Currency markets jittery as traders assess DeepSeek, tariff concerns
The Japanese yen gave up some of the safe-haven driven gains on Tuesday as investors grappled with the potential implications of a Chinese startup's free open-source artificial intelligence model, ...
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Local to-do lists underscore China's economic vitality
Guangdong, a manufacturing hub in south China, has announced a growth target of around 5 percent for 2025. In the past year, ...
Scott Bessent wins Senate confirmation to become Treasury secretary
The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to become the next Treasury secretary and enact the ...
Chinese tech startup DeepSeek says it was hit with ‘large-scale malicious attacks’
Chinese tech startup DeepSeek said it was hit by a cyber attack on Monday that disrupted users’ ability to register on the ...
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Technology Stocks Upended by China’s DeepSeek
Monday closed down -1.46%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.65%, and the Nasdaq 100 Index ($IUXX) ...
Is China’s Economy Entering ‘Historical Garbage Time’? Part 1
China is suffering from deflation, devaluation, capital flight and the loss of foreign investment — all at the same time.
Ex-hedge fund manager Scott Bessent confirmed as Trump’s Treasury secretary
Hedge fund manager Scott Bessent — who has vowed to crack down on off-the-rails federal spending and help avert a “crushing ...
What are tariffs and how do they work?
Tariffs are in the news at the moment. But what are they? Tariffs are typically charged as a percentage of the price a buyer ...
Bond bulls put Beijing on the horns of a dilemma
Robust demand for China’s government bonds is helping Beijing to raise funds inexpensively to support growth in its fragile ...
DeepSeek poses grave risk to US economy — unless we unleash American exceptionalism
Unless American business and policy makers are ready to unleash the full force of American exceptionalism, we will lose.
China says its economy grew 5 percent last year. It probably didn’t.
Last March, Chinese Premier Li Qiang opened the legislature’s annual meeting by setting an economic growth target for 2024 of ...
Will the Chinese Consumer Finally Start Spending?
In the four decades leading up to the pandemic, 800 million Chinese exited poverty and began to buy things beyond their ...