Tag : financial markets

Business

South Korea central bank hits record annual profit

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SEOUL: The Bank of Korea said on Friday that its 2025 net income climbed to a record 15.3275 trillion won, nearly doubling from the previous year as gains...
Business

Alphabet becomes fourth company to cross $4 trillion valuation

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MENA Newswire, SAN FRANCISCO: Shares of Alphabet Inc. rose sharply on Monday, lifting the Google parent’s market capitalization above $4 trillion for the first time and placing it among...
Business

Bitcoin and crypto markets react to global $17.3 trillion oil shock

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CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital...
Business

Gold prices surge to record high near 4500 per ounce

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LONDON, December 24, 2025: Gold prices surged to an all-time high on Monday, approaching the $4,500 per ounce mark, as investors sought stability amid volatile global...
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Bitcoin remains volatile near $94K as traders eye resistance levels

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Bitcoin remains volatile near $94K as traders assess key support levels, with institutional buying offering some stability amid mixed technical indicators and broader market uncertainty....
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Franklin Templeton’s Solana ETF filing highlights blockchain growth

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Franklin Templeton has filed for a Solana ETF on Cboe BZX Exchange as institutional interest in alternative cryptocurrencies continues to rise in the evolving digital...
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Investors drive gold to new peaks on fears of trade policy impact

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Gold soars past $2,950, reaching record highs as investors seek safety amid trade tensions, falling yields, and central bank demand, pushing markets toward defensive strategies....
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UK inflation rises to 3% in January, surpassing expectations

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UK inflation surged to 3% in January, surpassing forecasts, with rising transport and food costs fueling the increase, according to the Office for National Statistics....
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HSBC job cuts in Hong Kong part of $2.5B savings plan

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HSBC will announce $1.5 billion in cost savings and 40 job cuts in Hong Kong as it restructures, with further layoffs expected as part of...
Business

Defense sector sees supercycle as European military budgets grow

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European markets surged as defense and banking stocks drove the STOXX 600 to a record high, fueled by military spending growth and easing trade tensions....