Has the clock stopped on Swiss US trade?

Fast Retailing Co., the owner of Uniqlo, has seen its shares rise significantly, marking the largest increase in six months. This surge follows impressive double-digit revenue and profit growth in North America, showcasing the brand's successful expansion despite the challenges posed by US tariffs initiated by President Donald Trump earlier this year. This news is important as it highlights Uniqlo's resilience and ability to thrive in a volatile market, which could inspire confidence among investors and other retailers.

In August, German exports fell unexpectedly, largely due to the impact of US tariffs. This decline is significant as it highlights the ongoing challenges in international trade and the potential ripple effects on the German economy. With tariffs affecting key industries, this situation raises concerns about future economic growth and trade relations.

The World Trade Organization has warned that the growth of global goods trade is set to slow significantly in 2026, following a surprisingly strong performance in the first half of 2025. This slowdown is attributed to the delayed effects of tariffs imposed by US President Donald Trump, which are expected to weigh heavily on international commerce. This matters because it highlights the ongoing impact of trade policies on the global economy, potentially affecting businesses and consumers worldwide.

The ongoing Gaza War has led to devastating economic consequences for the region, with significant damage to infrastructure and a rising humanitarian crisis. As families return to their homes amidst rubble, the long-term impacts on the economy and daily life are becoming increasingly apparent. This situation matters because it highlights the urgent need for international attention and support to rebuild and stabilize the area, ensuring that the affected communities can recover and thrive.

The UK's Competition and Markets Authority (CMA) has granted Google a special status that subjects the tech giant to stricter regulations, potentially leading to significant changes in its search operations in the UK. This move is crucial as it aims to enhance competition and protect consumer interests in a market dominated by Google, which has raised concerns about its influence and practices. The implications of this designation could reshape how users experience search in the UK, making it a pivotal moment for both the company and its users.

Thai Airways has received a Sell rating from UBS due to concerns over its valuation. This news is significant as it reflects the financial analysts' skepticism about the airline's current market position and future prospects, potentially influencing investor decisions and stock performance.

Japan's long-standing governing coalition has collapsed, marking a significant shift in the political landscape after providing stability for 25 years. This unexpected turn has sent shockwaves through the markets and poses a serious challenge for the new ruling party leader, Sanae Takaichi. The implications of this collapse could lead to uncertainty in governance and economic policies, making it a crucial moment for Japan's future.

Google is facing potential changes to its search engine in the UK after being granted 'strategic market status' by the regulator. This designation allows for what the regulator describes as 'proportionate interventions,' which could impact how Google operates in the region. This development is significant as it may lead to increased scrutiny and adjustments in Google's practices, affecting users and competitors alike.

Goldman Sachs has upgraded Sysmex stock to a 'Buy' rating, reflecting a positive reassessment of the company's growth potential. This upgrade is significant as it indicates confidence in Sysmex's future performance, which could attract more investors and boost the stock price. Such moves by major financial institutions often influence market trends and investor sentiment.