U.S. Consumer Confidence Hits Pandemic Low Amid Tariff Anxiety
U.S. consumer confidence hits lowest level since COVID-19 onset as tariff anxieties and recession fears weigh on economic sentiment.
Business
Comprehensive coverage of economic and business news worldwide, with a strong focus on Asia’s emerging markets, trends, and opportunities.
Read More
US Dollar Dominance Fades: Risks Beyond Recent Geopolitics
Long-term structural risks, from fiscal policy to financial weaponization, challenge the US dollar’s global reserve status beyond recent geopolitical shifts.
Xi Jinping Tours New Development Bank to Boost Asian Economic Ties
President Xi Jinping’s New Development Bank visit spotlights China’s push for sustainable growth partnerships and Asia-centric financial solutions.
China Urges U.S. to Cease Tariff Threats for Trade Dialogue
China urges U.S. to halt tariff threats, advocating equal negotiations to resolve trade disputes amid escalating economic tensions.
US Tariff Policy Threatens Free Trade: Ex-South African Envoy
Former South African diplomat Gert Grobler criticizes US protectionist policies, warning they risk global trade stability and hurt international cooperation.
Apple’s Supply Chain Faces $33B Tariff Hit as U.S. Adjusts Trade Policy
New U.S. tariffs threaten to cost Apple $33B annually, reshaping tech supply chains across Japan, South Korea, and the Taiwan region. Analysis reveals cascading impacts.
Tariffs and Cross-Border Costs Squeeze Global Consumers
Global consumers face rising costs as US-China tariffs pressure cross-border e-commerce platforms, impacting wallets worldwide.
China’s Service Trade Surges 8.7% in Q1 2024
China’s service trade expands 8.7% in Q1 2024, driven by a 21.8% surge in travel services and steady growth in knowledge-intensive sectors.
Majority of Americans Criticize Trump’s Economic Impact, CNN Poll Finds
A CNN poll reveals 59% of Americans believe Trump’s policies hurt the economy, with rising discontent over trade policies and living costs.
China Boosts Private Sector Role in Energy Transition
China unveils measures empowering private enterprises to drive green energy transition, enhance tech innovation, and expand global competitiveness.
China’s Slow Trains: Rural Lifelines Boost Agriculture, Economy
China’s slow trains emerge as economic engines, connecting farmers to markets and narrowing urban-rural divides through affordable agricultural transport solutions.
China Urges Caution in CK Hutchison Ports Deal Amid Regulatory Review
China calls for prudence in CK Hutchison’s ports acquisition as regulators launch antitrust review, reaffirming commitment to open markets amid global scrutiny.
U.S. Faces Stagflation Risk as Tariffs Fuel Consumer Stress, Apollo Warns
Apollo Global Management warns U.S. tariffs are triggering stagflation risks, slowing trade with the Chinese mainland, and straining consumer confidence.
China Unveils New Economic Measures to Boost Employment, Growth
China announces new policies to stabilize employment and boost economic growth, emphasizing innovation and sustainable industries.
US Tariff Policies Risk Stifling Domestic Economic Growth
New study warns US tariff measures could trigger $1.07 trillion GDP loss and weaken corporate competitiveness amid global trade tensions.
China to Host Global Trade & Investment Summit in May 2025
China announces 2025 Global Trade Summit in Beijing, focusing on digital transformation and shared economic growth strategies.
China Confident in Achieving 2025 Economic Targets, Says Official
China\u2019s NDRC projects confidence in meeting 2025 economic targets, citing policy flexibility and strategic reforms to support sustained growth.
China’s Q1 Trade Certificates Surge 14.9%, Led by RCEP Growth
China issues 14.9% more trade certificates in Q1 2024, with RCEP-related documents surging 27% as businesses leverage regional partnerships amid global challenges.
China Anticipates 27% Surge in May Day Border Crossings
China forecasts a 27% rise in May Day cross-border travel, with 2.15M daily crossings, driven by tourism and regional connectivity.
China Unveils New Measures to Stabilize Economy, Boost Employment
China announces new economic stabilization policies targeting employment and high-quality development, per NDRC official statement.