Elon Musk, the billionaire chief executive of Tesla Inc (NASDAQ: TSLA) has officially launched a new political movement – the America Party – in a dramatic shift that’s rattling investors and reigniting tensions with President Donald Trump.The announcement, made on Musk’s social platform X, follows his vocal opposition to Trump’s…
Brazil is planning to return to international debt markets in the second half of 2025 after a successful issuance of sovereign bonds earlier this year, Treasury Secretary Rogerio Ceron said on Monday.In February, the nation sold $2.5 billion in dollar-denominated bonds, then returned to the market for another $2.75 billion…
President Donald Trump has stepped up his trade push, announcing that starting August 1, the US will raise tariffs across the board on goods from at least seven countries.In a series of posts on his platform, Truth Social, Trump shared images of signed letters sent to the leaders of Japan,…
Asian stock markets swung between gains and losses at Tuesday’s open, as investors worked to assess a fresh wave of tariff threats from U.S. President Donald Trump, targeting 14 US trading partners. While some regional bourses, like Japan’s Nikkei, managed to edge higher, the new tariffs weighed on broader sentiment…
The Japanese yen fell broadly on Tuesday while the US dollar held firm, as currency markets reacted to the latest salvo in President Donald Trump’s chaotic trade war: the unveiling of 25% tariffs on goods imported from key US trading partners Japan and South Korea.President Trump on Monday began notifying…
Shein has confidentially submitted plans for an initial public offering in Hong Kong as the fast-fashion giant looks to speed up its prolonged listing efforts and push UK regulators to approve a potential London debut, the Financial Times has reported. The Singapore-headquartered company, originally founded in China, submitted a draft…
After three and a half years of total war, Ukraine’s defence tech industry has become the world’s most active battlefield laboratory. It’s producing and deploying defence technologies faster, cheaper, and more creatively than any military in modern history. With $43 billion secured for its defence industry this year, over one million drones…
European stock markets began Tuesday’s trading session with a mixed and tentative tone, with the regional Stoxx 600 index hovering just above the flatline. Investors continue to grapple with persistent uncertainty surrounding US trade policy, even as some breathing room appears to have been granted for negotiations between the European…
A wave of shock and regret has rippled across the globe as key US allies and trading partners digest President Donald Trump’s latest tariff letters, which threaten steep new duties on their exports. Despite the unwelcome news, most nations have publicly expressed optimism that ongoing negotiations will ultimately yield more…
Earlier this year, Japanese Prime Minister Shigeru Ishiba traveled to Washington with a bold offer. He was aware about President Donald Trump’s frustration over the imbalance in US-Japan trade relations and offered to boost Japan’s cumulative investment in the United States to $1 trillion. It was more than a symbolic…