POPULARITY
A discussion of trending China news articles published in w/c 12th May. We discuss the outcome of the China-US tariff deal and how no one in China seems to really care. Starbucks is losing out to domestic coffee brands as its lack of strategy and reliance of hollow premium branding fall flat. Also, Xi's success with Latin American and Caribbean countries, and China's role in the India-Pakistan dispute.For the full version please head over to Buy Me a Coffee and consider becoming a supporter today for as little as £5: https://www.buymeacoffee.com/sinobabblepodLinks: https://www.economist.com/china/2025/05/13/a-great-trade-victory-over-america-is-being-celebrated-in-chinahttps://www.globaltimes.cn/page/202505/1334079.shtmlhttps://www.chinadaily.com.cn/a/202505/15/WS682520e7a310a04af22bf58c.htmlhttps://www.scmp.com/business/china-business/article/3310407/starbucks-kicks-process-sell-stake-its-sprawling-china-business-growth-stalls?utm_source=rss_feedhttps://www.channelnewsasia.com/commentary/chagee-mixue-luckin-china-chains-global-success-5086271https://www.chinadaily.com.cn/a/202505/15/WS68252021a310a04af22bf57a.htmlhttps://fortune.com/asia/2025/05/14/colombia-joins-beijing-belt-road-initiative-china-us-fight-control-latin-america/https://www.theguardian.com/world/2025/may/14/pakistans-use-of-j-10c-jets-and-missiles-exposes-potency-of-chinese-armsSupport the showSign up for Buzzsprout to launch your podcasting journey: https://www.buzzsprout.com/?referrer_id=162442Subscribe to the Sinobabble Newsletter: https://sinobabble.substack.com/Support Sinobabble on Buy me a Coffee: https://www.buymeacoffee.com/Sinobabblepod
In this episode of world news… We give you the dope on the pope with special reports from BOTH Rome and Chicago, where the world's first US pontiff comes from. We'll also try to explain India and Pakistan's conflict – the aerial dogfight (which is not at all as cute as it sounds) and ceasefire. China and the US agree on some new, cheaper tariffs. The Australian dog lost on Kangaroo Island is trapped and found – confused? Don't worry, we'll tell you all. And we'll also tell you why those kooky Kiwis love the ugly blobfish.
Truth Be Told with Booker Scott – Over a two-day summit in Geneva, U.S. and Chinese negotiators claimed initial consensus on a trade agreement, pausing escalated tariffs for 90 days to draft a comprehensive final implementing deal. Despite mutual praise for ‘substantial progress,' skeptics highlight China's history of unmet trade commitments since its 2001 WTO entry, urging caution before trusting any promises.
Dan Nathan talks with Peter Boockvar from Bleakley Financial Group about the recent developments in the China-US trade deal and its implications on various markets, including stocks, currencies, and commodities. They delve into the impact of tariff rates, the economic strategies of both countries, and the potential scenarios that could play out over the next few months. Peter highlights China's advancements in technology and manufacturing, and how these changes affect global economic dynamics. They also discuss the potential effects on corporate tax rates, investment strategies, and the broader economic landscape, emphasizing the challenges businesses face in this uncertain environment. The episode concludes with thoughts on the future of the financial markets, the importance of international investments, and perspectives on gold and other assets. Get Peter's Newsletter: https://peterboockvar.substack.com/ —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media
China and the United States should return to a path of dialogue and win-win cooperation and shoulder their shared responsibility as major powers to serve as anchors for global peace and prosperity, Chinese officials and international experts said on Tuesday.中国官员和国际专家周二表示,中美两国应重回对话合作、合作共赢之路,共同承担大国责任,成为世界和平与繁荣的稳定器。Liu Jianchao, head of the International Department of the Communist Party of China Central Committee, said the world is closely watching China-US relations because of their significance to each other and to humanity at large.中共中央对外联络部部长刘建超表示,中美关系对彼此乃至全人类都至关重要,世界各国都密切关注。"It is our consistent view that China and the US must live in peace. Conflict and confrontation are not our options," Liu said at the opening ceremony of the Fourth Wanshou Dialogue on Global Security in Beijing. "We hope that the US side will join us in pursuing dialogue, partnership and win-win cooperation instead of confrontation, alliances and zero-sum games."刘建超在北京举行的第四届万寿国际安全研讨会开幕式上表示:“我们始终认为,中美必须和平相处,冲突对抗不是我们的选择。我们希望美方与我们一道,致力于对话、伙伴关系、合作共赢,而不是对抗、结盟和零和博弈。”The two-day forum, themed "Universal Security in a Turbulent World: The Responsibility of Major Countries", brought together officials, scholars and experts from across the globe to explore how the international community can reduce tensions and conflictsand build a more peaceful and prosperous world.�为期两天的论坛主题为“动荡世界中的普遍安全:大国的责任”,来自世界各地的官员、学者和专家齐聚一堂,共同探讨国际社会如何减少紧张与冲突,建设一个更加和平与繁荣的世界。Liu's remarks followed a high-level China-US economic and trade meeting concluded on Sunday in Geneva, Switzerland, which he said produced some positive outcomes.刘建超是在周日于瑞士日内瓦结束的中美经贸高级别会谈之后发表上述讲话的。他表示,此次会谈取得了一些积极成果。"We hope that the United States will build on this meeting, continue to work with China in the same direction, fully rectify its wrong practice of unilateral tariff hikes, keep strengthening mutually beneficial cooperation, uphold the sound, stable and sustainable development of China-US economic and trade relations, and jointly inject more certainty and stability into the world economy," he said.“我们希望美方在此次会议基础上,继续与中方相向而行,彻底纠正单边加征关税的错误做法,不断加强互利合作,维护中美经贸关系健康、稳定、可持续发展,共同为世界经济注入更多确定性和稳定性。”Liu also reiterated China's commitment to being a constructive force for peace, stability and progress, and said the country will continue to promote open and inclusive economic globalization and pursue common development for all countries.刘建超还重申,中国致力于做和平、稳定、进步的建设性力量,并表示中国将继续推动开放包容的经济全球化,实现各国共同发展。Participants at the forum criticized Washington's use of tariffs, investment barriers and trade restrictions as tools to pressure other countries, and voiced concerns that the world's two largest economies risk drifting further into confrontation.�论坛与会者批评美方利用关税、投资壁垒和贸易限制作为向其他国家施压的工具,并表示担心世界两大经济体可能进一步陷入对抗。 Douglas Bandow, a special assistant to former US president Ronald Reagan and a senior research fellow at the Cato Institute, said the United States and China bear a disproportionate responsibility to act not only in their own interests, but also for the benefit of the wider world.美国前总统罗纳德·里根的特别助理、卡托研究所高级研究员道格拉斯·班多表示,美国和中国肩负着不成比例的责任,不仅要为自身利益采取行动,也要为更广阔的世界利益采取行动。 "Our governments and peoples must find our way to work through present difficulties and disputes into a better, more prosperous and peaceful future," Bandow said. "Disagreements are sure to remain. Nevertheless, our peoples must remain in communion with one another, and our governments must pursue dialogues and policies which preserve communication, allow compromise, promote conciliation and encourage cooperation."“我们的政府和人民必须找到解决当前困难和争端的方法,迈向更美好、更繁荣、更和平的未来,”班多说。“分歧肯定会存在。然而,我们的人民必须保持相互沟通,我们的政府必须推行对话和政策,以保持沟通,允许妥协,促进和解,鼓励合作。”Benny Octaviar, former head of Indonesian Military Research Center and coordinating expert for the Indonesian National Armed Forces Commander, said major countries must reject zero-sum thinking and behave as responsible stakeholders in maintaining the international order.印尼军事研究中心前主任、印尼国家武装部队司令协调专家本尼·奥克塔维亚尔表示,大国必须摒弃零和思维,在维护国际秩序方面扮演负责任的利益攸关方的角色。"Sovereign equality, mutual benefit and peaceful coexistence should be the guiding principles instead of double standards or geopolitical containment," he said.他说:“主权平等、互利共赢、和平共处应该成为指导原则,而不是双重标准或地缘政治遏制。”Andrey Kortunov, former director general of the Russian International Affairs Council, spoke in support of globalization, saying it is not a national strategy but an inevitable stage in human development.俄罗斯国际事务委员会前总干事安德烈·科尔图诺夫支持全球化,称全球化不是国家战略,而是人类发展的必然阶段。"It can be slowed down, but it cannot be completely stopped or reversed," he said.他说:“全球化可以被减缓,但不能完全停止或逆转。”Kortunov said responsible major powers must master multilateralism, as simply multiplying centers of power will not automatically bring global security or stability.科尔图诺夫表示,负责任的大国必须掌握多边主义,因为仅仅增加权力中心并不会自动带来全球安全或稳定。"It is important to learn how to manage relations among nations in such a way that unavoidable competition would not overshadow cooperation, and would not turn into outright confrontation," he said.他说:“重要的是学会如何处理国家间关系,使不可避免的竞争不会掩盖合作,也不会演变成彻底的对抗。”tussle/ˈtʌsl/v./n.争斗;争执multilateralism/ˌmʌltiˈlætərəlɪzəm/n.多边主义rectify/ˈrektɪfaɪ/v.纠正,矫正zero-sum/ˈzɪəroʊ sʌm/adj.零和的
Business groups and economists have welcomed the tariff adjustment measures announced by China and the United States on Monday, expressing the hope that the 90-day triple-digit tariff respite will allow both countries to further de-escalate trade tensions.中美两国周一宣布的关税调整措施受到商界团体和经济学家的欢迎,他们希望这项为期90天的三位数关税缓和政策能够为两国进一步缓解贸易紧张关系创造条件。While this provisional agreement marks a notable development in China-US trade relations, analysts warned that business communities should maintain a measured approach, rather than be overly optimistic, as uncertainties still surround the sustainability of the deal and future trade negotiations.尽管这项临时协议标志着中美贸易关系取得显著进展,但分析人士警告称,商界应保持审慎态度,不应过度乐观,因为该协议的可持续性和未来的贸易谈判仍然存在不确定性。According to a joint statement released by the world's two largest economies after a high-level meeting held over the weekend in Geneva, Switzerland, the US has agreed to slash its 145 percent tariffs on Chinese imports to 30 percent, while China has agreed to lower its tariffs on US goods to 10 percent from 125 percent.根据世界两大经济体上周末在瑞士日内瓦举行的高层会晤后发表的联合声明,美国同意将对中国进口商品征收的145%的关税削减至30%,而中国同意将对美国商品征收的关税从125%降至10%。Thomas Fullerton, an economist and a professor of economics at the University of Texas at El Paso, told China Daily that the 90-day triple-digit tariff respite "will help reduce the odds of a deep 2025 business-cycle contraction in both (the US and China), as well as in Latin America and other regions".德克萨斯大学埃尔帕索分校经济学家兼经济学教授托马斯·富勒顿告诉《中国日报》,为期90天的三位数关税暂缓期“将有助于降低中美以及拉丁美洲和其他地区在2025年出现严重经济周期性衰退的可能性”。"International trade volumes will temporarily accelerate as companies place merchandise import orders that had previously been sidelined," he said.他表示:“随着企业下达此前被搁置的商品进口订单,国际贸易量将暂时加速增长。”Pesitro Healthcare Products Co, a manufacturer of oral care products based in Yangzhou, Jiangsu province, and a longtime supplier to Walmart in the US, expects a significant increase in orders from North American customers.总部位于江苏扬州的口腔护理产品制造商华腾个人护理用品有限公司,是美国沃尔玛的长期供应商,该公司预计来自北美客户的订单将大幅增长。"People are accelerating their purchases because no one can predict future tariff dynamics," said Mu Longsheng, the company's marketing director. "The looming possibility of tariffs rising to 54 percent after 90 days has created additional urgency among North American buyers to secure inventory while rates are still low."“由于无人能够预测未来的关税走势,大家都在加快采购。”该公司市场总监穆龙生说,“90天后关税可能升至54%的预期,使得北美买家更急于在当前税率较低时确定库存。”"The return of the US market is largely attributed to China's resolute countermeasures. Standing firm has earned us the respect and the orders we deserve," Mu added.“美国市场的复苏很大程度上归功于中方的坚决反制。我们的坚定立场为我们赢得了应有的尊重和订单,”穆补充道。Jake Colvin, president of the National Foreign Trade Council based in Washington, DC, said the temporary agreement "cools the rapidly escalating trade war and gives some reprieve to US businesses and consumers".位于华盛顿特区的美国全国对外贸易委员会主席杰克·科尔文表示,这项临时协议“为迅速升级的贸易战降温,并给美国企业和消费者带来了一些喘息的机会”。"However, a temporary pause is just that," he said in a statement. "We urge the administration to continue engagement with China to come to a lasting agreement that will allow American companies to make long-term plans in a more stable and certain environment."“然而,暂时的停摆也只是暂时的,”他在一份声明中表示。“我们敦促政府继续与中方接触,达成一项持久的协议,使美国企业能够在更稳定、更确定的环境中制定长期计划。”US President Donald Trump told reporters on Monday that he was certain a long-term deal would be reached. If it is not, the tariffs will not go back to 145 percent after the 90-day pause ends, but "will go up substantially", he said.美国总统唐纳德·特朗普周一告诉记者,他确信会达成一项长期协议。他表示,如果未能达成,关税在90天的停摆期结束后不会恢复到145%,而是“将大幅上调”。Long battle ahead旷日持久的战斗Analysts expect a long-drawn-out battle ahead, because they believe the gaps between China and the US on existing tariffs and nontariff barriers have further complicated the negotiations.分析人士预计,未来将是一场旷日持久的博弈,因为他们认为,中美在现有关税和非关税壁垒方面的分歧进一步加剧了谈判的复杂性。Gao Lingyun, a researcher at the Chinese Academy of Social Sciences' Institute of World Economics and Politics, said that despite the progress made in tariff reduction, the current overall duty rates continue to weigh heavily on companies and consumers on both sides of the Pacific Ocean.中国社会科学院世界经济与政治研究所研究员高凌云表示,尽管在降低关税方面取得了进展,但目前整体税率依然对两岸企业和消费者造成较大压力。Resolving this hefty tariff issue will, therefore, remain a key priority during upcoming negotiations, he said.因此,他表示,解决这一高额关税问题仍将是即将举行的谈判的首要任务。More important, the discussions are expected to expand into the realm of nontariff barriers. Areas such as investment regulations, market access and the supply of critical raw materials are likely to feature prominently on the agenda, he added.更重要的是,预计谈判将扩展到非关税壁垒领域。他补充说,投资监管、市场准入和关键原材料供应等领域可能会成为谈判的重点。Gao noted that both China and the US have long-standing concerns in these areas, and addressing them will be crucial for achieving a comprehensive and durable trade agreement.高凌云指出,中美双方长期以来都对这些领域存在关切,解决这些问题对于达成一项全面持久的贸易协定至关重要。Luo Zhiheng, chief economist at Yuekai Securities, said, "The results of any future negotiations will ultimately be determined by how each side leverages its power and economic resilience."粤开证券首席经济学家罗志恒表示:“未来任何谈判的结果最终都将取决于双方如何利用各自的实力和经济韧性。”The outcome of the talks represented a notable shift from the "maximum pressure" approach that had characterized the previous China trade policy of the US, he said.他表示,此次谈判的结果标志着美国对华贸易政策明显偏离了以往“极限施压”的策略。When confronted with China's firm countermeasures, the effectiveness of such unilateral actions proved less substantial than initially projected, leading to a necessary recalibration of the US' negotiating position, Luo said.罗志恒表示,面对中国的强硬反制措施,此类单边行动未能产生预期效果,因此美国有必要重新调整谈判立场。respite/ˈrespɪt/n.暂缓,喘息calibration/ˌkælɪˈbreɪʃən/n.校准;调适nontariff barriern.非关税壁垒durable/ˈdjʊərəbl/adj.持久的,耐用的
Asian markets swing as China-US trade euphoria fades; Chinese stocks rally as Tencent, Alibaba report earnings; Frasers Property offers to privatise their trust. Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region. Written and hosted by: Emily Liu (emilyliu@sph.com.sg) Produced and edited by: Chai Pei Chieh & Claressa Monteiro Produced by: BT Podcasts, The Business Times, SPH Media --- Follow Market Focus Daily and rate us on: Channel: bt.sg/btmktfocus Amazon: bt.sg/mfam Apple Podcasts: bt.sg/mfap Spotify: bt.sg/mfsp YouTube Music: bt.sg/mfyt Website: bt.sg/mktfocus Feedback to: btpodcasts@sph.com.sg Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice. Discover more BT podcast series: BT Money Hacks at: bt.sg/btmoneyhacks BT Correspondents at: bt.sg/btcobt BT Podcasts at: bt.sg/podcasts BT Branded Podcasts at: bt.sg/brpod BT Lens On: bt.sg/btlensonSee omnystudio.com/listener for privacy information.
Apple brings a slew of new accessibility features to its devices, and James Thatcher shares what the effect of the China-US tariff pause is likely to be on tech purchases.Starring Jason Howell, Tom Merritt, and James Thatcher.Links to stories in this episode can be found here.
A daily non-partisan, conversational breakdown of today's top news and breaking news stories Headlines: – Welcome To Mo News (02:00) – U.S & China Temporarily Pause Tariffs Ahead Of More Negotiations (07:00) – President Trump Trying To Force Drug Companies To Lower Prices (14:00) – Last American Hostage Held In Gaza Is Free (24:00) – President Trump Says It Would Be “Stupid” To Not Accept Plane From Qatar (28:40) – Major Airlines Set to Meet This Week After More Equipment Failures (34:00) – Republican Plan Would Cut $715 Billion In Medicaid Spending (37:15) – Diddy's Sex Trafficking Trial Underway With Graphic Testimony (40:25) – On This Day In History (42:40) Thanks To Our Sponsors: – LMNT - Free Sample Pack with any LMNT drink mix purchase – Shopify – $1 per-month trial Code: monews – Sonic Power - 20% off | Promo Code: MONEWS – Surfshark - 4 additional months of Surfshark VPN | Code: MONEWS – Industrious - Coworking office. 30% off day pass – Athletic Greens – AG1 Powder + 1 year of free Vitamin D & 5 free travel packs
It's Tuesday, May 13th, A.D. 2025. This is The Worldview in 5 Minutes heard on 125 radio stations and at www.TheWorldview.com. I'm Adam McManus. (Adam@TheWorldview.com) By Kevin Swanson Four Christian families evicted in Laos Four Christian families have lost their homes, after being evicted from their village in north-western Laos a week ago. They were forced to leave their possessions behind, and leave their home in the Luang Namtha province in northern Laos, near the border of Thailand. BarnabasAid.org has provided funds to cover the believers' immediate needs for rice, cooking oil, hygiene products, and other essentials. United Kingdom's disturbing euthanasia bill The United Kingdom House of Commons is considering a euthanasia bill. A rather macabre government appraisal has estimated a cost savings of 59.6 million pounds for the killing of 1,000 and 4,500 people per year. The government report also noted other cost savings from the “social care sector and in social security payments.” The bill would allow the killing of a person whom doctors prophesy to only have six months or less to live. Deuteronomy 27:25 speaks to this when the leaders of Israel said, “Cursed is the one who takes a bribe to slay an innocent person. And all the people shall say, ‘Amen!'” Christian clerk, who refused to certify homosexual “marriage,” goes before Supremes Liberty Counsel, a Christian legal advocacy group, will be appealing to the U.S. Supreme Court for Kentucky Clerk Kim Davis of Rowan County. She is arguing that the U.S. Constitution's First Amendment protects her from liability and damages for refusing to issue a “same-sex marriage” license against her religious beliefs. Liberty Counsel Founder and Chairman Mat Staver said that the case “underscores why the U.S. Supreme Court should overturn Obergefell v. Hodges because that decision threatens the religious liberty of many Americans who believe that marriage is a sacred institution between one man and one woman.” Closer to nuclear war today The Bulletin of Atomic Scientists has moved the Doomsday Clock to 89 seconds before midnight. The clock, which estimates the risks of nuclear war, has been in operation for 70 years. During the Cuban Missile Crisis, the clock moved to 7 minutes to midnight. After the fall of the Berlin Wall, the clock moved to 17 minutes. The clock moved to 2 minutes in 2018, and now 89 seconds to midnight in 2025. The organization attributes “profound global instability and geopolitical tension” to the moving of the needle. “King of Kings” animated film makes $65 million The Mormon-owned Angel Studios has succeeded again — with the film “King of Kings,” an animated story of a little boy who takes a journey through events in the life of Jesus. (audio clip of trailer) FATHER: “Our story begins 2,000 years ago, when baby Jesus came into the world.” SON: “Wait, wait, stop. If it's not about a king, then I'm not interested!” FATHER: “This story is about the King of kings.” SON: “Wow!” FATHER: “It has angels and wicked kings and miracles.” SON: “Look at all the fish.” FATHER: “Oh, so you want to hear the story now?” SON: “Uh-huh!” So far, the film has collected $65 million at the box office. That exceeds the Angel Studios' previous box office total of $14 million for the film, “His Only Son” on Abraham's trek to Mount Moriah. Last year's film, “Cabrini,” produced by Angel Studios, was a treatment of the Roman Catholic saint by the name of Maria Francesca Cabrini who established 67 schools and orphanages in New York City in the late 1800s for poor, Italian immigrants. This production earned $21 million at the box office. The Mormon-owned studio's top box office hit was “The Sound of Freedom,” earning $251 million in 2023 — a film on the subject of sex trafficking. The Chief Executive Officer of Angel Studios is Neal Harmon, a Mormon. Tentative trade agreement between China and America U.S. President Donald Trump announced Monday a temporary China-US trade agreement, which would cut U.S. tariffs on Chinese imports from 145% to 30%. China would cut their tariffs on U.S. imports from 125% to 10%. TRUMP: “Yesterday, we achieved a total reset with China. After productive talks in Geneva, both sides now agree to reduce the tariffs imposed after April 2nd to 10% for 90 days as negotiators continue in the largest structural issues. “That doesn't include the tariffs that are already on, that are our tariffs, and it doesn't include tariffs on cars, steel, aluminum, or tariffs that may be imposed on pharmaceuticals because we want to bring the pharmaceutical businesses back to the United States. They're already starting to come back now, based on tariffs, because they don't want to pay 25%, 50%, or 100% tariffs. So, they're moving them back to the United States. “The talks in Geneva were very friendly. The relationship is very good. We're not looking to hurt China. China was being hurt very badly. They were closing up factories. They were having a lot of unrest, and they were very happy to be able to do something with us. The relationship is very, very good. I'll speak to President Xi maybe at the end of the week.” The deal will operate during a trial period of 90 days. U.S. government debt spirals higher The U.S. government is still on a big spending spree. The U.S. Treasury records a $1.049 trillion budget deficit for the first seven months of fiscal 2025. That's up 23% over a year earlier. Social Security spending is up 9% year-over-year. Outlays reached a record number of $4.159 trillion for the year to date. Gutsy GOP Congresswoman wants to defund Planned Parenthood And finally, Breitbart News reports that Republican Congresswoman Mary Miller of Illinois is behind a move to defund Planned Parenthood's abortion funding through the budget reconciliation process. Miller noted that “abortions made up 97.1% of Planned Parenthood's pregnancy services from 2021-2022, performing nearly 400,000 abortions.” The House Committee on Energy and Commerce released a portion of the proposed bill on Monday, with the provision to strip abortion providers of funding. Mary Miller is a homeschooling mom of seven and grandmother of 20, hailing from the state of Illinois. Proverbs 24:11-12 reminds us, “Deliver those who are drawn toward death, and hold back those stumbling to the slaughter. If you say, ‘Surely we did not know this,' does not He who weighs the hearts consider it? He who keeps your soul, does He not know it? And will He not render to each man according to his deeds?” Close And that's The Worldview on this Tuesday, May 13th, in the year of our Lord 2025. Subscribe for free by Spotify, Amazon Music or by iTunes or email to our unique Christian newscast at www.TheWorldview.com. Or get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.
00:08 — Mouin Rabbani is a nonresident fellow at the Middle East Council on Global Affairs, previously principal political affairs officer with the Office of the UN Special Envoy of the Secretary-General for Syria. 00:33 — Jake Werner, Research Fellow at the Quincy Institute. His research examines the emergence of great power conflict between the US. The post Trump Middle East Tour in Wealthy Gulf Nations; Plus, China-US Trade War Truce appeared first on KPFA.
Markets in the US and Europe have rallied off the back of trade tensions easing between China and the US. On Wall Street, the S&P surged more than 3 per cent, while the Nasdaq catapulted 4.4 per cent higher.
Thanks for listening to The Morning Five! Thanks for listening, rating/subscribing The Morning Five on your favorite podcast platform. Learn more about the work of CCPL at www.ccpubliclife.org. Michael's new book, The Spirit of Our Politics: Spiritual Formation and the Renovation of Public Life, is now available! You can order on Amazon, Bookshop.org, Barnes & Noble, or at your favorite local bookstore. Join the conversation and follow us at: Instagram: @michaelwear, @ccpubliclife Twitter: @MichaelRWear, @ccpubliclife And check out @tsfnetwork Music by: King Sis #politics #faith #prayer #Ephesians4 #PopeLeoXIV #healthcare #China #US #drugprices #executiveorder #trade #economics #tariffs Learn more about your ad choices. Visit megaphone.fm/adchoices
Connect with Early Riders // Connect with OnrampPresented collaboratively by Early Riders & Onramp Media…Final Settlement is a weekly podcast covering the underlying mechanics of the bitcoin protocol, its ongoing development and funding, and real-world applications of the technology.00:00 - China-US Trade Negotiations and Tariffs03:09 - Impact of Treasury Yields on Negotiations06:07 - Bitcoin's Market Dynamics and Predictions08:59 - Bitcoin Treasury Companies: Opportunities and Risks11:49 - Corporate Treasuries and Bitcoin: A New Paradigm17:08 - Mergers and Acquisitions in the Crypto Space20:11 - The Future of Bitcoin Derivatives and ETFs26:50 - Market Sentiment and Institutional Interest29:05 - The Asymmetry of Bitcoin Understanding30:01 - Legislative Challenges and Bitcoin Dominance33:06 - Global Regulatory Landscape and Bitcoin Adoption36:13 - The Value Proposition of Bitcoin vs. Proxy Assets38:58 - Retail Interest and Psychological Barriers42:08 - Building Consumer Applications for Bitcoin44:51 - Emerging Trends in Bitcoin Legislation48:03 - On-Ramping New Users to Bitcoin51:04 - Influencer Impact on Bitcoin PerceptionIf you found this valuable, please subscribe to Early Riders Insights for access to the best content in the ecosystem weekly.Links discussed:https://www.occ.gov/news-issuances/news-releases/2025/nr-occ-2025-42.htmlhttps://www.nbcnews.com/politics/congress/senate-vote-advance-crypto-bill-bipartisan-talks-trump-rcna205328https://www.dlnews.com/articles/markets/coinbase-ceo-on-why-the-exchange-didnt-bet-farm-on-bitcoin/https://www.coinbase.com/blog/coinbase-to-acquire-deribit-becoming-the-most-comprehensive-global-crypto-derivatives-platformhttps://www.bis.org/publ/work1265.pdf?utm_mediumKeep up with Michael: X and LinkedInKeep up with Brian: X and LinkedInKeep up with Liam: X and LinkedIn
Sean Farrington hears from a care home owner what a visa ban will mean to his company. And the latest from the China-US trade talks. Will it be back to business as usual?
Stephen Grootes speaks to Dr. Martyn Davies, former member of the World Economic Forum's Global Agenda Council and Donald MacKay, director at Xa International Trade Advisors on China, about a 90-day pause to trade war between China and the US. In other interviews, Marek Masojada, CEO of Boxer Supermarkets, discusses the company's impressive first-year financial results following its November 2024 listing, highlighting a standout performance marked by consistent market share gains. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.
US President Trump said there was a very good meeting with China on Saturday, and many things were discussed and much agreed to, while he stated a total reset was negotiated in a friendly but constructive manner.USTR Greer said differences are not as great as previously thought, and Treasury Secretary Bessent said he looks forward to sharing details on Monday morning.Chinese Vice Premier He Lifeng said trade talks were constructive, and they made substantive progress, while both sides reached an important consensus and agreed to establish a China-US trade consultation mechanism with a joint statement to be issued on May 12th.US President Tump said he will sign an executive order on Monday at 09:00EDT with prescription drug and pharmaceutical prices to be reduced almost immediately by 30%-80% and the US is to pay the same price as the nation that pays the lowest price anywhere in the world."Ukraine and European leaders said they agreed to an unconditional 30-day ceasefire on sea, land and air starting on May 12th and peace negotiations will start in that period if there is a ceasefire, while they said if Russia fails to comply, they will respond with massive sanctions and increased military aid.APAC stocks began the week with mild gains amid hopes related to a US-China trade deal after substantive progress was said to have been made during talks in Switzerland over the weekend, but with gains capped given a lack of details announced so far and with the sides to provide a joint statement later today.US equity futures gapped higher; European equity futures indicate a higher cash market open with Euro Stoxx 50 futures up 0.9% after the cash market closed with gains of 0.4% on Friday.Looking ahead, highlights include US Federal Budget, Speakers including ECB's Schnabel, BoE's Lombardelli, Greene, Mann, Taylor & Fed's Kugler, Earnings from Grifols, Almirall & Evonik.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
This week in the markets: shares rise on positive China/US trade talks; the rotation out of US assets continues; hard assets return as a portfolio diversifier; and changes are on their way for the UK’s ISA. Fidelity’s Tom Stevenson reviews the stories moving markets.See omnystudio.com/listener for privacy information.
Listen to the May 12th, 2025, daily headline round-up and find all the top news that you need to know.
China and the United States on Monday announced a series of tariff adjustment measures aimed at easing trade tensions between the world's two largest economies, according to a joint statement issued by both governments in Geneva.根据两国政府于日内瓦发布的联合声明,中美双方本周一宣布了一系列关税调整方案,旨在缓和这两个全球最大经济体之间的贸易紧张局势。The announcement came after a two-day high-level meeting on economic and trade affairs in Switzerland. Both sides, over the weekend, acknowledged the critical role of their bilateral trade relationship in supporting the economies of both countries and the broader global economy.这项声明发布前,中美双方在瑞士进行了为期两天的经贸高层会谈。在此次周末会谈中,两国代表均重申了双边贸易关系对彼此经济发展及全球经济复苏的重要支撑作用。The US has committed to removing 91 percent of the additional tariffs imposed on Chinese goods under two executive orders issued in April. It will also adjust 34 percent of the reciprocal tariffs imposed under a separate executive order dated April 2, by suspending 24 percent for an initial period of 90 days, while maintaining the remaining 10 percent.根据协议内容,美方承诺将撤销依据4月份两项行政令对中国商品加征的91%额外关税。针对4月2日另一项行政令涉及的34%互惠关税,美方将暂停其中24%的加征措施,初步期限为90天,其余10%的关税维持不变。In response, China will eliminate 91 percent of its counter-tariffs on US goods. For the 34 percent of counter-tariffs corresponding to the US measures, China will suspend 24 percent for 90 days and retain the remaining 10 percent. Additionally, the country will suspend or remove its non-tariff countermeasures against the US accordingly.作为回应,中方将对91%的美国商品取消反制性关税。针对美方34%关税调整清单对应的商品类别,中方将同步暂停24%的反制关税90天,保留10%的既定税率。此外,中国还将相应调整或取消针对美国的非关税反制措施。In the joint statement, the two sides have committed to implement the actions by May 14 and emphasized the importance of building a sustainable, long-term and mutually beneficial economic partnership. They will establish a mechanism to continue discussions about economic and trade relations.联合声明指出,双方将于5月14日前落实上述调整方案,并着重强调构建可持续、长期互惠经贸伙伴关系的战略意义。两国将宣布建立常态化磋商机制,持续就经贸领域关键议题开展对话。ease/i:z/v. 缓解; 减轻; 缓和joint statement联合声明bilateral trade relationship双边贸易关系reciprocal tariffs对等关税counter-tariffs对抗关税;反制关税
China and the United States both applauded the progress made during their trade talks in Geneva over the weekend in a bid to deescalate the tensions triggered by the US trade wars.中美双方对上周在日内瓦举行经贸高层会谈中所取得的进展表示肯定,以缓和由美方挑起贸易战所引发的紧张态势。Chinese Vice-Premier He Lifeng, the lead person for China-US trade and economic affairs, met with US lead persons—US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer in Geneva on Saturday and Sunday. It was the first such high-level meeting between the two sides since the latest tit-for-tat tariff war.中美经贸中方牵头人、国务院副总理何立峰于上周六和周日,在瑞士日内瓦与美方牵头人——美国财政部长斯科特·贝森特和美国贸易代表贾米森·格里尔举行会谈。这是双方在最新一轮针锋相对的关税冲突后首次举行的高级别会晤。"The atmosphere of the meeting was candid, in-depth and constructive. The meeting achieved substantial progress and reached important consensus," He told a press conference on Sunday evening.“会谈氛围是坦诚的、深入的、具有建设性的,取得了实质性进展,并达成重要共识。”何立峰在12日晚间的记者会上表示。He said the two sides agreed to establish a consultation mechanism of trade and economic issues, identify the lead persons on each side and will carry on further consultation relating to trade and economic issues of their respective concerns.何立峰表示,双方一致同意建立中美经贸磋商机制,明确双方牵头人,并将继续就各自关切的经贸问题展开进一步的磋商。The two sides will finalize relevant details as soon as possible and will issue a joint statement reached at the meeting on Monday, according to He.据何介绍,双方将尽快敲定具体实施细则,并于周一正式发布本次会议达成的联合声明。Asked what will be the exact timing for the release of the joint statement on Monday, Li Chenggang, China's international trade negotiator and vice minister of commerce, replied with a Chinese saying that if the dish is delicious, then the timing is not a matter.当被问及周一联合声明的具体发布时间时,中国国际贸易谈判代表兼商务部副部长李成钢以中国谚语作答:“好饭不怕晚”。"No matter when this statement is released, it's going to be big news and good news for the world," Li said.他强调:“无论声明何时发布,这都将是国际社会期待的重大利好消息”。He, the vice-premier, thanked the Swiss government for hosting the meeting and he also said the "professionalism and diligence" of US colleagues was "impressive".副总理何先生对瑞士政府承办此次会议表示感谢,同时高度评价美国同行的专业精神与勤勉态度,称其工作作风“令人印象深刻”。He expressed that over the past more than three months, the global trade war that was provoked by the US has caught global attention.他表示,在过去三个多月里,由美国挑起的全球贸易战引发了国际社会高度关注。The tariffs imposed by US President Donald Trump on China since the start of the year total 145 percent, with cumulative US duties on some Chinese goods reaching 245 percent. China retaliated with 125 percent on US goods. The situation has been described by some like a trade embargo.自今年初以来,美国总统唐纳德·特朗普对中国加征的关税总额已达145%,部分中国商品对美累计税率甚至攀升至245%。中国则以125%的关税实施反制措施,这一局势被外界形容为近乎贸易禁运。"China's position for this trade war has been clear and consistent. That is: China does not want to fight the trade war because trade war produces no winners. But if the US insists on forcing this war upon us, China will not be afraid of it and will fight to the end," he said, in reiterating China's stance.在重申中方立场时,他指出:“中国对这场贸易战的立场始终清晰且一以贯之。我们不愿主动挑起贸易战,因为历史证明贸易战没有赢家。但若美方执意将对抗强加于中国,我们必将坚定捍卫国家利益,斗争到底。”He described the meeting as productive and for being an important first step taken by the two sides to properly resolve their differences through equal-footed dialogue, to bridge differences and deepen cooperation.何评价此次会谈具有建设性意义,认为这是双方通过平等对话妥善化解分歧的重要第一步,为弥合差异、深化合作奠定了基础。He emphasized that the nature of China-US trade and economic relations is mutually beneficial and win-win.他强调中美经贸关系的本质是互利共赢。"The key is to follow the principle of mutual respect, peaceful coexistence and win-win cooperation and to find ways to properly resolve issues through equal-footed dialogue and consultation in order to foster a stable, sound and sustainable China-US trade and economic relationship," he said.何立峰表示:“关键是要秉持相互尊重、和平共处、合作共赢的原则,通过平等对话与协商寻求解决问题的合理路径,从而推动构建稳定、健康、可持续发展的中美经贸关系。”He expressed that the Chinese side is ready to work together with the US side to actively implement the important consensus reached by the two heads of state in their Jan 17 phone call, and with a pragmatic approach to problem-solving.他表示中方愿与美方一起,积极落实两国元首于1月17日通话中达成的重要共识,秉持务实态度解决问题。"We are happy to engage in intensive dialogue and equal-footed consultation, manage our differences, tap into the potential of the cooperation, expand the collaborative outcome, and make the pie of mutual benefits bigger," He said.何立峰表示:“我们乐于通过密集对话和平等磋商,有效管控分歧,深挖合作潜力,扩大合作成果,将互利共赢的蛋糕持续做大,”"We can promote new development with China-US trade and economic relations and inject more certainty and stability into the world economy."“我们可以通过推动中美经贸关系实现新发展,为世界经济注入更多确定性与稳定性。”Li Chenggang, China's chief negotiator, described the three features of the meeting as "mutual respect, equality and mutual benefit, professionalism and high efficiency".中国首席谈判代表李成钢将此次会晤概括为三大特征:“相互尊重、平等互利、专业高效”。Bessent on Sunday also described the talks "productive".贝森特在周日同样评价本轮磋商“成果丰硕”。"I'm happy to report that we've made substantial progress between the United States and China in the very important trade talks," he told reporters.并向记者表示:“很高兴向各位通报,美中双方在至关重要的贸易谈判中取得了实质性进展。”Bessent said he had informed Trump of the progress of the talks.他透露已就谈判进展向特朗普总统汇报。Trump said on social media on Sunday that "a very good meeting today with China in Switzerland. Many things discussed, much agreed to. A total reset negotiated in a friendly, but constructive manner.特朗普周日在社交媒体发文称:“今日在瑞士与中国举行的会谈非常成功。双方就诸多议题展开讨论,达成广泛共识。通过友好而富有建设性的协商,实现了两国关系的全面重启。”"It's important to understand how quickly we were able to come to agreement, which reflects that perhaps the differences were not so large as maybe thought," Greer said on Sunday.美方代表格里尔同日表示:“值得关注的是双方快速达成共识的进程,这表明两国分歧或许并不如外界预期那般巨大。”deescalate/di:'eskəleit/v.缓和;降级trade talks贸易谈判 tit-for-tat/ˌtɪt fə ˈtæt/adj.针锋相对的;以牙还牙的candid/ˈkændɪd/adj.坦诚的trade embargo贸易禁运equal-footed consultation平等协商
Stephen Grootes speaks to Dr. Martyn Davies, former member of the World Economic Forum's Global Agenda Council and Donald MacKay, director at Xa International Trade Advisors on China, about a 90-day pause to trade war between China and the US. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.
In today's episode of The Daily Voice, Sam discusses the main headlines from the weekend and previews the week ahead.
World news in 7 minutes. Monday 12th May 2025.Today: Putin rejects ceasefire. Ukraine Russia talks? India Pakistan ceasefire. Spain toxic cloud. China US talks. Sri Lanka bus. Hamas hostage. Somalia floods. White South Africans. Mexico sues Google. Galapagos rescue.SEND7 is supported by our amazing listeners like you.Our supporters get access to the transcripts and vocabulary list written by us every day.Our supporters get access to an English worksheet made by us once per week.Our supporters get access to our weekly news quiz made by us once per week.We give 10% of our profit to Effective Altruism charities. You can become a supporter at send7.org/supportContact us at podcast@send7.org or send an audio message at speakpipe.com/send7Please leave a rating on Apple podcasts or Spotify.We don't use AI! Every word is written and recorded by us!Since 2020, SEND7 (Simple English News Daily in 7 minutes) has been telling the most important world news stories in intermediate English. Every day, listen to the most important stories from every part of the world in slow, clear English. Whether you are an intermediate learner trying to improve your advanced, technical and business English, or if you are a native speaker who just wants to hear a summary of world news as fast as possible, join Stephen Devincenzi and Juliet Martin every morning. Transcripts, vocabulary lists, worksheets and our weekly world news quiz are available for our amazing supporters at send7.org. Simple English News Daily is the perfect way to start your day, by practising your listening skills and understanding complicated daily news in a simple way. It is also highly valuable for IELTS and TOEFL students. Students, teachers, TEFL teachers, and people with English as a second language, tell us that they use SEND7 because they can learn English through hard topics, but simple grammar. We believe that the best way to improve your spoken English is to immerse yourself in real-life content, such as what our podcast provides. SEND7 covers all news including politics, business, natural events and human rights. Whether it is happening in Europe, Africa, Asia, the Americas or Oceania, you will hear it on SEND7, and you will understand it.Get your daily news and improve your English listening in the time it takes to make a coffee.For more information visit send7.org/contact or send an email to podcast@send7.org
As the Trump administration heads into a weekend of trade talks with Chinese officials, the President is floating a new tariff rate on Chinese imports: 80%. While it's much lower than the current tariff rate of 145%, it's still far too high for many businesses. We'll get into it. And, a recent legal win for Epic Games could shake up Apple's App Store. Plus, we'll weigh in on mass producing orchids and going cashless during a round of Half Full/Half Empty!Here's everything we talked about today:"DOJ, FTC open inquiry into the concert industry" from The L.A. Times "Fortnite applies to launch on Apple's App Store after Epic Games court win" from CNBC "How Apple Created a Legal Mess When It Skirted Judge's Ruling" from The New York Times "Ahead of China-US talks, Trump says 80% tariff 'seems right'" from Reuters"Revenge RTO: Workers are coming in late, leaving early and stealing snacks as they find small ways to get back at their bosses" from Fortune"Trump Revives Push for Higher Taxes on the Rich" from The New York Times"How the Exotic Orchid Became a Mass-Market Commodity" from The Wall Street Journal "The drawbacks of an increasingly cashless society" from MarketplaceStand up for Marketplace and public media during this critical time. Donate today: https://support.marketplace.org/smart-sn
As the Trump administration heads into a weekend of trade talks with Chinese officials, the President is floating a new tariff rate on Chinese imports: 80%. While it's much lower than the current tariff rate of 145%, it's still far too high for many businesses. We'll get into it. And, a recent legal win for Epic Games could shake up Apple's App Store. Plus, we'll weigh in on mass producing orchids and going cashless during a round of Half Full/Half Empty!Here's everything we talked about today:"DOJ, FTC open inquiry into the concert industry" from The L.A. Times "Fortnite applies to launch on Apple's App Store after Epic Games court win" from CNBC "How Apple Created a Legal Mess When It Skirted Judge's Ruling" from The New York Times "Ahead of China-US talks, Trump says 80% tariff 'seems right'" from Reuters"Revenge RTO: Workers are coming in late, leaving early and stealing snacks as they find small ways to get back at their bosses" from Fortune"Trump Revives Push for Higher Taxes on the Rich" from The New York Times"How the Exotic Orchid Became a Mass-Market Commodity" from The Wall Street Journal "The drawbacks of an increasingly cashless society" from MarketplaceStand up for Marketplace and public media during this critical time. Donate today: https://support.marketplace.org/smart-sn
This is a rant video about the 'expert' 'analysis' coverage of the China-US trade war/tariff skirmish. There is no analysis or even coherent thought process here. This is basically just my train of thought about why it's a bad idea to try and predict the future. I try and relate it to Fukuyama as well, I don't know, just listen and have your own opinions."The End of History?" Francis Fukuyama: https://pages.ucsd.edu/~bslantchev/courses/pdf/Fukuyama%20-%20End%20of%20History.pdfChapters (00:00) Introduction(04:26) How is any of this relevant to tariffs?(10:48) Pro-US and Pro-China analyses are equally bad(21:10) All articles are the same info with a different conclusion#china #tariffwar #chinausrelations Buy me a coffee: https://www.buymeacoffee.com/sinobabblepodLatest Substack post: https://sinobabble.substack.com/p/i-asked-4-china-experts-4-questions?r=bgkuvLinks to everything: https://linktree.com/sinobabbleSupport the showSign up for Buzzsprout to launch your podcasting journey: https://www.buzzsprout.com/?referrer_id=162442Subscribe to the Sinobabble Newsletter: https://sinobabble.substack.com/Support Sinobabble on Buy me a Coffee: https://www.buymeacoffee.com/Sinobabblepod
China's new financial stimulus package reflects policymakers' strong resolve to stabilize the domestic economy and financial markets amid ongoing tariff-related pressures, paving the way for greater monetary and fiscal actions to shore up domestic demand and confidence, economists and analysts said.经济学家和分析人士指出,中国新推出的一揽子经济刺激计划彰显了决策层在关税压力持续的背景下稳定国内经济与金融市场的坚定决心,这为后续出台更多货币和财政政策举措,提振内需、巩固市场信心铺平了道路。The package, unveiled on Wednesday, includes interest rate cuts, liquidity injection and targeted funding for consumption and technological innovation, and is aimed at strengthening credit expansion, anchoring investor expectations and boosting capital market resilience.周三推出的一揽子政策包含降息、流动性注入及针对消费与科技创新的定向资金支持,旨在强化信贷扩张力度、稳定投资者预期并提升资本市场抗风险能力。With the measures indicating that policymakers are taking a proactive stance to brace for worst-case scenarios, additional tools are likely to be in the pipeline, including bolder cuts to interest rates, stepped-up fiscal support for consumption and trade-affected businesses, and the potential launch of a formal stock market stabilization fund.这些措施表明,决策层正以积极主动的姿态未雨绸缪、防范最坏情况,后续可能出台更多政策工具组合,包括更大幅度的降息、针对消费和受贸易冲击行业加大财政支持力度,以及可能正式推出股市平准基金。The People's Bank of China, the country's central bank, announced on Wednesday that it will cut the seven-day reverse repos—a key policy benchmark for interest rates—by 10 basis points to 1.4 percent from 1.5 percent, effective on Thursday.中国人民银行周三宣布,自周四起将作为关键政策利率指标的7天期逆回购操作利率下调10个基点,由1.5%降至1.4%。Pan Gongsheng, governor of the PBOC, said the reserve requirement ratio, or RRR—the proportion of deposits that banks must keep as reserves—will be reduced by 0.5 percentage point, unleashing liquidity of around 1 trillion yuan ($138.5 billion). The cut will take effect on May 15.中国人民银行行长潘功胜表示,自5月15日起存款准备金率(RRR)——即商业银行需持有的存款准备金比例,将下调0.5个百分点,此次降准预计释放长期流动性约1万亿元人民币(约合1385亿美元)。Speaking at a news conference, Pan announced a raft of targeted monetary support, including lowering the RRR for auto financing and financial leasing companies to zero from 5 percent and reducing interest rates by 25 basis points on housing provident fund mortgages and various structural monetary instruments.潘功胜在新闻发布会上宣布了一系列定向货币政策支持措施,包括将汽车金融公司和金融租赁公司的法定存款准备金率从5%全面下调至零,并将住房公积金贷款及各类结构性货币政策工具利率统一下调25个基点。The central bank will launch two new tools to provide funding for services consumption and eldercare, as well as tech innovation bond investments, Pan added.潘功胜补充道,中国人民银行将创设两项新工具,分别为服务消费与养老产业、以及科技创新债券投资领域提供专项融资支持。David Chao, global market strategist for the Asia-Pacific region (excluding Japan) at investment management company Invesco, said, "The rate cuts are likely to reduce borrowing costs in the real economy and give credit growth the boost it needs."景顺投资管理公司亚太区(除日本外)全球市场策略师赵大卫(David Chao)表示:“此次降息有望降低实体经济融资成本,为信贷增长注入必要动能。”"The combined package of measures—similar to those in September—demonstrates that policymakers remain committed to prioritizing (economic) growth," Chao said.“与去年9月类似的一揽子政策表明,决策层仍致力于将经济稳增长置于优先位置。”赵大卫指出。With the policies coming before the planned China-US trade talks later this week, Wang Qing, chief macroeconomic analyst at Golden Credit Rating International, said the PBOC is likely to continue with interest rate cuts and RRR reductions in the second half, as negotiations may go through a complex process while inflation remains subdued at home.随着政策即将出台,中美两国计划于本周晚些时候进行贸易谈判,东方金诚国际首席宏观分析师王青表示,由于谈判进程可能面临波折且国内通胀持续低迷,中国人民银行很可能在下半年继续降息和下调存款准备金率。China's A-share market reacted positively to the measures, with the benchmark Shanghai Composite Index rising 0.8 percent to close at 3,342.67 points on Wednesday.中国A股市场对此作出积极反应,周三上证综合指数上涨0.8%,收报3,342.67点。Pan added that the central bank will provide sufficient funding support to Central Huijin Investment, an arm of China's sovereign wealth fund that functions as a quasi-stock market stabilization fund, in increasing share holdings when necessary.潘功胜补充称,央行将为中央汇金投资有限公司(中国主权财富基金旗下机构,承担准股市平准基金职能)提供充足的资金支持,以便其必要时进一步增持股票。Zhang Jun, chief economist at China Galaxy Securities, said it is also necessary for China to launch a formal stock market stabilization fund via legislative procedures, especially amid rising global financial market volatility, to further anchor market expectations.银河证券首席经济学家张军表示,在全球金融市场波动加剧的背景下,中国还需通过立法程序正式设立股市平准基金,以进一步稳定市场预期。Zhang added that as the RRR for some institutions will be cut to zero—breaking through the previously assumed implicit floor of 5 percent—there is now greater room for reducing the RRR of commercial banks, with a 50-basis-point cut likely in the third quarter to coordinate with incremental fiscal stimulus.张军进一步指出,由于部分机构存款准备金率将降至零(突破了此前市场普遍认为的5%隐性下限),商业银行存款准备金率下调空间进一步扩大,第三季度可能再降准50个基点,与增量财政刺激政策形成协同效应。Lu Ting, chief China economist at Nomura, said China needs to take bolder steps—especially on the fiscal front—to clean up debt in the property sector and support consumption by reforming the pension system.野村证券中国首席经济学家陆挺表示,中国需采取更大胆举措——尤其是在财政政策方面——通过改革养老金制度来化解房地产行业债务问题并提振消费。Li Yunze, head of the National Financial Regulatory Administration, said that China will accelerate the rollout of financing mechanisms aligned with its new development model of real estate.国家金融监督管理总局局长李云泽表示,中国将加快推出与房地产发展新模式相匹配的融资机制。stimulus package一揽子刺激计划; 经济刺激政策the reserve requirement ratio (RRR)存款准备金率reverse repos反向回购; 逆回购benchmark/ˈbentʃmɑ:k/n. 基准PBOC中国人民银行stock market stabilization fund股市平准基金
The Australian share market ended the week flat despite a slight lift on Friday. Investors remained cautious as global trade tensions dominated headlines, with a new US-UK trade deal sparking optimism and US-China tariff talks looming over the weekend. The market’s biggest movers included tech stocks, financials, and energy shares, while materials lagged due to falling gold prices. Looking ahead, key data releases from China and Australia—including inflation, jobs, and wages—alongside major events like the RBA interest rate decision and US economic reports, are set to drive market sentiment in the week ahead. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.
A daily non-partisan, conversational breakdown of today's top news and breaking news stories Headlines: – Welcome To Mo News (02:00) – Conclave Begins: Who Could Be The Next Pope? (06:25) – Biden Sits Down With The BBC With Some Harsh Words For President Trump (11:50) – Second U.S. Navy Jet in 2 Weeks Is Lost Off the U.S.S. Truman (21:00) – Fed Holds Rate Steady, Sees Risk of Higher Inflation (22:45) – China Says U.S. Asked For Trade Meeting in Switzerland (24:00) – Moderna's Combo Covid And Flu mRNA Shot Outperforms Current Vaccines In Large Trial (25:50) – Apple Plans to Replace Google Search with AI in Safari Browser (27:20) – Disney Announces a Whole New Theme Park and Resort — and It's Not in Florida or California (30:00) – Golden Globes Will Introduce ‘Best Podcast' Category in 2026 (31:30) – On This Day In History (34:15) Thanks To Our Sponsors: – LMNT - Free Sample Pack with any LMNT drink mix purchase – Sonic Power - 20% off | Promo Code: MONEWS – Industrious - Coworking office. 30% off day pass – Aura Frames - $35 off best-selling Carver Mat frames | Promo Code: MONEWS – Athletic Greens – AG1 Powder + 1 year of free Vitamin D & 5 free travel packs
Tune in live every weekday Monday through Friday from 9:00 AM Eastern to 10:15 AM.Buy our NFTJoin our DiscordCheck out our TwitterCheck out our YouTubeDISCLAIMER: You should never treat any opinion expressed by the hosts of this content as a recommendation to make a particular investment, or to follow a particular strategy. The thoughts and commentary on this show are an expression of the hosts' opinions and are for entertainment & informational purposes only.
Preview: Colleague Anne Stevenson-Yang comments on what the China-US deal will include for China to deliver -- the ask. More later. 1972 Shanghai CONFUCIUS
We started higher in grain and livestock trade on May Day but we are starting to see some erosion in the markets as we get to midday on Thursday. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss market action and new news regarding China/US relations.
Oh boy - Supply Chain Concerns again? Summertime lines - for goods/food? Empty shelves? China factories shutting down. Talks/No-Talks Underway with China/US. PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm-Up - Now Supply Chain Concerns - Summertime lines - for goods/food? Empty shelves? - China factories shutting down - Talks/No-Talks Underway with China/US - DONE DONE DONE - Lutnick Markets - Capital Raise - Big Boost - ELON - Economics - Big Week - Earnings - The big tech names are on tap - Berkshire annual meeting and earnings this weekend ELON - Elon Musk's xAI Holdings is in discussions with investors to raise about $20 billion, Bloomberg News reported. - The funding would value the company at over $120 billion, according to the report. - THIS: The artificial intelligence firm last month acquired X in an all-stock deal that valued xAI at $80 billion and the social media platform at $33 billion. - "This combination will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach." - ELON also says that he will be stepping back from DOGE and refocus on TESLA HAHA! FAV STORY! - Tesla reported a $97 million loss due to digital assets, the company's Bitcoin holdings. In the fourth quarter, there was a gain of $270 million. - Tesla now excludes Bitcoin swings from its non-GAAP results. Tesla also backs out stock-based compensation from its adjusted numbers. - That means the Bitcoin gains were included in the company's fourth-quarter adjusted results, and the losses weren't included in the first-quarter adjusted results. - Tesla's report states that the accounting switch was due to the “adoption of the new crypto assets standard.” Powell Under Fire - Update - All is good - no new discussions is helping keep a bid under markets Are Talks Ongoing at ALL? - China says NO - US says YES - Which is it? DONE DONE DONE - Commerce Secretary Howard Lutnick on Tuesday teased that the Trump administration has reached its first trade deal, but said it was not fully finalized and declined to name the country involved. - “I have a deal done, done, done, done, but I need to wait for their Prime Minister and their parliament to give its approval, which I expect shortly,” Lutnick told CNBC's Brian Sullivan. Unusual Winner - With consumer sentiment shrinking and concerns about recession - Travel companies are feeling the pinch - BUT, Travel insurance companies are cashing n on the Cancel for Any Reason Plans - People want to travel but are hesitant as they don't know what will be in the future - therefore buy travel insurance - No pure-play publicly traded stock -- Berkshire Hathaway Travel Protection, Nationwide Amazon White House - The White House on Tuesday slammed Amazon for reportedly planning to display the cost of President Donald Trump's tariffs next to the total price of products on its site. - "This is hostile and political act by Amazon," White House press secretary Karoline Leavitt said at a press briefing. - "Why didn't Amazon do this when the Biden administration hiked inflation to the highest level in 40 years?" Leavitt asked. - Amazon spokesperson tells Washington Post putting tariff rates next to products "was never under consideration for the main Amazon website. - Says Amazon Haul has considered listing import price duties on certain products. ----- What is our take on this? Big Moves - Novo Nordisk and Hims & Hers Health, Inc. (NYSE: HIMS) today announced a long-term collaboration designed to make proven obesity care and treatments more accessible, more affordable, and more connected for millions of Americans.
Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.0:00 Mixed Messaging3:13 Japan and South Korea Talks4:06 US Weather and Rains8:06 Fund Positions9:21 Panama Canal10:44 Another Screwworm/Cattle Headline11:54 Flash Sale
Did we get it all wrong, and we are actually negotiating a deeper globalization? A Thoughtful Tariff Talk and moreGuest: Rick Carew - Former Wall Street Journal journalist covering Asia's financial markets, current investor and educator teaching value investing at Fordham University's Gabelli School.Key Topics: Value investing, journalism skills in investing, China-US business relations, AI in education, personal success philosophyTimestamps and Key Ideas:3:38 - Rick shares his upbringing in Richmond, Virginia, where his family owned a wine store that gave him entrepreneurial experience and an early understanding of business operations.5:21 - Discussion about Rick's language journey learning Chinese and Japanese, which taught him discipline and a growth mindset applicable to investing.8:06 - How learning languages provides cultural insights beyond words themselves, with Rick explaining how the Chinese character for "good" combines the characters for "mother" and "child."11:49 - Rick discusses teaching value investing at Fordham University and the importance of mastering concepts before teaching them to others.15:15 - Conversation about the core principles of value investing and how the framework needs to adapt to incorporate growth investing.18:25 - Rick explains how students at Fordham manage a real $2.3 million investment fund, teaching them asset allocation and emotional management during market volatility.22:30 - Rick shares how his journalism background provides valuable research skills for investing, including the willingness to pick up the phone for direct information.28:12 - Two powerful questions for management interviews: "What question did I forget to ask?" and "If you had to invest in a competitor, which would you choose and why?"32:22 - Discussion about how executives actually want feedback from thoughtful investors, especially as passive investing grows.34:15 - Rick explains the complex relationship between Chinese government, Communist Party, and businesses - highlighting cycles of crackdowns and regulations.40:04 - Insights on China's tech ecosystem as a "learning machine" studying and adapting Silicon Valley innovations.45:12 - Discussion about globalization, US-China relations, and whether recent trade tensions are temporary or signal a longer-term shift.53:03 - Rick's perspective on AI in education: embracing it as a tool while still requiring students to understand fundamentals and verify information.1:00:39 - Rick shares his three-part framework for success: enjoying your work, giving back to society, and maintaining curiosity throughout life.Podcast Program – Disclosure StatementBlue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm's employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.
Apple earnings - look for commentary about China US tariff situation (0:15). Same with Amazon's earnings. Meta reporting. Microsoft - tariff proof? (1:10). Don't sleep on economic data (2:00). This is an excerpt from a recent Wall Street Breakfast episode.Show Notes:Apple earnings focus for investors leans beyond June quarter: Morgan StanleyRetail blockbuster: Amazon earnings this week could reset expectations across the retail sectorShow transcriptsFor full access to analyst ratings, stock quant scores and dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions
From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored by CNBC's Jessica Ettinger.
Friday on AOA, powered by Cenex, we start the show in Segment One discussing the role of soy in animal agriculture and more with Carla Schultz, United Soybean Board Communication & Education Committee Chair and Michigan Farmer. In Segment Two, we have a wide-ranging conversation with Doug Sombke, President of the South Dakota Farmers Union. In Segment Three, we take a deep dive into the markets as we near the end of April with Arlan Suderman, Chief Commodities Economist at StoneX. Then we close the show with ag news headlines including updates on China/US relations, Farm Bill prospects, new reports on off-farm income and more.
Across multiple administrations and both political parties, the United States has steadily sought to contain the rise of the People's Republic. In this week's Viewsroom podcast, Breakingviews columnists discuss the measurable extent of the break between the global titans. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising.
Global tariffs introduced by the US government under the second Trump administration on April 2nd have rocked global markets. While they have been reduced to a blanket rate of 10 percent a week later, they have increased for China to 145 percent. In retaliation, the Chinese government raised tariffs on all US goods to 125 percent. Johannes Heller-John talks to Jacob Gunter, Lead Analyst at MERICS, about the aims of the US government, the impact on the Chinese economy and the way forward for Europe.More information:MERICS China Essentials Special Issue: The US-China trade war----This podcast is part of the project “Dealing with a Resurgent China” (DWARC) which has received funding from the European Union's Horizon Europe research and innovation programme under grant agreement number 101061700.Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union. Neither the European Union nor the granting authority can be held responsible for them.
Veteran Singaporean diplomat Kishore Mahbubani argues that it's “legitimate” for US President Donald Trump to be worrying about the widening gap between rich and poor in the United States, but his idea to force factory jobs back to the US is probably not going to work. Mahbubani tells host Steve Clemons that China will be damaged by the current trade war with the US, but “the Chinese are prepared to accept short-term pain for long-term gain”. The disarray in US policy is “a gift to China,” says Mahbubani. “I don't see countries walking away from China.” Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X : https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #aljazeera #aljazeeraenglish #aljazeeranewslive
As we continue our series on China-US climate cooperation, we issue something of a warning, pointing out that we should see ourselves not as the victims of some future climate catastrophe, but rather we should admit that unbridled exploitation of the planet's resources has made us the harbingers of change.
Your daily news in under three minutes. At Al Jazeera Podcasts, we want to hear from you, our listeners. So, please head to https://www.aljazeera.com/survey and tell us your thoughts about this show and other Al Jazeera podcasts. It only takes a few minutes! Connect with us: @AJEPodcasts on Twitter, Instagram, Facebook, Threads and YouTube
Your daily news in under three minutes. At Al Jazeera Podcasts, we want to hear from you, our listeners. So, please head to https://www.aljazeera.com/survey and tell us your thoughts about this show and other Al Jazeera podcasts. It only takes a few minutes! Connect with us: @AJEPodcasts on Twitter, Instagram, Facebook, Threads and YouTube
The US -China trade fight has just intensified as China has upped tariffs on US imports to 125% We look at the US agriculture sector which accounts for over 20% of US exports to China and valued at $36 billion in 2022. And what does tariffs mean for consumer sentiment? We hear from shoppers in New York
The Yaron Brook Show---