E-Learning

China Cobalt Stocks Jump as Congo Exports Ban Sparks “Chaos”

(Bloomberg) -- Cobalt stocks rose in China on Tuesday as a surprise export ban in the Democratic Republic of Congo lifted the near-term outlook for the material used in alloys and batteries. Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’NYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesAs Visitors Discover Ghent, the City Is Tryi

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China’s Repo Market Hit Hard as Yuan Defense Sparks Cash Squeeze

(Bloomberg) -- China’s strategy of defending its currency by choking local liquidity is sending ripples throughout the financial system, squeezing banks and fueling losses at bond funds.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’NYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesAs Visitors Discover Ghent, the City Is Trying to

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Stocks rise; US limits on China tech curb enthusiasm

Global shares traded cautiously higher on Tuesday in light of growing evidence of a softening in the U.S. economy ahead of earnings from Nvidia, while the euro eased below the one-month highs that followed Germany's weekend election. Investors were rattled early on by an order from U.S. President Donald Trump to limit Chinese investments in strategic areas such as chips, AI and aerospace. Having pushed stocks on both sides of the Atlantic to record highs this month, investors are getting uneasy and Wednesday's results from Nvidia, which has come to characterise the boom in artificial intelligence investment, could prove instrumental in setting the mood for the remainder of the quarter.

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