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 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 toneÂ
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