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U.S. TREASURY DEPARTMENT
US Treasury yields fall as oil retreats on Iran deal hopes, Fed hike bets easeOn Tuesday, US Treasury yields saw a decline following a sharp drop in oil prices. As optimism regarding a resolution to the Iran conflict ...
Iran, Oman near Hormuz reopening deal as talks advanceIran and Oman are making progress on a deal to reopen the Strait of Hormuz. This potential agreement involves shared control and service fe...
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 Stock Market: Treasury sees higher Q3 borrowing needs as cash flow outlook weakensThe US Treasury anticipates borrowing $739 billion in the third quarter. This borrowing estimate reflects lower cash flows and a stronger o...
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...
South Korea’s Kospi index jumps more than 16% on a surge of chipmaking stocksSouth Korea's Kospi index saw a significant jump, mirroring Wall Street's positive performance. AI-related stocks experienced a strong rebo...
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...
Yen records biggest weekly drop in over two months, dollar climbs for the weekThe dollar is set for its biggest weekly gain, buoyed by rising oil prices. The Japanese yen is poised for its largest weekly decline, lang...
Yen heads for biggest weekly drop since May despite Tokyo's support pledgesThe Japanese yen is experiencing a dramatic drop, marking its most significant weekly decline since May. The currency has hit 40-year lows ...
Global Market: US urges BOJ to keep raising rates, flags persistent yen weakness despite narrower yield gapThe US Treasury Department has urged the Bank of Japan to continue raising interest rates. This action aims to control inflation expectatio...
Dollar rides yield surge as Middle East and trade wars raise inflation stakesThe dollar strengthened against major currencies on Friday. Rising oil prices and new trade tariffs fueled inflation concerns globally. U.S...
Shorter-dated US Treasury yields ease in line with lower oil priceTreasury yields decreased as optimism about diplomacy led to a decline in oil prices, reducing inflation expectations that dropped below th...
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...
US Mint produces a $1 coin bearing Trump's face to help celebrate America's 250th birthdayThe U.S. Mint is producing a new $1 coin featuring Donald Trump's likeness. This commemorative coin will be released in the fall to mark Am...
Global Market: Foreign investors add $132 billion to US securities in May as equity demand stays strongAccording to Reuters, the Treasury's monthly Treasury International Capital (TIC) report showed that net long-term purchases by foreign inv...