Trade War

Exports to the US from Chinese online shops such as Temu and Shein have plunged in the face of Donald Trump’s trade war, as shipping from China to the EU has increased. Official Chinese data showed its total e-commerce shipping to the US dropped 65% by volume in the first…

Reuters FILE PHOTO: A worker walks past cars made by South Korea's automaker Kia Motors which is a sister company of South Korea’s biggest automaker company Hyundai Motors at the company's shipping yard at a port in Pyeongtaek, South Korea, April 2, 2025. REUTERS/Kim Hong-Ji/File Photo By Nick Carey LONDON…

Key topics Trump's trade war with China has escalated but is unlikely to succeed. The US is alienating allies and weakening its global influence under Trump. China holds strong trade leverage and can endure more economic pain. Sign up for your early morning brew of the BizNews Insider to keep…

Chinese factory activity contracted in April at its fastest pace since July 2023. Photo: STR / AFP Source: AFP Stocks started limply Wednesday as investors struggled to match Wall Street's rally, with data showing Chinese factory activity contracted this month at its fastest pace for nearly two years as Donald…

China's manufacturing activity shrank in April after growing at its highest rate in a year the previous month. Photo: STR / AFP Source: AFP China's manufacturing activity shrank in April after growing at its highest rate in a year the previous month, official data showed Wednesday, as Beijing fights an…

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Ethereum’s price has been going up due to the rising buying pressure following overall market recovery. The easing of tensions in the China-US trade war has also made investors feel more positive about Ethereum. Because of this, crucial on-chain numbers for Ethereum have jumped, and activity in DeFi has also…

Author of the article: Washington Post Rachel Pannett, Frances Vinall, Amanda Coletta, Victoria Bisset, The Washington Post Published Apr 29, 2025  •  5 minute read Canada's Prime Minister and Liberal Party Leader Mark Carney waves to supporters at a victory party in Ottawa on April 29, 2025. (Photo by DAVE…

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It remains to be seen if the deals will be as spectacular as last year In a year marked by uncertainty, Amazon has been our guiding light. First, it sent Katy Perry to space, and now it’s bringing back its mega summer time shopping event, Prime Day. So far, the…