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Trump Browbeats Asian Countries With Higher Tariffs
U.S. President Donald Trump has sent letters to nations including Japan and South Korea, threatening higher tariffs if new trade deals are not reached within three weeks in order to reduce U.S. trade deficit.

By The Financial District
4 minutes ago2 min read


Trump Officials To Trading Partners: Accept U.S. Tariffs Or Negotiate
As the White House rushed to secure trade concessions ahead of its self-imposed deadline, administration officials were in full force, delivering a clear message: accept the tariffs or come to the negotiating table.

By The Financial District
12 minutes ago1 min read


Trump: Powell Has “Easiest Job,” But Stagflation Risk Looms
Federal Reserve Chairman Jerome Powell “has one of the easiest jobs in Washington,” according to President Donald Trump—but markets may not agree.

By The Financial District
19 minutes ago1 min read


Nvidia Inches Closer To Record $4 Trillion Market Value
Nvidia is approaching a historic $4 trillion market valuation, with its stock closing at a record $160 per share.

By The Financial District
26 minutes ago1 min read


PSE Index In Slight Drop
The Philippine Stock Exchange (PSE) index posted a small loss of 3.32 points, or 0.05 percent, to close at 6,459.88 points.

By The Financial District
11 hours ago2 min read


Starbucks China Draws Bids Valuing Unit Up To $10 Billion
Starbucks is exploring a stake sale in its Chinese operations, with offers valuing the business at between $5 billion and $10 billion.

By The Financial District
23 hours ago1 min read


Bank of America Loses Major Kuwaiti Sovereign Fund Investor
Bank of America has lost another key investor as the Kuwait Investment Authority (KIA)—the Gulf state’s trillion-dollar sovereign wealth fund—sold its $3.1 billion stake in the bank.

By The Financial District
23 hours ago1 min read


Apple Loses Top AI Exec To Meta’s Hiring Spree
Meta has poached Ruoming Pang, the head of Apple’s artificial intelligence (AI) models team, marking a major setback for Apple’s AI ambitions.

By The Financial District
23 hours ago1 min read


"Jurassic World Rebirth" Extends Hollywood’s Box Office Run
Jurassic World Rebirth, from Comcast’s Universal Pictures, roared to the top of the global box office, notching the biggest opening of 2025 and continuing a strong summer run for Hollywood.

By The Financial District
23 hours ago1 min read


Russian Transport Minister Found Dead After Dismissal
Russia’s Transport Minister was found dead from a gunshot wound in an apparent suicide.

By The Financial District
23 hours ago2 min read


China Retaliates Against EU With Ban On European Medical Devices
China has announced that European medical device companies will be barred from participating in government procurement if the contract value exceeds 45 million yuan (about $6.28 million).

By The Financial District
1 day ago1 min read


"Super Contagious" "Frankenstein" COVID Strain Spreads Across UK
A highly transmissible new COVID-19 variant is spreading quickly across the UK and could become the dominant strain in the coming weeks.

By The Financial District
1 day ago1 min read


China Used Embassies To Undermine Sales Of France’s Rafale Fighter Jet
China deployed its embassies to cast doubt on the performance of French-made Rafale fighter jets following their involvement in combat during the India-Pakistan clashes in May, according to French military and intelligence officials.

By The Financial District
1 day ago1 min read


Markets Reacting Negatively To Trump Tax Bill: Politico
As congressional Republicans advanced their sweeping tax package in recent months, many fiscal hawks in the party believed they had a powerful ally: cautious titans of finance who had begun signaling that their appetite for U.S. debt might not be unlimited.

By The Financial District
1 day ago2 min read


PSE Index Down On Profit-Taking
The Philippine Stock Exchange (PSE) index declined Thursday as investors took profits, dragging the benchmark 41.14 points lower, or 0.63 percent, to close at 6,436.20.

By The Financial District
1 day ago2 min read


Trump Says U.S. Will Restart Talks With China On TikTok Deal
The United States will resume discussions with China early next week regarding a potential deal over the TikTok short-video app.

By The Financial District
2 days ago1 min read


Brazilian Police Nab Suspect In $100-M Banking Hack
Police in Brazil have arrested a suspect linked to a cyberattack that diverted more than 540 million Brazilian reais (about $100 million) from the country's banking system.

By The Financial District
2 days ago1 min read


X CEO Linda Yaccarino Resigns After Grok Posts Antisemitic Content
Linda Yaccarino, CEO of X, has announced her resignation after just over two years at the helm of the platform formerly known as Twitter.

By The Financial District
2 days ago1 min read


12 Red States Slash Services To Fund Tax Perks For The Wealthy
At least 26 states have launched “government efficiency” initiatives in recent months, typically through executive orders, legislation, or the creation of legislative committees.

By The Financial District
2 days ago2 min read


France Says "Major Issues" Remain Despite Brandy Price Accord With China
France has welcomed China's efforts to settle a trade dispute over European brandy imports but warned that “major issues” remain unresolved.

By The Financial District
2 days ago1 min read


Texas Floods Caused $22 Billion In Damage, AccuWeather Says
Last week’s catastrophic flooding in Texas, which killed more than 100 people, is among the deadliest and costliest flash floods in U.S. history.

By The Financial District
2 days ago1 min read


Strike By French Air Traffic Controllers Causes Flight Delays
A strike by French air traffic controllers seeking better working conditions brought chaos at the height of Europe’s summer travel season, with around 40% of flights to and from Paris canceled.

By The Financial District
2 days ago1 min read


China Tells EU It Can’t Accept Russia Losing War In Ukraine
Chinese Foreign Minister Wang Yi privately told the European Union’s top diplomat that Beijing cannot accept Russia losing its war against Ukraine, as that outcome could allow the U.S. to shift its full strategic focus to China.

By The Financial District
2 days ago2 min read


World Could Get Divided Into Three Blocs, Fortune Predicts
The era of lower trade barriers and growing economic interdependence is waning—and President Donald Trump’s aggressive trade policies are accelerating that shift.

By The Financial District
2 days ago2 min read
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