Economy
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......
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,......
Bitcoin tumbled below $89,000 on January 23, with seasoned traders issuing stark warnings of steeper losses ahead. The cryptocurrency traded at around $88,959 according to CoinStats data, reflecting a weekly drop of nearly 7 percent. This downturn unfolded even as precious metals like gold and silver......
Bitcoin has slipped beneath a critical technical level this week, fueling comparisons to the 2022 bear market as multiple on-chain metrics point to worsening market conditions and persistent selling pressure. Blockchain analytics firm Glassnode reports that the cryptocurrency fell under the 0.75 quantile......
Global solar energy stocks skyrocketed on January 22 and 23, 2026, fueled by developers racing to secure U.S. tax credits before looming deadlines and Elon Musk's announcement at the World Economic Forum in Davos about SpaceX launching AI-powered satellites fueled by space-based solar energy in the......
European Commission President Ursula von der Leyen revealed that the European Union, the United States, and Ukraine stand on the brink of sealing a unified Prosperity Framework to steer Ukraine's economic recovery after the war. This breakthrough emerged from an informal EU leaders' gathering......
Silver prices have shattered historical records in early 2026, soaring past $90 per ounce for the first time ever. This unprecedented rally stems from persistent supply shortages, fresh Chinese export restrictions, and a rush of safe-haven buying, creating what experts describe as the most intense pressure......
Asian currencies showed mixed performance on January 23 as the dollar headed for its sharpest weekly drop in months, with gains in China's yuan and Malaysia's ringgit offsetting fresh record lows for India's and Indonesia's rupees. The dollar index hovered near 98.3 and faced a roughly......
The United States' seizure of Venezuelan oil exports has stranded shipments intended to settle the South American nation's substantial debt to China, setting the stage for a potential showdown between the two global powers. This move threatens to further delay Venezuela's efforts to emerge......
World leaders, top policymakers and corporate executives convened in Davos, Switzerland, for the 56th annual meeting of the World Economic Forum, held under the banner of promoting dialogue at a moment of deepening geopolitical rifts and economic uncertainty. Over the course of the week, nearly 3,000......
US Treasury yields surged to their highest levels in over four months on Tuesday, triggered by a dramatic sell-off in Japan's bond market that rippled through global financial markets. This spike unfolded against rising Japanese budget concerns and fresh US-Europe trade tensions. The benchmark 10-year......
European Union finance ministers gathered in Brussels on Tuesday to weigh the bloc's most potent commercial weapon against the United States, signaling an unprecedented escalation in transatlantic ties amid President Donald Trump's threats to impose tariffs unless Denmark sells Greenland. Danish......
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