International

Bitcoin Faces Critical Level as China Suspends Tariff on US Goods

By BPN News Desk November 5, 2025

Bitcoin prices hovered near a crucial support level on Wednesday after China announced it would suspend an additional 24% tariff on U.S. goods for one year, maintaining a lower 10% levy. The move, aimed at easing trade tensions, has triggered cautious optimism in global financial markets and offered temporary relief to risk assets. China’s Tariff […]

International

U.S. Treasury Chief Blasts China’s Rare-Earth Export Controls

By BPN News Desk November 2, 2025

U.S. Treasury Secretary Scott Bessent said this week that China’s recent move to tighten export controls on rare earth minerals was a “real mistake” that alerted global supply chains to Beijing’s capacity and willingness to use these materials as economic leverage. He characterised the decision as a strategic misstep by China rather than an isolated […]

International

China Proposes Global AI Body Amid US Rivalry

By BPN News Desk November 1, 2025

Xi Jinping used the Asia‑Pacific Economic Cooperation (APEC) summit in Gyeongju on November 1, 2025, to put forward a major initiative: the creation of a global body for artificial intelligence (AI) governance. He proposed the “World Artificial Intelligence Cooperation Organization” to establish international rules and promote AI as a “public good”. The headquarters for

International

China Launches Mission Including Its Youngest Astronaut

By BPN News Desk November 1, 2025

Shenzhou 21 launched from China’s Jiuquan Satellite Launch Centre and carried three crew members — Zhang Lu, Wu Fei and Zhang Hongzhang — to the Tiangong Space Station. Wu Fei, aged 32 at the time of launch, became the youngest Chinese astronaut to fly into space. The mission will relieve the preceding crew and mark […]

International

U.S. Cuts Tariffs on China After Trump–Xi Talks

By BPN News Desk October 30, 2025

Following a high-profile meeting in South Korea, U.S. President Donald Trump announced that the United States will reduce some tariffs on Chinese goods. He said duties linked to chemical precursors for fentanyl will drop from 20% to 10%. At the same time, Trump stated that the overall U.S. tariff rate on Chinese imports will fall […]

International

India-China Talks Stall on Buffer Zone Plans

By BPN News Desk October 30, 2025

The ongoing face-to-face negotiations between Eastern Ladakh border commanders of India and China have failed to produce a clear roadmap for demilitarised “buffer zones”, sources say. Although both sides continue to engage diplomatically, no agreement has been reached on pulling back frontline troops or creating neutral zones along the contested stretches of the frontier.

International

Trump Sees “Fantastic Relationship” With Xi During Korea Summit

By BPN News Desk October 30, 2025

U.S. President Donald Trump on Thursday said he expects a “fantastic relationship” with Chinese President Xi Jinping, as the two met in South Korea for their first face-to-face encounter in six years. President Trump called Xi “a great leader of a great country” and expressed optimism about long-term ties. Meanwhile, President Xi emphasized that while […]

International

US-China Trade Deal ‘On The Verge,’ Trump Says

By BPN News Desk October 29, 2025

U.S. President Donald Trump stated on Wednesday that a trade agreement with China is “only a question of time” and will be beneficial for both sides. He made the remarks ahead of his scheduled meeting with Chinese President Xi Jinping in Seoul, adding that the world is watching closely for progress. What The Deal Could […]

Markets

Gold Drops As US-China Trade Progress Reduces Safe-Haven Demand

By BPN News Desk October 27, 2025

Global gold prices extended their decline as progress in trade talks between the United States and China reduced investor appetite for safe-haven assets. Spot gold slipped by around 0.7% to near US $4,083 an ounce in early Singapore trade and posted a weekly loss of 3.3%, its first since mid-August. Trade Talks And Market Impact […]

International

India And China Resume Direct Flights Amid Thaw In Ties

By BPN News Desk October 27, 2025

Direct flights between India and China resumed on October 26 after a gap of more than five years, marking a step toward normalising relations. The first service was operated by IndiGo on the Kolkata–Guangzhou route, reconnecting the two Asian neighbours after years of disruption. Flight Resumption Details The suspension had been in place since the […]