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Crypto pushes back against bank groups targeting stablecoin issuers
There is a big-money lobbying fight going on on Capitol Hill pitting banks against the fast-rising crypto industry, with potentially trillions of dollars at stake. The banks want lawmakers to broaden ...

Trump admin Treasury touts trade deficit reduction due to tariff, spending strategies
The Trump administration’s Treasury claims its tariff strategy and tighter control of government spending are finally working to reduce the country’s massive trade deficit, according to internal analy...

India finally agrees to reduce Russian oil imports as part of U.S. trade deal
India is finally actually preparing to reduce its Russian oil imports as Washington moves closer to finalizing a major trade agreement that could drop tariffs on Indian goods from 50% down to 15%–16%,...

Asia pulls back from peaks even as U.S.’s Dow holds firm at record high
Global markets struggled for direction on Wednesday after a chaotic 24 hours that saw Wall Street touch historic levels while Asia-Pacific equities stumbled. According to data from CNBC, U.S. stock fu...

Capital One plans $16 billion stock buyback after strong Q3 earnings
Capital One has announced plans to repurchase up to $16 billion of stock after reporting a profitable third quarter. The bank’s net income jumped 80% to $3.19 billion at $4.83 per share, with the adju...

SoftBank plans $2B bond sale amid aggressive push into AI
SoftBank Group Corp., the Japanese multinational conglomerate holding company, is on a fundraising spree to support its ambitious Artificial Intelligence (AI) initiatives, particularly its investment ...

Hong Kong’s SFC green-lights first spot Solana ETF
ChinaAMC’s Solana ETF becomes the region’s third approved crypto fund after Bitcoin and Ethereum, as US regulatory progress for the same product stalls. The Hong Kong Securities and Futures Commission...

Prediction-market activity explodes in Q3 with volumes exceeding $3 billion
Prediction markets went absolutely parabolic last quarter. Kalshi and Polymarket just posted record-shattering numbers in the third quarter of 2025, with over $3 billion in notional volume, more than ...

Japan’s new PM orders major stimulus package to fight inflation
Japan’s newly elected Prime Minister Sanae Takaichi has instructed the development of a new package of economic measures to address the effects of inflation on families and businesses. Takaichi was el...

Asia markets dip, led by tech selloff as investors await U.S. inflation data
Asia markets mostly lower on Wednesday, as tech stocks led the retreat following a modest pullback in Wall Street’s Nasdaq ahead of key U.S. inflation data later this week and the FOMC meeting next we...

Trump said his planned meeting with Xi Jinping might not happen
U.S. President Donald Trump told reporters on Tuesday that his expected meeting with Chinese President Xi Jinping may not take place as planned, even though it was scheduled to happen in about two wee...

Russian state to penalize citizens transacting with crypto involved in unauthorized turnover of cryptocurrencies
Russian authorities may soon introduce penalties for people involved in unauthorized turnover of cryptocurrencies in the country. According to Russia’s chief prosecutor, the measures to curb such acti...