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 ↗
BoJ lifts rates to 0.75%, signaling firmer policy shift in Japan

The Bank of Japan unanimously raised its policy rate to 0.75%, its second hike this year, underscoring a gradual exit from ultra‑easy policy. The move strengthens the yen’s appeal, narrows rate differentials with the U.S., and adds pressure to crowded carry trades, with ripple effects for global bond yields and Asia equities.

Source: Seeking Alpha


U.S. growth beats, S&P 500 and gold notch records as “Goldilocks” narrative endures

U.S. GDP accelerated to a 4.3% annualized pace in Q3, powering the S&P 500 to a new all-time high and gold above $4,500/oz. Investors are leaning into a mix of resilient growth and easing inflation, even as the bond market tempers hopes for early 2026 rate cuts.

Source: FinanceFeeds


U.S. to levy new tariffs on Chinese semiconductors from 2027

Washington plans fresh tariffs on Chinese-made chips starting June 2027, extending strategic trade pressure on advanced tech supply chains. The move could reshape sourcing decisions for U.S. OEMs and foundries, complicate China-based assembly, and sharpen competitive dynamics for U.S. and allied semiconductor firms.

Source: Seeking Alpha


Spain fast-tracks MiCA and DAC8 for 2026, ending crypto’s gray zone

Spain confirmed full enforcement of EU MiCA licensing by July 1, 2026 and DAC8 tax reporting from Jan. 1, 2026, shortening the transition for existing providers. Crypto businesses face bank-like standards, automatic client data reporting, and tighter consumer protections—raising compliance costs but offering regulatory certainty in a major EU market.

Source: FinanceFeeds


DTCC & BNY roll out “Collateral-in-Lieu” to ease path to Treasury clearing

DTCC’s FICC and BNY launched a Collateral-in-Lieu service that applies a CCP lien to triparty collateral, removing duplicative margin and sponsor guarantees for many sponsored clients. With Treasury repo clearing mandates arriving in 2026–27, the change aims to lower balance-sheet and liquidity frictions while preserving CCP risk protection.

Source: FinanceFeeds


Clearwater Analytics agrees to $8.4B take-private by Permira/Warburg Pincus

The investor group will acquire Clearwater at $24.55 per share, a ~47% premium, in one of the year’s largest fintech LBOs. Going private positions the investment data and accounting platform to accelerate AI, risk, and front-to-back integration—reflecting strong PE appetite for scaled, mission‑critical infrastructure.

Source: FinanceFeeds


Bank of Russia proposes retail crypto access under capped, tiered regime

Moscow’s new framework would let non-qualified investors buy a limited set of liquid crypto assets (up to RUB 300,000/year) after a knowledge test, while qualified investors get broader access (excluding privacy coins). The plan formalizes tax reporting, channels activity via licensed intermediaries, and keeps domestic crypto payments banned.

Source: FinanceFeeds


You May Also Be Interested In…
Business — December 24, 2025 | Briefing24