Global copper smelters are facing a crisis as China's rapid buildup of processing capacity undermines profitability across the sector, according to Reuters.
4 July
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A decrease of the indicator value may contribute to the fall in quotes of JPY.
1 July
Ripple CEO Brad Garlinghouse plans to put an end to the cryptocurrency company's legal battle with the US Securities and Exchange Commission (SEC). The firm is withdrawing its cross appeal against the SEC and now hopes the SEC will reciprocate, Reuters reports.
30 June
First Quantum started shipping stockpiled copper from stalled mine in Panama
As reported by Bloomberg, First Quantum Minerals has started shipping stockpiled copper from its Panama mine, nearly 19 months after operations were halted by a court order.
30 June
Bitcoin’s surge accelerates extinction of altcoins and puts their future in doubt
In 2025, bitcoin is hitting record highs, fueled by exchange-traded fund (ETF) approvals, optimism around favorable regulation, and growing interest from big investors. But behind this positive momentum, the altcoin market is in crisis.
30 June
Japanese companies plan massive food price hikes in July — Reuters
According to a study by the private think tank Teikoku Databank, Japanese food makers intend to hike prices for 2,105 items in July. The figure is five times higher than a year ago. The prices will increase by an average 15%.
30 June
BIS chief warns UK about worsening national debt
The UK is among the countries at risk of an economic crisis due to unbalanced government spending. Agustin Carstens, the Bank for International Settlements (BIS) chief, highlighted the problem of the European country's rapidly rising public debt.
30 June
Copper prices in London and Shanghai continue to fluctuate this week. Traders’ attention is focused on Donald Trump's trade policies, particularly his decision on copper import duties, Reuters reports.
30 June
REX Financial and Osprey Funds are likely to introduce the first staking-based exchange-traded funds (ETF) for Ethereum and Solana in the US in the nearest future, ZyCrypto reports.
30 June
UK business confidence reaches highest level since 2015 — Lloyds Bank
According to data from Lloyds Bank, business confidence in the UK has risen to its highest level in nine years, driven by growing optimism among British companies about the country’s economic prospects.
30 June
Canada decides to repeal tax for tech corporations to restart trade talks with US
On Monday, Canada announced the repeal of the Digital Services Tax (DST), paving the way for resuming talks with the United States. According to Investing, the two sides are aiming to conclude a trade agreement by July 21.
30 June
