Investors should rule out nothing from the Federal Reserve in 2025 if the newly minted Trump administration uncorks fresh tariffs on China and the European Union. "I think rate hikes are possible. Anything is possible.
The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.
Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump’s administration.
China's Center For Disease Control and Prevention (CDC) said on Thursday that while the rate of influenza virus in the country has shown signs of slowing, the overall cases of acute respiratory infectious diseases continued to rise.
The dollar steadied against major peers on Thursday, continuing its near paralysis of the past two days before more concrete announcements on tariffs from U.S. President Donald Trump.
Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full day in office amid hopes he will take a more cautious approach on trade than initially feared.
Trump threatened tariffs of as much as 60% on China during his campaign but has tempered his plans. Canada and Mexico are now being threatened with a 25% tariff.
Global markets mostly retreated on Monday after traders trimmed bets on US Federal Reserve rate cuts and oil ... which criticised fresh curbs on AI chips to China announced by the outgoing Biden ...
Shares were mostly lower in Asia on Friday after China reported that its economy grew at a 5 % annual pace last year, hitting the government's target but slowing from the year before.
A below-forecast read on wholesale prices provided a little relief and helped the Dow and S&P 500 end in the green, though sentiment remains clouded by a resignation to the idea that the Federal Reserve will ... than three decades. China's economy seen ...
Asian markets were mixed Friday as data showing China's economy grew slightly quicker than expected last year failed to inspire investors, with Beijing battling to revive consumption and boost the battered property sector.