Novo Nordisk’s Denmark-listed shares climbed more than 7%, while the stock gained close to 6% in US premarket trading after telehealth company Hims & Hers said it would stop offering its newly launched oral obesity pill copycat following regulatory scrutiny. Hims & Hers, by contrast, fell nearly 20% in premarket trading. Additionally, Novo Nordisk also
The top cryptocurrency news in LATAM this week includes: XDC Network crosses $100 million in tokenized assets in Brazil, Argentina introduces its first public Bitcoin treasury model, and Brazilian investors express increasing interest in “digital gold” in light of the metal’s recent surge. Argentina’s first public Bitcoin Treasury model Argentina’s public Bitcoin treasury represents a
French authorities have stepped up scrutiny of Elon Musk’s social media platform X after police raided its Paris offices and prosecutors broadened a long-running criminal investigation. What began as a probe into alleged algorithm abuse and data practices has now expanded to include complaints linked to the platform’s artificial intelligence chatbot, Grok, as well as
Europe’s markets and politics struck a cautious tone on Tuesday as investors and policymakers grappled with rising uncertainty. The FTSE 100 slipped from record highs as heavyweight stocks fell and traders positioned ahead of a crucial Bank of England rate decision. In France, authorities escalated scrutiny of X, raiding its Paris offices in a widening
The sudden resignation of the head of Argentina’s statistics office this week revealed problems at the core of President Javier Milei’s economic plan, turning the country’s inflation numbers into a political hot spot. Economy Minister Luis Caputo admitted that the government’s decision to postpone an upgrade to the inflation calculation methodology, a delicate move in
Asia-Pacific markets rallied on Tuesday as investors reacted to a reported breakthrough in US-India trade talks, while risk sentiment was also shaped by volatile crypto markets, fresh political headlines from Washington, and a major deal in the artificial intelligence sector. Below are the key developments shaping global markets. Asian markets surge on US-India trade deal
After a roller-coaster start to 2026, both gold and silver prices plummeted in the last couple of trading sessions. But, prices have started to rise again on Tuesday as gold surged more than 6%, while silver nearly 14% from Monday’s close. Experts believe that prices are likely to stabilise and even recover further, especially for
Gold and silver prices rebounded sharply on Tuesday after plummeting in the last couple of trading sessions. Gold prices on COMEX rose more than 6%, while the silver contract experienced a whopping 14% rise on Tuesday. Meanwhile, oil prices also rose nearly 1% after spending most of the day mostly flat as traders resorted to
Renewed geopolitical tensions between the US and Iran pushed gold prices higher on Wednesday, extending the yellow metal’s recent upward trend. This safe-haven buying contributed to the gains, following gold’s previous session, which marked its best single day since 2008. The already escalating tensions between the US and Iran witnessed a direct confrontation in the
Asian markets traded mostly lower on Wednesday, tracking a broad sell-off in US technology stocks overnight, while gold extended gains for a second session. Investor sentiment across the region was weighed down by losses in global tech, fresh uncertainty around artificial intelligence disruption, and a series of policy and legal developments in the United States.