April 14, 2025
Data show 'sky won't fall' for China's trade
In the first quarter of 2025, China's foreign trade showed steady performance, with the total goods trade volume increasing by 1.3 percent year-on-year to 10.3 trillion yuan ($1.41 trillion), according to the General Administration of Customs.
April 9, 2025
China sets 84% tariffs on all US products in reaction to Trump's 104%
Stock markets fall further in UK, Germany, France and Spain as trade war escalates, after China says it will not ‘sit idly by’
April 4, 2025
China retaliates strongly against Trump’s ‘bullying’ tariffs amid rising global recession concerns
China has hit back hard against Donald Trump’s “bullying” tariffs, raising fears that the escalating trade war could trigger a global recession and prompting fresh turmoil in financial markets.
March 29, 2025
With the CFPB weakened, could risky lending make a comeback?
The Consumer Financial Protection Bureau, the banking watchdog created after the subprime mortgage meltdown and the 2008 global financial crisis, has been thrown into chaos as the Trump administration works to drastically limit its operations.
March 24, 2025
Scott Bessent: ‘I can’t guarantee’ America will avoid a recession
Is a recession brewing in the US? The answer to that question will vary depending on whom you ask in the Trump administration — and when.
March 19, 2025
Consumer spending rebounded in February, but inflation is still above target
Americans increased their spending last month after taking a breather in January, while inflation was a mixed bag, new Commerce Department data showed Friday.
March 15, 2025
CNBC Fed Survey: Slower economic growth is likely ahead with risk of a recession rising, according to the CNBC Fed Survey
The 32 survey respondents, who include fund managers, strategists and analysts, raised the probability of recession to 36% from 23% in January.
March 10, 2025
Asia-Pacific markets rise as Hong Kong tech stocks rally; Baidu shares pop 12%
Investors will be keeping a close watch on Japanese markets, as the Bank of Japan kicks off its two-day monetary policy meeting.
March 5, 2025
German stocks lift European markets higher ahead of debt reform vote; Novo Nordisk gains 3.5%
European markets opened in positive territory on Tuesday, with investor focus on the German government as it votes on historic debt reforms.
February 28, 2025
Asia-Pacific Market Downturn as Trump Confirms Next Week's Tariff Implementation
On Thursday, Trump announced that proposed tariffs of 25% on Canada and Mexico will be implemented on March 4 after a month-long postponement.
February 24, 2025
Trump administration, Musk’s DOGE plan to fire nearly all CFPB staff and wind down agency
Employees testified that CFPB leaders and Elon Musk's DOGE want to wind down the agency to five employees, the minimum required under law.
