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Category China

China Sentences Five Over $166 Million in Illegal USDT Currency Conversions

China Sentences Five Over $166 Million in Illegal USDT Currency Conversions

A Chinese court has jailed five defendants for engaging in illegal USDT transactions, citing the need to protect national financial stability.
Weekly wrap: Trump-Xi truce talks, trillion-dollar milestones, and tech power plays

Weekly wrap: Trump-Xi truce talks, trillion-dollar milestones, and tech power plays

This week was packed with historic milestones and high-stakes moves across business and geopolitics. Trump and Xi finally met after six years to pa...
Wall Street outlook: 5 factors that could shape the week ahead

Wall Street outlook: 5 factors that could shape the week ahead

Wall Street enters a pivotal week where economic uncertainty meets policy ambiguity, creating a minefield of potential catalysts for market directi...
Is Nvidia next? Why is China lifting its ban on certain Nexperia chips

Is Nvidia next? Why is China lifting its ban on certain Nexperia chips

China has taken a significant step toward easing tensions in the global semiconductor supply chain by announcing it will exempt certain Nexperia ch...
Scott Bessent says China’s rare‑earth threat was a strategic blunder

Scott Bessent says China’s rare‑earth threat was a strategic blunder

Scott Bessent, the U.S. Treasury Secretary, said China “made a real mistake” when it tried to use its grip on rare earths as a weapon. Speaking to ...