Tag: Global Markets
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Xi Links China’s Development to MAGA Vision in Trump Meeting
Xi Jinping Ties China’s Development to the MAGA Vision in Trump Meeting In a surprising and highly symbolic moment, Chinese President Xi Jinping connected China’s ongoing development and revitalization with the United States’ political agenda, specifically President Donald Trump’s “Make America Great Again” (MAGA) vision. The remarks came during a formal meeting with Trump shortly…
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China’s Development Aligns with MAGA Vision, Xi Says
Xi Sees Broad Alignment Between China’s Growth and MAGA Agenda In a statement that drew immediate attention on the world stage, Chinese President Xi Jinping described China’s development and rejuvenation as closely tied to U.S. President Donald Trump’s signature policy agenda, the Make America Great Again (MAGA) vision. Xi’s comments came during a high-stakes meeting…
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China Scraps Gold Tax Break, Sending Shockwaves Through Global Bullion Market
China Abolishes Gold Tax Break, Reshaping Global Bullion Markets In a move that jolts one of the world’s largest gold markets, China has scrapped a long-standing tax incentive on gold sales. Effective immediately, retailers will no longer benefit from the tax relief that helped keep gold pricing more predictable for consumers and traders alike. The…
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Japan Chosen as Country of Honour for Cannes Marché du Film 2026
Japan to Lead the Spotlight at Cannes Marché du Film 2026 Japan has been designated the Country of Honour for the 2026 edition of the Cannes Marché du Film, set to take place in May. The announcement was made by the Marché du Film’s Executive Director Guillaume Esmiol at the Tokyo International Film Festival (TIFF),…
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Global Markets Sink as US Regional Banks Face Bad Loans and Fraud Allegations; Gold Reaches Record High
Market turbulence erupts as US regional banks reveal loan losses and alleged fraud Global stock markets declined sharply while gold surged to a record high as two US regional banks disclosed significant loan losses and a fraud-related probe. The latest disclosures underscored budding credit stress that has investors bracing for possible spillovers into wider financial…
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Global Markets Tumble as Gold Soars to Record High amid Bank Stress Fears
Global markets retreat as concerns over US regional banks mount Global stock markets fell sharply on Thursday as headlines about US regional banks exposed to millions of dollars in bad loans and alleged fraud spurred investor risk-off sentiment. European indices led the retreat, with London’s FTSE 100 dropping around 1.5%, Germany’s Dax slipping about 2%,…
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Dow Recovers From Early Slump as China Woes Weigh on Markets (Live Update)
Live Market Update: Dow Rebounds From Early Slide The U.S. stock market’s main indices stepped higher after an early decline sparked by renewed concerns over China’s economy. The Dow Jones Industrial Average shaved off losses as traders weighed fresh data and policy signals from global markets. Investors remain focused on how China’s economic trajectory could…
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Asia-Pacific Markets Mixed as China Port Fees Hit US Ships
Asia-Pacific markets tread water as port fee dispute escalates Asia-Pacific equities traded mixed on Tuesday, diverging from a rally in U.S. stocks after President Donald Trump signaled a softer stance on China. Investor attention shifted to the latest round of tit-for-tat trade restrictions and the looming charges that could affect maritime flows between the world’s…
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US Calls China’s Rare Earths Curbs a ‘Power Grab’ as Trade Tensions Persist
Introduction: A Fresh Friction in US-China Trade The relationship between the United States and China faces another point of contention as US Trade Representative Jamieson Greer characterized Beijing’s latest move to tighten controls on rare earth minerals and magnets as a “power grab.” The commentary follows a broader pattern of disputes over trade, security, and…
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China Warns of Retaliation if US Maintains 100% Tariffs Threat as Markets Brace for Fresh Trade Turmoil
Beijing Reaffirms Stance as Tariff Threats Loom China’s commerce ministry issued a sharp warning on Sunday, signaling it would take “resolute measures” to defend its interests if President Trump proceeds with his threat to impose 100% tariffs on Chinese imports. The remarks come after Trump’s recent pledge to escalate pressure on Beijing by November 1,…