Asian markets closed out the year on a subdued note amid thin holiday trading, capping a year of strong gains driven by enthusiasm for artificial intelligence stocks and resilient risk appetite. Elsewhere, geopolitical tensions resurfaced with a Ukrainian drone attack on a major Russian oil refinery, the United Nations approved…
China is set to tighten controls on silver exports from Thursday, extending its oversight over a metal that has traditionally been treated as an ordinary commodity but is increasingly viewed as strategically important to global industry and defense supply chains.The move has drawn attention in recent days after Tesla Chief…
The IBEX 35 Index had a great performance in 2025 and was one of the best-performing global benchmarks. It jumped to a record high of €17,335, up sharply from the January low of €11,820. The index, which tracks the biggest Spanish companies, rose by 52% this year. In contrast, the FTSE…
India has decided to extend its safeguard duty on certain steel imports, underlining the government’s continued push to protect local manufacturers from a prolonged wave of cheap overseas supply. The move comes as global steel markets remain under pressure from excess output, particularly from China, which has pushed prices to…
“The idea of AI taking your job seems very academic — until it doesn’t,” says Karthik Shetty, who was recently laid off by an IT giant in Bengaluru, India’s technology hub. No one will ever officially tell you that you’re being replaced by AI. But that is the reality. Many…
Biotech stocks have staged an impressive rally over the past six months, with the XBI index – key benchmark for small and mid-cap biotech names – posting one of its strongest stretches on record.Mizuho’s senior healthcare analyst Jared Holz believes this momentum is more than a short-term bounce.Speaking with CNBC,…
US-China relations have always been complex. Trade disputes were paused. Military risks were discussed but rarely confronted. Taiwan stayed central but unresolved.But 2026 could change everything. Big choices are now getting harder to delay, and the space for ambiguity is narrowing in ways that will test how serious both sides…
Fuelled by expectations that the demand for copper—a key metal in electrification—will exceed supply, the metal is set to record its largest annual gain since 2009.Copper, often referred to as the “red metal,” has seen a remarkable rally on the London Metal Exchange this year, surging by over 40% and…
Markets are closing the year with a shift in tone.Tonight’s digest tracks a cooling tech rally, a landmark energy-tech spinoff, and volatility across hard assets and crypto.From profit-taking in mega-cap stocks to silver’s violent reversal and Bitcoin flashing technical warning signs, the common thread is transition.As calendar-driven momentum fades and…
“Big Short” investor Michael Burry has turned his attention to Molina Healthcare (NYSE: MOH).According to him, the managed care firm could be a takeover target in 2026, likening it to Warren Buffett’s legendary investment in Geico.In his latest Substack post, Burry praised MOH for disciplined operations and Medicaid resilience, even…