RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
BHP Refocuses on Growth After Anglo American Deal Falls Through
After Anglo American shareholders voted against BHP Group’s $49 billion takeover bid earlier this year, BHP has shifted its focus toward new growth avenues, according to company chairman Ken MacKenzie.
Rejection of Anglo American Bid
In May, BHP, the world’s largest mining company, abandoned its attempt to acquire Anglo American after multiple rejections. Speculation had risen as the six-month restriction on another approach neared its end, suggesting the potential for a renewed bid. However, MacKenzie confirmed at BHP’s annual meeting that the company has fully moved on.
“We approached Anglo American … we saw a unique opportunity for synergy," MacKenzie explained. "But their shareholders believed more in their management’s plan, so we respected that decision.”
New Growth Focus: Copper Mining in South America
BHP’s growth strategy has shifted to promising copper ventures. The company recently announced a C$4.5 billion ($3.25 billion) joint acquisition with Lundin Mining to develop Filo Corp, a copper-focused project in South America. This investment aligns with BHP’s strategic expansion into copper assets amid rising global demand for the metal, crucial for electrification and sustainable energy.
Conclusion
BHP’s focus on high-potential copper projects highlights its commitment to strategic growth after the Anglo American bid setback. By investing in sustainable resources like copper, BHP positions itself for future success in a resource-driven global market.
