Ray Dalio warns that mounting U.S. debt problems could lead to ‘shocking developments’

Ray Dalio warns that mounting U.S. debt problems could lead to ‘shocking developments’

Bridgewater founder Ray Dalio on Wednesday warned that a significant supply-demand problem regarding U.S. debt could have a profoundly disruptive impact on the global economy. It is the latest in a series of stark warnings about America’s mounting debt from the U.S. hedge fund billionaire, with the country’s national debt currently standing at more than…

Read More
Malaysia will take ‘necessary action’ if its companies are involved in Nvidia fraud case: Trade minister

Malaysia will take ‘necessary action’ if its companies are involved in Nvidia fraud case: Trade minister

Nvidia’s headquarters on Feb. 26, 2025, in Santa Clara, California. Justin Sullivan | Getty Images Malaysia said it will take “necessary action” against Malaysian companies if they are found to be involved in a fraud case linked to the alleged movement of Nvidia chips from Singapore to China. That comes after Singapore Law and Home…

Read More
Singapore says U.S. firms should comply with export controls following DeepSeek chip questions

Singapore says U.S. firms should comply with export controls following DeepSeek chip questions

Singapore’s Ministry of Trade and Industry (MTI) said in a statement Saturday that it expects U.S. companies to comply with U.S. export controls and local laws, following questions over the chips used by China’s DeepSeek to produce its AI model. Markets were rocked this week after DeepSeek claimed its large language model outperforms OpenAI’s but…

Read More