Dow jumps nearly 1,000; S&P 500 climbs 2.6% following a 90-day truce in the US-China trade war
U.S. stocks are leaping after China and the United States announced a 90-day truce in their trade war. The S&P 500 jumped 2.6% Monday. The Dow Jones Industrial Average rose 957 points, and the Nasdaq composite gained 3.6%. Read More
Mushroom mania: China’s Yalexian taps rising demand for natural and umami to boost exports
Yalexian believes that its greatest advantage lies in the fact that all of its mushrooms are wild-grown, as this greatly enhances the natural factor of its products. “The fact is that more and more consumers today are looking for healthier products, and tend to correlate healthy items with being natural…
bubmagMay 12, 2025
This US-owned factory in China made toys for Walmart. Tariffs put it on life support, Money News
The emails started pouring in on April 9, the day President Donald Trump's 145 per cent tariff on Chinese imports took effect. Clients were cancelling orders for toys from Huntar Company Inc.'s factory in Guangdong Province, China. But Huntar CEO Jason Cheung, 45, had already halted production at the 600,000-square-foot…
bubmagMay 12, 2025
Construction of main body of 562.16-meter-long Taohe Bridge starts
A drone photo shows a 500-ton cable hoisting system of the Taohe Bridge in northwest China's Gansu Province, May 10, 2025. With the successful trial hoisting of a 500-ton cable hoisting system, the construction of the main body of the 562.16-meter-long Taohe Bridge, a key project along the Lanzhou-Yongjing-Linxia expressway,…
bubmagMay 11, 2025
Moments in Motion | Highlights of President Xi’s trip to Russia
Chinese President Xi Jinping paid a state visit to Russia and attended the celebrations marking the 80th anniversary of the victory in the Soviet Union's Great Patriotic War. During the visit, President Xi and President Putin had in-depth communications and reached many new important consensuses, injecting fresh impetus into the…
bubmagMay 11, 2025
Bitcoin Climbs to $104.9K After Trump Hints at ‘Total Reset’ With China
Bitcoin Climbs to $104.9K After Trump Hints at ‘Total Reset’ With ChinaRead More
bubmagMay 11, 2025
US Stocks end flat as investors await US-China trade talks
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bubmagMay 10, 2025
Moscow stages Victory Day parade as China’s President Xi joins Putin amid Ukraine war
Vladimir Putin’s troops were accused of breaking a three-day ceasefire called to coincide with the 80th anniversary of the Soviet Union’s victory over Nazi Germany in World War Two on Friday. Russia marked its most prominent military day with a massive parade on Red Square on Friday attended by Putin…
bubmagMay 9, 2025
Trade War Shock Is Scrambling China’s Exports
Advertisement SKIP ADVERTISEMENT You have a preview view of this article while we are checking your access. When we have confirmed access, the full article content will load. Shipments of goods to the United States plunged by 21 percent in April, but spiked to Asia as President Trump imposed sky-high…
bubmagMay 9, 2025