U.S. Tariffs Cost Consumers, Businesses Nearly 90% of Burden: NY Fed Report
A New York Fed report finds U.S. consumers and businesses bore nearly 90% of tariff costs in 2025, reshaping global trade dynamics and market strategies.
News & Insights Across Asia
A New York Fed report finds U.S. consumers and businesses bore nearly 90% of tariff costs in 2025, reshaping global trade dynamics and market strategies.
China’s SD-3 rocket launched seven satellites, including Pakistan’s PRSC-EO2, from a sea platform off Guangdong, marking progress in commercial space ventures.
U.S. President Trump sets a one-month deadline for a nuclear deal with Iran, amid heightened military posturing and Israeli skepticism over terms.
Chinese commentator Wang Guan challenges Western institutions’ credibility amid ongoing fallout from newly public Epstein documents, questioning gaps between rhetoric and action.
Chinese adults drive a plush toy revolution, fueling a $23B emotional economy through collectibles that blend nostalgia with modern mental health needs.
Discover how artists in China are blending calligraphy with equine motifs to celebrate the upcoming Year of the Horse, merging tradition with modern creativity.
U.S. Attorney General Pam Bondi faces bipartisan scrutiny in Congress over DOJ’s handling of Epstein case files, sparking global debates on legal transparency.
The U.S. Senate failed to advance DHS funding, risking a partial government shutdown amid disputes over immigration enforcement reforms following Minneapolis shootings.
Two U.S. Navy ships collided during a training mission in the Caribbean on February 11, resulting in minor injuries. The incident highlights ongoing regional security operations.
UN officials and diplomats discuss the Spring Festival’s growing global impact and cultural relevance in 2026, highlighting unity and tradition in modern times.
2026 China-Malawi Cultural Exchange Year bridges traditions and trade as Lunar New Year celebrations highlight deepening Asia-Africa connections.
Ukrainian skeleton slider Vladyslav Heraskevych barred from Winter Olympics after displaying war victims’ images on helmet, sparking global debate on sports and politics.
Survivors of Epstein’s trafficking network and U.S. lawmakers criticize DOJ redactions, demanding full transparency and justice for victims.
Angola proposes February 18 ceasefire in DR Congo conflict, with regional leaders and AU mediators pushing peace efforts amid Rwanda’s skepticism over implementation.
Cyclone Gezani claims 36 lives in Madagascar, displaces thousands, and causes widespread destruction. International aid urged amid ongoing recovery challenges.
China’s National Natural Science Foundation celebrates 40 years while expanding support for cutting-edge research under President Xi’s new strategic directives.
US lawmakers clash over redacted Epstein documents in 2026 hearing, revisiting two decades of investigations into the financier’s sex trafficking network.
Hamas conditions disarmament on Israel’s full adherence to the 2025 ceasefire, linking weapons retention to political goals amid stalled peace talks.
At least 21 dead as ferry capsizes on Sudan’s Nile River, sparking calls for improved water transport safety measures.
Kenya’s flower industry enters peak season ahead of Valentine’s Day 2026, supplying global markets while supporting half a million jobs and boosting economic growth.