pboc

The EU is preparing a plan to implement the next phase of its trade deal with the U.S., seeking wider use of the 15% tariff cap, lower duties on select goods and cooperation on standards, steel and economic security.

Japanese firms are broadly optimistic about business conditions under new PM Takaichi, with 43% seeing improvement. But nearly half cite minority-government instability and China tensions as risks. Most plan similar wage hikes next year.

Microsoft will incorporate OpenAI’s custom AI chip designs into its own semiconductor strategy. Revised partnership gives Microsoft access to OpenAI’s hardware research through 2030, with plans to extend and adapt the designs.

MA housing permits dip amid soaring costs; loopholes & slowdowns worsen crisis. Investors eye rental market.

Swiss Economy Minister Parmelin and State Secretary Budliger Artieda are in Washington to finalise a trade deal that could lower U.S. tariffs on Swiss exports to around 15%, with a possible agreement expected as early as Thursday or Friday.

The EU is pushing to bring forward a bloc-wide handling fee on small online parcels from platforms like Shein, Temu and Alibaba, aiming to introduce the charge in early 2026 — more than two years ahead of the current timeline (FT)

IBM's quantum leap: 120-qubit Nighthawk aims for quantum advantage by '26, but Bitcoin's encryption remains safe for now.