Catenaa, Monday, May 12, 2-25- A wave of de-dollarization could hit global markets as BRICS nations and Asian economies consider shedding an estimated $2.5 trillion in US dollar reserves, according to financial insights shared with Bloomberg by Stephen Jen, head of Eurizon SLJ Capital. The move is seen as part of a broader shift favoring […]
China has imposed a ban on the export of rare earth mining technology, a move set to rattle global supply chains and ignite fresh geopolitical tensions. The decision, announced this week, cites national security concerns but is widely seen as a strategic effort to tighten control over critical raw materials essential for modern technologies. The […]
Catenaa, Monday, April 28, 2025-China last Thursday (24) urged the United States to cancel all “unilateral” tariffs, pushing back against suggestions of ongoing trade talks and signaling a firm stance as Washington considers easing duties, a Reuters news report said. Commerce Ministry spokesperson He Yadong said the US must remove the tariffs if it genuinely […]
Catenaa, Thursday, May 01, 2025- China has quietly created a list of US-made goods exempt from its new 125% retaliatory tariffs, privately informing select companies of the policy shift, two sources familiar with the matter told Reuters. The move signals a calibrated effort by Beijing to reduce domestic pressure from the ongoing trade war without […]
Catenaa, Tuesday, May 13, 2025-As tariffs on Chinese goods continue to rise, China is diverting exports meant for the US to its domestic market, a move that risks deepening the country’s deflationary spiral. The government’s push to support exporters amid declining US demand has led to a surge in discounted products within China, but experts […]
Catenaa, Thursday, May 01, 2025- China has lifted a steep 125% tariff on US ethane imports in a quiet reversal aimed at easing industrial strain and soothing trade tensions with Washington, the Reuters news agency reported. The tariff, imposed earlier this month in retaliation for new US duties on Chinese goods, had threatened to squeeze […]
Catenaa, Tuesday, December 10, 2024 – China’s leaders on December 9 announced a significant pivot in economic policy, adopting bolder measures to address slowing growth and prepare for 2025, while tensions with the US over trade and technology continue to escalate. The Politburo, the nation’s top decision-making body led by President Xi Jinping, pledged to […]
Catenaa, Tuesday, December 31, 2024 – The Further Upgrade Protocol of the China-Singapore Free Trade Agreement (CSFTA) officially came into effect today, December 31, 2024, marking a milestone in deepening economic ties between the two countries. China’s Ministry of Commerce announced that the agreement aligns with high-standard international trade rules and significantly opens service trade […]
Catenaa, Tuesday, May 27, 2025- US stock futures surged Monday night after President Donald Trump announced a delay on imposing a 50% tariff on European Union goods, a move that calmed jittery investors and boosted global market sentiment. The Dow Jones Industrial Average futures climbed 407 points, or 1%. S&P 500 futures gained 1.1%, and […]
Catenaa, Wednesday, April 30, 2025- The 2025 British American Business Network (BABN) Transatlantic Conference is being held today and tomorrow in Charlotte, Mecklenburg County, Germany. Leaders from the US, UK and Canada will discuss future-focused trade and investment strategies at the confab. The event, themed “Focus on the Future: Navigating the Demands of Tomorrow’s World,” […]
Catenaa, Friday, May 02, 2025-Chinese tech giant Huawei has begun deliveries of its most advanced artificial intelligence chip cluster, the CloudMatrix 384, to local clients cut off from US semiconductor leader Nvidia due to Washington’s tightening export restrictions, according to sources familiar with the development. The high-performance system, which links 384 AI processors using Huawei’s […]
Catenaa, Wednesday, April 23, 2025-The International Monetary Fund (IMF) warned yesterday (22) that the global economy is entering a new, more volatile era, marked by heightened trade tensions, rising tariffs, and policy uncertainty. The IMF’s April 2025 World Economic Outlook projects global growth to slow to 2.8 percent this year, a sharp downgrade from its […]
Catenaa, Friday, April 04, 2025– Britain remains optimistic that US tariffs imposed by President Donald Trump could be lifted if a new economic agreement is reached, Business Minister Jonathan Reynolds said Tuesday. Reynolds stated that while Trump intends to apply tariffs universally before considering exemptions, a framework for a deal is already in place. Prime […]
Catenaa, Friday, April 18, 2025-US demand for Chinese exports has ground to a halt at the Canton Fair, as surging tariffs from Washington trigger panic among manufacturers and uncertainty across global markets. Held for the first time since President Donald Trump’s sweeping 145% tariffs on Chinese goods took effect earlier this month, the country’s largest […]
Catenaa, Monday, May 12, 2025-The United States and China on Sunday reported significant progress in bilateral trade negotiations following two days of closed-door talks in Switzerland. US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng called the Geneva meetings constructive and comprehensive. They were the first such high-level engagement since President Donald Trump […]