China

How BlackRock kept Bitcoin’s price afloat with $2.4bn ETF haul

BlackRock’s IBIT took in $2.4 billion during April. The entire exchange-traded fund market accounted for $3 billion. IBIT has more than 50% share of the ETF market. BlackRock’s Bitcoin ETF isn’t just winning the race — it’s lapping the competition. In April, BlackRock’s IBIT fund hauled $2.45 billion, capturing around 80% of the entire $3 […]

Japan urges G20 to stabilise markets, warns of US tariff damage

Japan's Finance Minister Katsunobu Kato speaks during an interview with Reuters at the Finance Ministry in Tokyo, Japan April 17, 2025. REUTERS/Issei Kato/File Photo Purchase Licensing Rights , opens new tab Summary Japan, US finance chiefs to hold bilateral meeting Thursday Japan tells G20 geopolitics, US tariffs destabilising markets Japan flagged China's overcapacity in G7 […]

German inflation dips less than expected to 2.2% in April

Two German flags fly in front of and on top of the Reichstag building at sunset. Photo by Hannes P Albert/picture alliance via Getty Images German consumer inflation came in at 2.2% in April on an annual basis, easing slightly from March levels but coming in above expectations, preliminary data showed Wednesday. Economists polled by […]

The U.S. economy shrinks as Trump’s tariffs spark recession fears

The U.S. economy shrinks as Trump's tariffs spark recession fears toggle caption Jeff Kowalsky/Getty Images As President Trump marks his 100th day in office this week, there's not much to celebrate about the U.S. economy. Economic output is shrinking. The stock market has dropped sharply. And consumer confidence has tumbled to its lowest level since […]

US economy shrinks – as Trump blames Biden

The US economy shrank between January and March in its worst performance for three years – with Donald Trump blaming former president Joe Biden. The first US economic growth figures since Mr Trump returned to the White House on 20 January show the world's largest economy contracted at an annualised rate of 0.3% during the […]

The month that Trump blinked on trade

In early April, historic tariffs of 10% on nearly all countries in the world went into effect in a move that was seen as just the latest escalation in President's Trump absolutist tariff war. But in the month since, with some exceptions and plenty of White House saber-rattling, the direction of Trump's trade war has […]

Trump tariffs live updates: China eases tariffs on select US goods as Trump says Beijing will ‘eat’ the costs

​On Wednesday, it was reported that China had quietly compiled a list of US-made goods exempt from its 125% tariffs, aiming to ease trade tensions without public concessions. Companies, particularly those reliant on US technologies—such as pharmaceuticals and chipmakers—are being discreetly informed about these exemptions. The list, not publicly disclosed, appears to be expanding; for […]

Intel Stock Has Fallen Nearly 64% In 5 Years, Now CEO Lip-Bu Tan Says ‘Clearly, There Are No Quick Fixes,’ But Investors Should ‘Stay Tuned’ – Intel (NASDAQ:INTC), Advanced Micro Devices (NASDAQ:AMD)

As Intel Corporation INTC works to reclaim its position in the semiconductor race, its new CEO is urging patience from investors. What Happened: On Thursday, during Intel's first-quarter financial earnings call, CEO Lip-Bu Tan was asked how long Intel's transformation might take. In response, Tan admitted that "Clearly, there are no quick fixes," but underscored […]

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