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Economy



Asia-Pacific markets fall on tech sell-off and fears of AI bubble

Asian stock markets declined sharply amid growing investor concerns over inflated valuations in the technology sector, particularly related to artificial intelligence (AI). Japan's Nikkei 225 dropped nearly 1.8%, closing just below......

Asian markets tumble as Fed rate uncertainty and AI stock concerns weigh

Asian stock markets experienced a sharp decline on Friday, following Wall Street’s steepest losses in over a month. Investor sentiment soured amid growing doubts about the Federal Reserve’s willingness to cut interest rates in December and concerns over inflated valuations of artificial intelligence......

Global markets rally as U.S. Senate advances bill to end government shutdown

Global financial markets surged on Monday as investors welcomed progress toward ending the longest government shutdown in U.S. history. Late Sunday night, the Senate advanced a funding bill that could reopen the government and restore federal operations. Global markets respond positively Asian markets......

Mark Carney apologises to Trump over Reagan-inspired anti-tariff ad as trade talks remain frozen

Canadian Prime Minister Mark Carney has issued a formal apology to former U.S. President Donald Trump regarding a controversial advertisement launched by Ontario's government. The ad, which quoted Ronald Reagan’s critique of tariffs, drew Trump’s ire but failed to restart the stalled......

G7 forms alliance on critical minerals to challenge China's dominance

The Group of Seven nations has unveiled a landmark alliance aimed at bolstering the production of critical minerals, a move described by Canadian Energy Minister Tim Hodgson as a pivotal shift in efforts to lessen Western reliance on China's grip over resources vital for modern technology. Revealed......

Global stocks surge amid U.S.-China trade deal progress and Fed rate cut expectations

Global stock markets rallied on Monday as investors celebrated a breakthrough in U.S.-China trade negotiations and growing expectations for another Federal Reserve interest rate cut. The optimism propelled major indices to record highs, signaling a renewed appetite for risk among investors worldwide. Asian......

Trump's visit to Japan sets stage for pivotal talks with Xi

Donald Trump arrived in Tokyo on Monday evening, commencing a high-stakes diplomatic mission that will culminate in his first face-to-face meeting with Chinese President Xi Jinping since resuming office. The visit comes at a critical juncture in U.S.-China relations as both nations strive to de-escalate......

Gold prices drop as US-China trade optimism reduces haven demand

Gold prices fell on Monday as optimism surrounding critical trade negotiations between the United States and China dampened demand for the safe-haven metal. Both nations signaled progress in resolving their prolonged trade conflict, easing market tensions. Spot gold declined by 1.3% to $4,060.80 per......

AI boom drives global memory chip shortage and rising prices

A surge in artificial intelligence (AI) investments has triggered a global shortage of conventional memory chips, disrupting supply chains and driving up prices across the tech industry. The shift to high-bandwidth memory (HBM) chips, critical for AI workloads, has left manufacturers struggling to meet......

Alstom wins €260 million contract to modernize Morocco’s rail network

French transport giant Alstom has secured a €260 million contract to upgrade the railway line connecting Kenitra and Settat, marking a major milestone in Morocco’s ongoing rail sector transformation. The deal, signed with a consortium that includes Alstom, INEO Rail, and INEOLUM, will see......

Trump's $100,000 H-1B visa fee disrupts global markets and shakes Indian IT sector

The unprecedented $100,000 fee imposed by President Donald Trump on new H-1B visa applications has sent shockwaves through global markets, with Asian and European stock exchanges reacting cautiously to the policy. The measure, effective September 21, 2025, marks a significant increase from the existing......

China’s Tianyouwei to build major automotive electronics plant in Morocco

Chinese company Tianyouwei has officially announced the creation of a new subsidiary in Morocco dedicated to the manufacturing of automotive electronics, with an investment exceeding 683 million dirhams (around €65 million). The decision, approved by the company’s board, reflects its strategy......

Donald Trump imposes 100% tariffs on imported chips and semiconductors

Major tariff hike targets global tech supply chains US President Donald Trump announced plans to impose 100% tariffs on imported chips and semiconductors, a move poised to reshape the global technology landscape. Speaking from the White House on August 6, Trump stated, "We will implement significant......

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