The Australian Dollar (AUD) holds gains against the US Dollar (USD) on Monday after the People’s Bank of China (PBOC), China’s central bank, announced to leave its Loan Prime Rates (LPRs) unchan...
Category: Finance
Live Finance News Updates.
Gold reaches all-time high near $4,380 amid safe-haven flows
Gold (XAU/USD) rises and hits its record high around $4,380 during the Asian session on Monday. The precious metal gains momentum as the Israel-Iran conflict and the rising in US-Venezuela tensions bo...
Google warns US that slow AI oversight could cost innovation edge
The Vice President of Privacy, Safety, and Security Engineering at Google, Royal Hansen, released a statement addressing several lawmakers who are requesting to ease the process of AI in the United St...
WTI rises to one-week high amid geopolitical tensions, eyes $57.00
West Texas Intermediate (WTI) US Crude Oil prices kick off the new week on a positive note and touch a one-week top, around the $57.00 neighborhood during the Asian session. The intraday rise, however...
MoonPay President says tokenization will disrupt finance faster than digital media
Keith Grossman, the president of crypto payments company MoonPay, says tokenization will reshape the financial industry faster than digital technology has upended legacy media, which includes print ne...
PBOC sets USD/CNY reference rate at 7.0572 vs. 7.0550 previous
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0572 compared to Friday’s fix of 7.0550 and 7.0407 Reuters estimate. PBOC FAQs The p...
GBP/USD gains ground near 1.3400 ahead of UK Q3 GDP data
GBP/USD gains ground after three days of losses, trading around 1.3390 during the Asian hours on Monday. The pair depreciates as the Pound Sterling (GBP) holds ground ahead of the release of the Unite...
NZD/USD recovers from two-week low; upside potential seems limited
The NZD/USD pair attracts some dip-buyers near the 0.5745-0.5740 region during the Asian session on Monday, and for now, seems to have stalled its retracement slide from the highest level since Octobe...
US pursuing third oil tanker in Venezuela Blockade — Reuters
The United States (US) is still in pursuit of a third oil tanker near Venezuela, officials told Reuters on Sunday, as US President Donald Trump intensifies an oil blockade on Nicolás Maduro’s governme...
Cardano’s Hoskinson warns against rushing post-quantum upgrades
Cardano founder Charles Hoskinson has issued a clear warning to the broader blockchain industry about rushing into post-quantum cryptography upgrades, arguing that premature implementation could degra...
Israel PM Netanyahu plans to brief Trump on potential new Iran strikes
Israel’s Prime Minister Benjamin Netanyahu said over the weekend that officials are growing worried that Iran is expanding production of its ballistic missile program, which was damaged by Israe...
Euro posts modest gains above 1.1700 as ECB signals pause
The EUR/USD pair posts modest gains around 1.1710 during the early Asian session on Monday. The Euro (EUR) strengthens against the Greenback after the European Central Bank (ECB) left its policy rates...
Japanese Yen strengthens to near 157.50 amid Fed rate cut expectations
The USD/JPY pair loses ground to near 157.50 during the early Asian session on Monday. The prospect of further US Federal Reserve (Fed) interest rate cuts in 2026 weighs on the US Dollar (USD) against...
Fed’s Hammack says holding rates steady for months is her base case for now
Federal Reserve Bank of Cleveland President Beth Hammack said that monetary policy is in a good place to pause and assess the effects of 75 basis points (bps) of rate cuts in the economy during the fi...
Santa knocking on the door
S&P 500 held Thursday‘s regular session lows, and just rose after Friday‘s opening bell. Those intraday retreats were good enough just for quick intraday gains, particularly as it became apparent ...
South Korea looks at distributing government subsidies in new CBDC test phase
The Bank of Korea (BoK) is reportedly preparing to launch the second phase of its central bank digital currency (CBDC) pilot, with a key emphasis on testing the distribution of government subsidies th...
Blackout leaves Waymo robotaxis stranded, Alphabet pauses service in San Francisco
A major blackout has slammed San Francisco and left Alphabet’s Waymo robotaxis stuck on streets across the city, forcing Alphabet to pause its driverless ride-hail program in the Bay Area. Pacific Gas...
AI fraudsters forge art authenticity docs, rattling galleries and insurers
Art galleries and insurers are dealing with a flood of forged documents built with AI, a trend now changing how people file claims, seek valuations, and defend ownership records, according to the Fina...
Tether Moves Toward Consumers With New Self-Custodial Wallet
Fintech Tether is laying the groundwork for a much more visible role in everyday crypto use, moving away from its long-standing position as a behind-the-scenes stablecoin issuer and toward direct inte...
We are headed for ‘massive recession,’ and the ‘Fed is blind’, warns top economist
Economist Henrik Zeberg has warned about the direction of the U.S. economy, arguing that the Federal Reserve is failing to recognize clear signals pointing to a severe downturn. According to Zeberg, t...
Kevin Hassett says tariff refund logistics could doom wide rebate push
A fight over Trump’s tariffs is turning into a headache over money flow, and Kevin Hassett is the one spelling out how messy it could get. He warned that a Supreme Court ruling that kills the tariffs ...
OpenAI’s profit potential improves as compute margins near 70%
OpenAI’s compute margin is has hit 70%, according to The Information, which said the number rose from 52% at the end of 2024 and was roughly half of today’s level at the start of that same year. The r...
Intel’s stock rally doesn’t erase long‑term competitive roadblocks
Intel’s stock rose 86% for the year after a rush of new money from the US government, Nvidia, and SoftBank, plus the hiring of a new CEO. But the company still entered 2026 without a single major outs...
Xbox loses race to PlayStation and Switch as Microsoft rethinks its hardware future
Xbox is slipping far behind PlayStation and Switch, and the numbers look worse each quarter. The platform has been hit with layoffs, studio closures, price jumps and weak console sales. Many people in...
F2Pool co-founder reports 490 Bitcoins loss to ‘generous hacker’
Wang Chun, a co-founder of the major Bitcoin mining pool F2Pool, recently shared a personal anecdote from last year while sharing his opinion on a separate phishing incident that cost another person 5...
Wall Street stays bullish on Nvidia as BofA, Jefferies and Bernstein double down
Wall Street is sticking with Nvidia even as the stock gets dragged around by valuation fears, louder rivals, and the latest back-and-forth between Washington and Beijing. The NVDA stock has been deali...
Tencent taps Tokyo and Sydney Nvidia GPU hubs amid export restrictions
A data center outside Osaka now runs thousands of Nvidia’s newest chips for Tencent, giving the company a path around Washington’s hardware limits while keeping everything within legal bounds. The GPU...
2 best performing Jim Cramer 2025 picks
In a year defined by elevated volatility, two of Jim Cramer’s 2025 stock picks have emerged as clear outperformers. Their gains stand out not only for their magnitude but also because they run counter...
Prediction markets prevent crazy opinions on emotionally charged topics, Buterin
Vitalik Buterin, Ethereum co-founder, revealed through a series of posts on Farcaster that he believes prediction markets are the antidote to crazy opinions. Ethereum co-founder Vitalik Buterin debat...
Millions of New Cryptocurrencies Flood the Market in 2025
Altcoins The pace of cryptocurrency creation accelerated sharply in 2025, underscoring how dramatically the structure of the digital asset market has changed. Data compiled by CoinMarketCap shows that...
Polymarket copy traders warned of malicious private key-stealing code
Security-oriented researchers and companies have warned about a popular, open-source Polymarket copy trading bot hosted on GitHub. The bot was created by a developer under the handle “Trust412,” and ...
Bank Insider Drains $140,000 From US Government Using Illegally Obtained Customer Information
Bank Insider Drains $140,000 From US Government Using Illegally Obtained Customer Information – The Daily Hodl ...