flash-finance

Chinese fuel exporters have canceled some oil-product cargoes slated for export in October, as Asia’s top consumer prioritizes domestic supply during an extended period of upheaval in global energy markets.

The market is acting in ways that make it very hard to get a handle on what exactly is going on right now. The overall indices are surging, while many individual stocks are doing badly. Rates are rising, but the economy is still robust. There’s capex spending and the AI trade. There’s the war in Ira

I spent more than 20 years in U.S. Army air defense, much of it in cramped control stations where the difference between a successful engagement and a catastrophic loss came down to the soldier at the console. The radar did its job. The fire control system did its job. But the responsibility, the we

The shifts in bond investors’ sentiment have created a much more difficult environment for Europe’s governments and companies.

Banks in the US have plenty to celebrate these days, from record profits and higher stock prices to a strong economy and easier regulation. One thing they don’t need is an added discount on their deposit insurance — a crucial buffer that should be reinforced when times are good.

OPEC+ oil producers set to keep output targets steady at Sunday meeting, sources say Reuters

Just months ago, India’s central bank pulled out all the stops to draw in dollars to bolster its foreign-exchange reserves and defend the rupee. The stronger-than-expected deluge of cash is now adding to the case for a more hawkish monetary policy stance.

Australia’s central bank has downplayed concerns about the recent collapse of a large property developer, arguing that the company and its lenders in the private credit sector do not represent a system-wide financial stability risk.

Micron reports earnings tonight, and the PCE price index for August came in cooler than expected.

Both stocks have pulled back this month, but our reasons for owning them have not changed.