Breaking 17:20 Microsoft faces AI monetization doubts as Copilot overhaul raises concerns 16:50 Russia launches 16 Rassvet satellites to rival SpaceX Starlink network 16:20 Oman foreign minister says Iran not responsible for ongoing war 15:50 Sephora tests shopping app inside ChatGPT as AI retail expands 15:40 Foreign investors pull $50 billion from Asian stocks amid war driven volatility 15:20 IEA warns Iran war oil crisis exceeds shocks of the 1970s 14:50 Electric vehicle demand surges as oil prices climb above $100 14:20 Astronomers discover 87 stellar streams reshaping Milky Way research 14:15 US Business activity falls to 11-months low amid Middle East tensions 13:45 NASA shifts strategy from lunar orbital station to moon base 13:15 Marco Rubio to attend G7 meeting in France amid Iran conflict 12:50 Jet fuel prices double as Iran conflict disrupts global aviation 11:20 China expands seabed mapping operations with military implications 11:00 Chinese battery giants gain $70 billion as oil shock boosts EV demand 10:40 Apple sets WWDC 2026 for June with preview of iOS 27 10:20 Russia gold reserves fall to four year low amid budget strain 10:00 Soviet submarine leak and Pacific nuclear dome raise contamination concerns 09:40 Japan signals currency intervention as yen nears 160 per dollar 09:20 AWS Bahrain cloud region disrupted again by drone activity 08:50 Global energy crisis deepens as Hormuz disruption enters fourth week 07:50 Oil prices swing as US Iran signals clash over talks


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......

Russian tankers face major delays as sanctions and attacks disrupt oil exports

A growing number of Russian oil tankers are stuck at sea as sanctions, logistical bottlenecks, and recent attacks in the Black Sea intensify bottlenecks across Asian ports. The disruptions highlight the growing strain on Russia’s so-called “shadow fleet”  a network of aging vessels......

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......

Gold hits a new record at $4,383.76 an ounce

Gold prices reached a new all-time high on Monday, climbing to $4,383.76 per ounce, surpassing the previous record set in October. The surge comes as investors increasingly expect further interest rate cuts by the US Federal Reserve next year. Recent economic data released in the United States point......

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