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  • Feb 27, 2025

Trump Jolts China Markets as Tariff Wake-Up Call Punctures Rally

(Bloomberg) -- Donald Trump’s additional 10% tariffs on Chinese goods again brought geopolitical risks to the forefront of investors’ mind, prompting the biggest selloff in Chinese stocks in months.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC Office Buildings See Resurgence as Investors Pile Into BondsNYC’s Congestion Pricing

  • Feb 27, 2025

Chinese mainland investors drive surge in Hong Kong stocks

China's mainland investors have played an unprecedented role in a rally on Hong Kong's equity market that has pushed the benchmark index to its highest level since 2022. Mainland investors typically buy or sell Hong Kong-listed shares via the southbound link of the Stock Connect scheme. WHY IT'S IMPORTANT Hong Kong's stock market has risen around 15% this year to reach its highest level since February 2022.

  • Feb 27, 2025

2 Top Cryptocurrencies to Buy Before They Soar 120% and 190%, According to Certain Wall Street Experts

The overall cryptocurrency market has climbed 24% since the presidential election in November. Donald Trump embraced digital assets during his campaign and, while upward momentum has stalled in recent weeks, some Wall Street experts still anticipate big gains in XRP (CRYPTO: XRP) and Bitcoin (CRYPTO: BTC). Dom Kwok, former Goldman Sachs employee and co-founder of blockchain education company EasyA, earlier this year said XRP had a good shot at replacing Ethereum as the second most valuable cryptocurrency.

  • Feb 27, 2025

Crypto prices tumble as Trump-fuelled euphoria fades

Cryptocurrency prices are down sharply in recent weeks and not expected to rebound soon, with some of the biggest digital currencies erasing nearly all of the gains they made after Donald Trump's election win triggered a wave of excitement across the industry. Some analysts said the market is likely to remain subdued while waiting for a bullish signal, such as indications that the U.S. Federal Reserve plans to cut interest rates or a clear pro-crypto regulatory framework from the Trump administration. Bitcoin, the biggest cryptocurrency, has fallen 21% from a January 20 peak and is back to levels seen shortly after Trump's U.S. presidential election victory in November, as hopes for a strategic bitcoin reserve fade and tariff threats weigh on demand for speculative assets.

  • Feb 27, 2025

Foreign workers help Spain's economic growth outpace the US and the rest of Europe

Inside a cavernous production plant in Spain, people from 62 nationalities work side by side to keep a food company humming as millions of legs of ham travel on hooks along conveyor belts. Foreign workers have helped to make Spain’s economy the envy of the industrialized world, even as anti-immigration sentiments grow elsewhere in Europe and in the United States. Tapping into foreign labor helped Spain’s economy grow by about 3% last year, smashing the euro zone average of 0.8%, according to the Organization for Economic Cooperation and Development.

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