Morning Edition · Monday, September 28, 2026
Markets
Trump Rejects Iran's Hormuz Proposal and Keeps Further Strikes Open, Pushing Brent Above $106
Tehran says it will not ease its conditions, the ten-year United States Treasury yield stands near 5.2%, and South Korea's KOSPI fell more than 2% at the open.
Macro
Washington and Beijing Publish Terms of Matched Tariff Cuts on $30 Billion of Goods Each Way
China's Ministry of Commerce says more than 90% of the listed products will lose all retaliatory tariffs and revert to most-favored-nation treatment once both governments complete their domestic procedures.
Macro
Warsh's Rate Increase Draws Political Fire as Jobs and Inflation Data Land This Week
The Federal Reserve raised its target range to 3.75%-4% on a unanimous vote, and 16 of 18 officials expect another increase before year-end.
Markets
Artificial-Intelligence Builders Are Rewriting the Corporate Bond Market to Fund Data Centres
Bond sales by the largest cloud operators have reached roughly $194 billion this year, against about $93 billion in all of 2025 and an average near $35 billion a year from 2020 to 2024.
Geopolitics
US Ambassador Says Trump Asked Xi Whether China Wanted to Buy American Weapons
The State Department said within hours that United States law bars arms sales to China and that no offer or plan exists.
Geopolitics
European Union States Weigh a Joint Response Mechanism for Attacks Below the Threshold of War
Brussels wants any member hit by sabotage or drone incursion to be able to trigger consultations among all twenty-seven, using the treaty's mutual assistance clause as its legal basis.
Geopolitics
Seoul Demands an Apology From Kyiv Over the Disclosure of North Korean Prisoner Transfers
South Korea's presidential office says Ukraine requested secrecy, then denied that any confidentiality agreement existed after Volodymyr Zelensky named the transfer at the United Nations.
Geopolitics
Israeli Media Report an Unannounced Netanyahu Visit to Abu Dhabi as Pre-War Warning Claims Resurface
Israeli broadcasters and newspapers say the prime minister flew by private aircraft and met the Emirati president, while the United Arab Emirates foreign ministry has not confirmed the trip.
Markets
Gold Holds Above $4,200 and Silver Near $63 While Bitcoin Falls With Technology Shares
Bitcoin dropped 1.3% to about $83,324 on Monday even after a three-month gain of roughly 42%, moving with Nasdaq futures rather than with the monetary metals.
Macro
Japan Weighs Defence Spending at 3.5% of Output as Long Bond Yields Sit at Multi-Decade Highs
A government adviser says the increase would be spread across a decade or more and should not unsettle markets in any single year.
Tech
Trump Hosts Anthropic's Dario Amodei at the White House After Months of Public Conflict
The private dinner is the first one-on-one meeting between the president and a chief executive who has publicly called for slowing the improvement of artificial-intelligence capabilities.
World
Pakistan Expects a 25% Water Shortfall for Its Main Wheat Season
Reservoir carryover has fallen below 9.5 million acre-feet after a season in which the country already imported wheat to cover a shortfall of more than two million tonnes.