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US Treasury Secretary Scott Bessent ‌said on Sunday recent Japanese Yen (JPY) moves ‌were “pretty well contained,” suggesting the Japanese currency’s renewed weakness were not seen as the kind of disorderly moves that led to a rare joint Japan-US intervention last month, Reuters reported.On China’s front, Bessent ‌stated that Washington will hold ‘very robust’ talks with China, focusing on stopping powerful models getting into non-state actors’ hands. Key quotes Japan likely reached end of Abenomics reflation program. Yen fluctuations are ‘pretty well contained’ when questioned about disorderly moves. Will meet BoJ’s Ueda on sidelines of G20 finance leaders’ summit, praises Ueda as an underrated…

PayPal brille moins sans le piment des fusions et acquisitions. Wall Street n’est pas tendre avec les acteurs historiques des paiements.

F/A-18 Super Hornets on the flight deck of the USS George Washington in the Indian Ocean on Aug. 18, 2026.U.S. Navy | Via ReutersU.S. forces struck two Iranian rocket launchers on Larak Island on Sunday after the military said Revolutionary Guard forces were preparing rockets carrying sea mines for launch into the Strait of Hormuz, U.S. Central Command confirmed to MS NOW. Read more CNBC politics and policy coverage”I can confirm that earlier today U.S. forces struck two Iranian launchers on Larak Island. Islamic Revolutionary Guard Corps forces were observed preparing to launch rockets with sea mines into the Strait…

The squabbling heirs running Delfin, one of Italy’s biggest companies, have “trumped” the television series Succession, says The Times, proving that “truth can be stranger than fiction”. The hit TV drama featured four siblings vying for control of their family empire. At Delfin – the €55 billion holding company behind Ray-Ban’s owner EssilorLuxottica – there are eight heirs battling it out. And there’s more at stake than fancy eyewear.Delfin is a big financial power player and has substantial holdings in a slew of Italian banks and other financial institutions – including UniCredit, Mediobanca, Banca Monte dei Paschi di Siena and…

Long priced out of Australia’s property market, young homebuyers must still rely on the bank of mum and dad even though costs are coming down for the first time in decades. (Nikkei montage/Source photos by Ken Kobayashi and AP) Trading AsiaThe country’s real estate ‘super cycle’ may be coming to an end, expert saysSHAUN TURTON and SOPHIE MAKAugust 31, 2026 06:00 JST

Caterpillar (NYSE: CAT) is an iconic industrial company. Chevron (NYSE: CVX) is an iconic oil and natural gas business. And both are competing to provide reliable electricity to artificial intelligence (AI) data centers. The AI revolution is so big that you need to throw out industry labels. But which of these reliable dividend stocks has the better business plan? It depends on how you look at it. Caterpillar is a near-term winner When it comes to providing reliable power to AI data centers, Cat likely has the lead right now. A big part of the problem for AI is that…

U.S. forces struck Iranian rocket launchers on the Strait of Hormuz in the first military action in a month on Sunday, according to a U.S. official, breaking a lull in fighting during an intermittent war that has lasted more than six months. Forces with the Revolutionary Guard Corps were observed preparing to launch rockets with sea mines into the strait, according to the official, who spoke on condition of anonymity to detail sensitive military movements. The U.S. military last week completed clearing sea mines from the strait’s international shipping routes. Semiofficial news outlets in Iran reported sounds of explosions near Larak island…

Global healthcare buyout deal activity moderated in the first half of 2026, with disclosed deal value reaching $51 billion across 184 deals, according to Bain & Company’s mid-year report on the sector. That compares with roughly $60 billion worth of deals closed in the first half of 2025. The report noted that a wave of uncertainty – ranging from the AI-driven ‘SaaSpocalypse‘ to the Iran war and pressures in the private credit market – contributed to lower deal activity during the period.

A Target store in Los Angeles, California, Aug. 19, 2026.Justin Sullivan | Getty ImagesTariff refunds have muddied retailers’ earnings reports in recent weeks as Wall Street struggles to parse through the confusion.Most major retailers applied for refunds after the Supreme Court ruled in February that the International Emergency Economic Powers Act did not authorize President Donald Trump to impose the tariffs. That money began flowing in during the second quarter, as retailers saw major boosts to their profits.For the most part, those returns have helped companies offset cost inflation and prop up margins, especially as they face cost pressures like…

An office building with the Aon logo is seen amid the easing of the coronavirus disease (COVID-19) restrictions in the Central Business District of Sydney, Australia, June 3, 2020.Loren Elliott | ReutersAon is nearing a roughly $17 billion deal, including debt, to acquire insurance brokerage USI from private-equity firm KKR, The Wall Street Journal reported Sunday.A deal could be announced as soon as Monday, the Journal said, citing people familiar with the matter. USI is an insurance brokerage and consulting firm based in Valhalla, N.Y., that specializes in risk management, employee benefits and retirement consulting. The company has about $3…