European Union is considering sanctions on Chinese firms for aiding Russia’s war machine
The European Union is looking to sanction Chinese firms that it believes have helped Russia circumvent Western penalties, looking to…
U.S. lawmakers accuse five VC firms of investing $3 billion in Chinese companies linked to military activities
Sequoia Capital China, Qualcomm Ventures and three other venture capital firms plowed at least $3 billion into Chinese tech companies…
U.S. Treasury team heads to China to talk subsidies, economic policies
The Biden administration has sent five senior U.S. Treasury officials to Beijing this week for economic talks that will include China’s “non-market” policies that are adding excess industrial capacity,…
Trafigura assesses Red Sea risks after tanker attacked by Houthis
Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after firefighters put…
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…
