Tokyo inflation hits two-year high on food price surge

The Tokyo core consumer price index increases 3.4% YoY in April, up from 2.4% in March and exceeding market expectations of 3.2%

Ziff Davis files lawsuit against OpenAI over ChatGPT’s use of copyrighted works

Ziff Davis' portfolio includes well-known tech news outlets like ZDNet, PCMag, CNET, IGN, and the advice website Lifehacker

Intel CEO meets TSMC CEO to explore potential collaboration

The discussion focuses on identifying areas of collaboration that could benefit both companies

Trump signs executive order to boost U.S. deep-sea mining industry

These extractions could contribute $300 billion to the U.S. GDP over the next decade and create approximately 100,000 jobs

Meta announces layoffs in Reality Labs division

Reality Labs posts a loss of $5 billion in the fourth quarter

Trump administration unveils plan to accelerate self-driving vehicle deployment

NHTSA will expand its Automated Vehicle Exemption Program to allow domestically produced self-driving cars to be exempt from safety standards

Canadian PM says Canada decides its own auto industry future

Carney accuses Trump of trying to break Canada’s position in the North American auto industry
IMF MD Kristalina Georgieva

IMF chief says stability first, but climate risks still part of the agenda

Kristalina Georgieva says high U.S. tariffs, the biggest in over a century, are the IMF’s top macro concern

U.S. banking regulators ease stance on cryptocurrency activities

Fed, FDIC, and OCC withdraw several supervisory documents urging banks to exercise caution in their dealings with digital assets

Asian stocks, dollar eye weekly rise on Trump’s tariff backdown

After tit-for-tat tariffs by world's two biggest economies, the U.S. this week shifted tone 

Taiwan proposes $10 billion in additional spending to offset U.S. tariff impact

Premier Cho Jung-tai unveils expanded budget to assist businesses, stabilize job market, and support the economy amidst trade tensions

Markets react to rising tensions in Kashmir as rupee weakens and bond yields rise

Financial uncertainty grows amid fears of escalation in India-Pakistan conflict following deadly Kashmir attack

UK eases sanctions on Syria, aims to support post-Assad rebuilding efforts

Moves include lifting asset freezes on key ministries and financial entities to foster investment and economic recovery

IMF chief urges swift US trade deals to ease global uncertainty, warns of growth risks

Kristalina Georgieva says policy volatility linked to Trump-era tariffs is hurting investment, calls for urgent settlement to protect fragile recovery

Oil prices recover as markets weigh OPEC+ moves and trade signals

Brent crude rises 1.01% to $66.79 a barrel, while U.S. West Texas Intermediate (WTI) crude climbs 1.2% to $63.02