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.
Tagged By beijing
EU spokesperson says China is key enabler of Russia’s war in Ukraine
A European Commission spokesperson said on Wednesday that China continues to be the key enabler of Russia’s war in Ukraine and that without China’s support, Russia would not be able to wage the war to…
Brother of American Detained in China Tells US: ‘Don’t Just Talk About It’
The families of two Americans detained in China are urging the U.S. government to secure their loved-ones’ release
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 …
Major Gulf bourses mixed on earnings, US-China talks, Fed policy in focus
Major stock markets in the Gulf were mixed in early trade on Wednesday following a string of lacklustre corporate earnings, while focus was also on U.S.-China trade negotiations and the Federal Reserve’s policy decision.
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.
Vietnam’s shipments from China, to US reach record high amid trade fraud crackdown
Vietnam’s imports from China and exports to the United States both reached a post-pandemic record in April, amid talks with Washington to reduce Hanoi’s trade surplus and a crackdown on Chinese goods …
China’s wait-and-see approach exposes policy limit
China is biding its time ahead of planned trade talks with the United States. On Wednesday, the country’s top three regulators announced a raft of new measures but held off on major spending. The …
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 …
India vs. Pakistan Is Also U.S. vs. China When It Comes to Arms Sales
Increasing Western military support to India, and China’s to Pakistan, signals a shift in global alignments — and another potential flashpoint for international tensions.
