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Philippines Opens Economy to Foreign Investment

The Philippine government is actively courting foreign investment, focusing on key sectors like resources, infrastructure, and the green energy transition. The move comes as the Philippines stands out as one of Southeast Asia’s fastest-growing economies, achieving 5.6% GDP growth in 2024, driven by increased household and government spending, robust imports and exports, and thriving industrial […]

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Goldman Sachs Profits from Trade War Volatility

Goldman Sachs’ first-quarter revenue and earnings beat expectations, driven by a significant uplift in equities trading revenue. The bank reported a 27% jump in equities trading revenue compared to the same period last year. This performance starkly contrasts with Chinese President Xi Jinping’s recent statement that “a trade war and tariff war will produce no

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Pro Medicus Partners with UCSF on AI

Pro Medicus Limited (ASX: PME) said its U.S. subsidiary, Visage Imaging has entered into a multi-year research collaboration agreement with the University of California, San Francisco (UCSF). The agreement establishes a framework for collaboration, leveraging the Visage AI Accelerator platform to facilitate the development and commercialization of AI solutions in healthcare imaging. The Visage AI

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Tempest Minerals Agreement with Cambrian Terminated

Tempest Minerals Ltd (ASX:TEM) has announced the termination of its binding agreement with Cambrian Limited, initially disclosed on April 2, 2025. Consequently, the proposed placement previously referenced will not proceed. Tempest Minerals is now re-evaluating its fundraising strategies and intends to provide the market with an update as soon as feasible. The mineral exploration company

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Nvidia to mass produce AI supercomputers in the US in $500bn push

Chipmaker launches Arizona–Texas production hub amid tariff uncertainty and surging global demand   Nvidia has announced plans to build and mass produce its AI supercomputers entirely within the United States for the first time, marking a major shift in the company’s supply chain strategy as geopolitical trade tensions and demand for AI infrastructure continue to

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Zero-day options amplify Wall Street chaos as tariff volatility spikes

0DTE contracts surge amid wild market swings; Ackman warns of leverage danger A surge in ultra-short-term options trading is fuelling unprecedented volatility across Wall Street, as traders scramble to profit—or protect themselves—from a market gripped by geopolitical shocks and policy whiplash. Trading volume in zero-day-to-expiration (0DTE) options tied to the S&P 500 has soared to

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Tech rally lifts Wall Street

Wall Street started the week with gains, helped along by a rebound in tech stocks following surprise tariff exemptions. The Dow jumped 312 points to close at 40,524. The S&P 500 rose 0.8% and the Nasdaq added 0.6%. The move followed late-Friday guidance from US Customs and Border Protection, temporarily exempting smartphones, computers, and semiconductors

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Xi’s Vision, Trump’s catalyst: Global South to become investment megatrend

President Xi Jinping appears to be on a mission to fill the economic vacuum being created by US protectionism, and global investors are watching closely, says the CEO of one of the world’s largest independent financial and asset management organizations.   Nigel Green, CEO of deVere Group, believes that as Donald Trump focuses on economic nationalism,

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Trump reverses smartphone tariff exemption, warns tech companies of looming levies

Electronics move to a new ‘tariff bucket’ as US trade war escalates; Apple and small businesses brace for impact   President Donald Trump has signalled that smartphones, laptops, and other electronics will not be spared from his escalating tariff campaign, walking back a short-lived exemption granted just days earlier and warning that future levies targeting

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