Meituan will invest $1 billion over five years to start and expand a food delivery service in Brazil, as Luiz Inacio Lula da Silva hopes to transform the country’s commodities-reliant economy with help from China.
BUSINESS
Bitcoin Price Prediction: US and China Agree on Temporary Tariff Reduction, Can BTC Push to $120K?
Bitcoin holds above $103K as US-China tariff cuts fuel market optimism. Key support and resistance levels signal potential breakout.
Dow soars as trade war with China partially paused
The Trump administration declared victory in a trade war with China Monday after a temporary economic ceasefire that sent the Dow leaping 1,100 points.
TikTok-savvy Chinese manufacturers are marketing directly to American consumers
What these factory owners are making is a point that, even with the tariff, it is still going to be drastically cheaper than when you’re buying from the brand directly,” said Caiwei Chen, a China…
Hyperliquid Inflows Soar to New All-Time Highs as Bitcoin Jumps Over $100K Post China Tariff Deal
Hyperliquid records weekly inflows of $548 million and over $5.6 billion in open interest, both all-time highs. Bitcoin and Ethereum rebound sharply as crypto market …
Hong Kong’s IPO market accelerates amid tariff uncertainty, China stimulus optimism
SINGAPORE] Companies have been flocking to file applications for initial public offerings (IPOs) in Hong Kong amid uncertainty surrounding trade tariffs, and optimism on China’s stimulus measures.
Strategy Scoops 13,390 Bitcoin in $1.34B Blitz – Tariff Truce Sparks Volatility
Strategy has purchased 13,390 Bitcoin for $1.34 bn, lifting its holdings to 568,840 BTC acquired for $39.41 bn amid tariff pause talks.
Ethereum Heats Up to Lead Crypto Higher
The gains are welcome for Ethereum, which fell more than 50% between December and April’s lows. The blockchain has struggled with high costs and slow speeds for years but that has become a real …
Tariff Truce With China Demonstrates the Limits of Trump’s Aggression
President Trump’s triple-digit tariffs on Chinese products disrupted global trade — but haven’t appeared to result in major concessions from Beijing.
China Tariff Rollback Unlikely to Boost Imports, Port of L.A. Chief Says
The executive director of the Port of Los Angeles says he doesn’t expect a flood of goods despite the deal reached by the U.S. and China.
Trade truce with China is hailed, but it may not be enough to stop shortages
The Trump administration says it intends to develop a ‘mechanism’ that will ‘rebalance’ the U.S. trade relationship with China — a task that has eluded presidents for decades.
Bitcoin retreats as U.S. and China agree to pause some tariffs: CNBC Crypto World
On today’s episode of CNBC Crypto World, bitcoin slips from its recent highs even after the U.S. and China agree to temporarily halt some tariffs. Plus, American Bitcoin, the bitcoin mining company …
This Robotaxi Stock Roared 72% Higher Last Week. Time to Hitch a Ride?
Since its IPO last December, where it raised $413 million at $13 per share, PONY stock has experienced volatility, surging to a 52-week high of $23.88 before tumbling as low as $4.11 per share.