US financial markets took a sharp hit on Friday following President Donald Trump’s announcement of sweeping new trade measures against China. The move, which includes a 100% tariff on Chinese imports …
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$6 billion wiped out in one hour as Trump’s 130% tariff on China sparks global crypto meltdown
Global cryptocurrency markets faced a brutal sell-off after former U.S. President Donald Trump announced a 130% tariff on Chinese goods, sending shockwaves through financial markets. In just one hour, …
Trump hits China with retaliatory tariffs in trade war escalation
U.S. President Donald Trump on Friday said he was lifting tariffs on Chinese exports to the U.S. to 100% and imposing export controls on “any and all critical software” in a reprisal to recently …
Trump sends the market tumbling with new threat of Chinese tariffs over its mineral deals
Stocks had been dropping all day after Trump announced a ‘massive increase of Tariffs on Chinese products,’ to counter the country’s new export controls on rare earth minerals …
Stock market today: Dow sinks 700 points, S&P 500, Nasdaq plummet as Trump threatens ‘massive increase’ on China tariffs
Markets have had an uncertain week, pulled in different directions by AI demand hopes and US government shutdown worries.
Trump threatens to impose additional 100% tariff on China
Trump also threatened a “massive” tariff increase, after China tightened its rules for exports of rare earths.
China Bohai Bank Plans Major Asset Disposal to Optimize Structure
The latest update is out from China Bohai Bank Co., Ltd. Class H ( (HK:9668)). China Bohai Bank Co., Ltd. has announced a proposed mandate to optimize its asset structure by disposing of certain …
Stock market today: Dow sinks 500 points, S&P 500, Nasdaq plummet as Trump threatens ‘massive increase’ on China tariffs
Markets have had an uncertain week, pulled in different directions by AI demand hopes and US government shutdown worries.
China Targets Qualcomm, Ships as Xi and Trump Seek Leverage
China slapped new port fees on US ships and started an antitrust investigation into Qualcomm Inc., the latest in a string of tit-for-tat moves as Presidents Xi Jinping and Donald Trump jockey for …
Nvidia AI chips targeted in China customs crackdown- FT
Nvidia’s China-specific chips are made in line with U.S. restrictions on AI chip sales to China. But Beijing balked at these restrictions and had begun encouraging developers to use Chinese chips …
China January bank loans surge to record, credit growth slows
China’s new bank loans leapt to new highs in January boosted by seasonal demand, while broad credit growth slowed, as the central bank walks a tightrope between supporting a recovering economy and …
China to step up supervision of financial activities on internet platforms
China’s banking and insurance regulator on Wednesday said it would strengthen supervision over financial activities by banks and insurers with internet platforms, the latest attempt to rein in China’s …
China issues notice on stepping up financial support for foreign firms
China’s commerce ministry on Thursday issued a notice on stepping up financial support for key foreign companies invested in China, asking local authorities to get a handle on the financing needs of …