After "Fantastic Day" With Xi, Trump Touts 200-Jet Boeing Deal As China Offers Hormuz Help

UK Sends Typhoon Jets To Support Saudis Amid Houthi Attacks The United Kingdom has on Tuesday announced yet more creeping escalation in the Yemen war. It is offering Saudi Arabia 'defensive' assistance by deploying its Typhoon fighter jets. The British Ministry of Defence claimed the warplanes and British pilots would operate only in a "defensive role" - though its yet to be seen what exactly this will mean. "The UK will fly defensive counter air missions to support the protection of Saudi cities and critical national infrastructure against aerial attack, using RAF...

Caterpillar Erupts As Quarterly Sales Top $20 Billion For First Time Amid AI Data Center Boom Caterpillar shares jumped in pre-market trading after reporting a second-quarter beat, driven by strong growth in its heavy machinery, power and energy business amid the data center buildout, reshoring, and other activities reindustrializing the nation under the Trump administration. Revenue soared 24% from one year ago to $20.54 billion, exceeding the $19.01 billion Bloomberg consensus estimate. Machinery, power and energy revenue climbed 25% to $19.58 billion, while operating income surged 51% to $4.21 billion, well...

Asia's Gold Producers Start Hoarding Their Own Metal As Faith In The Dollar Erodes For most of modern history, the gold trade worked one way: emerging-market mines dug it up, shipped it out (often as cheap ore, more often through the back door), and London and New York did the rest. But that arrangement is now quietly breaking down. According to a must-read report in Nikkei Asia, countries across Asia are moving to capture more of the value from the gold boom by refining domestically, taxing exports and having their central...