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“We aren’t in debt outside of our mortgage, but I feel sick when I think about the money.”

China’s Ministry of Commerce (MOFCOM) says its new rare-earth export controls are lawful national-security steps — not blanket bans — and that licenses will be issued for eligible civilian trade, according to a spokesperson’s Q&A posted on X Sunday morning local time.Rare earths — a group of 17 elements used in permanent-magnet motors for electric vehicles (EVs) and wind turbines, defense electronics and other high-tech gear — occupy an outsized role in supply chains because China dominates the sector. Beijing accounts for roughly 70% of global production and about 90% of processing and refining; so licensing shifts can ripple downstream…

President Donald Trump announced Friday that the U.S. could impose tariffs of up to 100% on imports from China by Nov. 1, marking an escalation in the U.S.–China trade conflict and raising uncertainty across global supply chains. In a Truth Social post Friday, Trump said the tariffs were retaliation for China’s new export controls announced a day earlier on rare earth minerals and related technologies. Many U.S. companies that rely on Chinese manufacturing could face soaring costs and shipment delays as they scramble to reroute orders or find alternative suppliers in Mexico, India, or Southeast Asia. Containerized imports from China—roughly…

InoQuant, a new and innovative trading broker, proudly announces its official launch. Built with traders in mind, the platform offers advanced tools, strong security, and access to over 160 assets through CFDs (Contracts for Difference). With it, both new and experienced investors can explore global markets with confidence and clarity.“InoQuant was created to make trading smarter, safer, and more rewarding for everyone,” said Mikey S., InoQuant representative. “We believe that combining professional-grade technology with outstanding customer support is the key to empowering investors at every level.”A Platform Meant for Modern TradersAt the heart of InoQuant’s offering is diverse market access. Traders can…

XRP collapsed as much as 42% in Friday’s trade, its sharpest one-day drop in recent years, as whales liquidated across major venues and futures open interest fell $150 million. The selloff drove price as low as $1.64 before a partial recovery to $2.36, with volumes surging 164% above the 30-day average — a sign of forced deleveraging across corporate desks.What to Know• XRP fell from $2.82 to $2.36 between Oct 10, 01:00 and Oct 11, 00:00, posting a 16% daily loss.• Intraday volatility peaked at 43%, with prices briefly wicking to $1.64 during high-frequency liquidation sweeps.• Institutional futures open interest…

When a trucking company shuts down, it usually has a wind-down period when it delivers any remaining loads in its possession. Not doing so leaves thousands of people in limbo, since they don’t know whether their orders will ever arrive. The problem can be even worse when items being delivered have an expiration date or might otherwise become less valuable, or even worthless, if they sit. In some cases, items in mid-transit become an even bigger hassle, as customers have paid for the delivery, but whoever ends up owning the assets of the bankrupt freight company has no obligation to…

The partnership will bring $5.5 billion worth of real-world infrastructure assets on-chain, spanning sectors such as food production, minerals, renewable energy, and global trade.In parallel, a digital shilling will be launched to provide frictionless settlement and financial inclusion across East African markets, starting with Uganda.The collaboration sets a new standard for how emerging markets can use tokenization to drive tangible economic progress and global participation.Global Settlement Network (GSX), the leader in blockchain infrastructure, has partnered with Diacente Group, developer of Uganda’s Karamoja Green Industrial and Special Economic Zone (GISEZ), to launch the world’s most advanced tokenized economy. Backed by $5.5 billion in…

Americans have soured on the prospect of finding new jobs, a new survey shows. And they’re still frustrated by persistent inflation, giving them little confidence that the economy will improve soon.

Good Morning, Asia. Here’s what’s making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.ANALYSISPolymarket’s potential launch of the POLY token may mark the end of UMA’s reign over prediction markets and the beginning of an era where truth itself is governed in-house.So far, the token has only been teased. Nothing is known about the tokenomics or utility of the token, but given complaints from the community, it’s possible to speculate on…

Daily Spotlight: State of Global Demand for U.S. Debt