US Trade Court Halts Tariffs, Uncertain Future for Trade Talks
A U.S. trade court rules Trump’s tariffs unlawful, plunging trade talks into uncertainty and impacting U.S. businesses.
Economy
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Aussie Q1 GDP Slides to 0.2% Growth
Australia’s Q1 2025 GDP growth slows to 0.2%, disappointing forecasts despite a 1.3% annual rise. Here’s the economic snapshot.
China, EU Set Stage for Enhanced Trade Ties
Chinese Commerce Minister Wang Wentao and EU trade chief held candid talks in Paris to boost economic and trade cooperation.
Lee Jae-myung Ushers New Era in South Korea
Liberal leader Lee Jae-myung takes office in South Korea, vowing to overcome past crises and address urgent economic challenges.
China Hits Back Over U.S. Claims After Geneva Talks
China defends its trade commitments after Geneva talks, critiquing U.S. tech and education restrictions.
US Tariffs Ignite Energy Crisis: Trade War Dilemma
New US tariffs spark an energy crisis, threatening oil production and renewable investment, warns Wood Mackenzie analysis.
Dragon Boat Festival Travel Boom Fuels Economic Resilience
The Dragon Boat Festival ignited a travel boom in the Chinese mainland, with soaring bookings and a vibrant cultural revival fueling economic growth.
Eurozone Inflation Dives to 1.9% in May – A Surprising Twist!
Eurozone inflation fell to 1.9% in May, the lowest since September 2024, driven by a slowdown in services prices that surprised many analysts.
Caixin PMI Falls: Manufacturing Contracts in May
A Caixin report shows China’s manufacturing PMI dropped to 48.3 in May, down 2.1 points, signaling contraction in the sector.
Trump’s Trade Rhetoric: Exposing U.S. Economic Missteps
Analysis reveals Trump’s trade rhetoric diverts attention from U.S. policy failures, shifting costs to American consumers and fueling geopolitical debate.