China’s exports to the United States collapsed in May, plunging 34.5% year-on-year in the sharpest drop since the pandemic-era crash of early 2020. The dramatic fall underscores escalating trade…
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China’s consumer prices declined for a fourth consecutive month in May, heightening concerns over persistent deflation and sluggish domestic demand despite ongoing government stimulus efforts. Data released…
Rents declined across most major U.S. metro areas in May, marking the largest year-over-year drop in two years as rising supply outpaced demand, according to new data from…
In the first quarter of 2025, the euro area and the European Union both registered a seasonally adjusted GDP growth of 0.6% compared to the previous quarter, according…
Japan’s Cabinet has approved a comprehensive five-year plan to enhance the country’s disaster resilience, committing more than 20 trillion yen ($139 billion) toward bolstering critical infrastructure through…
U.S. President Donald Trump reacted angrily this week to a question referencing the growing use of the term “TACO trade” on Wall Street, a mocking acronym that stands for…
Nvidia Corporation reported mixed first-quarter results, outperforming revenue and earnings expectations but acknowledging significant challenges related to U.S. export controls affecting its China operations. The chipmaker posted revenue of…
Meta is moving forward with plans to use public Facebook and Instagram posts from users across the European Union, including Germany, to train its artificial intelligence systems, following the expiration of…
ADNOC Drilling Company has secured a $1.15 billion contract from ADNOC Offshore for the deployment of two state-of-the-art jack-up rigs, marking a significant addition to its offshore operations portfolio.…
The European Union and the United States have agreed to expedite trade negotiations, following a high-level phone call between European Commission President Ursula von der Leyen and U.S. President Donald Trump. The agreement…