Treasury Secretary Scott Bessent’s championing of a Federal Reserve facility Japan can use to boost the yen comes with the benefit of protecting the US bond market from excess sales.
Chinese government bond futures began trading in Hong Kong on Monday, marking authorities’ third attempt to use the hedging tool to further open up the country’s debt market.
China’s manufacturing activity for export-oriented firms unexpectedly slowed in July, according to a private survey, adding to signs of economic weakness.
Adriel Chan, Chairman of Hang Lung Properties, says the recovery in Hong Kong's commercial real estate sector feels "very real." He discusses the industry and the company's outlook exclusively on "Bloomberg: The China Show." (Source: Bloomberg)
What in the World!
Global growth held at 3.0% for 2026 and 3.4% for 2027, broadly unchanged from April cumulatively. The war shock weighs on energy importers; AI-driven demand lifts technology value chain economies
Trade Secrets
Trump is at it again. He’s declaring there is the potential for a peace deal, he said Iran reached out and stated negotiations are set for Monday afternoon. According to several posts, Iran vehemently denied it and chalked it up to market manipulation.
Small Cap Watch: ASX small caps rally as a rush of mining news hits ahead of Diggers & Dealers
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The “sickening” loss of $90 million of Bitcoin from cold storage weighs heavily on sentiment, as the Clarity Act stalls with just five days left to hold a Senate vote.
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The full balance is restricted, while scoped liens and token rights leave its freely usable share undisclosed. The post After 3 reverse stock splits and a $13.5M loss, this real estate firm bet $8M on crypto it may not be allowed to withdraw appeared first on CryptoSlate.
NTT, Toyota lead record year for Japan capex with AI, factory investments