Markets wrapped the day, juggling easing inflation, central bank politics, and rising geopolitical risk.A cooler US CPI print revived expectations for earlier Fed rate cuts, while an unusual alliance of global policymakers and Wall Street leaders rallied behind Chair Jerome Powell amid signs of political pressure.Meanwhile, oil surged as Washington…
China’s export growth in December sharply exceeded market expectations, helping push the country’s annual trade surplus to a record $1.19 trillion in 2025, even as imports rebounded at their fastest pace in three months. The data underscored the resilience of China’s manufacturing sector amid lingering domestic weakness and ongoing, though…
US Secretary of State Marco Rubio held talks with India’s External Affairs Minister Subrahmanyam Jaishankar on Tuesday, underscoring renewed diplomatic engagement as uncertainty continues over when the two countries will finalize a long-pending trade agreement aimed at easing Washington’s punitive tariffs on New Delhi.According to a statement from the US…
The race to $100 for silver is increasingly becoming a reality rather than a fever dream.Silver prices breached the $90-per-ounce for the first time ever on Wednesday as the rally continued amid expectations of further interest rate cuts by the US Federal Reserve in 2026. At the time of writing, the…
Asian markets advanced on Wednesday, led by a rally in Japanese shares, as investors positioned for the possibility of fresh fiscal stimulus in Japan and digested a complex mix of geopolitical risks, central bank concerns, and shifting currency dynamics. At the same time, cryptocurrencies climbed, precious metals surged to record…
Coca-Cola has abandoned plans to sell its Costa Coffee chain after offers from private equity firms failed to meet expectations, the Financial Times has reported.The US beverage group ended talks with remaining bidders in December, drawing a close to a months-long auction process, according to the FT report citing people…
Pakistan has signed an agreement with a firm connected to World Liberty Financial, the crypto platform backed by the family of US President Donald Trump, to explore the use of a dollar-pegged stablecoin for cross-border payments, Reuters reported on Wednesday, citing a source involved in the deal.The agreement marks one…
Saks Global, the parent organisation of the storied American luxury department store chain Saks Fifth Avenue, filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the Southern District of Texas late Tuesday.The filing represents a critical turning point for the retailer as it grapples with a mounting…
Infosys Ltd., India’s second-largest IT services company, reported a mixed performance for the third quarter, marked by a decline in profit but steady revenue growth and an improved outlook for the coming fiscal year. The results highlight both the near-term pressures facing the sector and early signs of stabilisation in…
The Nikkei 225 Index continued its strong rally this week, reaching its highest level on record as the “Takaichi trade” accelerated. Its surge coincided with the ongoing Japanese yen crash. It jumped to a record high of ¥54,435, up by 76% from its lowest point in April last year.Japan stocks…