Finance
The recent commercial conflict between the United States and China could have major consequences for Europe. After briefly imposing tariff threats, President Trump announced a 90-day pause on foreign product surcharges, yet maintained stiff tariffs against China. Chinese products now face 145% tariffs when entering the US market, a prohibitive
Bitcoin
Spot bitcoin exchange-traded funds (ETFs) saw $326.27 million in outflows on Tuesday, marking the largest single-day withdrawal since March 11. The timing aligns with President Trump's new tariffs that went into effect at midnight Wednesday as reported by BTC Peers. BlackRock's IBIT fund led the
Finance
Kazakhstan has announced the discovery of a significant rare earth deposit in the Karaganda region, with potential reserves that could rank the country third worldwide for such resources. The announcement came just before the EU-Central Asia summit in Uzbekistan. The site, named "New Kazakhstan," contains nearly one million
Finance
Australia on Thursday refused China's proposal to form an alliance against US tariffs, with Deputy Prime Minister Richard Marles explicitly stating that Australia would not be "holding hands with China" in global trade disputes. "We are not doing that. What we are doing is pursuing
Crypto
Apollo Global Management has made a seven-figure investment in Plume Network, a company specializing in tokenizing real-world assets. The investment, made through Apollo-managed funds, will support the growth of Plume's ecosystem, according to a statement released Tuesday as reported by BTC Peers. Plume Network functions as a modular,
Finance
India has withdrawn a key transit facility that allowed Bangladesh to move export cargo through Indian territory to third countries. The decision, announced in Circular No. 13/2025-Customs on April 8, comes shortly after US President Donald Trump's reciprocal tariffs announcement on April 2. The cancellation effectively ends
Politics
Indonesian President Prabowo Subianto announced Wednesday that Indonesia will provide temporary shelter for Palestinians wounded and orphaned in the ongoing Israel-Hamas war in Gaza. The country is prepared to take immediate action to help those affected by the conflict. "We are ready to evacuate those who are injured or
Crypto
Strategy, the world's largest publicly listed corporate Bitcoin holder, did not purchase any Bitcoin during the week of March 31 to April 6, according to an April 7 filing with the US Securities and Exchange Commission. This halt in acquisitions occurred as Bitcoin prices dropped below $87,000
Finance
Mexico has begun discussions with private sector companies about expanding fracking operations to reduce its heavy dependence on U.S. natural gas imports, according to a Financial Times report published Tuesday. These talks come amid growing trade tensions between the two countries. The country currently imports 72% of its total
Finance
European Commission President Ursula von der Leyen called on China to work toward a negotiated solution regarding the extensive import tariffs recently imposed by US President Donald Trump. The appeal came during a Tuesday phone call with Chinese Premier Li Qiang. Von der Leyen pointed out that Europe and China,
Crypto
Malta's Financial Intelligence Analysis Unit (FIAU) has imposed a 1.1 million euro ($1.2 million) fine on Okcoin Europe, the European arm of cryptocurrency exchange OKX. The penalty was announced on April 3 for violations of Anti-Money Laundering laws as reported by BTC Peers. The FIAU acknowledged
Politics
Global markets suffered major losses Monday as President Donald Trump's new tariff plan caused widespread economic turmoil. Asian markets were hit particularly hard, with the Nikkei 225 dropping 6.5 percent, Taiwan stocks falling nearly 10 percent, and Singapore markets down 8.5 percent. Trump defended his approach