As the August 1 tariff deadline looms, tensions are mounting globally following President Donald Trump’s latest round of tariff notices targeting key U.S. allies. The White House’s formal tariff notifications have triggered diplomatic unease across continents, with governments in Asia, Africa, and Europe scrambling to respond. Japan called the move “truly regrettable,” signaling deep dismay […]
Tesla’s stock dropped nearly 7% in premarket trading on July 7 after Elon Musk’s announcement of the “America Party.” Analyst Dan Ives from Wedbush warned that growing investor fatigue is setting in, as Musk appears to be shifting energy toward political pursuits at the expense of Tesla. Tesla stock is down around 21–27% year-to-date, and the […]
In an era where speed, automation, and real-time analytics define trading success, Abet Global emerges as a tech-first brokerage, prioritizing advanced tools like MetaTrader 5 (MT5) to empower modern traders. MT5 is more than just a platform—it’s the heartbeat of Abet Global’s offering. With cutting-edge charting capabilities, dozens of built-in indicators, timeframes ranging from one […]
Samsung Electronics’ forecast of a 39% decline in Q2 operating profit highlights its mounting struggle in the AI-driven memory sector. While competitors SK Hynix and Micron have enjoyed momentum, Samsung has lost ground, hampered by both supply delays and regulatory hurdles in China. Analysts point to Samsung’s hold on HBM3E chip shipments to Nvidia as […]
Asian markets opened lower today in response to President Trump’s directive to impose additional 10% tariffs on countries aligning with BRICS’ “anti‑American policies”. Key currencies including the yuan, won, rupiah, and baht slipped by 0.2–0.5%, while the Indian rupee edged toward the 85.5–85.6 level relative to the dollar. This fresh escalation comes ahead of a […]
Germany has stepped forward as a vocal advocate for swift action. Chancellor Friedrich Merz stressed that a timely tariff resolution is essential to preserve Europe’s economic stability, particularly in the auto, metal, and pharma sectors. While Brussels reportedly seeks a two-page framework deal, including possible 10% tariffs and automotive eased restrictions, some EU governments are still […]
Asia’s manufacturing hubs are on alert after the U.S.–Vietnam trade deal announced this week included a 40% tariff on goods that are transshipped—that is, goods that originated in China (or elsewhere) but are shipped via Vietnam for export to the U.S. Economists at Citi warn that this penal rate could hit not only Vietnamese firms […]
A new survey by UBS Asset Management reveals a deepening sense of caution among the world’s central banks regarding their exposure to U.S. financial instruments. A full two-thirds of reserve managers are now voicing apprehension over the Federal Reserve’s autonomy, while close to half are increasingly alarmed that a weakening U.S. rule of law could […]
Mainland Chinese investors are reshaping Hong Kong’s equity markets. A record US $90 billion of inflows from onshore investors fueled a 21% rally in the Hang Seng during H1 2025. This surge coincided with 31 IPOs raising $10B and another $26B from follow-ons, making Hong Kong the world’s top venue by deal volume. The Hong Kong Stock […]
Amazon has officially rolled out its 1 millionth robot across global fulfillment centers, a milestone made even more significant by the deployment of its in-house AI model, DeepFleet. This achievement underscores Amazon’s transformation from a retail giant into a technology powerhouse—leveraging artificial intelligence, robotics, and logistics optimization to reshape the future of commerce. The star […]