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Stock market today: Indexes slide as Biden plan to tighten China chip crackdown weighs on tech

The Biden administration is considering the strictest trade restrictions on foreign companies that …

Matthew Fox   


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Metal prices fall as China says it will release state stockpiles in effort to control a soaring commodities rally

The stockpile release is the latest move out of Beijing to try and clamp down on soaring commodity …

Emily Graffeo   


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Metal prices sink after China says it has zero tolerance for the commodity hoarders driving costs higher

China will show "zero tolerance" for monopoly behavior and hoarding to stop surging prices, said a …

Emily Graffeo   


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Global shares rise after the Fed signals no change in policy, while China calms investor concerns about regulatory crackdowns

China calmed investor concerns over regulatory crackdowns, while economic sentiment in the eurozone…

Sophie Kiderlin   


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Global stocks rise as China's commodity crackdown eases inflation worries, while bitcoin stabilizes

China's crackdown on commodity prices could help ease concerns of higher costs, given that it is a …

Shalini Nagarajan   


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China’s crypto crackdown is not likely to stop with Bitcoin mining — stablecoins, software, influencers are also on its radar

The crackdown on cryptocurrencies by China is unlikely to stop with Bitcoin mining. Authorities in …

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China is facing an energy crunch and a debt crisis, and economists are sounding the alarm

The problems are beginning to mount for the world's second-biggest economy, worrying analysts.

Harry Robertson   


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Oil slides more than 3% after Russia's total cut in natural gas supplies to Europe raises fears of recession

A mixture of demand and supply-side constraints are weighing on oil markets, but largely it is rece…

Zahra Tayeb   


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China’s crackdown on cryptocurrency trading will continue as its central bank raises the heat on financial institutions

Coming from the State Council's Financial Stability Committee, China's highest level financial…

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The EU is going after Russia's global oil sales by cracking down on anyone from insurers to ship owners, report says

Draft legislation suggests any European tanker or company could be banned from shipping or insuring…

Amanda Cooper   


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Top crypto exchange Binance cooked up a flawed plan to try to dodge a 'nuclear' crackdown by US watchdogs, report says

Any lawsuit from US regulators would be like "nuclear fall out" for Binance, an executive told coll…

Zahra Tayeb   


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US futures rise after Fed's Powell soothes inflation concerns, with tech stocks, commodities and crypto bouncing back

Tech stocks, commodities and crypto bounced as investor concern about inflation eased, while a slew…

Sophie Kiderlin   


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BlackRock downgrades Chinese stocks to neutral as the world's largest asset manager sees a 'rapidly worsening' outlook for the country's economy

"China's policymakers have heralded easing to prevent a growth slowdown – but have yet to fully act…

Carla Mozée   


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Evergrande and energy shortages are shaking China's economy. Here are the most exposed countries.

With a global trade share of 14%, changes in the Chinese economy will reverberate through supply ch…

Harry Robertson   


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The US has a chance to put China in the economic rearview mirror because of Xi's 'awkward regime shift,' BofA says

China's economic growth has outpaced the US's for decades. The Evergrande crisis and weak governmen…

Ben Winck,Andy Kiersz   


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US whistleblower Edward Snowden says China's crypto ban has made bitcoin stronger

US whistleblower Edward Snowden believes China's recent ban on cryptocurrency-related transactions …

Camomile Shumba   


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Mohamed El-Erian says China cracked down on bitcoin because it fears crypto could threaten national security and stability

Governments worry illegal payments and weak investor protection pose a threat to national security,…

Shalini Nagarajan   


Carla Mozée   


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Chinese citizens moved $50 billion of cryptocurrency out of the country in the past year to skirt foreign currency rules, a report says

A report by Chainalysis said Chinese people likely breached rules as the government only allows ind…

Saloni Sardana   


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4 mins read

Global stocks dive after China sets up a fresh showdown with Trump and shocks investors by announcing a new Hong Kong security law

China's ruling Communist Party has a tabled a motion to ban "treason, secession, sedition and subve…

Saloni Sardana