Trump Hails “Signed” China Trade Deal, Details Scarce
President Donald Trump’s declaration that “we just signed with China yesterday” has injected fresh uncertainty into the already fragile trade détente efforts. While Beijing’s Commerce Ministry on Friday outlined a framework—China will accelerate approvals for rare-earth exports and Washington will lift unspecified “restrictive measures” —no comprehensive text or joint communiqué has been released by either […]
House Approves Medical Cannabis Access for Veterans
House lawmakers Wednesday approved measures allowing Veterans Affairs doctors to recommend medical cannabis to former service members for the first time. The provisions, passed by voice vote, would stop the VA from enforcing current policies that prevent physicians from helping veterans access state marijuana programs. Representatives Brian Mast, R-Fla., and Dave Joyce, R-Ohio, sponsored the […]
NYMEX Lifts Platinum Margins 25% After Metal Hits 11-Year High
The CME Group’s clearing division has hiked performance bond requirements on NYMEX Platinum Futures by roughly 25%, according to an advisory circulated late Thursday. “The rates will be effective after the close of business on Friday, 27 June 2025,” the notice states, marking the second margin increase in just two weeks. Under the new schedule, […]
Smith: Pipeline Proposal Coming Within Weeks
Alberta Premier Danielle Smith expects pipeline companies to propose new oil routes to British Columbia’s coast within weeks, but Canada’s largest crude shipper demands major policy changes before considering such projects. Smith told Bloomberg on Tuesday that she has held active discussions with multiple energy firms about shipping Alberta crude to Pacific ports through a […]
Israeli Outlets Report Trump-Netanyahu Gaza Deal
Israeli media outlets reported Thursday that President Donald Trump and Prime Minister Benjamin Netanyahu agreed to end the Gaza war within two weeks and expand Middle East peace deals, but major international news organizations have not independently confirmed the claims. Israeli outlets cited unnamed sources claiming the leaders spoke by phone following recent US military […]
Canada’s Economy Contracts In April As Manufacturing Tumbles
Canada’s real gross domestic product edged down 0.1 percent in April, reversing a modest 0.2 percent gain in March, as broad-based declines in the manufacturing and wholesale trade sectors offset gains in services and public administration. The goods-producing side of the economy shrank by 0.6 percent in April, with manufacturing accounting for nearly all of […]
Copper Giant Issues $1.6 Million In Stock For Acquisition Of 53,474 Hectare Land Package
Copper Giant Resources (TSXV: CGNT) is set to substantially increase their landholdings in Colombia, with the firm this morning announcing that they will be acquiring a private Columbian entity whom holds 12 mining applications in the country. The purchase, which will see 7.5 million shares issued at a price of $0.21 per each for a […]
Crypto Infrastructure Provider Banxa Holdings To Be Acquired For $1.55 A Share In Cash
Crypto infrastructure provider Banxa Holdings (TSXV: BNXA) is set to be acquired by the Hong Kong-listed OSL Group. The transaction will see Banxa acquired for all cash as OSL works to grow its position in the digital asset industry. Under the terms of the agreement, Banxa shareholders are set to receive $1.55 per share of […]
Betting Platform Kalshi Raises $185M, Hits $2B Valuation
Prediction marketplace Kalshi has raised $185 million in a funding round that values the company at $2 billion, CEO Tarek Mansour announced Wednesday. Paradigm, a cryptocurrency investment firm, led the round. Other participants included Sequoia, Multicoin, Neo and Bond Capital, along with Citadel Securities CEO Peng Zhao. Kalshi allows users to bet on outcomes ranging […]
FHFA Tells Fannie & Freddie: Add Bitcoin to the Mortgage Toolkit
In an unprecedented policy shift, the Federal Housing Finance Agency on Wednesday ordered government-sponsored enterprises Fannie Mae and Freddie Mac to draw up plans for treating regulated cryptocurrency holdings as eligible reserves in single-family mortgage underwriting. The decision, signed by FHFA Director William Pulte, instructs the enterprises “to consider cryptocurrency as an asset for reserves… […]