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Brazil has announced a sweeping $5.5 billion credit package to shield exporters from the fallout of 50% tariffs recently imposed by the United States on several Brazilian goods. The “Sovereign Brazil” plan, unveiled at the Planalto presidential palace, combines tax relief, ...

The UK economy grew 0.3% in the second quarter of 2025, slowing from 0.7% in Q1 but beating forecasts of 0.1%. Services led the expansion, with construction output rising 1.2% thanks to hot, dry weather. Gains in computer programming, vehicle rentals, ...

Chinese brands are rapidly shaking off their bargain-bin image in Singapore, positioning themselves as stylish, innovative, and aspirational. Leading the charge is BYD, now the city-state’s top-selling automaker, with nearly 4,670 electric vehicles sold in the first half of 2025, about ...

Australia’s Reserve Bank has lowered its benchmark lending rate by 25 basis points to 3.6%, the lowest since April 2023, while trimming its 2025 GDP growth forecast to 1.7% from 2.1%. The move follows a sharper-than-expected slowdown in public demand early ...

Nvidia and AMD have reached an unprecedented agreement to pay the US government 15% of their semiconductor revenues from China in order to secure export licences to the world’s second-largest economy. The deal covers Nvidia’s H20 chips and AMD’s MI308 models, ...

China’s export sector delivered stronger-than-expected growth in July despite persistent friction with Washington, as trade flows pivoted toward Africa and Southeast Asia. Official data showed exports rising 7.2% year-on-year, outpacing forecasts of under 6%, while imports grew 4.1%, the fastest pace ...

After two years of drought-driven scarcity and historic price volatility, Deoleo, the world’s largest olive oil producer, is signaling a cautious return to normalcy. A 65% rebound in Spain’s olive oil production, rising to 1.41 million metric tons in the 2024/2025 ...

Honda Motor’s first-quarter operating profit plunged by a staggering 50% year over year to 244.17 billion yen, well below the 323.48 billion yen forecasted by analysts. Despite this setback, revenue reached 5.34 trillion yen, outperforming analyst projections of 5.25 trillion yen. ...

Bitcoin has breached the $115,000 mark for the first time, a historic high driven by growing institutional interest and macroeconomic pressure. Despite a broader market dip, seasoned traders saw the downturn as a buying window, pushing the flagship cryptocurrency to ...

Oil prices slipped in early Asian trade after OPEC+ confirmed a significant output hike for September, extending its aggressive push to claw back global market share. Brent crude dropped 0.62% to $69.24 per barrel, while West Texas Intermediate declined 0.58% to ...

Samsung Electronics has reported a drastic 55% drop in Q2 operating profit to $3.4 billion, revealing the company's difficulties in keeping pace with rivals in the fast-evolving AI chip sector. While overall revenue saw a modest uptick, the once-dominant chip division ...

Robinhood delivered an excellent Q2 performance, with revenue surging 45% year-over-year to $989 million and net income doubling to $386 million, soundly beating Wall Street expectations. Earnings per share reached 42 cents, above the projected 31 cents, as trading activity remained ...

Swedish fintech disruptor and emerging giant Klarna has secured an electronic money institution license from the UK's Financial Conduct Authority (FCA), marking a pivotal shift beyond its core "buy now, pay later" services. This exciting authorization allows Klarna to introduce debit ...

Singapore International Airlines (SIA) shares slumped more than 8% after reporting a steep 59% plunge in net profit for the quarter ended June 30. The flag carrier’s net earnings dropped to US$144 million, down from a significantly stronger position a year ...

As the US and China prepare for their third high-level meeting of the year in Stockholm, expectations are being managed. With US tariffs on Chinese imports still sitting at 30% and Chinese retaliatory tariffs holding at 10%, both sides appear inclined ...