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Nvidia CEO Warns U.S. Could Cede AI Ground to Huawei If It Stays Sidelined

Nvidia CEO Jensen Huang issued a stark warning: continued U.S. restrictions on semiconductor exports to China could pave the way for Huawei to take control of the AI landscape domestically—and possibly gain a foothold in global dominance. Speaking to CNBC’s Arjun Kharpal at the Viva Technology conference, Huang acknowledged Nvidia’s technological edge, saying, “our technology […]

Chinese Companies Surge into U.S. Market Despite Escalating Trade Tensions

In a surprising display of business confidence, a wave of Chinese companies is expanding operations into the United States, brushing aside escalating trade tensions and a challenging geopolitical environment. Despite Washington’s imposition of steep tariffs—now totaling up to 55% on many Chinese goods—companies from the world’s second-largest economy are deepening their foothold across American industries. […]

Asia Accelerates De‑Dollarization Trend Amid Global Trade Shifts

The Reuters Bureau reports that Asia’s move away from the U.S. dollar is accelerating, driven by strategic shifts in central bank reserves, corporate financing, and geopolitical caution. In recent weeks, the Taiwan dollar has climbed by over 10% against the U.S. dollar, triggering a notable rally in regional currencies such as the Singapore dollar, South […]

Toyota Industries Set to Accept $42 Billion Buyout from Toyota Group

In a significant move poised to reshape Japan’s corporate landscape, Toyota Industries Corporation is preparing to accept a $42 billion takeover offer from Toyota Motor Corporation and other affiliated companies within the Toyota Group. The acceptance of this offer, expected imminently, will result in Toyota Industries becoming a private entity under the control of the […]

Steel Stocks Soar as Trump Doubles Tariffs to 50%; Cleveland-Cliffs Leads with 25% Surge

U.S. steel stocks experienced a significant surge following President Donald Trump’s announcement to double tariffs on imported steel and aluminum from 25% to 50%. The tariff increase is framed as a deliberate strategy to reinforce the domestic steel industry and lessen the nation’s reliance on foreign imports. Cleveland-Cliffs Inc. (NYSE: CLF) led the rally, with […]

Aviation Industry Soars Amid Global Economic Turbulence

Despite facing significant global economic headwinds, the aviation industry is poised for a robust performance in 2025. The International Air Transport Association (IATA) forecasts the aviation sector to post a net profit of $36 billion in 2025, an increase from $32.4 billion the previous year—underscoring the industry’s ability to stay resilient amid global trade frictions, […]

Gold Prices Soar Amid Escalating US-China Trade Tensions and Tariff Uncertainty

Gold prices experienced a significant surge on Monday, driven by escalating trade tensions between the United States and China, coupled with growing uncertainty surrounding tariffs. Investors flocked to the safe-haven asset as geopolitical risks intensified. Spot gold climbed 0.7% to $3,311.33 per ounce, while U.S. gold futures advanced by 0.6% to $3,335.40. The rally was […]

Abet Global: Unveiling the Truth Behind the Trading Platform

In the ever-evolving world of online trading, new platforms frequently emerge, promising innovative features and lucrative opportunities. One such platform gaining attention is Abet Global. Traders, especially in Pakistan, are curious: Is Abet Global a legitimate trading platform or just another scam? Investigating Abet Global’s Legitimacy Abet Global operates as a broker offering trading services […]

Dai-ichi Life Invests in M&G with 15% Stake, Launching $8 Billion Global Collaboration

In a significant move to bolster international collaboration, Japanese insurer Dai-ichi Life has announced the acquisition of a 15% stake in British asset manager M&G plc. This strategic partnership, valued at approximately $8 billion, aims to enhance both companies’ global reach and investment capabilities. Under the terms of the agreement, Dai-ichi Life will purchase the […]

U.S. Appeals Court Temporarily Reinstates Trump’s Tariffs Amid Legal Battle

In a significant development, the U.S. Court of Appeals for the Federal Circuit has temporarily reinstated President Donald Trump’s “Liberation Day” tariffs, following a lower court’s ruling that deemed them unconstitutional. This move introduces a new layer of complexity to the ongoing legal discourse surrounding executive authority in trade matters. On May 28, the U.S. […]