Donald Trump announces 100% tariff on foreign pharmaceuticals from October
Shares in both companies were sharply lower in after-hours trading in Europe. The tariffs include 100% on pharmaceuticals,…
SC Ventures and Fujitsu form quantum computing partnership
Standard Chartered Bank’s SC Ventures unit is joining forces with Fujitsu to accelerate the development of quantum computing…
BIS researchers harness AI to forecast financial market dysfunction
Researchers from the Bank for International Settlements have used AI to produce daily forecasts of market dysfunction 60…
Japan’s Auto Industry Struggles to Adapt to “New Normal” of Tariff Landscape
Japan’s automotive industry is suffering a severe blow from US President Donald Trump’s punitive tariff rates. The top…
Mood of the Boardroom: NZ CEO survey shows weaker confidence as global trade tensions bite
“Consumer confidence remains very subdued and, while we are seeing recovery first in the regions, it is not…
Central banks navigate economic, political and trade crosswinds
KUWAIT: This week saw pivotal key central bank decisions, political developments, and key economic data releases, driving market…
Indian and Canadian officials agree to take steps to restart trade talks, cooperate in defence, critical minerals
Officials from India and Canada met as part of pre-Foreign Office consultations on Friday and agreed to take…
New Zealand, Saudi Arabia form business council
Council free trade agreement and boost investment flows between the economies. Economic significance Saudi Arabia represents a USD$3…
‘A distraction’: Stuart Nash dumped from US trade trip after crude comments
“Don’t know who told you I was dropped,” he sent in a text message. “I have just delayed…
Australian cow market at record high as US demand hits ‘scary times’
Australia’s processor cow indicator has reached a record high price as the United States ramps up imports of…
Klarna to appear on Apple Pay for instore payments
Klarna is to provide Apple Pay users with access to BNPL loans at instore checkouts in the UK…
China says head-of-state diplomacy ‘irreplaceable’ for steering Sino-US ties
This undated file photo shows the national flags of China (left) and the United States. (PHOTO / XINHUA)…