15:30
Retailer Shein fined

Shein fined €40M in France for deceptive pricing

Fast fashion retailer Shein has been fined €40 million ($47.17 million) by France’s antitrust watchdog for allegedly having misleading discounts and unclear environmental claims, despite the company’s claim that the issues were fixed a year ago.

08:30
Asia factory growth

Asian manufacturing hit by tariff worries

Factory activity across much of Asia weakened in June due to ongoing uncertainty over U.S. tariffs, though slight improvements in China, Japan, and South Korea offered cautious optimism ahead of key trade talks.

19:30
UN staff cuts

UN trade agency warns of 'painful' cuts as demand rises

The United Nations Conference on Trade and Development agency (UNCTAD) faces deep staffing cuts amid a global funding crisis, raising concerns about its ability to support developing nations navigating economic shocks like U.S. tariffs.

00:30
'Great beautiful bill'

CBO: 'The great beautiful bill' could create unequal income growth

The U.S. Congressional Budget Office (CBO) has released its latest forecast on the budgetary and income distribution impacts of the tax reform bill dubbed “The Great Beautiful Bill,” approved on 22 May in the House of Representatives under President Donald Trump.

15:30
Dollar weakens

Euro hits 4-year high as dollar weakens on trade

The euro surged to its highest level in nearly four years against the U.S. dollar, as global investors turned to safe-haven assets amid growing geopolitical tensions and uncertainty surrounding the U.S.-China trade deal.

05:24
South Korea Stock Market

South Korea Stock Market Hits Highest Level in Three Years

South Korea's main stock index, the Korea Composite Stock Price Index (KOSPI), rose by 35.19 points, or 1.23%, on Wednesday, closing at 2,907.04. This marks its highest closing level since 14 January, 2022, when it reached 2,921.92 points.

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