Latest News

U.S. and Australia launch $2 billion investment to reduce reliance on Chinese minerals
A joint venture will fund a plant with an estimated capacity of 100 tons of galliumÂ

Meta invests $1.5 billion in Texas for new one-gigawatt AI data center, creating 1,800 jobs
The site will support advanced AI models, aligning with Meta's vision of achieving superintelligence by 2028Â

Google announces $15 billion investment in new India AI data center, largest outside U.S.
The investment aligns with India's "Viksit Bharat 2047" vision to become a leading digital economy

$20 billion currency swap finalized as U.S. buys Argentine pesos
The currency swap aims to stabilize Argentina's economy amid severe liquidity shortages and volatility

Sri Lanka secures $347 million IMF deal as part of $3 billion economic recovery program
The deal supports ongoing reforms and debt restructuring essential for long-term economic stability

EU announces $1.16 billion plan to boost AI adoption in key industries and public sector
The European Commission set out two strategies to ensure Europe stays ahead, driving adoption in key industries and putting Europe at the forefront of AI-driven science

U.S. to impose 25 percent tariff on imported medium and heavy-duty trucks
The new tariff will significantly impact costs for truck buyers and various industries reliant on these vehicles

China unveils new K visa to attract global STEM talent amid U.S. immigration restrictions
The K visa simplifies entry for young professionals, eliminating job offer requirements for STEM fieldsÂ

U.K. economy grows 0.3 percent in Q2 2025 despite global trade pressures, policy tightening
Moderate growth reflects resilience amid high inflation, tariff disruptions, and cautious business investmentsÂ

Indonesia, EU conclude landmark trade pact after nine years of talks
Under the Indonesia-EU trade deal, tariffs on 96 percent of goods will be reduced to zero over five years

China keeps benchmark lending rates steady for fourth consecutive month in September
The one-year loan prime rate (LPR) was held at 3.0 percent on Monday, while the five-year LPR remained unchanged at 3.5 percent
