AI Bias Analysis
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Global central banks’ use of the People’s Bank of China’s swap lines reached a two‑year high in the first quarter, underscoring rising international demand for the Chinese currency.
Source
Bloomberg Markets
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President Donald Trump said he will discuss US arms sales to Taiwan with Chinese leader Xi Jinping at a meeting this week, a move that risks undermining America’s longstanding support for the island. Bloomberg's Rebecca Choong-Wilkins reports. (Source: Bloomberg)
The U.S. and Chinese presidents are scheduled to gather in Beijing on Thursday and Friday amid a packed week of diplomatic meetings.
Modi’s call to curb fuel use suggests an imminent hike in pump prices, adding to inflationary pressure.
Shares of Japanese metals refiner JX Advanced Metals Corp. slid after the company unveiled a plan to issue ¥250 billion ($1.6 billion) of bonds that can be converted into stocks to fund share buybacks.
