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Finance & Markets

Bitcoin Reclaims $80,000, Riding Relief Rally as U.S. Midterm Uncertainty Eases

Bitcoin has reclaimed the $80,000 level after the Democratic Party’s gains in both chambers of Congress in the U.S. midterm elections eased uncertainty surrounding the direction of future policy.

  • Bitcoin reclaims $80,000 level amid U.S. midterm relief rally
  • Democrats' congressional victory reduces policy uncertainty
  • Ethereum and Solana surge 2.32% and 0.63% respectively

Business

Ssangyong Seals Dubai MOU With Wasl Group

Ssangyong Engineering & Construction has agreed with Wasl Group, one of Dubai’s largest real estate development and operating companies, to pursue new development projects worth about 3.6 trillion won…

  • Ssangyong Engineering & Construction signs MOU with Wasl Group for $2.61B projects.
  • Collaboration to expand in residential, hotel, mixed-use sectors.
  • Ssangyong completed 1T won ($725.81M) worth Dubai projects since 2017.

Finance & Markets

Oil prices fall over 8pc

HOUSTON: Oil prices fell more than 8 percent to settle at their lowest in more than two months on Wednesday after President Donald Trump’s Republican Party lost control of Congress in midterm elections, as investors bet that the shift in power could hasten the end of the US-Israeli war with Iran.

Finance & Markets

Kyndryl: 3 Key Takeaways for Long-Term Investors

Gross margin climbed to 22.5% in the first half, and management expects further gains, pointing to better profit quality beyond sheer deal volume.

  • Kyndly expanding beyond infrastructure maintenance, signing 43 large contracts in past year
  • Gross margin at 22.5% for first half, expecting further expansion through automation
  • Enterprise clients increasingly using Kyndryl Consult for AI and cybersecurity deployments

World

Israel and the Arab parties

Do Israel’s ascendant Arab parties — the Joint List and Ra’am — hold the key to a more peaceful Middle East or will they sow the seeds of Israel’s destruction?

  • Israel's national election held on Friday with 77.9% voter turnout
  • Pro-Netanyahu bloc led by Likud secured 53 seats
  • Arab parties emerged as third-largest bloc with 19 seats

Business

House Democrats face epic power struggle over their massive majority

House Democrats channeled anti-Trump fury into a landslide victory over Republicans. Now comes the hard part: Figuring out what to do with their huge majority . Why it matters: That question is already igniting a power struggle between Democrats' ideological factions as they lay out contradictory visions for what the next two years of…

AI

Did IBM Just Tell the Truth About AI?

Lam Research is a semiconductor machine business that’s breaking records, but its stock price has been cut nearly in half from highs in 2026. Is it a good stock to buy right now?

  • IBM's stock declined despite a 40% revenue increase
  • Service business saw 40% sales growth, projected 30% increase next year
  • Advanced packaging tech expected 70% growth this year
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