News with the tag "CHINA"

Bitcoin held firm above the six-figure mark this week, supported by a cautiously optimistic market, though momentum stalled by week’s end as new catalysts failed to emerge. Broader market growth continued, with the total crypto market cap rising 2.4% to $3.42 trillion by Friday. Sentiment cooled onl...

The S&P 500 rose 0.7% Friday, closing out a strong week as investors looked past weak consumer sentiment data and persistent inflation concerns. The index posted a 5% gain for the week, its best since November 2023, as tech stocks and easing trade tensions fueled optimism. The Nasdaq Composite added...

The UK now holds $779.3 billion in US Treasurys, pushing past China’s $759.0 billion and taking second place among foreign holders of American government debt, according to the March update from the US Department of the Treasury’s Major Foreign Holders of Treasury Securities table released on Friday...

Even if your primary focus is the dynamic world of cryptocurrencies, paying attention to major shifts in traditional markets is crucial. Why? Because macro-economic events, like significant developments in US China trade relations, often ripple across all asset classes, influencing investor sentimen...

Economic shifts between global powerhouses like the US and China always send ripples across financial markets. For those tracking the volatile world of cryptocurrency, understanding these macro movements is crucial. Recent news regarding temporary US China tariffs reductions could signal a shift wor...

The Dow Jones Industrial Average soared more than 1,000 points, while the S&P 500 and Nasdaq opened higher amid a massive market reaction to news of a trade deal between the United States and China. Global stocks, having fluctuated heavily in the wake of the tariffs uncertainty, rose as the latest s...

The nation of Saudi Arabia is reportedly forgoing formal membership in the intercontinental economic alliance BRICS as a means of avoiding antagonizing the US. According to a new report by Reuters, two anonymous sources familiar with the matter say that Saudi Arabia – which was invited to BRICS in 2...

For investors navigating the complex landscape of global technology and finance, especially concerning areas like Chinese AI development and cross-border funding, a recent development has captured significant attention. The US government is reportedly scrutinizing a major Benchmark investment in a r...

Bitcoin managed to reclaim $100,000 for the first time since February this week as economic tensions in the US eased. The broader crypto market responded in kind, with total market capitalisation rising over 8% to approximately $3.37 trillion by Friday. Sentiment indicators reflected the rally, as t...

Russia and China have nearly eliminated the U.S. dollar from their bilateral trade, conducting transactions in rubles and yuan as de-dollarization reshapes global economic power structures. Almost All Russian-Chinese Foreign Trade Operations Now in Rubles and Yuan Following a high-level meeting with...