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China’s Q2 GDP Growth Beats Expectations, but Momentum Slows

China reported Q2 2025 GDP growth of 5.2%, slightly surpassing forecasts, but the data also pointed to continued economic headwinds amid weak domestic demand and global trade friction. Investors are watching closely as this mixed performance shapes forecasts for the world’s second-largest economy, affecting both global supply chains and multinational corporate earnings.

Source: SeekingAlpha


Green Light: Nvidia Set to Resume AI Chip Sales to China After U.S. License Assurance

Nvidia is set to resume H20 chip sales to China after receiving U.S. government assurances on export licensing, reversing a previous ban that threatened billions in quarterly revenue. This development comes as a major win for Nvidia and AI supply chains, giving the company renewed access to the lucrative Chinese data center and cloud computing market as competition with local hardware and geopolitical scrutiny intensify.

Source: SeekingAlpha / Finance Magnates


U.S. Regulators Clarify Crypto Custody Rules for Banks as Industry Grows

Federal regulators—the Fed, OCC, and FDIC—jointly released new guidance on how banks should manage crypto custody services, emphasizing that existing risk and safeguarding rules apply instead of new regulations. This move provides long-awaited clarity, as traditional institutions ramp up digital asset activity and regulatory scrutiny of crypto practices continues to rise.

Source: Finance Magnates


Bitcoin’s Record Run: Institutions Pour In as ETF Flows Surge and Regulatory Outlook Improves

Bitcoin rallied past $120,000 to new all-time highs, propelled by robust institutional inflows into spot ETFs and a political environment increasingly supportive of crypto in the U.S. Lawmakers are actively considering frameworks for mainstream adoption, and the gains in Bitcoin have sparked renewed bullishness in altcoins and blockchain equities.

Source: NYTDealBook / FinanceFeeds


European Union Drafts $84B in Retaliatory Tariffs Targeting Boeing, U.S. Autos, and Bourbon

The EU is preparing to impose $84 billion in new duties on a range of American goods—including Boeing aircraft, U.S. cars, and bourbon—in response to escalating tariff threats from Washington. The transatlantic trade dispute introduces fresh risks for multinational manufacturers and signals a period of greater volatility for global supply chains and cross-border investment.

Source: SeekingAlpha


Hong Kong’s Property Sector Stays Vulnerable as Developer Grand Ming Dodges Default

Hong Kong-based Grand Ming Group narrowly avoided default after securing loan waivers from creditors on HK$4.8 billion in outstanding debt, underscoring persistent risks in the city’s battered property market. Investors are on high alert as more developers face refinancing challenges amid weaker property prices and higher borrowing costs.

Source: SCMP


DraftKings Pursues Acquisition of Railbird Ahead of Busy Earnings Week

DraftKings is reportedly in talks to acquire prediction markets firm Railbird, expanding its reach into the fast-evolving odds and betting analytics sector as U.S. sports gambling continues rapid growth. The news comes as investors brace for a packed earnings calendar and fresh consumer and tech sector results set the tone for Q3.

Source: SeekingAlpha


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Business — July 15, 2025 | Briefing24