US President Donald Trump slammed China’s halt of American soybean purchases as an “economically hostile act,” warning Tuesday that his country could in turn stop buying cooking oil from the world’s second-biggest economy.
BUSINESS
Carmakers gear up for chip battle after China curbs Nexperia exports
Industry warns of disruption to European production following Beijing’s retaliation for Dutch government’s seizure
Trump Says China Tariffs ‘Won’t Stand’ — But Bitcoin Crashes 5% Anyway
Bitcoin (CRYPTO: BTC) fell below $104,000 on Friday before president Donald Trump said high tariffs on China “will not stand,” easing trade tensions but doing little to stop the market’s decline.
IPO market is ‘really strong,’ NYSE president says, calls for long-term focus
Martin noted that public listings on the NYSE have come roaring back in 2025. “The IPO market is really, really strong,” she said. “We’ve had a great year so far across all sectors.” …
China allows more biofuel firms to export green aviation fuel, sources say
China has approved another three biofuel refiners to export sustainable aviation fuel (SAF) by issuing them quotas, according to trade sources and a Chinese consultancy, a move that could see exports …
China is the world leader when it comes to rare earths. This can be used this as leverage in a trade war with the U.S.
China leads the world when it comes to the production and processing of rare earths. That may be a key weapon in its trade battle with the U.S. — and its move to expand export…
China’s export boom can’t stop economy’s worst quarter in 2025
CHINA’S economy likely expanded the slowest in a year last quarter despite a boom in exports. This is a disconnect the Communist Party may move to rectify, by championing higher consumption, when it …
G7 agrees to keep united front on China export controls, diversify suppliers
Group of Seven finance ministers agreed to keep a united front and coordinate their short-term response to China’s export controls on rare earths and to diversify suppliers, European Economic …
Crypto Frozen in Fear, F&G Index Drops 42 Points in A Week, Is Another Price Crash Imminent?
According to Alternative.me’s Fear & Greed Index, market sentiment fell to 22, Extreme Fear, down from 64 (Greed) just one week ago. Meanwhile, CoinMarketCap’s Crypto Fear and Greed Index also dropped to 28 (Fear) from…
Bitcoin struggles to find momentum after historic crypto wipeout
The market struggles to stage a lasting recovery after a record spree of liquidations sparked by US-China tensions.
Crypto trader bags $160M by shorting ahead of Trump’s China tariff
The crypto market saw more than $17 billion in leveraged positions being wiped out over the last four hours. The development follows President Donald Trump announcing a 100% tariff on China. However, there is at…
In China, global companies struggle as home-grown brands steal thunder
By Helen Reid, Mimosa Spencer and Alexander Marrow LONDON/PARIS/AMSTERDAM (Reuters) -For many companies, business in China has changed for the long term as a fragile economy and sluggish consumer …
Exclusive: Micron to exit server chips business in China after ban, sources say
Micron plans to stop supplying server chips to data centres in China after the business failed to recover from a 2023 government ban on its products in critical Chinese infrastructure, two people …
