(Reuters) -China’s central bank has asked some financial institutions about their views on recent U.S. dollar weakness, people with knowledge of the matter said. In the survey conducted last week, the People’s Bank of China (3988.HK) asked questions related to the U.S. dollar’s movements and the causes of its recent weakness and outlook for the…
By Florence Tan and Sam Li SINGAPORE (Reuters) -Oil prices slipped on Monday after OPEC+ surprised markets by hiking output more than expected in August, while uncertainty over U.S. tariffs and their potential impact on global economic growth weighed on demand expectations. Brent crude futures fell 47 cents, or 0.69%, to $67.83 a barrel by…
(Reuters) -Israel has decided to send a delegation to Qatar for talks on a possible Gaza hostage and ceasefire deal, an Israeli official said, reviving hopes of a breakthrough in negotiations to end the almost 21-month war. Palestinian group Hamas said on Friday it had responded to a U.S.-backed Gaza ceasefire proposal in a “positive…
(Bloomberg) — President Donald Trump’s administration plans to restrict shipments of AI chips from the likes of Nvidia Corp. to Malaysia and Thailand, part of an effort to crack down on suspected semiconductor smuggling into China. Most Read from Bloomberg Invest in Gold Powered by Money.com – Yahoo may earn commission from the links above….
Nextracker is Thursday’s IBD Stock Of The Day, with the solar stock in a buy zone as President Donald Trump’s “Big Beautiful Bill,” which broadly includes support for the fossil fuel industry while doing away with renewable energy incentives, faces a House vote ahead of a July 4 deadline set by the president. Source link
(Bloomberg) — Oil fell after its biggest gain in almost two weeks, with traders monitoring trade talks between the US and its partners and this weekend’s OPEC+ meeting. Most Read from Bloomberg Brent traded near $69 a barrel after surging by 3% on Wednesday, with West Texas Intermediate above $67. President Donald Trump said he…
Elon Musk has returned to bashing the GOP budget bill in recent days, and in doing so, has reignited his fight with President Donald Trump. In one long-time investor’s view, it’s bound to create even more challenges for the company, which just reported another quarter of weak vehicle deliveries. Ross Gerber, the CEO of Gerber-Kawasaki…
KYIV, Ukraine (AP) — Ukraine is forging ahead with embryonic plans for joint weapons production with some of its international allies, top officials said, while the U.S. announced it was halting some arms shipments promised to help Ukraine fight off Russia. Those plans come at what appears to be a key point in the all-out…
Elon Musk ramped up his fight against President Donald Trump’s Big Beautiful Bill on Monday, vowing to form a new political party if it passes Congress. “If this insane spending bill passes, the America Party will be formed the next day,” Musk said in a post on X. “Our country needs an alternative to the…
A sitting U.S. congressman in Tennessee has sent a formal request to U.S. Attorney General Pam Bondi that Zohran Mamdani be stripped of his American citizenship and deported. In a saner world, Rep. Andy Ogles would be run out of office at the earliest possible opportunity for abusing his power in the most un-American way…