The ongoing trade war between the United States and China has entered a new phase, with the U.S. Commerce Department proposing significant restrictions on Chinese-made software and hardware in connected vehicles. This move, primarily motivated by national security concerns, could… Read More ›
The U.S.-China trade war has escalated further, this time targeting the growing automotive sector. The Biden administration is preparing to propose a significant ban on Chinese software and hardware in connected and autonomous vehicles on American roads, citing national security… Read More ›
The ongoing trade tussle between the European Union (EU) and China over electric vehicles (EVs) has reached a critical juncture, as both sides agreed to enhance efforts to prevent the imposition of significant import tariffs on Chinese-made EVs. The discussions,… Read More ›
China’s unexpected decision to keep its benchmark lending rates unchanged during the monthly fixing on Friday has left market analysts puzzled, particularly after the Federal Reserve’s recent 50-basis-point interest rate cut. This decision contradicts widespread expectations that China would adjust… Read More ›
China announced new sanctions on nine U.S. military-linked companies on Wednesday, escalating tensions with the United States over arms sales to Taiwan. The sanctions, which freeze the assets of the companies within China, come as part of Beijing’s ongoing efforts… Read More ›
As the U.S. presidential election draws nearer, the cryptocurrency industry is contemplating how political outcomes might shape the future of digital assets. However, many insiders suggest that the election’s impact on the global crypto market, particularly in places like Singapore,… Read More ›
The European Union is moving towards a key vote on September 25 that could see the introduction of significant tariffs on electric vehicles (EVs) imported from China. According to Bloomberg News, the European Commission is planning to propose tariffs of… Read More ›
As the U.S. Federal Reserve approaches its September 17-18 meeting, anticipation is growing in global financial markets. Investors are increasingly betting that the Fed might deliver a larger-than-expected interest rate cut in an effort to counter a slowdown in the… Read More ›
The US-China relationship has undergone significant transformations, especially during Donald Trump’s presidency, which saw an intense escalation of trade tensions. Under Trump, the US waged a trade war with China, marked by tariffs and a strategy aimed at reducing America’s… Read More ›
Expectations for a strong second-quarter sales growth at Inditex, the owner of Zara, have been dampened by unseasonably wet and cold weather in its largest market, Spain, according to analysts and investors. While Inditex managed to post better-than-expected growth earlier… Read More ›
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