Oil prices jumped at the market open on Monday after U.S. President Donald Trump imposes tariffs on Canada, Mexico and China, raising fears of a trade war and disruption in crude supply from two of the United States’ biggest suppliers. U.S. West Texas Intermediate crude was at $74.27 a barrel, up $1.74, or 2.4%, by […]
Read MoreThe response stopped short of the immediate escalation that had marked China’s trade showdown with Trump in his first term as president and repeated the more measured language Beijing has used in recent weeks. China’s government on Sunday denounced the Trump administration’s imposition of a long-threatened 10% tariff on Chinese imports while leaving the door […]
Read MoreThe Netherlands’ privacy watchdog AP on Friday said it will launch an investigation into Chinese artificial intelligence firm DeepSeek’s data collection practices and urged Dutch users to exercise caution with the company’s software. “The AP is (issuing this) warning because of the serious concerns that there are over DeepSeek’s privacy policies … and the way […]
Read MoreQuantitative hedge fund, High-Flyer, built a 100 billion yuan ($13.79 billion) portfolio using artificial intelligence models to make investment decisions, but in 2023 decided to change track to focus on developing the most cutting-edge AI. In a post on its official WeChat account, Hangzhou Huanfang Technology Ltd Co., as the company is officially called, said […]
Read MoreChina pledged to accept the return of undocumented Chinese citizens in the US, after President Donald Trump threatened to hit Colombia with tariffs of up to 50% for refusing to take back deported migrants. “China will receive people who are confirmed as Chinese nationals from the mainland after verification,” Chinese Foreign Ministry spokeswoman Mao Ning […]
Read MoreChina has approved the construction of the world’s largest hydroelectric dam. Through this, Beijing is starting an ambitious project on the eastern side of the Tibetan Plateau that could have a huge impact on neighboring countries. However, China has assured India that it will not seek to benefit itself at the expense of its neighbors. […]
Read MoreDonald Trump threatened to impose tariffs of up to 60 percent on China during the election campaign. After taking office on Monday, he said that a 10 percent tariff could be imposed on all goods imported from China from February 1. But now the US president has changed his tune and said that he will […]
Read MoreUS President Donald Trump has expressed hope for a ‘very good relationship’ with China under his administration. He also stressed on ‘fairness’ in the trade sector. NDTV reported. He expressed this hope while joining a video call at the World Economic Forum held in Davos, Switzerland on Thursday (January 23) local time. In a virtual […]
Read MoreRussian President Vladimir Putin and Chinese President Xi Jinping have pledged to further strengthen ties between the two countries through a video conference. The two leaders made the announcement a day after Donald Trump was sworn in as the 47th president of the United States. This information was reported in a report by the Russian […]
Read MoreU.S. President Donald Trump on Tuesday vowed to hit the European Union with tariffs and said his administration was discussing a 10% punitive duty on Chinese imports because fentanyl is being sent from China to the U.S. via Mexico and Canada. Trump voiced his latest tariff threats in remarks to reporters at the White House […]
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