Chinese Firms Warn EU Procurement Curb Could Hurt Trade Ties
The China Chamber of Commerce to the EU expressed 'profound disappointment' over the EU's use of a trade tool to limit Chinese companies' participation in public procurements, according to a Monday statement from the Chinese group.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
11 minutes ago
- Yahoo
Pear Protocol Goes Live with Hyperliquid Integration and Announces $4.1M Strategic Round Led by Castle Island Ventures
London, UK, July 28th, 2025, ChainwirePear Protocol, the premier pair trading platform in crypto, has officially launched its native integration with Hyperliquid, unlocking seamless pair trading on top of the Hyperliquid perpetual orderbook. This launch coincides with the closing of a $4.1M strategic funding round led by Castle Island Ventures, with participation from Compound VC, Florin Digital and Sigil Fund. The raise comes as Pear Protocol nears $1BN in trading volume, powering over 4,000 traders with daily volumes in beta already above $5M+. 'Hyperliquid is where the best traders are, and Pear now provides the best way to pair trade on top of that liquidity,' said Huf, Founder of Pear Protocol. 'This round marks a turning point - our investors deeply understand the space, and together we're going full throttle on execution.' What This Means for Users With the Hyperliquid integration now live, traders on Pear can enjoy: Continued eligibility for any Hyperliquid Season 3 points and HyPear Points, converting into claimable $HYPE One-click entry and exit across both legs of a pair trade Limit and TWAP execution on the ratio, optimising entry and exits TP/SL logic based on the ratio for superior risk management Direct ratio charting, net funding differentials, and custom pair weighting tools Pear makes advanced strategies simple, mobile-friendly, and capital-efficient - whether you're trading HYPE/SOL or building custom ETH/BTC trades with beta-weighted logic. Strategic Use of Funds The new capital will be deployed to: Expand Pear's institutional-grade product suite Launch vaults and APIs on HyperEVM Re-launch their spot token with deeper liquidity on Hyperliquid's Spot Orderbook Accelerate user growth and talent acquisition Position Pear for long-term sustainability – including optional protocol buybacks and new revenue lines This round strategically aligns Pear Protocol with some of the most respected players in crypto venture, each bringing ecosystem reach, product insight, and long-term conviction. 'We believe Pear is building trading infrastructure for the next wave of DeFi-native professionals,' said Wyatt Khosrowshahi, Investor at Castle Island Ventures. 'They're connecting deep crypto-native liquidity with intuitive UX, timely education, and novel execution.' About Pear Protocol Pear Protocol is the leading DeFi-native pair trading terminal, enabling users to trade one token against another with high capital efficiency. With integrations across major venues including Hyperliquid, GMX and SYMMIO, Pear serves both professional retail and institutional users. Learn more at Users can follow Pear Protocol's Twitter (@pear_protocol) account for more Protocolhuf@ pear_protocol Permalink | © Copyright 2025 All rights reserved
Yahoo
11 minutes ago
- Yahoo
Tesla, Samsung, energy stocks, & European semiconductors climb
Yahoo Finance's John Hyland outlines some of the top stories on Wall Street as part of Yahoo Finance's Market Minute. Energy stocks, like Cheniere Energy (LNG) and Venture Global (VG), are moving higher on the back of the US–EU trade deal. Tesla (TSLA) stock is climbing after CEO Elon Musk announced that the company signed a $16.5 billion chip deal with Samsung ( European semiconductor companies, like ASML Holding (ASML) and STMicroelectronics (STM), are moving to the upside from both the US–EU trade deal and the Tesla–Samsung chip deal. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. It's time for Yahoo! Finance's market minute. US stocks are trading at record highs today after the US and the EU struck a trade deal over the weekend that will see a 15% tariff imposed on goods from the European Union. US energy stocks moving higher on the back of the deal. As Trump said that the EU agreed to purchase $750 billion in American energy products and invest $600 billion in the US on top of existing commitments. EU president Ursula von der Leyen said the purchases would help reduce the bloc's dependence on Russia for natural gas. Plus, Tesla striking a $16.5 billion deal with Samsung to produce AI chips for the EV maker. CEO Elon Musk confirmed the news on X, saying Samsung's giant new Texas fab will be dedicated to making Tesla's next generation AI6 chip. And shares of European semiconductor companies getting a boost off the back of the Samsung deal and the EU US trade deal. The agreement exempts tariffs on semiconductor equipment, giving an additional boost to the sector after its two-week long slide. And that's your Yahoo! Finance market minute.
Yahoo
11 minutes ago
- Yahoo
Oil jumps as Trump shortens Russia's deadline to end Ukraine war, US-EU trade deal spurs demand optimism
Oil prices jumped Monday as President Trump shortened a timeline for Russia to end the war with Ukraine, prompting concerns potential sanctions could hit supply. Meanwhile, an agreement between the US and EU on the framework of a trade deal spurred optimism over demand. West Texas Intermediate (CL=F) climbed 1.9% to trade above $66 per barrel, and Brent (BZ=F) crude, the international benchmark price, rose to nearly $69 per barrel. The trade deal between the European Union and the US announced on Sunday includes $750 billion in EU purchases of American oil and natural gas. The stocks of liquified natural gas producers like Cheniere Energy (LNG), NextDecade (NEXT), and Venture Global (VG) all rose Monday as well. The 15% tariff deal on US imports from the EU fueled investors optimism over an eventual agreement with China as Washington and Beijing launched renewed trade talks. Meanwhile on Monday, President Trump shortened a timeline on Russia to end the war with Ukraine, from 50 days to less than two weeks, spurring concerns of a supply shock ahead. The president has threatened 'secondary tariffs' on Russia and countries purchasing from Moscow. "If enforced, oil markets cannot ignore the impact of triple-digit tariffs on Russian oil, given the significant scale of Russian exports and limited OPEC spare capacity, potentially leading to a supply shock," JPMorgan's Natasha Kaneva and her team wrote in a note earlier this month. The EU recently approved tougher price caps on Russian crude exports expected to go into effect in early September as a way to curtail the country's revenue. JPMorgan analysts expect oil price volatility to increase heading into September, citing uncertainty around Russia. The analysts also noted increases in supply from the Organization of Petroleum Exporting Countries and its allies (OPEC+) will already have been absorbed into the market by the fall. Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on Twitter at @ines_ferre. Click here for in-depth analysis of the latest stock market news and events moving stock prices. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
