Tuesday's News Links

[Yahoo/Bloomberg] US Stocks Retreat With All Eyes on Nvidia: Markets Wrap

[Yahoo/Bloomberg] Oil Holds Near Three-Month High After Another Red Sea Attack

[CNBC] Gold at $3,000 and oil at $100 by 2025? Citi analysts don’t rule it out

[AP] Ship attacks and downing US drones. Yemen’s Houthis still put up a fight despite US-led airstrikes

[Reuters] Morning Bid: Rates angst, China cut and credit card deal

[Reuters] NYCB stock rout prompts US bank regulators to conduct health checks

[AP] Capital One to buy Discover for $35 billion in deal that combines major US credit card companies

[Yahoo/Bloomberg] China’s Bold Mortgage Rate Cut Met With Lukewarm Reaction

[Reuters] China slashes mortgage reference rates to revive property market

[Yahoo/Bloomberg] In Rare Move, China Stock Watchdog Vows to Heed Market Criticisms to Avert $5 Trillion Rout

[Yahoo/Bloomberg] ECB Says Euro-Zone Wage Growth Slowed in Fourth Quarter

[Reuters] Taiwan drives away Chinese coast guard boat as frontline island tensions rise

[Reuters] Taiwan says China triggered 'panic' by boarding tourist boat

[Bloomberg] Dudley: Federal Reserve Flight 2024 Hasn’t Landed Yet

[Bloomberg] Why Private Credit Is Booming and Banks Are Fighting Back

[Bloomberg] China Freezes Accounts of Quant Fund After It Dumped Stocks

[WSJ] Data Show the Economy Is Booming. Wall Street Thinks Otherwise.

[WSJ] Chinese Banks Slash a Key Lending Rate as Economy Falters

[FT] Navalny’s widow takes on the struggle against Putin

[FT] Bad property debt exceeds reserves at largest US banks

[FT] Container lines ‘struggling’ with port congestion and ship shortages

[FT] Investors plough record amounts into US farmland 

[FT] Australia to build biggest navy since second world war to meet China threat

[FT] Chinese companies revive Mao Zedong-era militias

Monday Evening Links

[Reuters] US proposes UN Security Council oppose Rafah assault, back temporary Gaza ceasefire

[Reuters] Yulia Navalnaya, Russia's steely new opposition politician out to avenge husband's death

[Reuters] Ukrainian steel giant Metinvest's CEO warns Russian advance "alarming"

[Yahoo/Bloomberg] ‘China has a lot more to lose’: U.S. considering sanctioning Chinese firms aiding Russia’s war

[Bloomberg] A $6 Trillion Wall of Cash Is Holding Firm as Fed Delays Cuts

[NYT] Plans to Expand U.S. Chip Manufacturing Are Running Into Obstacles