Major cryptocurrencies are seeing a green start to the week, buoyed by improving macro sentiment as markets await today’s FOMC decision and ongoing U.S.-China trade developments.
BUSINESS
Another Chinese Firm Eyeing Second IPO In Hong Kong To Attract Global Investors
This snack maker joins a growing list of Chinese firms seeking a second listing in Hong Kong to attract global investors.
Trump Pushes Critical Mineral Dependence Probes On China Export Restrictions
The Trump administration initiated a Section 232 investigation into imports of processed critical minerals and their derivate products.
Flynas IPO: ‘Exceptionally strong’ interest from investors despite global market volatility, CEO says
Saudi Arabia’s Flynas is receiving “exceptionally strong” interest from regional and global investors for its initial public offering, despite volatility in global markets, the airline’s chief has …
China rolls out more stimulus and agrees to trade talks with the US as tariffs hit economy
China has rolled out a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump’s trade war
Ant Group Reportedly Considers Hong Kong IPO for Its International Division
Ant Group, the fintech affiliated with Alibaba Group Holding (NYSE: BABA), is reportedly weighing a significant move to list its international arm.
Whales boost XRP exposure by 1.2% as Fed decision and US-China talks loom
XRP holds key support at $2.10 as whales accumulate more tokens and global markets brace for the Fed’s interest rate decision and US-China trade talks.
China Halts Imports of US Oil in Negative Sign for Shale Drillers
China halted purchases of US crude in March as trade tensions between the two countries ramped up, casting a shadow over demand for oil produced from American shale formations.
Trump’s trade demands go beyond tariffs to target perceived unfair practices
Yet President Donald Trump’s definition of trade barriers includes a slew of issues well beyond the tariffs other countries impose on the U.S., including some areas not normally associated with trade disputes.
Tesla’s China-made EV sales fall 6% y/y in April as woes deepen
Tesla’s China-made electric vehicle sales fell 6% in April from a year earlier, extending declines for a seventh month, as the U.S. automaker grapples with intense competition from its Chinese rivals …
AMD forecasts US$1.5 billion revenue hit from US curbs on China chip exports
Advanced Micro Devices on Tuesday (May 6) forecast a US$1.5 billion hit to revenue this year due to new US curbs on chips, which require the company to obtain a licence to ship advanced …
Rocky Brands Could Be A Trade War Winner
Rocky Brands has a unique global supply chain to produce shoes/boots. Click here to read more about RCKY stock and why it is a Buy.
BMW earnings drop on China slump as tariffs cloud outlook
BMW AG’s earnings plunged 23% in the first quarter as intense competition in China pushed sales in its biggest single market to a five-year low. Earnings before interest and tax came in at €3.14 …
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