The possibility of a US-China war is becoming more and more real, with both sides ramping up preparations for conflict. While the US looks to the cold war as a model for stabilising relations, Beijing sees it as an attempt to institutionalise illegitimate military operations. Dialogue and deterrence are being pursued, but the risk of action and reaction leading to direct conflict is growing. #USChinaWar #ColdWar #Dialogue #Deterrence #ConflictRisk

Credit Suisse reports $68.6bn outflows in Q1 2016 as clients flee, highlighting the challenge for UBS after takeover. #banking #finance

The collapse of Silicon Valley Bank has exposed the dangers of ignoring warning signs in the banking industry. Regulators and insiders must take responsibility for their mis-steps and work to prevent future crises. #SVB #banking #regulation

US asks South Korea to urge chipmakers not to fill any market gap in China if Beijing bans Micron from selling chips, as it tries to rally allies to counter Chinese economic coercion. #Micron #China #SouthKorea #Samsung #SKHynix #economiccoercion

Fox News loses one of its biggest stars as Tucker Carlson departs amidst shake-up and defamation lawsuit settlement. Private messages and criticism of management cited as reasons for departure. Shares in Fox drop over 4%. #TuckerCarlson #FoxNews #DefamationLawsuit

Xpeng predicts global car industry to shrink to just 10 companies in the next decade. Chinese carmakers must have annual sales of 3 million vehicles to survive. As China overtakes Japan as the world's biggest car exporter, low-cost carmakers face collapse. #EV #China #GlobalMarket

First Republic Bank faces a tough road ahead as customers withdrew over $100bn of deposits last month, causing shares to plummet by almost 30%. The bank plans to cut 25% of its workforce and pursue strategic options to expedite progress. #FirstRepublicBank #banking #finance