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China backs yuan to strongest level in nearly a year as US trade war hits markets
China stepped in on Wednesday to support the yuan, showing how far Beijing is willing to go to keep its currency stable as the trade war with the United States stretches on. The People’s Bank of China...
Chinese firms turn to Hong Kong IPOs amid rising tensions with Washington
Chinese companies have withdrawn from listing in the U.S. this year amid rising tensions between Beijing and Washington, as well as increased regulatory scrutiny in the U.S. Data provider Dealogic not...
China sanctiones five U.S. subsidiaries of Hanwha Ocean for aiding U.S. probes into its shipping sector
China hit back Tuesday by sanctioning five U.S.-based subsidiaries of South Korea’s Hanwha Ocean, sending shares of the shipbuilder tumbling over 8% in Seoul. The Chinese government said the action wa...
Crypto markets bleed further as weekend liquidations ripple through
The crypto market is still reeling after this weekend’s massive wipeout. On Tuesday morning in London, Bitcoin dropped 2.9%, landing near $112,500, while Ether took an even harder hit, down over 5%, s...
China quietly curbs magnet exports, undermining US trade promises
Companies making rare earth magnets in China have been dealing with tougher export checks since September, industry insiders say. This happened weeks before the government announced broader restrictio...
Bessent accuses China of deliberately harming the global economy
US Treasury Secretary Scott Bessent has accused Beijing of sabotaging the world economy by hoarding rare earths and other critical minerals as it throws shockwaves through global supply chains and sen...
Canada seeks closer ties with China and India amid U.S. tariff turmoil
Canada has announced plans to strengthen its ties with China and India amid ongoing trade tensions with the U.S. The country’s Foreign Minister Anita Anand plans to meet her counterparts from both cou...
MARA Holdings adds 400 Bitcoins to reserves as market sets up relief rally
After last week’s significant sell-off, MARA Holdings bought 400 Bitcoins for $46.29 million from the liquidity provider FalconX. The purchase, made through MARA’s “3MYao” wallet, increases the compan...
Anthony Pompliano dismisses gold as ‘Failing Asset’
Gold has firmly taken the lead against Bitcoin in 2025, climbing 25% higher as investors seek safety amid global uncertainty. However, Anthony Pompliano, a high-profile crypto investor, made headlines...
China’s September trade beats expectations with robust growth
Customs data showed on Monday that China’s exports for September surged by 8.3% year on year to $328.6 billion, which was higher than August’s 4.4%. The figure also surpassed the 5.65% forecast by Chi...
Dutch seizure of Nexperia sends China’s Wingtech shares down 10%
China’s Wingtech Technology Co. plunged 10% after the Dutch government took control of its European chip unit, Nexperia, in a surprise decision that deepened global scrutiny of Chinese technology inve...
Switzerland is accelerating efforts to upgrade its free trade agreement with China amid stalled tariff discussions with the U.S.
Switzerland is reducing its reliance on the U.S. following the imposition of high tariffs on Swiss exports by the world’s largest economy. With geopolitical tensions rising, the European nation is str...