US Ready To Impose New Tariffs On China’s EV, Solar Sectors: ‘Could Cause More Severe Damage’ Than Last Trade War
Biden to announce changes to US tariff policy on Chinese goods next week, targeting strategic sectors like EVs and solar cells.
Asia And Europe Markets Advance; Gold Inches Toward $2,400 Again – Global Markets Today While US Slept
On Thursday, May 9, U.S. stock markets closed higher. The Dow Jones Industrial Average rose for the seventh…
‘Not Your Mother-In-Law:’ PR Head Of ‘China’s Google’ Reportedly Loses Her Job After Endorsing Brutal ‘996’ Work Culture
She discussed keeping her phone on 24/7 and cautioned her subordinates to adhere to the same practice.
China’s Top Chipmaker SMIC Sees Profit Margin Plummet To 15-Year Low Amid US Export Controls
China's Semiconductor Manufacturing International Corp has reported a significant drop in its profit margin, reaching its lowest level since 2009. The company expects further decline as it expands its capacity to meet the growing demand from Huawei Technologies Co. and other clients.
Trump’s China Tariff Hikes Could Smother US Economic Growth: Fitch Ratings Sounds Alarm
Fitch Ratings warns of economic fallout from Trump's proposed trade tariffs if he wins 2020 election. US GDP could decline by 0.4-1.1%, and inflation may decrease in long term. US trading partners could see even greater declines, with China, Canada, and Mexico at risk. Trade imbalance blamed on savings and investment disparity, not tariffs.
The Dragon Awakens: KraneShares CIO Names 5 Reasons To Invest In China’s Stock Market Rebound
China's stock market has rebounded impressively in 2024, thanks to government support, changing sentiments of global investors, policy reforms, and economic recovery.
Nippon Steel’s Chair Hopes For ‘Calmer Discussion’ After 2024 Election As $14.9B US Steel Deal Faces Political Resistance
The company reassured that the merger would not lead to job losses or plant shutdowns.
Chinese EV Startup Nio’s Stock Jumps Premarket Amid Weak Stock Futures: What’s Going On?
The premium EV manufacturer confirmed on Thursday that its subsidiary brand "ONVO" will make its global debut on May 15.
Asia And European Markets Mixed; Crude Oil Hovers Around $80 – Global Markets Today While US Slept
Asian markets fluctuated today with Japan's Nikkei falling and China's Shanghai Composite gaining, while commodities saw mixed movements in trading.
Chinese Stocks Surge As Investors Bet On Economic Turnaround: 7 ETFs To Watch
Chinese stocks have rallied 19% from 2024 lows, fueled by economic recovery & improved private sector activity. Overestimation of recovery is a risk.