Things are getting awkward for the Federal Reserve. With their eye on inflation, officials are inclined to hold rates steady when they meet in Washington on Tuesday and Wednesday. But fears of a slowdown are mounting, and President Donald Trump and some of his deputies keep hammering the central bank for an interest-rate cut. Caught…
To investors worried about the direction of volatile markets over the next few weeks, fear not. I have some good news for you. The impact of US President Donald Trump’s tariff tantrum is abating. The markets are back to normal – at least for now. But to understand why markets have somewhat recovered, albeit temporarily,…
Hong Kong’s economy expanded by 3.1 per cent year on year in the first quarter of 2025, according to advance government estimates. Figures released by the Census and Statistics Department on Friday showed gross domestic product (GDP) increased by an estimated 3.1 per cent in real terms in the first three months. A government spokesman…
The US Senate confirmed long-time China critic David Perdue as the new US ambassador to China on Tuesday, a key role amid escalated bilateral tensions and a high-stakes tariff showdown between the world’s two largest economies. Perdue, 75, a former US senator for the state of Georgia and a veteran business executive, was confirmed in…
First they drop the onions into the pot. Then in go the chickpeas and garlic cloves, all under the watchful eyes of chef Luis Montoya. For a group of women in Miami, Florida, mostly mothers and grandmothers, this one-pot meal can solve a challenge: how do you prepare easy and affordable healthy meals in a…
China will hold off on entering serious trade talks with the US while it waits to see which of Donald Trump’s advisers will have his ear and how other countries will respond to the 90-day pause on tariffs, according to sources. The Trump administration was “too divided” and China was in no rush to negotiate…