A renewed emphasis by President Xi Jinping on building a 'strong financial nation' with a globally powerful currency is being interpreted as a signal for accelerated yuan internationalization, as global confidence in the dollar shows signs of strain.
Asian markets opened cautiously Monday as a historic metals sell-off reverberated across asset classes. Bitcoin slipped toward $75,000, while regional equities mostly fell. Investors brace for a critical week packed with corporate earnings, central bank decisions, and key economic data.
A senior Kremlin official has publicly endorsed President Trump's efforts to broker an end to the Ukraine conflict, calling renewed U.S.-Russia dialogue "productive" as a new round of trilateral talks is announced.
The Portuguese government has launched a massive financial aid package, combining loans and direct support, to accelerate recovery from the deadly Storm Kristin which left a trail of destruction across the country last week.
The vital Rafah border crossing between Egypt and the Gaza Strip reopened Sunday for limited passenger traffic, marking a significant shift after more than two years of closure. The move, part of a ceasefire deal, initiates a tightly controlled process allowing medical evacuations and returns, though humanitarian aid flow remains uncertain.
A five-year-old boy and his father have been released from immigration detention after a federal judge sharply criticized ICE's tactics, accusing the agency of a 'perfidious lust for unbridled power' in a case that has ignited national outrage.
Global markets stumbled on Monday, with Asian shares and U.S. futures declining sharply. The sell-off was led by a significant pullback in South Korean tech stocks amid renewed concerns over an AI sector bubble, while oil prices dropped over $2 per barrel.
Following a series of deadly coordinated attacks that left 33 dead, Pakistani security forces report killing 145 militants in a sweeping 40-hour operation across Balochistan. Officials allege the fighters were backed by India, a claim vehemently denied by New Delhi.
Israel has reopened the Rafah border crossing between Gaza and Egypt for limited pedestrian movement, a move long demanded by aid agencies. However, the crucial flow of humanitarian supplies remains restricted, and the reopening follows deadly violence in the area.
Prominent Venezuelan human rights defender Javier Tarazona has been released after over four years in detention on charges widely condemned as politically motivated, as the government announces a new amnesty law and the U.S. re-engages diplomatically.
The Israeli government has ordered Médecins Sans Frontières (MSF) to cease operations in Gaza by the end of February, citing the aid group's refusal to hand over details of its Palestinian staff—a move critics decry as a dangerous politicization of humanitarian aid.
Israeli authorities have issued expulsion orders to a Bedouin community near Ramallah, while settler attacks on schools and homes intensify across the occupied West Bank, further constricting Palestinian living space.
Voters head to the polls in Costa Rica, with the ruling right-wing populist party aiming to secure a decisive mandate and a legislative supermajority to tackle record violence and political gridlock.
A five-year-old boy and his father are back in Minnesota following their release from a Texas immigration detention facility, a case a federal judge called the result of an 'ill-conceived' pursuit of deportation quotas that traumatizes children.
A senior Justice Department official has indicated that the recent massive release of Jeffrey Epstein-related documents is unlikely to lead to new federal prosecutions, stating that the trove of 'horrible photographs' and emails does not itself constitute prosecutable evidence, even as the revelations trigger political fallout abroad.
A 2011 email to Jeffrey Epstein detailed a bold proposal to identify and recover billions in frozen Libyan state assets, with claimed backing from former intelligence operatives, as the country descended into civil war.
A federal appeals court has thrown out a Justice Department misconduct complaint against a judge who blocked deportations to El Salvador's notorious prisons, citing a lack of evidence. The ruling highlights ongoing tensions between the judiciary and executive branch over immigration enforcement.
Nomura's digital asset arm, Laser Digital, reports quarterly losses leading to reduced crypto exposure, even as it aggressively pursues a US banking charter and global expansion, highlighting a dual-track strategy of short-term risk management and long-term infrastructure build-out.
President Trump's anticipated nomination of former Fed Governor Kevin Warsh, a vocal critic of the central bank's post-crisis asset purchases, is shifting market focus from interest rates to the future of the Fed's $6.6 trillion balance sheet and its fundamental role in financial markets.
Shares of the global auto parts giant have retreated nearly 8% over the past month, trading at a significant discount to industry peers. A deep dive into valuation models suggests the market may be overlooking Magna's strategic positioning in the electric vehicle supply chain.
