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China

Section
Tajikistan decriminalizes ‘likes’ on extremist social media posts
Tajikistan decriminalizes 'liking' social media posts deemed extremist

ALMATY, Tajikistan: Tajikistan has officially removed criminal liability for liking social media posts that the government deems extremist,...

Walmart warns shoppers of price hikes amid rising tariffs
Walmart shoppers to face price hikes as Trump tariffs hit

BENTONVILLE, Arkansas: Walmart shoppers are bracing for price hikes as the world's largest retailer prepares to pass on the impact...

Tariff threat pushed US smartphone shipments up by 30% in March
US smartphone shipments rose 30% in March due to tariff concerns

WASHINGTON, D.C.: Smartphone shipments to the United States jumped 30 percent in March as manufacturers including Apple, Samsung, and...

Sweden backs EU entry into Pacific trade bloc
Sweden to propose EU membership of Pacific rim free trade group CPTPP

STOCKHOLM, Sweden: Sweden plans to propose that the European Union join the Pacific Rim trading bloc, the CPTPP, aiming to create the...

US inflation slows to 4-year low as food prices fall, rents rise
Lower food prices tame US consumer inflation in April

WASHINGTON, D.C.: In April, U.S. consumer prices went up slightly. Rent costs increased, but food prices went down, which helped keep...

China's passenger car sales rise for third straight month in April
Chinese passenger car sales rise for a third month in April

SHENZHEN, China: China's passenger car sales climbed for the third consecutive month in April, increasing 14.8 percent from a year...

Business

Section
Wall Street falters as America's credit rating is downgraded
Moody's AAA rating downgrade dents U.S. stock markets, dollar, bonds

NEW YORK, New York - U.S. stocks struggled on Monday as a further downgrading of U.S. debt by Moody's sent the dollar sliding and Treasury...

Richemont sales up 7% on strong jewelry demand
Cartier owner Richemont beats expectations as jewelry shines

PARIS, France: Richemont, the owner of luxury brands Cartier and Van Cleef & Arpels, posted a stronger-than-expected seven percent...

Japan’s economy shrinks, first contraction in a year
Japan's economy shrinks more than expected as US tariff hit looms

TOKYO, Japan: Japan's economy contracted for the first time in a year, shrinking at a faster pace than expected in the first quarter...

Summer could strain power supply in US, Canada, grid operator warns
Middle swath of North America at risk of power shortfalls this summer

WASHINGTON, D.C.: Parts of the U.S. and Canada may not have enough electricity this summer if hot weather causes more people to use...

Amid retail slowdown, Dick’s Sporting to acquire Foot Locker
Dick's Sporting to buy Foot Locker for $2.4 billion

CORAOPOLIS, Pennsylvania: Dick's Sporting Goods is set to acquire Foot Locker in a US$2.4 billion deal, marking the second major footwear...

Walmart warns shoppers of price hikes amid rising tariffs
Walmart shoppers to face price hikes as Trump tariffs hit

BENTONVILLE, Arkansas: Walmart shoppers are bracing for price hikes as the world's largest retailer prepares to pass on the impact...