The global economy has demonstrated a degree of durability that few anticipated when conflict escalated across the Middle East in late 2023 and into 2024. Despite persistent geopolitical pressure, disruptions …
Freddy Miller
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UOB Raises Vietnam’s 2026 GDP Growth Forecast to 8.5%, Signaling Confidence in Southeast Asia’s Fastest-Rising Economy
United Overseas Bank has revised its GDP growth forecast for Vietnam upward to 8.5% for 2026, a figure that places the country among the most ambitious growth targets in the …
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IMF Cuts Global Growth Forecast to 3.0% as AI Demand Offsets Middle East Risk and Trade Uncertainty
The International Monetary Fund has lowered its global growth forecast to 3.0% for 2025, citing escalating geopolitical tensions in the Middle East, persistent trade fragmentation, and the lingering effects of …
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Xiaomi Has Sold 650,000 Electric Vehicles. It Just Announced It Is Also Building a Different Kind of Car
Xiaomi EV officially unveiled Sky Nomad on Wednesday, confirming what months of leaked regulatory filings, trademark registrations, and social media speculation had previewed: the company is expanding beyond its battery-electric …
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Westpac Is Counting Every AI Token. The Bank’s CFO Would Like a Word With Whoever Ordered GPT-4 for That Email.
Westpac Banking Corporation, Australia’s third-largest bank by assets, has begun systematically tracking artificial intelligence token consumption across its workforce and is actively routing lower-complexity tasks to cheaper models in an …
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America Runs on Brazilian Coffee. The Tariff Regime That Nearly Destroyed That Relationship Is Not Finished Yet.
The United States coffee industry appeared before the Trump administration on Wednesday during a public consultation on Section 301 tariffs applied to Brazilian imports, asking the government to preserve the …
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Michael Burry Says the Sportsbooks Will Win. He Thinks the Government Will Kill the Competition First.
Michael Burry, the fund manager whose 2007 bet against the housing market was chronicled in The Big Short, disclosed on Wednesday through his Substack newsletter that he has established full-sized …
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Oregon Attorney General Dan Rayfield went to court on Wednesday to block the closing of Paramount’s $110 billion acquisition of Warner Bros. Discovery, asking a Multnomah County judge to order …
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Democratic AGs Push Back Against Trump Tariffs as Global Economy Braces for Trade Policy Whiplash
A coalition of Democratic attorneys general has filed legal opposition to the reinstatement of sweeping tariffs championed by the Trump administration, escalating a political and legal battle that carries significant …
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World Bank Holds China Growth Forecast at 4.4% as Global Energy Shock Threatens to Drag World Economy to 2.5%
The World Bank has kept its growth forecast for China unchanged at 4.4% for 2025, signaling measured confidence in the country’s economic trajectory even as the institution issued a broader …