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US stocks: S&P 500, Dow hit record highs on strong AI-linked earnings, Mideast deal hopesWall Street's S&P 500 index reached a new intraday record high on Tuesday. Upbeat artificial intelligence forecasts from Caterpillar and Pa...- US hopeful of Hormuz deal within days as diplomacy with Iran gathers paceThe United States expresses hope for a deal with Iran to reopen the Strait of Hormuz soon. Treasury Secretary Scott Bessent indicated talks...
- US trade deficit contracts in JuneThe United States trade deficit saw a decrease in June. This contraction occurred as imports dropped significantly during the month. Howeve...
- US Treasury Secretary Scott Bessent suggests Federal Reserve should consider raising FIMA liquidity facilityUS Treasury Secretary Scott Bessent suggested increasing a key emergency liquidity facility. This facility helps stabilize the Japanese yen...
- Global Market: US-Japan coordinated yen intervention raises pressure on bears, but BOJ policy holds the keyThe first coordinated US-Japan yen-buying intervention in 15 years has triggered a sharp rebound in the Japanese currency, squeezing bearis...
- Yen holds gains after Japan, US confirm joint intervention, signal more actionJapan and the United States intervened jointly to support the Japanese yen currency. This rare action aimed to prevent further declines and...
- Global Market: Japan, US confirm coordinated yen intervention to stem currency slideJapan's finance ministry confirmed that Tokyo and Washington jointly intervened in currency markets to support the yen for the first time s...
- Japan to announce Tokyo, Washington took joint action on yen: ReportJapan's Finance Minister plans to reveal a cooperation with Washington regarding currency market interventions aimed at arresting the yen's...
- Global Market: Chinese tech stocks surge as AI optimism returns, policy support lifts marketsChinese technology stocks rallied sharply on Friday, mirroring global markets. Investors regained confidence as the artificial intelligence...
- US officials pressed China on rare earths, farm goods commitments, Bessent saysUS officials urged China to honor commitments on rare earths and agricultural products. These discussions occurred before a potential meeti...
- US issues sanctions on support networks for Iran's Mahan Air; India-based sales agent includedThe United States sanctioned six entities and individuals for supporting Mahan Air. These companies acted as general sales agents for the I...
- Trump administration bans new Chinese humanoid robots, to protect US AI buildoutThe United States has banned new Chinese robots and power inverters. These measures aim to protect national security and reshore key indust...
- OpenAI's Sam Altman to meet with Senate Intelligence Committee's top DemocratLast week, OpenAI disclosed that an autonomous agent powered by its advanced AI models breached the systems of AI company Hugging Face duri...
- China accuses US of 'AI hegemonism', threatens countermeasures over potential probesThe ministry said Washington was threatening Chinese companies with punishment based on allegations they used "distillation" to copy advanc...
- Why US' Russia act need not worry IndiaThe proposed US Sanctioning Russia Act, which could impose tariffs on major buyers of Russian oil and gas, may have limited chances of beco...
- Top US tech players back open-weights AI, Nvidia founder Jensen Huang shares letter in debut X postLeading American technology firms have jointly endorsed open-weight artificial intelligence models. They believe this approach is crucial f...
- US Stock Market: US Treasury's growing reliance on short-term bills sparks debate over borrowing risksThe US Treasury is increasing short-term bill issuance to meet rising funding needs. This strategy aims to rebuild government cash balances...
- White House accuses China's Moonshot of stealing Anthropic AIA top White House official on Wednesday accused Chinese AI startup Moonshot AI of covertly copying Anthropic's most advanced model to build...
- US 'watermarks' found on Chinese AI models: Scott Bessent"We are finding watermarks of our US large language models on many of the Chinese models, and that's unacceptable," Bessent said in an in...
- US, China to hold AI talks in SeptemberThe talks would be led on the U.S. side by Treasury Secretary Scott Bessent, four of the sources said. The identity of other participants o...
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