Breaking 17:50 European stocks set for longest monthly winning streak since 2021 17:20 Airbus defense chief warns European bureaucracy hampers space ambitions 16:50 Trump nominates Kevin Warsh to lead Federal Reserve 16:40 Iran deploys 1,000 combat drones amid US naval buildup in Middle East 16:10 Lunar New Year 2026 ushers in Year of the Fire Horse 15:20 Google opens AI world generator Project Genie to subscribers 15:10 EU exempts US and Qatar from Russian gas ban verification checks 14:50 Harvard scientist proposes global network to detect interstellar objects 14:00 iPhone 16 leads global smartphone sales in 2025 13:50 UBS raises gold forecast to $6,200 amid record highs 13:20 SpaceX and xAI in merger talks ahead of record IPO 11:20 Microsoft loses $357 billion in second-largest single-day market drop 11:00 Gold prices fall nearly 5% after hitting record highs 10:50 Trump claims Putin agreed to pause strikes on Kyiv for a week 10:30 Iranian foreign minister visits Istanbul amid efforts to ease tensions with Washington 10:20 U.S. Treasury labels yuan largely undervalued, warns China 09:50 Venezuela ends 20 years of state oil control with new law 09:20 Israeli officials expect Trump Iran strike decision soon 08:50 Angelina Jolie demands accountability after deadly Iran protests 08:20 Nasa starts critical Artemis II fueling test ahead of moon mission 07:50 Gold plunges nearly $500 in widest intraday swing since 2013 07:30 Trump threatens to revoke certification of Canadian aircraft including Bombardier jets 07:00 Panama Supreme Court cancels CK Hutchison port concessions on strategic canal


US and global bond yields rise amid economic optimism

US Treasury yields climbed on the first trading day of 2026, with the 30-year bond reaching 4.88 percent its highest level since early September. This surge stemmed from heightened optimism about the American economy, which dampened demand for safe-haven assets. The 10-year Treasury yield also rose to......

Sterling surpasses 1.34 amid dollar's worst year since 2017

The British pound traded above 1.34 against the US dollar on Thursday, building on its strongest annual performance since 2017 as divergent central bank policies and growing doubts over the Federal Reserve's independence weighed heavily on the greenback. In early Asian trading on January 2, the......

Silver prices plunge after CME doubles margin requirements

Silver prices suffered a dramatic plunge in late December 2025, dropping more than 15 percent from a record high near $84 per ounce to around $71. The CME Group triggered this sharp decline with a rare "double whammy" of margin requirement hikes, sparking massive forced liquidations across......

Precious metals experience significant declines after record-setting year

The prices of silver, platinum, and palladium plummeted on December 30, marking a tumultuous conclusion to a year characterized by extraordinary highs for these precious metals. Investors capitalized on their gains amid a volatile environment, significantly reducing their positions after seeing remarkable......

Metals hit historic highs as gold and copper soar in 2025

Gold and copper concluded 2025 with record-breaking performances, marking significant annual gains driven by a combination of monetary policy shifts, soaring industrial demand, and geopolitical uncertainties. Gold surged over 64% this year, trading around $4,330 per ounce, reflecting its steepest annual......

China sets steep tariffs on beef imports beyond new quota limits

China announced plans to impose an additional 55 percent tariff on beef imports that exceed newly defined country quotas, targeting major suppliers such as Brazil and the United States and closing a year long safeguard investigation into the sector. The Chinese commerce ministry said the measure will......

China's yuan breaches 7-per-dollar mark onshore for first time since 2023

China's yuan has surged past the critical 7-per-dollar threshold in onshore trading for the first time since 2023, reaching 6.9960 on Tuesday amid evident concerns from authorities over the currency's sharp strengthening. This milestone reflects mounting pressures on Beijing to balance export......

Global stocks end 2025 with record gains as Fed cuts fuel year-end rally

World stock markets ended 2025 at record highs, marking a powerful conclusion to a year dominated by optimism over central bank easing and strong advances in the technology and commodities sectors. Investors worldwide pushed shares to unprecedented levels amid growing conviction that the Federal Reserve’s......

Crypto market slump deepens as digital asset stocks follow bitcoin decline

Bitcoin’s sharp post-holiday downturn sparked a wider selloff across crypto-linked equities, extending pressure on a market already grappling with thin trading volumes and post-Christmas volatility. Within an hour, the world’s largest cryptocurrency shed nearly $3,000, triggering automated......

Loaded tanker forced back to Venezuelan waters as US blockade tightens

A fully loaded Panama-flagged oil tanker has returned to Venezuelan waters after the United States intensified its maritime blockade targeting the country’s oil exports. The vessel, initially bound for foreign ports, reversed course following reports that the U.S. Coast Guard intercepted several......

Yuan strengthens as China advances digital currency expansion

The Chinese yuan exceeded the key threshold of 7 per dollar for the first time since September 2024, signaling renewed confidence in the nation’s currency strategy. The offshore yuan reached 6.9985 against the U.S. dollar on Thursday after the People’s Bank of China (PBOC) set its daily midpoint......

Venezuela tensions propel gold above $4,500 and silver to $72 peak

Gold prices smashed through $4,500 per ounce on Wednesday, hitting a historic high of $4,525, as silver raced to $72.70 per ounce in a blistering year-end rally that delivers gold its strongest annual gain since 1979 at over 70 percent. Escalating frictions between the United States and Venezuela, marked......

Gold surpasses $4,500 an ounce for the first time

Gold reached a historic milestone on Wednesday, climbing above 4,500 dollars an ounce for the first time, driven by mounting geopolitical tensions and expectations of future interest rate cuts in the United States. The precious metal, traditionally seen as a safe-haven asset, rose to a peak of 4,519.78......

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