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Brazil Denounces Dollar Weaponization, Upholds Right to Trade in National Currencies
Fernando Haddad, Brazil’s finance minister, recently criticized the so‑called “weaponization” of the U.S. dollar, warning of its pernicious effects on the currency’s reserve status. Haddad also said B...
ByteDance's valuation hits $330B on share buyback plan
ByteDance, the Chinese internet giant behind the popular short-video app TikTok, is considering a huge stock buyback in a deal that would value the company at more than $330 billion. The deal undersco...
Moscow entices Washington with a rare earth proposal in peace bargain
Russia is rich in rare earth reserves and is willing to use them to get a better deal from the U.S. on Ukraine, a statement by a high-ranking government official in Moscow has indicated. The hint came...
U.S.-led coalition accuses three Chinese companies of aiding hacks by domestic intelligence agencies
Thirteen nations, including the U.S., Britain, and Japan, have come together to accuse three Chinese companies of aiding in hacking operations linked to state-backed agencies. An unusually broad coali...
Defense companies and start-ups are competing for new multibillion-dollar government spending on underwater defense
Industries are competing to be the recipients of the underwater defense spending spree from nations facing maritime threats. Defense companies, technology start-ups, and marine contractors are positio...
Trump threatens tariffs, EU defends tech rules
A day after U.S. President Donald Trump threatened tariffs and export limits tied to digital services taxes, the European Union on Tuesday rejected claims that its technology rules are biased. Europea...
Standard Chartered forecasts Ethereum at $7,500 as treasury inflows rise
Ethereum (ETH) is at the centre of renewed attention after a recent price pullback created a potential entry point for investors. Standard Chartered has forecast that ETH could rise to $7,500 by year-...
U.S. core capital goods orders rise 1.1% in July as businesses ramp up spending
U.S. core capital goods orders rose by 1.1% in July, according to Commerce Department data released Tuesday. That jump followed a revised 0.6% drop in June, pointing to businesses finally moving forwa...
South Korea open to $350 billion investment in non-binding US deal
South Korea plans to set out a non-binding framework with the United States to spell out how to run and structure the $350 billion in investment pledged under a July trade agreement, a senior official...
US Treasury sells out long-dated debt amid Fed independence concerns
Long-dated US government debt fell on Tuesday after investors reacted to President Donald Trump’s attempt to dismiss a Federal Reserve governor, which they feel undermines the central bank’s independe...
50% U.S. tariffs set to kick in on Indian goods from August 27
The U.S. has imposed a new 50% tariff on Indian-origin goods starting Wednesday, August 27. The tariff is a response by the Trump administration to India’s continued purchase of discounted Russian oil...
Markets brace for impact of China sales, US deal ahead of Nvidia's earnings
Investors will focus on Nvidia’s China business when the artificial intelligence chipmaker reveals its earnings report on Wednesday, after a trade deal with and fresh pushback from Beijing introduced ...