{"id":87,"date":"2025-07-24T13:05:55","date_gmt":"2025-07-24T13:05:55","guid":{"rendered":"https:\/\/infovision.com.au\/?page_id=87"},"modified":"2025-07-25T09:24:58","modified_gmt":"2025-07-25T09:24:58","slug":"latest-news","status":"publish","type":"page","link":"https:\/\/infovision.com.au\/index.php\/latest-news\/","title":{"rendered":"Latest News"},"content":{"rendered":"
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The Australian | Business | World Business News<\/a><\/h2>

FBI probes possible J.P. Morgan hacking<\/a><\/h4>
Aug 27 2014<\/h6>THE Federal Bureau of Investigation is probing a possible computer hacking attack on J.P. Morgan Chase & Co.

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Snapchat valued at $10bn<\/a><\/h4>
Aug 26 2014<\/h6>KLEINER Perkins Caufield & Byers has agreed to invest in ephemeral message service Snapchat at a valuation of close to $US10 bn.

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Rosneft poised for Arctic LNG stake<\/a><\/h4>
Aug 26 2014<\/h6>ENERGY giant Rosneft is poised to take control of a new Arctic Circle LNG project planned for an area of northern Russia fronting the Barents Sea.

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Global tech to transform over 3 weeks<\/a><\/h4>
Aug 26 2014<\/h6>THE world\u2019s tech will undergo a transformation over just three weeks with a bonanza of new phones, tablets, smart watches and OLED 4K TVs.

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Young diners not lovin\u2019 it<\/a><\/h4>
Aug 25 2014<\/h6>MCDONALD\u2019S revenues have slumped and there\u2019s one key reason: Millennials aren\u2019t Maccas fans, choosing fresher, healthier food instead.

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Former IBM chief John Akers dies<\/a><\/h4>
Aug 24 2014<\/h6>JOHN Akers, who led IBM as its longtime dominance of the computer industry began to wane, has died, aged 79.

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Bangladesh next in Seek strategy<\/a><\/h4>
Aug 20 2014<\/h6>ONLINE jobs and education group Seek will continue expansion into international markets.

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Buffett joins $200K club. Membership: 1<\/a><\/h4>
Aug 15 2014<\/h6>IMAGINE if you\u2019d spent a grand on a single Berkshire Hathaway share 31 years ago. That stock just passed $US200,000 and is still climbing.

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Bloomberg Markets<\/a><\/h2>

Bishop: Low Interest Rates Are Needed in South Africa<\/a><\/h4>
Aug 1 2025<\/h6>President Donald Trump unveiled a slew of new tariffs that boosted the average US rate on goods from across the world, forging ahead with his turbulent effort to reshape international commerce. South Africa has been hit with a 30% levy. Meanwhile, the South African Reserve Bank cut interest rates by 25 basis points to 7%. Annabel Bishop, Chief Economist, Investec spoke to Bloomberg\u2019s Horizons Middle East and Africa anchor Joumanna Bercetche & Chief Africa Correspondent Jennifer Zabasajja. (Source: Bloomberg)

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FTSE 100 Live: Stocks Set to Fall as Trump Sets Out Tariffs<\/a><\/h4>
Aug 1 2025<\/h6>

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UBP Senior Economist Asia Casanova on Tariffs<\/a><\/h4>
Aug 1 2025<\/h6>UBP MD & Senior Economist Asia Carlos Casanova discusses the implication of new US tariffs on Asian economies. He speaks with David Ingles and Yvonne Man on \"Bloomberg: the China Show.\" (Source: Bloomberg)

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Trump Announces Sweeping Global Tariffs<\/a><\/h4>
Aug 1 2025<\/h6>President Donald Trump unveiled new tariffs that boosted the average US rate on goods from across the world. Taken together, the result will be higher tariffs on goods from almost all US trading partners. Trump said the US will put a 35% tariff on some imports from Canada, as well as a 39% tariff on imports from Switzerland, and a 15% levy on goods from New Zealand. Bloomberg\u2019s Katia Dmitrieva breaks down the situation.

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The China Show 8\/1\/2025<\/a><\/h4>
Aug 1 2025<\/h6>\u201cBloomberg: The China Show\u201d is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)

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Former Taiwan Lawmaker: US Tariffs Manageable<\/a><\/h4>
Aug 1 2025<\/h6>Jason Hsu, Senior Fellow at Hudson Institute and a former legislator-at-large in Taiwan, says a 20% US tariffs on exports from the island appears \"bad\". But he sees bargaining potential for Taiwan. He speaks with David Ingles and Yvonne Man on \"Bloomberg: The China Show.\" (Source: Bloomberg)

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Ex-US official: Trump Trade Plan Nears Finish Line<\/a><\/h4>
Aug 1 2025<\/h6>Former US Under Secretary of Commerce for International Trade Frank Lavin says US President Donald is achieving his goals in his tariff initiatives. But he also tells Bloomberg's Yvonne Man and David Ingles that he's not sure if the new levies will help the US economy. He speaks on \"Bloomberg: The China Show.\" (Source: Bloomberg)

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China Deploys Cannibal\u00a0Mosquitoes\u00a0to Battle Chikungunya Surge<\/a><\/h4>
Aug 1 2025<\/h6>Scientists battling China\u2019s largest chikungunya epidemic are releasing swarms of giant cannibal mosquitoes whose larvae devour the smaller insects spreading the debilitating disease.

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Bloomberg Technology<\/a><\/h2>

China\u2019s InnoScience Rises 64% After Named as Nvidia Supplier<\/a><\/h4>
Aug 1 2025<\/h6>Chinese chipmaker InnoScience Suzhou Technology Holding Co. surged as much as 64% in Hong Kong on Friday after it was identified by Nvidia Corp. as a supplier.

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Illicit Market Becomes \u2018Amazon for Criminals\u2019<\/a><\/h4>
Aug 1 2025<\/h6>What once took place in the dark corners of the internet is now a sprawling ecosystem of illicit activity operating in plain sight - and one Cambodia-based operation seems to have made a lot of it possible. (Source: Bloomberg)

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WeRide Vows to Boost Spending to Bring Robotaxis to the World<\/a><\/h4>
Aug 1 2025<\/h6>WeRide Inc. plans to ramp up spending, even as it continues to post losses, as the Chinese autonomous driving company bets that its ambitious international expansion plans will eventually see it reach profitability.

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Alibaba, Meituan and JD Vow End to Food Delivery Price War<\/a><\/h4>
Aug 1 2025<\/h6>Meituan, Alibaba Group Holding Ltd., and JD.com Inc. vowed Friday to curb \u201cdisorderly competition\u201d and cease the price-based rivalry that\u2019s threatened to erode margins and prompted warnings from government agencies.

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China Says US Exploited Old Microsoft Flaw for Cyberattacks<\/a><\/h4>
Aug 1 2025<\/h6>China accused the US of exploiting a flaw in Microsoft Corp.\u2019s email servers to steal military data and launch cyberattacks on its defense sector.

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TSMC Stock Price Dislocation Reaches Widest Level in 16 Years<\/a><\/h4>
Aug 1 2025<\/h6>The price gap between Taiwan Semiconductor Manufacturing Co.\u2019s American depositary receipts and its Taipei-listed shares surged to the widest level in more than 16 years, reigniting concerns that the euphoria surrounding artificial intelligence may be overheating.

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Robots Emerge as New Driver for China\u2019s Tech Rally With 75% Jump<\/a><\/h4>
Aug 1 2025<\/h6>Chinese robotics stocks are drawing fresh market attention as investors look for new catalysts for the rally sparked earlier this year by DeepSeek\u2019s advances in artificial intelligence.

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Apple\u2019s China Comeback Fueled by Mac Sales, iPhone Upgrades<\/a><\/h4>
Jul 31 2025<\/h6>Apple Inc. posted its first sales growth in China in two years, saying that new Mac computers and demand from city-dwelling phone customers helped fuel the rebound.

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Bloomberg Wealth<\/a><\/h2>

Goldman Urges Caution as Global Credit Spreads Hit 2007 Lows<\/a><\/h4>
Aug 1 2025<\/h6>Goldman Sachs Group Inc. credit strategists are urging clients to hedge risks as yield premiums on global corporate notes tightened to their lowest since 2007 this week.

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Bridgewater Founder Dalio Sells His Remaining Stake in Firm<\/a><\/h4>
Jul 31 2025<\/h6>Bridgewater Associates founder Ray Dalio sold the remainder of his stake in the hedge fund and left its board, ending a leadership transition started more than a decade ago.

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Point72 Preps First Venture Fund for Clients, Focuses on Defense<\/a><\/h4>
Jul 31 2025<\/h6>Billionaire Steve Cohen\u2019s Point72 Asset Management is raising its first venture capital fund for clients, seeking to bet on the \u201curgent\u201d need for defense technology startups.

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What to Know About Trump\u2019s Powell Pressure and Mortgage Rates<\/a><\/h4>
Jul 31 2025<\/h6>The Federal Reserve\u00a0decision\u00a0to leave rates unchanged Wednesday once again rankled President Donald Trump, who in recent weeks has\u00a0repeatedly argued that lower interest rates will unlock the frozen housing market.

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Trump Wants a Rate Cut to Boost Housing. It\u2019s Not That Simple<\/a><\/h4>
Jul 31 2025<\/h6>

The president has pressured Fed Chair Jerome Powell, arguing that cheaper borrowing costs will break the stagnation in the real estate market. But experts said affordability challenges in the US don\u2019t have an easy fix.<\/p>

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H.I.G. Poaches Morgan Stanley Executives for Secondary Strategy<\/a><\/h4>
Jul 31 2025<\/h6>H.I.G. Capital hired four executives from Morgan Stanley\u2019s private equity secondaries team as it prepares to launch a fund early next year, according to people familiar with the matter.

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Mortgage Rates Decline Slightly, Sending 30-Year Loans to 6.72%<\/a><\/h4>
Jul 31 2025<\/h6>Mortgage rates in the US fell for a second straight week.

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Kering to Award \u20ac20 Million Welcome Bonus to New CEO Luca de Meo<\/a><\/h4>
Jul 31 2025<\/h6>Kering SA is set to award a \u20ac20 million ($22.8 million) sign-on bonus to Luca de Meo when he takes over as chief executive officer of the Gucci parent company in mid-September.

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