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NewsNation cited a Pentagon official saying the Pentagon is preparing to send a supplemental defense funding request to the White House, expected at roughly $50-80bln.

2026-06-12

NewsNation cited a Pentagon official saying the Pentagon is preparing to send a supplemental defense funding request to the White House, expected at roughly $50-80bln.

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2026-06-12

U.S. officials said the U.S. military shot down two Iranian one-way attack drones.

U.S. officials said the U.S. military shot down two Iranian one-way attack drones.
2026-06-12

Global banks are tightening financing and limiting new swap exposure for hedge funds long SK Hynix and Samsung Electronics after a year-to-date chip rally and rising volatility raised pullback risk. Citi, JP Morgan and Goldman Sachs have raised finan

Global banks are tightening financing and limiting new swap exposure for hedge funds long SK Hynix and Samsung Electronics after a year-to-date chip rally and rising volatility raised pullback risk. Citi, JP Morgan and Goldman Sachs have raised financing costs on equity swaps used to go long the two Korean names; banks have also cut deal sizes and narrowed eligible counterparties. Morgan Stanley is declining new swap trades in both stocks, and several smaller banks stopped taking new orders in the past two weeks. Banks still executing new business are vetting trades case-by-case; BofA, BNP Paribas and UBS have also increased swap financing costs and imposed size limits.
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