Catenaa, Monday, June 23, 2025- Malaysia is investigating claims that Chinese firms are using the country to bypass US export controls on advanced Nvidia chips, following reports that engineers transported sensitive AI data to local data centers earlier this year. The Wall Street Journal reported Chinese engineers traveled to Malaysia in March carrying hard drives […]
Catenaa, Monday, February 03, 2025 – Canada, Mexico and China have announced retaliatory measures after President Donald Trump signed executive orders imposing steep tariffs on imported goods. The White House confirmed Saturday that the US would implement a 25% tariff on goods from Canada and Mexico and a 10% tariff on items from China. In […]
Catenaa, Friday, April 03, 2025-Cryptocurrency prices tumbled Wednesday after President Donald Trump unveiled new reciprocal tariffs on nearly 200 U.S. trading partners, sparking markets-wide selloffs. Bitcoin fell 3% to $82,600 after briefly touching $88,000. Ethereum dropped over 6% to below $1,800, while Solana shed 6.5%, trading near $118. Other top cryptocurrencies, including Dogecoin and XRP, […]
Catenaa, Friday, March 14, 2025-Goldman Sachs has downgraded its US economic outlook for 2025, citing President Donald Trump’s escalating tariff policies as a major risk to growth, the investment bank’s chief economist, Jan Hatzius, said Tuesday. Goldman now forecasts US GDP to grow at US 1.7% US next year, down from its previous US 2.4% […]
Catenaa, Wednesday, April 09, 2025-Goldman Sachs forecasted a 2.4 percentage point cut to China’s GDP growth due to US President Donald Trump’s 104% tariffs on Chinese goods, which took full effect early Wednesday. The sweeping levies, analysts warn, could derail Beijing’s 5% growth target for 2025 and have already sparked renewed fears of a prolonged […]
Catenaa, Wednesday, April 09, 2025-European stocks plunged Wednesday morning after US President Donald Trump’s sweeping reciprocal tariffs took effect, triggering sharp declines across sectors and deepening investor unease over a mounting global trade conflict. The pan-European Stoxx 600 index dropped 2.9% in early trade, with healthcare, mining and energy stocks leading losses. France’s CAC 40 […]
Catenaa, Wednesday, May 14, 2025- Wall Street’s fear gauge, the Cboe Volatility Index (VIX), experienced a historic and rapid decline this week, signaling a possible market rebound after a tumultuous period. The VIX fell to 18.22 on Tuesday, down from a high of over 40 in early April, marking the fastest drop in its history. […]
Catenaa, Wednesday, April 09, 2025-The White House yesteday April 8 announced that the US would increase tariffs on China to 104%, escalating the trade conflict between the two nations. The move follows China’s refusal to reverse retaliatory tariffs on US goods, prompting President Donald Trump to impose a further 50% increase. This decision sent US […]