Business

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Business

Copper on track for biggest annual gain since 2009 amid supply crunch

Fuelled by expectations that the demand for copper—a key metal in electrification—will exceed supply, the metal is set to record its largest annual gain since 2009. Copper, often referred to as the “red metal,” has seen a remarkable rally on the London Metal Exchange this year, surging by over 40% and hitting a series of

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Business

Binance to delist FDUSD trading pairs across major cryptocurrencies

As 2025 draws to a close, Binance is making another adjustment to its trading lineup, underscoring how large exchanges regularly recalibrate products before entering a new cycle. The crypto exchange said it will scrap several spot and margin trading pairs linked to the First Digital USD stablecoin on January 6. The change affects Bitcoin Cash,

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Business

Michael Burry clarifies Tesla position amid valuation debate

Renowned investor Michael Burry moved to correct market speculation this week after renewed attention on his views about Tesla’s valuation. The Scion Asset Management founder said he is not betting against the electric vehicle maker, despite having described the stock as “ridiculously overvalued.” The clarification came in response to questions on social media, as investors

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Business

3 ultra-high-yield stocks to consider for $300 of dividend income in 2026

Generating meaningful dividend income from modest capital requires disciplined stock selection and a clear mathematical framework. An allocation of $2,670 distributed equally across three carefully vetted ultra-high-yield securities, each offering yields exceeding 6%, can reasonably generate approximately $300 in annual dividend income. The challenge lies not in identifying high-yield opportunities, but in distinguishing between genuinely

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Business

US initial jobless claims surprise again, hit 199K, lowest level in months

US jobless applications fell to 199,000 in the week ending December 27, marking the lowest reading in weeks. The figure signals that employers remain reluctant to cut payrolls despite economic uncertainties approaching the year’s end. The unexpected decline, down 16,000 from the previous week’s revised 215,000, underscores a labor market characterised by minimal layoff activity,

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Business

BTC stuck at $87K: why a red Christmas Eve might be Bitcoin’s golden ticket

Bitcoin slipped below $87,000 into the holiday week, with price action compressing rather than breaking down as liquidity thins and sentiment cools. According to recent market updates, positioning looks cautious but not panicked, with buyers engaging near support despite risk-off flows. Market snapshot into year-end The Crypto Fear and Greed Index sits at 27, placing

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Business

Bitcoin breaks $90,000 as recovery gains traction amid macro uncertainty

Bitcoin has shown strength on Monday morning, surging past $90,000, offering short-term optimism after weeks of pressure. However, the world’s largest cryptocurrency continues to face macroeconomic uncertainty, leaving analysts divided on whether the move can develop into a sustained rebound. Bitcoin rebounds Bitcoin found support above the $85,500 zone and began a recovery wave, climbing

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Business

Morning brief: Asian stocks hit six-week highs, Bitcoin jumps above $90,000

Asian markets began the week on a strong footing, buoyed by expectations of easier US monetary policy next year, while precious metals pulled back after a sharp rally. At the same time, geopolitical tensions resurfaced in East Asia as China announced large-scale military drills around Taiwan. In crypto markets, Bitcoin staged a notable rebound, climbing

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Business

Bitcoin forecast for 2026: higher highs or lower lows ahead?

Bitcoin investors are looking ahead to the new year with cautious optimism after a volatile 2025. Despite recent turbulence, Cory Klippsten – the chief executive of Swan Bitcoin – believes the digital asset is poised for a sharp rally over the next 12 months. Speaking recently with CNBC, Klippsten argued that BTC’s adoption curve, institutional

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Business

Bitcoin price fails to breach $90K, BEAT leads altcoins with 43% rally

Bitcoin surged to $90,000 earlier today, bolstered by fresh macro catalysts, but failed to sustain the breakout as demand tapered off at key resistance levels. The rejection saw price action reverse sharply, pulling Bitcoin back toward the lower bounds of its established weekly range. By press time, the total cryptocurrency market capitalization had surrendered its

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