Fed Signals “Pessimistic” Outlook as Tariffs Weigh on US Economy
The Fed’s Beige Book warns of a neutral to pessimistic US economic outlook as rising tariffs and policy uncertainty put upward pressure on prices and hiring decisions.
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Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
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China GDP Forecasts Soar After Strong H1 Data
Major banks lift China growth forecasts after 5.3% H1 GDP jump. High-tech output, retail and exports fuel optimism as investors eye tech and consumption rebounds.
GENIUS or Folly? US Stablecoin Plan Could Spark Global Contagion
The US GENIUS Act legalizes stablecoins backed by Treasuries but risks global financial contagion, prompting calls for dedollarization and stronger safeguards.
Australian Filmmakers Pivot to China Amid US Tariff Threats
Australian filmmakers are deepening ties with China to offset proposed US tariffs on non-Hollywood productions and secure new markets.
China-Malaysia Visa-Free Travel Starts July 17
China and Malaysia officially launch mutual 30-day visa-free travel from July 17, 2025, after a successful 19-month trial that saw millions of cross-border visits and booming tourism.
South Korea’s Supreme Court Clears Samsung Chairman Lee in 2015 Merger Case
South Korea’s Supreme Court upheld a not-guilty verdict for Samsung Electronics chairman Lee Jae-yong in a 2015 merger fraud case, ending years of legal uncertainty.
US Nears Trade Deals with India and EU as August Tariff Deadline Looms
President Trump says the US is close to clinching a trade deal with India and in talks with the EU, while Canada remains uncertain ahead of the Aug. 1 tariff deadline.
Chinese Chamber of Commerce Urges Fair EU EV Tariffs
CCCEU urges EU to ensure fair market access for Chinese mainland EV makers, warning against decoupling and calling for transparent trade rules aligned with climate goals.
Premier Li Qiang Pushes Domestic Market and Tames NEV Competition
Chinese premier Li Qiang chaired a State Council meeting to boost domestic consumption, regulate NEV competition, and review fiscal audits.
3rd China International Supply Chain Expo Sparks Global Innovation
At the 3rd China International Supply Chain Expo in Beijing, 651 companies from 75 countries and regions unveil innovations across six key sectors, from advanced manufacturing to green agriculture.