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Visa’s AI Payments & Stablecoins: Adapting to Asia’s Evolving Payments Landscape

by Priya Shah โ€“ Business Editor
written by Priya Shah โ€“ Business Editor

Visa bets on Stablecoins, AI and Super App Partnerships to Dominate Asia’s Rapidly Evolving payments Landscape

SINGAPORE – Visa is actively integrating stablecoinsโข and artificial intelligence โ€‹into its payment infrastructure while forging partnerships with “super apps” to maintainโฃ its leading position in the Asia-Pacific region, according to โฃStephen Karpin, Visa’s Asia-Pacific president. The moves come as Asia’s โ€Œpayments spaceโฃ undergoes a period of unprecedented change, โคwith more โขdisruption โ€Œoccurring in the last five years than โ€Œin the previous fifty, Karpin stated.

Visa has launchedโ€‹ a stable settlement pilot program โคenabling โขselect โคpartners to utilize stablecoins – digital currenciesโฃ pegged to less volatile assets likeโ€‹ the U.S. dollar – across โฃsupported blockchains. “We want โคto makeโฃ [stablecoins] oneโ€ of the optionsโฃ to make and receive payments all โคaround the world, when the regulatory environment is ready,” Karpin said.He added โ€Œthat Visa possesses the “technologyโ€ and capability” to assist businesses of all sizes in embracing Web3 commerce. The company recognized the potential โฃof blockchain technology for payments a decade ago and is now seeing a surge in cross-border transactions conductedโ€Œ via stablecoins.

The shift in the Asian payments landscape is largely driven by the rise โ€‹of super apps – โขsingleโ€Œ platforms consolidating services like ride-hailing, food delivery, and digital payments.These โ€‹first gained โฃtraction โฃin mainlandโ€ China with the launch of Alipay inโค 2004 and wechat Pay in 2013, followed by GrabPay in Southeast Asia in โ€Œ2016.

Rather than viewing these apps as โคcompetition, Visa is activelyโค seeking collaboration. “You can live your life on a super app now, so we’re partnering with them to digitalize โ€‹the visa credential,” Karpin โคexplained. A โ€Œprime example is Visa’s partnership โ€‹with Taiwan’s Line Pay, allowing โขTaiwanese users to โคmake payments abroad by scanning QR codesโค connected to the Visa network.

Visa’s global acceptance network also provides a crucial advantage. “When traveling further abroad, you can’t use a super app โ€Œwith a QR. โ€‹We’re partnering with e-wallets so โคyou can use your โฃphone โคto tap to get โ€Œonto the New York subway, or buyโฃ lunch in London,” Karpin said.

While surpassed โขbyโ€Œ China’s UnionPay inโ€Œ 2015 in terms of โ€Œannual card paymentโค value and number of issued cards, Visa remains theโ€‹ world’s second-largest card payment organizationโ€Œ and currently leads โ€Œin global โฃtransaction volume. The company ranks No. 127 on the Fortune 500 list. Karpin has been with Visa for over a decade, gaining experience in the South Pacific, southeast Asia, and Japan beforeโฃ assuming his current role in 2023.

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Technology

This Monster Stock Gained 2,390% Over the Last 5 Years, Crushing Each of the “Magnificent Seven” and Palantir. It Has Nothing to Do With Artificial Intelligence (AI), and It’s Still Dirt Cheap!

by Rachel Kim โ€“ Technology Editor
written by Rachel Kim โ€“ Technology Editor

Build-A-Bear Workshop Stock Soars 2,390% – Outperforming Tech โ€Giants and โคAI Darling โคPalantir

NEW YORK โ€‹- September 2, โ€Œ2025 – In โ€a stunning upset, Build-A-Bear Workshop (NYSE: BBW) has delivered a remarkable 2,390% return overโ€‹ the past five years, eclipsing the gains of the “majestic Seven” tech โฃstocks – Alphabet, Amazon, โ€ŒApple, Meta Platforms, Nvidia, Tesla, and Microsoft – and significantly โคoutpacingโ€ the growth of data analytics firm Palantir Technologies.โ€‹ This unexpected surge defies current marketโ€‹ trends centered around artificial intelligence, positioning build-A-Bearโ€ as a uniquely undervalued chance, according to a new report by the Motley Fool.

While investors flockโ€Œ to AI-driven companies, Build-A-Bear’s success story highlights the enduring โฃpower โ€‹of brand loyalty,โ€ experiential retail, andโข strategic financial management. The company’s performance demonstrates that ampleโฃ returns aren’t solely dependent on cutting-edge technology,offering a compelling case for diversification and a reevaluationโค of conventionalโข retail investments. This surgeโฃ is particularly noteworthy โ€given โ€the broader economic landscape and the volatile nature of recent market gains.

The Motley Fool’s analysis points to a combination of factors driving Build-A-Bear’s remarkable growth.โ€Œ These โคinclude effective โคcost โฃcontrols, aโข triumphantโ€ franchiseโ€‹ model, and a consistent focus on enhancingโข the in-store experience. Despite โ€Œoperating in a competitive retail environment, Build-A-Bear has cultivated a dedicatedโฃ customer baseโ€ through personalized product offerings and a strong emphasis on creatingโ€‹ memorable experiences.as of August 25, 2025, Stock Advisor returns reflect the โ€Œcompany’s impressive โ€‹trajectory. Adam Spatacco โขof The Motley Fool โ€‹holds positions in Alphabet, Amazon, Apple, Meta Platforms, Nvidia, Palantir Technologies, and Tesla. The โคMotley Fool alsoโฃ maintains positions in Alphabet,Amazon,Apple,Meta Platforms,Nvidia,Palantir Technologies,Tesla,Walt disney,and Build-A-Bear Workshop,adhering to its established disclosure policy.

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World

Trump and Japan Trade Dispute: F-150 Import Concerns Emerge

by Priya Shah โ€“ Business Editor
written by Priya Shah โ€“ Business Editor

US-Japan Trade Deal Faces Implementation Hurdles Despite Agreement in Principle

Washington D.C. – August 6, 2025 – Implementation of the recently agreed-upon trade deal between the United States and Japan is proving more complex than initially anticipated, with key details regarding auto tariffs and investment commitments remaining unresolved. Despite a preliminary agreement reached earlier this year, significant discrepancies in interpretation threaten to delay full enactment, according to statements from officials on both sides.

The core of the agreement, brokered during the Trump administration, centers around reducing U.S. tariffs on Japanese automobiles. Currently, these tariffs stand at 27.5%, comprised of a pre-existing 2.5% rate plus a 25% levy imposed by former President Trump. While a reduction to 15% was touted as a win for Japan, the precise application of this cut remains a point of contention.

Japanese negotiators, led by Ryosei Akazawa, are currently in Washington D.C. for the ninth round of talks aimed at clarifying these ambiguities. Akazawa, arriving Wednesday morning Japan time, highlighted the challenges, referencing the U.S.-UK trade agreement which took 54 days to fully implement after reaching a similar accord. Asian markets reacted positively to Akazawa’s visit, with Japan’s Topix Index rising 1% fueled by optimism from major automakers like Toyota Motor Corp. (TYO: 7203).

Though, a recent executive order released by the White House on July 20, 2025, casts doubt on Japan’s understanding of the tariff reduction. The order explicitly states that the 15% tariff cut applies only to the European Union, leaving Japan’s tariff structure unchanged. This contradicts earlier claims by Akazawa that the 15% rate would be a ceiling, not an addition to existing tariffs. “There are many details involved with this tariff rate, so we are seeking to discuss these points in detail,” Akazawa stated.

Context: The long History of US-Japan Automotive Trade Friction

The friction over automotive trade with Japan dates back decades. Historically, the U.S. has sought greater access to the Japanese market,often citing non-tariff barriers. Though,industry analysts point to fundamental differences in vehicle preferences and infrastructure as the primary reasons for limited U.S. car sales in Japan.

For example,the popular Ford F-150 pickup truck,a staple of the American automotive landscape,is physically too large for many Japanese roads and parking spaces. Japanese roads, particularly in densely populated urban areas like Tokyo and Osaka, are considerably narrower than those in the U.S., with many designed around the “kei car” standard – vehicles less than four meters long and 660cc engine displacement. Data from Japan’s Zenkeijikyo (The Kei Car Association) from 2012 illustrates this point, showing the prevalence of these smaller vehicles.

Investment package Under Scrutiny

Adding to the complexity, the $550 billion investment package touted by former President Trump as a “signing bonus” is also facing scrutiny. Japanese officials, including Prime Minister Shigeru ishiba, clarify that the majority of this figure comprises loans and loan guarantees, not direct investment. Ishiba estimates that actual direct investment will likely amount to only 1-2% of the total,and will be driven by private sector decisions benefiting both nations. Key investment areas are expected to include semiconductor manufacturing, renewable energy projects in states like Arizona and Texas, and infrastructure growth in both countries. Specific companies expected to participate include Mitsubishi Heavy Industries (TYO: 7011) and U.S.-based Honeywell International (NYSE: HON).

The ongoing negotiations highlight the challenges of translating political agreements into concrete economic realities. the coming weeks will be crucial in determining whether the U.S. and Japan can resolve these implementation issues and fully realize the benefits of their trade deal.

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Business

Competitive cricketer turned assistant brand manager is now heading a $368 billion giant. Meet P&G’s new CEO Shailesh Jejurikar

by Priya Shah โ€“ Business Editor
written by Priya Shah โ€“ Business Editor

Procter & Gamble Taps Operations Veteran Jejurikar as New CEO

Leadership Transition Amidst Restructuring and Global Headwinds

Procter & Gamble is set to promote Chief Operating Officer Shailesh Jejurikar to the chief executive role, effective January 1, 2026. This move comes as the consumer goods giant navigates significant workforce restructuring, grappling with tariffs, and facing geopolitical challenges.

A New Era for the Consumer Goods Giant

Shailesh Jejurikar, 58, will officially assume leadership of P&G, succeeding current CEO Jon Moeller. Moeller will transition to an executive chairman position, focusing on board leadership and advising Jejurikar. The duration of Moeller‘s tenure as executive chairman will be determined by the P&G board.

โ€œWe thank Jon for his strategic leadership and guidance as he has played a pivotal role in designing and implementing P&Gโ€™s integrated portfolio, productivity and organization strategy, as part of one of the most significant transformations in the companyโ€™s history,โ€ said Joe Jimenez, lead independent director on P&Gโ€™s board. โ€œThe company has continued to consistently deliver strong growth and value creation through Jonโ€™s steady leadership as CEO. A strong plan is in place for sustained success and now is the time to transition to Shailesh as CEO. We are fortunate and grateful to have Jon continue as Executive Chairman.โ€

Damon Jones, P&G’s chief communications officer, highlighted Moeller‘s substantial contributions and legacy. Under Moeller‘s guidance, P&G has maintained its strong performance, ranking 149th on the Fortune 500 and recognized among the World’s Most Admired Companies.

Jejurikar’s Journey: From India to the Helm

Jejurikar‘s ascent follows a distinguished career within P&G, where he has served as COO since 2021 and previously led the global fabric and home care division. His tenure also includes leadership in global sustainability initiatives, integrating environmental and social goals with business operations.

P&G has outlined a compensation package for Jejurikar, including a $1.6 million salary and a potential $3.2 million bonus, alongside $14 million in long-term equity awards. Last year, Jejurikar‘s total compensation was approximately $10 million, while Moeller‘s reached $23 million.

A Legacy of Internal Succession

Founded in 1837, P&G maintains a strong tradition of promoting from within, having never hired an external CEO in its 174-year history. Jejurikar, a naturalized citizen, will be only the second CEO born outside the United States to lead the company, following a brief period in 1999-2000.

Jejurikar‘s formative years were spent in India, beginning his education in a rural area outside Mumbai. He later moved to Hyderabad, where boarding school shaped his personal development and leadership potential, culminating in being named head boy in his final year of high school. This experience instilled a core principle: never to ask anyone to do something I wouldnโ€™t do myself.

After completing his MBA at the Indian Institute of Management in Lucknow, Jejurikar joined P&G in 1989 as an assistant brand manager, embarking on a multi-decade career with diverse global roles.

Navigating Future Growth

The company’s strategic restructuring plan, which includes brand exits, divestitures, and market withdrawals, was detailed in recent presentations. This initiative aims to streamline operations and focus on core strengths for sustained growth.

In a company statement, Jejurikar expressed his honor and confidence: P&G people, our brands, and our capabilities in innovation and operational excellence fuel my confidence for a future of sustained growth and value creation. Moeller echoed this sentiment, stating, I look forward to supporting Shailesh and the entire team as they continue to improve the performance and value of P&G brands and categories to win with consumers and customers around the world.

P&Gโ€™s commitment to internal development is evident in its succession planning. For instance, former CEO A.G. Lafley, who returned for a second term, prioritized identifying his successor, leading to the appointment of David Taylor in 2015. This “build from within” ethos ensures continuity and a deep understanding of the company’s culture and operations.

The company is currently focused on innovation in its product categories, such as its commitment to sustainable packaging. For example, P&G aims to have 100% of its packaging be recyclable or reusable by 2030, a key aspect of its forward-looking strategy (Fortune 2025).

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World

EV Price Hike: $7,500 Tax Credit Change Coming October 1st

by Priya Shah โ€“ Business Editor
written by Priya Shah โ€“ Business Editor

Electric Vehicle Tax Credit Set to Expire in September 2025

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For Americans considering purchasing an electric vehicle (EV), time is running out to take advantage of important savings. The federal electric vehicle tax credit, which currently offers up to $7,500 for new EVs and $4,000 for used EVs [3], is slated to end in september 2025, rather than at the end of the year as initially planned.

Impending Expiration of EV tax Credits

President Trump is expected to sign the Big Beautiful Bill, a package of tax cuts and spending plans, which will eliminate funding for the EV tax credit starting in October. This decision stems from the administration’s assessment that there is no longer sufficient fiscal capacity to subsidize EV purchases, despite the bill increasing the debt ceiling by $5 trillion.

Did You Know? The Clean Vehicle Tax Credit, formerly known as the federal EV tax credit, was established to encourage the adoption of electric vehicles in the United States [1].

Potential Impacts on Consumers and Automakers

The looming expiration of the tax credit could trigger a surge in EV purchases over the next three months as consumers rush to capitalize on the savings. Simultaneously, Original Equipment Manufacturers (oems) might reduce EV production in the U.S. as early as the third quarter of 2025 to avoid being left with excess inventory after the subsidies disappear, according to UBS analysts.

The end of the tax credit also applies to EV leasing deals, which have become popular due to their adaptability regarding vehicle and battery manufacturing origins. The $4,000 credit for used EVs will also be discontinued in September.

The Original Intent of the EV Tax Credit

Introduced at the beginning of 2023 as part of the Inflation Reduction Act, the federal EV tax credit aimed to bridge the price gap between EVs and internal combustion engine (ICE) vehicles. The higher cost of EVs, driven by expensive materials like lithium and nickel used in battery packs, often made them less accessible to the average consumer.

While the tax credit initially required consumers to claim the incentive during their annual tax filing, a change in January 2024 allowed for the credit to be applied directly at the point of sale, providing immediate cost reduction.

Manufacturers’ Response and the Future of EVs

It remains to be seen how manufacturers will adjust their EV pricing strategies in response to the elimination of the tax credit. Some may choose to offer rebates to partially offset the loss of the incentive, similar to actions taken by automakers in Germany when the government ended its EV purchase subsidy.

Moreover, Trump’s bill also eliminates fines for exceeding Corporate Average Fleet Economy (CAFE) rules, possibly reducing the incentive for legacy automakers to prioritize EV production. This could lead to a resurgence in ICE vehicle sales in the U.S.,diverging from the global trend of increasing EV adoption.

Pro Tip: Check with your local and state governments for additional EV incentives that may be available even after the federal tax credit expires.

Possible shift in Automotive Focus

UBS analysts suggest that OEMs may shift their focus back to ICE models in the U.S. market due to the relaxed emissions regulations and the absence of EV incentives. This could substantially alter the landscape of the automotive industry in the United States.

Key Dates for EV Tax Credit Changes
Date Event
Beginning of 2023 Federal EV tax credit introduced as part of the inflation Reduction Act.
January 2024 Tax credit applied directly at the point of sale.
September 2025 Federal EV tax credit expires.
October 2025 Elimination of funding for the EV tax credit takes effect.

The Evolution of Electric Vehicle Incentives

Government incentives for electric vehicles have played a crucial role in promoting their adoption.These incentives, including tax credits and rebates, aim to reduce the upfront cost of EVs, making them more competitive with customary gasoline-powered cars. The effectiveness of these incentives depends on various factors, such as the size of the incentive, eligibility requirements, and consumer awareness. As governments worldwide strive to meet emissions reduction targets, the future of EV incentives remains a key topic of discussion.

Frequently Asked Questions About the Electric Vehicle Tax Credit

What is the electric vehicle tax credit?

the electric vehicle tax credit is a federal incentive designed to encourage the purchase of new and used electric vehicles by offering a tax credit to eligible buyers [2].

How much is the electric vehicle tax credit worth?

The electric vehicle tax credit is worth up to $7,500 for new electric vehicles and up to $4,000 for used electric vehicles [2].

When does the electric vehicle tax credit expire?

The federal electric vehicle tax credit is set to expire in September 2025.

Why is the electric vehicle tax credit expiring?

The electric vehicle tax credit is expiring due to the Big Beautiful Bill, which eliminates funding for the incentive starting in October 2025.

How will the expiration of the electric vehicle tax credit affect consumers?

The expiration of the electric vehicle tax credit will likely increase the upfront cost of electric vehicles for consumers, potentially slowing down EV adoption.

Will manufacturers offer rebates to offset the loss of the electric vehicle tax credit?

Some manufacturers may choose to offer rebates or othre incentives to partially offset the loss of the federal tax credit.

What are the potential long-term effects of the electric vehicle tax credit expiration?

The expiration of the electric vehicle tax credit could lead to a shift in focus back to internal combustion engine vehicles in the U.S. market, potentially slowing down the transition to electric mobility.

What impact do you think the expiration of the EV tax credit will have on the automotive market? Will this affect your decision to purchase an electric vehicle?

Disclaimer: This article provides general information and should not be considered financial or tax advice. Consult with a qualified professional for personalized guidance.

Share your thoughts in the comments below and subscribe to World Today News for more updates on the automotive industry!

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World

Amazon Reviews: Leadership Principles Now Key to Performance

by Priya Shah โ€“ Business Editor
written by Priya Shah โ€“ Business Editor

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amazon’s New Employee Performance Reviews Tie Leadership Principles to Evaluations

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Seattle,WA – Amazon is implementing a new policy requiring corporate managers to factor the company’s 16 Leadership Principles into employee performance evaluations,starting this quarter. The move, first reported by Business Insider, formalizes a previously implied expectation, aiming to strengthen company culture and streamline operations.

Formalizing Amazon’s Leadership Principles in Performance Reviews

The updated process codifies that Amazon managers should assess employees on how well their actions align with the company’s core values. These “Leadership Principles” (LPs),including “Bias for Action,” “Customer Obsession,” and “Frugality,” are intended to guide behavior,decision-making,and innovation within the company. According to internal guidelines, this change will strengthen the connection between performance and culture.

Did You Know? Amazon’s 16 Leadership Principles have been a cornerstone of the company’s culture since its early days,influencing everything from hiring decisions to product development.

Andy Jassy‘s Crusade to Revitalize Amazon’s Culture

The formalization of this evaluation is part of CEO Andy Jassy’s broader effort to reinforce the company’s DNA, originally architected by founder Jeff Bezos. Jassy aims to transform the 1.5-million person company into what he calls the “world’s largest startup.” This initiative includes identifying and cutting red tape using an internal bureaucracy hotline Fortune.

In the past year, Jassy released an hour-long video explaining the meaning of each of the 16 LPs. He also mandated a return to the office five days a week, believing that in-

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