US Drafts Ban on China Data Center Components, Reuters Says

Aug 4, 2026 | Markets

The Federal Communications Commission is drafting a ban on imports of some Chinese data center components to protect US data center infrastructure, Reuters reported. The proposed ban aims to prevent Chinese firms from installing malware or stealing data from the data...

Bessent Says Yen Level Problem for Japan, Other Currencies

Aug 4, 2026 | Markets

Treasury Secretary Scott Bessent said the weakness of the yen has contributed to Japan’s inflation problem and raised the risk of broader depreciation of Asian currencies as he reiterated US support for efforts to stabilize the situation. “It’s just the level of the...

Aramco Sees Oil Refineries Running Flat Out as Buffers Run Thin

Aug 4, 2026 | Markets

Refineries outside of conflict zones are running at full tilt across the world and there are few shock absorbers left in the system to protect against higher fuel prices, the world’s biggest oil company Saudi Aramco said. A combination of war in the Middle East and...

Citi Says Japan Has Yen Defense Tools Beyond Treasury Sales

Aug 4, 2026 | Markets

Japan has alternative tools to defend the yen without liquidating its more than $1.1 trillion US Treasury portfolio, according to Citigroup Inc. Authorities can draw on the Federal Reserve’s Foreign and International Monetary Authorities Repo Facility, Citi...

Treasuries Climb to Start Week on Oil, Bessent’s Yen Pledge

Aug 3, 2026 | Markets

Treasuries are starting the week on an optimistic note, buoyed by tumbling oil prices and assurances that tens of billions of dollars in Japanese currency interventions won’t be funded from sales of US government debt. The rise on Monday pushed the yields on 10-year...