Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Global energy investment is set to reach a record $3.3 trillion in 2025, with clean energy technologies taking the lead, according to the International Energy Agency (IEA). Despite global economic uncertainty and geopolitical tensions, spending on renewables, nuclear, and energy storage is projected to hit $2.2 trillion—double the amount expected for fossil fuels.
The IEA’s annual World Energy Investment report highlights solar energy as the biggest winner, with investment expected to top $450 billion next year. Battery storage is also gaining traction, with spending forecast to jump to $66 billion, as demand grows for technologies that support the intermittency of renewables by storing excess power for peak usage periods.
In contrast, investment in oil and gas is projected to decline. Upstream oil investment is expected to drop by 6% in 2025, marking the first decrease since the 2020 pandemic-induced downturn. The decline is driven by lower oil prices and reduced demand forecasts.
However, the IEA warns of a looming risk to electricity security due to lagging investment in power grids. Current annual grid spending of $400 billion falls short compared to generation and electrification investments. The agency stresses that grid investments must reach near parity with generation by the early 2030s, but progress is hindered by regulatory delays and supply chain bottlenecks for essential components like transformers and cables.
Spending is also uneven globally. While China accounts for nearly one-third of clean energy investment, many developing nations face difficulties attracting capital for essential infrastructure upgrades, underscoring a widening global energy gap. The IEA urges accelerated and balanced investment to ensure a secure and sustainable energy future.
