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The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by The Associated Press International Correspondent Philip Crowther, Eurasia Group and GZERO Media President & Founder Ian Bremmer, International Crisis Group, Iran Project Director & Senior Advisor to the President Ali Vaez, Axios Defense Reporter Colin Demarest, Lawrence, Kansas Mayor Brad Findeldei, Oliver Wyman Partner & Global Anti-Financial Crime Practice Leader Daniel Tannebaum, Georgia Senator Raphael Warnock and “History That Doesn’t Suck!” Podcast Host, “Been There, Done That” Author and Utah Valley University Center for Constitutional Studies America 250 Professor Greg Jackson. (Source: Bloomberg)

China is taking another step in its longstanding push to build a more global currency, bringing its domestic and offshore yuan markets a little closer together.

Currency traders are on high alert for intervention after further weakness in the yen and reports of an online meeting between Japanese Finance Minister Satsuki Katayama and US Treasury Secretary Scott Bessent.

Japan’s army of retail currency traders have heeded their government’s warning and stopped betting on the yen to decline, putting them at odds with professional investors positioning for further weakness.

Brazil’s largest pension fund will no longer seek to control selection of Vale SA’s chairperson and wants the iron ore miner to be overseen by an independent board leader.

Gold steadied after the US and Iran flagged early progress in negotiations to end the war that’s upended global markets and stoked inflation.

A heat wave gripping western Europe is forecast to strengthen this week, with days of dangerously hot and humid conditions and record-breaking temperatures in France, the UK, Spain and Germany.

EasyJet has rejected three separate offers from Castlelake, prompting the investment firm to take its latest proposal that values the budget carrier at about £4.74 billion ($6.3 billion) directly to shareholders. The UK airline said it rejected the proposal as not being in the best interest of shareholders, accusing Castlelake of trying to buy the company “on the cheap.” Bloomberg’s Benedikt Kammel reports. (Source: Bloomberg)

This is how the Chinese ecosystem is different.