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SCOTT BESSENT
Global Market: China, Hong Kong stocks rise as investors await Trump-Xi meetingChina and Hong Kong stocks rose on Monday led by technology, healthcare, and property shares. Investors parsed high-level talks between US ...- China and the US are competing for AI dominance but have shared concerns over safetyOn Sunday, U.S. Treasury Secretary Scott Bessent said after talks in New York with Chinese Vice Premier He Lifeng ahead of the meeting betw...
- US seeks 'AI dialogue' with China as officials set stage for Trump-Xi summitUS and Chinese officials met to discuss creating an AI communication channel. This meeting sets the stage for a summit between Presidents T...
- US proposes AI incident alert system in talks with China, says Scott BessentThe United States has proposed a new AI incident notification mechanism. This proposal aims to enhance transparency between the two leading...
- Global Market Today: Asian stocks edge higher, oil extends lossesMSCI’s Asia Pacific equities gauge advanced 0.2% with Japan shut for a public holiday. S&P 500 futures rose 0.3% after the underlying gauge...
- US, China open final trade talks in New York to keep tariff truce alive ahead of Trump-Xi summitUS Treasury Secretary Scott Bessent and China's Vice Premier He Lifeng will meet Sunday in New York. They will discuss trade and other pres...
- US, China to hold final tariff talks ahead of expected Xi-Trump summitTop US and Chinese negotiators will meet in Washington for final preparatory talks. Discussions will focus on economic and trade issues, in...
- How Bessent, America's bond salesman, cornered Japan on big spendingIn a significant dialogue, US Treasury Secretary Bessent encouraged Japan to implement reforms in its fiscal and monetary policies. Aiming ...
- US Treasury secretary Scott Bessent says rising bond yields due to 'global issues'US Treasury Secretary Scott Bessent emphasized global challenges as the backdrop for increasing bond yields during his comments to reporter...
- Bessent dares traders to bet against Yen: ‘I am the house now’In a provocative statement, Treasury Secretary Scott Bessent has urged traders to reassess their approach to the Japanese yen, indicating t...
- Scott Bessent: Can use US balance sheet for foreign policyUS Treasury Secretary Scott Bessent elaborated on leveraging financial mechanisms to achieve foreign policy objectives. He argued that this...
- US Treasury Secretary Scott Bessent sees crude oil as low as $40 post-Iran war, lower bond yieldsTreasury Secretary Scott Bessent anticipates oil prices will fall significantly after the Iran conflict concludes. He expects crude oil to ...
- Iranian air, water and virtual assets on Washington's hit listBessent, asked about Russian support for Iran in an interview on Fox News following a G20 gathering in North Carolina this week, also warne...
- Indian firms invest $40 billion in US, support 70,000 jobs: US EmbassyUS Treasury Secretary Scott Bessent met Indian Finance Minister Nirmala Sitharaman recently. This meeting occurred during the G20 Finance M...
- Bessent says 19 finance ministers agreed 'cheap exports' are unsustainable, but China dissentedTreasury Secretary Scott Bessent stated nineteen G20 members agreed to address cheap exports. China dissented from this agreement, which ai...
- Hormuz will be bypassed in two years: Scott BessentThe Treasury department has taken a more central role in recent weeks in the conflict, with Bessent announcing plans last week to expand sa...
- India, US commit to deepen relationship in critical minerals, other areasIn a significant move, India and the US have vowed to bolster their bilateral relationship, particularly in critical minerals supply chains...
- FM Sitharaman invites Scott Bessent to New Delhi, commits to deepen India-US ties on critical mineralsIndia's Finance Minister and the US Treasury Secretary met to strengthen bilateral ties. They committed to deepening cooperation across sev...
- US bond yields reflect 'flat to down' inflation expectations, stronger growth, Bessent saysDuring a finance leaders' gathering in Asheville, US Treasury Secretary Scott Bessent emphasized the significance of recent economic indica...
- Scott Bessent huddles with G20 to try to rally allies on Iran as tariffs strain tiesUS Treasury Secretary Scott Bessent is meeting with global finance ministers in Asheville this week. He aims to focus discussions on econom...
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