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03/03/2026
The dollar index rose by 0.9%, marking the largest increase since May 12th of last year.
Latest
3 m ago
Market information: A State Council telegram shows that an Iranian drone attacked a hotel in Bahrain, injuring two employees of the US Department of Defense.
4 m ago
Islamic Revolutionary Guard Corps Jerusalem Brigade: The enemy must be clear that their good days are over. From now on, they will not be safe anywhere in the world, not even in their own homes. We will do our best to continue to resist global imperialism and international Jewish nationalism. We will open the gates of hellfire for them and will not stop until we defeat the enemy.
5 m ago
According to Bloomberg, Elon Musk's artificial intelligence company xAI plans to prepay $3 billion in junk bonds. The company recently merged with SpaceX and will redeem these bonds in advance at a premium of 117 cents per dollar of debt. These bonds were issued in June of this year with the original plan to be outstanding for at least two years. The price of these bonds has recently risen, with a significant increase of approximately 3 percentage points on Monday, reaching close to 117 cents. Companies typically need to pay a premium and interest when prepaying debt. xAI and the lead underwriter, Morgan Stanley, have not yet responded. Elon Musk, with a net worth of $666 billion, plans to take SpaceX public in the coming months, with the fastest possible listing this month after secretly submitting an IPO application. The merged company's total debt is around $180 billion, coming from xAI and the acquisition of Twitter (later renamed X and merged into xAI). Banks are working on financing solutions to alleviate the burden of high interest.
7 m ago
After the attack on the Abu Dhabi oil depot pier, the situation has been brought under control.
7 m ago
Market news: Drone strikes Abu Dhabi oil tank terminal.
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