News

Glonghui, April 16 | The stock trading division of a certain exchange set a record, with intensified market volatility driving the bank’s profit to its highest level in nearly twenty years. The company stated in a report on Wednesday that first-quarter stock trading revenue increased by 30% to $2.8 billion, exceeding expectations, while fixed income trading business revenue grew by less than 1% to $3.5 billion, falling short of analysts’ consensus forecasts. The bank also raised its full-year net interest income expectations, citing shifted forecasts for Federal Reserve rate cuts, alongside assumptions of continued growth in loans and deposits.

BlockBeats News, April 16th, according to The Wall Street Journal , the downstream industry development executive of Iran's petrochemical sector announced that Iran has suspended all petrochemical product exports until further notice. Earlier, on April 6th, Iranian officials stated that two petrochemical plant facilities in the South Pars region were hit by enemy airstrikes.

A source revealed that the company is marketing notes in as many as four tranches, with maturities ranging from 4 to 11 years. The tranche with the longest maturity is planned to be issued at a spread of about 125 basis points over US Treasury bonds. The funds raised this time will be used for general corporate purposes. Since the beginning of 2025, each of the four bond issuances conducted by Morgan Stanley after its earnings reports has been split into four tranches, raising $8 billion each time.