Category: Markets & Economy
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Binance Targets Full Withdrawal Restoration After $6.3bn Security Breach
Binance says withdrawals have reopened across 87 networks and it aims to restore remaining services by the end of next week after a reported $6.3bn…
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COP31 Fossil-Fuel Transition Coalition Presses Ahead After Colombia Withdrawal
A 57-country coalition plans new national road maps to cut fossil-fuel dependence as Ireland and Tuvalu prepare to take over its leadership at COP31.
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Bahrain Issues Threat Alerts as Iran Claims Strike on US Base
Bahrain issued two potential-threat alerts after Iran claimed a drone strike on a US base. Washington and Manama had not confirmed the reported attack.
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U.S. Economy Shows Strong Growth, but Rising Inflation Puts the Federal Reserve on Alert
The U.S. economy expanded at a 3.4% annualised pace in Q3 2026, while October inflation accelerated and hiring remained resilient—complicating the Federal Reserve’s next move.
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IEA Sees Oil Market Moving Into Surplus as Gulf Exports Recover
The International Energy Agency expects global oil supply to exceed demand by 1.7 million barrels a day in the fourth quarter, while warning that shipping…
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US Extends Jones Act Waiver for 90 Days as Energy Supply Pressures Persist
US Customs and Border Protection says the latest extension begins on 16 November and allows eligible cargo to move between US ports on foreign-flagged vessels…
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Canada Advances ASEAN and Philippines Trade Pacts as It Diversifies Exports
Ottawa says it has substantially concluded negotiations on a Canada–ASEAN free-trade pact and completed talks with the Philippines, widening access to fast-growing Asian markets.
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Trump’s Mexico Tariff Threat Puts North American Trade Relations Back in Focus
A threat to double tariffs on Mexico over migration has renewed uncertainty for businesses operating across North American supply chains, although no new tariff measure…
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APEC 2026: Trade, Technology and Geopolitics Set to Shape Shenzhen Summit
Leaders gathering in Shenzhen on 18–19 November face a consequential agenda spanning trade tensions, artificial intelligence, critical minerals and regional security.
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Chinese AI Server Maker xFusion Clears Key Review for Planned $1.2 Billion IPO
xFusion Digital Technologies has cleared a key Shenzhen listing review for a proposed 8 billion yuan offering, although the exchange raised questions about margins and…
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Wall Street Slips as Nvidia Leadership Shock Weighs on Technology Shares
US stocks edged lower after a surprise leadership change at Nvidia unsettled technology investors, while higher oil prices and Treasury yields added to market caution.
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Fed Official Says Inflation Fight Is Not Over as Rate Debate Intensifies
New York Fed President John Williams says persistent inflation means policymakers still have work to do, keeping the path of US interest rates in focus.