Real Wealthy are strangers to riches, and to ambition, for they all lived in happy equality.
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.
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.
Reading Time : 2 minutes Trump signed an executive order to create a U.S. Bitcoin reserve, pushing to make the country the global crypto leader. The move sparks heated debate, with supporters hailing innovation and critics warning of volatility and state-backed speculation.
Reading Time : 2 minutes A temporary reduction in US-China tariffs has been agreed upon, easing economic tensions. But both sides remain cautious, aware that the deeper political rift hasn’t healed. Xi Jinping warns against bullying, while Washington keeps its guard up.
