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Bessent encourages Japan to let central bank attack inflation

Bessent encourages Japan to let central bank attack inflation

US Treasury Secretary Scott Bessent has called on Tokyo’s new government to provide the Bank of Japan (BoJ) with greater “policy space” to address rising inflation, a move he said previously helped pu...

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Volatility in the Treasury market is low but Powell’s upcoming remarks could change that

Volatility in the Treasury market is low but Powell’s upcoming remarks could change that

Volatility in the Treasury market has dropped to some of its lowest levels in years, bring about a calm sentiment on the floor, but traders are waiting for Federal Reserve Chair Jerome Powell to speak...

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Asia stocks mixed as Fed rate cut looms; Australian shares dragged by hotter inflation

Asia stocks mixed as Fed rate cut looms; Australian shares dragged by hotter inflation

Asia stocks trade mostly rise on Wednesday, tracking gains made overnight by major U.S. indexes, where optimism surrounding artificial intelligence (AI) continued to fuel sentiment, and intense focus ...

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Caterpillar, Cummins expected to see $1.5 billion each in new revenue from selling backup generators to U.S. data centers

Caterpillar, Cummins expected to see $1.5 billion each in new revenue from selling backup generators to U.S. data centers

Stocks of both Caterpillar and Cummins have risen significantly due to the expansion of data centers across the U.S., as investors looking to profit from the AI wave are now buying shares in older man...

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Nvidia jumped 5% and is close to a $5T valuation, lifting the entire stock market to new record highs

Nvidia jumped 5% and is close to a $5T valuation, lifting the entire stock market to new record highs

US stock markets broke new ground Tuesday, with Nvidia dragging the entire market higher after its GTC event in Washington, D.C., where Cryptopolitan reported it dropped a flood of announcements. Nvid...

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US secures $490 billion from Japan, inches toward goal of $550 billion

US secures $490 billion from Japan, inches toward goal of $550 billion

Donald Trump and Sanae Takaichi showed strong chemistry from the moment they met in Tokyo on Tuesday, as the two leaders moved quickly from introductions to signing a rare-earth and trade deal worth h...

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India, China come up on November 21 deadline as Trump's sanctions pressure Russia oil

India, China come up on November 21 deadline as Trump's sanctions pressure Russia oil

Oil companies in India and China are scrambling to respond after President Donald Trump placed sanctions on Russia’s biggest oil producers, creating immediate shockwaves in two countries that have bec...

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EU looks to fix its China headache as ethical questions grow at home

EU looks to fix its China headache as ethical questions grow at home

European Union leaders are working around the clock to resolve a growing trade dispute with China, which has left the bloc caught between Beijing and Washington. The trade tensions began when China im...

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Asia markets edge lower as investors eye central bank rulings despite Wall Street's tech rally

Asia markets edge lower as investors eye central bank rulings despite Wall Street's tech rally

Asia stocks trade in red on Tuesday, that contrasted sharply with the performance of Wall Street, where major indexes notched record highs overnight. That surge was primarily led by strong gains in th...

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The use of stablecoins surged in Argentina over the weekend

The use of stablecoins surged in Argentina over the weekend

Stablecoin use skyrocketed in Argentina over the weekend as citizens concerned about the election results swapped hoards of pesos for U.S. dollar-backed stablecoins. Facundo Werning, the former Tether...

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Mt. Gox pushes creditor repayments back another year

Mt. Gox pushes creditor repayments back another year

The Mt. Gox exchange trustee changed the repayment date, pushing it forward another year. Several groups of creditors have received compensation, but the trustee requested another year to repay any re...

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Asian indexes rise on optimism over U.S.-China trade, Japan's Nikkei touches record high

Asian indexes rise on optimism over U.S.-China trade, Japan's Nikkei touches record high

More on markets The Great China Discount, What's Beneath The Hang Seng Index Chinese AI Is A Grave Threat To American AI MCHI: Capitalizing On Positive China Market Momentum Trump-Xi meeting: What to ...

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