Regulators in China have directed banks to reduce their holdings of US Treasury bonds, according to a Bloomberg report published Monday. Chinese authorities cited concentration risk and heightened volatility in US debt markets as the primary reasons for scaling back Treasury investments. The directive has already impacted financial markets, with…

Bitcoin struggled to maintain momentum around the $70,000 level on Monday, even as other assets rallied strongly to start the week. The cryptocurrency experienced a 1% decline around midday, trading at approximately $70,100 after recovering from a sharp drop to nearly $60,000 last Thursday. While stocks and precious metals mounted…

Phillips 66, one of the largest independent refining companies in the United States, continues to attract attention from market analysts as the energy sector navigates evolving demand patterns and regulatory pressures. Recent analyst reports highlight the company’s strategic positioning amid changing market dynamics, with particular focus on its refining operations,…