China cut benchmark lending rates for the first time since October on Tuesday, while major state banks lowered borrowing costs as authorities work to ease monetary policy to help buffer the economy …
FINANCE
China’s economy slows as trade war hits retail sales, housing
China’s April economic data fell short as Trump’s tariffs hit retail, manufacturing, and property, raising deflation and demand concerns amid trade tensions.
Oil retreats as US and China growth concerns weigh
Oil slipped on Monday, weighed down by Moody’s downgrade of the U.S. sovereign credit rating and official data that showed slowing growth in China’s industrial output and retail sales. U.S. special …
China’s fresh belt-tightening push takes aim at white elephants, lavish meals and flowers
New rules to cut wasteful government spending and projects are ‘most stringent’ since austerity drive first launched in 2013, observer says.
Trump’s pause on China tariffs prompts companies to make ‘panic’ purchases
China trade war, President Trump announces a 90-day tariff reduction, prompting U.S. companies to engage in ‘panic buying’.
China asks US to maintain stability of international financial system after Moody’s downgrade
China on Monday called on the United States to take responsible policy measures to maintain the stability of the international financial and economic system and safeguard the interests of investors.
Analysis: Trump’s truce with China on tariffs comes at a cost to U.S. credibility
U.S.-China trade talks in Geneva resulted in a temporary slash of tariff rates, but the ripple effect of this tit-for-tat escalation won’t disappear anytime soon.
Trump’s deal with China could lead to higher storage costs for U.S. companies
China trade war, a temporary tariff reduction agreement has been reached. While this offers short-term relief, the 90-day window is causing U.S. companies to rush orders, leading to increased storage …
How Xi Jinping sparked China’s electricity revolution
Beijing’s aggressive pursuit of energy self-sufficiency could give it the upper hand in the trade war with the US.
RBA Poised for ‘Hawkish Cut’ as US-China Reprieve Boosts Outlook
Australia’s central bank is set to lower interest rates for a second time this year as price pressures ease and US-China trade tensions take a pause, though lingering risks around both suggest the …
China advances high-level opening-up of financial sector amid global economic shifts: report
China achieved notable progress in 2024 in developing a more scientific and stable financial regulatory system while advancing high-level opening-up of its financial sector, according to a key policy …
China vs. U.S. Stock Markets: Who’s Winning the Global Showdown?
The United States and China dominate the global financial landscape, with their economic influence shaping markets worldwide and impacting investment, policy, a …
WHO faces financial crisis as US withdrawal looms, China set to become the top donor
The World Health Organisation will face a major funding cut as the United States exits in January 2026. This will leave a $600 million gap. The WHO plans to prioritize key functions like vaccine …
