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BYD NEV sales fall 30% in January 2026 as China demand slows and exports surge
In January 2026, BYD's vehicle sales fell to 210,051 units, a drop of about 30% from 300,538 a year earlier, as domestic demand weakened after China's EV subsidy cuts and holiday effects. The company offset part of the decline by exporting 100,482 vehicles, nearly half of its monthly total, and plans to increase overseas shipments by roughly 25% this year. Chinese brands, including BYD, expanded their presence in Europe's EV and hybrid market in 2025, while high US tariffs kept them out of American showrooms.
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Gold and silver plunge after China-fueled surge as Warsh Fed news triggers historic selloff
On Friday, silver sank 26% and gold slid 9% in one of the sharpest single-day metal selloffs after weeks of speculative buying from China had driven prices to record highs. The move accelerated when reports surfaced that Donald Trump planned to nominate Kevin Warsh as Federal Reserve chair, lifting the dollar and ending the momentum trade. Trading volumes in silver products surged, with the iShares Silver Trust alone recording more than $40 billion in turnover as options activity and algorithmic strategies amplified the reversal.
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FTX Schedules March 31 Distribution as Reconciled Claims Reach $9.6 Billion
FTX plans to carry out its next creditor distribution on March 31, following an announcement by creditor representative Sunil. The round is based on $9.6 billion in reconciled claims and could add a further $2 billion to creditor recoveries if the proposal is approved. A prior distribution in September 2025 totaled $1.6 billion, shaping expectations for how remaining disputed reserves may be resolved.
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