China-led CBDC project mBridge tops $55B in cross-border payments
In 2024, the Bank for International Settlements stepped back from mBridge, seeking to distance itself from sanctions-related speculation surrounding the platform....
In 2024, the Bank for International Settlements stepped back from mBridge, seeking to distance itself from sanctions-related speculation surrounding the platform....
China and the European Union began 2026 with another trade clash. As the EU’s Carbon Border Adjustment Mechanism entered its definitive phase, Brussels tightened compliance and Beijing warned of count...
Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...
KRAKacquisition Corp., a newly formed blank check firm linked to crypto exchange Kraken, proposed a $250 million public offering....
The region’s vast holdings of US government debt give it leverage with the Trump administration...
Demand from countries rushing to buy US aircraft to curry favour with Trump administration boosts aviation group...
Canada and China appear ready to kick-start trade talks after years of strained relations, with Canadian Prime Minister Mark Carney’s visit to Beijing this week coinciding with both countries question...
Silicon Valley bosses who lined up behind the US president for his inauguration have fared well under his administration...
The “digital-first“ bank created in 2022 is set to go public on the Nasdaq, subject to shareholder and regulatory approvals....
As US President Donald Trump’s tariff increases have roiled global markets and strained America’s alliances in recent months, China has been pursuing the opposite strategy: keeping import duties low a...
State-owned China Telecom has developed the country’s first artificial intelligence models with the innovative Mixture-of-Experts (MoE) architecture that are trained entirely on advanced chips from Hu...
China’s exports defied a turbulent year of trade tensions to perform better than expected in 2025, cementing a record US$1.19 trillion annual surplus as manufacturers diversified markets to offset a s...
The Trump administration plans to replace the US ambassador to Vietnam with a nominee set on addressing “imbalanced” trade relations, as Hanoi’s goods trade surplus with Washington surpassed China’s...
Slowing demand in China has pushed brands to seek pockets of growth in new markets...
According to Customs data, the surplus was boosted by trade gains in December, with exports climbing 6.6% from the year before, better than economists’ estimates and higher than November’s 5.9% year-o...
At least 12 vessels full of Urals idle off Omani coast, more are anchored near China...
Oil industry expert Daniel Yergin argues that the US is desperate to have supply chains independent of China....
The fortunes of furniture makers in North Carolina and Foshan in China show the impact of Trump’s tariff regime...
German sports-car maker hit by lack of petrol variant for best-selling Macan and weak demand in China...
Semiconductor levies are designed to enact a deal Donald Trump cut with chipmakers to allow shipments of AI processors...