Rajiv MenonFinance
Trump Signals US Dollar Bans on Chinese Banks over Iran Trade
Washington threatens to cut Chinese lenders from dollar clearing networks weeks before Xi Jinping’s planned bilateral summit with Donald Trump.
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Wei ZhangFinance
Asian Stocks Soar as US Treasury Intervention Calms Bond Market Fears
Asian stock markets experienced a significant rally following the US Treasury’s announcement to increase long-term bond issuance, a move designed to alleviate concerns over surging borrowing costs and provide stability to global financial markets.