A busy night in global affairs saw Beijing sharpen its rhetoric ahead of hosting world leaders, Nvidia forced to pause a key chip rollout under Chinese scrutiny, and Elon Musk making an unlikely …
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Trump tariffs live updates: Trump says US to tariff furniture imports following investigation
President Trump said that the US is investigating furniture imports and will impose a tariff on the products once the probe is complete. “Furniture coming from other Countries into the United States …
Crypto Biz: Bitcoin miners face tariff hit, blockchain courts Wall Street
US Bitcoin miners face $100 million-plus in tariff charges, Trump-linked firm dodges duties, Polkadot eyes Wall Street, SharpLink buys $667M ETH, China weighs stablecoin.
China’s stock market woes fuel high savings rate, hinder economic growth
At the heart of why consumers in China save so much and spend so little, and why Xi Jinping and Donald Trump will struggle to change that behavior even if they want to, lies the…
How Nvidia’s chips became central to the U.S.-China trade war
When Nvidia CEO Jensen Huang revealed Friday that the company is working with the Trump administration on a new computer chip designed for sale to China, it marked the latest chapter in a long-running …
Vietnam island building in Spratlys may soon surpass China’s, report says
Vietnam has significantly expanded island-building work in areas it claims in the Spratly Islands chain of the disputed South China Sea and will match and likely surpass the scale of such activity …
Nvidia in ‘dialogue’ with US government on next-gen chip sales to China
Nvidia CEO Jensen Huang said Friday that the company is “in dialogue” with the U.S. government about selling next-generation artificial intelligence (AI) chips to China. “Offering a new …
China reports 1st COVID-19 deaths in weeks – ABC News
China is reporting its first deaths linked to COVID-19 in weeks as cases surge amid the country lifting many of its so-called “zero COVID” policies. The deaths, which were reported on Monday by …
UK Delays Chinese Embassy Ruling After Beijing Withholds Detail
China’s plans to build a new embassy on the site of a two-century-old building near the Tower of London have stalled for the past three years because of opposition from local residents, lawmakers, and …
Nvidia halts H20 chip production as China clamps down on orders, citing alleged security risks
Nvidia shares slipped 1.1% in early trading as Wall Street digested the latest blow to its China business, which pulled in $17 billion last year.
China’s Country Garden forecasts bigger loss after deliveries slump
Embattled Chinese property developer Country Garden on Friday warned of a bigger loss for the first half of fiscal 2025, after deliveries of housing projects halved from 2024 and asset impairments …
China’s Country Garden expects bigger first-half loss on higher impairments
Embattled Chinese property developer Country Garden on Friday forecast a bigger loss for the first half of fiscal 2025, citing higher asset impairments and reduced scale of real estate project …
The U.S.-China trade war is now a game of rerouting and risk
Some U.S. scrap sellers are routing copper bound for China through Canada, Mexico and Vietnam to sidestep a 10% import duty, people familiar with the trade said. The use of third-country stops shows …
