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Thailand reaffirmed its longstanding military relationship with the US on Wednesday, saying security cooperation will remain separate from ongoing negotiations over US tariffs and will not be used as leverage in the talks.
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Hong Kong said planned tax concessions on performance fees and carried interest will not be extended to proprietary trading firms
Saudi Arabia reported to OPEC that it increased crude oil production by just over 1 million barrels a day last month, a reflection of the recovery among Persian Gulf producers during a brief ceasefire in the Iran war.
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AI and robotics could boost productivity and become a deflationary force over the coming years, Nicolai Tangen, the CEO of Norway’s $2.3 trillion sovereign wealth fund tells Lisa Abramowics and Annmarie Hordern
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Bank of America unveiled a $250 billion initiative to invest in critical infrastructure across the US over the next year, joining its peers pushing for innovation across the country
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Swedish coding startup Lovable has brought in fresh capital to compete with larger rivals like Anthropic and Elon Musk’s SpaceX
The US and Japan are divided over the Bank of Japan’s next step: Here is your Evening Briefing.
Falcon 9 launches 24 @Starlink satellites from California
Pimco says market anxiety about the inflation-fighting credentials of the Federal Reserve is overdone and that US bond yields at current levels look attractive
An Indian iron ore producer was authorized to work toward restarting a giant Papua New Guinea copper mine that’s been closed for almost 40 years and was once a flash point in a brutal civil war
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