China's exports grew 14.1% year on year in April in dollar terms, rebounding sharply from 2.5% growth in March and comfortably beating the analyst consensus of 8.5%, according to data released Saturday by China's General Administration of Customs. Imports rose 25.3% year on year, slightly below March's 27.8% but well ahead of the 20% forecast, reflecting both higher commodity prices and a modest improvement in domestic demand. China's trade surplus widened to $84.8 billion in April, up from $51.1 billion in March and in line with the elevated levels seen through much of the post-pandemic period.

On Friday, Revolut users began reporting that the app was showing Bitcoin prices collapsing to around $39,900 — roughly a 50% drop from actual market levels. Some users received push notifications suggesting even more extreme moves, including an alert that Bitcoin had hit a 52-week low of 2 cents. The apparent crash extended across multiple assets on the app, with users reporting simultaneous price drops in XRP, Solana, and even stablecoins like USDT and USDC.

Tether, the issuer of the world's largest stablecoin USDT, froze more than $514 million across 370 wallet addresses on the Ethereum and Tron blockchains in the past 30 days alone, according to onchain data from BlockSec's USDT Freeze Tracker. The overwhelming majority of that activity — $505.9 million across 328 addresses — occurred on Tron, which has become the dominant network for stablecoin-based enforcement actions.

US Wall Street banks led by Goldman Sachs have borrowed record amounts of Chinese renminbi this year through what are known as dim sum bonds — debt issued outside mainland China, mostly in Hong Kong, and denominated in the Chinese currency. Total issuance has hit 300 billion renminbi ($44 billion) so far this year, more than double the amount at the same point in 2025, which was itself a record year.

Venator Materials UK, a titanium dioxide factory on Teesside in the north-east of England, went into administration last October after more than 50 years of operation, taking 270 jobs with it. Titanium dioxide is an industrial whitening agent used in paints and plastics, but also in defence supply chains and green energy manufacturing — giving the facility significance beyond its size.