China’s Exports Defy Tariffs, Surge 8.1% in April 2025

China’s exports rose 8.1% year-on-year in April 2025, far exceeding economists’ 2% forecast, following a 12.4% surge in March as exporters rushed to ship goods before new U.S. tariffs took effect. Imports in April slipped just 0.2% from a year earlier, a much smaller decline than the expected 5.9% drop, and an improvement from March’s 4.3% fall. The trade surplus for April was $96 billion, reflecting strong exports and a modest import decline, though slightly below March’s $102.64 billion, which had been boosted by pre-tariff front-loading

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Asia’s Wealthiest Families Flee US Assets

Some of Asia’s richest families are rapidly reducing their exposure to US assets, citing President Donald Trump’s tariffs as a key factor making the world’s largest economy less predictable

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Twenty One Capital to Go Public in $3.6 Billion SPAC Merger, Backed by Tether, SoftBank, and Bitfinex

Twenty One Capital, Inc. is a new Bitcoin-focused digital asset company backed by Tether Holdings, SoftBank Group, and Bitfinex. It will go public via a $3.6 billion SPAC merger with Cantor Equity Partners, trading under the ticker “XXI” upon closing. At launch, Twenty One will hold over 42,000 Bitcoin, making it the third-largest corporate Bitcoin treasury globally

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Bank of England Cuts Interest Rates to 4.25%

BREAKIING: The Bank of England cut its key interest rate from 4.5% to 4.25% on Thursday, delivering relief to borrowers, businesses, and consumers facing mounting economic pressures. This widely anticipated move comes against a backdrop of sluggish UK economic growth and heightened uncertainty triggered by President Donald Trump’s recent trade tariffs

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Taiwan’s April Exports Soar Nearly 30%

Taiwan’s exports surged in April 2025, rising 30% year-on-year to nearly $49 billion, far surpassing the 16% increase forecast by economists and marking the highest total for the first four months of any year at $178 billion

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Euro Gains Edge Over Yen as Traders Favor EUR

Recent market dynamics indicate that traders are generally more confident buying the euro (EUR) than the Japanese yen (JPY)

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Stanley Druckenmiller Makes Bold Bet on Airline Stocks

Stanley Druckenmiller of Duquesne Capital, has recently increased their holdings in major airlines like Delta Air Lines, United Airlines Holdings, and American Airlines Group

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Morgan Stanley Predicts Start of Bank of England Rate Cut Cycle at May Meeting

Morgan Stanley expects the Bank of England (BoE) to begin its easing cycle at the May 8, 2025, meeting with a 25 basis point (bp) rate cut

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Chinese Carmakers Set New Record: Over 150,000 Vehicles Registered Across Europe

In the first quarter of 2025, registrations of Chinese-brand cars across Europe exceeded 150,000 vehicles-a new record-with the monthly total hitting an all-time high in March

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Indonesia’s Foreign Reserves Suffer Sharpest Drop in Nearly Two Years

Indonesia’s foreign exchange reserves fell sharply by $4.6 billion to $152.5 billion in April 2025, marking the largest monthly decline since May 2023

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