In January, just six weeks after the Justice Department announced a raft of fraud charges against Sam Bankman-Fried, founder and CEO of crypto exchange FTX, Sen. Ted Cruz introduced a resolution …
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China becoming bigger threat to US as military strengthens
The U.S. relationship with China is difficult as military spending ramps up. Joe Lieberman and Gatestone Institute Senior Fellow Gordon Chang on rising tensions.
Pressure Grows on Another Crypto Giant
Binance, the world’s biggest cryptocurrency exchange, faces a fresh wave of scrutiny from regulators and lawmakers.
Crypto giant Tether faked key documents to set up bank accounts – and terrorists then used one of them to launder money, report says
Tether is a key player in crypto because it is the issuer of a dollar-pegged stablecoin with a $71 billion valuation.
The Chip War With China Escalates
Meanwhile, both Japan and the Netherlands have agreed to join the United States to limit chip exports as well as the sale of chip-making equipment to China. The decision by the Netherlands is …
SoftBank-Backed CloudMinds Is Said to Weigh $500 Million HK IPO
Artificial intelligence-powered robot developer CloudMinds Inc. is considering a Hong Kong initial public offering that could raise as much as $500 million, according to people familiar with the …
China sets lowest GDP growth target in decades as Beijing tightens its belt
China’s outgoing Premier Li Keqiang has announced the country’s lowest GDP growth target in decades, highlighting the domestic and global challenges the world’s second largest economy still faces …
The Commodities Feed: China’s 2023 growth target underwhelms markets
The commodity complex came under pressure this morning as China set a modest economic growth target of 5% for the year with no announcement of any …
China Jan-Feb trade likely contracted again as global economy slowed – Reuters poll
China likely again exported and imported less in January-February than a year earlier, backing policymakers’ fears that a slowing global economy could drag on growth at home, a Reuters poll showed on …
China’s economy could easily defy the naysayers this year
In a repetition of 2021, when the economy boomed in the wake of the 2020 Covid-19 crisis, China could surprise on the upside this year after the lifting of zero-Covid restrictions If growth hits 6…
Russia prefers to sell its cheap oil exports to India over China – here’s why their closer relationship will run and run, a top analyst explains
“The interaction between these two countries will be much longer than the naysayers might assume, because there’s a mutual interest in having it longer,” Kpler analyst Viktor Katona told Insider.
China urges US to cease unreasonable suppression of Chinese enterprises
China firmly opposes the US move to generalize national security and abuse export controls, and urges the US to cease its unreasonable suppression of Chinese enterprises, a spokesperson for the Ministry of Commerce said on…
China leans on coal amid energy security push
China’s state planner underlined a greater role for coal in its power supply on Sunday, saying the fossil fuel would be used to improve the reliability and security of its energy system.