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Economy

Finance, markets, investments, cryptocurrency and economic news

One in Four Japanese Giants Boost Profit Forecasts on AI Boom
EconomyEN
One in Four Japanese Giants Boost Profit Forecasts on AI Boom

From Square Enix to Central Japan Railway, Japanese corporations are upgrading earnings outlooks as AI demand and tourism surge drive record profits despite tariff concerns.

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SP
Seoyeon Park
When Rubbermaid Gets Cheaper, Something's Wrong
EconomyEN
When Rubbermaid Gets Cheaper, Something's Wrong

Newell Brands slashes prices on household staples as consumers tighten belts. What this price war reveals about the American economy's hidden stress points.

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SP
Seoyeon Park
Ondo Hits $2B in Tokenized Assets, Eyes On-Chain Prime Brokerage Future
EconomyEN
Ondo Hits $2B in Tokenized Assets, Eyes On-Chain Prime Brokerage Future

Ondo reaches $2B in tokenized US Treasuries and $600M in stocks/ETFs, launching perpetual futures as first step toward comprehensive on-chain financial services. What's driving this momentum?

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SP
Seoyeon Park
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Rare Earth Prices Hit Records as China Weaponizes Strategic Minerals
EconomyEN
Rare Earth Prices Hit Records as China Weaponizes Strategic Minerals

China's export restrictions on rare earths have sent prices to record highs, disrupting global supply chains for EVs and medical devices. The move highlights dangerous dependencies in critical mineral markets.

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SP
Seoyeon Park
The Wild West Is Over for Corporate Crypto Treasuries
EconomyEN
The Wild West Is Over for Corporate Crypto Treasuries

Digital asset treasuries are maturing from speculative plays to governed financial strategies as the easy money era ends and governance becomes critical.

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SP
Seoyeon Park
Bithumb's $55K Bitcoin Flash Crash: When 2,000 Won Becomes 2,000 BTC
EconomyEN
Bithumb's $55K Bitcoin Flash Crash: When 2,000 Won Becomes 2,000 BTC

A simple accounting error at Bithumb accidentally credited users with 2,000 BTC instead of $1.50 rewards, causing Bitcoin to crash 15.8% to $55,000 before recovering in minutes.

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SP
Seoyeon Park
Russia's Largest Bank Launches Bitcoin-Backed Loans
EconomyEN
Russia's Largest Bank Launches Bitcoin-Backed Loans

Sberbank prepares crypto-backed lending services as Russia opens its digital asset market. Is this financial innovation or sanctions circumvention?

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SP
Seoyeon Park
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Uber's $8.5M Sexual Assault Verdict Opens Floodgates for 3,000 Lawsuits
EconomyEN
Uber's $8.5M Sexual Assault Verdict Opens Floodgates for 3,000 Lawsuits

Uber faces its first major legal defeat in sexual assault cases, with an $8.5 million verdict that could reshape platform liability for thousands of pending lawsuits nationwide.

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SP
Seoyeon Park
Indonesia's Market Rout Deepens as Moody's Flags Fiscal Risks
EconomyEN
Indonesia's Market Rout Deepens as Moody's Flags Fiscal Risks

Moody's downgrades Indonesia's outlook to negative, triggering stock selloff amid concerns over President Prabowo's spending plans and governance issues in Southeast Asia's largest economy.

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SP
Seoyeon Park
Japan's $103B Pension Win Raises Stakes for Global Retirement
EconomyEN
Japan's $103B Pension Win Raises Stakes for Global Retirement

GPIF's massive quarterly gain highlights the high-stakes game of pension investing. As demographics shift globally, the balance between returns and safety becomes critical for retirees worldwide.

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SP
Seoyeon Park
Why Wall Street Still Believes in IREN Despite Earnings Miss
EconomyEN
Why Wall Street Still Believes in IREN Despite Earnings Miss

IREN's Q2 earnings disappointed, but analysts remain bullish on the bitcoin miner's pivot to AI infrastructure. Here's what the $3.6B Microsoft deal means for investors.

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Seoyeon Park
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When Fear Peaks, Smart Money Buys: Crypto's Anxiety Paradox
EconomyEN
When Fear Peaks, Smart Money Buys: Crypto's Anxiety Paradox

Bitwise argues peak market anxiety signals crypto bottom, citing 2018-2022 patterns. But can institutional adoption overcome retail panic this time?

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Seoyeon Park
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