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.
News & Insights Across Asia
Explore major global developments, features, and analyses, with emphasis on Asia’s role and impact in international affairs.
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.
Chinese FM Wang Yi calls for BRICS unity to protect developing nations’ interests amid global shifts, emphasizing opposition to unilateralism at key security meeting.
From guide dogs to water buffalo, explore Asia’s unsung animal heroes this Labor Day. Discover their roles in boosting independence and cultural traditions.
Hawaii lawmakers propose hiking hotel taxes to fund climate resilience initiatives, aiming to protect beaches, homes, and combat wildfires.
China’s Zhao Xintong reaches World Snooker Championship semifinals for first time, set to face childhood hero Ronnie O’Sullivan in historic clash.
Kawasaki Frontale defeats Al Nassr 3-2 in AFC Champions League semifinal, advancing to historic first final against Al Ahli.
China dominates Sudirman Cup Group A with a 4-1 victory over Thailand, advancing to the knockout stage with standout performances in doubles matches.
Chinese Foreign Minister Wang Yi reaffirmed support for Iran’s nuclear negotiations and commitment to enhancing bilateral strategic cooperation during high-level talks in Brasilia.
NASA’s Juno mission uncovers volcanic dynamics on Jupiter’s moon Io and atmospheric insights, enhancing understanding of our solar system.
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’s board initiates search for new CEO as leadership focus shifts and financial performance declines, reports WSJ.
Meta unveils LlamaCon AI conference and new personal assistant app, signaling major strides in generative AI development. Impacts on Asia’s tech landscape explored.
A historical comparison between Trump’s tariff policies and medieval Venice reveals contrasting approaches to trade strategy, offering insights for today’s global economy.
U.S. Foreign Policy magazine analyzes China’s cultural sector growth through film and gaming successes, linking them to domestic economic strategies.
BRICS foreign ministers emphasized fair global trade and multilateral reforms at Rio meeting, addressing protectionism and UN principles.
Turkish court suspends Swedish journalist’s sentence over alleged insult to President Erdogan amid strained diplomatic relations.
China and Brazil pledge to enhance cooperation through BRICS framework, challenging unilateralism and advocating for developing nations’ interests in global governance.
North Macedonia leverages 50th EU-China anniversary to expand trade and industrial cooperation, with bilateral exchange hitting $1.22 billion in 2024.
BRICS ministers reaffirm opposition to unilateral actions, emphasizing multilateral trade and the Global South’s role in fostering equitable global governance.
Chinese mainland officials condemn Taiwan leader’s ‘two states’ remarks, reaffirming one-China principle as essential for cross-strait dialogue.