Gold Prices Soar: Gold Bars Now Exceed $1 Million for the First Time EverRecent increases in gold prices have pushed the price of gold bars to surpass $1 million for the first time in history.
Trump Promises Tough Stance on China, EU with New Tariff ThreatsDonald Trump warned the Federal Reserve (Fed) not to lower the benchmark interest rate before the November election.
IMF Warns: U.S. Trade Sanctions on China Could Backfire on EconomyThe IMF has pointed out that trade sanctions against China negatively impact both the global and U.S. economies.
Apple's Worst Performance Since Pandemic: Q1 iPhone Sales Drop in ChinaIn the premium phone market, Huawei has gained market share over Apple’s iPhone According to a report by Bloomberg on the 23rd (local time), citing data from smartphone market research firm Counterpoint Research, iPhone sales in China plummeted by 19% in the first quarter of this year compared to the same period last year. This […]
Trump's Truth Social Plunges 21%: Bubble Burst or Temporary Setback?The popularity of Truth Social, which had a dazzling debut, has faded. Shares of Donald Trump’s social media company plunged 21% on Monday, wiping out the gains from its debut last week, returning to its pre-IPO price. The New York Times (NYT) commented, “The early fever fades.” According to foreign media, including the New York […]
U.S. Urges Allies to Limit Services to China The U.S. Commerce Department is asking allies to stop providing service for certain semiconductor manufacturing equipment sold to Chinese customers. This follows similar requests to the Netherlands and Japan after the US restricted exports of equipment for advanced semiconductor manufacturing...
US Treasury Secretary Yellen to Visit China as Semiconductor Battle EscalatesAmid the recent semiconductor war of nerves between China and the United States, US Treasury Secretary Janet Yellen is set to visit China next month, as reported by Politico on the 24th (local time). Yellen, who had previously sent a conciliatory message in a speech last December, stating that she would manage relations with China without rupture, […]
U.S. Government Urges South Korea and Germany to Participate in Semiconductor Export Regulation NetworkBloomberg reported on the 6th that the U.S. government has been pressuring South Korea and Germany into participating in strengthening the semiconductor export regulation network against China. This is interpreted as the U.S. urging other countries to participate in the regulation to fill the gaps that have been exposed despite semiconductor export regulations, such as […]
NVIDIA Surpasses Saudi Aramco to Become Third-Largest Company by Market CapAmid the boom in artificial intelligence (AI), NVIDIA, a semiconductor manufacturer, has surpassed Saudi Aramco, the world’s largest oil company, to become the world’s third-largest company by market capitalization. The only companies ahead of NVIDIA are Apple and Microsoft. According to Bloomberg, NVIDIA’s market cap on the 4th (local time) surpassed $2 trillion for the […]
Russia and Saudi Arabia Demand OPEC...Is Iran Under Intensifying Pressure? Saudi Arabia and Russia have called on OPEC+ members to fulfill the agreement to cut oil production. The two countries emphasized the stability of their oil markets and stressed cooperation...
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