Trump’s proposed 10% tariff plan would ‘shake up every asset class,’ strategist says
Markets need to begin thinking about the structural impact of Donald Trump’s proposed 10% tariff increase, which “shakes up every…
U.S.-owned container vessel struck by an anti-ship ballistic missile off the coast of Yemen
A U.S.-owned and operated container ship on Monday was struck by an anti-ship ballistic missile from Houthi-controlled areas of Yemen,…
Saudi Arabia nearly doubles estimate for the value of its mineral resources
Saudi Arabia nearly doubled the estimate for the value of its mineral resources and is seeing lucrative deals signed during…
U.S. slams ‘meritless’ Israel genocide suit, reigniting tensions with South Africa
South Africa’s genocide accusation against Israel has placed further strain on an already frayed relationship with the U.S. and could…
Houthi attacks rocking Red Sea trade routes likely won’t end anytime soon. Here’s what could happen next
Drone and missile attacks by Yemen-based Houthi militants have upended shipping through the Red Sea and Suez Canal, a narrow…
China’s economy has a ‘steep hill to climb’ despite positive export surprise, HSBC says
The Chinese economy still has a “steep hill to climb” despite a surprise pickup in exports and is unlikely to…
Top EU officials meet with Xi in China summit with trade in focus
Top EU officials met Chinese President Xi Jinping in Beijing on Thursday for their first in-person summit in four years…
U.S.-China relations are now more about crisis prevention
BEIJING — After another rocky year of U.S.-China tensions, the two countries’ presidents are set to meet this week in…
U.S. tackles loopholes in curbs on AI chip exports to China
The U.S. will take steps to prevent American chipmakers from selling products to China that circumvent government restrictions, a U.S. official said, as part of…
U.S. warned China to expect updated export curbs in October, official says
The Biden administration warned Beijing of its plans to update rules that curb shipments of AI chips and chipmaking tools to China…
