Economy
Institutional investors are treating Bitcoin's sharp decline as a buying opportunity rather than a reason to exit the market, according to Coinbase's head of institutional strategy John D'Agostino. Speaking on CNBC's "Squawk Box," D'Agostino said he was unaware of any major......
Samsung Electronics’ foundry division is approaching a return to profitability in the third quarter of 2026, marking a potential end to nearly four years of sustained losses that have weighed on the company’s semiconductor ambitions. Internal assessments and industry observations indicate......
A rapid expansion in prediction markets tied to U.S. elections is raising growing concerns among experts about the ability of regulators to prevent insider trading and maintain market integrity. Platforms such as Kalshi and Polymarket have seen increased activity as users place bets on electoral outcomes......
Citigroup has raised its year-end forecast for the S&P 500 index, reflecting stronger-than-expected corporate earnings and continued optimism around artificial intelligence-driven growth in the global economy. The investment bank now expects the benchmark index to reach 8,100 points by the end of......
Gold prices have retreated sharply from recent highs, with spot and futures contracts trading around $4,365 per ounce in early June 2026. The metal previously reached a record above $5,400 in January before entering a sustained correction phase that has now lasted three months. The decline has been driven......
Iraq has issued a stark warning over its economic stability as oil revenues fall sharply during the ongoing regional conflict involving Iran. Foreign minister Fuad Hussein said the country could face a financial catastrophe if disruptions in the Strait of Hormuz persist due to military escalation involving......
Goldman Sachs has warned that global oil demand fell more sharply than previously expected, citing an estimated reduction of 4 to 5 million barrels per day in April. The decline is linked in part to disruptions in maritime flows through the Strait of Hormuz, which temporarily reduced global consumption......
The disruption of maritime traffic through the Strait of Hormuz continues to fuel debate over the future of global energy markets, with Russian oil executive Igor Sechin arguing that American energy producers have emerged as the primary beneficiaries of the crisis. Speaking at the St. Petersburg International......
African leaders, policymakers, and development experts are increasingly advocating a model of growth that places African priorities at the center of international decision-making. Discussions at the Paris Peace Forum Spring Meetings in Rabat focused on how the continent can respond to geopolitical tensions,......
Royal Air Maroc is preparing to strengthen its regional fleet with the addition of an Embraer E190 aircraft, marking another step in its ongoing capacity expansion strategy. The move is part of a wider effort to modernize operations and increase connectivity across domestic and regional routes. The......
The United Kingdom government expects global oil prices to remain near 100 dollars per barrel through 2028, even if a peace agreement is reached between the United States and Iran, according to internal projections. The assessment signals a prolonged period of elevated energy costs driven by slow recovery......
Oman has halted crude loading operations at its Mina al Fahal export terminal following an explosion near its offshore mooring buoys, disrupting a key node in global oil supply chains. The incident has added new pressure to already strained energy markets, where supply disruptions across the Middle East......
India and the United States are accelerating efforts to finalize the first phase of a bilateral trade agreement, with both countries aiming to conclude negotiations by mid-July, according to India's Commerce Minister Piyush Goyal. Speaking on Friday, Goyal said officials from both sides have intensified......
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