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Iran Temporarily Shuts Airspace as US Tensions Prompt Regional Flight Diversions

Iran Temporarily Shuts Airspace as US Tensions Prompt Regional Flight Diversions

Iran briefly restricted its airspace amid rising tensions with the United States, triggering widespread flight rerouting across the region while markets and airlines assessed evolving security risks....

Gerik

US Healthcare Spending Breaks $5 Trillion Mark as Coverage Expansion and Service Use Accelerate

US Healthcare Spending Breaks $5 Trillion Mark as Coverage Expansion and Service Use Accelerate

US healthcare spending climbed to $5.3 trillion in 2024, reflecting faster insurance enrollment growth and higher utilization of medical services, while taking a larger share of the overall economy....

Gerik

Precious Metals Surge as Geopolitical Frictions and Policy Uncertainty Fuel Safe-Haven Demand

Precious Metals Surge as Geopolitical Frictions and Policy Uncertainty Fuel Safe-Haven Demand

Gold and silver extended their record-breaking rally as escalating geopolitical tensions and renewed policy uncertainty reinforced investor demand for safe-haven assets, even as oil prices retreated and equity markets weakened....

Gerik

Bank of Korea Holds Rates, Pivots to Financial Stability

Bank of Korea Holds Rates, Pivots to Financial Stability

BoK pivots: rate cuts out, stability in. Won's retail-driven volatility sparks new repatriation efforts.

Owen Li

China and Canada Seek to Reset Ties After Tariff War

China and Canada Seek to Reset Ties After Tariff War

Canadian PM Carney's Beijing visit aims to reset strained economic ties amid trade friction and Canada's strategic market diversification.

King Ten

US-Vietnam Trade Faces Test as New Ambassador Targets Deficit

US-Vietnam Trade Faces Test as New Ambassador Targets Deficit

U.S. diplomatic shift targets Vietnam's trade surplus, portending tariff hikes and strategic friction.

Thomas

Robust November Retail Sales Highlight Economic Strength Amid Uneven Consumer Recovery

Robust November Retail Sales Highlight Economic Strength Amid Uneven Consumer Recovery

US retail sales exceeded expectations in November, underscoring economic resilience in the fourth quarter, even as spending patterns reveal widening gaps between higher- and lower-income households....

Gerik

Iran Reopens Airspace After US Strike Fears

Iran Reopens Airspace After US Strike Fears

Iran's brief airspace closure amid US tensions underscores global airline risks as deadly protests rage.

James Riley

Yen Stabilizes Near Multi-Month Lows as Election Risks and Intervention Uncertainty Persist

Yen Stabilizes Near Multi-Month Lows as Election Risks and Intervention Uncertainty Persist

The Japanese yen steadied after recent losses but remains close to an 18-month low, with traders weighing election-related fiscal risks against the possibility of official intervention and a cautious Bank of Japan outlook....

Gerik

BOJ's Next Rate Hike: Why All Eyes Are on July

BOJ's Next Rate Hike: Why All Eyes Are on July

Amid political headwinds and a dovish PM, the BOJ eyes a July rate hike, targeting 1% by September, facing inflation risks.

King Ten

Gold Prices Retreat From Record Highs on Profit-Taking

Gold Prices Retreat From Record Highs on Profit-Taking

Gold's rally pauses as Trump's calming words on Iran and the Fed reduce safe-haven appeal.

Golden Gleam

Russia Moves to Legalize Crypto for Retail Investors

Russia Moves to Legalize Crypto for Retail Investors

Russia unveils landmark legislation to open its crypto market to retail investors and regulate exchanges amidst sanctions.

Natalie Gordon

BMI Expects Bank Negara To Keep OPR At 2.75% Throughout 2026

BMI Expects Bank Negara To Keep OPR At 2.75% Throughout 2026

BMI maintained its view that Bank Negara Malaysia (BNM) will leave the overnight policy rate (OPR) unchanged at 2.75% for the rest of 2026 amid support from resilient domestic demand.

Samantha Luan

China Calls US Nvidia Chip Export Policy 'Discriminatory'

China Calls US Nvidia Chip Export Policy 'Discriminatory'

China's state media criticizes US chip restrictions, calling even approved Nvidia AI chips a "discriminatory" tactic to slow its tech growth, bolstering Beijing's drive for self-reliance.

Owen Li

China's Stock Rally: Will Stimulus & Exports Drive New Highs?

China's Stock Rally: Will Stimulus & Exports Drive New Highs?

Chinese stocks near decade highs, fueled by exports and stimulus, but persistent trade tensions and housing risks test the rally's durability.

Owen Li

Oil Retreats as Geopolitical Risk Premium Eases Following Trump’s Iran Signal

Oil Retreats as Geopolitical Risk Premium Eases Following Trump’s Iran Signal

Oil prices declined after President Donald Trump indicated that a US military response toward Iran is temporarily on hold, prompting markets to scale back near-term geopolitical risk expectations that had driven a sharp rally earlier in the week....

Gerik

Xi Capitalizes on Trump Era Uncertainty as Global Leaders Re-Engage China

Xi Capitalizes on Trump Era Uncertainty as Global Leaders Re-Engage China

As Donald Trump reshapes global economic and security priorities, a growing number of Western leaders are re-engaging with Beijing, positioning China as a stabilizing counterpart amid shifting alliances and trade recalibration....

Gerik

Germany Urges 'European Patriotism' as US Ties Weaken

Germany Urges 'European Patriotism' as US Ties Weaken

Germany's finance minister advocates a "Fortress Europe" strategy, urging self-reliance amid fraying alliances and weaponized trade.

Michael Ross

Trump Pauses Iran Strike Rhetoric as White House Reassesses Escalation Risks

Trump Pauses Iran Strike Rhetoric as White House Reassesses Escalation Risks

President Donald Trump signaled a temporary pause in potential military action against Iran after claiming reassurances that the killing of protesters had stopped, softening his tone following days of heightened escalation signals....

Gerik

Tariffs, Geopolitics, and Policy Signals: Global Markets Face Multiple Disruptions

Tariffs, Geopolitics, and Policy Signals: Global Markets Face Multiple Disruptions

European countries to deploy military personnel to Greenland; Trump: 25% tariff on imported chips not used for U.S. AI......

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