... in other parts of the world. In the European Union, the MiCA (Markets in Crypto-Assets) regulations came into effect, introducing transparent rules for the issuance of crypto assets, the operation of crypto exchanges, and wallet providers across all EU countries. This allows companies to operate legally in the European market and obtain standardized licenses. In Asia, financial hubs such as Hong Kong and Singapore are competing for the title of leading crypto hub, offering specialized regulatory ...

... close to an agreement that could prevent the imposition of large new tariffs. Earlier in the week, the US also concluded a separate trade deal with Japan, avoiding tariffs on Japanese cars. Now, European businesses hope for a similar compromise for the EU: uncertainty surrounding potential tariffs significantly reduces appetite for risk. Industrial and automotive giants in Europe are particularly vulnerable, having already incurred costs from tariff confrontations. For instance, recent half-year results ...

... Furthermore, the earnings season in Europe continues this week: several companies will report in the coming days. For example, Deutsche Bank (Germany) and Barclays (UK) will unveil their results shortly, providing important data on the banking sector in the EU and the UK. However, today's reports from SAP and UniCredit will draw particular attention as benchmarks for European financial markets: the former in the technology sector and the latter in the financial segment. Asian Corporate Reports The Asian ...

... and Pakistan is less than $1 billion a year, and the share of intranational trade barely reaches 5% of the total volume of external trade of South Asian countries (in comparison, in Southeast Asia, this figure stands at around 25%, while within the EU it exceeds 60%). In other words, a significant portion of the growth potential and prosperity of the region is blocked by the ongoing conflict. A direct war between India and Pakistan would have devastating consequences for their closest neighbors....