A deal to spin off TikTok’s US operations into a separate American-owned entity had been progressing earlier this year, with several US investors poised to take majority control.

Trump says TikTok deal talks with China to begin this week

The OPEC+, which includes Saudi Arabia, Russia, the UAE, and Iraq, has been gradually reversing a 2.2 million bpd production cut it began unwinding in April.

OPEC+ poised to accelerate oil output hike in August amid market volatility

These new curbs are seen as a continuation and reshaping of the 2022 and 2023 restrictions imposed under President Joe Biden’s administration, which targeted direct and indirect AI technology transfers to China.

US plans AI chip curbs on Malaysia, Thailand amid China smuggling concerns

Investors remain cautious as high-profile listings stall in Europe; hopes shift to a post-summer rebound.

IPO uncertainty lingers in Europe amid geopolitical and market headwinds

The talks are part of a broader $34 billion Indonesia-US pact expected to be finalised next week. The agreement is likely to include increased Indonesian purchases of American goods and new investments by Indonesian firms in the US.

Indonesia offers boost in US purchases in exchange for lower tariffs

The potential divestment of Aramco's non-core assets comes as the company navigates lower oil prices, shrinking profits, and rising fiscal demands from the Saudi government, which owns more than 81 per cent of the company.

Aramco eyes $4 billion from stake sales amid fiscal tightening

Japan, which sits on the volatile Pacific Ring of Fire, experiences thousands of small quakes every year. The recent uptick of tremors, with over 900 recorded in the Kyushu region, has added fuel to the speculative fire, despite most being minor.

The manga factor: How a 1999 comic shook Japan’s tourism industry

The decision comes amid rising trade tensions between China and the EU, particularly over Brussels’ move to impose tariffs of up to 45 per cent on Chinese-made electric vehicles. 

China imposes tariffs on EU brandy, spares major cognac makers

While Trump and his allies hail the law as a victory for “energy dominance,” critics from the clean-energy sector, major utilities, and moderate voices in tech and manufacturing argue that the bill could undermine electric grid, drive up household power bills, and surrender the global AI race

Trump’s big beautiful bill risks AI leadership and power stability

According to SEBI, Jane Street repeatedly executed aggressive trades on index expiry days to influence the closing levels of the Bank Nifty and Nifty 50 indices, a practice that significantly impacted the broader market.

Jane Street barred from Indian markets as SEBI alleges massive derivatives manipulation

June deliveries of Tesla up 12 per cent  in Britain, but Q1 2025 data shows a steep decline across European markets.

Tesla’s UK sales rebound in June, while the road remains bumpy in Europe

The US markets rally has been fuelled by retail investors, who are largely ignoring the inflationary pressure on the horizon and uncertainty around tariffs.

S&P 500 and Nasdaq close at record highs after strong jobs market report

The June report showed that the job gains were heavily concentrated in government employment, which accounted for nearly half of the total increase. State and local government education saw a robust rise of 63,000 jobs, primarily due to the seasonal uptick in education-related hiring. 

US payroll expands beyond expectation in June, but are there cracks beneath the surface?

The most significant driver behind this dramatic fall in the US dollar index has been President Donald Trump’s economic policies, including his tariffs and tax reforms.

US dollar faces historic fall: A weaker greenback raises global concerns

US officials are deep into negotiations with trading partners across Asia and Europe, pushing for agreements that include restrictions on Chinese goods or demand commitments to counter China’s alleged unfair trade practices.

China braces for US trade deals aimed at excluding China from global supply chains

According to media reports, more than 300 Chinese engineers and technicians have been sent back to China from Foxconn’s iPhone manufacturing plants located in Tamil Nadu and Karnataka, two key factories in India. 

Foxconn repatriates Chinese engineers; what does it mean for Apple and India manufacturing?

The restrictions on chip design software by the US were initially implemented in May 2025, as part of a broader effort by the Trump administration to curb China’s semiconductor and artificial intelligence ambitions.

US lifts export curbs on chip design software to China

The robust increase in new business orders contributed significantly to the growth in services activity in June. Service providers reported positive demand trends, with new orders expanding at the fastest rate since August 2024.

India’s services sector growth hits 10-month high in June

Prior to the restrictions imposed by the US on ethane exports, about half of all US ethane exports went to China, where it is used as a cheaper feedstock for plastic manufacturing. 

Enterprise Products gets US approval to resume ethane exports to China

The layoffs announced by Microsoft, which affect multiple divisions, are part of broader organisational changes that include eliminating management layers and streamlining operations. 

Microsoft trims 4% of workforce amid growing AI focus

Vietnamese exports to the United States have skyrocketed in recent years, as US companies shifted their production lines from China to Vietnam to evade the Trump administration’s tariffs on Chinese goods, but the deal also sets a 40 per cent tariff on goods transshipped through Vietnam.

Trump tariffs on Vietnamese goods slashed to 20%, while US faces zero levy

Manufacturers led by BYD and SAIC Motor’s MG brand captured more than 9 per cent of Europe’s hybrid and electric vehicle market, the highest levels ever recorded for Chinese companies. 

Chinese carmakers hit record hybrid market share in Europe

Apple's shift signals potential retreat from in-house AI model efforts and marks a significant reversal in the company’s long-standing preference for proprietary technology.

Apple weighs OpenAI or Anthropic to power revamped Siri

The move comes as Boeing faces ongoing scrutiny over safety issues and attempts to regain investor and public confidence after several high-profile crises.

Boeing appoints former Lockheed executive Jay Malave as CFO

xAI raised $5 billion via debt and closed a separate $5 billion strategic equity investment, underscoring growing interest in the AI sector despite early concerns about investor appetite.

Musk’s xAI raises $10 billion to scale up AI ambitions

The uncertainty weighed on sentiment across Asian markets, where export-driven economies are especially vulnerable to Trump's trade policies.

Asian markets edge higher, gold shines as investors await US policy clarity

The development reflects a growing appetite for financial sovereignty and alternatives to fiat currency, especially in a climate of rising interest in inflation-resistant assets and decentralised finance.

Texas declares gold and silver as legal tender, paving the way for currency reform

The finance minister stated that there is active work underway to review the current GST framework, including rate slabs, tax inversions, and the layering of levies.

India set for major GST overhaul; tax rates likely to fall

Teapot refineries in China drive the oil demand as Iran front-loads shipments in June as fear of war loom. Trump’s mixed signals on sanctions stir market confusion.

China's Iranian oil imports hit record high amid signs of sanctions shift

The rollover by China is significant as Pakistan navigates its recovery under a $7 billion IMF bailout programme. Maintaining sufficient foreign exchange reserves is a central condition of the IMF agreement.

Aarushi Bhargava