Author: Yvette Tanamal

UBS Global Wealth Management’s Kelvin Tay says the White House is using tariffs as “more of a bargaining tool, a negotiation tool.” According to Tay, positioning in Chinese equity markets and some other Asian markets is “a lot lighter today compared to 2018 when we first had the US-China trade escalation.” He adds that “this time around the markets are likely to be a little bit orderly and not a chaotic as before.” (Source: Bloomberg)Read More

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France hosts top tech players next week at an artificial intelligence summit meant as a “wake-up call” for Europe as it struggles with AI challenges from the United States and China.”The summit comes at exactly the right time for this wake-up call for France and Europe, and to show we are in position” to take advantage of the technology, an official in Macron’s office told reporters.Read More

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