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Rare earth minerals have become the latest flashpoint in US-China trade tensions, with Beijing leveraging its near-total dominance over the sector to push back against American tariffs. China currently mines around 70% of the world’s rare earths and processes 90%, holding ...

The UK economy shrank by 0.3% in April, marking a sharp slide from March’s 0.2% growth and exceeding economists’ forecasts of a 0.1% decline. This downturn coincided with the implementation of US tariffs as well as a wave of domestic tax ...

The World Bank has downgraded its global GDP growth forecast for 2025 to 2.3 percent, a sharp decline from the 2.7 percent projection made in January. This marks the weakest economic performance in nearly two decades, excluding periods of outright recession. ...

Asian markets showed cautious optimism on Tuesday as investors tracked ongoing trade talks between the US and China in London, hoping for an easing of tariffs that have strained global supply chains and weighed on sentiment. Tokyo’s Nikkei 225 climbed 0.9% ...

Top US officials met their Chinese counterparts in London this week in a renewed push to stabilize trade relations between the world’s two largest economies. With Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent, and Trade Representative Jamieson Greer leading the ...

Silver surged past $36 per troy ounce on Thursday, marking its highest price since 2012 after gaining more than 4% in futures trading. The move underscores silver’s strong performance in 2025, with prices now up over 20% year to date. While ...

Europe’s steel industry is on high alert as Washington doubles down on protectionism, raising tariffs on imported steel and aluminium to 50%. This dramatic hike has already reignited tensions with the EU and intensified fears of a global supply glut redirecting ...

Global smartphone shipment growth is now expected to reach just 1.9% year-on-year in 2025, according to Counterpoint Research, down sharply from a previous 4.2% projection. Most affected by the slowdown are Apple and Samsung, whose shipment outlooks have taken a hit ...

Eurozone inflation dipped below the European Central Bank’s 2% target for the first time since September 2024, coming in at 1.9% in May. The sharper-than-expected slowdown, down from 2.2% in April, has boosted market expectations of a 25 basis point rate ...

The US is set to double tariffs on steel and aluminium imports to 50%. The increase, due to take effect on June 4, adds pressure on European exporters and threatens the stability of transatlantic trade talks. The European Commission issued a ...

European companies are increasingly cutting costs and rethinking their investment strategies in China as the country’s economy shows persistent signs of strain. According to the European Union Chamber of Commerce’s 2025 Business Confidence Survey, falling profit margins and sluggish demand are ...

Nvidia’s latest earnings report sparked a 5% jump in after-hours trading, pushing the chipmaker’s stock within 8% of its January peak. With fiscal Q1 2026 revenue climbing 69% to $44.1 billion and earnings per share reaching $0.96, Nvidia beat Wall ...

Germany’s DAX notched a new record high, climbing 0.18% to 24,269.47, as investors responded to signs of progress in US-EU trade negotiations. The move capped a third consecutive day of gains for European markets, with the Euro Stoxx 600 inching up ...

Shares of BYD dropped sharply this week after the Chinese EV giant announced sweeping price cuts across 22 models, triggering fresh worries about a price war in China’s already competitive electric vehicle market. BYD’s stock slid 4% in Tuesday’s Hong Kong ...

Last Friday, US President Donald Trump reignited threats of sweeping tariffs, sinking both stocks and the dollar. A 25% tariff on Apple if it doesn’t shift iPhone production to the US, followed minutes later by a proposed 50% levy on ...