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Business news Wallace: Crypto Volumes Not Large in DIFC But Growing - Dubai's financial regulator is rolling out major updates to its crypto-token framework to bolster & regulate its digital asset environment. Elisabeth Wallace, Associate Director of Policy & Legal at the Dubai Financial Services Authority spBanks including Citi, JPMorgan slide after Trump calls for credit card interest rate limit - Posting on Truth Social, Trump said said he would "no longer let the American Public be 'ripped off' by Credit Card Companies."Trump threatens to sideline Exxon from Venezuela's oil: 'They're playing too cute’ - His comments come shortly after Exxon CEO Darren Woods said the Venezuelan market is "uninvestable" in its current state.Gold smashes new record of $4,600 as Powell probe and global flashpoints ignite safe-haven rush - Spot gold advanced higher to hit over $4,600 an ounce for the first time.Dutch chip stock BE Semiconductor pops 8% after orders jump 105% in fourth quarter - European stocks started the new week in negative territory as investors weigh geopolitical developments and pressure on Fed Chair Jerome Powell.World's most vital oil chokepoint back in focus amid possible U.S. action against Iran - In an extreme escalation scenario, where tankers are unable to pass or energy infrastructure is damaged, oil prices could surge by double digits, said analysts.What a U.S. intervention in Iran could look like as Trump weighs options - President Donald Trump could seek to replicate the Venezuela shock tactic in Iran, but analysts are skeptical of effectiveness of such intervention. China's AI and robotics push isn't enough to kickstart its economy, leaving growth more exposed to trade risks - New tech sectors still account for a far smaller portion of China's economy than the gap left by the real estate slump.Japan plans to dissolve parliament with possible snap election in February: NHK - The snap election, if called in Feburary, would be just about five months into Takaichi's term as prime minister.Fed Chair Powell under criminal probe by federal prosecutors: Report - President Donald Trump has criticized Federal Reserve chief Jerome Powell for not cutting interest rates as much and as quickly as the president wants.