Business & Economy: The change coincides with a volatile period in financial markets, triggered in part by Trump’s wave of tariffs against key US trading partners

UK overtakes China in US Treasury holdings for first time since 2000

World: Elez resigned from his Treasury role last week following the reports of his racist social media posts. Despite this, Musk has said that Elez will be reinstated.

‘Promptly corrected’: Elon Musk’s DOGE staffer was ‘mistakenly’ given ‘edit’ access to sensitive Treasury data

World: In his ruling, Judge Paul A. Engelmayer stressed that Musk’s cost-cutting initiative within the government posed a serious risk of “the disclosure of sensitive and confidential information”.

‘Massive risks’: How Elon Musk’s Treasury shakeup could be ‘biggest security breach in US history’

The US Treasury has imposed sanctions on a businessman and a senior government official with close links to Cambodian Prime Minister Hun Sen, accusing them of corruption.

US imposes sanctions Cambodian PM's associates over alleged corruption

Global shares slipped on Thursday on growing signs that a trade dispute between the United States and China was taking a toll on corporate earnings, with nerves spreading from Wall Street through Asia to European markets.

Global Markets: Stocks slide as US-China trade war takes toll on earnings

The trade war between Beijing and Washington has stoked concern in financial markets that China might opt to weaponise its holdings of more than $1.1 trillion worth of US Treasuries in retaliation for the tariffs the Trump administration has imposed on Chinese imports.

Will China dump US bonds as a trade weapon? Not so fast

Kremlin spokesman Dmitry Peskov said on Tuesday that a US report on people close to the Kremlin might damage the image of Russian firms, businessmen and officials

US 'oligarch list' may damage image of Russian firms: Kremlin