The U.S. military's recent strike on Iran's nuclear program raises questions about the future of oil prices. Analysts weigh the potential for increased prices against the backdrop of ongoing geopolitical tensions and their effects on oil exports.
In a bold move, Taiwan has blacklisted Huawei and SMIC, intensifying the tech rivalry and impacting China's AI chip ambitions. Discover the implications of this significant decision!
Taiwan's economy ministry has updated its trade regulations, requiring government approval for local companies to export to certain tech firms. This move escalates the ongoing tensions between Taiwan and China, with implications for global supply chains.
Gold prices have rallied after experiencing their largest drop this year, as traders respond to mixed signals regarding US tariffs on China. With prices nearing $3,330 an ounce, investors are keenly watching market developments.
Asian equities fell sharply as fears of a global trade war escalate, triggered by President Trump's new tariffs. Technology shares, particularly Nvidia, suffered a major sell-off, impacting market sentiment.