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U.S. banks stuck on collateral talks as $20 billion Argentina loan nears finalization
The cohort of banks, comprising Bank of America, Goldman Sachs, Citigroup, and JPMorgan Chase, are experiencing challenges in assembling a $20 billion loan to Argentina without exposing themselves to ...
Russia hints at recognizing crypto as property for equal splits among separating spouses
A draft law filed in the Russian parliament proposes to recognize cryptocurrency as jointly owned property, subject to division upon divorce. The sponsors of the legislation seek to solve an outstandi...
Trump dismisses Taiwan tensions as Chinese expansion worries grow
The 47th POTUS, Donald Trump, has, in his recent statements, downplayed the immediate risk of conflict over Taiwan during a meeting with Australian Prime Minister Anthony Albanese at the White House. ...
Chinese battery shipments jump 220%, raising oversupply concerns abroad
Beijing’s battery manufacturing firms have secured approximately 200 overseas orders (+220% YoY) in H1 2025, totaling 186 gigawatt-hours, after an overcapacity slump in 2024. The country plans to inje...
Senate Republicans open dialogue with crypto leaders as policy talks progress
Senate Republicans are scheduled to meet with top crypto executives next week. This follows a similar meeting between industry leaders and Senate Democrats, signaling a renewed push toward bipartisan ...
Coinbase calls on US regulators to use AI and blockchain in tackling crypto fraud
Coinbase has urged the US government to consider adopting blockchain analytics, AI, and other emerging technologies to address financial crime in the cryptocurrency sector effectively. This appeal was...
Washington and Canberra sign $8.5 billion pact to curb China’s minerals dominance
President Donald Trump and Prime Minister Anthony Albanese signed an $8.5 billion critical-minerals deal at the White House on Monday, locking in a strategic move by the United States and Australia to...
Japan trims Russian LNG imports as geopolitical pressure mounts
Japan’s Trade Minister Yoji Muto said on Tuesday that the country has been “steadily reducing dependency on Russian energy in the wake of the Ukraine war,” but warned it can’t immediately stop imports...
Germany’s banks democratize private equity for retail clients
German retail banks are increasingly offering private equity funds to the country’s growing pool of small-scale investors, with lenders from Deutsche Bank to fintech star Trade Republic looking to tap...
Asia stocks surge on easing US-China tensions; Takaichi PM prospects fuel Japan rally
Asia markets higher on Tuesday as sentiment strengthened after a rally on Wall Street overnight, from easing U.S.-China trade tensions. The risk-on mood was established overnight by a robust finish on...
China confident on growth goals despite economy’s weak performance
China reported its slowest economic growth in a year but insisted it remains on course to meet its annual targets, helped by strong export numbers that have cushioned weak domestic activity. The count...
Asia stocks rise on China data, trade talks; Nikkei hits record highs on Takaichi bet
Asia stocks trade higher on Monday, driven by a split between political optimism in Japan and economic data in China. Japanese shares soared to a new record as investors bet on Sanae Takaichi securing...