Author: usaeverydaylife

An aerial view of a cargo ship being loaded with shipping containers at the Port of Baltimore in Baltimore, Maryland, on August 7, 2025. Jim Watson | Afp | Getty Images Even as tariff-related ruction appears to be settling down for the summer, U.S. President Donald Trump’s administration is still reshaping global trade and industry.After the Trump administration hinted it could be open to Nvidia exporting more powerful chips to China after their revenue-sharing agreement, the semiconductor darling was reported to be developing a new chip for Beijing.And Intel’s bounty from the CHIPS Act, formalized by the previous administration under…

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Dukai Photographer | Moment | Getty ImagesAsia-Pacific markets fell Wednesday, tracking Wall Street declines overnight, as investors parsed Japan’s trade data and awaited China’s loan prime rate decision.Japan’s exports dropped 2.6% year over year in July, notching their steepest drop in over four years. The fall was sharper than the 2.1% contraction expected by economists polled by Reuters and compared to the 0.5% drop seen in June.Japan’s Nikkei 225 declined 0.93%, while the Topix lost 0.31%.South Korea’s Kospi lost 1.52% and the small-cap Kosdaq fell 1.77%. Australia’s S&P/ASX 200 was 0.24% lower at the open.Futures for Hong Kong’s Hang Seng index stood at 24,977,…

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Owngarden | Moment | Getty ImagesJapan’s exports plunged 2.6% year over year in July, their steepest drop since February 2021, as shipments to its two largest markets slipped.The fall was sharper than the 2.1% contraction expected by economists polled by Reuters and compared to the 0.5% drop seen in June.Imports to the world’s fourth-largest economy sank 7.5%, compared to the 10.4% fall expected by the Reuters poll.Exports to the U.S. also continued to fall, dropping 10.1% in July and slightly softer than June’s decline of 11.4%. The U.S. is the largest market for Japanese exports. Shipments to mainland China —…

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Palo Alto Networks CEO Nikesh Arora told CNBC on Tuesday that the emergence of artificial intelligence-enhanced cybercrime has made his job exponentially more difficult. “AI doesn’t help the good guys as much as it helps the bad guys, cause they have to be right once. We have to be right 100% of the time,” Arora said in a ” Squawk on the Street ” interview, the morning after the cybersecurity giant reported a strong quarter and saw its recently struggling stock bounce more than 3%. Hackers armed with AI are better able to penetrate clients’ systems, and do it faster…

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Longer-dated fixed-income yields at risk of rising, Capital Economics saysLong-dated government bonds of 10 years or more “have been under serious pressure at times this year,” thanks to waning demand from traditional buyers, “we doubt it’s coming back,” Capital Economics head of markets for Asia-Pacific Thomas Mathews wrote Tuesday. The problem is that central banks themselves — as part of their move to normalize monetary policy and reduce their balance sheets — have stepped back from supporting the longer end of the market since the days of Quantitative Easing and zero interest rate policy. “They’d provided a key source of…

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