Reading Time : 2 minutesOil prices fell sharply after a U.S.-brokered ceasefire between Iran and Israel reduced supply fears. Combined with weak U.S. consumer sentiment and rising oil output elsewhere, Brent and WTI both dropped around 6%, erasing the recent risk-driven gains.
Reading Time : 2 minutesIndia has tightened restrictions on gold imports to combat smuggling, limiting alloys with over 1% gold and colloidal precious metals. Building on earlier measures targeting UAE shipments, the new rules aim to close loopholes while allowing essential imports for industry. This balanced approach strengthens regulatory oversight and supports legitimate trade, safeguarding the economy and fair market practices.
Reading Time : 2 minutesAmazon and Walmart are exploring the launch of stablecoins to cut transaction fees and gain more control over payments. Legislative changes could enable this shift, but the plans are still early. If implemented, it could reshape the way people pay both in-store and online, with ripple effects across banking and fintech.
Reading Time : 2 minutes Switzerland is set to join a global network for automatic crypto asset data exchange by 2027, enhancing tax transparency and regulatory cooperation. This move aligns with OECD standards and includes most EU and G20 countries, excluding some major powers. Swiss crypto firms will face new compliance rules, marking a key step in global crypto regulation.
Reading Time : 2 minutes Switzerland has proposed strict capital rules targeting UBS, including $26B in extra capital and full foreign subsidiary coverage. UBS calls it extreme, but markets stayed calm.
Reading Time : 2 minutes Asia’s ETF market is exploding with innovation, driven by rising demand for diversification, active strategies, and leveraged exposure. With nearly $1 trillion in assets, the region is fast becoming a global ETF leader.
Reading Time : 2 minutes Trump’s new 25% tariffs on pharmaceuticals aim to boost U.S. manufacturing. The move could reshape global drug supply chains and spark retaliation. Major exporters like Ireland, China, and Germany may face steep losses. Consumers in the U.S. could see rising prices.
Reading Time : 2 minutes The SEC has ruled that meme coins like $TRUMP do not meet the criteria of securities under the Howey test. Their value is driven by speculation and community hype, not managerial efforts, placing them outside SEC jurisdiction. This leaves investors without typical protections and raises questions about future regulatory oversight in the evolving crypto space.
Reading Time : 2 minutesRio Tinto and Codelco have partnered to develop Chile’s high-grade Salar de Maricunga lithium project. With a $900 million phased investment and advanced Direct Lithium Extraction technology, the joint venture aims to deliver lithium by 2030, boosting Chile’s global lithium supply while promoting sustainable resource development.
Reading Time : 2 minutes Moody’s downgraded the US credit rating from AAA to Aa1 due to rising debt and interest burdens. It’s a historic shift with global impact, sparking market jitters and political pushback.
Reading Time : 2 minutesSaudi Arabia partners with NVIDIA to create a global AI hub, advancing AI factories, digital twins, and smart city solutions, supporting Vision 2030 goals.
Reading Time : 2 minutes India is set to be the fastest-growing major economy in 2025 with 6.6% growth, driven by consumption, exports, and strong monsoons.
Reading Time : 2 minutes Coinbase is being investigated by the SEC over claims it exaggerated user numbers. At the same time, the company faces backlash from a major data breach.
Reading Time : 2 minutes Trump signed an executive order to create a U.S. Bitcoin reserve, pushing to make the country the global crypto leader. The move sparks heated debate, with supporters hailing innovation and critics warning of volatility and state-backed speculation.
Reading Time : 2 minutes A temporary reduction in US-China tariffs has been agreed upon, easing economic tensions. But both sides remain cautious, aware that the deeper political rift hasn’t healed. Xi Jinping warns against bullying, while Washington keeps its guard up.
