Former Commerce Secretary Wilbur Ross said Elon Musk’s Department of Government Efficiency — the cost-slashing body known as DOGE — should train its sights on the World Bank after it was accused of …
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Nvidia stock extends losses after report of potential additional curbs on China sales
Nvidia (NVDA) stock sank 6% Wednesday after Bloomberg reported that Trump administration officials are “exploring additional curbs” on Nvidia’s chip sales to China. Bloomberg’s report added that the …
OpenAI says it has evidence China’s DeepSeek used its model to train competitor
OpenAI says it has found evidence that Chinese artificial intelligence start-up DeepSeek used the US company’s proprietary models to train its own open-source competitor, as concerns grow over a …
China’s DeepSeek rocks Wall Street with cost-efficient AI model
Chinese startup DeepSeek has shaken financial markets by presenting a new artificial intelligence (AI) model. The company from China unexpectedly caused a drop in stocks of Silicon Valley tech …
Exclusive: Deutsche Bank talks on China JV end over disagreement on control, sources say
Talks between Deutsche Bank , its asset management arm DWS and Chinese lender Postal Savings Bank of China (PSBC) over a joint venture in China have collapsed after the German firm resisted Beijing’s …
GM reports 2025 pretax profit of $14.9 billion; takes $4 billion charge on China struggles
GM finally made EVs “variable profit positive,” meaning the EVs revenue cover the costs to make them. Here are the goals for 2025.
Investors who sleep on China may wake up too late
Many investment banks have suggested waiting to allocate to China until the tariff picture clears up. This line of thinking is reasonable, but when the ‘all clear’ sign finally does arrive, it could …
Why market panic over China’s DeepSeek is ‘overblown,’ analysts say
China’s AI startup DeepSeek triggered a tech sell-off today as investors panicked over fears of a cheaper open-source model.
What Is DeepSeek, the Chinese AI Company Upending the Stock Market?
A frenzy over an artificial intelligence chatbot made by Chinese tech startup DeepSeek was upending stock markets Monday and fueling debates over the economic and geopolitical competition between the U.
China’s DeepSeek AI Triggers Selling Pressure in Grain Futures. What Will It Take for Prices to Climb Again?
Grain futures markets were facing selling pressure Monday morning as a risk-off mentality took hold in the general marketplace. The U.S. stock market sold off sharply following the surprise weekend …
Why China’s supply chains face threats beyond Trump tariffs
China has reoriented its supply chains to reduce dependence on the US, but the Trump administration has more plans to get what it wants US President Donald Trump and tariffs go hand in glove. On…
Explainer-What is DeepSeek and why is it disrupting the AI sector?
Chinese startup DeepSeek’s launch of its latest AI models, which it says are on a par or better than industry-leading models in the United States at a fraction of the cost, is threatening to upset…
China central bank conducts 1.7 trln yuan of outright reverse repos in Jan
China’s central bank said on Monday it conducted 1.7 trillion yuan of outright reverse repurchase agreements in January. The People’s Bank of China (PBOC) said the repo operations aimed to “keep …
