
U.S. to sanction another bank this week to curb Iran transactions
Treasury Secretary Scott Bessent announced that another bank will face sanctions this week as part of efforts to restrict Iran transactions. The campa
Markets, central banks, energy, trade and the cost of living.

Treasury Secretary Scott Bessent announced that another bank will face sanctions this week as part of efforts to restrict Iran transactions. The campa

U.S. Treasury Secretary Scott Bessent characterized recent yen movements as orderly and well-contained. He believes Bank of Japan Governor Kazuo Ueda,

U.S. Treasury Secretary Scott Bessent is using a G20 meeting in Asheville, North Carolina this week to press finance leaders to reduce trade imbalance

US President Trump said oil from a deal with Venezuela will replenish the Strategic Petroleum Reserve, which has fallen to approximately 290 million b

The US Treasury has blocked Banque Misr's UAE branches from accessing dollar transactions due to the bank's Iran dealings. In response, the central ba

Aon is close to acquiring the insurance brokerage USI Insurance from KKR in a deal valued at roughly $17 billion. The transaction would represent a ma

President Donald Trump said the United States will use Venezuelan oil to replenish its strategic petroleum reserves, which he described as 'virtually

Venezuelan interim President Delcy Rodríguez announced a 25-year bilateral oil agreement with the United States covering 17 strategic oilfields. The a

Prime Minister Anwar Ibrahim announced steps to address rising living costs on Sunday, including restoring higher subsidised fuel quotas and increased

Venezuela's interim leader Delcy Rodriguez said the country retains ownership and control of its resources under a new agreement that gives the U.S. m

Interim leader Delcy Rodriguez stated Venezuela maintains ownership and control of its oil resources under a new agreement giving the United States ma

Vietnam became China's biggest durian supplier by volume last year, after officially entering the market following a 2022 trade protocol. Farmers in t

Iranian leaders are acknowledging the economic cost of war with the United States. The president has reported that American sanctions and blockade hav

U.S. Treasury Secretary Scott Bessent cautioned that volatile yen swings could force unwinding of positions, destabilizing global markets and increasi

Jagdishan, chief executive of India's HDFC Bank, will leave the role when his term ends in October after deciding not to seek reappointment. The depar

The 9th Circuit Court of Appeals ruled Kalshi cannot block Nevada oversight of its prediction markets, a decision federal regulators said conflicts wi

Kevin Warsh said Friday that inflation remains too high and interest rates may need to go up in the months ahead, a clearer signal than he had previou

France Assureurs said wildfires that ravaged Gironde, Landes and Var this summer generated about 25,000 claims, in a preliminary estimate that could r

Preliminary tracking data released Friday showed Thursday's vessel transits through the strait dropped from the previous day and undercut the 10-day n

Tokyo is moving to support pipeline routes that would let oil shipments avoid the narrow Gulf chokepoint.

CLP Power and HK Electric both cited geopolitical tensions and volatile international energy markets as households face a summer of unusually frequent

Canadian Prime Minister Mark Carney is drawing public support at home as he takes a combative stance against the new US tariffs.

The move ends an arrangement Luxembourg took over from Ireland a year ago, leaving the future of EU bond issuances unclear.

A mock summary line describing the summit and what changes next.