Apple Braces for $900M Tariff Impact in Q3 as Supply Chains Shift
Apple faces $900M in Q3 tariffs as it shifts iPhone production to India, while China sales decline sparks investor concerns.
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RSAC 2024: Global Cybersecurity Leaders Confront AI-Driven Threats
Cybersecurity experts from 142 countries gather at RSAC 2024 in San Francisco to address AI-driven threats and forge global defense strategies.
China Enacts Historic Private Sector Law to Boost Economic Growth
China’s new private sector law establishes legal safeguards for businesses, addressing market access and innovation protection to boost economic resilience amid global challenges.
China’s May Day Tourism Boom: Inbound Trips Surge 173%
China’s inbound tourism during the May Day holiday surged 173%, driven by tax refund reforms and Shanghai’s enhanced visitor services.
China’s May Day Travel Rush Hits Record Highs Amid Tourism Boom
China’s May Day holiday sees 1.42 billion domestic trips and a 27% surge in international travel, driven by relaxed visa policies and economic recovery.
Ex-Serbian FM Slams US Tariffs as ‘Deception,’ Highlights Global Backlash
Former Serbian FM Ivan Mrkić condemns US tariff strategies as deceptive, warning of global economic repercussions and Asia’s pivotal stability role.
US Q1 Economic Contraction Sparks Recession Fears as Tariffs Bite
U.S. GDP contracts 0.3% in Q1 2024 as tariff-driven trade disruptions and spending cuts trigger rising recession concerns among economists and businesses.
From Feud to Pact: U.S. and Ukraine Seal Strategic Minerals Deal
The U.S. and Ukraine sign a landmark minerals agreement, establishing a joint investment fund for reconstruction and securing preferential access to resources amid ongoing peace negotiations.
Tesla Board Explores CEO Succession Plan Amid Leadership Shifts
Tesla’s board initiates search for new CEO as leadership focus shifts and financial performance declines, reports WSJ.
BRICS Ministers Urge Unity Against Protectionism at Rio Meeting
BRICS foreign ministers emphasized fair global trade and multilateral reforms at Rio meeting, addressing protectionism and UN principles.
China Enacts Landmark Law to Boost Private Sector Growth
China’s new private sector promotion law, effective May 2025, ensures fair competition, boosts innovation, and strengthens legal protections to drive high-quality economic growth.
Irish Councilor Criticizes US Tariffs as Trade Tensions Rise
Cork County Council’s Jack White urges the US to reconsider tariffs, emphasizing global support for free trade and economic cooperation.
China Boosts Private Sector with New Legislation
China passes historic law supporting private enterprises, with 57 million firms now driving 92% of businesses. New rules aim to ensure fair competition and sustainable growth.
China’s Humanoid Robots Transform Daily Life Amid Tech Push
Shanghai pioneers humanoid robot integration in homes and factories, signaling China’s tech evolution and addressing societal needs through intelligent automation.
Over 40% of Japanese Prefectures Roll Out Aid Amid U.S. Tariff Pressures
40% of Japanese prefectures offer financial aid to sectors hit by U.S. tariffs, with regional governments urging trade negotiations and export diversification.
US Push for Reciprocal Tariffs Sparks Global Economic Backlash
US tariff policies face criticism as analysts warn of destabilized global trade frameworks, rising prices, and diplomatic tensions across Asia and beyond.
Qingdao Port Emerges as Global Leader in Smart Shipping Innovation
Once a modest fishing harbor, Qingdao Port has transformed into a smart shipping powerhouse, driving global trade and fostering ASEAN partnerships through innovative technologies.
China’s April Manufacturing PMI Contracts to 49.0; Analysts Signal Resilience
China’s manufacturing PMI dips to 49.0 in April, signaling contraction, but experts highlight sector resilience and policy-driven growth opportunities.
China Enacts Historic Law to Boost Private Sector Growth
China passes first-ever private sector promotion law to strengthen economic growth and innovation, effective May 20. Key move for businesses & investors.
Amazon Reverses Course on Tariff Display Plan Amid White House Backlash
Amazon abandons plan to display tariff costs after White House criticism, sparking debate over trade policies and corporate responsibility in global markets.