Higher business uncertainty in the U.S. is also pushing gold prices up,” according to Apollo chief economist Torsten Slok.
Tagged By banking
Foreign financial firms upbeat on China’s stock market
Foreign financial institutions are increasingly upbeat on China’s stock market amid the nation’s notable advancements in high-tech fields including artificial intelligence (AI) and robotics, and …
China-UK spying row deepens as two MPs urge Starmer to block Beijing’s mega embassy in London
Two senior Conservative MPs who allege they were targeted by two Chinese spies have requested Prime Minister Sir Keir Starmer to block Beijing’s plans for a “mega” embassy in London and “protect” the …
Rare-earths mining is having a crypto moment
Cliffs is operating in the mode of Big Tech and US manufacturers, fashioning their businesses as an instrument of American competition and sovereignty.
Soybean farmers twisting in the wind during US-China talks
China has been a big importer of U.S. soybeans, but purchases have now ground to zero as Beijing works to exert leverage against Washington.
Analysis-US-Australia rare earths deal is a start but won’t shake China dominance any time soon
Donald Trump’s backing of Australia’s critical minerals will bring much-needed financial support to the industry, but experts say the U.S. president will have to wait longer to shift the supply chain …
Trump Increases Pressure On China For Pro-Iranian Energy Moves
President Trump has intensified U.S. pressure on China for its ongoing energy and financial support of Iran and Russia.
Beijing Channels $36 Billion Through Policy Banks to Spark Growth
China’s top policy banks have funneled nearly 300 billion yuan ($36 billion) into strategic investment projects over the past two weeks, a rapid rollout of a 500-billion-yuan government-backed …
China accuses US National Security Agency of cyberattacks on national time center
China has accused the U.S. National Security Agency of carrying out cyberattacks, saying that it could have led to damages of its national time center.
China Accuses US of Major Cyberattack: What to Know
China’s Ministry of State Security accused the NSA of “long-term, highly covert, and employed state-level cyberespionage.” …
X Financial: The Most Likely Path Forward Is Still Pointing Higher
Earnings growth surged in recent quarters, but coming quarters are likely to show reduced earnings with the need to temper loan volume. XYF can still trade higher despite the recent pick-up in …
Australia Courts US Backing To Break China’s Grip On Critical Minerals
Australia is pitching itself as a solution to the U.S. critical metal problems. The West has struggled to break China’s grip on the 50-odd “critical minerals” that are vital for electronics, …
Amazon Web Services outage sparks global issues, Trump lists China demands
A massive Amazon Web Services (AMZN) outage has sparked issues on websites across the globe. Impacted sites include Coinbase (COIN), Robinhood (HOOD), and Roblox (RBLX). AWS services have started to …
