China Holds Major Drills Around Taiwan as ‘Warning’ to President Lai
China's Army, Navy, Air Force and Rocket Force conducted large-scale joint military exercises around Taiwan on Monday. The People's Liberation Army (PLA) said these coercive drills were aimed at “a stern warning against the secessionist actions of 'Taiwan independence' forces.” To emphasize this point, the exercise was named “Joint Sword-2024B” by the Chinese military. Joint […]
Biden to Send THAAD Missile Defense System to Israel, Rekindling Spat with China
The US Department of Defense announced on Sunday that it will deploy Terminal High Altitude Area Defense (THAAD) missile defense batteries to Israel in response to the continuing threat from Iran. While the announcement was warmly welcomed by the Israeli government, it drew loud opposition from communist China, which has long opposed the deployment of […]
Gold (XAU) Price Forecast: Bullish Momentum Builds Amid China Stimulus Hopes – FX Empire
Daily Gold (XAU/USD)Gold has surpassed the $2645.01 mark and is currently acting as an important short-term support level. If the price sustains above this level, there is room for upside and a possible rally towards the all-time high of $2,685.64. However, if it fails to sustain above this level, it could see a pullback towards […]
Commodities Steady as China Pledges More Support for Growth – Yahoo Finance
(Bloomberg) — Commodity prices stabilized after China pledged more support for its stagnant economy. Most Read Articles on Bloomberg Although the Treasury stopped short of revealing specific spending plans for fiscal stimulus at a closely watched conference on Saturday, investors were reassured by the Treasury's promise to boost growth. The plan includes further support for […]
Civil Servants Cancelled Taiwan Visit to Mollify China
The British Foreign Office has blocked former Taiwanese President Tsai Ing-wen's plans to visit China next month because it could jeopardize her visit to China next month, according to a report. Tsai Ing-wen plans to step down as president of the Republic of China and Taiwan in May of this year and embark on a […]
Hyper-local vs. hyper-focused: Two China ETFs go on different paths – CNBC
Two exchange-traded funds (ETFs) are targeting profits in China with two different strategies. While the Rayliant Quantamental China Stock ETF invests in specific regions, the newly launched Round Hill China Dragons ETF buys China's largest stocks. ”[It’s] Dave Mazza, CEO of Round Hill Investments, said this week on CNBC's “ETF Edge.” Zoom in iconarrow pointing […]
‘Promising’: Navy Ship Carries Out Vital Task That Could Give US Edge Over China If War Broke Out In Taiwan
The U.S. Navy conducted the first successful replenishment of a warship weapons system at sea using the Transportable Rearmament Mechanism (TRAM) of the USS Chosin, officials announced Friday. During a demonstration 30 miles off the coast of San Diego, sailors aboard the cruiser USS Chosin used a hydraulically-powered TRAM to insert an empty missile shell […]
Gold prices advance past CPI data; Copper surges with China stimulus in focus – Investing.com
Investing.com — Gold prices rose in Asian trading on Friday, extending their overnight gains as solid U.S. inflation data was offset somewhat by a soft outlook for the labor market. Among industrial metals, copper prices soared on hopes of further stimulus from China's fiscal stimulus. A weaker dollar, off a two-month high, lifted broad metal […]
Slotkin’s Support of EV Mandates Is Ceding Auto Market to China
Former Rep. Mike Rogers (R-Mich.) criticized Rep. Elissa Slotkin (D-Mich.) for her history of supporting electric vehicle (EV) mandates during Tuesday's Michigan Senate debate. did. The auto industry has proven to be one of the most important issues in both Michigan's presidential and U.S. Senate races, and it was a hot topic Tuesday night. clock: […]
Trump 'God Bless the USA' Bibles printed in China, records show
Thousands of copies of former President Donald Trump's “God Bless America” Bible were printed in China, a review of trade records reveals. Associated Press. According to the Associated Press, records show a printing company in eastern China shipped about 120,000 copies of the Trump Bible to the United States in three separate shipments between February […]