapore to facilitate a sale to Meta (and attract more Western interest from investors).
However, China was quick to catch on and said: “Hold on there…” and is currently blocking the sale to verify if any laws were broken in facilitating the sale to Meta. - CAPITAL MARKETS: US-Iran War Distresses Dubai Debt
The US-Iran war is also causing massive concerns and distressing Dubai’s real estate debt as valuations plummet due to the conflict in the region.
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