World
Global stock markets are calling Trump’s bluff on tariffs
WASHINGTON, DC – JULY 7: An aide picks up a page from a letter to Japan and South Korea, signed by U.S. President Donald Trump, announcing 25% tariffs beginning on August 1st, during the daily press briefing in the Brady Press Briefing Room at the White House on July 7, 2025 in Washington, DC. Andrew […]
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VC behind ‘996’ work culture debate says 5-day weeks won’t build billion-dollar startups
Harry Stebbings, founder of 20VC, says billion-dollar firms aren’t built on five-day work weeks. 20VC Venture capitalist Harry Stebbings faced a wave of backlash in June after urging European startup founders to increase their work hours — but he now admits there’s some room for nuance when applying his mantra. Stebbings, founder of 20VC, a […]
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Shein files for Hong Kong IPO in hopes of salvaging London listing: FT report
A shopper carries bags with promotional merchandise while visiting fashion retailer Shein’s Christmas bus tour, in Manchester, Britain, December 13, 2024. Temilade Adelaja | Reuters Online fast fashion giant Shein has confidentially filed for an initial public offering in Hong Kong in a bid to apply pressure on U.K. regulators and accelerate its long embattled […]
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Jane Street to challenge India ban, says it engaged in basic arbitrage
Jane Street has told staff it will contest a ban by India’s financial regulator which has accused the U.S. high-frequency trading giant of market manipulation. Nurphoto | Nurphoto | Getty Images Jane Street has told staff it will contest a ban by India’s financial regulator which has accused the U.S. high-frequency trading giant of market manipulation, adding that its practices […]
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Australia unexpectedly holds policy rate as it awaits more inflation data
The Reserve Bank of Australia building in Sydney on May 2, 2022. Brendon Thorne | Bloomberg | Getty Images Australia’s central bank held its policy rate at 3.85%, saying it needed more time to assess inflation data. Economists polled by Reuters had been expecting a cut of 25 basis points to 3.6%. In its statement […]
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CNBC Daily Open: Tariff letters from Trump, like those of lovers, seem to signify little
U.S. President Donald Trump and First Lady Melania Trump on the South Lawn of the White House on July 4, 2025, in Washington, DC. U.S. Eric Lee | Getty Images News | Getty Images Paramours wanting to court each other have, through the decades, moved on from love letters to Instagram DMs. But some form […]
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Japan calls Trump’s latest tariff salvo ‘regrettable’ as nations scramble to deal with fresh deadline
Shigeru Ishiba, Japan’s prime minister, speaks during a news conference at the prime minister’s official residence in Tokyo, Japan, on Monday, Nov. 11, 2024. Kiyoshi Ota | Via Reuters U.S. President Donald Trump’s tariff letters that threaten steep duties on several countries, including key allies, have led to “shock” and “regret” even as nations expressed […]
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European markets head for a lower open as traders digest Trump’s tariffs announcement
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Tariffs, declining real wages, slowing growth: Japan’s central bank has its work cut out
Latest wage data highlights that inflation could be taking a substantial bite out of incomes in Japan, despite incomes in the country rising. Source
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Trump says U.S. will send more weapons to Ukraine
U.S. President Donald Trump holds a law enforcement event in the Oval Office of the White House in Washington, D.C., May 19, 2025. Kevin Lamarque | Reuters U.S. President Donald Trump said on Monday the United States would be sending more weapons to Ukraine to help the war-torn country defend itself against Russian attacks. Speaking to reporters at the White House, Trump said Ukraine was getting hit […]
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