Antwerp diamonds shine brighter as US lifts import tariffs

Reading Time : 2 minutesAntwerp has regained its competitive sparkle after the US lifted 15 percent tariffs on polished diamonds from the EU. The exemption boosts Antwerp’s $2.1 billion annual exports, making its gems more attractive in the American market and securing the city’s role as a vital hub in the global diamond trade.

UAE President and OpenAI CEO Deepen AI Partnership

Reading Time : 2 minutesUAE President Sheikh Mohamed and OpenAI CEO Sam Altman met to deepen AI collaboration, accelerating research and real-world applications. Altman received an honorary doctorate for his contributions to AI. The partnership supports the UAE’s AI ecosystem growth, contributing to a knowledge-based economy and national AI strategy goals.

Global stocks sway as Wall Street rally loses momentum

Reading Time : 2 minutesGlobal stocks are wavering as Wall Street’s rally loses steam. Inflation data offered relief but did not dispel concerns about valuations or policy caution. Fed Chair Jerome Powell’s warning on stretched markets added to the hesitation, leaving investors looking to upcoming inflation and jobs data for clarity on future momentum.

TikTok’s $14B US Deal: Oracle Leads New Ownership

Reading Time : 2 minutes TikTok’s U.S. operations will be led by American investors including Oracle, Silver Lake, and MGX, separating from ByteDance with a $14 billion valuation. Oracle will secure user data and retrain TikTok’s algorithm to ensure autonomy from China. Though experts question the oversight, the deal reflects intense US-China tech tensions and political challenges ahead.

Alibaba partners with Nvidia to boost physical AI push

Reading Time : 2 minutesAlibaba is joining forces with Nvidia to integrate physical AI tools into its cloud platform, signaling a bold push into robotics and embodied intelligence. With billions pledged in infrastructure, the partnership merges Nvidia’s software power and Alibaba’s scale. Despite export restrictions and risks, markets reacted strongly, showing confidence in Alibaba’s evolving role in global AI.

Asian stocks stall as China tech dips before Powell speech

Reading Time : 2 minutesAsian stocks stalled after recent gains, with Chinese tech shares leading declines ahead of Jerome Powell’s speech. Investors paused as inflation worries and uncertainty over U.S. rate cuts weighed on sentiment. With valuations under pressure and regulatory risks looming, the coming days may set the tone for regional markets.

SEC fast-tracks crypto ETFs; DOGE, XRP launch; CME adds options

Reading Time : 2 minutesIt’s been a pivotal week for crypto markets. On September 17, the SEC approved generic listing standards enabling faster exchange listings for commodity-based ETPs, including those holding digital assets. A day later, REX-Osprey launched the first U.S. spot ETFs for Dogecoin (DOJE) and XRP (XRPR). CME Group will add options on Solana and XRP futures on October 13, pending review.

Wall Street Titans Forecast Gold’s Rise Toward $5000

Reading Time : 2 minutesWall Street’s leading investors are predicting gold could soar to $5000 as economic uncertainty, rising debt, and geopolitical tensions strengthen its appeal. With central banks expanding reserves and investor confidence in fiat currencies waning, gold is regaining strategic importance. Optimists see structural demand ahead, while skeptics warn of overreliance on extreme scenarios.

China enters UN innovation top 10 as Germany slips out

Reading Time : 2 minutesChina has entered the UN’s Global Innovation Index top 10 for the first time, pushing Germany out of the ranking. While Switzerland, Sweden, and the US hold the lead, China’s surge in patents and R&D spending signals a major shift in global innovation power. Meanwhile, global research growth has slowed to its weakest pace in years.

China’s crypto experiment in Hong Kong faces strict hurdles

Reading Time : 2 minutesHong Kong is positioning itself as China’s crypto testing ground, rolling out new rules for stablecoin issuance. But strict licensing requirements and high compliance costs have cooled early enthusiasm. While the city hopes to rival global hubs, its cautious approach risks slowing momentum, leaving Hong Kong balancing ambition and restraint under Beijing’s watchful eye.

Taiwan Firms Soar in August on AI and Tech Boom

Reading Time : 2 minutesTaiwanese companies demonstrated robust growth in August 2025, with significant revenue gains driven by AI and technology demand. Tong Yang, IoT Smart, and Inventec led the surge, benefiting from rising orders, cloud service adoption, and AI server needs. This momentum highlights Taiwan’s vital role in the global tech ecosystem, underscoring its resilience and innovation strength.

Qualcomm CEO Says Intel Not Ready for Chipmaking Role

Reading Time : 2 minutesQualcomm CEO Cristiano Amon stated Intel’s chipmaking technology isn’t ready to meet Qualcomm’s efficiency and performance standards. While the company sticks with TSMC and Samsung, Amon said Intel could still become a partner if it improves. For now, Qualcomm prioritizes proven suppliers to keep its Snapdragon platforms ahead in the semiconductor race.

AI-driven layoffs fuel profits as investors reward efficiency

Reading Time : 2 minutesSalesforce cut 4,000 jobs as AI took over half of its customer service tasks, and investors applauded. Revenue beat expectations at $10.24 billion, signaling a new era where automation fuels profits. But the rise of AI-driven layoffs highlights the growing tension between efficiency for businesses and job security for workers.

Nvidia’s New AI Chip Sparks China Market Buzz

Reading Time : 2 minutesNvidia is preparing a new AI chip, the B30A, tailored for China with enhanced performance and features. Despite regulatory hurdles and domestic competition, Chinese firms eagerly anticipate the chip’s arrival as Nvidia aims to maintain its significant market presence amid geopolitical challenges.