Indian stock markets faced a sharp downturn as Sensex and Nifty tumbled, driven by foreign fund outflows, geopolitical tensions, and uncertainty surrounding US-Iran nuclear talks.Photograph: Francis Mascarenhas/ReutersSensex and Nifty50 Performance: Key Market Highlights TodaySensex and Nifty plunged over 1% due to foreign fund outflows and rising geopolitical risks.Uncertainty surrounding US-Iran nuclear talks contributed to market volatility and investor caution.Foreign Institutional Investors (FIIs) offl ...

Core Viewpoint - Renowned economist Mohamed El-Erian indicates a significant structural shift in global finance as China's share of the U.S. Treasury market has dropped to a 15-year low, raising concerns about future demand for American debt [1] Group 1: China's Holdings of U.S. Treasuries - China's holdings of U.S. Treasuries now account for only 7% of the total market share, a dramatic decline from the 28% peak recorded 15 years ago [2] - The total value of China's U.S. Treasury holdings has fallen to approximately $682.6 billion, the lowest level since 2008 [2] Group 2: Broader Economic Context - The decline in China's Treasury holdings is occurring alongside a steady issuance of new securities by the U.S. government, which may exacerbate the situation [3] - As the U.S. national debt approaches $39 trillion, China is reportedly advising its domestic banks to limit exposure to Treasury securities and shift towards gold and other hard assets, with gold reserves reaching a record 2,308 tonnes [4] Group 3: Geopolitical Implications - Analysts suggest that this de-risking strategy is a direct response to the weaponization of the dollar, particularly following the freezing of Russian assets in 2022 [5] - The reduction in China's stake in U.S. Treasuries signals a permanent shift away from being the primary financier of American deficits [5] Group 4: Impact on U.S. Economy - El-Erian raises concerns about who will absorb the increasing supply of U.S. debt as traditional buyers like China retreat, which could lead to higher borrowing costs for the U.S. government [6] - If foreign demand continues to decline while the U.S. maintains a trillion-dollar trade deficit, this could put upward pressure on interest rates, threatening the stability of the global financial system [6] Group 5: Market Reactions - Economist Peter Schiff suggests that China's actions may compel the Federal Reserve to purchase more bonds, potentially leading to inflationary conditions for consumers [7]

Group 1 - The core concept of the event is the integration of "good capital" finance, which combines allocative finance and social value finance, aiming to use AI technology to address resource misallocation and anchor development direction with social value [1][2] - The "good capital" finance has led to practical outcomes in Zhejiang, including the establishment of a financial advisor system, good capital trusts, credit engineering, and comprehensive financial ecosystem construction in counties [1] - Currently, there are 5,200 financial advisors nationwide, with a target to help solve over 30,000 financing difficulties for enterprises by 2025, involving an amount exceeding 200 billion yuan [1] Group 2 - The "Qiantang River Financial Bay Core Area Action Plan" was also released, which aims to develop a spatial layout centered around Hangzhou's Qiantang New City and Qiantang Century City, inspired by global financial bay construction experiences [2] - The Qiantang River Financial Bay Core Area has attracted 169 licensed financial institutions at the provincial level or above, with the Yuhuangshan South Fund Town managing assets totaling 1.5 trillion yuan [2] - Future development of the Qiantang River Financial Bay will focus on "digital finance" and "good capital" finance, promoting AI and financial innovation, and establishing a financial data sharing platform [2]

Paris, 3 February 2026 Capitalised terms used herein shall have the meaning specified for such terms in the Sfil base prospectus to the €20,000,000,000 Euro Medium Term Note Programme dated 10 June 2025 (the “Base Prospectus”). Sfil has decided to issue on 5 February 2026 – Euro 250,000,000 Fixed Rate Notes due 23 May 2031 to be assimilated upon listing and form a single series with the existing issue of Euro 1,000,000,000 Fixed Rate Notes due 23 May 2031 issued on 23 January 2026. The Base Prospectus dat ...

US stocks fell on Friday as President Trump said he would nominate Kevin Warsh to lead the Federal Reserve, against a background of a rising dollar and tumbling gold. The S&P 500 (^GSPC) slid 0.2%, while the tech-heavy Nasdaq Composite (^IXIC) fell 0.3%, pointing to another down session for tech stocks. The Dow Jones Industrial Average (^DJI) dipped below the flat line. Markets are calculating the potential impact after Trump said he has chosen frontrunner Warsh as the US central bank's next chair, in a ...

Group 1 - The core viewpoint of the article highlights the rising gold prices nearing $5000 per ounce, reflecting a strong demand for safe-haven assets amid a declining trust in U.S. Treasury bonds, particularly after China reduced its holdings to the lowest level since 2008 [1] - The U.S. Treasury market is experiencing a significant sell-off, with the 10-year Treasury yield reaching 4.31%, the highest in nine months, and the 30-year yield approaching 4.95%, impacting mortgage and auto loan rates [3] - China's continuous reduction of U.S. Treasury holdings over 14 months signals a long-term concern regarding the credibility of U.S. debt, influencing European institutions to follow suit in reducing their holdings [3] Group 2 - The trade policies implemented by the Trump administration, while appearing to prioritize American interests, have led to increased isolation of the U.S. economy within the global framework, resulting in accelerated capital outflows from the Treasury market [4] - Attempts by the Trump administration to intervene in the Federal Reserve's independence and manipulate interest rates may provide short-term relief but could exacerbate inflationary pressures and undermine trust in the dollar [6] - The U.S. debt now constitutes 124% of GDP, significantly exceeding the internationally recognized warning threshold, indicating a precarious fiscal structure that could undermine the U.S.'s position in global economic negotiations [6] Group 3 - The ongoing rise in gold prices poses a challenge to the dollar's dominance in the global financial system, necessitating the U.S. government to rebuild market confidence and address both domestic and international pressures [8] - The current international situation presents a severe challenge to the dollar's hegemony, with collective sell-offs of U.S. Treasuries and the rise of gold prices reflecting a shift in investor sentiment and a silent protest against U.S. policy choices [8]

Core Insights - China has reduced its holdings of US Treasury bonds to the lowest level since 2008, with a decrease of $6.1 billion in November, bringing the total to $682.6 billion, marking a nearly 10% decline since January 2022 [1][2][5] - In contrast, foreign holdings of US Treasury bonds reached a historical high in November, with an increase of $112.8 billion, totaling $9.36 trillion [1][3] - Other countries, including Japan, the UK, Canada, Norway, and Saudi Arabia, have increased their holdings of US Treasury bonds, indicating a divergence in investment strategies compared to China [3][4] Group 1: China's Treasury Holdings - China's US Treasury bond holdings decreased to $682.6 billion in November, the lowest since 2008, reflecting a continuous decline since the beginning of Trump's first term [2][5] - The reduction in holdings is attributed to concerns over the sustainability of US debt and potential political influences on the Federal Reserve [5] Group 2: Foreign Investment Trends - Foreign investors increased their holdings of US Treasury bonds, with Japan and the UK both raising their positions by $2.6 billion and $10.6 billion, respectively [3] - Canada saw a significant increase of $53.1 billion in its holdings, while Norway and Saudi Arabia also added $25.2 billion and $14.4 billion, respectively [4] Group 3: Strategic Shifts in Asset Allocation - Analysts suggest that China may continue to adjust its strategic reserve allocation, potentially shifting towards gold, non-US dollar currencies, and overseas equity investments [5] - China's gold reserves reached 7.415 million ounces (approximately 2306.323 tons) by the end of December, marking a continuous increase for 14 months [6]

【12月25日消息,八部门联合发布21条举措支持西 部陆海新通道发展】 近日,中国人民银行等八部门 联合发布意见,提出21条金融支持重点举措。旨在 推动发挥"融资"和"结算"两项金融核心功能, 支持西部陆海新通道高质量发展。在完善金融开放 体系方面,意见明确支持广西打造中国一东盟金融 城、重庆建设来福士国际金融集聚区、成都搭建跨 境投融资数字平台、广东湛江建设跨境投融资与产 业合作平台。此外,支持沿线省参与多边央行数字 货币桥项目,推动与泰国、香港、阿联酋、沙特阿 拉伯等跨境支付使用央行数字货币。 本文由 Al 算法生成,仅作参考,不涉投资建议,使用风险自担 和讯财经 和而不同 迅达天下 【12月25日消息，八部门联合发布21条举措支持西部陆海新通道发展】近日，中国人民银行等八部门联 合发布意见，提出21条金融支持重点举措。旨在推动发挥"融资"和"结算"两项金融核心功能，支持西部 陆海新通道高质量发展。 在完善金融开放体系方面，意见明确支持广西打造中国—东盟金融城、重庆 建设来福士国际金融集聚区、成都搭建跨境投融资数字平台、广东湛江建设跨境投融资与产业合作平 台。 此外，支持沿线省参与多边央行数字货币桥项目， ...

MUMBAI : A growing disconnect between monetary policy signals and bond market pricing is forcing state-owned borrowers to step back from planned fundraisings. On Monday, Indian Railway Finance Corp Ltd (IRFC) became the third public sector issuer—after Power Finance Corp (PFC) and Small Industries Development Bank of India (Sidbi)—to withdraw a bond issue within a week. IRFC withdrew its plans to raise up to ₹5,000 crore through zero-coupon bonds (ZCBs) as there was limited interest from investors to bid f ...

Group 1 - Disney is integrating AI into its licensing deals, indicating a strategic shift towards technology-driven solutions in content distribution [1] - Broadcom has reported earnings that exceeded market expectations, showcasing strong performance in the semiconductor industry [1] - The Trump administration is focusing on regulatory changes targeting financial industry watchdogs, which may impact compliance and operational frameworks within the sector [1]