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Druckenmiller, Bessent’s Early Mentor, Calls Bond Buys a Mistake

Bloomberg Market News
market
25 Aug 2026 • 04:33
Stanley Druckenmiller, the billionaire investor who mentored Scott Bessent in his early career as a hedge fund trader, called the Treasury secretary’s plan to spend billions buying back US bonds a mistake....
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Trump Devises New $100,000 H-1B Visa Fee

Bloomberg Market News
market
25 Aug 2026 • 04:15
The Trump administration is proposing a regulatory process that would charge companies roughly $103,000 for each candidate they sponsor for a visa under the H-1B program for foreign-born professionals. Bloomberg's Alicia Caldwell breaks down the news. (Source: Bloomberg)...
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Australia’s FireFly Metals Seeks $136 Million for Copper Project

Bloomberg Market News
market
25 Aug 2026 • 03:59
Australian copper miner FireFly Metals Ltd. is seeking to raise A$190 million ($136 million) through a sale of new Australian and Canadian shares to develop its Green Bay project in Canada....
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India’s New Stock Auction System Faces First Monthly Expiry Test

Bloomberg Market News
market
25 Aug 2026 • 03:30
Indian traders are bracing for their first monthly derivatives expiry using auction-based end-of-day stock prices, a crucial test for a mechanism that has faced backlash over sharp swings and allegations of manipulation....
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Bessent Defends Buyback Plan, Stops Short of New Bond Measures

Bloomberg Market News
market
25 Aug 2026 • 02:21
Treasury Secretary Scott Bessent refrained from any further signals on revamping US debt management on Monday, following a report that his department could draw down some of its cash pile to fund buybacks of higher-yielding older securities. Bloomberg's Garfield Reynolds discusses. (Source: Bloomberg)...
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Gold Holds Near Three-Month High as Traders Weigh Treasury Moves

Bloomberg Market News
market
25 Aug 2026 • 01:57
Gold traded near a three-month high, as traders weighed the US Treasury’s next move in the bond market after the surprise intervention that’s revived concerns around fiscal policy....
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Sammons Distances Itself From Guggenheim in Call With Lenders

Bloomberg Market News
market
25 Aug 2026 • 01:18
Sammons Financial Group reiterated to lenders that it has some distance from Mark Walter’s Guggenheim Partners, after a report last week focusing on the longstanding ties between the firms hit the value of the life insurer’s bonds....
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Asian Stocks Under Pressure After US Tech Selloff: Markets Wrap

Bloomberg Market News
market
25 Aug 2026 • 00:09
Asian stocks were set for broad declines Tuesday after a tech-led selloff on Wall Street outweighed a drop in oil, as traders weighed Treasury Secretary Scott Bessent’s plan to isolate Iran from the global economy....
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Latest Oil Market News and Analysis for Aug. 25

Bloomberg Market News
market
25 Aug 2026 • 00:02
Oil held a decline as the US ramped up economic pressure on Iran and its trading partners in a bid to force the resumption of energy flows through the Strait of Hormuz....
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NZ Market Watchdog Finds Māori Face Insurance Gaps, Cost Barrier

Bloomberg Market News
market
25 Aug 2026 • 00:00
New Zealand’s insurance industry is failing to consistently meet the needs of Māori, with affordability barriers and difficulties insuring collectively owned land leaving them less likely to have cover, according to a study by the market watchdog....
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