Economy
Oil prices stayed above the 100 dollar mark on Thursday as global markets focused on high level talks in Beijing between Donald Trump and Xi Jinping. Traders watched the meeting for any signal that could ease tensions linked to the Iran conflict and the disrupted flow of energy through the Strait of......
Investors are urging Donald Trump and Xi Jinping to avoid escalating technology and trade tensions during this week’s summit in Beijing, as global markets continue to rally around artificial intelligence. The two leaders are expected to meet on May 14 and 15 in what marks Trump’s first official......
China has lifted restrictions on some iron ore purchases from BHP, signaling a shift in a trade dispute that had disrupted global supply chains for months and unsettled commodity markets. A state-backed buyer, China Mineral Resources Group, informed steel producers they could resume bidding on selected......
China’s top economic planning body has announced plans to curb excess production capacity in major heavy industries, including steel and oil refining, as the country continues to struggle with persistent overproduction across key commodity sectors. The National Development and Reform Commission......
Safe-haven currencies strengthened at the start of the week as investors reacted to a sharp escalation in the conflict between Iran, the United States and Israel, driving money out of risk assets and into traditional shelters. The Swiss franc rose to its strongest level against the euro since 2015, while......
China’s financial regulators have instructed domestic banks to cut their investments in US Treasury securities, signaling an effort to reduce exposure to American debt as global financing dynamics shift. Bloomberg reported that Beijing issued the directive through informal “window guidance,”......
Chinese regulators have quietly instructed domestic financial institutions to limit their exposure to US government debt, citing concerns over concentration risk and market volatility, according to people familiar with the matter. The move, first reported by Bloomberg, marks the latest step in Beijing’s......
The U.S. Treasury labeled China's yuan "largely undervalued" on Thursday and urged Beijing to let it appreciate, toughening its tone in the semiannual currency report while stopping short of naming China a currency manipulator. The assessment cites China's "extremely large and......
British Prime Minister Keir Starmer and Chinese President Xi Jinping announced significant trade agreements Thursday, marking the first visit by a UK leader to China in eight years. The deals, unveiled during an 80-minute meeting at Beijing's Great Hall of the People, include AstraZeneca's 15......
Silver prices have shattered historical records in early 2026, soaring past $90 per ounce for the first time ever. This unprecedented rally stems from persistent supply shortages, fresh Chinese export restrictions, and a rush of safe-haven buying, creating what experts describe as the most intense pressure......
China’s birth rate fell to its lowest level since records began in 1949, highlighting the depth of the country’s demographic challenges despite years of policy reforms aimed at encouraging family growth. According to data released by the National Bureau of Statistics, China registered 7.92......
Canadian Prime Minister Mark Carney and Chinese President Xi Jinping unveiled a landmark trade agreement in Beijing, slashing tariffs on Chinese electric vehicles in exchange for eased duties on Canadian agricultural goods. This pact signals Ottawa's pivot away from heavy reliance on the United States,......
The seventh session of the Joint Commission on Economic, Trade, and Technical Cooperation between Morocco and China took place on Tuesday in Beijing. The session, part of the ongoing strategic partnership established in 2016, was co-chaired by Morocco’s Minister of Industry and Trade, Ryad Mezzour,......
