Latest in China explores services subsidy to boost weak domestic demand
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China explores services subsidy to boost weak domestic demand
Support for travel, tourism and sports comes as Beijing doubles funding for goods trade-in scheme to $41bnFinancial Times - 4d -
China is tackling weak consumption with child care subsidies
Among the top five priorities China has laid out for boosting consumption is child care subsidies.CNBC - Mar. 19 -
China unveils plan to ‘vigorously boost’ weak consumption
Policymakers seek to spur demand as economy battles deflationary pressureFinancial Times - Mar. 17 -
China announces plan to 'vigorously boost consumption' in bid to shore up economy
The plan was to vigorously boost consumption, expand domestic demand, and "enhance consumption capacity by increasing income and reducing burdens."CNBC - Mar. 17 -
China raises state funding for strategic minerals amid US trade war
Authorities increase subsidies for exploration and mining to shore up high-tech supply chainFinancial Times - Mar. 20 -
Airline CEOs warn domestic travel demand is slowing
Airline CEOs say economic uncertainty and a drop in government travel is driving down domestic travel demand.CNBC - Mar. 11 -
Consumer prices fell in China in February and remain flat in a sluggish economy
Consumer prices fell in China in February for the first time in 13 months, as persistent weak demand was compounded by the early timing of the Lunar New Year holidayABC News - Mar. 9 -
Supreme Court leans toward upholding federal internet subsidy program
The Supreme Court leaned toward upholding a $9 billion subsidy program that funds phone and internet services in rural areas and schools during oral arguments Wednesday. The dispute gives the ...The Hill - 2d -
BMW warns of €1bn profit hit from global tariff war
Carmaker’s earnings down a third last year on weak demand from China and global recallFinancial Times - Mar. 14 -
India approves legislation to boost oil and gas exploration
‘Far-reaching’ amendments to 1948 law highlight reluctance to wean world’s most populous nation off fossil fuelsFinancial Times - Mar. 12 -
Douglas warning on weak demand fuels 22% plunge in beauty retailer’s shares
German group points to global trade tensions exacerbating hit to sales and profitsFinancial Times - Mar. 21 -
Ministers explore cuts to BBC World Service as part of aid budget cull
Director-general Tim Davie preparing for ‘engagement’ with Foreign Office over impactFinancial Times - Mar. 15 -
Protests on International Women's Day in Turkey demand protection from domestic violence
Thousands of women have taken to the streets of Turkish cities to mark International Women’s Day, protesting inequality and violence against womenABC News - Mar. 8 -
China gives IPOs the green light
Change in stance by Beijing follows rebound in domestic stocksFinancial Times - 1d -
China plans to ‘vigorously boost consumption’ to shore up economy
Communist party aims to ‘promote reasonable wage growth’ and to reduce financial burdens amid Trump tariffs. Business live – latest updates China’s government has announced ambitious plans to ...The Guardian - Mar. 17 -
Taiwan boosts defence readiness in show to US and China
Exercise to strengthen resilience are part of broader effort to raise armed forces’ capabilitiesFinancial Times - 2d -
China’s retail sales strengthen at the start of the year, industrial output tops expectations
China's economic data for the first two months of the year showed a modest pickup as Beijing reiterated its plan to bolster domestic consumption.CNBC - Mar. 17 -
Stitch Fix’s stock rallies after styling service boosts full-year sales forecast
Shares of Stitch Fix rallied after hours on Tuesday, after the online clothing and styling service nudged its full-year sales forecast higher and said its turnaround efforts were working, even as ...MarketWatch - Mar. 12 -
BMW posts 37% drop in annual net profit, warns of 'subdued' Chinese demand
BMW's net profits slumped by more than a third in 2024 as weaker demand in China and Germany weighed on the high-end car manufacturer.CNBC - Mar. 14 -
Trump’s Moves Are Boosting Stocks … Overseas
For years, the S&P 500 soared above the stock indexes of other countries. But since Trump’s inauguration, it has fallen 6 percent and is now trailing major markets in Europe and China.The New York Times - Mar. 16 -
China calls for protections for students in US after congressional panel demands data from colleges
Beijing has demanded protections for Chinese students in the U.S. after a congressional panel asked six American universities to hand over a large amount of detailed information on their Chinese ...ABC News - Mar. 20 -
Oil prices end higher as a rise in gasoline demand helps ease economic growth fears
Oil futures settled higher Wednesday, finding support from overall weakness in U.S. dollar, as well as data from the Energy Information Administration showing a notable weekly rise in gasoline ...MarketWatch - Mar. 12 -
US, Japan, Philippines stage navy drills in disputed South China Sea
The United States, Japan and the Philippines have staged joint naval drills to boost crisis readiness off a disputed South China Sea shoal as a Chinese military ship kept watch from a distanceABC News - 13h -
US, Japan, Philippines stage navy drills in disputed South China Sea
The United States, Japan and the Philippines have staged joint naval drills to boost crisis readiness off a disputed South China Sea shoal as a Chinese military ship kept watch from a distanceABC News - 13h -
3 Remaining free agent options for Jaguars to boost depth at positions of need
The Jaguars very well could be done adding to the roster. However, if James Gladstone wants to further explore free agency, here are three options.Yahoo Sports - 5d -
Trump’s Attacks Give Zelensky a Popularity Boost in Ukraine
The Ukrainian leader’s approval rating is rising, and critics have backed off after he was humiliated and criticized by President Trump, who has also demanded new elections in Ukraine.The New York Times - Mar. 10 -
China's consumer inflation turns negative for the first time in 13 months
The data comes as investors continue to look for signs that Beijing's stimulus measures can help to boost the country's struggling economic recovery.CNBC - Mar. 9 -
ESPN names Georgia football's biggest weakness
ESPN labels Georgia's weakness next season as the running back room.Yahoo Sports - 1d -
Japan revises fourth-quarter GDP lower, complicating BOJ's interest rate outlook
Japan's economic growth slowed to 2.2% on an annualized basis in the fourth quarter as the country grapples with tepid domestic demand.CNBC - Mar. 11 -
A fight for transparency and accountability is coming to the UN
If the U.S. insists on accountability in domestic spending, it should demand the same for every dollar spent abroad.The Hill - Mar. 20 -
BYD’s annual sales top $100bn for first time
Chinese electric vehicle company has benefited from rising demand for plug-in hybrids in its domestic marketFinancial Times - 4d -
Canada and Philippines will sign a key defense pact to boost combat drills and military ties
Canada and the Philippines, both vocal critics of China’s increasingly aggressive actions in the South China Sea, have concluded negotiations for a key defense pact that will allow their forces to ...ABC News - Mar. 7 -
Germany Says Europe Must Respond to Trump’s Auto Tariffs
The United States is a crucial export market for the German auto industry, which is already suffering from weak sales and increased competition from China.The New York Times - 1d -
Maritime regulator says ‘fight fire with fire’ and levy China ships at US ports
Federal Maritime Commission chair says taxes on Chinese vessels docking in US should be used to create domestic championsFinancial Times - Mar. 17 -
Beijing pledges greater market access as top global CEOs gather at the China Development Forum
The forum came as Beijing seeks to attract foreign investment as its economy grappled with sluggish domestic consumption and escalating trade tensions.CNBC - 4d -
China's $41 billion plan to boost consumption is just a start as deflationary pressures deepen
Chinese policymakers have increasingly acknowledged the need to counter deflationary pressure at home.CNBC - Mar. 11 -
China's Commerce Ministry held talks with Walmart after report on price cut demand, state media says
Chinese and American companies should "work together" to respond to U.S. "unilateral imposition of tariffs," Chinese state media said.CNBC - Mar. 12 -
NCAA committee tables Army, Navy request to add regular-season game in hopes of boosting CFP chances
The service academies play their annual rivalry game one week after the playoff field is selectedCBS Sports - Mar. 13
