THE DAILY BRIEFING

A clearer view of today.

The stories that matter. The context you need.

INDEPENDENT PERSPECTIVEFree to read.
Every day.

Business

Your briefing

3 min read

AI-assisted briefingHow we put it together ↗
BHP drops Anglo American takeover, ending months-long pursuit

BHP said it will no longer pursue a deal for Anglo American after fresh discussions, closing the door on what would have been one of mining’s largest combinations. The decision removes a major M&A overhang in global mining, with investors now refocusing on BHP’s organic copper and potash growth pipeline and Anglo’s planned portfolio simplification.

Source: Seeking Alpha


Deutsche Bank sees S&P 500 at 8,000 in 2026 as earnings broaden beyond megacap tech

Strategists at Deutsche Bank forecast the S&P 500 reaching 8,000 by 2026, arguing that profit growth will rotate from a narrow group of AI/tech leaders to a broader set of sectors. The call hinges on a soft-landing backdrop, stabilizing rates and a reacceleration in operating leverage across cyclicals and services.

Source: Seeking Alpha


Singapore unveils SGX–Nasdaq dual-listing bridge and S$30M program to lift equity market

MAS outlined a direct dual-listing pathway between SGX and Nasdaq targeting mid-2026, allowing issuers to use a single US-comparable disclosure set and tap liquidity pools in Asia and the U.S. In tandem, a S$30 million “Value Unlock” package will fund strategy, IR and communications upgrades for listed firms; market-maker incentives, custody modernization and smaller board lots aim to deepen liquidity.

Source: FinanceFeeds


UK’s FCA advances equity consolidated tape to boost market transparency and liquidity

The FCA began consulting on a long-awaited equity consolidated tape that would aggregate post-trade data and top-of-book quotes across UK venues. Aiming for a 2027 go-live with a staged rollout, the tape is designed to reduce fragmentation costs, improve execution assessment, and enhance the UK’s global competitiveness versus U.S./EU markets.

Source: FinanceFeeds


Deutsche Börse and SG-FORGE move regulated euro/dollar stablecoins into mainstream settlement

Deutsche Börse will integrate SG-FORGE’s MiCA-aligned CoinVertible (EUR/USD) stablecoins into Clearstream workflows and list them on its digital platforms, positioning tokenized cash for collateral mobility and instant settlement. The tie-up signals Europe’s push for compliant, institutional-grade stablecoins to underpin tokenized securities and future wCBDC ecosystems.

Source: FinanceFeeds


Binance adds Swiss franc to triparty collateral as institutions diversify off-exchange assets

Binance expanded its bank triparty framework to accept CHF collateral—alongside support for BlackRock’s BUIDL token—mirroring prime broker-style multi-currency practices. With zero triparty fees extended to March 31, 2026, the move gives market makers and funds more flexibility to manage FX and counterparty risk while trading on centralized venues.

Source: FinanceFeeds


South Korea’s FIU readies major penalties for crypto exchanges after Upbit fine

Following a 35.2 billion won fine on Upbit’s operator for AML lapses, Korea’s FIU is poised to sanction Korbit, Gopax, Bithumb and Coinone for similar shortcomings in KYC, transaction controls and travel-rule compliance. The crackdown may reshape market share and raise compliance costs as regulators push the industry toward institutional standards.

Source: FinanceFeeds


You May Also Be Interested In...

Spot Bitcoin ETFs see ~$238M in net inflows, hinting at sentiment turn

VALR adds multi-currency fiat rails via OpenPayd

tZERO hires Bosonic alum Mike Diedrichs to lead global sales

Byreal slashes Solana LP costs by 95% and adds social liquidity tools

U.S. stock futures rise as holiday-shortened week begins

Business — November 24, 2025 | Briefing24