China

On Friday, President Donald Trump said the U.S. is poised to resume negotiations with China as early as Monday or Tuesday over a potential deal involving TikTok's U.S. operations. What Happened: Speaking to reporters on Air Force One, Trump said that the U.S. "pretty much" has a deal in place for...

Tesla Inc. (NASDAQ:TSLA) stock experienced a 0.73% dip in this record-setting week, as a renewed “war of words” between President Donald Trump and Tesla CEO Elon Musk added to existing pressures. What Happened: While the EV giant faces a “shaky” short-term outlook, John...

Alibaba Group Holding Limited (NYSE:BABA) (OTC:BABAF) announced the pricing of HK$12.023 billion ($1.5 billion) in zero-coupon exchangeable bonds due 2032, marking the Chinese e-commerce giant’s latest move to fuel its artificial intelligence and cloud expansion strategy. What Happened: The...

President Donald Trump has announced a trade deal with Vietnam that imposes a 20% tariff on Vietnamese exports to the U.S. and a 40% tariff on goods transshipped through Vietnam, particularly targeting Chinese products rerouted to avoid U.S. tariffs. What Happened: In exchange, Vietnam will grant...

Economist Peter Schiff is calling out President Donald Trump’s newly announced trade deal with Vietnam, warning that American consumers are likely to bear the brunt of the agreement. What Happened: On Thursday, in a post on X, Schiff criticized the deal, saying that it gives Vietnamese...

Despite the economic downturn in China, former IMF Chief Economist Kenneth Rogoff believes the country's push to undermine the U.S. dollar's global dominance remains firmly on track. What Happened: On Wednesday, Rogoff replied “absolutely” when asked about China gaining traction in...

The 14th Dalai Lama has confirmed he will reincarnate, asserting that his non-profit organization will have the exclusive authority to identify his successor. This declaration counters China‘s insistence that it will have the final say in choosing the next Buddhist leader. What Happened:...

As the U.S. faces a critical vulnerability in its supply chain concerning rare earth supply, economist Craig Shapiro asserts that this situation is fixable, and at a surprisingly manageable cost. What Happened: Rare earth magnets are vital for everything from electric vehicles and AI to...

Apple Inc. (NASDAQ:AAPL) has had a bruising start to 2025, with its stock down about 18% year-to-date and underperforming the broader stock market by 22%—its worst half-year stretch since 2013. But as July kicks off, investors may find a surprisingly bullish signal in an unexpected place: the...

Zijin Mining Group (OTCPK: ZIJMF), China's largest gold and copper producer, has announced a definitive agreement to acquire Kazakhstan's Raygorodok Gold Mine for $1.2 billion. The deal, signed on June 29, will see Zijin acquire 100% of RG Gold LLP and RG Processing LLP, Kazakhstan-based entities...

U.S. futures slipped on Tuesday after two days of record-setting advances. Futures of major benchmark indices were trading lower. Nasdaq and S&P 500 scaled new highs on Monday. The Donald Trump administration is reportedly lowering its aspirations for comprehensive reciprocal deals. Instead, it...

The 14th Dalai Lama will address a major three-day gathering of Buddhist religious figures this week ahead of his 90th birthday, as followers await details about his succession in a move that could escalate U.S.-China tensions and impact global market sentiment. What Happened: Beijing views the...

Chinese fintech giant Ant Group disclosed on Monday that it invested a record 23.45 billion yuan ($3.26 billion) in research and development during 2024, marking the fourth consecutive year of increased R&D spending since 2021. What Happened: The Alibaba Group Holding Ltd. (NYSE:BABA) affiliate...

The Donald Trump administration is preparing a set of executive actions to bolster the U.S. artificial intelligence (AI) sector, aiming to outpace China in the global AI race. What Happened: The administration's proposed actions aim to ease power grid constraints and expedite data center...

U.S. futures rose on Friday following Thursday’s rally. Futures of major benchmark indices were trading higher. The U.S. and China have finalized a trade understanding, building on an agreement reached last month in Geneva. U.S. Commerce Secretary Howard Lutnick confirmed the deal with China...