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Gold and silver prices plunge after Warsh's Fed nomination

A massive sell-off swept global commodity markets on February 2, 2026, hammering gold, silver, oil, and industrial metals as investors reacted to President Donald Trump's nomination of Kevin Warsh as the next Federal Reserve chair. The rout rippled through stock markets worldwide, with Asian exchanges......

Asian markets soar on RBA rate hike and US-India trade deal

Asian stock markets surged Tuesday as investors welcomed two key developments boosting economic outlooks: Australia's central bank raising interest rates for the first time in two years and a fresh US-India trade agreement. Japan's Nikkei 225 jumped over 3%, hitting record highs. South Korea's......

Japan’s “Tuna King” pays €2.8 million for a fish at New Year auction

A Japanese sushi restaurant owner has paid a record-breaking price of approximately €2.8 million for a giant bluefin tuna during the traditional New Year auction held at Tokyo’s main fish market. Kiyoshi Kimura, head of the Sushi Zanmai restaurant chain and widely known as the self-proclaimed......

Asian markets surge as technology stocks and precious metals fuel year-end optimism

Asian markets advanced sharply on Tuesday as strong gains in the technology sector and record-breaking precious metal prices lifted investor sentiment ahead of the holiday season. The rally followed global momentum from Wall Street, where major U.S. indexes extended their winning streaks, reinforcing......

AI market slide deepens as profitability and infrastructure challenges unsettle investors

Global investors are retreating from artificial intelligence stocks as anxiety mounts over extreme valuations, rising capital costs, and questions about whether massive infrastructure spending will yield sustainable profits. The market correction, which began earlier this month, has intensified across......

Global markets slide as investors retreat from AI-driven stocks

Global markets faced renewed turbulence as a sharp selloff in artificial intelligence-related stocks deepened, erasing billions in market value and triggering a broader rotation away from the technology sector. The downturn, marked by steep losses across Wall Street and major Asian exchanges, underscored......

Markets edge lower as investors await divided Fed decision and record silver surge

Global stock markets drifted lower on Wednesday as investors waited for the Federal Reserve’s final interest rate decision of the year, while silver prices reached unprecedented highs and the Japanese yen weakened sharply. Global markets restrained before Fed move Equities across Europe and Asia......

Japan’s bond yields ease after government approves $135 billion stimulus package

Japanese government bond yields retreated from their highest marks in 17 years following the approval of a substantial 21.3 trillion yen ($135 billion) economic stimulus package by Prime Minister Sanae Takaichi's cabinet. The stimulus aims to support economic growth and ease inflationary pressures,......

Asia-Pacific markets fall on tech sell-off and fears of AI bubble

Asian stock markets declined sharply amid growing investor concerns over inflated valuations in the technology sector, particularly related to artificial intelligence (AI). Japan's Nikkei 225 dropped nearly 1.8%, closing just below......

Japan’s economy contracts amid export slump and tariff pressures

Japan’s economy contracted by 1.8% on an annualized basis in the third quarter of 2025, marking its first decline in six quarters as US tariffs weighed heavily on exports. The quarter-on-quarter drop of 0.4% was milder than economists’......

China’s travel advisory impacts Japan’s tourism and retail sectors amid rising tensions

Japan’s tourism and retail industries are grappling with significant setbacks following China’s advisory discouraging its citizens from traveling to Japan. The warning, issued amidst heightened diplomatic tensions over Taiwan, has caused ripples across Japan’s economy, particularly......

Asian markets tumble as Fed rate uncertainty and AI stock concerns weigh

Asian stock markets experienced a sharp decline on Friday, following Wall Street’s steepest losses in over a month. Investor sentiment soured amid growing doubts about the Federal Reserve’s willingness to cut interest rates in December and concerns over inflated valuations of artificial intelligence......

Honda profits drop 37% due to Trump tariffs and chip shortage

Honda has reported a 37% drop in net profit for the six months ending in September, citing the impact of tariffs imposed by former U.S. President Donald Trump and a global semiconductor shortage that disrupted production at a key factory in Mexico. The Tokyo-based automaker announced on Friday that......

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