Why the U.S. dollar still reigns supreme

The Australian Securities Exchange (ASX) has announced a reduction in dividend payouts following the imposition of an additional charge of approximately $100 million by regulators. This decision reflects the exchange's need to adjust its financial strategies in light of regulatory pressures.

China's recent wave of small bank mergers has led to a contraction in the banking sector, raising concerns about the potential increase in financial risks. This consolidation is seen as a response to the ongoing economic challenges facing the country, including declining investment and consumer demand.

The oil and gas sector is undergoing a significant digital transformation, moving from cloud computing to more advanced artificial intelligence (AI) technologies. This shift is aimed at enhancing operational efficiency and adapting to the evolving market landscape.

South Korea's economic recovery in 2026 faces potential risks, including rising unemployment and currency depreciation, as indicated by a recent increase in the jobless rate to 2.7% in November. This uptick reflects ongoing challenges in the labor market and broader economic conditions.

Many voters who supported former President Trump are feeling the impact of rising prices but are reluctant to hold him accountable for their financial struggles. Despite the pinch of inflation, a significant portion of his base maintains that the president should not be blamed for the current economic conditions.

Wall Street closed lower amid growing concerns over a potential artificial intelligence (AI) bubble and persistent inflation, leading investors to retreat from the market. This downturn reflects a broader sentiment of uncertainty as traders react to fluctuating economic indicators.