Malaysia says no plans to retaliate against U.S. tariffs
Talks with Washington are ongoing and the country is still working toward a trade deal, says Malaysian Trade Minister
New Zealand holds interest rate at 3.25 percent
Reserve Bank of New Zealand says inflation is expected to reach the top of its 1 to 3 percent target range during the second and third quarters of 2025
Google focuses AI spending on technical infrastructure
The company believes it is more important to invest now than to risk falling behind, says head of AI and emerging tech policy
Apple in talks to buy U.S. Formula 1 broadcast rights
With ESPN’s deal ending, Netflix entering the race, and a $293 million film success, U.S. Formula 1 rights draw new interest
Starbucks China draws interest with $10 billion valuation, CNBC reports
Starbucks will keep a 30 percent stake in the business, while the rest will be split among several buyers, each holding less than 30 percent
U.S. tariff income hits $100 billion with $300 billion expected this year
U.S. Treasury Secretary says collections rise in the second quarter as tariffs on imports, steel, aluminium, and autos take effect
World’s top copper producer Chile seeks clarity on U.S. 50 percent tariff move
Chile's government says it had not received any formal communication about the new tariff and is still in contact with U.S. officials
U.S. to impose 50 percent tariff on copper imports
The new tariff seeks to grow U.S. supply of copper, a key material in vehicles, infrastructure, and electronics
10 percent tariff coming for BRICS countries, says Trump
Trump says the BRICS group was formed to harm the United States and weaken the U.S. dollar’s role as the world’s reserve currency
Boeing records 116 June orders as Airbus books 203
In terms of deliveries, Boeing delivers 60 aircraft in June, while Airbus delivers 63 aircraft to 35 customers
Dollar firm, Asian stocks mixed as traders ponder tariff outlook
Trump threatens 50% duty on copper, says chip, drug levies coming
Oil slips as markets weigh OPEC+ supply hike and tariff uncertainty
Brent crude futures fall 10 cents to $69.48 a barrel, while U.S. West Texas Intermediate drops 21 cents to $67.72
Trump Media files to launch Truth Social blue chip crypto ETF
The ETF will hold five digital assets, allocating 70% to Bitcoin, 15% to Ether, 8% to Solana, 5% to Cronos, and 2% to Ripple
China’s Baidu and Car Inc launch first self-driving car rental service
The service allows users aged 18 and above to reserve self-driving cars for trips ranging from four hours to seven days
U.S. Securities and Exchange Commission issues new guidance for crypto-based ETFs
The guidance comes as the agency moves to ease regulatory processes for the growing number of crypto ETFs awaiting approval