Illumina stock slid on Tuesday after China banned imports of the biotech’s gene sequencing machines as part of a broader retaliatory response to U.S. tariffs. Shares of Illumina slipped 3.6% to $81.16 as President Donald…
Tagged By beijing
Cotton Prices Fall to Four-Year Low After China Hits U.S. Exports With Tariffs
Prices for cotton—one of the commodities targeted by 15% retaliatory tariffs China has set for next week—shed another 3% in morning trading and haven’t been so low since the summer of 2020. The U
Crypto officially enters bear market after losing $1 trillion since December
According to The Kobeissi Letter, crypto markets have now lost $1 trillion in market cap since Dec. 18, marking a 26% decline from all-time highs. Treasury Secretary Scott Bessent hinted at possible …
Crypto Market Nears ‘Extreme Fear’ as Bitcoin Drops Below $84K in $500B Sell-Off
The crypto market hit hard as Bitcoin drops below $84K in a $500B sell-off, driven by CME futures gap corrections and global trade tensions.
Brace Yourself: Everyday Items That Will Cost More Due to New Tariffs on China, Mexico, and Canada
Americans will be paying more for everything from avocados to smartphones. These tariffs, which place higher taxes on goods brought into the U.S., are driving up costs for businesses—and those costs …
Factbox-China Imposes New Curbs on U.S. Firms as Trade Row Grows
Headquartered in Virginia, Leidos develops hypersonic weapons. In December, the U.S. Air Force awarded the aerospace firm a $987 million contract for F-16 fighter jet support to the Taiwanese military …
Shenzhen to expand AI terminal industry
CHINA’s southern tech hub of Shenzhen on Monday published an action plan to expand the city’s artificial intelligence (AI) terminal industry to a scale of 1 trillion yuan (about $139.38 billion) by …
Mixue, China’s bubble tea giant, makes a strong IPO debut with 47% stock jump
Mixue, popular for its low-cost drinks and Snow King mascot, generated $444 million by offering 17 million shares at HK$202.5 each.
China, Russia Target Disgruntled Americans Fired by DOGE: Report
Foreign nations are reported to be scouring social media platforms and are targeting fired federal employees for recruitment.
Watch: Humanoid ‘Cop’ Robots Patrol Chinese Streets, Interact With Public
Humanoid robots, wearing high-visibility police vests, patrolling the streets have been spotted in the Chinese provinces of Shenzhen and Guangdong, according to a report in South China Morning Post.
China retaliates against US tariffs – but it also wants to talk
“China’s tariffs impact a limited number of US products, and remain below the 20% level. This is by design. China’s government is signalling that they do not want to escalate, they want to de-escalate,” according…
China hits US soybean firms, halts lumber imports as it steps up retaliation against Trump tariffs
China suspended on Tuesday the soybean import licenses of three U.S. firms and halted imports of U.S. lumber, stepping up retaliatory action after the United States imposed additional tariffs on Chinese goods.
Ethereum Hits Over One-Year Low As Trump’s Tariff War Roils Crypto Markets – Retail Feeling Skittish
Ethereum (ETH) dropped to its lowest level in over a year during U.S. pre-market hours, falling below $2,100 as U.S. tariffs on China, Mexico, and Canada took effect at midnight on Tuesday. The last …
