Government to assist firms hit by U.S. tariffs, says Brazilian finance minister
Fernando Haddad says that the proposal does not include tax exemptions for the affected firms
Gulf stocks steady as US–EU trade deal and weak earnings dampen mood
Saudi equities dip on poor Q2 results; Dubai extends rally, hits 17-year high
Thailand estimates over 10 billion baht in damage after border conflict with Cambodia
Govt prepares 25 billion baht relief package as finance minister outlines loans, tax breaks, and provincial aid
IMF raises global outlook on stronger growth in China and emerging markets
IMF now expects emerging and developing economies to grow 4.1% in 2025, up from 3.7%
Moscow court fines Zoom for failing to abide by Russian internet rules
79.6 million rouble fine is issued for failure to comply with legal requirements for foreign entities operating in Russia's internet space
IMF warns loss of central bank independence could fuel inflation
IMF says the current environment of trade tensions and tariff uncertainty increases the need for strong policies and central bank independence
U.S. and China hold second day of trade talks in Stockholm
The discussions, held at Rosenbad, the Swedish prime minister's office, could lead to a 90-day extension of a deal first reached in May
Nvidia orders 300,000 H20 chips from TSMC due to robust China demand
Nvidia developed the H20 specifically for the Chinese market after U.S. export restrictions on its other AI chipsets were imposed in late 202
Spain expands antitrust probe into Apple over App Store rules
The investigation will assess if the pricing schedule set by Apple limits competition among developers distributing apps through App Store
Japan warns Trump tariffs still pose risk despite trade progress
While the deal eased investor concerns and clarified the U.S. policy stance, officials in Tokyo warn that continued monitoring is needed
Fitch says US tariffs alone won’t trigger EU rating downgrades
U.S.'s baseline tariff of 15% on imports from the EU was in line with assumptions the rating agency has had since March, says Fitch analyst
China’s Changan becomes independent state-owned automaker with $2.75 billion capital
The new structure gives Changan the same status as other centrally administered state-owned automakers like FAW and Dongfeng
France criticizes EU-U.S. trade deal with 15% tariff as submission to U.S.
While most EU countries support the agreement, French Prime Minister Francois Bayrou calls it a dark day for the alliance
Chile seeks to include copper tariffs in U.S. trade talks
Chile Finance Minister says the country will ask for copper and wood exports to be part of the main trade discussions, not handled separately
Microsoft adds AI-powered Copilot Mode to Edge browser
The new feature allows users to compare information across open tabs, group browsing by topic, and carry out tasks without switching windows