US President Donald Trump and Chinese leader Xi Jinping prepare to meet for the first time since 2019 to finalize the trade deal. The meeting is set up in Gyeongju, South Korea, after a fierce rivalry ...
Windows developer Microsoft (MSFT) has revealed it currently holds a 27% stake in OpenAI. The ChatGPT developer has completed its restructuring into a non-profit, with an equity stake currently worth ...
Historic payment network Western Union says it plans to launch its own stablecoin on the Solana Network in 2026. The new dollar-backed stablecoin would let its 100 million customers send money ...
BRICS member China’s new payment system, named Cross-Border Interbank Payments System (CIPS), is taking the financial world by storm. The CIPS payment system now supports international transactions in ...
Nvidia (NVDA) has announced plans to invest $1 billion in Nokia (NOK) via a directed share issue, per a Tuesday announcement. Nokia will issue 166,389,351 new shares to NVIDIA, valued at $6.01 per ...
Treasury Secretary Scott Bessent, confirmed that there had been significant advances in US China trade negotiations, a factor that has been propelling the Dow futures up as the times of writing.
The US Department of Energy has announced a $1B partnership with Advanced Micro Devices (AMD) to build two supercomputers. Per a Reuters report citing a conversation with Energy Secretary Chris Wright ...
Ace investor Warren Buffett has shifted his outlook on the US dollar over the past decade as the BRICS nations gain a strong foothold. His statements on the US dollar were bullish during an interview ...
The BRICS Centre for Industrial Competencies has officially been launched at the United Nations Industrial Development Organization headquarters in Vienna. Well, let us tell you that this marks a ...
Rapid de-dollarization is happening right now, and the pace has picked up considerably over the past few years. The dollar’s share of global reserves has been falling steadily—from 73% back in 2001 to ...
During the SCO Summit 2025, BRICS member China laid out a plan to the Eurasian member countries to launch a New Development Bank, where loans can be disbursed in local currencies to end reliance on ...
The US dollar’s brand value has been tarnished by the BRICS alliance, admits Marc Chandler, Strategist and Managing Director at Bannockburn Capital Markets in New York. The bloc banded together, ...
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