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Month: August 2025

India’s creator economy is booming as influencers start businesses

Preeti Sarkar is a content creator and owner of the clothing brand, Peetizen. Courtesy of Preeti Sarkar Preeti Sarkar started posting on YouTube at the age of 18. Today, the 24-year-old has amassed a following of about 1.6 million on…

Asia markets close mostly higher as investors await details of U.S.-Ukraine talks

Bird’s-eye view of central Tokyo including Tokyo Tower at sunrise hours. Vladimir Zakharov | Moment | Getty Images Asia-Pacific markets mostly rose Monday as investors awaited talks between U.S. President Donald Trump and his Ukrainian counterpart, Volodymyr Zelenskyy. The U.S.-Russia summit…

More Singaporeans are living paycheck to paycheck

Customers buying groceries at a supermarket in Singapore. Bloomberg | Bloomberg | Getty Images Singapore’s reputation for financial prudence and high savings is showing signs of strain as more people choose to splurge on their lifestyle choices, rather than preparing…

Asia markets mostly fall as investors await Fed meeting

Ulsan city skyline from the Hamwolru Pavilion. People can enjoy beautiful cityscape for free. Ulsan, South Korea. Insung Jeon | Moment | Getty Images Investment firm SoftBank Group snapped its nine-day winning streak Tuesday after its shares plunged over 5%…

Why UBS just raised its gold forecast again

UBS strategists hiked their forecast for 2026 spot gold prices, seeing a continuation of the tailwainds that have powered a string of record highs in the year to date. The bank kept its end of 2025 target at $3,500 per…

Apple just landed a key win for the global encryption fight

Key Points The U.S. government on Monday announced the U.K. would drop its demand for Apple to provide a “back door” to user data. The move represents a triumph for the iPhone maker and, more broadly, for end-to-end encryption. Tech…

Apple ups India iPhone production as country’s Russia ties irk Trump

Apple has reportedly boosted iPhone production in India as the country faces pressure from the White House over its Russian oil purchases. “We have planned to up the tariffs on India,” Treasury Secretary Scott Bessent told CNBC’s “Squawk Box” on Tuesday….

Intel must give government equity in return for CHIPS funds

Commerce Secretary Howard Lutnick said Tuesday that Intel must give the U.S. government an equity stake in the company in return for CHIPS Act funds. “We should get an equity stake for our money,” Lutnick said on CNBC’s “Squawk on…

Nvidia developing more powerful AI chip for China, report says

The Nvidia booth at the China International Supply Chain Expo in Beijing on July 16, 2025. Florence Lo | Reuters Nvidia said Tuesday that it is evaluating several products following a report that the company is working on a new…

Japan’s July exports drop by 2.6%, steepest plunge in over four years

Owngarden | Moment | Getty Images Japan’s exports plunged 2.6% in July from a year earlier, their steepest drop since February 2021, as shipments to its two largest markets — the United States and China — declined. The fall was…