Oil prices held steady on Wednesday after an earlier dip, as investors assessed the supply-demand balance amid rising OPEC+ output. Ongoing concerns about the global economic outlook, driven by trade tensions and tariffs,
Monthly Archives For June 2025
China’s Wheat Harvest Risks 7-Year Low as Farmers Battle Drought
China’s wheat output could drop as much as 5% this year to the lowest since 2018, after recent drought in key growing regions stressed the crop.
Andy Mukherjee: Importers hit by Trump tariffs could turn to ‘glocal banks’
Trade finance isn’t just about lubricating cross-border commerce, but also about easing flows of business intelligence. Banks that are both global and local—and specialize in Asian trade …
Trump admits its ‘extremely hard’ to cut a deal with China’s Xi
Donald Trump said on Wednesday it’s “extremely hard” to reach any kind of agreement with China’s President Xi Jinping, just as his administration kept telling …
China’s rare earth chokehold tests the mettle of global industry
Global automakers and governments are raising concerns as China’s restrictions on rare earth magnet exports disrupt supply chains. These restrictions, citing national security, impact critical …
Asian stocks advance, China benchmark up 0.42%
An unexpected increase in U.S. job openings buoyed sentiment as the OECD warned uncertainty is stifling investment and confidence.
New Covid-19 mutation from China is ‘more transmissible’ amid stark expert warning
The new Covid-19 variant has been detected in travelers arriving in New York, the state of Washington, Rhode Island, Virginia and Hawaii since March and, now, California, with some fearing the return …
Trump tariffs live updates: Trump says China’s Xi is ‘extremely hard to make a deal with’
President Donald Trump has said it’s “extremely hard” to reach a deal with his Chinese counterpart Xi Jinping, denting hopes for a call between the two leaders as trade talks stall. “I like President …
CNBC’s The China Connection newsletter: AI integration gives China supply chains an even greater advantage
As more Chinese factories turn to tech for cost-cutting and quality controls, it’s going to be even harder to resist buying from them.
China criticises Rubio remarks on 1989 Tiananmen protests
The United States, in its commemoration of the Tiananmen protests in 1989, “distorted” historical facts and attacked China’s political system, the Chinese foreign ministry said on Wednesday.
China Reacts to Ukraine’s Raid on Russian Bomber Bases
China urged all parties involved in the Russia-Ukraine war to cool down the conflict in response to Kyiv’s stunning Operation Spiderweb against Russian airfields, which destroyed a number of Moscow’s …
Trump says ‘extremely hard’ to make a deal with China’s Xi Jinping as trade talks stall
U.S. President Donald Trump said on Wednesday that China’s President Xi Jinping was “extremely hard” to make a deal with. A senior White House official told CNBC earlier on Monday that Trump and Xi …
Trump calls China’s Xi tough, ‘hard to make a deal with’
U.S. President Donald Trump said on Wednesday that Chinese President Xi Jinping is tough and “extremely hard to make a deal with.” …
