Asian equities were mostly lower on Tuesday, with US markets closed for Martin Luther King Jr. Day, as global sentiment weakened following fresh tariff threats from Donald Trump.
China’s Gold-Backed Yuan: A Narrative Too Big to Survive the Maths
The idea resurfaces regularly: a Chinese yuan backed by gold, instantly reshaping the global monetary order. In theory, it sounds transformative — a hard-money alternative to the US dollar and
Badenoch tells Starmer to ditch China super-embassy
Kemi Badenoch has urged Sir Keir Starmer to block China’s proposal for a new super-embassy in London, arguing that approval would undermine UK security ahead of the Prime Minister’s planned
What happened overnight – Tuesday 13th January 2026
Oil prices moved higher and Asian equity markets were mostly stronger, led by a sharp rally in Japan after Wall Street closed at fresh record levels.
What happened overnight -Thursday 8th January 2026
Asian equities were mostly lower on Thursday as Wall Street’s early New Year rally lost momentum.
What happened overnight – Wednesday 7th January 2026
Asian markets were mixed as investors balanced expectations around global interest rates with lingering uncertainty over recent developments in Venezuela and geopolitical risk.
Chinese EVs take one in four sales in Britain
China has quietly become one of the biggest drivers of Britain’s electric car revolution.
What happened overnight – Tuesday 6th January 2026
Asian markets delivered a strong performance on Tuesday, led by record-setting gains in Japan, as momentum from Wall Street’s rally continued to ripple through global equities.
What happened overnight – Monday 5th January 2026
Oil prices retreated while precious metals surged after the US captured Venezuelan president Nicolas Maduro in a weekend raid, a development that rattled energy markets but sent investors rushing toward
BYD knocks Tesla off top spot in global EV race
China’s BYD has overtaken Tesla to become the world’s largest seller of electric vehicles.
What happened overnight – Friday 19th December 2025
Asian markets advanced after softer-than-expected US inflation data revived hopes of another interest rate cut as soon as next month.
What happened overnight – Thursday 18th December 2025
Asian markets slipped further after a sell-off in AI-related stocks pushed US equities to their weakest session in nearly a month.