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President Donald Trump has been in office for more than three weeks, and a series of White House announcements show no signs of weakening.
The administration will suspend the implementation of the Foreign Corrupt Conduct Act, President Trump removed him from the Office of Government Ethics, (gasp!) and even the unfortunate penny was not spared, and Trump ordered the cessation of a penny production.
For investors, the removal of ethical regulations will certainly cause problems. How will American companies act now, especially in a market with more rampant corruption? Will there be more brown envelopes slipping under the table in the name of keeping or winning business? Will the rule of law be replaced by the number of businesses brought by the company?
There are no direct answers to these questions, but hopefully, two cents from experts and economists are heard in the coming days.
Well, at least when a penny is still there.
— Lim Hui Jie
What you need to know today
Altman rejects $97.4 billion offer from Musk-led investors for OpenAI
Tesla CEO Elon Musk yes Lead a group of investors CNBC confirmed that it will buy control of OpenAI for $97.4 billion. The offer is aimed at nonprofits that oversee the AI startup behind Chatgpt. However, Openai CEO Sam Altman is Post on X“No, thank you, but we’ll buy Twitter for $9.74 billion if you want.” Musk then replied to the Openai leader on X, calling him “fraud.“
Asian economies scramble to appease Trump as he intensifies tariff threats
As the ghost of reciprocal tariffs by U.S. President Donald Trump, some Asian economies enjoy a large trade surplus with Washington Scramble to negotiate favorable solutions Work with him to avoid being slapped by higher duties. Trump said Friday that he will announce reciprocity tariffs – with the responsibilities of various countries imposing U.S. goods collection – effective immediately on Tuesday.
Chinese companies see record dividend spending
Chinese companies are attracting investors Record dividend expenses And sharing buybacks in strict corporate governance reforms, some market observers say more is coming. Goldman Sachs estimates that Chinese companies’ cash allocations could reach $3.5 trillion this year to raise new highs.
Market shrugging tariff concerns
U.S. stocks rose, driven by a major technology name on Monday, as traders see beyond the president’s latest U.S. tariff threat Donald Trump. this Dow Jones Industrial Average Increased by 0.38% to lead with a 4.8% return McDonald’s. this S&P 500 Obtained 0.67%, Nasdaq Composite Materials Climbing 0.98%. The Asian market is more mixed On Tuesday, the South Korean market fell in positive territory and the Chinese market.
Byd launched driver assistance technology with the help of DeepSeek, stock hits record high
Chinese electric vehicle giant Bit Stock hit Record high in Hong Kong The company said it would make a deal on Tuesday with the help of DeepSeek. Shares rose more than 4% on Tuesday morning, ahead of sales earnings, with 345 Hong Kong highs ($44.24) all-time highs.
(Pro) Traders lower tax rates to lower expectations
Investors are Reduce their expectations As interest rates are being lowered from the Fed this year, they are increasingly concerned about tariffs and their impact on inflation. Economists warn that a large-scale trade war could significantly raise prices, and consumers seem to be worried.
at last…
Tim Boyle | Getty Images News | Getty Images
What does the end of a penny mean for the economy, your piglet bank, and the way the U.S. price project means
President Donald Trump has ordered the Treasury Department Stop casting new pennies, This could affect prices, cash consumers, and coins still under the sofa cushion.
Experts predict that as more and more prices round to the nearest five cents, experts will have a slight inflationary impact. People at the bottom of the economic ladder may feel the most penny because they don’t have an account or can’t get a debit card, credit card or digital wallet.
