Exxon mobil strikes Iraq deal to revive Majnoon oilfield
U.S. oil giant returns after two-year exit with profit-sharing and export rights agreement
BoE warns of market shock from AI hype and Fed credibility risks
Central bank says valuations echo dotcom bubble as global financial stability faces mounting threats
IMF highlights advances, complexities in sovereign debt restructuring
Bond restructurings see progress with collective action clauses; Coordination issues prolong negotiations with non-bonded creditors; IMF highlights gaps in loan and collateralized debt restructuring
Crypto race to tokenize stocks raises investor protection flags
Tokenized stocks can lack traditional investor rights and protections; Regulatory concerns grow over tokenization's impact on market stability
Britain won’t give more visas to Indian workers, Starmer says ahead of meeting with Modi
UK PM begins a two-day trip to India on Wednesday, bringing a trade mission of businesses to promote the trade deal
Bangladesh approves 220,000 metric tons wheat imports from US, hoping to ease trade tensions
Wheat, priced at $308 per ton, will be supplied through Agrocorp International, a Singapore-based trading house authorized by US Wheat Associates
Stocks ease, yen wobbles on political worries, gold cracks $4,000
Yen at lowest level since February, stokes intervention risks; Political turmoil in France in spotlight, weighs on euro
Gold builds on historic rally, soars past $4,000/ounce for first time
Rally fueled by interest rate cut expectations, political uncertainty, central bank purchases, ETF inflows, and a weaker dollar
Musk’s xAI nears $20 billion capital raise tied to Nvidia chips, Bloomberg News reports
Nvidia is investing as much as $2 billion in the equity portion of the deal
Tesla debuts ‘affordable’ Model Y and 3 that strike some as too expensive
Cars open for orders now; many locations show deliveries in December, January; Pricing disappoints some investors and analysts
Oil rises on fading oversupply fear after OPEC+ restrains output increase
Brent crude futures rise 40 cents, or 0.6%, to $65.85; US WTI climbs 44 cents, or 0.7%, to $62.17 a barrel
Gold hits fresh record near $3,977 as Goldman Sachs lifts 2026 price forecast to $4,900
ETF inflows, central bank demand and Fed rate outlook drive bullish projections; metal already up 51% in 2025
Bitcoin extends rally with new record after topping $125,000
World’s largest cryptocurrency pushes as high as $125,835.92 on Monday, marking second straight day of gains
Gold sails past $3,900 per ounce for the first time on safe-haven bids
Spot gold rises 0.9% at $3,922.28 per ounce, after hitting an all-time high of $3,924.39 earlier in the session; US gold futures for December delivery gain 1% to $3,947.30
Politics jolts markets as Japan stocks soar 4%, bitcoin leaps to record high with gold
Nikkei hits all-time high, yen slumps after policy dove elected ruling party head; Bitcoin, gold jump as traders snap up alternative assets amid US government shutdown