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Global automakers face production crunch as Nexperia chip shortages worsen
Automobile manufacturers are increasingly concerned about a shortage of basic microchips, resulting in production delays. According to reliable sources, the issue began this week at Honda’s factories in North America and is anticipated to impact other carmakers globally.Cryptopolitan
Thu, Oct 30
US faces $14B economic hit as government shutdown drags
The economic toll on the US continues to grow as the government shutdown persists. The standoff, according to a new analysis from the Congressional Budget Office (CBO), could result in a decline in national economic output of between $7 billion and $14 billion.Cryptopolitan
Thu, Oct 30
US Treasury’s Bessent: Japanese government gives BoJ policy space, avoid excess FX volatility
US Treasury Secretary Scott Bessent said on Wednesday that the government’s willingness to allow the Bank of Japan (BoJ) policy space will be key to anchoring inflation expectations and avoiding excess foreign exchange (FX) volatility.Fxstreet
Wed, Oct 29
US and China tee up sweeping trade deal ahead of Trump–Xi meeting
Top Chinese and US economic officials on Sunday have agreed on the framework of a potential trade deal that will be discussed when US President Donald Trump and Chinese President Xi Jinping meet later this week, CNBC reported on Sunday.Fxstreet
Mon, Oct 27
The Trump administration is moving to fast-track data center power hookups
The Trump administration is accelerating data center power hookups, reducing approval timelines from several years to just 60 days. Trump’s administration is pushing regulators to advance Trump’s AI and manufacturing goals.Cryptopolitan
Fri, Oct 24
Trump said he expects a “fantastic trade deal” with China by the end of the month despite the ongoing tariff war
Donald Trump, speaking from the White House on Monday, said a “fantastic trade deal” with China is coming soon. The U.S. president told reporters that negotiations were heading in the right direction and that he expected a full agreement to be reached by the end of the month.Cryptopolitan
Tue, Oct 21
China confident on growth goals despite economy’s weak performance
China reported its slowest economic growth in a year but insisted it remains on course to meet its annual targets, helped by strong export numbers that have cushioned weak domestic activity. The country’s economy grew 4.8% in the three months ending in September compared to the same period last year, according to figures released Monday […]Cryptopolitan
Mon, Oct 20
Delayed CPI report, Fed meeting loom as Big Tech, automakers post results
Wall Street begins its second week of third-quarter earnings as investors brace for the first inflation data since the U.S. government shutdown, with Netflix, General Motors, Tesla, Ford, and Intel, all reporting.Cryptopolitan
Mon, Oct 20
China is pushing industrial tech and AI as U.S. tensions and market volatility rise
China’s tech stocks are staying in play even as the U.S. turns up the pressure and global markets get more chaotic. From October 20 to 23, Beijing’s top officials are meeting to lay out their five-year goals, and tech is expected to dominate the agenda.Cryptopolitan
Mon, Oct 20
House Select Committee on China on Thursday expressed reservations about the proposed structure of the sale of TikTok’s US operations
The chair of the House Select Committee on China on Thursday expressed reservations about the proposed structure of the sale of TikTok’s US operations, indicating that a licensing agreement for the app’s core algorithm would raise “serious concerns.”Cryptopolitan
Fri, Oct 17
The U.S. Chamber of Commerce sued the Trump administration over hefty new fees in the H-1B visa program
The U.S. Chamber of Commerce has filed a lawsuit against President Trump’s administration to stop the new $100,000 H-1B visa fee, arguing that it violates U.S. immigration law and would devastate businesses that depend on skilled foreign workers.Cryptopolitan
Fri, Oct 17
Trump confirms he will meet Putin in Budapest after a “long and productive” phone call
In a Thursday update on Truth Social, President Donald Trump announced that he and President Vladimir Putin have agreed to meet in Budapest, Hungary, following what he described as a “long and productive” phone call.Cryptopolitan
Fri, Oct 17
Will the U.S. Government Shutdown Set a New Record? Dragging Into November, Thanksgiving at Risk
TradingKey - Growing concerns suggest the impasse could stretch into November, potentially making this the longest government shutdown in U.S. history — and threatening a disrupted Thanksgiving holiday.TradingKey
Thu, Oct 16
China-US Shipping Tensions Escalate: China Announces Countermeasures Against U.S. Vessels
TradingKey - On the afternoon of October 14 (local time), China’s Ministry of Commerce issued a statement in response to U.S. measures targeting China’s maritime, logistics, and shipbuilding sectors.TradingKey
Tue, Oct 14
US, China to roll out collecting port fees on each other's vessels — Reuters
The United States (US) and China on Tuesday will begin charging additional port fees on ocean shipping companies that transport everything from holiday toys to crude oil, Reuters reported on Tuesday. The US is scheduled to start collecting fees on October 14.Fxstreet
Tue, Oct 14
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