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China is intensifying efforts to strengthen its domestic market and reduce reliance on external trade, signaling a strategic pivot toward long-term economic resilience and technological self-sufficiency....
Gerik
Announced by National Bureau of Statistics, targets GDP growth.Digital economy core industries exceed 10% of GDP.Part of China's digital transformation strategy.
Thomas
In March, China reduced its holdings of U.S. Treasuries by $27.6 billion, falling behind the U.K. as America’s third-largest foreign creditor, signaling a strategic shift amid escalating trade tensions...
Gerik
Fed Chair Jerome Powell has unveiled a plan to reduce the central bank’s workforce by 10% over the coming years, aligning with a broader Trump-era government efficiency campaign...
Gerik
The European Union has reaffirmed it has no intention to revive the stalled Comprehensive Agreement on Investment (CAI) with China, citing deep-rooted trade imbalances...
Gerik
President Donald Trump said the US had presented Iran with a proposal over Tehran’s nuclear ambitions and that the country’s negotiators needed to move soon on the offer as talks intensify.
Damon
Facing time constraints and mounting global pressure, the U.S. under President Trump is preparing to impose new tariffs on countries that fail to finalize bilateral trade agreements within the next 2–3 weeks...
Gerik
Moody’s has lowered the U.S. sovereign credit rating to Aa1, citing escalating federal debt, growing fiscal deficits, and political dysfunction, raising borrowing costs and sparking market concern....
Gerik
The U.S. Federal Reserve quietly bought $43.6 billion in Treasury bonds in just four days, signaling a subtle policy pivot that has triggered a surge in gold and bitcoin prices...
Gerik
Amid the doom and gloom of falling crude prices and weakening demand growth, oil bulls could find one nugget of cheer in the latest report from the International Energy Agency: a modest upward revision to historical consumption.
Owen Li
Russia’s GDP growth dropped to 1.4% in Q1 2025, far below previous quarters and expert forecasts, as sanctions, inflation, and falling oil revenues intensify economic strain....
Gerik
"At the same time, we have 150 countries that want to make a deal—but you're..."
Owen Li
The 90-day temporary tariff reduction deal between the U.S. and China has triggered a sharp surge in imports, but analysts warn that reactive trade behavior may deepen long-term supply chain instability....
Gerik
Switzerland has had productive talks with the US on the central bank’s currency interventions, Swiss National Bank President Mar...
Kevin Du
Nvidia (NVDA.O), opens new tab is seeking a site in Shanghai for a research and development centre...
Jason
Israeli strikes on Gaza have killed more than 250 people since Thursday morning, local health authorities said, one of the deadliest phases of bombardment since a truce collapsed in March and with a new ground offensive expected soon.
Devin
Warren Buffett, the greatest investor of all time, has announced his retirement. Fellow...
Devin
Now that Donald Trump has rendered irrelevant the iconic books that guided corporate thinking in recent decades — who still believes that the world is flat? — businesspeople are desperately casting about for guidance.
Thomas
Ether's recent price rally is driven by short covering rather than new bullish bets, CF Benchmarks' Sui Chung said.
Damon
Global financial markets responded very enthusiastically this past week to news that the US and China had agreed to a 90-day pause in their escalating trade war.
Owen Li