Finance News

Chinese Phonemaker Xiaomi Stuns Market with 200,000 EV Orders in 3 Minutes

Xiaomi, best known for its smartphones, made waves in China’s electric vehicle (EV) market after announcing 200,000 pre-orders in just three minutes for its new YU7 SUV. The announcement sent its shares to an all-time high, signaling fierce competition ahead for major players like Tesla and BYD. Stock Surge Following EV Launch On Friday, Xiaomi’s […]

Greek Energy Group Metlen Plans August London Listing

Primary listing to shift from Athens to London as UK IPO market seeks revival In a sign of renewed confidence in the UK stock market, Greece’s Metlen Energy & Metals has announced plans to shift its primary listing from Athens to London in August 2025, targeting entry into the FTSE 100. A Strategic Move to […]

Dollar Hits 3-Year Low Amid Speculation Over Early Fed Chair Announcement

The US dollar slumped to its lowest point in three years following reports that former President Donald Trump is considering announcing his pick to replace Federal Reserve Chair Jay Powell sooner than expected. The move sparked market uncertainty, with traders interpreting it as a potential shift in future monetary policy. Dollar Weakens on Fed Speculation […]

Stablecoins Face Harsh Criticism from Central Banks Over Reliability and Integrity

Stablecoins — once hailed as the future of digital finance — have come under fire from the world’s top central banks. In a pointed chapter of its annual economic report, the Bank for International Settlements (BIS) concluded that stablecoins “perform poorly” as money and fail to meet basic standards of reliability, flexibility, and integrity. Failing […]

Military Briefing: Could Iran Start a New ‘Tanker War’?

Tensions in the Middle East are rising again. As Iran faces potential retaliation following U.S. air strikes, military experts and diplomats are revisiting a dangerous historical precedent: the 1980s “tanker war.” At stake is the Strait of Hormuz — a narrow waterway vital to global energy markets. Strategic Importance of the Strait of Hormuz Roughly […]

Germany and Italy Urged to Repatriate $245 Billion in Gold from the U.S.

Mounting Concerns Over U.S. Stability Spark Debate in Europe Germany and Italy are under growing pressure to bring home their gold reserves currently held in the United States, amid geopolitical instability and concerns over President Donald Trump’s influence on the Federal Reserve. The Gold at Stake According to the World Gold Council, Germany and Italy […]