Federal Reserve Governor Lisa Cook has stepped into an unprecedented legal showdown by suing former President Trump to block his attempted removal from the Fed Board. The lawsuit, filed in Washington D.C., not only challenges the legality of the firing… Read More ›
Month: August 2025
India’s Three-Way Balancing Act: Tariffs, Oil, and Uneasy Handshakes
India finds itself navigating a geopolitical maze — balancing economic pressure from the United States, energy dependence on Russia, and a cautiously thawing relationship with China. This delicate strategic posture reflects New Delhi’s pursuit of autonomy amid a volatile global… Read More ›
India Rolls Out Financial and Market-Shift Plan to Weather 50% U.S. Tariff Hike
India moved quickly to roll out a package of support measures and an export reorientation strategy after a sweeping U.S. tariff increase raised duties on many Indian goods to as much as 50%. The government’s response combines immediate financial relief,… Read More ›
AI Supercomputer Set to Speed Neoantigen Discovery and Transform Cancer Vaccine Design
Access to a national-scale AI supercomputer promises to accelerate the hunt for tumour-specific targets and to compress the early stages of personalised cancer vaccine development. By enabling researchers to analyse tens of thousands of patient datasets and run far larger… Read More ›
China’s Cambricon’s Breakout Run: How China’s Homegrown AI Chipmaker and Nvidia Rival Turned Surge in Demand into Profit
Cambricon Technologies has transformed from a loss-making contender into one of China’s most watched semiconductor success stories, posting a blistering rise in revenue and record profit in the first half of the year. Investors and industry executives say the company’s… Read More ›
U.S. Consumers with Strong Credit Scores Struggle with Rising Debt Payments
U.S. consumers with strong credit histories are increasingly falling behind on their debt obligations, signaling a broader shift in the financial resilience of American households. While historically considered the least likely to default, individuals in the prime and superprime categories… Read More ›
Automakers grapple with multi-layered crises as industry faces transformation and global pressures
Western automakers are confronting an era of unprecedented complexity as the industry navigates overlapping economic, geopolitical, regulatory, and technological pressures. Executives increasingly describe the current environment as a “polycrisis,” a term used to characterize simultaneous, interconnected crises that amplify one… Read More ›
Transatlantic standoff deepens as Washington mulls punitive steps against enforcers of Europe’s digital rulebook
The Trump administration is weighing unprecedented punitive measures — including visa restrictions — against European Union and member-state officials involved in implementing the bloc’s Digital Services Act (DSA). The prospect of sanctions, still described in media reports as source-based information,… Read More ›
China Moves Toward Yuan-Backed Stablecoins to Strengthen Global Currency Role
China is taking steps toward embracing yuan-backed stablecoins, a move that marks a sharp departure from its traditionally cautious stance on digital assets. The potential approval of such instruments highlights Beijing’s broader ambition: to enhance the yuan’s role in the… Read More ›
Big Investors Shift Out of Tech as September’s Seasonal Downturn Looms
A growing chorus of big investors is quietly exiting technology holdings as September approaches—an ominous monthly stretch known for its historical weakness in markets. This strategic exodus stems from a convergence of factors: sky-high valuations in tech, scarce upside catalysts,… Read More ›