Big manufacturing economies struggle as US tariffs hit order books
The world’s big manufacturing economies struggled to fire up in October, business surveys showed on Monday, as weak U.S. demand…
Hainan’s new duty-free shopping policy aims to stimulate tourism spending
As a popular tourist destination, South China’s Hainan Province attracts tourists with its duty-free shopping. From this month, new products…
What to do if your flight is delayed or canceled during the US government shutdown
The U.S. government shutdown has now dragged on for over a month, and shortages of air traffic controllers are straining…
AI Now Accounts for a Third of US Market Value—What That Means For The Economy
When Nvidia became the world’s first $5 trillion company last week, the milestone underscored how much AI has come to…
How the U.S. Economy Has Defied Doomsday Predictions on Tariffs
When President Trump announced sweeping tariffs in April, economists predicted surging inflation and raised the odds of a recession. Companies…
US economy at risk of wobble as lower-income consumers get squeezed
The U.S. consumer’s durability as a prop for the economy may be tested in coming weeks as family budgets, particularly…
Cuts to US ‘fentanyl tariffs’ help Chinese exporters close the gap on competition
Analysts said the reduction in US tariffs creates space for Chinese producers to gain on Asian competitors – particularly in…
Trump hails ‘lasting’ deal with Xi, dangles more possible tariff cuts
Just back from his whirlwind Asia tour, US President Donald Trump on Friday hailed a newly negotiated trade deal with…
China’s Xi holds court at APEC summit after Trump trade truce
President Xi Jinping sought to cast China as the predictable champion of free and open trade at the APEC forum…
US Fed lowers interest rates quarter point, but December rate cut in doubt
The dollar gained on Wednesday (Oct 29) after the US central bank lowered rates as expected, but Federal Reserve Chair…