Chinese exports grew at a slower pace than expected in May, official figures published Monday showed, hours ahead of expected talks between Beijing and Washington aimed at easing a gruelling trade war.Imports fell more dramatically than expected last month, with weak domestic consumption in the world’s number two economy highlighted by data earlier in the …
Chinese exports grew slower than expected in May, according to official data Monday, as shipments to the United States tumbled amid global trade turmoil triggered by Donald Trump’s tariff blitz.The figures also showed imports suffered a forecast-beating drop, with weak domestic consumption in the world’s number two economy highlighted by data earlier in the day …
The Oklahoma City Thunder, fueled by an efficient 34 points from Shai Gilgeous-Alexander, thumped the Indiana Pacers 123-107 on Sunday, punching back hard to level the NBA Finals at one game apiece.NBA Most Valuable Player Gilgeous-Alexander connected on 11 of 21 shots and added five rebounds, eight assists and four of Oklahoma City’s 10 steals …
Thunder rumble to 123-107 win over Pacers to level NBA Finals Read More »
Stocks rallied Monday on hopes that a fresh round of China-US trade talks later in the day will ease tensions between the economic superpowers, while investors were also cheered by forecast-topping US jobs data.The gains extended a run-up across global markets in recent weeks as fears about Donald Trump’s tariff blitz subside and countries make …
Asian markets rally ahead of latest China-US trade talks Read More »
After a round of talks in Geneva last month, the United States and China will sit down at the negotiating table in London on Monday to attempt to preserve a fragile truce on trade, despite simmering tensions.US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer will lead the US delegation, …
US, China seek to extend trade truce with London talks Read More »
Disney’s family-friendly “Lilo & Stitch” kept up its dominance of the early summer North American box office, winning for a third week in a row with $32.5 million in ticket sales, industry estimates showed Sunday.The live-action remake of a 2002 animated film of the same name has so far raked in $335.8 million in the …
Disney’s ‘Lilo & Stitch’ tops N.America box office for third week Read More »
US airlines and aerospace manufacturers insist they have no use for tariff protections, warning that the proposed Trump administration levies could eat into the healthy trade surplus the sector has enjoyed for more than 70 years.At the request of President Donald Trump, Commerce Secretary Howard Lutnick’s department launched an investigation on May 1 to determine …
Major stock indexes pushed higher Friday as data showed the US labor market is resilient despite uncertainty over President Donald Trump’s tariffs, while upcoming US-China talks added to hopes of easing trade tensions.Tesla stocks regained some ground after plunging Thursday following a stunning public row between the company’s billionaire boss Elon Musk and Trump.A below-par reading …
Stocks climb on reassuring jobs data, US-China trade optimism Read More »
US President Donald Trump announced Friday a new round of trade talks with China in London next week, a day after calling Chinese counterpart Xi Jinping in a bid to end a bitter battle over tariffs.The talks in the British capital on Monday will mark the second round of such negotiations between the world’s two …
Trump says fresh US-China trade talks in London next week Read More »
A Japanese court overturned a $92 billion damages verdict on Friday against ex-bosses of the operator of Japan’s stricken Fukushima nuclear plant, thought to be the largest such award ever in the country for a civil lawsuit.Four former executives had in 2022 been ordered to collectively pay 13.3 trillion yen in a suit brought by …
Japan court rejects $92 bn damages verdict against Fukushima operator ex-bosses Read More »
