U.S. soybean prices soared to a two-week high on Monday after President Donald Trump urged China to quadruple its purchases ahead of a tariff truce deadline, though analysts questioned the feasibility of any such deal.
BUSINESS
Heard on the Street Monday Recap: Trump Extends China Tariff Deadline
President Trump extended the deadline for higher tariffs on China until Nov. 9. Levies were set to rise Tuesday, but [Trump’s extension allows for further negotiations](
S&P 500 Could Hit 7,500 By Spring 2026, Says Chief Strategist, Cites Blockchain-Led ‘Unreasonable Rally’
Altus, has made a bold prediction for the S&P 500, foreseeing a substantial surge in the index’s value. S&P 500 Seen Hitting 7,500 By 2026 Amid Blockchain Boom Thorne, in a recent report, has set…
Trump is tightening his grip on the economy, taking a page from China
Fire the economists. Sue the Fed chair. Meddle in private businesses. Consider suspending economic reports. Demand fealty. Take over police in the capital. Tell everyone it’s for their own good.
Odin.fun blames faulty liquidity AMM, China exploiters for uncoverable 58.2 BTC loss
Bob Bodily, the founder of Odin.fun, claims that its latest high-profile breach happened due to a faulty liquidity AMM introduced in its latest update.
Tariff delays choke growth as industry demands clear US-China trade terms
The American Apparel & Footwear Association (AAFA) has expressed concern over the perpetual cycle of tariff deadline extensions as the unclear US-China trade terms have left American businesses and …
Half of trucks produced at Scania’s €2bn production site in China will be exported
Scania’s new Chinese production facility will open in October in a bid to reduce costs in the Asian market and stay ‘close to rivals’. View on euronews …
China July bank loans unexpectedly contract for first time in 20 years
China’s new yuan loans contracted by 50 billion yuan ($6.97 billion) in July, falling well short of analysts’ forecasts and plunging from 2.24 trillion yuan in June, according to Reuters calculations …
What CEOs really think about Nvidia and AMD’s China export deal: ‘Brilliant, a tariff that we don’t have to pay’
In today’s CEO Daily: Diane Brady on Nvidia and AMD’s deals to give the U.S. government a 15% cut of their chip sales to China. The big story: China tariff deal pushed off.
How are businesses that import from China handling the trade war?
President Donald Trump announced Monday night that he is extending the pause on higher tariffs on China for another 90 days, until mid-November. Tariffs on Chinese imports are currently set at 30%, …
China rejects OpenAI’s GPT-5 trademark bid, here’s why
Chinese authorities have rejected OpenAI’s bid to trademark “GPT-5” on the mainland, marking another setback for the ChatGPT maker in protecting its brand in one of the world’s largest AI markets.
Trump’s administration halted the sale of advanced computer chips to China back in April over national security concerns.
NEW YORK (AP) — Nvidia and AMD have agreed to share 15% of their revenues from chip sales to China with the U.S. government, as part of a deal to secure export licenses for the…
Why China’s banks are hunting for fortunes stashed abroad
BEHIND the gates of an opulent mansion in Vancouver, San Francisco, or Sydney, a wealthy Chinese individual lives a life of quiet opulence, his wealth secured in offshore accounts and real estate. Meanwhile,
