Bloomberg

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Bitcoin hits record $120,000 as bullish momentum builds

Crypto market bellwether rose as much as 1.9% to $121,344, now up about 30% since December

Traders who shorted Bitcoin bore the brunt of the rapid damage, with over $1 billion in positions wiped out, according to data from Coinglass.

Trump says he plans to send Patriot missiles to Ukraine

Trump had held off approving any new weapons to Ukraine since the start of his second term

S. President Donald Trump .

Elon Musk unveils Grok 4 amid controversy

Company touts benchmarks show the new AI system scoring higher than OpenAI and others

Billionaire Elon Musk’s XAI Holdings And Chatbot Grok

US inflation to pick up on more tariff pass-through

US consumers experience price growth in June as companies pass along cost of imports

Shoppers ahead of personal consumption figures release.

Musk’s xAI seeks up to $20b valuation in new funding

Move follows $10 billion capital raised, split evenly between debt and equity

Elon Musk's xAI startup seeks to raise up to $10 billion.

Air India probe to offer peek into jet's final moments

Preliminary report expected after deadliest crash in decades

The inspections were part of a new 360-degree audit framework launched just a week after the fatal crash of a London-bound Air India Boeing 787-8 from Ahmedabad

Dollar losing allure for Chinese traders: What's next?

'Swap points': Dollar’s premium over the yuan narrows by 25% since the end of December

Counting of Chinese Yuan At A Hang Seng Bank Branch

Pentagon buys rare earths stake to secure supplies

US Department of Defence buys into a key American producer to secure magnets supply

The Mountain Pass Mine facility in the US. China leveraged its dominance of the supply chain to retaliate against American tariffs with export controls, adding impetus to US efforts to build up a domestic alternative.

Oil steady as traders weigh rising stockpiles

Brent hold near $70 after closing little changed on Wednesday, WTI hovers around $68

Oil has been buffeted by tariffs and conflict this year. And traders are monitoring the latest wave of levies from US President Donald Trump.

China calls on Asean to back openness as US levies loom

US could hit Malaysia, Laos, Myanmar, Cambodia, Thailand with 25% to 40% tariffs

Indonesia's Minister for Foreign Affairs Sugiono, Philippines' Secretary of Foreign Affairs Theresa Lazaro, Singapore's Minister for Foreign Affairs Vivian Balakrishnan, Thailand's Minister of Foreign Affairs Maris Sangiampongsa, Vietnam's Minister of Foreign Affairs Bui Thanh Son, China's Foreign Minister Wang Yi, Malaysia's Minister of Foreign Affairs Mohamad Hasan, Laos' Minister of Foreign Affairs Thongsavanh Phomvihane, Brunei's Second Minister of Foreign Affairs Erywan Yusof, Cambodia's Minister of Foreign Affairs Prak Sokhonn, Myanmar's Acting Permanent Secretary of the Ministry of Foreign Affairs Kyaw Nyun Oo, Timor-Leste's Minister of Foreign Affairs Bendito dos Santos Freitas and Secretary General of the ASEAN Kao Kim Hourn pose for a group photo as they attend the Association of Southeast Asian Nations (ASEAN) Post-Ministerial Conference with China during the 58th ASEAN Foreign Ministers’ meeting and related meetings at the Convention Centre in Kuala Lumpur on July 10, 2025.

India's rare earth plans draw interest from tycoons

Leading industrial powerhouses show keenness to scale rare earth production in India

New Delhi government mulls incentive scheme worth $290 million for private sector firms manufacturing these magnets, rare earth products.

Netanyahu says he nominated Trump for Nobel Peace Prize

Netanyahu is not the first foreign leader to nominate Trump, who has long coveted a Nobel

Netanyahu Says He Nominated Trump for Nobel Peace Prize

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