The trade dispute between the United States and China has intensified, with Beijing expressing its readiness to confront any form of conflict resulting from recent U.S. tariff hikes. President Donald Trump’s administration increased tariffs on Chinese imports, citing the need to address the flow of fentanyl into the U.S., a claim China disputes. Chinese Foreign […]
The proliferation of cybercrime markets is fueling a surge in online scams, making it easier for criminals to target victims worldwide. Cybersecurity experts warn that the availability of hacking tools and stolen data on dark web platforms has empowered even novice criminals to launch sophisticated attacks. “The dark web has become a one-stop shop for […]
Japan’s 10-year government bond yields have climbed to near 16-year highs, reaching 1.25%, as investors brace for rising inflation and potential shifts in monetary policy. The surge in yields reflects growing concerns over the Bank of Japan’s (BOJ) ultra-loose policy stance. Analysts suggest that the BOJ may soon reconsider its long-standing policy of keeping interest […]
Adidas has announced impressive Q4 2024 earnings, exceeding market expectations. The company reported an 8% year-over-year revenue increase, with net income reaching €450 million. The strong performance was driven by robust demand for Adidas’ footwear and apparel lines, as well as strategic investments in digital transformation and sustainability initiatives. “Our focus on innovation and sustainability […]
Asia-Pacific markets mostly advanced on Wednesday as investors digested China’s 2025 GDP growth target of around 5% and a lowered inflation forecast of “about 2%.” The announcements come amid rising global trade tensions and U.S. tariffs, which have added uncertainty to the economic outlook. Australia’s S&P/ASX 200 fell 0.77%, despite the country’s economy growing 1.3% […]
Bitcoin is making a strong recovery, nearing the 90,000 marks after a sharp sell−off driven by trade war concerns. According to Coin Metrics, Bitcoin rose more than 186,927.54, while Ether climbed less than 1% to over $2,100. Smaller-cap cryptocurrencies like Cardano’s ADA and Ripple’s XRP also saw gains of 4.6% and 1.8%, respectively. Bitcoin-related stocks joined […]
China has set an economic growth target of around 5% for 2025, according to government sources, as the country grapples with the lingering effects of the U.S.-China trade war and a slowing global economy. The target reflects Beijing’s efforts to balance growth with the need for structural reforms. The trade war, which has seen tariffs […]
Asian technology and semiconductor stocks faced significant losses on Tuesday after U.S. President Donald Trump confirmed plans to impose 25% tariffs on goods from Canada and Mexico, with no room for negotiation. Trump also announced an additional 10% hike on existing tariffs on Chinese imports, intensifying global trade tensions. The announcement rattled investors, leading to […]
Bitcoin, the flagship cryptocurrency, has tumbled by 10% in a single day, reflecting the bearish pressure currently weighing on the broader crypto market. The decline is part of a larger trend of risk aversion among investors, driven by fears of economic instability and tighter regulations. Market analysts suggest that the sell-off was exacerbated by large-scale […]
In a bold move to uphold corporate integrity, Malaysia has pledged to take decisive action against companies embroiled in a fraud scandal involving global tech leader Nvidia. The case, which has sent shockwaves through the tech industry, centers on allegations of financial misrepresentation and unauthorized use of Nvidia’s proprietary technology by several Malaysian firms. Authorities […]