The United States was rocked by another political tragedy after Charlie Kirk, a conservative figure and close supporter of Donald Trump, was shot dead while attending an event at Utah Valley University. This incident immediately sparked national outrage, given that Kirk was known as an influential young figure in the conservative movement and a frequent mobilizer of Trump's voter base. The shooting is feared to deepen political polarization in the US, with Republicans viewing it as an attack on free speech, while the issue of gun control has resurfaced. This political uncertainty has the...
China is targeting American agricultural exports as it prepares retaliatory measures against new US import tariffs, China's state-backed Global Times reported, raising the stakes in an escalating trade war between the world's top two economies. US President Donald Trump last week threatened China with an additional 10% tariff that would take effect on Tuesday, resulting in a cumulative tariff of 20%, and accused Beijing of not doing enough to stop the flow of fentanyl into America, which China said amounted to "blackmail." "China is studying and formulating relevant countermeasures in...
Top Republicans aligned with U.S. President Donald Trump pushed Ukrainian President Volodymyr Zelenskiy on Sunday to change his position on the war with Russia or step aside, ramping up pressure on the Ukrainian leader after a contentious White House meeting last week. European leaders gave a show of support to Zelenskiy at a meeting in London on Sunday, with British Prime Minister Keir Starmer urging his counterparts to step up their defense efforts, just two days after Trump and Vice President JD Vance clashed with Zelenskiy in the Oval Office, spurring him to leave early without signing...
Ukrainian President Volodymyr Zelenskiy urged President Donald Trump on Friday not to compromise with a killer, referring to the Russian leader, as they met to sign a deal for U.S. participation in Ukraine's mineral industry. Trump and Zelenskiy sat down for talks in the Oval Office as Kyiv seeks to bolster U.S. support and Trump opens talks with Moscow. Zelenskiy, who has billions of dollars in U.S. arms and moral support from the Biden administration for his war on Russia, faces a stark contrast from Trump. Trump wants to end the three-year war, improve relations with Russia and recoup...
The Federal Reserve's preferred gauge of inflation over the past 12 months moved lower in January, marking modest progress toward the central bank's 2% target, the Commerce Department said Friday. The personal-consumption-expenditures price index increased by 0.3% month over month in January, putting its 12-month rise at 2.5%. That is down from 2.6% in December.The core PCE price index, which excludes volatile food and energy costs increased by 0.3% last month as well. Its 12-month increase declined to 2.6%, from a revised 2.9% a month earlier.Both numbers landed close to Wall Street...
Core consumer prices in Japan's capital rose 2.2% in February from a year earlier, data showed on Friday, slowing for the first time in four months but remaining well above the central bank's 2% target.The persistently high inflation will likely support the case for the central bank to continue its monetary policy tightening campaign.The increase in the core consumer price index (CPI), which excludes volatile fresh food costs, was slower than a median market forecast of 2.3% and a 2.5% gain in January.A separate index that strips away the effects of both fresh food and fuel costs, closely...
China's official NBS Manufacturing PMI increased to 49.7 in June 2025 from May's 49.5, matching market expectations while marking the third consecutive month of contraction in factory activity.
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Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
Less than four months ago, President Donald Trump met with Qatar's leader, praised his magnificent palace, and signed a comprehensive defense agreement with the Gulf monarchy, a key ally that hosts...