Latest News

Japan’s foreign reserves drop by record $77.11 billion in May, lowest since July 2025
Sharp decrease is largely attributed to aggressive efforts by Tokyo authorities to stabilize the yen

Google’s Alphabet upsizes equity offering to $84.75 billion to meet high-density AI compute needs
Move signals strong investor appetite for tech giants expanding their AI infrastructureÂ

SpaceX IPO to value company at historic $1.77 trillion
The company stated it will offer 555.6 million shares priced at $135 per share

Eurozone’s May Composite PMI falls to 48.5 as shrinking demand, inflation signal 0.2 percent Q2 GDP contraction
Private sector activity contracts at fastest pace in 18 months

EU hits key labor, education targets but struggles to halt sharp environmental decline
Findings indicate little to no progress was made regarding the goal of international partnerships

India approves $1 billion support to cap aviation fuel prices amid global energy pressures
Government caps aviation turbine fuel price at INR75.6 per litre for domestic flights

World Bank and Japan launch $20 million initiative, finalize new framework to secure supply chains, critical minerals
New platforms extend existing partnerships of Japan with the World Bank Group on critical minerals

Anthropic files for U.S. IPO amid rapid AI sector growth
The planned listing will serve as an early gauge of investor confidence in the artificial intelligence sector

Trump adjusts tariffs on steel, aluminum, and copper derivatives up to 25 percent until end of 2027
Foreign companies can qualify for a lower 10 percent tariff to incentivize local domestic production

South Korea exports surge to record $87.75 billion in May amid AI boom
South Korea’s semiconductor exports soared 169.4 percent year-on-year to a record $37.16 billion in May

U.S. government takes equity stakes in nine quantum computing firms under $2 billion grant package
IBM emerges as top beneficiary securing $1 billion of the total funding package
