Beyond the Dollar: Global South Rethinks US Fiscal Fragility
As US fiscal strains mount, the Global South is exploring fresh paths beyond the dollar, from local currency deals to digital trade pacts.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
Trump Clears Path for Nippon Steel-U.S. Steel Deal with $11B Commitment
President Trump signs an order approving Nippon Steel’s $11B acquisition of U.S. Steel under security safeguards, reversing a previous block and reshaping transpacific trade.
Credit Growth in the Chinese Mainland Accelerates in May on Fiscal Stimulus
Credit growth in the Chinese mainland accelerated in May, driven by fiscal stimulus and government bond issuance, boosting loans and money supply in early 2025.
Trade Thaw Between Chinese Mainland and U.S. Sparks Business Rush
The 90-day tariff adjustment between the Chinese mainland and the United States ignites a surge of orders, from Yiwu to Fujian, as exporters seize new business opportunities amid uncertainty.
Cautious Optimism: What’s Next for China-U.S. Trade After London Talks
Following the London talks, China-U.S. trade relations enter a phase of cautious de-escalation, with supply chain shifts and tech controls shaping the path ahead.
How US Tariff Hikes Could Fuel Global Inflation
Experts warn that proposed US tariff hikes could fuel global inflation by raising costs for consumers and businesses.
Trump Expands 50% Steel Tariffs to Imported Home Appliances
Trump expands 50% steel tariffs to home appliances from June 23. Global supply chains and prices brace for impact.
China-Africa Expo Kicks Off with $11B in New Deals and Modernization Focus
The Fourth China-Africa Economic and Trade Expo opened in Changsha, Hunan Province, with nearly 4,700 companies, $11B in preliminary deals and a focus on modernization and digital transformation.
Lagarde: Tariff Threats Cloud Global Growth Prospects
ECB chief Christine Lagarde warns that looming tariff threats are stalling investments and clouding global growth expectations, fueling uncertainty worldwide.
ECB President Urges Global Cooperation Amid Tariff Uncertainties
ECB President Christine Lagarde calls for central bank unity amid trade uncertainties, highlighting ECB-PBOC cooperation and strengthening China-EU ties.