Alibaba, Tencent and Baidu Bet $2.8 Billion Together on the Same AI Video Rival – and That Tells You Everything
Kuaishou Technology announced on Thursday that a consortium of investors including Alibaba, Tencent, and Baidu will inject more than 19…
Investors Buy the Dip Hard: $10.4 Billion Floods Into Global Equity Funds as Tech Earnings Thesis Holds
Global equity funds attracted net inflows of $10.44 billion in the week to July 1 – roughly a quarter more…
India Pushes Back Against Proposed 12.5% U.S. Tariff as Global Trade Tensions Reshape Export Strategy
India is preparing to formally challenge a proposed 12.5% tariff on its exports to the United States, a move that…
Shipping Rebounds in the Strait of Hormuz After U.S.-Iran Deal, but Global Trade Risks Are Far From Over
Vessel traffic through the Strait of Hormuz has shown measurable recovery following a diplomatic agreement between the United States and…
Bangladesh’s BUILD Calls on Central Bank to Align Monetary Policy with Expansionary Budget Amid Global Economy Pressures
Bangladesh's business community is pushing back against what it sees as a growing disconnect between fiscal ambition and monetary restraint.…
How a Sitting US President Became Crypto’s Biggest Earner – and Why the Numbers Create More Questions Than They Answer
President Donald Trump's 2025 financial disclosure, a 927-page filing submitted to the US Office of Government Ethics, reports more than…
Warsh at Sintra: The Fed Chair Who Won’t Tell You What Comes Next
Kevin Warsh used his first international appearance as Federal Reserve Chairman to consolidate the anti-guidance posture he unveiled at his…
US Construction Spending Edges Up 0.1% in May but the Story Underneath Is Divergence, Not Growth
US construction spending rose a statistically marginal 0.1% in May to a seasonally adjusted annual rate of $2.21 trillion, according…
FedEx Sells Its Warehousing Arm to CMA CGM for $1.4 Billion in Another Step Toward Pure-Play Parcel Delivery
FedEx has agreed to sell its contract logistics subsidiary, FedEx Supply Chain, to French container shipping and logistics group CMA…
AI Is the Only Thing Anyone Talked About at Sintra – and Nobody Has the Answers
Artificial intelligence dominated the ECB's three-day annual forum in Sintra, Portugal to an extent that surprised even veteran observers of…
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