Oil prices recover slightly after steep Monday drop
Brent futures rise by 0.5% to $64.54 per barrel, while U.S. West Texas Intermediate crude increases by 0.7% to $61.11
U.S. dollar drops against yen, Swiss franc on tariff concerns
The dollar loses 0.6% against the Japanese yen, reaching 146.95 yen, its lowest point in six months. It also falls 0.7% against the Swiss franc
U.S. senators scrutinize Microsoft, Google’s AI cloud partnerships
Senators express concerns that such corporate partnerships may discourage competition and bypass antitrust laws
Meta adds new privacy and parental controls for teens
Under the new privacy measures, teens under 16 will need parental consent to go live on the platform
U.S. Justice Department shifts crypto policy focus under new directive
Regulatory violation charges under banking, securities, or commodities laws must now show clear evidence of willful misconduct before proceeding
Argentina nears $20 billion IMF deal to rebuild reserves
The 'mountain of dollars,' as President Milei describes it, provides liquidity to lift foreign exchange restrictions in place since 2019
Taiwan activates $15 billion stabilization fund after market slump
Taiwan’s finance ministry says the fund, which holds around T$500 billion in assets, steps in "as appropriate" to stabilize trading
EU decision on Apple, Meta tech rule breaches expected in weeks
Both companies are expected to face modest fines if found guilty of violating the DMA
Musk fails to convince Trump to reverse tariffs
Musk calls for zero tariffs between the U.S. and Europe during a virtual address at a League Party congress in Italy
EU Commission President urges China to address U.S. tariff impact
During a call with Premier Li Qiang, von der Leyen emphasizes Europe and China’s responsibility to support a fair, reformed trading system
Japan FY24-25 bankruptcies hit 10,144, highest since 2013
The number of bankruptcies grows 12% year-on-year, with most sectors up, except finance and transportation
Beijing vows to “fight to the end” over tariffs
Beijing, feeling boxed into a corner by the United States' intensifying tariff assault on China and any country that buys or assembles...
China’s DeepRoute.ai teams up with Qualcomm for ADAS solutions
The technologies will support features such as urban autopilot navigation, highway driving assistance, and automated parking
Chinese buyers divert U.S. LNG cargoes as tariffs disrupt trade
China introduces a 15% tariff on U.S. LNG in February and announced additional levies on all U.S. goods starting April 10
U.S. senator says Trump’s TikTok divestment plan violates law
Warner says the deal would allow ByteDance to keep a major role in TikTok’s U.S. operations through a large equity stake and tech involvement