Economy
Bitcoin plunged to its lowest point of 2026 over the weekend, dipping below $88,000 as cascading liquidations and a rush to safe-haven assets rattled cryptocurrency markets. Investors grew wary amid escalating geopolitical tensions and uncertainty ahead of the Federal Reserve's interest rate decision......
Global equity funds saw their largest-ever outflows last week, driven by unprecedented withdrawals from China as Beijing's sovereign fund shifted from market support to actively cooling speculative gains. For the week ending January 22, worldwide stock funds recorded $43.2 billion in exits, with......
The world's largest cryptocurrency exchange, Binance, recorded its biggest weekly asset withdrawal since November 10, with over $6 billion exiting the platform in the week starting January 19, 2026. On-chain data tracked by CryptoQuant shows outflows across multiple blockchains and asset types: Bitcoin......
Bitcoin dropped under $88,000 on Sunday, sparking over $100 million in futures contract liquidations across cryptocurrency markets in just one hour amid fresh selling pressure. This sharp reversal followed the digital asset's weekly high above $92,000 on January 19. Data from derivatives analytics......
Gold prices shattered the $5,000 barrier for the first time on Monday, soaring to a record high above $5,100 per ounce as investors flocked to safe-haven assets. This surge unfolded against a backdrop of a weakening US dollar and mounting speculation about a potential joint intervention by the United......
Canadian Prime Minister Mark Carney stated Sunday that Canada holds no intention of seeking a free trade deal with China, rebuffing President Donald Trump's threat of 100% tariffs on all Canadian goods if Ottawa inks a broader trade pact with Beijing. "We have no intention of doing so with......
Recent data highlights Android's continued dominance over iPhone in smartphone markets across Arab countries, with notable variations between nations. In conflict-affected areas, Android's market share exceeds 90 percent, while affluent Gulf states exhibit stronger iPhone adoption. This divergence......
The U.S. dollar index plunged to 97, its lowest in four months, on Monday as speculation mounted over potential joint U.S.-Japanese currency intervention and investors shed dollar-denominated assets amid lingering uncertainty from the Trump administration. The greenback's drop extended a rough week,......
India is set to reduce tariffs on European car imports from 110% to 40% as part of a historic trade agreement with the European Union, sources told Reuters. The move marks the largest opening of India’s automotive market to European manufacturers to date. Under the agreement, which could be signed......
Poland is not in a hurry to adopt the euro, as its economy is currently performing better than many countries within the eurozone, according to the country’s finance minister. In recent comments, Finance Minister Andrzej Domanski explained that Poland’s strong economic growth and stable......
The US Treasury Department has granted a one-month extension on sanctions relief for Serbia's NIS oil company, majority-owned by Russian entities, pushing the deadline to February 20, 2026. This move provides the Balkan nation breathing room to secure winter fuel supplies amid ongoing talks to divest......
A high-level Moroccan economic mission led by Omar Hejira, Secretary of State for Foreign Trade, is currently visiting Chile to strengthen bilateral economic and trade ties and lay the foundations for a structured, long-term strategic partnership. This mission is part of the Morocco-Chile Economic Forum,......
Fitch Ratings revised Türkiye’s outlook to positive on Friday while maintaining its long-term foreign-currency issuer default rating at BB-. The move reflects a faster-than-expected improvement in the country’s external buffers, signaling enhanced financial stability. The international......
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