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ECB exposes 21 quarters of risk misreporting at J.P. Morgan, issues €12 million fine

News Tejaswini Deshmukh -
JPMorgan Chase & Co. (NYSE: JPM) has been fined €12.18 million by the European Central Bank (ECB) after its German unit, J.P. Morgan SE,...

Indonesia avoids 32% tariff as US secures $33 billion trade and investment commitments

Tariffs Tejaswini Deshmukh -
The United States and Indonesia have officially finalized a major trade agreement that reduces tariff pressure and expands economic ties between the two countries. US...

Midsize US firms pay three times more in tariffs as trade gap climbs to $1.24T

Tariffs Tejaswini Deshmukh -
Tariffs paid by midsize US companies tripled over the past year, according to new research from the JPMorganChase Institute....

Indonesia looks to cut U.S. tariffs from 19% to 18% in new trade discussions

Tariffs Tejaswini Deshmukh -
Indonesia is in Washington this week with a clear goal: to negotiate a lower tariff rate on its exports...

Pentagon weighs labeling Anthropic a supply chain risk in clash over military AI use

News Tejaswini Deshmukh -
A serious disagreement is unfolding between the Pentagon and the artificial intelligence company Anthropic over how advanced AI systems...

US confirms $36 billion Japan investment tranche under tariff-linked trade agreement

Tariffs Tejaswini Deshmukh -
The United States has announced the first set of investments under a major trade agreement with Japan, marking a...

KPMG partner fined $10,000 after using AI to cheat on AI ethics exam

News Tejaswini Deshmukh -
A partner at KPMG Australia was fined AUD 10,000 for using artificial intelligence (AI) to complete an internal AI...

Alphabet unleashes massive bond wave, tightening global credit markets

News Tejaswini Deshmukh -
The global corporate bond market has seen a significant change after Alphabet Inc., the parent company of Google, carried...
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