According to the Wall Street Journal, Ontario, Canada will impose a 25% export tax on electricity exported to the United States.
On February 15th, according to US media reports, chip manufacturing giant TSMC may take over the chip manufacturing business of Intel Corporation in the United States. According to the report, according to people familiar with the matter, in response to the deteriorating operating conditions, Intel's board of directors began to approach TSMC at the end of last year to explore the possibility of cooperation between the two parties. The negotiations are at an early stage, and the form of cooperati...
Las Vegas businessperson Brent C. Kovar first appeared in court on February 14 on suspicion of cryptocurrency fraud, according to the U.S. Attorney's Office of Nevada. Prosecutors accused him of fraudulently claiming to use artificial intelligence to mine and verify cryptocurrency transactions through his company Profit Connect between the end of 2017 and July 2021, promising an annualized yield of 15% -30% and providing a full refund guarantee, defrauding more than 400 investors of about $24 mi...
The European Union's executive commission said on Friday it would respond "firmly and immediately" to tariff increases resulting from US President Donald Trump's proposed "reciprocal" trade policy, calling it unjustified and a step in the wrong direction. "The European Union maintains some of the lowest tariffs in the world and there is no reason for the US to increase tariffs on European Union exports," the commission said in a statement. More than 70 per cent of imports enter the European Unio...
According to the SEC meeting memo, on February 5, 2025, crypto task force staff met with representatives from Jito Labs and Multicoin Capital Management, during which two main topics were discussed: 1. The feasibility of including a pledge function in exchange-traded products (ETPs); 2. Pledging model scheme for specific cryptoasset ETPs. The inclusion of a pledge function in an ETP will benefit investors, more accurately reflect the value of native network assets, and allow issuers to...
According to Bloomberg and the Wall Street Journal on February 14, citing sources, after receiving assurances from Pam Bondi, the attorney general appointed by US President Trump, Apple and Google will TikTok back on the shelves in their own app stores. According to sources, the two technology companies have received a letter from Bondi, which assures them that the resumption of listing TikTok "does not constitute illegal" and will not face legal consequences. After the above news broke, Reuters...
On February 2, the spokesperson of the Ministry of Foreign Affairs answered a reporter's question on the US announcement of a 10% tariff on Chinese products imported to the US. The US side imposed a 10% tariff on Chinese products imported to the US on the grounds of the fentanyl issue. China is strongly dissatisfied with this and firmly opposes it. It will take necessary countermeasures to firmly safeguard its own legitimate rights and interests. The US side should view and handle its own fentan...
On January 20th, according to CNN, citing sources familiar with the matter, on January 20th local time, the inauguration ceremony of US President-elect Trump will be held at the US Capitol. At that time, Trump will ride in the same car as current President Biden to the Capitol. Four years ago, Trump skipped Biden's inauguration, and the two did not ride together, but in January 2017, when Trump first became president of the United States, former US President Barack Obama and Trump attended the i...
On January 18th, according to the US technology media SemiAccurate, the media confirmed through multiple sources that a mysterious company intends to acquire Intel (INTC. O) as a whole. Affected by this news, Intel's share price rose by more than 9% on Friday. The latest report from investment community Seeking Alpha said that Citigroup analysts read the paid report and said in a report sent to clients, "The SemiAccurate paid report mentions Musk as a potential...
According to the US financial media Semafor, US President-elect Trump and Tesla CEO Elon Musk had dinner with Microsoft CEO at Mar-a-Lago.
The Federal District Court for the Southern District of New York issued a consent order against Gemini Trust Company LLC for providing false or misleading information in violation of the Commodity Exchange Act (CEA). Gemini was ordered to pay a $5 million civil penalty and is subject to a permanent injunction. The case involves that between July and December 2017, Gemini submitted false or undisclosed key information to the CFTC to support the self-certification of bitcoin futures contracts, inc...
Lee Hardman, FX analyst at MUFG, said the dollar should strengthen in the first half of 2025, buoyed by the likely swift implementation of tariffs by US President-elect Trump and the limited prospect of the Federal Reserve cutting interest rates. More upfront tariff increases support the bank's forecast for further dollar strength in the first half of the year. In addition, the Federal Reserve sent a clear signal in December that they would be much more cautious in further rate cuts this year. I...
On December 22, Zhu Fenglian, a spokeswoman for the Taiwan Affairs Office of the State Council, said that we firmly oppose the United States providing weapons to the Taiwan region of China in any way, and this position is consistent and clear. This move by the US seriously violates the one-China principle and the three Sino-US joint communiques, especially the "August 17" communique. It violates the serious commitment of its leaders not to support "Taiwan independence" and sends a serious wrong ...
Since Trump's election victory, nearly $10 billion net has flowed into US-listed spot funds, with about 83% of that money going to BlackRock's IBIT, but some ETFs are still outperforming others. Invesco-Galaxy's BTCO investment has proven to be far ahead of other bitcoin ETFs, with BTCO having netted around 8,740 BTC at $418.90 million to date, with a position value of $860.60 million, implying a shareholder gain of more than 100% on the ETF; in contrast, while BlackRock IBIT acquired around 523...
According to US media reports, Nvidia CEO Huang Renxun took advantage of the well-known loopholes in the US federal estate tax and gift tax to avoid taxes, or close to 8 billion US dollars (about 58.10 billion yuan).