Evening digest: tech rally cools, Kraken spins out, Bitcoin flashes warning signs
Markets are closing the year with a shift in tone. Tonight’s digest tracks a cooling tech rally, a landmark energy-tech…
FOMC minutes: Fed officials feared ‘entrenched’ inflation- here’s why 3 refused to cut
The Federal Reserve cut rates by a quarter percentage point on December 10, but beneath the surface, the official meeting…
India extends steel import tariffs to shield domestic producers
India has decided to extend its safeguard duty on certain steel imports, underlining the government’s continued push to protect local…
Why 2026 could be the year US-China tensions over Taiwan reach boiling point
US-China relations have always been complex. Trade disputes were paused. Military risks were discussed but rarely confronted. Taiwan stayed central…
Copper on track for biggest annual gain since 2009 amid supply crunch
Fuelled by expectations that the demand for copper—a key metal in electrification—will exceed supply, the metal is set to record…
US initial jobless claims surprise again, hit 199K, lowest level in months
US jobless applications fell to 199,000 in the week ending December 27, marking the lowest reading in weeks. The figure…
Gold, silver set to register record gains; oil faces biggest annual drop since 2020
Gold prices slipped on Wednesday, but were on track for steepest annual gains since 1979. Silver prices more than doubled…
Mexico braces for trade turbulence as USMCA review looms in 2026
After a complex year marked by US President Donald Trump’s trade war, Mexico is entering 2026 with heightened challenges due…
Europe bulletin: FTSE 100 surge, defense pivot, Kremlin drone claim
European markets and politics closed the year on sharply diverging trajectories. London stocks delivered their strongest performance since the financial…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…