Binance Explains Market Crash and Reimburses Users $283M

Users affected by collateral liquidations, Earn products, and transfer delays received full refunds within 24 hours. Binance has announced that it has compensated affected users with approximately $283 million following the recent October 10...

Bitcoin Miners Lead Crypto Stock Bounce as OpenAI-Broadcom Deal Fuels AI Trade

Crypto mining stocks tied to the red-hot artificial intelligence (AI) data center trade were the fastest horses on Monday to recover from Friday's market rout. Bitfarms (BITF) and Cipher Mining (CIFR) surged 26% and 20% respectively on Monday,...

Xiplomacy: How China helps empower wom...

Chinese Juncao expert Lin Hui explains to trainees at the China-Rwanda Agriculture Technology Demonstration Center in Huye District, Rwanda, on July 17, 2025. (Photo by Huang Wanqing/Xinhua) Xi made the observation while chairing the Global...

How China’s threats to clamp down on rare earth exports could wreak havoc on US tech giants, military contractors

China’s pledge to choke off shipments of rare earth elements could wreak havoc on tech giants like Apple and Tesla as well as big US military contractors – and experts called it a major bargaining chip as Beijing haggles with President Trump over...

Wall Street ends sharply higher on Trump China comments

REUTERS/Brendan McDermid/File Photo Futures-options traders work on the floor at the American Stock Exchange at the New York Stock Exchange in New York City, on Oct. 2, a day after the U.S. government shutdown began. Wall Street’s main indexes...

Binance Explains $0 Token Prices Were a Display Bug, Not a Market Crash

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On October 12, Binance issued an update stating that a temporary display issue caused several tokens to appear with...

iPhone 17 launch ignites frenzy in India as Apple’s “next China” takes shape

The iPhone 17 series has once again sparked a nationwide buying frenzy in India. According to Indian media reports, on September 19, as Apple’s latest lineup reached stores, fans crowded retail outlets across the country. Lines stretched for...

Was the crypto bloodbath a reaction to Trump’s tariffs or an insider trade?

Could the crypto bloodbath have been avoided, or did systemic flaws, algorithmic trades, and insider timing make it inevitable once Trump’s tariffs went public? Summary Global markets plunged after Trump’s tariff announcement, triggering one of...

New export figures suggest China could weather escalation of trade war with US

Monday’s figures showing that China’s exports grew faster than expected in September would have been welcome news for the authorities in Beijing at any time. But three days after Donald Trump threatened to impose an extra 100 per cent tariff on...

United States-China Trade Tensions Escalate Over Rare Earth Controls and Tariff Threats

Beijing/Washington, October 13, 2025 – In a sharp escalation of bilateral frictions, Beijing on Monday rebuffed U.S. President Donald Trump's threats to impose 100% tariffs on Chinese imports, labeling the move as "not the right way" to handle...

3 researchers, including Brown University professor, win Nobel prize in economics

STOCKHOLM (AP) — Three researchers who probed the process of business innovation won the Nobel memorial prize in economics Monday for explaining how new products and inventions promote economic growth and human welfare, even as they leave older...

U.S. and China Appear to Escalate Trade War for Leverage in Dealmaking

The U.S. and China have raised new tariffs and export controls on each other, but they may just be a negotiating tactic. President Donald Trump reacted with rare reassurance Sunday night after renewed trade tensions last week threatened to unravel...

Beijing Dance Academy illuminates at DUT Moon Festival Gala

The spirit of the Chinese Mid-Autumn Festival and South Africa’s multi-cultural vibrancy came together in a dazzling celebration of art, unity and community at the Moon Festival Gala at Suncoast in Durban. The event, co-hosted by the world class...

Deutsche Bank in Sri Lanka: A conversation on strategy, commitment, and growth

Deutsche Bank Group India and Emerging Asia CEO Kaushik Shaparia – Pic by Sameera Wijesinghe Germany’s multinational financial services giant Deutsche Bank Group’s India and Emerging Asia CEO Kaushik Shaparia was in Sri Lanka recently and met up...

Trump’s China tariff talk clouds IMF, World Bank meetings

Finance chiefs gathering in Washington this week were ready to discuss the global economy’s surprising resilience in the face of Donald Trump’s tariff assaults – until US-China trade war rhetoric reignited with the US president threatening 100%...

Researchers win Nobel for explaining innovation-driven economic growth

STOCKHOLM — Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for explaining how innovation creates new products and promotes economic growth and human welfare even as it leaves old businesses in the...

Hong Kong’s reinvention ensures its future as a thriving financial hub

It seems like only yesterday that the global financial world collectively declared China “uninvestable” and Hong Kong’s once-cherished financial status went down with it. Those same investors are now coming back in droves. If every crisis presents...

Trump to meet Xi in South Korea as trade tensions ease

KEYSTONE/EDA/MARTIAL TREZZINI/HANDOUT VIA REUTERS/FILE PHOTO U.S. Secretary of the Treasury Scott Bessent shakes hands with Chinese Vice Premier He Lifeng during a bilateral meeting between the U.S. and China, in Geneva, Switzerland, on May 10....

Switzerland and China to Accelerate Trade Talks as US Tariffs Impact

Switzerland (Brussels Morning Newspaper) – Switzerland and China have agreed to speed up negotiations to upgrade their free-trade agreement amid rising pressure from high US tariffs on Chinese goods. Swiss Foreign Minister Ignazio Cassis and...

Quiet update on China trade war sends stocks surging in huge 401(K) boost

US stocks surged on Monday, rebounding from Friday’s rout, after President Donald Trump and senior administration officials offered reassurances on trade relations with China. The rebound provided a welcome boost to Americans whose retirement...