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Putin, Xi ties are as solid as ever after decade of trade deals and US antagonism
Russia and China spent centuries eyeing each other with suspicion. Now, after ten years of energy deals, joint military drills, and one brutal invasion, they’re looking more like business partners tha...
Trump’s push for freer market sets off UK digital banks migration to the US
British fintechs are accelerating their push into the United States, viewing Trump’s deregulatory agenda as a short-term opportunity to move quickly. Revolut and Starling, two of the UK’s top digital ...
Chinese rigs head stateside as US agenda steals the show at Bitcoin Asia
Bitcoin Asia happened in Hong Kong last week, but the power plays didn’t. The crowd showed up in Asia, the headlines went west. Everyone inside the venue, from miners to politicians to fanboys with fr...
Oil sees over 2% gains despite strain in US, India, Russia economic ties
Oil prices surged sharply on Tuesday as fresh missile exchanges in Ukraine disrupted Russian output and triggered new trade penalties from Washington. According to data from CNBC, Brent crude for Nove...
September opens in the red for US stocks as tariff uncertainty clouds Asia forecasts
US stocks entered September on the back foot as futures dropped early Tuesday, with traders reacting to trade war fallout, rising bond yields, and fresh signals from Asia. All three major US indexes w...
BlackRock leads US ETFs dominance as ETPs corner 7% of total Bitcoin supply
Bitcoin exchange-traded products (ETPs) now hold almost 1.5 million BTC, accounting for 7% of the maximum Bitcoin supply. Wealth management analyst Nate Geraci shared the milestone, noting the sizable...
Trump critical of US-India trade balance after Modi knocks back tariff deal claims
Donald Trump called out India’s trade practices just hours after Prime Minister Narendra Modi returned from China. Trump said the United States was stuck in what he described as “a totally one-sided d...
Record borrowing fuels Chinese equity rally as crypto holds back
Chinese investors are borrowing record sums to buy local equities, signaling a renewed appetite for risk across global markets. Yet, crypto traders are in a “wait-and-see” state, even as leverage in m...
M2 money supply in the US expanded in August, setting expectations for a continued BTC bull cycle
The US M2 broad money supply kept expanding in August, reaching a new historical high. The metric also correlates with the growth of BTC, which is often seen as an alternative to a debased currency. T...
A study warns that stricter immigration enforcement could cost California up to $278 billion in GDP
A new analysis says tougher federal enforcement could hurt the industries that power California’s $4 trillion economy, as it is dependent on immigrant workers. Researchers identify agriculture, constr...
Putin and Modi continue to defy Trump's economic stick at SCO Summit
Narendra Modi hugged Vladimir Putin in Tianjin on Monday right there at the regional SCO Summit in front of cameras. Then they got into the same car and headed to a private meeting. All this while Was...
Chinese factories see strongest growth since March, PMI beats expectations
Chinese factories were a little louder in August, with activity expanding at the fastest pace in five months. A closely watched private survey, the RatingDog China General Manufacturing Purchasing Man...