‌Arthur Conard

Every choice is a gain or loss

[‌Arthur Conard @arthurconard5]

UK Chancellor of the Exchequer Rachel Reeves unveiled draft legislation to regulate crypto asset services, aiming to strengthen consumer protection and support innovation. According to statistics, around 12% of UK adults currently hold or have held crypto assets.#Cryptoassets #UK

[‌Arthur Conard @arthurconard5]

In particular, he demanded that the EU must pay more for medicines to help fund price reductions for U.S. drugs.

[‌Arthur Conard @arthurconard5]

Trump appears to have shifted the target of his global trade war fire to Europe after the US and China released a joint statement on the Geneva economic and trade talks. He said that the EU is not paying its fair share in US-US trade.

[‌Arthur Conard @arthurconard5]

Considering the volume of imports and exports between the two countries, the game between the two sides affects the global trade pattern at all times!🚚

[‌Arthur Conard @arthurconard5]

Breaking News! The United States and China issued a joint statement at the Geneva economic and trade talks, significantly reducing the level of bilateral tariffs, the mutual cancellation of 91% imposed tariffs, 24% reciprocal tariffs suspended for 90 days.#Tariffs #TradeWar

[‌Arthur Conard @arthurconard5]

The EU is determined to accelerate its decoupling from Russian energy after a rebound in Russian gas imports in 2024. The European Commission has released its Roadmap for REPowerEU, announcing a complete severance of energy ties with Russia by 2027.#EU

[‌Arthur Conard @arthurconard5]

The EU has issued a retaliatory list against US goods worth €95bn, while it has filed a case with the WTO to seek a solution.#UK #Tariffwar #WTO

[‌Arthur Conard @arthurconard5]

Trump administration is expected to announce a trade deal with the UK on 9 May. On the evening of 7 May local time, Trump teased a new trade deal in a social media post, but he did not specify which country it would involve.#UK #US #Trades #tariffs

[‌Arthur Conard @arthurconard5]

The British government has said that India will cut tariffs on 90% of British imports, of which 85% will be zero-rated within a decade. In addition, India will halve tariffs on whisky and gin imports from the UK to 75% and reduce tariffs on cars to 10% under quotas.#tariffs #UK

[‌Arthur Conard @arthurconard5]

Ford expects tariffs to cost $1.5bn or accelerate supply chain adjustments. Google launches Vertex AI predictive endpoints to strengthen AI commercialisation.

[‌Arthur Conard @arthurconard5]

At the 2025 Berkshire Hathaway annual shareholders' meeting, Buffett said the company has $347.7bn in cash reserves and emphasised the need for prudent investment. He plans to hold shares of Japan's top five trading companies for the long term and may expand his investments.

[‌Arthur Conard @arthurconard5]

Apple CEO Tim Cook disclosed the impact of tariffs on the company for the first time during the earnings call, saying that costs would have increased by $900 million in the current quarter if the current 20 per cent tariff rate on Chinese products had remained unchanged.#Apple

[‌Arthur Conard @arthurconard5]

Musk, CEO of Tesla and head of the U.S. Department of Government Efficiency, said that while his team had made some progress and claimed to have saved USA taxpayers $160bn (roughly Rs 116.34bn) so far, ‘we're not as efficient as I'd like to be’.#Musk #DOGE

[‌Arthur Conard @arthurconard5]

A U.S. federal judge ruled on 30 April local time that Apple had violated a previous court order and must make corrections to better promote competition in the market. The court order requires Apple to open its app shop to allow users to use external payment methods.

[‌Arthur Conard @arthurconard5]

The Iberian Peninsula was hit by a massive blackout that left the major cities of Madrid, Barcelona, Valencia, Seville, Bilbao and Lisbon in total darkness and, for a time, chaos. The lives of at least 50 million people across the Iberian Peninsula were affected.

[‌Arthur Conard @arthurconard5]

The U.S. trade deficit is expected to continue to widen in 2025, despite higher prices for U.S. imports and trade retaliation measures that will reduce U.S. exports. Powell said he will closely monitor economic data and take action to support growth if necessary.#US #trade

[‌Arthur Conard @arthurconard5]

The EU will reportedly consider possible changes to its 15 per cent minimum corporate tax law next week in a bid to ease tensions with the US. At a meeting next Tuesday, officials will discuss several policy options that could significantly change the way the law is implemented.

[‌Arthur Conard @arthurconard5]

IMF Managing Director Georgieva said that major trade policy shifts have led to a sharp rise in uncertainty and the global economy is facing a major new test. She called on countries to cooperate constructively to resolve trade disputes as soon as possible.#IMF #tradepolicy #EU

[‌Arthur Conard @arthurconard5]

The euro could become an alternative reserve currency choice to the dollar if Europe increases its integration efforts, ECB Vice President Luis de Guindos said. The EU needs to bridge regulatory differences and build a unified internal market, capital market and banking market.

[‌Arthur Conard @arthurconard5]

We also conduct comprehensive financial education programmes, through seminars and webinars, to help our clients succeed in a complex financial environment.

[‌Arthur Conard @arthurconard5]

ASST Capital's mission is to make sophisticated investment tools and strategies accessible to all investors to achieve financial freedom and drive the global financial industry towards a sustainable and impactful future.#ASST