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Reading Time : 2 minutes Trump is launching a mobile phone service and a golden smartphone, wrapped in patriotic branding. The $47 plan and $499 phone are aimed at his base, with promises of American-made hardware and bundled services. But experts doubt the production claims and worry about political conflicts in the venture’s structure.
Reading Time : 2 minutesAmazon and Walmart are exploring the launch of stablecoins to cut transaction fees and gain more control over payments. Legislative changes could enable this shift, but the plans are still early. If implemented, it could reshape the way people pay both in-store and online, with ripple effects across banking and fintech.
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 minutesUber and Wayve are launching driverless robotaxi trials in London, blending AI that learns by experience with Uber’s global platform. With no safety drivers, it’s a major step toward commercial self-driving services. The UK is fast-tracking approvals, aiming for spring 2026. Success in London could pave the way for expansion across Europe and beyond.
Reading Time : 2 minutes Switzerland is set to join a global network for automatic crypto asset data exchange by 2027, enhancing tax transparency and regulatory cooperation. This move aligns with OECD standards and includes most EU and G20 countries, excluding some major powers. Swiss crypto firms will face new compliance rules, marking a key step in global crypto regulation.
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 minutesElon Musk is refocusing on Tesla, SpaceX, and X after political endeavors. With Tesla’s robotaxi event on August 8, 2025, xAI’s AI advancements, and SpaceX’s Starship tests, Musk is driving innovation. His shift back to business highlights his vision for autonomous driving, AI, and space exploration, aiming to redefine industries while navigating public and market expectations.
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 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 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.