Forex

How Trump is using US gas to reshape Asia’s energy ties

A seemingly ordinary lunch between President Donald Trump and a then Japanese politician Shigeru Ishiba this month peeled back the curtain on a bold vision: to reshape Asia’s energy landscape with American natural gas, a vision that has been lo...

Standard Chartered to repurchase $1.5B in shares after reporting 18% profit surge

Standard Chartered announced a $1.5 billion share buyback on Friday alongside an upgraded earnings target, following an 18% surge in annual profit. The bank attributed the strong performance to record growth in its wealth management division and robu...

Alibaba shares surge 11% in Hong Kong as strong earnings fuel China’s e-commerce rebound

Alibaba shares soared in Hong Kong on Friday, climbing as much as 11% after the Chinese tech giant reported robust quarterly earnings. The strong performance was driven by growth in its cloud intelligence and e-commerce segments, signaling a broader...

Meta executives eligible for 200% salary bonus under new pay structure

Meta executives are set to receive significantly larger bonuses this year, even as the company implements layoffs affecting 5% of its workforce. According to a corporate filing on Thursday, Meta’s board approved an increase in the target bonus percen...

Asia-Pacific markets mixed as Japan inflation data, Trump tariff threats weigh on sentiment

Asia-Pacific markets traded mixed on Friday as investors reacted to Japan’s inflation hitting a two-year high and weighed the potential impact of renewed tariff threats from US President Donald Trump. While some regional indexes posted gains, concern...

USD/JPY prediction after strong Japan inflation data

The USD/JPY exchange rate remained under pressure on Friday after Japan released the latest consumer inflation data. It rose slightly to 150.55 on Friday morning, a few points above this month’s low of 149.3. So, what next for the Japanese yen? Japan...

Long NZD/CHF: the market structure indicates the price is likely to turn bullish for an extended

Short GBP/AUD: GBP/AUD is bracing for new lows as the price failed to break above a major resistance after three attempts

Bybit insider fraud: Singaporean woman gets nearly 10 years for $4.2M theft

Singapore’s financial sector has been rocked by one of the most elaborate insider fraud cases in the cryptocurrency space. Strait Times, a Singaporean news outlet reports, Ho Kai Xin, a 32-year-old former outsourced payroll manager at Bybit Fintech,...

Short GBP/JPY: the price is likely to continue the bearish trend as it failed to break above a key resistance

Libra crypto scandal: 86% of traders lost money on Javier Milei-endorsed memecoin

Argentina’s President Javier Milei has found himself at the center of a cryptocurrency scandal after a token he promoted, Libra, led to massive losses for retail traders. Research firm Nansen estimates that 86% of those who invested in the memecoin l...

Asia markets today: Stocks decline as Trump signals new tariffs, China holds rates steady

Asia-Pacific markets fell on Thursday as investors reacted to US President Donald Trump’s proposal to impose 25% tariffs on auto, semiconductor, and pharmaceutical imports. While Trump indicated that the duties could take effect as early as Apr...

USD/TRY forecast: Will the Turkish lira hit 40 in 2025?

The USD/TRY exchange rate has continued its strong rally this year as the Turkish lira plunged to its lowest level on record. It was trading at 36.32 on Thursday, up from the year-to-date low of 35.14. It has jumped by about 500% in the last five yea...

Trump considers $5,000 DOGE dividend checks for American taxpayers—here’s why

US President Donald Trump is weighing a proposal to distribute a portion of federal cost-cutting savings directly to taxpayers in the form of DOGE dividend checks. The plan, which has gained traction on social media, suggests using 20% of the savings...

Why Trump’s advisers are putting Wall Street first, not the Fed

Donald Trump’s administration is charting a course that looks beyond the Federal Reserve, seeking to lower borrowing costs for Americans by influencing a key rate shaped more by Wall Street than by the central bank in Washington, D.C. The focus...

Sam Bankman-Fried’s $1 billion asset forfeiture: what it means for FTX creditors

Sam Bankman-Fried’s financial empire has been officially dismantled, with a US federal court issuing a final order of forfeiture, seizing assets worth roughly $1 billion. The ruling by the US District Court for the Southern District of New York marks...

Long XAUUSD: bullish momentum strengthens amid breakout, strong RSI, and institutional forecasts targeting higher highs

Why WGC expects China’s gold bar and coin demand to remain strong?

The World Gold Council expects bar and coin demand in China to stay strong even as high gold prices may negatively impact gold jewelry sales, despite consumer spending remaining relatively stable.  In the long run, a pilot program that permits C...

GBP/USD forecast: why is the pound rising during stagflation?

The GBP/USD exchange rate continued its strong rally on Wednesday after the UK published a hotter-than-expected inflation report and as the market awaited for the upcoming Federal Reserve minutes. So, why is the GBP to USD pair soaring as the UK rema...

Elon Musk launches Grok 3: Can xAI’s chatbot challenge OpenAI and DeepSeek?

Elon Musk’s artificial intelligence startup, xAI, has unveiled Grok 3 AI, the latest iteration of its chatbot technology. The new model, which Musk has described as the “smartest AI on Earth,” is being positioned as a direct competitor to OpenAI, Goo...