global economy
AI Doomsday Report Rattles Global Markets, Tech Stocks Tumble
A viral report by Citrini Research, “The 2028 Global Intelligence Crisis,” caused significant stock market drops Monday, fueling investor fears over AI’s economic disruption.
Mark Carney Declares End of US-Led World Order in Davos
Canadian Prime Minister Mark Carney asserted the end of the US-led global order at Davos, urging nations to forge a new, independent architecture.
South Korea’s Kospi Breaks 5,200 Barrier Amid Retail Investor Push
South Korea’s benchmark Kospi index closed at a historic high of 5,221.25 points on Thursday, January 29, 2026, driven by robust corporate earnings and significant buying from individual investors, signaling strong market optimism.
Bessent’s ‘Financing War’ Claim Ignites Diplomatic, Economic Backlash
U.S. Treasury Secretary Scott Bessent’s recent remarks on European trade with India and NATO have sparked significant diplomatic pushback and raised economic concerns, notably from Canada and financial analysts.
Singapore Dollar Hits Decade High Amid US Dollar Sell-off Triggers
The Singapore dollar surged to its strongest level in over a decade against the US dollar, driven by speculation of coordinated US-Japan currency intervention and broader market jitters surrounding US politics and economic policy.
Gold Prices Breach $5,000 Mark Amid Escalating Global Uncertainty
Gold prices have reached an unprecedented $5,000 per ounce, driven by escalating geopolitical tensions, global debt concerns, and a flight to safe-haven assets as investors seek protection from market volatility.
Western Australia’s $6 Trillion Iron Find: Reshaping Global Ore Markets
A colossal, high-grade iron ore deposit valued at $6 trillion has been discovered in Western Australia’s Pilbara, poised to reshape global supply dynamics and solidify Australia’s market dominance.
Canada’s Inflation Outlook: Rate Cut Hopes Dim Amid Steady Core Data
Canada’s December headline inflation edged up to 2.4%, slightly above forecasts, prompting BMO Economics to declare insufficient evidence for Bank of Canada interest rate cuts. Despite mixed signals, core inflation measures showed meaningful improvement and convergence, aligning with the central…
U.S. Stock Futures Decline Amid Trump’s Greenland Tariff Ultimatum
U.S. stock futures experienced a sharp downturn this week, extending declines seen during the holiday break, as President Donald Trump’s threat to impose escalating tariffs on eight NATO allies over the Greenland dispute sent ripples across global markets. The move…
Davos Forum Convenes Amid Rising Inequality, Geopolitical Shifts
Global leaders, including U.S. President Donald Trump, gather in Davos, Switzerland, for the World Economic Forum to address pressing issues like economic inequality, AI’s impact, and geopolitical tensions, even as protests highlight deep societal divides.
Mortgage Markets Adjust Amid Policy Shifts and Evolving Islamic Views
Global mortgage markets are experiencing significant shifts, from the U.S. housing sector returning to historical interest rate norms and China implementing stimulus measures, to a nuanced re-evaluation of mortgage interest within Islamic jurisprudence. These developments underscore diverse challenges and adaptive…
Copper Price Surge: Global Power Rivalry, Supply Strains, and the Road Ahead
Copper prices are climbing as AI and electric vehicles drive demand, supply struggles to keep up, and global powers compete for control. Explore the forces shaping the copper market in 2026.
Mining Titans Eye Mega-Merger: Glencore and Rio Tinto Revive Talks Amid Surging Demand for Green Metals
Glencore and Rio Tinto have revived merger talks to form the world’s largest mining company, driven by soaring global demand for critical metals essential for the energy transition and AI infrastructure. This comes after previous negotiations collapsed in 2024 and…
Mark Carney Signals Global Power Shift at G20 Summit Without US Presence
At the 2025 G20 Summit in Johannesburg, Canadian Prime Minister Mark Carney underscored a shifting global economic center of gravity, as the US boycotted the event, prompting new international alliances and trade ambitions.
Global Film Markets, US-China Trade Talks, and Binance’s Volume Surge Shape Investor Outlook
Today’s market news spotlights a global calendar of film markets, pivotal US-China trade negotiations, and Binance’s record trading surge—offering investors and industry insiders a window into shifting dynamics across sectors.