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Coinbase’s x402 protocol sees 10 000% growth as AI wallets take off
Transaction activity on the Coinbase-launched protocol for AI-powered stablecoin payments, x402, skyrocketed over 10,000% last month. Designed for AI agents and users to transact autonomously, the ope...
Trump hits Canadian goods with 10% tariffs before Carney talks
President Donald Trump said on Saturday he is adding an extra 10% tariff on imports from Canada. He said the move is a response to a TV ad that used a Ronald Reagan speech in what he called a misleadi...
SoftBank doubles down on AI with $22.5 billion OpenAI investment approval
SoftBank has approved a second payment of approximately $22.5 billion to finalize its $30 billion investment in OpenAI, according to a report from tech news site The Information. Sources close to the ...
Scope Ratings downgraded the US credit rating to AA- due to worsening public finances
Washington’s drawn-out budget standoff has prompted Scope Ratings to trim the US’s credit grade by one notch. The European agency, which had earlier cautioned of the risks of a spending impasse, has a...
Sanae Takaichi told Trump the Japan–U.S. alliance is her top priority in their first call since she took office
Japan’s new Prime Minister Sanae Takaichi held her first official phone call with Trump on Saturday, soon after taking office last week. The call came while Trump was aboard Air Force One, traveling t...
President Trump to sign Asia mineral deals to pile pressure on Xi Jinping
President Donald Trump, in his usual style, plans to sign mineral deals in Asia, hoping to increase pressure on Chinese President Xi Jinping ahead of their much-speculated but yet-to-be-confirmed meet...
Bessent dismisses Wall Street’s market risks warnings in push for Trump’s policies
Scott Bessent, the hedge fund manager from South Carolina, now serving as Donald Trump’s Treasury secretary, has fired back at Wall Street’s constant complaining. Speaking from his office overlooking ...
Global equity funds end October strong as investors regain risk appetite
Global funds posted strong records in three weeks following an easing of U.S.-China trade tensions. The easing inflation data in the U.S. has also pushed the global fund markets to strong results. Lip...
EU warns of trade retaliation if China escalates rare-earth exports curbs
European Commission President Ursula von der Leyen said on Saturday that Brussels will “use every tool” it has to counter China’s tightening control over critical raw materials, warning that the bloc ...
Investors believe Russia will copy Iran's backdoor tactics to dodge Trump’s new oil sanctions
Wall Street isn’t fooled. Investors believe Russia will beat Trump’s new oil sanctions the same way Iran did; slowly, but quite effectively. The penalties slapped on Rosneft and Lukoil are serious. Bu...
Former Bill Clinton Trade Rep warns that US, China can only reach temporary fix
Any trade deal between the United States and China will do little more than pause the bleeding. That’s the take from Charlene Barshefsky, former U.S. Trade Representative under Bill Clinton, who told ...
U.S. and Chinese officials meet to defuse trade tensions in Malaysia
Senior officials from America and China sat down for crucial discussions in Malaysia’s capital on Saturday, hoping to prevent their trade dispute from escalating and ensure that the two presidents can...