Trump's digital dollar ban gives China and Europe's CBDCs free rein
Donald Trump's rapid move to ban a "digital dollar" has left the field wide open, observers say, for China and Europe to make ...
XRP, Bitcoin Are Falling. It Isn’t Just China’s AI Threat That Is Hurting Crypto.
DeepSeek has produced an open-source AI model that could rival ChatGPT while being significantly cheaper to produce.
The Express Tribune1d
Wall Street reacts to China's Deepseek, Nvidia loses about $400b
Major AI players, including Nvidia, Meta, Microsoft, and Alphabet, saw significant losses, with Nvidia shedding over 11% and ...
The Taipei Times1d
China’s factory activity contracts, first in 4 months
The Lunar New Year holiday, China’s most important festival, begins today and runs until Tuesday next week. Millions of ...
Chinese yuan surges after Trump goes easy on China in inaugural address
The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.
US stock futures sink as investors weigh China challenge to US dominance in AI. Nvidia drops 12%
Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial ...
Business Times1d
Europe: Tech shares tumble as China’s AI push spooks investors
EUROPEAN tech shares came under pressure on Monday, after Chinese tech startup DeepSeek’s low-cost artificial intelligence ...
Explainer: -How would a US bitcoin strategic reserve work?
President Donald Trump ordered the creation of a digital asset working group on Thursday which, among other things, would be ...
US stock futures sink as investors weigh China challenge to US dominance in AI. Nvidia off 12%
Investors dumped technology stocks in premarket trading Monday, sending U.S. indexes sharply lower after Chinese artificial ...
Australia CPI to continue easing to RBA’s target in December
The RBA has maintained the Official Cash Rate (OCR) steady at 4.35% since November 2023, claiming inflation needs to “sustainably” return to its target band of 2% - 3% before considering a rate cut.