South Korea’s financial reports revealed that the country’s price growth declined at a slower rate, mainly due to a slight increase in food and general living costs. However, even with this finding, c...
Category: Finance
Live Finance News Updates.
Sen Lummis backs market structure legislation to combat illicit finance
Senator Cynthia Lummis (R-WY) has gone out of her way to back the bipartisan digital asset market structure legislation that she has played an active role supporting and shaping of throughout the year...
Zigzag correction likely to find support for extension to new highs [Video]
Russell 2000 Futures (RTY) has broken to a new all‑time high, and this confirms that the broader trend remains bullish. The cycle from the April 2025 low continues to advance as an impulse. Wave ((4))...
XAG/USD dips to near $72.50 as CME raises margins
Silver price (XAG/USD) has lost its nearly a 4.5% gain registered in the previous session, trading around $72.50 during the Asian hours on Wednesday. Silver prices came under pressure after the CME ra...
Struggles to extend advance above 1.1800
The EUR/USD pair posts a fresh weekly low near 1.1740 during the Asian trading session on Wednesday. The major currency pair is under pressure as the US Dollar (USD) edges higher despite Federal Open ...
Gold climbs on US rate cut expectations, geopolitical tensions
Gold price (XAU/USD) extends the rally above $4,350 during the Asian trading hours on Wednesday. Gold’s price has surged about 65% this year and is set to record its biggest annual gains since 1...
USD/CAD consolidates around 1.3700 before heading to New Year eve
The USD/CAD pair trades in a tight range around 1.3700 during the Asian trading session on Wednesday. The Loonie pair consolidates at the start of the last trading day of 2025 amid thin trading volume...
WTI stays below $58.00, nears 20% yearly drop
West Texas Intermediate (WTI) Oil price loses ground after two days of gains, trading around $57.70 per barrel during the Asian hours on Wednesday. WTI is down nearly 3% in December, heading for a fif...
New Zealand Dollar holds losses below 0.5800 despite upbeat Chinese PMI data
The NZD/USD pair holds losses near 0.5785 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) remains weak against the US Dollar (USD) despite the upbeat Chinese economic data. T...
China’s RatingDog Manufacturing PMI rises to 50.1 in December
China’s RatingDog Manufacturing Purchasing Managers’ Index (PMI) rose to 50.1 in December from 49.9 in November, the latest data published by RatingDog showed on Wednesday. AUD/USD reactio...
Australian Dollar remains steady following China’s NBS PMI
The Australian Dollar (AUD) inches higher against the US Dollar (USD), holding ground for the second successive session. Volumes are expected to be thin due to the New Year’s holiday in Australi...
China’s NBS Manufacturing PMI rises to 50.1 in December, Non-Manufacturing PMI climbs to 50.2
China’s official Manufacturing Purchasing Managers’ Index (PMI) rose to 50.1 in December, compared to 49.2 in the previous reading. The reading came in above the market consensus of 49.2 in the ...
PBOC sets USD/CNY reference rate at 7.0288 vs. 7.0348 previous
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0288 compared to the previous day’s fix of 7.0348 and 6.9945 Reuters estimate. PB...
Pound Sterling trades flat above 1.3450 amid thin trading volume
The GBP/USD pair holds steady around 1.3465 during the early Asian trading hours on Wednesday. However, the Bank of England (BoE) guided that monetary policy will remain on a gradual downward path, wh...
Price wars and sales drop put China EV makers on survival footing for 2026
China’s electric vehicle market is no longer exploding, it’s tightening. The gold rush is fading, and automakers are being dragged into a brutal fight to survive. In 2025, both Tesla and BYD posted lo...
USD/JPY treads water near 156.00 as the year draws to an end
USD/JPY remains caught in near-term congestion just north of the 156.00 handle during the final week of 2025’s trading year. Yen traders are battling headwinds on multiple fronts, with the Bank of Jap...
EIA postponed U.S. oil report to after market close after DOGE‑era cuts
The EIA delayed its Weekly Petroleum Status Report by several hours on Monday, leaving oil traders without expected data during active market hours. The report covers U.S. crude oil and refined produc...
AUD/USD flubs key technical level amid holiday trading conditions
AUD/USD strung itself along the 0.6700 handle for the second day in a row as the Aussie-Dollar pairing grapples with end-of-year market volumes restraining overall momentum. The Australian Dollar is l...
Euro softens below 1.1750 after Fed Minutes
The EUR/USD pair attracts some sellers near 1.1745 during the early Asian session on Wednesday. The US Dollar (USD) edges higher against the Euro (EUR) after the release of minutes from the Federal Re...
Tesla’s fading order turns into an $800 million wealth setback for the board
A $2.9 billion deal with Tesla and L&F Co. has collapsed into just $7,386 on paper, a 99% plunge that has blown a massive hole in the company’s value and crushing the fortune of the family that ow...
BlackRock Reaches $100M in BUIDL Dividends & $2B in Assets
Key Insights: BlackRock has distributed a record $100 million in dividends through its tokenized money market fund, BUIDL, since its launch in March 2024. The BlackRock BUIDL news comes just after on-...
Materials sector earnings seen rising ~20% in 2026 as U.S. tariffs strengthen pricing power
Earnings in the materials sector are expected to climb about 20% in 2026, according to Bloomberg Intelligence. That would make it the best performance in five years for the group, second only to tech....
SoftBank completes $40 billion OpenAI funding with final $22 billion tranche
SoftBank has officially wrapped up its monster $40 billion investment in OpenAI, finishing things off with a final payment of around $22 billion, according to a report from CNBC. Allegedly, the last t...
Chipmakers must prove 50% home‑grown gear in procurement to win China’s state clearance
Chipmakers now face a hard requirement before adding new factory capacity, as they must show that at least 50% of their equipment is domestically made to secure state approval, according to a report f...
Lighter users face withdrawal disruptions as the team remains silent
Users on the Lighter perpetual trading platform are experiencing technical issues with withdrawals. The DEX officials have not yet issued a formal announcement to explain the origin of the delay and w...
South Korea to limit ownership stakes in big four exchanges under 20%
The South Korean government is imposing strict ownership restrictions on its largest cryptocurrency exchanges under the Digital Asset Framework Act. The Financial Services Commission plans to impose ...
Fed minutes expose cracks in policymaker unit
Federal Reserve policymakers can’t seem to agree on when they’ll cut borrowing costs again. Most say further cuts could happen if prices keep cooling, but several officials think rates need to stay pu...
X restores ElizaOS, founder accounts, sets off 150% token price surge
After a six-month ban, X restored the accounts of Shaw Walters and that of his agentic AI platform, ElizaOS, and it has set off a chain reaction in the token price, which has risen by over 150% within...
Venture Capitalists see enterprises increasing AI funding in 2026
Venture capitalists are forecasting that a majority of enterprises will increase their budgets for AI in 2026. This comes as businesses are largely turning to AI on the back of its transformative abil...
Canadian Dollar flatlines with lack of catalysts
The Canadian Dollar (CAD) flatlined on Tuesday, holding in a near-term range against the US Dollar (USD) as markets grind their way through the end-of-year slowdown. Market momentum remains absent wit...
FOMC officials open to more rate cuts, USD firmer
Here’s what you need to know on Wednesday, December 31st: The highlight of the day was the Federal Open Market Committee (FOMC) Minutes from the December meeting, released in the American afternoon. T...
The “boring” stocks became the AI winners of 2025, and nobody saw it coming
The artificial intelligence investment game is changing. While tech giants spent 2025 pouring money into new data centers, a different set of companies ended up stealing the show, the ones making the ...