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Billionaire Gautam Adani’s group firms settled one of the probes into a US short-seller’s accusations, further easing regulatory overhang for the ports-to-power conglomerate.

FORM 8.3

FORM 8.3

On today’s Big Take podcast, we discuss the mounting price tag of the US naval blockade in the Strait of Hormuz and the opportunity costs of a protracted conflict. (Source: Bloomberg)

Pacific Investment Management Co.’s chief investment officer says long-term US Treasury yields above 5% are leading the firm to trim back its underweight position on the debt.

Federal Reserve Bank of New York President John Williams said the shift to central clearing for US Treasuries and Treasury-collateralized repurchase agreements was ahead of schedule.

The post Yevgeniya Gaber comments on the Black Sea security architecture, saying closer coordination among the region’s NATO members are all the more important appeared first on Atlantic Council.

G7 foreign ministers call on Iran to stop arming Houthis Reuters

Alibaba deepens AI push with new chip, bigger model; shares jump 5% Reuters

Copper advanced for a sixth day toward a record as falling inventories and pre-holiday buying signaled tightening supplies in China’s physical market.