Smoke rises as protesters gather amid evolving anti-government unrest in Mashhad, Razavi Khorasan province, Iran. Social media/via REUTERS |
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Trump and Powell tour the Federal Reserve Board building in Washington, D.C. REUTERS/Kent Nishimura |
- A US Justice Department investigation at the Federal Reserve sharply raised the stakes in a long-running dispute that has put the independence of the world's most powerful central bank openly on the line, investors said.
- Gold broke through $4,600/ounce for the first time, while silver also hit a record high, as investors snapped up safe-haven assets amid heightened geopolitical uncertainties and a criminal probe into Powell.
- Oil prices dipped after Iran said it had "total control" following weekend violence, easing some concerns over supply from the OPEC producer, while investors also weighed efforts to resume oil exports from Venezuela.
- Trump said he might block Exxon Mobil from investing in Venezuela after the oil major's CEO called the country "uninvestable" during a White House meeting last week.
- India and the US will discuss trade issues in their next call, Washington's newly-appointed ambassador to New Delhi, Sergio Gor, said at a time when failure to secure a trade deal has roiled their ties and pushed the rupee to a record low.
- Global smartphone shipments increased by 2% year-on-year in 2025, driven by stronger demand and economic momentum in emerging markets. Apple led the market with a 20% share, the largest among the top five brands.
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Chinese trade negotiator Li Chenggang attends a press conference on the day of US-China talks in Madrid, Spain, September 15, 2025. REUTERS/Louiza Vradi |
When US Treasury Secretary Scott Bessent described China's lead trade negotiator Li Chenggang as "unhinged" for breaching diplomatic niceties shortly before a critical summit in October, he painted a picture of an erratic junior bureaucrat who had "gone rogue." Neither a "wolf warrior" nor a wallflower, Li is a chain-smoking, porcelain-collecting career diplomat with an encyclopedic knowledge of trade law and excellent English who alternates between charm and delivering Beijing's tough messages, sources say. |
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Joe Alwyn, Noah Jupe, Chloe Zhao, Jessie Buckley, Paul Mescal, and Jacobi Jupe pose with the Best Motion Picture - Drama award for "Hamnet". REUTERS/Mario Anzuoni |
Dark comedy "One Battle After Another" and "Hamnet," a story about William Shakespeare's grief over the death of his son, claimed the top prizes on Sunday at the Golden Globes, one of the first major ceremonies in Hollywood's annual awards season. Timothee Chalamet triumphed in one of the most competitive categories, taking the trophy for best male actor in a movie musical or comedy for his role as a professional table tennis player in "Marty Supreme." |
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