United States

Japan's Nippon Steel to Buy US Steel in a Deal Valued at $14.9 Billion

Japan's Nippon Steel to Buy US Steel in a Deal Valued at $14.9 Billion

Japan's Nippon Steel has secured a deal to buy US Steel for $14.9 billion.

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IMF Approves $900 Million for Ukraine as Volodymyr Zelenskyy Makes Plea for US Aid Ahead of Joe Biden Meeting

IMF Approves $900 Million for Ukraine as Volodymyr Zelenskyy Makes Plea for US Aid Ahead of Joe Biden Meeting

The International Monetary Fund (IMF) has approved a $900 million disbursement for Ukraine.

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US, China Risk a 'New Cold War' as Economic and Trade Conflicts Escalate, IMF Official Warns

US, China Risk a 'New Cold War' as Economic and Trade Conflicts Escalate, IMF Official Warns

The US and China risk a "new Cold War" as economic and trade conflicts escalate, according to an IMF official.

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Biden Under Scrutiny for Supplying Tank Shells to Israel Without Congress' Approval

Biden Under Scrutiny for Supplying Tank Shells to Israel Without Congress' Approval

The Biden administration is facing heightened scrutiny for supplying tank shells to Israel without obtaining congressional approval.

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US Economy Is Still Robust With Labor Market Adding 199,000 Jobs in November

US Economy Is Still Robust With Labor Market Adding 199,000 Jobs in November

The US workforce added 199,000 jobs in November, and the unemployment rate fell to 3.7% as the world's largest economy continues to struggle with higher interest rates.

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Vladimir Putin: Russia Becoming 'New Global Growth Center' Despite Western Isolation

Vladimir Putin: Russia Becoming 'New Global Growth Center' Despite Western Isolation

Russian President Vladimir Putin has asserted that the economic isolation Russia faces due to international sanctions is even helping the country to transform into a "growth center" in a "new global economy."

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US to Prevent China From Supplying Battery Materials for EVs Set to Receive Billions in Tax Credits

US to Prevent China From Supplying Battery Materials for EVs Set to Receive Billions in Tax Credits

The United States (US) has issued long-awaited guidance that will limit China's role in electric vehicles (EVs).

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Federal Reserve Poised to Cut Interest Rates 6 Times in 2024 as US Economy Slows Down: ING

Federal Reserve Poised to Cut Interest Rates 6 Times in 2024 as US Economy Slows Down: ING

Amid signs of an economic slowdown, ING Economics predicts that the US Federal Reserve will cut interest rates six times in 2024.

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JPMorgan Chase Ready to Leave China if Ordered by US Government, Bank CEO Jamie Dimon Says

JPMorgan Chase Is Ready to Leave China if Ordered by US Government, Bank CEO Jamie Dimon Says

JPMorgan Chase CEO Jamie Dimon said Wednesday that the bank would leave China if directed by the US government.

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Shein Files for US IPO as Chinese-Founded Fashion Giant Seeks to Expand Global Reach

Shein Files for US IPO as Chinese-Founded Fashion Giant Seeks to Expand Global Reach

Chinese-founded fast-fashion giant Shein has confidentially filed for an initial public offering (IPO) in the United States (US).

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CHINA-TECHNOLOGY-AI-CONFERENCE

US Chip Export Ban Is Taking a Toll on Chinese AI Startups

Amid the escalating trade tensions between the United States and China, the impact of the US chip export ban is reportedly taking a toll on Chinese artificial intelligence (AI) startups.

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Joe Biden's Meeting With Xi Jinping Could Reduce Uncertainty for US-China Businesses, Analysts Say

Joe Biden's Meeting With Xi Jinping Could Reduce Uncertainty for US-China Businesses, Analysts Say

US President Joe Biden's recent meeting with Chinese President Xi Jinping could signal a recouple in US and China's business relationships.

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Moody's Downgrades US Credit Rating Outlook to 'Negative,' Biden Officials Put the Blame on GOP

Moody's Downgrades US Credit Rating Outlook to 'Negative,' Biden Officials Put the Blame on GOP

Moody's, a leading global integrated risk assessment firm, changed the United States' credit rating outlook to "negative" after markets closed on Friday.

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China’s Chipmaker SMIC Raises 2023 Annual Budget to $7.5 Billion as It Rushes to Buy Semiconductor Tools Amid US Sanctions

China’s Chipmaker SMIC Raises 2023 Annual Budget to $7.5 Billion as It Rushes to Buy Semiconductor Tools Amid US Sanctions

China's top chipmaker, Semiconductor Manufacturing International Corp (SMIC), has raised its 2023 annual budget to $7.5 billion, an 18 percent jump over 2022, amid US sanctions.

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5 Biggest Chinese Invetment in U.S

China has been really doing well lately in terms of investment in the United States. For the record, here are the 5 biggest investment China has made in the US.

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