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Economy
A ruble-pegged stablecoin tied to sanctioned entities posted remarkable growth in 2025, adding roughly $89.5 billion to its circulating supply and outpacing major dollar-backed stablecoins even as Western sanctions intensified. Known as A7A5, the cryptocurrency launched in early January 2025 by a firm......
Volkswagen Group has surpassed Tesla to claim the top spot in worldwide electric vehicle sales excluding China through November 2025, signaling a notable shift in the competitive landscape as the U.S. electric car pioneer grapples with its second straight year of declining deliveries. Data released......
Philip Lane, the European Central Bank's chief economist, stated on Friday that the euro is well-positioned to capture a larger share of investor portfolios amid growing doubts about the dollar's effectiveness as a global safe-haven asset. Speaking at the Danish Economic Society conference in......
Fuel oil prices in Asia have spiked to their highest levels in eight months, driven by traders' expectations of a major redirection of Venezuelan heavy crude toward American refineries. The premium on high-sulfur fuel oil (HSFO) 380-cst for the nearest month surged above $27 per barrel on January......
France’s draft Budget for 2026 suffered a significant setback on Friday after lawmakers in the National Assembly’s Finance Committee rejected the revenue section during a new reading. The vote sends a negative signal ahead of the full parliamentary debate, which is set to begin next week......
EU member states greenlit on Friday the bloc's largest-ever free trade agreement with South America's Mercosur nations, capping over 25 years of talks and reshaping global trade dynamics despite fierce pushback from major agricultural producers. The 27 member states' ambassadors approved......
Stellantis Pro One, the commercial vehicle division of the Stellantis Group, unveiled the Fiat Professional Tris, a three-wheeled electric pickup designed for short-distance urban deliveries, at the Brussels Motor Show on Friday. The vehicle was already introduced in Morocco and is scheduled to enter......
China’s consumer inflation accelerated in December, reaching its highest level in nearly three years, while the decline in factory-gate prices continued to ease, according to official data released on Friday. The consumer price index (CPI), a key measure of inflation, rose by 0.8 percent year-on-year......
Investors pulled back from emerging markets on Thursday, driving down stocks and currencies amid rising geopolitical tensions and fears of steep U.S. tariffs. The MSCI emerging markets index dropped between 0.7% and 0.8%, its sharpest decline since mid-December, as currencies in Thailand, South Korea,......
Artificial intelligence expansion and soaring defense budgets will propel global copper demand up 50 percent by 2040, risking severe shortages that could hinder economic growth and technological progress, according to a study released Thursday by S&P Global. Annual copper demand will hit 42 million......
European defense stocks climbed for a fourth straight session on Wednesday, fueled by geopolitical ripples from the U.S. military's capture of Venezuelan President Nicolás Maduro and escalating friction over Greenland. A Bloomberg index tracking European defense firms has surged about 10 percent......
Japanese stock markets tumbled Wednesday as investors grappled with the economic fallout from China's fresh export restrictions on dual-use goods, raising alarms over potential disruptions to vital supply chains in the automotive and electronics sectors. The Nikkei 225 index fell 1.06 percent to......
European borrowers unleashed a staggering 57.2 billion euros ($66.8 billion) in debt on Wednesday, shattering the region's single-day record for bond sales as issuers capitalized on ideal market conditions to lock in funding for the year ahead. At least 28 issuers sold bonds across 42 tranches on......
