Markets
- Gold jumps over 3% to fresh highs as Asia stock markets trade mixed after U.S. Fed holds rates - The bullion rose more than 3% on Thursday to breach the $5,500 per ounce mark for the first time.
- Fed holds key interest rate steady as economic view improves - The Federal Reserve on Wednesday released its decision on interest rates.
- U.S. dollar rebounds after Bessent shuts down report of potential yen intervention - Treasury Secretary Scott Bessent shut down reports that the U.S. may step into the currency market.
- Oil prices stable after Trump says a 'massive Armada is heading to Iran' - U.S. Central Command said Monday that the Abraham Lincoln Carrier Strike Group had arrived in the Middle East.
- Department of Energy to announce new efforts to boost nuclear fuel supply chain - The Department of Energy will announce an initiative to build out the nation's nuclear fuel supply chain as interest in the emissions-free power source grows.
- Chip stocks rally after bumper earnings and a report of a game-changing China approval for Nvidia - Reuters reported that China has approved sales of Nvidia's H200, sending the AI chip giant's shares higher in premarket trade.
- Mining stocks have been on a tear, with gold passing $5,000. Analysts are split on what's next - Appetite for mining stocks has cooled over the past six months, according to a Citi note.
- Airbus, AstraZeneca and HSBC executives join UK's Starmer on high-stakes China trip - Executives from Airbus, AstraZeneca and HSBC are joining Prime Minister Keir Starmer on a rare China visit, highlighting the business focus of the trip amid strained global trade relations.
- One year after DeepSeek, Chinese AI firms from Alibaba to Moonshot race to release new models - Chinese companies are releasing new AI models and striving to gain an edge in the AI application race as the country's biggest holiday of the year nears.
- Dollar suffers worst one-day slide since last April after Trump says currency hasn't fallen too low - The dollar dropped about 1.3% on Tuesday.