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SINO U.S. TARIFF TENSIONS
Yen nears 40-year low, dollar gains as peace talks in doubtThe US dollar is flexing its muscles against the Japanese yen, much to the attention of market traders. The potential for a US-Iran peace a...
US fertilizer imports from Hormuz-affected ports fell to zero in May, data showThis disruption, stemming from the Iran conflict, has caused fertilizer prices to soar, intensifying strains on American farmers and raisin...
US launches trade investigation into Germany over drug pricingAmerica has started a trade probe into Germany's plan to cut pharmaceutical spending. U.S. Trade Representative Jamieson Greer stated the i...
Vance says 12.5 million barrels oil moved as Iran deal enters 60-day phaseOil flow through the Strait of Hormuz reached its highest level since late February. US Vice President JD Vance stated a US-Iran agreement ...
Chinese regulators clear Paramount Skydance-Warner Bros Discovery merger, source saysChinese regulators have approved the $110 billion merger between Paramount Skydance and Warner Bros Discovery, following similar antitrust ...
Gold falls 1% after Fed holds rates steady, signals rate hike this yearGold prices fell significantly on Wednesday. The U.S. Federal Reserve kept interest rates unchanged but indicated a possible increase later...
China to support IPOs by 'future industry' startups, large model companiesThe announcements came after China's top securities regulator vowed to "actively embrace" a new phase of technological revolution and indus...
US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources sayDeepSeek, CXMT and other companies were approved by an interagency committee last year for addition to the Commerce Department's Entity Lis...
U.S. held back blacklisting DeepSeek, over 100 Chinese firms despite security concerns, sources sayAmerica has delayed adding over 100 Chinese firms, including AI startup DeepSeek and chipmaker CXMT, to a trade blacklist. These companies ...
China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
Global drugmakers rush to boost US presence as tariff threat loomsGlobal drug companies are boosting U.S. production and stockpiling medicines. This is a response to potential tariffs on branded drugs. Com...
Iran's World Cup experience is less joyful amid war with host US, team captain says before debutIran's World Cup journey is proving difficult. Captain Mehdi Taremi highlights disruptions caused by the ongoing war with co-host United St...
Trump names James McDonald as US attorney for ManhattanDonald Trump said he will appoint James McDonald, who previously served as an assistant U.S. attorney and CFTC enforcement chief.
Trump’s 10% global tariffs stay in force after appeals court extends pause on trade court decisionA US appeals court has kept a 10% global tariff in place for three importers. This decision follows a lower court ruling that had granted t...
Why the G7 is worried about global economic imbalancesIn a pivotal discussion at the G7 summit, France is highlighting urgent concerns about the global economic landscape. China's robust export...
Iran-U.S. War: America launches second round of strikes, Tehran hits back at gulf states Bahrain, Kuwait, JordanDonald Trump has urged Iran to sign a deal to end the war and suggested earlier this week that an agreement could be reached in days.
Dollar shaky as investors weigh rate outlook, Middle East worriesU.S. dollar weakened amid new Middle East strikes and rising consumer inflation, causing investor unease about the Federal Reserve's policy...
Gold slides 3% as Middle East escalation fuels inflation, rate-hike concernsGold prices dropped over 3% as escalating U.S.-Iran tensions fueled inflation and interest rate hike fears. Investors awaited key U.S. data...
Why are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? US attack, Iran tensions, inflation fears and market reaction explainedWhy are oil prices up, while gold, silver prices down today along with upcoming US stock market futures crash? Global markets moved in diff...
US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payoutsA government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...