Reading Time : 2 minutes Galaxy Digital’s CEO believes Ethereum ETF approvals are closer than many think. While concerns remain over regulatory clarity, recent SEC moves hint at progress. If approvals follow Bitcoin’s lead, it could reshape the crypto market. Institutional investors are watching closely, and the timeline may accelerate more than expected.
Reading Time : 2 minutesDetroit carmakers say Trump’s Japan deal ignored core trade barriers, leaving U.S. vehicles at a disadvantage. Without binding provisions, they warn Japan has no reason to open its market.
Reading Time : 2 minutes Superman’s latest film leads the summer box office, crossing $406 million globally. With steady momentum, it surpasses earlier franchise records. However, Marvel’s Fantastic Four, set to release soon, could change the competition. The summer box office remains strong, up 16% from last year, reflecting renewed cinema enthusiasm after years of sluggish growth.
Reading Time : 2 minutesChina grew 5.2% in Q2 2025, beating forecasts despite tariffs and a weak property sector. Strong exports and manufacturing drove growth, but domestic consumption and real estate remain soft. The government stays on track for 5% annual growth but risks loom with tariffs and weak demand.
Reading Time : 2 minutesThe crypto market just smashed the $4 trillion mark, driven by U.S. regulatory clarity and massive institutional investment. With Bitcoin ETFs booming and stablecoins gaining legitimacy, digital assets are firmly stepping into mainstream finance.
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 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 minutesChina’s new anti-dumping duties up to 34.9% on EU brandy are escalating trade tensions. These tariffs, effective Saturday, severely impact French cognac exports, already down 70%. While some brands secured exemptions, others face maximum rates. This move is seen as retaliation for EU tariffs on Chinese EVs, intensifying a broader trade dispute. The EU is challenging China’s actions at the WTO.
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.
