Most-active China coking coal futures contract up more than 2.00% intraday at 1,392.50 yuan/ton.

美國司法部稱，特朗普拱門至少需要33個月才能建成，地面以上施工要到2027年5月纔會開始。

Meta attracted up to $58bn of orders for a USD bond offering—roughly four times the planned at least $15bn deal—while overall cross-border financing is expected to be at least $20bn. The company plans to price a first eurobond as soon as Wednesday. Despite strong demand, Meta must pay materially higher yields: a 2056-dated bond is trading about 220bps over U.S. Treasuries, roughly 90bps wider than similar paper in April. Rising AI investment is lifting funding costs across big tech; large tech bond spreads are at their widest since 2003 and some firms’ CDS are near record highs. Analysts expect about $4.5t of AI-related investment over the next three years, with Meta >$740bn. Meta is also raising $37.5bn via common and preferred stock and may issue up to $60bn more in shares; S&P has moved Meta’s rating outlook to negative citing AI spending pressure.