Apple and Alibaba’s rollout of artificial intelligence services in China is being delayed by a Beijing regulator, the Financial Times reported on Wednesday, as the partnership becomes the latest to …
FINANCE
Trump Torpedoes China Deal Hopes at 2AM–Rare Earths May Be the Real Fallout
Markets shrug off late-night blast, but investors should watch what’s happening beneath the surface: critical minerals and supply chains.
Markets shrug off doubled U.S. steel tariffs and Trump complaints of Xi being ‘hard to make a deal with’
I like President Xi of China…but he is very tough, and extremely hard to make a deal with!” Trump wrote on Truth Social.
TVB actor Peter Pang sings at China’s nightclub despite cancer to address financial struggles
Hong Kong actor Peter Pang shared that he took a singing gig at a nightclub in China to address his ongoing financial struggles, which have been exacerbated by his cancer treatment.
China has a ‘choice’ on whether to be a reliable partner: US Treasury Secretary Bessent
He said China needs to shift to a more consumption-led economy to help ease global imbalances. Read more at straitstimes.com. Read more at straitstimes.com.
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 …
China Bond Futures Trade Dwindles as Market Awaits Xi-Trump Call
Transactions in China’s long-term sovereign bond futures are cooling as traders hold off making bets in the market given continued tariff disputes with the US.
Bessent says China has a ‘choice’ on whether or not to be a reliable partner
He reiterated China needs to shift to a more consumption-led economy to help ease global imbalances. Read more at straitstimes.com. Read more at straitstimes.com.
Apple Can’t Leave China, With or Without Tariffs
During President Donald Trump’s first term, he famously toured a Texas factory and claimed credit for bringing Apple Inc. production back to America. Except the plant had been running long before he …
Rising Stocks And Contracting Economies – Foreboding Financial Setup
China’s Caixin purchasing managers’ index unexpectedly fell in May to 48.3 (sub-50 signals contraction) as US tariffs took a toll on smaller exporters. Click to read.
China can choose to be ‘a reliable partner’ or not: Bessent
The US treasury secretary said the way for China to bolster its economy “is through a level of fiscal stimulus and to stop over-manufacturing”.
Wall Street drifts as financial markets worldwide hold relatively steady
U.S. stocks are drifting, and financial markets worldwide are holding relatively steady as the wait continues for more updates on President Donald Trump’s tariffs and how much they’re affecting the …
Trump trade war has caused these 3 consumer companies to aggressively rethink China
They are picking up the nuts and bolts from their legacy China operations and moving to relatively smooth trade partners such as India and Thailand. The goal: Protect profits and protect the stock …
