Thai SEC and central bank plan to launch crypto sandbox for foreign tourists

Thailand's pilot program lets tourists convert digital assets into baht, aiming to enhance spending while addressing regulatory and money laundering concerns.

Yen slides on tariff, election anxiety; Aussie hit by soft jobs

The article discusses the yen's decline due to election concerns in Japan, trade negotiations with the U.S., and recent currency fluctuations.

Fed’s Williams won’t comment on Trump attacks on central bank

John Williams of the New York Fed declined to comment on Trump's criticisms and emphasized the importance of an independent central bank while asserting the dollar's continued global role.

Brazil’s Senate approves main text of new rules on court-ordered debt in first vote

Brazil's Senate approved an amendment for court-ordered debt accounting from 2027, aiding fiscal targets; final vote awaits Congress's return from recess.

Japan’s exports drop as US tariffs hit automobiles, pressure set to intensify

Japan's exports fell for two months due to U.S. tariffs, risking the economy's stability amid trade tensions, particularly affecting automobile sales and overall competitiveness.

Trump rescinds $4 billion in US funding for California High-Speed Rail project

Trump's administration rescinded $4 billion for California's High-Speed Rail, citing overruns and inefficiencies, while California officials vowed to challenge the decision, claiming it was illegal.

Trump says he would love for Fed Chair Powell to resign

Trump expressed a desire for Fed Chair Jerome Powell to resign, citing criticism of interest rate policies and renovation costs, but acknowledged potential market disruption from such a move.

Fed’s Williams says tariff economic impact is only just starting

Brazil’s top court backs most of Lula’s tax hike decree after stalemate with Congress

Brazil’s Supreme Court upheld a presidential decree raising the IOF tax, beneficial for the government despite pushback, while warning of significant potential revenue shortfalls.

Investors become inured to policy whiplash, Powell headlines cause limited reaction

Investors show cautious reactions to reports of Trump potentially firing Fed Chair Powell, reflecting learned apprehension towards political news and its quick changes.