Wall Street rallies on softer-than-feared Trump trade policies
The Dow surged 244 points as President Trump’s softer tariff approach reassured investors, with major indices rising on tempered fears over potential trade conflicts....
Tag : China
China industrial profits fall 4.7 percent in first eleven months of 2024
China’s industrial profits fell 4.7 percent in the first eleven months of 2024, according to the National Bureau of Statistics, highlighting ongoing economic challenges....
Russia embraces cryptocurrencies to counter sanctions and grow trade
Russia legalizes Bitcoin for foreign trade, with Finance Minister Anton Siluanov confirming its role in bypassing sanctions and developing decentralized financial systems for global transactions....
US launches investigation into China’s semiconductor industry practices
The US launched a probe into China’s semiconductor industry over alleged anti-competitive practices, raising concerns about trade policies and supply chain vulnerabilities....
IEA report urges stronger policy support for low-emissions hydrogen demand
A new IEA report highlights growing investment in low-emissions hydrogen projects but stresses the need for stronger policies to boost demand in key sectors such...
Russia ramps up daily gold buying by 700% starting September 6
Russia has increased its daily gold purchases by 700%, allocating 8.2 billion rubles per day from September 6 to October 4, according to the country’s...
China’s economy struggles as manufacturing and property sectors slump
China’s economy is under severe strain as manufacturing and property sectors struggle, raising doubts about the government’s growth target for 2024....
Typhoon Gaemi wreaks havoc in China’s Fujian province
Over 766,000 residents impacted, 312,700 evacuated as Typhoon Gaemi devastates Fujian, causing significant economic losses....
China’s cooking oil scandal leads to surge in sales of home oil presses
Amid a cooking oil safety scandal, sales of home oil presses in China have dramatically increased, reflecting public concern....
Stockpiles grow as China’s oil imports continue to decline
China ramps up oil reserves, facing a drop in imports and refinery activity, reflecting broader sector challenges....