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Sources say SpaceX plans to achieve a $1.75 trillion valuation in its U.S. IPO, which includes an option to sell additional shares.

2026-06-03

Sources say SpaceX plans to achieve a $1.75 trillion valuation in its U.S. IPO, which includes an option to sell additional shares.

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2026-06-02

Ge Qing, director of the macroprudential management department at the PBOC’s Shanghai headquarters, said at a press briefing that building a global asset management center in Shanghai is a priority to raise the city’s international financial center s

Ge Qing, director of the macroprudential management department at the PBOC’s Shanghai headquarters, said at a press briefing that building a global asset management center in Shanghai is a priority to raise the city’s international financial center standing and broadening practical uses for the renminbi. A mature, open asset management market will attract global capital into onshore RMB assets and strengthen the renminbi’s pricing, investment and reserve functions. He said expanding cross-border use cases and improving cross-border finance infrastructure will further boost Shanghai’s asset-management competitiveness. Authorities will press ahead with policy implementation to deepen financial opening, steadily expanding market interconnectivity, and optimizing cross-border financial services to enhance the global appeal and pricing power of RMB assets.
2026-06-02

The yield on the 10-year U.S. Treasury note fell 3.8 basis points to 4.439%.

The yield on the 10-year U.S. Treasury note fell 3.8 basis points to 4.439%.
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