[ad_1] (Bloomberg) — Singapore’s Deputy Prime Minister Gan Kim Yong said neutrality is not possible, highlighting the rising challenges for the city-state that has long sought to tread a diplomatic tightrope amid US-China trade tensions. “If you try to be neutral and walk the middle road, the road is getting narrow and narrower, eventually you…
[ad_1] Nvidia chief Jensen Huang has announced an ambitious plan to build Taiwan’s first AI supercomputer, marking a significant milestone for the island’s role in global artificial intelligence development. The announcement came during Huang’s keynote speech at Computex, Asia’s premier technology trade show currently underway in Taipei. The initiative will see Nvidia collaborate with leading…
[ad_1] The Indian stock market logged its longest weekly winning streak of the year, driven by gains in index heavyweights, steady foreign inflows, and renewed optimism over the India-US trade deal. Gains were capped by profit booking over India-Pakistan geopolitical tensions after the Pahalgam terror attack. Next, investors will monitor some key market triggers in…
[ad_1] Donald Trump wants deals. One way to let him have them is for countries to roll out the red carpet for his head of government efficiency. At least, that’s how New Delhi is assessing its chances of an early release from the threat of 26% reciprocal tariffs. Wooing Elon Musk to get Tesla Inc to…
[ad_1] In recent decades, the main challenges to free trade came from organized labor and the political left. People of a certain age with left-of-center politics will remember rallies against the World Trade Organization in Seattle, Washington, D.C., and Montreal. That President Donald Trump is now delivering anti-globalization puts leftist trade critics in an awkward…
[ad_1] (Bloomberg) — The global trade war is providing a boon for Asian consumer stocks, as investors take shelter in companies that cater to local buyers’ essential needs. Strategists at Goldman Sachs Group Inc. and Morgan Stanley recommended Asian consumer staples in reports released after the April 2 tariff barrage, urging investors to turn defensive….
