Jan 23, 2026 | Markets
China opened the door for further yuan gains, as the central bank strengthened the daily reference rate by the most since August, pushing it past a closely watched level. The People’s Bank of China set the so-called fixing at 6.9929 per dollar on Friday, compared with...
Jan 22, 2026 | Markets
The Gulf is fast emerging as part of China’s next big financial play, with years of diplomatic overtures now translating into hard cash. Chinese banks’ lending to the region jumped nearly three-fold to a record $15.7 billion in 2025, excluding bilateral loans, with...
Jan 22, 2026 | Markets
India’s holdings of US Treasuries have fallen to a five-year low as the nation pushes to support its currency and diversify its reserves, joining a broader shift by some major economies out of the world’s biggest bond market. The country’s holdings of long-term US...
Jan 22, 2026 | Markets
Artificial intelligence pioneer Fei-Fei Li has had discussions with investors to raise hundreds of millions in funding for her startup, World Labs, at a valuation of about $5 billion, according to people familiar with the discussion. The new valuation would be a leap...
Jan 21, 2026 | Markets
Citadel’s Ken Griffin said heavy selling of Japanese government bonds this week should serve as an “explicit warning” to US politicians to improve the nation’s finances. “The bond vigilantes can come out and extract their price,” Griffin told Bloomberg Television at...