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‘We have made a few deals today that are excellent deals for the country’: Trump is coy as tariff scramble ensues
White House press secretary Karoline Leavitt said Thursday that Trump “at some point this afternoon or later this evening” would sign an order to impose new rates.
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Andy Jassy says Amazon has chosen to ’embrace’ AI, promising it ‘will make all our teammates’ jobs more enjoyable’
Jassy told analysts that companies have two choices, to embrace and shape the change that’s coming, or “wish it away and have it shape you.”
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Indonesia bets a new sovereign wealth fund will finally unlock its potential
Rosan Roselani, Danatara CEO and ally of president Prabowo Subianto, needs to streamline Indonesia’s lumbering state-owned giants.
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Beijing officials warm to the idea of a yuan stablecoin, driven by the ‘fear of missing out’
Some Chinese officials worry that the U.S.’s decision to embrace stablecoins through the Genius Act might reverse the trend of de-dollarization.
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Amazon CEO Andy Jassy unleashed a meticulous 8-minute defense of AWS’ standing in the AI arms race amid investor stock freakout
AWS is the clear cloud leader in Big Tech. But fast-growing rivals, and the AI boom, have investors spooked.
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Apple posts strong earnings but tariff fears spook investors
Share price muted despite surge in iPhone sales driving record revenue
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Trump tariffs hit dozens of US trading partners
Steep levies to go into effect for many countries within seven days
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Trump reignites global trade war with sweeping tariff regime
Trading partners from Taiwan to Canada hit with steep new levies
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China and the rise of the new global city
Free-range globalisation is not part of the Sinosphere’s economic plan