Biden approved Taiwan's biggest security package yet. China says the military aid won't deter it.

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US President Joe Biden speaks at a press conference.
US President Joe Biden will send Taiwan $567 million in military aid. It's the largest aid package ever sent to Taiwan.

Saul Loeb/AFP via Getty Images

An escalating cold war between US and China would be a blow to global growth, IMF official says

Tech Insider : Economy
US and Chinese flags

Pedro Pardo/AFP

Tim Cook's comments about iPhone sales in China just cost Apple $490 million

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Apple CEO Tim Cook talks to an employee at a solar park in Hanstholm, Denmark.
Apple CEO Tim Cook.

Christoph Dernbach/picture alliance via Getty Images

Nvidia releases slower, less powerful AI chip for China

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NVIDIA's CEO Jensen Huang attends a media roundtable meeting in Singapore December 6, 2023.
NVIDIA's CEO Jensen Huang.

EDGAR SU / Reuters

Biden and Xi sought to pull away from deepening conflict. They failed.

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US President Joe Biden and Chinese leader Xi Jinping walk during the sidelines of the APEC summit in Woodside, California on November 15, 2023.

BRENDAN SMIALOWSKI

The much-speculated Chinese campaign to undermine the dollar by dumping Treasuries is a myth, expert says

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A US flag is tweaked ahead of a news conference.

JACQUELYN MARTIN/AFP/Getty Images

The real risks banks face lie in central banks' rate-hike campaigns and geopolitical tensions, IIF boss warns

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Police officers outside SVB's headquarters in Santa Clara, California on Friday.
SVB's headquarters in Santa Clara, California.

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