US to tighten trade rules to hit low-cost China shipments
Washington (AFP) - The United States unveiled a new rule Friday to tighten an exemption allowing low-value imports to enter...
Friday, January 17, 2025
Economy
IMF raises global growth outlook and flags rising economic divergence
Washington (AFP) - Global growth is expected to increase slightly this year while remaining stuck below its pre-pandemic average, the...
Trump’s economic plans could cause inflation: IMF chief economist
Washington (AFP) - Donald Trump's economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told...
Bootleg liquor deaths revive debate on Turkey alcohol tax
Istanbul (AFP) - With 38 people dead in four days and 26 in intensive care after drinking bootleg liquor in...
‘No money’: gloom on Beijing streets as economic growth slows
Beijing (AFP) - Consumers pinching pennies, businesses seeing fewer customers, and a pervading sense that the economy just isn't bouncing...
Insurance access for US homeowners with higher climate risks declines
Washington (AFP) - Homeowners in areas of the United States with the highest climate-related risks saw declining access to insurance,...
US Treasury nominee says Trump can usher in ‘economic golden age’
Washington (AFP) - Donald Trump's nominee for Treasury chief defended potential tax cuts and tariffs Thursday, telling lawmakers at his...
China property giant Vanke’s CEO ‘taken away’ by police: report
Beijing (AFP) - The head of one of China's biggest property firms has been "taken away" by police, state-backed media...
Chinese apps including TikTok hit by privacy complaints in Europe
Vienna (AFP) - Online privacy campaigners said Thursday they had filed complaints in several European countries against six Chinese companies...
Taiwan’s TSMC says net profit rose 57% in fourth quarter
Taipei (AFP) - Taiwanese chipmaking giant TSMC on Thursday announced a better-than-expected net profit for the fourth quarter as it...
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