Russia has started employing cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) to manage a growing segment of its oil transactions with China and India, sidestepping Western …
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Shein Stays Committed to IPO While Weathering Tariff Storm
Shein’s executive chairman said he remains committed to plans to take the fast-fashion retailer public despite being in the crosshairs of President Donald Trump’s campaign to rebalance global trade.
Russia using cryptocurrency in oil trade with China, India to bypass sanctions, Reuters reports
The cryptocurrency scheme currently represents a small fraction of Russia’s $192 billion annual oil trade, according to the International Energy Agency, but its usage is reportedly increasing.
Russia Is Using Bitcoin and Crypto For Its Oil Trades with China and India
Russia is turning to bitcoin and crypto to facilitate oil trades with China and India, circumventing sanctions imposed on Ukraine.
Tesla reportedly producing cheaper Model Y to boost sluggish sales in China
Tesla has plans to produce a low-cost version of its best-selling Model Y to boost sluggish sales in China, according to a report. The car will cost at least 20% less to produce than the…
Hong Kong fintech sector sees 250% blockchain growth since 2022
Hong Kong’s fintech sector reports a 250% rise in blockchain firms and a projected $606 billion market by 2032, fueled by Web3 and AI advancements.
China’s CATL sees slowest profit growth in six years
CATL reported 15% growth in 2024 net profit, the slowest pace in six years, as a prolonged price war in China’s electric vehicle market put pressure on the Chinese EV battery giant.
China should not prioritise low prices in drug procurement plan, European lobby group says
A European business lobby group urged China to take steps not to prioritise low prices over product safety in the country’s centralised drug procurement programme.
No, China didn’t ‘cancel’ US beef amid tariffs tit-for-tat
China raised tariffs on beef imported from the U.S. in March 2025 after the Trump administration raised tariffs on all imports from China.
China Backs Iran in Nuclear Talks, Slams ‘Threat of Force’ From the West
Beijing sought to position itself as a key player in negotiations with Iran over its nuclear program, as President Trump called for talks with Tehran.
OpenAI slams DeepSeek, warning the US government that China is catching up fast
In a letter to the US government, OpenAI also outlined policy recommendations to secure America’s lead in AI.
The Mystery Chinese Crypto Boss Paying Elon Musk a Fortune for Space Mission
A China-born cryptocurrency billionaire with six passports is under scrutiny after paying Elon Musk’s SpaceX for a mission to space
China Condemns Panama Canal Deal, Asserting a Right to Influence the Region
The Hong Kong conglomerate CK Hutchison’s planned sale of ports in Panama to a group led by BlackRock, the American finance giant, is under fire from Beijing.
