Markets
- Bessent says Powell attending Supreme Court arguments on Lisa Cook is a mistake - CNBC reported that Powell plans to be present for oral arguments in a case that challenges Trump's power to remove governor Lisa Cook.
- French drinks giants sell off after Trump threatens 200% tariffs; European stocks fall - European stocks are expected to open in negative territory on Tuesday as the specter of fresh trade tariffs lingers, hurting market sentiment.
- Japan's 40-year bond yield hits 4% record on fiscal jitters following election call - Japan's government 40-year government bond yields notched a record high on Tuesday amid a broader selloff in Japanese government bonds.
- China keeps benchmark lending rates unchanged despite slowing economic growth - China's central bank held its loan prime rates unchanged as the authorities sought to bolster the economy with targeted monetary easing steps.
- No fear of 'cockroaches'? Private credit funds raise billions as investors look past warnings - Investor appetite for private credit remains undeterred even as warnings mount over looser documentation and rising pockets of borrower stress.
- China's stock market 'overheats' amid record high turnover, and regulators are getting worried - China's stock market rally is drawing closer regulatory scrutiny after trading activity surged to unprecedented levels.
- Here are the 3 big things we're watching in the stock market in the week ahead - The earnings calendar is filled with industry bellwethers ranging from 3M to GE Aerospace.
- Venezuela shows how locals turn to Tether-issued USDT stablecoin as governments wobble - Locals in Venezuela, as well as others living under unstable regimes, are turning to USDT as protection from political and economic uncertainties.
- Alibaba-backed startup Moonshot AI's valuation is up $500 million, sources say, after its rivals IPO in Hong Kong - Investors are valuing the startup at $4.8 billion as it is about to close another funding round, according to two people familiar with the matter.
- Gold and silver surge to fresh highs as investors digest Trump's push for Greenland and flock to safer assets - U.S. gold and silver futures peaked on Monday as investors flock to safe-haven assets.