U.S. stocks open mixed, with inflation data due and possibly, some clarity on where the U.S. and China stand on trade.issues.
Tagged By beijing
Nvidia, AMD, Other Chip Stocks Rise on Hopes China Export Restrictions Could Ease
Semiconductor stocks rose Monday as a White House official indicated restrictions on chip exports to China could be lessened through trade talks taking place in London.
U.S. ocean imports from China fall sharply under new tariffs
LOS ANGELES >> U.S. seaborne imports of goods from China dropped 28.5% year-over-year in May, the sharpest decline since the pandemic, as President Donald Trump’s 145% tariffs took hold, supply chain …
Starbucks Cuts Prices in China Amid Sluggish Sales. What We Know.
Starbucks will lower prices for several drinks in China, the company announced on Monday, as it attempts to accelerate sluggish sales in its largest international market. In a post on the Chinese …
China’s NEV exports continue to surge, with 80.9% increase in May
China’s new-energy vehicle (NEV) exports continued to surge in May, as the Chinese NEV industry’s economy of scale further manifested itself, along with an expanding global footprint of Chinese auto …
US ocean container imports tumble in May as China tariffs take hold
U.S. seaborne imports of goods from China dropped 28.5% year-over-year in May, the sharpest decline since the pandemic, as President Donald Trump’s 145% tariffs took hold, supply chain technology …
China’s Chokehold on This Obscure Mineral Threatens the West’s Militaries
China produces the entire world’s supply of samarium, a rare earth metal that the United States and its allies need to rebuild inventories of fighter jets, missiles and other hardware.
South African rand gains with attention on US-China trade talks
The South African rand strengthened on Monday as markets awaited the outcome of U.S.-China trade talks. At 1515 GMT, the rand traded at 17.7125 against the dollar, about 0.2% stronger than Friday’s close and extending…
US-China Trade Talks Start in London to Address Export Curbs
Trade talks between the US and China kicked off in London, with the US signaling a willingness to remove restrictions on some tech exports in exchange for assurances that China is easing limits on rare…
SUI Surges 5% on Triple Volume Breakout Amid Trade Talks Between U.S. and China
The Sui blockchain token is seeing new support levels as as delegations from the U.S. and China meet in London.
Beijing Wraps Up Inaugural ‘Art Season,’ Making Bid to Reclaim Top Spot in China’s Art Economy
With new government support, bigger fairs, and a growing collector base, Beijing is making a major effort to boost its arts economy.
Shein seen boosting Indian manufacturing as U.S.-China trade war shakes up supply chains
Fast fashion giant Shein is reportedly set to boost its manufacturing in India with a view to bolstering its international supply chains amid the ongoing U.S.-China trade war. Shein and Reliance …
US-China trade, inflation, Apple’s big event: Here’s what the stock market is watching this week
In addition to inflation and US-China trade, a key bond auction is on investors’ radar. A $22 billion sale of 30-year bonds is scheduled for Thursday.
