The United States (US) Federal Reserve (Fed) had a busy week. On Monday, the Fed asked local New York banks about their positions in USD/JPY, fueling speculation that the US may be preparing to work w...
Category: Finance
Live Finance News Updates.
Take-Two, Roblox and Unity crash after Google launches Project Genie AI
Stock prices for several video game companies dropped on Friday afternoon following Google’s announcement of a new artificial intelligence tool that can build interactive digital environments from bas...
Donald Trump Fed Chair Pick Set for Friday as Warsh Led Odds
Key insights President Donald Trump planned a Friday announcement on his Fed chair replacement. Kevin M. Warsh led prediction odds, while markets watched rates closely. Trump attacked Jerome H. Powell...
Kraken-backed KRAKacquisition Corp debuts on Nasdaq with $345M IPO
KRAKacquisition Corp, a special purpose acquisition company (SPAC) backed by cryptocurrency exchange Kraken, announced on January 30, 2026, that it had closed the upsized offering of 34.5 million unit...
DEXs and DeFi lead as Solana active addresses double to 5M+, daily txns jump to 87M
Solana has posted strong metrics in the first 30 days of 2026, according to on-chain analytics Nansen, carried by DEXs and its DeFi sector. According to a recent post from Nansen, the first 30 days o...
Potential recapitalization in financial sector – MUFG
Unconfirmed reports suggest that China may inject RMB 200 billion into large insurers to bolster their capital buffers, alongside an additional RMB 300 billion into major banks. This move aims to supp...
RBI expected to pause rate cuts – DBS Bank
DBS Bank’s Group Research discusses the upcoming Reserve Bank of India (RBI) monetary policy committee meeting scheduled for February 6, 2026. The report anticipates that the RBI will maintain i...
Supplementary budget signals upside risk – MUFG
Korea’s industrial production growth rebounded in December, indicating robust export growth. President Lee has signaled a potential supplementary budget to support various sectors, which could p...
Silver collapses over 30% as metals rout triggers historic washout
Silver (XAG/USD) sinks sharply by more than 30% on Friday as the precious metals segment is being punished by the financial markets, with the grey metal falling more than $38 at the time of writing. X...
Meta proves AI doubters wrong with $135 billion infrastructure push
Meta Platforms is pouring massive amounts of money into artificial intelligence, and the bet appears to be paying off through stronger advertising sales. The social media giant plans to spend up to 13...
Gold tanks below $5,000 as Warsh Fed pick, US inflation weigh
Gold price (XAU/USD) extends its losses on Friday, plunges nearly 10% to sink below $4,900 after US President Donald Trump revealed his pick for Fed Chair, while a hot inflation reading in the US just...
German inflation rises as ECB cuts rates for fifth straight time
Germany’s prices climbed a bit faster last month, official numbers showed Friday, just as the European Central Bank announced another interest rate reduction. The country’s inflation rate hit 2.1% in ...
USD/JPY jumps as US Dollar rebounds on hawkish signals, Warsh boost
USD/JPY rebounds around 154.50 on Friday at the time of writing, up 0.90% on the day, supported by a renewed recovery in the US Dollar (USD) after several weeks of weakness. The move comes as markets ...
Why BlockDAG’s Hybrid System Makes Its $0.05 Listing Price a Bargain
Altcoins BlockDAG’s hybrid blockchain solves the speed-security dilemma, handling 10,000 TPS effortlessly. Learn why the current $0.0005 presale makes this the best crypto to buy before the Mainnet go...
Central bank to hold policy steady – DBS Bank
DBS Bank’s Group Research expects Taiwan’s central bank to maintain its policy rate at 2.00% throughout 2026. The report highlights that inflation is projected to remain below the central ...
Nubank Advances U.S. Ambitions With National Banking Approval
Fintech Brazilian fintech giant Nubank, the largest digital bank in Latin America with more than 127 million customers, has taken a major step toward the U.S. market after receiving conditional approv...
Weakness concerns amid intervention – BNY
The Japanese Yen remains under pressure, with concerns raised by local business leaders about its excessive weakness impacting profitability and wage growth. The chairman of the Japan Chamber of Comme...
Dow Jones dips as Warsh Fed nomination sparks uncertainty
• Major indexes edged lower as investors digested Trump’s nomination of Kevin Warsh to succeed Fed Chair Powell in May. • Verizon surged on strong subscriber growth and upbeat 2026 guidance, whi...
USD/CHF rebounds as Warsh nomination and hot PPI support the US Dollar
The Swiss Franc (CHF) weakens against the US Dollar (USD) on Friday, as traders reassess the Federal Reserve (Fed) outlook following fresh signals from US President Donald Trump on the future leadersh...
HumidiFi’s WET token returns into the green after site downtime panic
HumidiFi’s token is up about 3% after ending an almost 10% dip earlier in the day as investors panicked over an earlier announcement from the team that the site is facing downtime. Not much else was ...
Rupiah stability remains uncertain – MUFG
The Indonesian Rupiah faces challenges amid a deteriorating fiscal picture and rising state-level borrowing. While Bank Indonesia’s commitment to FX stability may help slow depreciation, a susta...
NZD/USD retreats from six-month high amid US Dollar rebound
NZD/USD trades around 0.6035 on Friday at the time of writing, down 0.70% on the day, snapping a winning streak that began in mid-January. The pair pulls back after touching a six-month high at 0.6094...
Eli Lilly plans $3.5 billion Pennsylvania plant for obesity drugs
Eli Lilly Chair and CEO Dave Ricks speaks during a press conference in Houston, Sept. 23, 2025. Antranik Tavitian | Reuters Eli Lilly on Friday said it will spend more than $3.5 billion to build a man...
American Express wants even more credit card high spenders
American Express announces the new platinum business card. Courtesy: American Express American Express is finding that even for a provider of credit cards to the affluent, it pays to focus on the high...
Despite strong results, Apple, SoFi trend lower as Wall Street reflects on Warsh Fed nomination
You couldn’t have asked for more from either Apple (AAPL) or SoFi (SOFI) quarterly results. However, the market has taken a dim view of both as the focus is drawn to President Donald Trump’...
Did Canada enter a recession? GDP stalls in Q4 2025 as U.S. tariffs weigh on growth
Experts believe the Canadian economy experienced a contraction in Q4 2025 after Gross Domestic Product (GDP) growth went flat in November. The country faced a great deal of trade uncertainty last year...
PMI expectations and Lunar New Year caution – ABN AMRO
ABN AMRO’s report outlines expectations for January PMIs in China, with a consensus forecast indicating broad stabilization. Both manufacturing PMIs are expected to remain at or just above the n...
Warsh is a fantastic pick
Federal Reserve (Fed) Governor Stephen Miran said that he is really excited to see the good work he believes Kevin Warsh will do as Fed Chair after being nominated by President Donald Trump. In an int...
SoFi Technologies hits first $1B revenue quarter as Q4 profit surges to $174M
SoFi Technologies reported on Friday that it reached its first billion-dollar revenue quarter during Q4 2025. The report revealed that the firm’s net revenue reached approximately $1.113 billion, up a...
BOK to maintain rates amid low inflation – DBS Bank
DBS Bank’s Group Research projects that the Bank of Korea (BOK) will keep its base rate unchanged at 2.50% throughout 2026. The report indicates that January inflation is expected to ease, refle...
Fed needs to remain vigilant
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic said that inflation is too high and needs to come down, and that the Fed should be more patient for now, in an interview for CNBC. Key qu...
Slips below 1.3800 as Warsh nomination, hot PPI boosts USD
GBP/USD slips below 1.3800 as Warsh nomination, hot PPI boosts USD The Pound Sterling retreats on Friday, remaining below 1.3800 after the Trump administration revealed that Kevin Warsh to lead the Fe...