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U.S. Treasury Secretary Bessenter: By the end of Trump's term, the deficit as a percentage of GDP could fall below 4%.

2026-06-24

U.S. Treasury Secretary Bessenter: By the end of Trump's term, the deficit as a percentage of GDP could fall below 4%.

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2026-06-24

Multiple private fund firms said they began receiving notices from cooperating broker-dealers on the evening of June 23 that Chinese regulators have ordered a suspension on increases to managers' cross-border total return swap (TRS) capacity. The ins

Multiple private fund firms said they began receiving notices from cooperating broker-dealers on the evening of June 23 that Chinese regulators have ordered a suspension on increases to managers' cross-border total return swap (TRS) capacity. The instruction has prompted firms that use cross-border TRS to access overseas markets to reassess strategies; sources said existing positions are largely unaffected for now but new allocations cannot be expanded, and some products face sell-only, no-replacement constraints. No formal regulatory notice has been published to date.
2026-06-24

Iranian President: Relations with Pakistan are based on mutual respect.

Iranian President: Relations with Pakistan are based on mutual respect.
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