US Senator Raises Concerns Over Nvidia’s Export Compliance and China Shipments
Senior senator questions Nvidia’s claims about AI chip exports to China amid Justice Department investigations into alleged illegal diversions worth hundreds of millions.
Latest news
Trade & Tariffs
Defense & Security
Brazil Approves Amazon Oil Drilling despite Risks to Unique Hybrid Manatees
Brazil’s environmental agency authorized oil drilling at the Amazon River mouth, raising concerns over inadequate rescue plans for a rare hybrid manatee population vulnerable to oil spills.
Corporate Power
Robinhood Expands into Canadian Crypto Space with $180 Million WonderFi Acquisition
Robinhood has entered Canada’s crypto market by acquiring WonderFi for $180 million, gaining licenses and bringing Bitbuy and Coinsquare exchanges under its control.
Trade & Tariffs
China and Russia Strengthen Roles as US-Iran Conflict Tests Endurance
As tension escalates between the US and Iran, China and Russia emerge as key players influencing the conflict’s trajectory through economic and diplomatic support.
Markets & Macro
Kazakhstan Introduces New Framework for Calculating Potential GDP to Enhance Economic Analysis
Kazakhstan’s Ministry of National Economy has approved a methodology to measure potential GDP, aiming to better gauge economic growth limits and improve macroeconomic assessments.
Crypto & Fintech
Coinbase Enables Direct Indian Rupee Deposits and Withdrawals to Boost Local Access
Coinbase has launched direct deposit and withdrawal support for the Indian Rupee using IMPS, allowing Indian users to fund accounts without intermediaries.
Crypto & Fintech
Bitcoin Faces Headwinds in June Amid ETF Outflows and Shrinking Stablecoin Supply
Bitcoin’s early June performance signals continued weakness as significant ETF outflows and reduced stablecoin liquidity dampen prospects for a market rebound.
Crypto & Fintech
Dispute Erupts Over Timing of Strategy’s Bitcoin Sale on Polymarket Prediction Market
Polymarket users clash with the platform after a delayed disclosure of Strategy’s Bitcoin sale causes confusion and impacts an $80 million prediction market.
Trade & Tariffs
Christopher Nolan’s “The Odyssey” Prepares for Ticket Sales Ahead of July Release
A new promo for Christopher Nolan’s upcoming film “The Odyssey” has been released as ticket sales are expected to begin soon, with IMAX showings leading the way.
Crypto & Fintech
CME Launches 24/7 Trading for Regulated Crypto Derivatives to Eliminate Weekend Gaps
CME Group has enabled nonstop weekend trading for its cryptocurrency futures and options, aligning regulated derivatives markets with the continuous nature of crypto assets.