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Bessent dares traders to bet against yen: ‘I am the house now’

U.S. Treasury Secretary Scott Bessent has said that when he makes market calls these days, he's effectively doing so with inside information.

Sep 09, 2026 · Staff
Originally on Wedgetail
News
India's Business Empires Face a Succession Problem

India is approaching one of the world’s biggest wealth transfers. But passing on billions to heirs is only part of the challenge. Advait Palepu explai...

Sep 09, 2026 · Staff
Originally on Wedgetail
News
Yen Rally Erodes Japan Corporate Buffers, Raises Earnings Risks

Investors may start shifting focus to domestic demand-reliant stocks that are poised to benefit from a strong currency after a surge in the yen took t...

Sep 09, 2026 · Staff
Originally on Wedgetail
News
Metals Fall From Record High in London as Mideast Tensions Flare

Industrial metals retreated as escalating hostilities in the Middle East underscored lingering headwinds, after a key gauge of prices on the London Me...

Sep 09, 2026 · Staff
Originally on Wedgetail
News
China’s factory-gate price growth picks up in August as Iran war fuels energy volatility

China’s factory-gate price growth accelerated in August, while consumer inflation picked up again, amid volatile energy and commodity costs linked to ...

Sep 09, 2026 · Staff
Originally on Wedgetail
News
Gaon Cable makes Canadian debut with utility deal

Gaon Cable has entered Canada’s power infrastructure market for the first time, extending its North American business beyond private industrial projec...

Sep 09, 2026 · Staff
Originally on Wedgetail
News
JPMorgan, Jane Street Probes Show India Scrutinizing Wall Street

India is ramping up scrutiny of Wall Street traders with the nation’s securities regulator turning more aggressive in targeting even prominent foreign...

Sep 09, 2026 · Staff
Originally on Wedgetail
News
Japan’s Retail Traders Add to Yen Shorts as Currency Rallies

Japanese retail investors are betting against the yen’s sharp rally, adding to bearish wagers even as the currency climbs to its strongest levels in m...

Sep 09, 2026 · Staff
Originally on Wedgetail
News
Oman’s No 2 bank Sohar International to open representative office in Hong Kong this week

Sohar International Bank, Oman’s second-largest bank by total assets, will open a local representative office in Hong Kong this week, according to sou...

Sep 09, 2026 · Staff
Originally on Wedgetail
News
From Nike to Starbucks, tariff relief for stocks is fleeting

For some of the hardest-hit companies, the share price benefits pale in comparison with the massive losses they suffered on Liberation Day.

Sep 09, 2026 · Staff
Originally on Wedgetail
News
How Asia’s ultra-rich are investing and where wealthy Chinese are migrating, according to Maybank Singapore CEO

Asia's ultra-rich still like gold, but they're branching out to digital assets as well, Maybank Singapore's CEO said.

Sep 09, 2026 · Staff
Originally on Wedgetail
News
CVC hires TPG’s second-in-command Todd Sisitsky as co-CEO

Private equity group brings on executive as part of succession plan for chief Rob Lucas

Sep 09, 2026 · Staff
Originally on Wedgetail