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President Trump criticizes EU antitrust battles with US tech giants, calling fines a form of taxation on American corporations. The EU has aggressively targeted American tech companies in recent years, imposing billions in fines for alleged anti-competitive behavior. Trump argues that these fines unfairly target American companies and hinder their growth. He also notes that the US is also investigating antitrust violations by tech companies, signaling a potential shift in the regulatory landscape for the industry.
Published on: January 24, 2025, 09:02 AM UTC
President Trump's executive action sets up a group to coordinate clear crypto regulation. It also evaluates a potential national digital asset stockpile and revokes Biden's 2022 crypto study order.
Published on: January 24, 2025, 09:01 AM UTC
President Trump's latest comments on China tariffs suggest a softer approach, but experts caution against dismissing his threats entirely. The US and China have a lot at stake in their trade relationship. The yuan rose and Chinese stocks gained after Trump's remarks.
Published on: January 24, 2025, 09:01 AM UTC
The S&P 500 set a record high after President-elect Donald Trump called for lower oil prices and interest rates. Stocks rose as Trump said he'd sign an executive order delaying the TikTok ban and would consider talking to the Fed about rates. Investors also await the Federal Reserve's policy meeting next week.
Published on: January 24, 2025, 08:03 AM UTC
President Trump signed an executive action to coordinate crypto regulation and evaluate a national digital asset stockpile. The order prohibits central bank digital currencies and revokes a Biden-era study on crypto assets.
Published on: January 24, 2025, 08:01 AM UTC
BOJ's Ueda leaves rate hike options open, yen gains after first rise since July
Published on: January 24, 2025, 08:01 AM UTC
Monte Paschi launches €13.3 billion takeover bid for rival Mediobanca, adding to Italy's banking consolidation wave. Read the latest on the proposed deal and its potential impact on the industry.
Published on: January 24, 2025, 08:01 AM UTC
President Trump orders creation of digital asset working group to explore U.S. cryptocurrency stockpile, weighing benefits and risks of strategic reserve.
Published on: January 24, 2025, 08:00 AM UTC
China's stock market shifts towards shareholder returns, with record buybacks and dividends emerging as companies prioritize investor rewards.
Published on: January 24, 2025, 08:00 AM UTC
China's yuan strengthens as Trump softens trade rhetoric, boosting risk assets
Published on: January 24, 2025, 07:02 AM UTC