South Korean Government Advocates 20-Year Profit Return Scheme for US Investments
Central Bank Officials Highlight Inflation Risks Amid Global Economic Concerns
South Korean Lawmakers Raise Concerns Over US Investment Plan
RBNZ Warns Near-Term Inflation May Beat Estimates as Oil Surges
G7 Calls for Houthis to Cease Attacks on Civilian Vessels
EU, Philippines Strike Free-Trade Deal as US Tariffs Spur Diversification
Canada Trade Minister on Seeking Trade Beyond the US
Canada Says India Trade Talks Making ‘Great Headway’
G7 Condemns Houthi Strikes in Yemen and Saudi Arabia
World’s biggest derivatives exchange finally set for $46bn market debut
India’s Oil Buyers May Cut Russia Cargoes As US Risk Rises
RBA Governor Highlights Challenges of Supply Shocks Ahead of Upcoming Meeting
G7 Condemns Iran's Actions as Threats to Global Trade and Economic Stability
New World, ADIA in Talks for HK$3 Billion Hotel Sale to UOL
Alibaba's Qwen Team to Develop New AI Model with Up to 10 Trillion Parameters
Converse pulls ad, apologizes after backlash over alleged KKK imagery, ABC News reports
Alibaba unveils new AI chip, calls it China’s most powerful
New Zealand Dollar Declines Following RBNZ's Rate-Hike Outlook
New Zealand's Economic Recovery Shows Signs of Progress, Says RBNZ Governor
Asian Stocks Rally on AI Optimism, Oil Rises: Markets Wrap
Alibaba plans AI model with 5 trillion to 10 trillion parameters, unveils new chip
Asia stocks rise tracking U.S. tech rally; Trump-Xi meeting eyed
Asia chip stocks soar after Wall Street AI rally; LG jumps on Nvidia cooling nod
Low Expectations for Trump-Xi Meeting Amid Trade Truce Extension
Reserve Bank of New Zealand Governor Emphasizes Inflation Focus Ahead of Policy Decision
South Korea Plans to Acquire Stake in Westinghouse
Why is ZTO Express stock sliding today?
Why is LG Electronics stock surging today?
New Zealand central bank chief sees risks to economy, inflation
Xbox to Implement Job Cuts Amid Game Studio Consolidation
Canadian Dollar Declines to Lowest Level Since Early August Amid US Dollar Strength
India Proprietary Trading Slumps on Auction Liquidity Woes, Trading Curbs
India’s SEBI Taps AI to Police Traders, Fight Market Fraud
AI energy demand accelerates China’s quest for nuclear fusion
Australia’s mid-caps sink 5% as this AI Strategy beats them by 6.7 points
Tesla Establishes Subsidiary in Vietnam to Enter EV Market
How a Bangladeshi garment-maker is fighting the Middle East energy crunch
Chip stocks snap back on multi-billion-dollar AI bet - AI Strategy got in early
RBNZ Governor Warns of Higher Near-Term Inflation Due to Oil Prices
Yuan Midpoint Reaches Strongest Level Since February 2023
Alibaba sells $500 mln ZTO shares- Bloomberg
Asia energy stocks slip as oil clocks protracted losses
Tech rally boosts Asian stocks, dollar firms on rate-hike wagers
AI Demand Drives Growth in Japan's Data Centre Sector, Fitch Ratings Reports
USTR Jamieson Greer Lays the Groundwork for Upcoming Trump-Xi Summit
Bank of Korea to assess inflation, growth for rate hikes, board member says
South Korea's Trade Minister Highlights Benefits of US Investment for Korean Businesses
US to Ground All Iranian Airlines Starting September 23
Hang Seng overbought under 25,343 resistance: Live levels
LG Electronics shares surge 6% after Nvidia qualifies AI cooling unit
China’s Continued Control of Rare Earths Looms Over Trump-Xi Meeting
A Rocket Supply Crunch Is Making It Harder to Hitch a Ride to Space
Asian Stocks Rally as Meta AI Agent Fuels Optimism: Markets Wrap
Google Launches Pre-Orders for New Laptops Featuring Gemini AI
Vietnam’s Top Leader Says US Trade Deal Close
Dimon Backs Chandrasekaran, Warns Tata Rift Could Hit Investment
Factbox-Key issues for this week’s Trump-Xi summit in Washington
Oil Prices Experience Modest Gains Amid Mideast Conflict Diplomacy
EU and Philippines agree on free trade deal
Vietnam's Leader Indicates Potential Signing of US Trade Deal
Gold rises as oil slide eases inflation fears, Trump signals Iran talks
Will India’s central bank be forced to raise rates next month?
OpenAI sued by Canadian province over role in mass shooting
RBA Set to Hike Rates Next Week as Energy Costs Spiral, BE Says
Crypto Market Sentiment Shifts to Greed as Indices Rise
South Korea's Industry Ministry to Discuss Texas Gas Power Plant with Lawmakers
St. Louis Fed President Advocates for Further Interest Rate Hikes to Combat Inflation
Oil edges higher as markets eye U.S.-Iran talks, Saudi flows
Asian Markets Open Higher Following Strong Wall Street Performance
Treasury Secretary Bessent Predicts Decline in Oil Prices
Treasury Secretary Bessent stated in a recent CNBC interview that oil prices are expected to decrease in the near future. He mentioned that discussions surrounding Iran's readiness to negotiate are ongoing, with the President asserting that Iran is not yet prepared to make a deal. Bessent expressed confidence that the 'Operation Outcast' initiative would encourage Iran to engage in negotiations.
During the interview, Bessent highlighted the resilience of the U.S. bond market, noting that it remains the best performing bond market globally. He emphasized the strength of the U.S. bonds, stating that if there were significant issues, investors would be shifting their investments away from U.S. bonds to alternatives. He also mentioned a productive meeting with the chief of the People's Bank of China the previous night.
Bessent pointed out that the current yield on the 10-year U.S. Treasury bond is at levels comparable to when President Trump took office, indicating stability in the bond market despite ongoing economic challenges. He remarked that he does not foresee any changes to the equilibrium price of U.S. bonds in the near future.
Source: KLEA News