Reading Time : 2 minutes Nintendo’s Switch 2 has shattered sales records with 3.5 million units sold in four days. The Mario Kart World bundle boosted demand despite early tariff fears that delayed pre-orders. Thanks to a tariff pause and strong launch titles, Nintendo overcame challenges to deliver a highly successful console debut, setting the stage for continued growth in 2025.
Reading Time : 3 minutesA rare earth shortage, driven by China’s export curbs, threatens to disrupt car production, tech, and healthcare. With only months of U.S. stockpiles left, industries face delays and price hikes. Trade talks offer hope, but long-term fixes lag. This crisis exposes the fragility of global supply chains and overreliance on one nation.
Reading Time : 2 minutes DeepSeek’s latest update to its R1 reasoning model boosts performance while keeping a low profile. Despite lacking a flashy release, the R1‑0528 version impresses in benchmarks and reflects China’s growing AI strength.
Reading Time : 2 minutes Switzerland has proposed strict capital rules targeting UBS, including $26B in extra capital and full foreign subsidiary coverage. UBS calls it extreme, but markets stayed calm.
Reading Time : 2 minutes Asia’s ETF market is exploding with innovation, driven by rising demand for diversification, active strategies, and leveraged exposure. With nearly $1 trillion in assets, the region is fast becoming a global ETF leader.
Reading Time : 2 minutes Trump’s new 25% tariffs on pharmaceuticals aim to boost U.S. manufacturing. The move could reshape global drug supply chains and spark retaliation. Major exporters like Ireland, China, and Germany may face steep losses. Consumers in the U.S. could see rising prices.
Reading Time : 2 minutesPresident Trump’s doubling of steel and aluminum tariffs to 50% has drawn sharp criticism from the EU, risking trade talks and raising costs globally. While aiming to boost U.S. steel production, the move complicates relations with allies like the UK and threatens retaliatory actions. Negotiations remain tense as both sides seek a way forward.
Reading Time : 2 minutes The SEC has ruled that meme coins like $TRUMP do not meet the criteria of securities under the Howey test. Their value is driven by speculation and community hype, not managerial efforts, placing them outside SEC jurisdiction. This leaves investors without typical protections and raises questions about future regulatory oversight in the evolving crypto space.
Reading Time : 2 minutes Alibaba’s Taobao Instant Commerce has surpassed 40 million daily orders in just one month, offering 60-minute delivery across diverse products. Powered by Ele.me’s logistics, this service intensifies competition with JD.com and Meituan in China’s rapidly growing instant retail market, projected to reach over 2 trillion yuan by 2030.
Reading Time : 2 minutes China’s chip industry is pushing ahead fast despite U.S. sanctions. Hygon is set to unveil a powerful processor, while merging with Sugon to boost local tech capabilities. This marks a clear step toward reducing foreign tech reliance and securing a strong place in the global semiconductor arena.
Reading Time : 2 minutesRio Tinto and Codelco have partnered to develop Chile’s high-grade Salar de Maricunga lithium project. With a $900 million phased investment and advanced Direct Lithium Extraction technology, the joint venture aims to deliver lithium by 2030, boosting Chile’s global lithium supply while promoting sustainable resource development.
Reading Time : 2 minutes Moody’s downgraded the US credit rating from AAA to Aa1 due to rising debt and interest burdens. It’s a historic shift with global impact, sparking market jitters and political pushback.
Reading Time : 2 minutesSaudi Arabia partners with NVIDIA to create a global AI hub, advancing AI factories, digital twins, and smart city solutions, supporting Vision 2030 goals.
Reading Time : 2 minutes India is set to be the fastest-growing major economy in 2025 with 6.6% growth, driven by consumption, exports, and strong monsoons.
Reading Time : 2 minutes Coinbase is being investigated by the SEC over claims it exaggerated user numbers. At the same time, the company faces backlash from a major data breach.
