Yen slips as markets bet on Sanae Takaichi win and reflationary policies
The Japanese yen slipped as traders positioned for Sunday’s snap election, with markets expecting Prime Minister Sanae Takaichi to extend…
Tesla stays competitive in China as January EV shipments tick higher
Tesla remained a visible player in China’s crowded electric vehicle market in January, even as industry momentum continued to fade.…
Yum! to close 250 Pizza Hut stores as sales slump amid strategic review
Yum! Brands announced Wednesday that it will close approximately 250 underperforming Pizza Hut locations across the United States during the…
Gold back over $5,100/oz, silver surges 5% as US-Iran tensions escalate
Renewed geopolitical tensions between the US and Iran pushed gold prices higher on Wednesday, extending the yellow metal’s recent upward…
AI capex boom shifts focus from models to infrastructure and balance sheets
The AI investment cycle is slowly entering a new phase where excitement around models and demos is now defined by…
Should investors rotate into Asian equities as US uncertainty lingers?
Not many expected that Asian equities would outperform the US heading into 2026. US equities as currently struggling to hold…
China to bet on services to make consumers spend again, will it be enough?
China is turning to services and experiences as a new lever to revive domestic demand, as weak household confidence, a…
Why confirmation of Kevin Warsh’s Fed chair nomination might face hurdles
President Donald Trump has nominated Kevin M. Warsh as the next chair of the Federal Reserve, setting the stage for…
Gold slumps 3%, but set for its strongest monthly gain since 1980
Despite a sharp, more than 4% slide on Friday—fueled by rumors of a potentially more hawkish Federal Reserve chair—gold remains…
Xi and Starmer deepen cooperation on trade, visas, and technology amid visit
China and the United Kingdom moved cautiously toward rebuilding their relationship on Thursday, with President Xi Jinping telling Prime Minister…