An international crypto crime ring laundered over $100 million through South Korea just as the country eased restrictions on digital asset investments. South Korea’s customs agency revealed on Monday that it had uncovered a large-scale cryptocurrency laundering operation. The Korea Customs Service (KCS) said three Chinese nationals had been referred to prosecutors for breaking the
Safe-haven demand propelled gold and silver prices to fresh record highs on Monday, even as experts see further upside. Oil prices slipped, reversing the gains from Friday as civil protests in Iran eased, reducing the threat of a US attack and lowering crude oil supplies. Meanwhile, base metals moved higher this morning, following a decline
On Monday, BHP was denied permission to appeal a London court verdict that found the mining company accountable for the 2015 dam collapse in southeastern Brazil, a claim that may eventually be worth tens of billions of pounds. According to Reuters, the decision upholds a November High Court ruling that declared BHP legally accountable for
Tariffs imposed by the Trump administration on foreign goods have been largely absorbed by American importers, not international exporters. A new study by a German economic institute shows that almost the full cost of increased duties is being passed on to US businesses and households. Despite claims that tariffs force foreign companies to pay, the
For two years, the European Union (EU) sat on a weapon it had never fired. The Anti-Coercion Instrument, a trade enforcement tool launched in December 2023, was designed to shield Europe from economic bullying by hostile powers. Then, on January 17, 2026, Donald Trump changed the game. By threatening 10% tariffs on eight NATO allies
US stocks ticked higher at midday Friday as the S&P 500 climbed 0.3%, the Nasdaq advanced 0.4%, and the Dow Jones Industrial Average added 116 points, or 0.2%. But the intraday gains mask a deeper reality: uncertainty about Federal Reserve leadership and questions regarding central-bank independence have unsettled traders throughout the week. President Trump’s comments
The prediction market underwent a major transformation on Friday when President Donald Trump announced Kevin Hassett would likely remain in his White House position. The development resulted in higher probabilities for former Federal Reserve governor Kevin Warsh to become the next Fed chair. MarketWatch reports that Kalshi decreased Hassett’s chances to become Fed chair to
“GLP-1 drugs don’t just change what people eat,” Karthik Srinivasan, communications strategy consultant, tells Invezz. They change whether people want to eat at all. That’s why this stops being a marketing problem and becomes a business-model problem for a whole lot of categories. The weight-loss drug boom didn’t just spark a health revolution—it’s triggering a
Indian stocks, especially the nation’s tech sector, will likely face turbulence in the first half of 2026, according to Amish Shah, a senior Bank of America Securities analyst. Speaking this morning with CNBC, Shah said near-term events are stacked against investors, with the February 1st Union Budget likely to disappoint expectations for stimulus. While foreign
The Trump administration on Thursday unveiled what it called the “Great Healthcare Plan,” a broad framework aimed at addressing healthcare affordability, drug prices, and insurance transparency. While the White House described the plan as a decisive step toward reform, analysts and healthcare policy experts largely characterized it as lacking detail, politically constrained, and unlikely to