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Anthony Scaramucci says US trade deals helped China grow into a military superpower by acquiring US technology.

Market News
18 May 2026
Mohd Haider
View Source
Bearish
pluang ai news

Anthony Scaramucci criticized the US decision to grant China permanent trade relations and WTO membership, saying it allowed China to protect its economy while exporting freely to the US. He argued that China used this advantage to take US technology, copy intellectual property, and grow its military and economy rapidly, becoming a global superpower. The US-China trade deficit remains large, highlighting the long-term impact of these trade policies. This reflects ongoing concerns about strategic foresight in US-China economic relations.

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UBS Group AG's stake in Bang & Olufsen falls below 5%, now holding 4.85% as of July 8, 2026.

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UBS Group AG has notified Bang & Olufsen A/S that its shareholding and voting rights have dropped below the 5% threshold, holding 4.85% as of July 8, 2026. This update is in accordance with the Danish Capital Markets Act, which requires disclosure wh...

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Assassin’s Creed Black Flag Resynced sells 2 million copies on launch day with strong player and critic acclaim

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New agency VKNG Digital offers top-tier SEO and PPC services to Lancashire SMEs at affordable rates

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Others
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Empery Digital sells $87M in Bitcoin to repay debt and fund operations

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Neutral
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Ondo Global tokenizes SK Hynix shares on Nasdaq debut, enabling trading on three blockchains.

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SK Hynix raised a record $26.5 billion in its Nasdaq debut, the largest US IPO by a foreign company. Ondo Global Markets immediately tokenized SK Hynix shares, allowing them to trade on Solana, Ethereum, and BNB Chain via LayerZero’s cross-chain tech...

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