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Trump pushes domestic rare earth processing to reduce China reliance

President Donald Trump’s push to rebuild a domestic rare earth supply chain reached another milestone as the U.S. Army partners with industry to expand North American processing capacity for materials used in military equipment, as part of a broader effort to reduce reliance on China. REalloys CEO Leonard “Lipi” Sternheim…

Neutral stance against US Dollar with carry support – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong highlight that the Pound (GBP) remains resilient to local political developments and fiscal risks, supported by foreign inflows into gilts and the Bank of England’s (BoE) reluctance to ease policy amid resilient growth and disinflation. Attention turns to Andy Burnham’s choice of Chancellor and fiscal approach, with markets focused on Autumn Budget execution. They maintain a neutral view on GBP and a broadly flat EUR/GBP profile.Carry and…

Finance news

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Business

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Trump tells gas stations to slash prices or face ‘big problems’ ahead

President Donald Trump on Monday urged gas station owners nationwide to lower prices, warning retailers they could face consequences if they fail to act. The president’s comments came as gasoline prices remain elevated following recent volatility in global oil markets, with Trump arguing retailers should be passing lower crude oil…

Markets

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Donald Trump says gas companies should lower prices to .50 a gallon

President Donald Trump slammed gasoline retailers for failing to lower prices for Americans.In a Monday evening Truth Social post, Trump wrote that the retailers must lower prices immediately because they are too high.”There will be no gauging, which is totally illegal,” he wrote, likely referring to gouging, the act of…

Investing

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