China Shock 2.0: An EU-China trade war is unlikely despite friction being structural, says economist

    EU-China trade tensions collide with air-conditioner boom

    PARIS, FRANCE – JUNE 24: Pedestrians use umbrellas to shield from the sun as record-breaking high temperatures continue in Paris on June 24, 2026 in Paris, France. Li Yang | China News Service | Getty Images Europe wants to narrow its record trade deficit with China by October, but the bloc’s worst-ever heat wave is…

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    SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip names

    SoftBank sinks over 10% as Nvidia-fueled rout sweeps Asian chip names

    The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025.  Kazuhiro Nogi | Afp | Getty Images A sector-wide pullback hit Asian chip stocks Friday, led by a steep decline in SoftBank, after Nvidia‘s sharp drop overnight defied its stronger-than-expected earnings and bullish outlook. SoftBank plunged more…

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    AI trade, Nikkei 225, Hang Seng Index

    AI trade, Nikkei 225, Hang Seng Index

    A landscaped Sunset shot over Osaka toward the Dojima River, we see the modern city skyline of Osaka in the shot, this is a beautiful shot of the sunset with beautiful orange colors, over the modern city. ©Fitopardo | Moment | Getty Images Asia-Pacific markets traded mixed Tuesday, reversing earlier gains and breaking ranks with…

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