China Cuts Reserve Ratio by 0.5 Points, Unlocks $139B Liquidity
China’s central bank cut the reserve requirement ratio by 0.5 percentage points, freeing 1 trillion yuan in liquidity to support credit growth, tech lending and economic recovery.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
China Briefs Markets on New Financial Policy Package
Chinaâs State Council Information Office briefed the press on a financial policy package to stabilize the market and expectations, with top regulators fielding questions.
EU Mulls Anti-Tariff Measures as US Pause Nears End
EU Trade Chief Maros Sefcovic warns ‘All options remain on the table’ as 90-day US tariff pause on EU goods nears expiry.
U.S. Florists Face Rising Costs as Tariffs Spike
U.S. florists grapple with soaring tariffs on imported blooms from Latin America and packaging from the Chinese mainland, forcing tough choices ahead of major gifting seasons.
Australia Challenges US 100% Film Tariffs After Labor Win
Australia’s Labor government challenges a 100% US tariff on foreign-made films while pursuing EU trade talks and market diversification.
US Automakers Brace for âDramatic Impactâ from New Tariffs
US automakers warn of a dramatic impact from new auto tariffs, facing uncertainty in a âbrave new worldâ of trade policy shifts.
Skechers Sale Looms Under Trumpâs Tariffs in $9.4B Deal
Under mounting tariffs, US footwear leader Skechers agrees to a $9.4B sale to 3G Capital, highlighting trade-war squeeze on global supply chains and industry shakeups.
Chinese Mainlandâs May Day Holiday Sparks Travel Boom
The Chinese mainlandâs 5-day May Day holiday led to 340.95 million domestic trips on day one. Discover how spring weather and extra days off fueled a record tourism surge.
Experts Warn Trump’s 100% Film Tariff Could Kill US Movie Industry
Industry experts warn President Trump’s 100% tariff on foreign films could devastate US cinema by slashing production and chilling global storytelling.
Hollywood on Edge: Trump’s Film Tariffs Spark Retaliation Fears
Hollywood on edge as Trumpâs film tariff plan sparks fears of global retaliation and market shake-up.