Reading Time : 3 minutesThe EU is likely to shelve its digital tax due to US resistance and implementation challenges. The focus shifts to the OECD’s global tax reform, aiming for fairer rules for tech giants. This pragmatic move avoids trade disputes but delays immediate action, leaving debates on innovation and tax fairness unresolved as international cooperation takes center stage
Reading Time : 2 minutesIntel’s new CEO Lip-Bu Tan delivers unprecedented honesty about the company’s fall from grace, admitting Intel is no longer among the top 10 semiconductor companies and has missed the AI revolution entirely, marking a dramatic transformation for the former industry leader.
Reading Time : 2 minutesNVIDIA became the first company to hit a $4 trillion market cap on December 4, 2024, surpassing Apple and Microsoft. Fueled by its H100 and Blackwell chips, NVIDIA’s stock soared over 200% in 2024, driven by the AI boom. This milestone highlights NVIDIA’s dominance in AI infrastructure and its pivotal role in shaping the future of technology.
Reading Time : 2 minutes Former UK Prime Minister Rishi Sunak has rejoined Goldman Sachs as a senior advisor, marking his return to high finance. The position focuses on global economics, geopolitics, and mentoring. Sunak’s salary will be donated to charity, and restrictions are in place to prevent conflicts of interest. He continues to serve as an MP during this new role.
Reading Time : 3 minutesShein, the fast-fashion giant, has filed for a Hong Kong IPO to pressure UK regulators delaying its London listing. Facing hurdles over human rights disclosures, the Singapore-based company aims to leverage Hong Kong’s flexible regulations. This strategic move could reshape Shein’s global financial strategy and influence other firms eyeing international markets.
Reading Time : 2 minutesPresident Trump claims a deal to transfer TikTok’s U.S. operations to American ownership is near, with talks possibly starting soon. Despite China’s vague response, the deal aligns with U.S. laws limiting ByteDance’s stake. Tensions from recent tariffs and extended deadlines highlight the ongoing U.S.-China trade disputes affecting TikTok’s future.
Reading Time : 2 minutesThe world of chip design is evolving, blending tradition with AI innovation. Proprietary tools still dominate, but open-source options and adaptive intelligence are reshaping the industry. A silent revolution is underway, and it’s happening at every stage of the workflow.
Reading Time : 2 minutesElon Musk’s xAI secured a massive $10 billion funding round, significantly boosting its competitive stance in the AI sector. This capital, split between debt and equity, will fuel the expansion of its AI infrastructure, including the Grok platform and a colossal Memphis supercomputer with 1 million Nvidia GPUs. This highlights the escalating “AI arms race” and xAI’s aggressive push to lead the next generation of artificial intelligence.
Reading Time : 2 minutesThe Taiwan dollar surged over 2% in a day, shaking exporters and insurers. As traders bet on further gains, the central bank remains on watch, possibly tolerating a firmer currency for now. This raises questions about intervention, competitiveness, and the future of Taiwan’s trade positioning in a volatile FX environment.
Reading Time : 2 minutesEuropean AI-focused funds raised a record $4.2 billion in Q1 2025, pushing total assets near $40 billion. Asset managers are betting big on tech-driven growth, with firms like BlackRock expanding into AI strategies and private markets. This signals a strong, continent-wide shift in financial priorities toward AI’s economic potential.
Reading Time : 2 minutesJeff Bezos is cozying up to Donald Trump after a Musk fallout, aiming to win NASA and defense contracts for Blue Origin. The timing is no accident—Trump’s clash with Musk may give Bezos the edge he’s long needed in the space race. This new alignment could reshape power in both politics and aerospace.
Reading Time : 2 minutesIndia’s economy finished fiscal 2025 strong with 7.4% growth in the last quarter, led by construction and government spending. Annual growth slowed to 6.5%, reflecting global challenges and uneven consumption. The Reserve Bank of India forecasts steady growth for 2026, though risks remain. Despite uncertainties, India is poised to remain a top global growth leader.
Reading Time : 2 minutesOil prices fell sharply after a U.S.-brokered ceasefire between Iran and Israel reduced supply fears. Combined with weak U.S. consumer sentiment and rising oil output elsewhere, Brent and WTI both dropped around 6%, erasing the recent risk-driven gains.
Reading Time : 2 minutesIndia has tightened restrictions on gold imports to combat smuggling, limiting alloys with over 1% gold and colloidal precious metals. Building on earlier measures targeting UAE shipments, the new rules aim to close loopholes while allowing essential imports for industry. This balanced approach strengthens regulatory oversight and supports legitimate trade, safeguarding the economy and fair market practices.
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.
