'Hostile act': Trump threatens EU with tariffs over Canada associate-membership proposal
European Commission President Ursula von der Leyen said EU is opening the door for Canada to become the first associate member of the 27-member bloc.
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China’s Gas Demand Outlook Clouded by Guangdong’s Power Shift
Electricity market reforms in one of China’s economic powerhouses could herald a more sweeping slowdown in the country’s demand for natural gas.
Morgan Stanley Says Bathla Shows Need for More Credit Disclosure
Morgan Stanley researchers have suggested greater disclosures to assess credit risk tied to property developers, following the collapse of Sydney’s Bathla Group.
Inside India newsletter: The world’s largest real-time payments system will no longer be free for all
India's digital payment system, which processes more than 1 million transactions every two minutes for free now, will start charging fees to merchants.
Trump Denied Rate Cut as Federal Reserve Targets War-Stoked Inflation
A year ago, when Kevin Warsh was angling to lead the Federal Reserve, he called out the central bank for keeping interest rates too high and touted a technological revolution that would spur growth without driving inflation.
Berkshire May Boost Japan Trading House Holdings, Itochu Says
Berkshire Hathaway Inc. is considering increasing its holdings in Japanese trading houses, according to the head of the lobby group for the firms.
Trump Bans Canadian Goods From US Government Purchases
President Donald Trump directed agencies to remove Canadian goods from government contracts, executing an earlier threat as tensions between the two countries flare.
Malaysia’s Battered Bonds Face Growing Risk of Japan Fund Exodus
Malaysia’s struggling bond market may see an outflow of Japanese capital as its yield premium shrinks.
BOJ Faces Higher Bar to Support Yen After Fed’s Hawkish Hike
The yen’s sharp drop after the Federal Reserve’s hawkish hike is raising the stakes for the Bank of Japan’s policy meeting Friday, with strategists warning the currency could weaken further unless officials convince markets that more tightening is…
Gold Holds Decline After Fed Tilts Hawkish and Raises Rates
Gold held a decline after the Federal Reserve raised interest rates for the first time in three years and signaled another hike was likely before year-end.
Trump says he still has confidence in Fed Chair Warsh, demands 1% or lower interest rates
President Donald Trump previously threatened to cut off trade with countries that have trade surpluses with the U.S. if the Fed doesn't cut interest rates.
Snap tries to bring AR glasses to enterprise market, partnering with Nvidia, AWS and Salesforce
Snap is partnering with Nvidia, Amazon Web Services and Salesforce as part of an enterprise sales push centered on its $2,000 Specs AR glasses.
CATL Bulls Reject ‘De‑CATLization’ Fear After $100 Billion Rout
Contemporary Amperex Technology Co. Ltd. bulls are unfazed by a $100 billion market value wipeout over just four months, arguing the Chinese battery leader’s technology moat makes it a clear winner in the long-term global energy transition.
Fed to Pressure Asian FX With Yen in Focus, Strategists Say
The US Federal Reserve’s first interest-rate increase since 2023 and its signal of an additional hike later this year turn the spotlight on other central banks, including the Bank of Japan, set to review monetary policies.
Salesforce issues revenue target of over $63 billion for fiscal 2030, beating estimates
Salesforce issued some updated longer-term financials at its annual Dreamforce conference.
Hong Kong Follows Fed With First Rate Hike in Over Three Years
The Hong Kong Monetary Authority followed the US Federal Reserve in raising interest rates for the first time since 2023, a decision that could threaten a property recovery unfolding since last year.
OpenAI reports 6 new instances of 'concerning model behavior' since March
OpenAI has disclosed six new cases of model misbehavior and offered a framework for disclosing future instances, as the debate over AI model safety intensifies.
BOE Set to Hold Rates With Warning on Inflation: Decision Guide
The Bank of England is expected to hold interest rates as it waits for more evidence that a fresh bout of inflation risks a damaging wage-price spiral.
Asia Risks Unrest as El Niño, War Threaten Food Supplies, Consultancy Says
Severe weather disruptions will amplify food security risks in Asia, potentially triggering civil unrest and political instability in vulnerable countries such as India, Indonesia and the Philippines, according to consultancy Verisk Maplecroft.
IMF Urges RBA to Stay Hawkish, Warns of Inflation Upside Risks
Australia’s central bank should stand ready to hike interest rates as needed given inflation risks remain tilted to the upside, the International Monetary Fund said, adding that the government could support disinflation by tightening its fiscal…
Arm CEO says he's more confident its new AI chip can meet a loftier $2B revenue goal
Arm Holdings CEO Rene Haas said Wednesday he is increasingly confident the chip designer can secure enough supply to meet $2 billion in customer demand.
New Zealand’s Economic Growth Beat Estimates Last Quarter
New Zealand’s economic growth exceeded estimates in the three months through June even as the Middle East conflict sent fuel prices soaring, squeezing local households and weighing on corporate activity.
The Fed’s Unanimous 25-basis-point Hike Puts Trump and Warsh on Collision Course
The Fed bucked political pressure and voted unanimously for a 25-basis-point hike.
House passes sweeping Russia sanctions bill honoring Lindsey Graham, sends to Trump
The Lindsey Graham Russia sanctions bill is on a path to become law after the House votes in favor.