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GameStop (GME.N) extended its pre-market decline to 12%.

2026-08-03

GameStop (GME.N) extended its pre-market decline to 12%.

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2026-08-03

Treasury Secretary Bessent said coordinated FX action with Japan last Friday addressed disorderly yen moves. The Treasury is closely monitoring markets and in close contact with colleagues at Japan’s Ministry of Finance and the Bank of Japan, and wil

Treasury Secretary Bessent said coordinated FX action with Japan last Friday addressed disorderly yen moves. The Treasury is closely monitoring markets and in close contact with colleagues at Japan’s Ministry of Finance and the Bank of Japan, and will not hesitate to join further joint intervention. He called the FIMA repo facility an important backstop and encouraged expanding its size in the coming months. Bessent said the US strongly supports Japan’s decisive market and monetary measures to correct substantial yen undervaluation.
2026-08-03

China State Planner and the National Energy Administration issued the 15th Five-Year Plan for New Power System Construction, proposing a '1+N' basic-rule framework for the power market and tighter alignment of national and local rules. The plan aims

China State Planner and the National Energy Administration issued the 15th Five-Year Plan for New Power System Construction, proposing a '1+N' basic-rule framework for the power market and tighter alignment of national and local rules. The plan aims to broaden participation by new market entities, normalize cross-grid trading and gradually reduce proxy (agency) power procurement. It calls for improved ancillary services markets and exploration of a capacity market, deeper electricity price reform and market-based pricing for hydro, nuclear and gas generation. The plan proposes exploring two-part or single-capacity transmission pricing for cross-provincial special projects, implementing price mechanisms to support nearby consumption of renewables, refining transmission-and-distribution tariff incentives and constraints to steer grid investment, studying pricing for offshore wind evacuation, and optimizing residential tiered tariffs while promoting residential time-of-use pricing.
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