Economy

  • South Korea bets $14B on AI as trillion-dollar race accelerates

  • Congress: No AI data centers on military bases, pushes back on Pentagon plan

  • Asia’s wealthy aren’t selling crypto, but they’re buying this instead

  • South Korea’s KOSPI rides semiconductor, AI, robotics push to close in the green

  • Fed chair Kevin Warsh now expected to hike rates at this week’s meeting

  • Wall Street’s prediction markets see a long road back for the Strait of Hormuz

  • Who actually benefits from Trump’s 60-nation tariffs?

  • Carney says Canada ready to respond if Trump tariffs hit

  • EU targets over 100 banks, crypto operators, oil vessels in latest Russia sanctions

  • IMF says AI could add 4% to Sub-Saharan Africa’s economy if power and internet improve

  • World Bank backs South Africa’s reforms with fourth loan since 2022

  • Gold’s slide near $4,000 is a liquidity test crypto can’t ignore

  • ECB sees stablecoins driving a new era for digital payments and banking

  • US bank profits boom on economic edge while Europe scrambles to catch up

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  • White House reshares CIA director post as China-tech stakes reach the Fed

  • Another Fed rate hike? Inflation keeps the option alive

  • US hits Brazil with 25% tariffs, Brazil vows to retaliate

  • Japan goes all in on Nvidia’s Rubin chips in sovereign AI, robotics push

  • Kalshi odds on $4 gas by month-end jump 32 points as US-Iran strikes resume

  • Are Trump’s vague Gulf investment deals a fair trade for cancelled shipping tax?

  • Federal Judge tosses Trump’s $10 Billion IRS lawsuit, sanctions his lawyers

  • South Korea’s President Lee plans growth around record AI tax revenue