Trump holds back $400 million in Taiwan aid as China trade talks advance
The United States’ approach to Taiwan has taken a new turn as President Donald Trump declined to sign off on a military aid package worth more than $400 million. The…
Economy
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China halts Google antitrust probe, turns spotlight on Nvidia amid US trade talks, says report
China has decided to halt its antitrust investigation into Google, a move that comes just months after regulators began probing the US tech giant for alleged violations of the country’s…
Next stock slides on UK job warning, guidance pause, but analysts see resilience
Shares of British retailer Next fell by more than 6% in early trading on Thursday after the company warned that employment opportunities in the United Kingdom are likely to diminish…
Gold eases from record highs post Fed rate cut; more selling on the horizon?
Gold prices eased on Thursday even as experts believed it would be prudent to wait some follow-through selling before positioning further losses. The yellow metal eased from its record highs touched…
USD/NOK: Why Norwegian krone is surging after Norges Bank cut
The Norwegian krone is in a strong bullish trend this month, helped by the ongoing dollar weakness. The USD/NOK pair plunged in the last six consecutive weeks and moved to…
South Korea’s $350 billion US investment pledge faces new strain after immigration raid
South Korea’s multi-billion-dollar investment pledge to the United States has entered a tense phase, as negotiations continue in Washington following an unprecedented immigration raid that raised concerns over the treatment…
UK inflation steady at 3.8% in August as Bank of England faces policy test
UK inflation remained unchanged at 3.8% in August, according to data from the Office for National Statistics (ONS). The figures, released on Wednesday, highlight how higher food, restaurant, and hotel…
Europe markets open in green ahead of Fed decision: FTSE 100, STOXX 600 rise
Europe’s markets opened today with a quiet sense of hope but plenty of cautious eyes watching. Investors are holding their breath ahead of the big US Federal Reserve announcement expected…
Money, power, AI: what Trump’s UK visit is all about
State visits to the UK do not happen often. And although this is Trump’s second UK visit this year alone, it appears that the stakes are high for the US…
China bans Nvidia AI chips in escalating tech rivalry: here’s what it means
China has banned its major tech firms from buying Nvidia’s AI chips, tightening its grip on sensitive technology imports amid rising tensions with the US.Nvidia’s advanced products, including the RTX…