Japan approved $3B to slash household power and gas bills for three months starting July, fighting soaring fuel prices from the Middle East war.
Hong Kong hit $2.95T in cross-border wealth, topping Switzerland for the first time via China ties and a 2025 IPO boom.
The ECB is urging banks to speed up IT security patching after Anthropic's new Mythos AI tool exposed global banking vulnerabilities by chaining lower-risk bugs.
Meta, Broadcom, and other tech firms are launching a $125 million semiconductor research hub at UCLA to accelerate AI chip innovations and train future engineering talent.
Japan's Nikkei fell 0.25% to 64,996.09, retreating from a record high as investors booked profits and rising oil prices weighed on sentiment.
Trump's economic legacy is tied to newly installed Fed Chair Kevin Warsh, as rising inflation and interest rates hurt consumer sentiment ahead of midterms.
Foreign-branded phone shipments in China grew 1.8% in April to 3.59 million units, while overall phone shipments rose 2.8% to 25.73 million.
Walmart is seeing a shift in its leadership ranks as Sam's Club COO Tom Ward retires and U.S. store operations EVP Cedric Clark departs the company.
Berkshire Hathaway's latest 13F filing reveals a significant portfolio overhaul by new CEO Greg Abel, characterized by a sharp reduction in total stock holdings.
Nissan subsidiary JATCO has scrapped a £48.7 million project to build EV powertrains in Sunderland, UK.
DHL, FedEx, and UPS are urging EU ministers to phase in new low-value package duties.
Major U.S. carriers, including American and United, are increasingly replacing small regional jets with Airbus A319 mainline aircraft on routes to secondary cities.
Nvidia CEO Jensen Huang confirmed that China is included in his $200 billion CPU market forecast. While licensing hurdles for H200 chips remain, he emphasized the market's importance amidst U.S.
Ferrari is launching its first EV, the €500,000 Luce, in Rome today. This bold, high-end move aims to define luxury electrification despite uncertain market demand.
The SEC is poised to introduce an innovation exemption allowing tokenized equities to trade on crypto-native infrastructure
Treasury Secretary Scott Bessent warned that China may use Hong Kong's digital asset sandbox to build a global alternative to US financial leadership.
Norwegian energy giants Equinor and Aker BP have agreed to swap stakes in several North Sea oil and gas fields, including Ringvei Vest, Yggdrasil, and Wisting.
Japan's exports rose 14.8% in April, exceeding market forecasts despite supply chain disruptions caused by the Middle East conflict.
The UK has issued temporary trade licenses delaying certain sanctions on Russian oil and liquefied natural gas.
UK business activity hit its lowest point since early 2021, with the S&P Global PMI falling to 48.5 in May as surging energy costs from the Iran war and domestic political uncertainty triggered a services sector slump. Economists warn the economy faces a perfect storm of contraction and rising inflation, leaving the Bank of England in a difficult position as
JPMorgan Chase has officially entered the German retail market with a new digital banking platform, offering fee-free savings accounts.
Nissan is considering downsizing its historic Yokohama Plant, its first such restructuring of a domestic parts facility, as the automaker seeks to cut costs and improve utilization amid ongoing global losses.
Japan is experiencing a severe naphtha shortage due to Middle East supply disruptions, forcing manufacturers to simplify packaging and retailers to raise prices as the cost of plastics and inks skyrockets.
LSEG signed a five-year VMware Cloud Foundation deal with Broadcom to modernize its infrastructure.