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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