US home resales surge as mortgage rates hit lows not seen since 2022, boosting market activity. Analysts predict a hopeful outlook for buyers and sellers in 2026.
Saks Global Enterprises' bankruptcy leaves luxury giants Chanel, Kering, and LVMH facing a $225 million loss, highlighting broader struggles in the luxury retail sector.
Trump's proposal to cap credit card interest rates at 10% faces backlash from major banks, citing potential economic slowdown and credit market disruptions amid ongoing legislative challenges.
Venezuela is poised to increase its oil output by 50% as geopolitical shifts and U.S. investment jumpstart recovery. Challenges remain in infrastructure and market stability.
Venezuela's political scene shifts as Maduro is captured by the U.S., with opposition leader Machado gaining support and sparking discussions on the nation's future governance.
South Korea's won hits its weakest level since the financial crisis, driven by local investment in US equities and yen weakness, prompting intervention talks.
Japanese PM Sanae Takaichi plans a snap election to secure a mandate for strengthening leadership, focusing on economic and defense strategies amid domestic challenges.
Japan's five-year bond auction faces weakest demand since August 2025 amid political and inflationary concerns, impacting yields and prompting market apprehensions about future fiscal policies.
ExodusPoint and Lighthouse Canton bolster their financial teams by hiring seasoned executives from Goldman Sachs, BNP Paribas, and Deutsche Bank, reflecting a strategic move to navigate market challenges.
Skild AI's valuation soars to $14 billion, while Etched raises $500 million to challenge Nvidia's dominance in the AI chip market, reflecting significant industry shifts.
Alibaba and JPMorgan are supporting Chinese chip designer Montage Technology's Hong Kong IPO, as Baidu considers upgrading its listing status, highlighting booming interest in tech investments.
The U.S. is easing Nvidia's H200 chip sales to China, with new export regulations allowing case-by-case assessments, potentially boosting Nvidia profits but raising security concerns.