China on Sunday said “we are not afraid of” a trade war with the United States after President Donald Trump vowed to impose punishing new retaliatory tariffs on Chinese imports. A spokesperson for China’s Ministry of Commerce accused the U.S.…
China’s economic slowdown deepened in August with a raft of key indicators missing expectations, as weak domestic demand persisted and Beijing’s campaign against industrial overcapacity curbed output. Retail sales last month rose 3.4% from a year earlier, data from the…
While inflation rates have cooled in recent years, U.S. Open attendees may still be experiencing the aftertaste as they sip on the tennis championship’s iconic beverage. The so-called Honey Deuce carries an eye-popping price tag of $23. While the drink…
There was no deal when U.S. President Donald Trump met his Russian counterpart Vladimir Putin on Friday. That was not unexpected. The summit, which was initially arranged to discuss a ceasefire to Moscow’s war in Ukraine, was on Tuesday reframed…
Earnings season always seems to roll around with alarming frequency. The newsroom approaches each quarter with a nervous energy, but this summer it feels especially heightened. Recent market records in both the U.S. and Europe, alongside an unpredictable economic environment,…
Singapore’s economy grew at 4.3% year over year in the second quarter of 2025, accelerating from 4.1% in the first three months and beating expectations. Reuters poll of economists had forecast a 3.5% growth. On a quarter-on-quarter basis, Singapore’s GDP…
Oil prices fell 1% on Monday as an easing of geopolitical risks in the Middle East and the prospect of another OPEC+ output hike in August boosted the supply outlook. Brent crude futures fell 66 cents, or 0.97%, to $67.11…
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