Nvidia and AMD to pay 15% of China chip sales to US
Chip giants Nvidia and AMD have agreed to pay the US government 15% of Chinese revenues as part of an “unprecedented” deal to secure export…
Category: FINANCE
Trump calls for Intel boss to resign immediately, alleging China ties
President Donald Trump has called on the head of US chipmaker Intel to resign “immediately”, accusing him of having problematic ties to China. In a…
Moody’s Warns US Tariffs May Hurt India’s Manufacturing Push, Slow Growth
US President Donald Trump’s steep 50% tariffs on Indian imports could severely undermine India’s manufacturing ambitions and slow economic growth, Moody’s Ratings said on Friday.…
Trump US to levy 100% tariff on imported chips, some firms exempt
President Donald Trump said the US will impose a tariff of about 100 percent on imports of semiconductors but offered up a big exemption —…
Vision 2030 Boosted Saudi Arabia’s Ability to Reassess Spending
Saudi Arabia’s Ministry of Finance said the kingdom is now better equipped to reassess its spending priorities during times of economic uncertainty, crediting reforms under…
Fitch-rated sukuk surpasses $210bn as market expands 16%
The value of sukuk rated by Fitch Ratings exceeded $210 billion in the first half of 2025, marking a 16 percent increase from a year…
Japan’s Ishiba signals Talks with Trump for Cuts to US Auto Tariff
Japanese Prime Minister Shigeru Ishiba said on Monday he will not hesitate to hold talks with President Donald Trump to ensure an agreed cut to…
Saudi Banking Sector Posts Highest Quarterly Profits in Its History
Saudi Arabia’s banking sector has achieved record-breaking quarterly earnings, reporting its highest-ever profits during the second quarter of 2025. According to financial disclosures, profits surged…
Formula E Partnership with Saudi Arabia
Formula E’s partnership with Saudi Arabia and the Kingdom’s Public Investment Fund (PIF) is emerging as a global benchmark for redefining the future of sustainable…
Which economies in Asia were hit hardest with Trump tariffs
Economies in Asia were among those hit hardest by tariffs announced by US President Donald Trump on “Liberation Day” in April. From traditional US allies…