The Houthis launched an uncrewed surface vessel attacking MT Chios Lion, a Liberian-flagged, Marshall Islands-owned, Greek-operated crude oil tanker, according to a statement put out by the United States Military’s Central Command on Tuesday.
Monthly Archives For July 2024
China’s Third Plenum Planners Have Problems Beyond The Property Crisis
For years China’s local governments have spent freely to support growth. The debt loads they have accumulated now threaten the nation’s economic prospects.
Stock market news today: Nasdaq sinks over 2% as China curb risk rattles techs
Techs were under dual pressure from worries about US export curbs on China and Donald Trump’s stance on Taiwan.
‘He’s Changed His Tune’—Trump Reveals JPMorgan CEO’s ‘Sudden’ Bitcoin And Crypto Flip Amid Huge Price Surge
Donald Trump has revealed JPMorgan CEO Jamie Dimon, an arch-bitcoin and crypto skeptic, has “all of a sudden changed his
Hong Kong academic critiques crypto policies and China’s mining ban
Professor Yang Wang from the Hong Kong University of Science and Technology (HKUST) recently gave a talk at the HashKey New Horizons event. He had some pretty strong opinions about Hong Kong’s crypto …
Donald Trump Suggests He Would Not Defend Taiwan From China
The U.S. does not recognize Taiwan as an independent state, but is opposed to any attempt by Beijing to take the island by force. Trump appeared to suggest that Taiwan should pay the U.S. for…
AI Earthquake: Semiconductors Suffer Worst Selloff In Years On Stricter US Chip Exports To China
The semiconductor sector faces major losses due to concerns over US-China trade restrictions under the Biden administration. Chipmakers see sharp drops.
China Market Update: Sector Rotation Goes Global As Semiconductor Stocks Fall
Asian equities were higher except for Taiwan, South Korea, and semiconductor stocks regionally on potential US chip export restrictions and weak guidance from ASML. However, the rotation from the …
China’s leaders hope breakthroughs in technology will revive faltering economy
China’s economy is growing at its slowest pace in decades, weighed down by a weak job market, massive local government debts and a prolonged slump in the property industry
‘I don’t like China:’ J.D. Vance is tougher on Beijing than his running mate Donald Trump
Presidential candidate Donald Trump ’s pick for running mate is J.D. Vance, a memoirist turned senator who has been very critical of China across a range of issues.
“China has already reached its economic peak, it cannot catch up with the USA”
China wants to overtake the US and become the worlds largest economy. What problems does he have to overcome along the way? Weak economic growth is only one of the topics that the Communist Party…
Bosses in China have been accused of making job applicants take pregnancy tests: report
Prosecutors in Nantong investigated 16 companies which they said had 168 job applicants take pregnancy tests, according to state media.
Donald Trump Comments On Crypto Pivot: ‘If We Don’t Do It, China Will’
Trump now supports cryptocurrency, seeing it as a strategic necessity to prevent China from dominating the sector. Trump’s pro-crypto stance contrasts with the Democratic Party’s cautious approach, …
