Key News
1. US ADP employment increased by 62,000 in March, below the expected increase of 40,000 and the previous month's increase of 63,000.
2. US President Trump posted on social media today claiming that the president of Iran's new regime has requested a ceasefire.
3. US President Trump stated that he is "seriously considering" withdrawing the US from NATO.
4. The US Treasury Department expects oil prices to remain above $100 per barrel for some time and is discussing the possibility of oil prices reaching $150 per barrel.
5. Iranian Deputy Speaker: The Supreme Leader has not yet approved any negotiations.
6. Putin: Global oil and gas supply faces challenges, and Russia can provide "solutions."
Stock News
1. TSMC (TSM.N) plans to start mass production of 3nm chips in Japan in 2028.
2. Nike (NKE.N) fell more than 12% in pre-market trading after the company unexpectedly lowered its fourth-quarter sales forecast.
3. Faraday Future (FFIE.O): Net assets expected to turn positive in 2025; plans to ship over 1,000 robots by 2026.
4. WeRide (WRD.O) and Grab officially launched Singapore's first autonomous public transportation service in Punggol.
5. Elon Musk: FSD version 14.3 is currently being tested by Tesla (TSLA.O) employees and is expected to be widely released to the public this weekend; he also announced that Tesla is officially discontinuing production of the Model S and Model X.
6. Baidu (BIDU.O): LuoBo Express launched its driverless ride-hailing service in Dubai.
