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.

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.

Federal Reserve Chairman Jerome Powell “has one of the easiest jobs in Washington,” according to President Donald Trump—but markets may not agree.

Nvidia is approaching a historic $4 trillion market valuation, with its stock closing at a record $160 per share.

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.

Starbucks is exploring a stake sale in its Chinese operations, with offers valuing the business at between $5 billion and $10 billion.

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.

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

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.

Russia’s Transport Minister was found dead from a gunshot wound in an apparent suicide.

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).

A highly transmissible new COVID-19 variant is spreading quickly across the UK and could become the dominant strain in the coming weeks.

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.

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.

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.

The United States will resume discussions with China early next week regarding a potential deal over the TikTok short-video app.

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.

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

At least 26 states have launched “government efficiency” initiatives in recent months, typically through executive orders, legislation, or the creation of legislative committees.

France has welcomed China's efforts to settle a trade dispute over European brandy imports but warned that “major issues” remain unresolved.

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.

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.

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.

The era of lower trade barriers and growing economic interdependence is waning—and President Donald Trump’s aggressive trade policies are accelerating that shift.