June 20, 2025

China

Investment

Sen. Britt sponsors legislation to limit foreign investment in land near military bases

Sen. Katie Britt, R-Alabama, recently joined Senate Banking Committee Chairman Tim Scott, R-South Carolina, and several other Senate Republicans in introducing the “Protect Our Bases Act.” The legislation would “require the Committee on Foreign Investment in the United States [CFIUS] to annually review, update, and report on the facilities and property of the United States

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Crypto

Next Cryptocurrency to Explode, 16 June — AB, Qubic, Threshold

Join Our Telegram channel to stay up to date on breaking news coverage Making the most profit from a bull market requires attention to promising altcoins and meme coins with explosive potential. However, identifying these tokens may require effort, as most funds are drawn to pumping assets. Today’s article examines the performance of cryptocurrencies that

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Funds

Navy budget aims to cut funds for shipbuilding by upward of $16 billion, top senator says

Sen. Roger Wicker, R-Miss., chairman of the Senate Armed Services Committee, speaks in March 2025 at a committee hearing. (Eric Kayne/Stars and Stripes) WASHINGTON — The Navy is proposing a $16 billion cut to shipbuilding in 2026 and does not intend to move forward with plans to purchase at least six new warships, the top

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Investors

US tocks open little changed with China trade talks in second day

How fentanyl reaches the US and the role of Trump’s China tariffs US President Donald Trump has imposed new tariffs on Chinese goods, citing Beijing’s failure to stop the export of chemicals used to produce fentanyl. unbranded – Newsworthy U.S. stocks opened barely higher as investors continue to wait for news from the second day

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Investors

Renewable Energy Investors Receive Mixed Signals In The U.S.

ABILENE, TX – Policy uncertainty surrounding American support for renewables may deter investment in … More the country for these technologies. (Photo by Robert Nickelsberg/Getty Images) Getty Images The Trump Administration’s energy policies are shifting the investment priorities in American renewable energy, and not to its benefit. But the jury is still out whether the

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Banking

OCBC Premier Banking celebrates strong business growth, credits ‘twin-hub’ strategy

Driven by strong demand for wealth management and insurance solutions in Asia, OCBC posted record financial results for the third year in a row. The Singapore-based bank reported a net profit of S$7.6 billion (US$5.9 billion) for its 2024 financial year, and total income rose by 7 per cent to S$14.5 billion. Within the year,

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Investment

WTO DG urges India to back China-led investment facilitation for development

Urging India to pave the way for other developing countries on the Investment Facilitation for Development (IFD) agreement, World Trade Organization (WTO) Director General Ngozi Okonjo-Iweala has said that India needs to support the China-led initiative, which is already backed by 90 out of 126 developing nations. Iweala added that WTO members should also listen

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Crypto

China’s Cryptocurrency and Blockchain Journey – The Diplomat

In 2017, the Chinese government was the largest cryptocurrency market in the world. It is estimated that as many as 80 percent of all Bitcoin transactions were taking place in Chinese currency, the yuan (also known as the renminbi), at that time. Cryptocurrency exchanges in China were busy and proliferating. The availability of cheap electricity,

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Investment

Former Goldman Investment Banker Joins Yum China Board Of Directors

Former Goldman investment banker Grace Xin Ge has joined the board of directors at Yum China. Yum China Grace Xin Ge, a former managing director in the investment banking division of Goldman Sachs, has joined the board of directors of Yum China, the operator of KFC and Pizza Hut chains in China. Ge, 48, is

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Investors

China’s Wang Chuanfu Loses $1.8 Billion As Investors Fear EV Price War

A launch event for BYD’s Dolphin Surf electric vehicle in Paris on May 21. Such low-priced models have led investors to fear a deeper price war in the industry. The Dolphin Surf will retail for €22,990 ($26,100). Cyril Marcilhacy/Bloomberg Wang Chuanfu, the billionaire cofounder of Chinese electric vehicle giant BYD, saw his wealth drop by

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