# Tags

China Retaliates with 34% Tariffs and Rare Earth Export Controls Amid Escalating Trade War

Amid intensifying trade friction with the United States, China has introduced a 34% tariff on all American imports, set to take effect on April 10, 2025. This step closely follows Washington’s imposition of a similar 34% tariff on Chinese products, pushing total levies on Chinese imports in the U.S. to 54% when previous tariffs are […]

UK Immigration Reforms Deepen Workforce Crisis Across Essential Industries

The United Kingdom is experiencing acute labor shortages in critical sectors such as healthcare and construction, a direct consequence of recent immigration reforms implemented by Prime Minister Keir Starmer’s government. These policies, designed to reduce the country’s reliance on foreign labor, are now raising concerns about their impact on the nation’s economic stability and public […]

Honda Faces Sharp Profit Decline Amid U.S. Tariffs and Slowing China Sales

Honda Motor Co. has reported a substantial decline in its fiscal year profits, citing increased U.S. tariffs and a slowdown in China’s automotive market as primary factors. The Japanese automaker’s net profit fell by 24.5% to ¥835.8 billion ($6.2 billion) for the fiscal year ending March 31, 2025, down from ¥1.1 trillion the previous year. […]

Global Markets Rally as U.S. and China Agree to 90-Day Tariff Reduction

In a surprising turn of events, the United States and China have agreed to a mutual reduction of tariffs for a 90-day period, leading to a significant rally in global markets. The agreement, announced after high-level negotiations, sees the U.S. reducing tariffs on Chinese imports from 145% to 30%, while China lowers its tariffs on […]

China Readies Economic Counterstrike as Trump Vows 60% Across-the-Board Tariffs: A Looming Trade War

The Chinese Communist Party’s Economic Committee convened an emergency session today to draft retaliatory measures following former President Donald Trump’s campaign pledge to impose 60% universal tariffs on Chinese imports if reelected. This escalation threatens to reignite the trade war that cost the global economy an estimated $1.7 trillion during Trump’s first administration. Beijing’s Strategic […]

Aramco Edges Past Estimates With $27.3B Q1 Profit Despite 14% Oil Price Decline

Saudi Aramco (2222.SR) reported a first-quarter net profit of 27.3 billion, marginally surpassing analyst expectations of 26.8 billion despite Brent crude averaging just $83.42/barrel (-14% YoY). The world’s largest oil producer demonstrated resilience through: Key Financial Highlights: Revenue: 107.2B (vs. 121.3B Q1 2024) Free Cash Flow: $25.6B (covers 87% of dividend) Dividend: Maintained at $29.4B payout Operational Wins: Downstream […]

Asian Markets Mostly Higher as China Stimulus Offsets Fed Rate Concerns; Nikkei Leads Gains

Asian markets opened cautiously higher on Monday, with Japan’s Nikkei 225 climbing 1.2% to 38,500—a fresh 34-year high—boosted by a weaker yen and strong earnings from tech giants like SoftBank. China’s Shanghai Composite edged up 0.6% after Beijing announced a $140 billion property sector rescue package, while India’s Sensex lagged (-0.3%) amid lingering election volatility. […]

Rupee Tumbles, Sensex Plunges 3% as India Reports Pakistan-Origin Drone Strike Near Border

The Indian rupee opened at a historic low of 86.50 against the U.S. dollar, while the Sensex plummeted 3% in early trading after India’s Defense Ministry confirmed a Pakistan-origin armed drone breached airspace near Jammu, sparking fears of escalating cross-border tensions. The drone, carrying advanced missile technology, was intercepted 20 km from the Line of […]

China’s Exports Soar 15% Amid Global Demand Shift, U.S. Tariffs Trigger Import Freefall

China’s export sector delivered a powerhouse performance in April 2025, soaring 15% year-over-year to reach $450 billion, according to customs data released this week. The remarkable growth, fueled by unprecedented demand for electric vehicles (EVs), solar energy systems, and advanced consumer electronics, underscores China’s tightening grip on critical green technology markets even as geopolitical tensions […]

Standard Chartered Analyst Apologizes for 120K Bitcoin Price Call, Revises Target to 200K as BTC Shatters Forecast

Geoff Kendrick, an analyst at Standard Chartered, issued a public mea culpa this week as Bitcoin (BTC) blasted through his 2024 year-end prediction of 120,000, rocketing to an unprecedented peak of 185,000. In a candid research report titled “We Underestimated Bitcoin’s Ascent,” Kendrick conceded his earlier miscalculation, elevating his 2025 outlook to $200,000. He pointed to […]