The U.S. government is preparing for one of the most significant workforce reductions in recent decades, with the administration signaling that around 300,000 civilian employees are expected to leave federal service this year. Officials say the move is aimed at… Read More ›
Economy & Finance
India’s Uphill Battle in Reining in Jane Street’s High-Speed Trading Game
India’s market watchdog faced one of its most difficult enforcement challenges in recent years when it took on Jane Street, the Wall Street trading powerhouse known for lightning-fast algorithms and complex derivatives strategies. The fight revealed gaps in India’s ability… Read More ›
Bullish Fed Signals, Regulatory Reform and Institutional Inflows Propel Bitcoin to New Record
Bitcoin has surged to unprecedented highs, driven by a powerful convergence of factors that are reshaping investor sentiment. A renewed wave of optimism surrounding Federal Reserve rate cuts, broadening regulatory acceptance, and sustained institutional buying have combined to propel the… Read More ›
Brazil’s Surge and Tariffs Erode U.S. Grip on China’s Soybean Market
U.S. soybean exports to China — once the backbone of America’s agricultural trade — are facing a decisive shift as Brazilian and Argentine suppliers strengthen their foothold in the world’s largest oilseed market. The change, driven by a mix of… Read More ›
U.S. Manufacturers Turn to AI to Rapidly Adapt Supply Chains Amid Trump Tariff Shocks
As new tariff measures from the Trump administration reshape global trade flows, U.S. manufacturers are increasingly leaning on artificial intelligence to keep production lines moving and costs in check. The latest wave of duties—targeting sectors from machinery and metals to… Read More ›
U.S. Said to Embed Tracking Devices in AI-Chip Shipments to Detect Diversions Toward China
Reports by people familiar with the matter indicate that U.S. authorities have begun inserting hidden location-tracking devices into selected shipments of advanced artificial intelligence (AI) chips and servers. These devices are intended to monitor if shipments are illegally diverted —… Read More ›
Economic Strain and Overcrowding Pressures Push Nepal to Waive Climbing Fees for Remote Peaks
Nepal’s government has moved to waive permit fees for nearly 100 lesser-known mountains in its remote northwestern Himalayas for the next two years — a decision that officials say is designed to draw climbers away from the country’s crowded eastern… Read More ›
Political Turmoil in Tokyo Obscures Timing for Budget Finalization and Bank of Japan Rate Moves
Japan’s worsening political turbulence is casting a long shadow over the government’s budget timetable and the Bank of Japan’s (BOJ) decision-making on interest rates, prompting investors, bureaucrats and markets to reassess policy sequencing in a nation already navigating fragile growth… Read More ›
JP Morgan moves up Fed rate-cut call to September as growth and policy risks mount
J.P. Morgan has accelerated its forecast for the Federal Reserve’s first interest-rate cut, now pencilling in a 25-basis-point reduction as early as the September policy meeting. The bank’s abrupt shift — from a December easing to an autumn move —… Read More ›
Modi fights back: India turns up diplomatic, economic and political pressure on Washington
Indian Prime Minister Narendra Modi has begun an unmistakable pushback against recent moves by the United States that have strained one of the world’s most important bilateral relationships. What began as a personal rapport between two leaders has hardened into… Read More ›