China plans to strengthen its economy for this year. The country will focus on providing durable goods for consumers and equipment for businesses.
China is implementing measures to boost its economy in 2025, including increased ultra-long treasury bond funding, interest rate cuts, and financial aid programs for durable goods and business equipment upgrades.
The government aims for 5% growth for 2025, while accepting a budget deficit of 4% of GDP, despite challenges such as the property crisis and potential U.S. tariffs.
China's Vice Secretary of the National Development and Reform Commission, Yuan Da, expressed optimism about the country's economic recovery for this year.
Millions of government workers received wage increases averaging 500 yuan, approximately $70 per month from July 2024, injecting an estimated $12–20 billion into the economy.
These pay raises aim to stimulate spending, though some critics question their focus on civil servants, arguing that the move may damage private sector.
The U.S. government on Wednesday signed an executive order to ease federal regulations on commercial rocket launches, potentially benefiting SpaceX an...
North Korea’s Kim Yo Jong, a senior official in the ruling Workers’ Party, said on Thursday that South Korea’s belief in Pyongyang’s response ...
U.S. President Donald Trump warned of “severe consequences” if Russia’s Vladimir Putin refuses to agree to peace in Ukraine, while suggesting a ...
The U.S. Department of Energy announced on Wednesday that the Trump administration has unveiled a nearly $1 billion funding plan to boost U.S. product...
Spain is calling on European partners for assistance as wildfires rage across the country during one of its longest and hottest heatwaves on record....
The U.S. Department of Energy announced on Wednesday that the Trump administration has unveiled a nearly $1 billion funding plan to boost U.S. production of critical minerals and materials, aiming to reduce reliance on foreign suppliers, particularly China.
The Philippine government reported that a Chinese jet fighter intercepted a Philippine Coast Guard (PCG) aircraft with journalists onboard during a patrol over the Scarborough Shoal on 13 August, further straining tensions in the South China Sea.
China has set a preliminary anti-dumping duty of 75.8% on Canadian canola imports from Thursday, escalating a trade row that began after Ottawa imposed tariffs on Chinese electric vehicles last year.
Chinese authorities have summoned major tech firms, including Tencent and ByteDance, over their purchases of Nvidia’s H20 AI chips, raising concerns about information security and urging companies to rely on domestic suppliers amid escalating regulatory scrutiny.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
A magnitude 5.2 earthquake struck 56 kilometres east of Gorgan in northern Iran early Sunday morning, according to preliminary seismic data.
Bitcoin surged to a new all-time high as expectations grow for U.S. interest rate cuts and regulatory moves favoring crypto investment, boosting investor confidence in the sector.
The U.S. budget deficit surged nearly 20% in July to $291 billion despite a significant increase in customs duty collections from President Donald Trump’s tariffs, as government spending outpaced revenue growth.
The National Carrier of Türkiye, Turkish Airlines has announced an increase in the number of its weekly flights to China.
Norway's $2 trillion sovereign wealth fund said on Monday it is terminating contracts with asset managers handling its Israeli investments and has divested parts of its portfolio in the country over the situation in Gaza and the West Bank.
The Syrian Civil Aviation Authority has signed a $4 billion agreement with an international consortium last week (6 August), including companies from Türkiye, Qatar and the United States, aiming to expand Damascus International Airport.
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