The People’s Bank of China is due to set the daily USD/CNY reference rate at around 0115 GMT (2115 US Eastern time), a fixing that remains one of the most closely watched signals in Asian foreign exchange markets. China operates a managed floating exchange rate system, under which the renminbi (yuan) is allowed to trade within a prescribed band…

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SoftBank Group Corp (SFTBF) just delivered one of those chart patterns that makes even experienced analysts do a double-take. After spending years grinding along in relative obscurity, this Japanese tech conglomerate’s stock exploded from $18 to nearly $45 in a matter of weeks—then promptly gave back a third of those gains. The question every trader’s asking right now: was…

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TL;DR summary: China is extending a value-added tax (VAT) exemption on certain residential property sales, adding another incremental policy measure aimed at stabilising its long-running real estate downturn. While the move lowers transaction costs for homeowners, it underscores Beijing’s preference for targeted relief rather than more forceful intervention. — China will extend a policy waiving value-added tax on selected…

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Under Armour, Inc (UA) hasn’t had it easy lately, sliding more than 18% since August and drifting dangerously close to its all-time lows. However, Tuesday’s action changed the narrative. The stock surged 8.59%, and the driver wasn’t just a random bounce—it was fueled by a massive 15.6-million share purchase by high-profile Canadian investor Prem Watsa. This heavy-hitting buy has…

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As we head into 2026, people are sharply divided on where AI goes next. Bears argue that we’re in a massive AI bubble, where spending has outpaced revenue, that the technology is overhyped, and that this bubble is about to burst. These concerns are understandable, but ultimately premature. This Article Is For Premium Members Only Become a…

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Data released by China’s National Bureau of Statistics (NBS) for the official manufacturing and non-manufacturing PMIs in December 2025. – The screenshot adds in the priors, not mentioned in the text. The screenshot does not show the ‘Composite’ which has come in at 50.7, up from 49.7 in November. – China publishes two main PMI surveys, each capturing different…

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Pound Sterling edges lower against US Dollar in final stretch to 2025 The Pound Sterling (GBP) trades broadly higher against its major peers in European trading hours on the last day of 2025. The British currency remains upbeat on market expectations that it will continue to outperform in 2026 amid hopes that there will be fewer interest rate cuts…

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Article Highlights NZD/CAD decisively breaks below its lower Bollinger Band, ending weeks of contained price action. A slip under the 0.7910–0.7920 support zone puts recent dip-buyers firmly on the defensive. The mid-band near 0.7973 now defines the upside ceiling if a bounce attempts to form. The latest move in NZD/CAD has pushed the price outside its recent volatility band,…

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China’s manufacturing sector showed tentative signs of stabilisation at the end of 2025, with business conditions edging back into expansion territory, according to the latest S&P Global/Rating Dog Purchasing Managers’ Index data. While the improvement was modest, the rebound marked a welcome shift after months of subdued momentum, driven primarily by stronger domestic demand rather than a recovery in…

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