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Weak yuan, Trump tariff threats confound Beijing's economic puzzle
Weak yuan, Trump tariff threats confound Beijing's economic puzzle
Economy
by  AFP

Higher US tariffs under President Donald Trump could accelerate a slump in the value of China's currency, complicating recent efforts by Beijing to kickstart a rebound in its struggling economy, analysts warn. But such moves may come into conflict with Beijing's efforts elsewhere to boost an economy that is struggling to regain momentum.

Asian stocks mixed as tariff fears return, new AI programme emerges
Asian stocks mixed as tariff fears return, new AI programme emerges
Economy
by  AFP

Asian markets fluctuated Monday on fresh trade fears after Donald Trump's decision to impose huge tariffs on Colombia, in retaliation for its refusal to accept deportation flights from the United States. The move came after President Gustavo Petro blocked deportation flights from the United States.

ECB to cut rates again, with a nervous eye on Trump
ECB to cut rates again, with a nervous eye on Trump
Economy
by  AFP

Eurozone rate-setters are set to cut borrowing costs again this week, confident their efforts to lower inflation will remain on track despite the threat from US President Donald Trump's protectionist agenda. "We are confident of seeing inflation at target in the course" of this year, President Christine Lagarde said last week in an interview with CNBC at the World Economic Forum in Davos.

With Trump win, Silicon Valley's right flank takes on Washington
With Trump win, Silicon Valley's right flank takes on Washington
Economy
by  AFP

One week into his second administration, Donald Trump has put technology at the forefront, featuring tech billionaires prominently at his inauguration and announcing major AI infrastructure deals from the White House. - Palmer Luckey - Palmer Luckey, while not directly involved in the White House, carries weight as a self-made tech billionaire who challenged Silicon Valley's liberal bent.

Universal, Spotify ink multi-year deal
Universal, Spotify ink multi-year deal
Economy
by  AFP

Universal Music Group, the world's largest music company, and streaming behemoth Spotify on Sunday announced a multi-year direct deal that will affect both recording and publishing royalty rates. The deal notably "establishes a direct license between Spotify and Universal Music Publishing Group across Spotify's current product portfolio in the US and several other countries," the companies said.