- 7h ago
Chinese exports jump 27% in June, car shipments top 1 million units as imports also beat forecasts
Outbound shipments jumped 27% in dollar terms while imports climbed 36%, both handily beating analyst estimates, as auto exports crossed 1 million units for the first time and AI-related chip demand lifted trade across Asia.
- 2d ago
Typhoon Bavi weakens to tropical storm after hitting eastern China, 1.7 million evacuated, 17 dead in Philippines
Typhoon Bavi made landfall in Zhejiang province late Saturday, bringing torrential rain and forcing nearly two million evacuations before weakening to a severe tropical storm on Sunday morning.
- 3d ago
Typhoon Bavi weakens to tropical storm after slamming eastern China, forcing 2.8 million evacuations and injuring 134 in Taiwan
Typhoon Bavi made two landfalls in Zhejiang province late Saturday before weakening to a tropical storm early Sunday, with authorities evacuating more than 2.8 million people across eastern China.
- Jul 4
USMNT's World Cup dream crushed by Belgium 4-1 after red card scandal and political firestorm
A 4-1 loss to Belgium ended the host's run, but it was the overturning of Folarin Balogun's suspension after Trump's petition that turned a knockout match into a diplomatic incident.
- Jun 25
Micron's AI-fueled earnings beat steadies markets after tech rout; oil slides on Hormuz easing
Global stock markets found their footing after a sharp tech sell-off, as Micron Technology's stronger-than-expected quarterly results and bullish AI demand outlook reassured investors. Oil prices extended declines to multi-month lows amid progress in the Strait of Hormuz.
- Jun 23
Global markets slide as AI bubble fears trigger tech sell-off; KOSPI plunges 10%, Nasdaq down 3%
A wave of profit-taking on overvalued AI and chip stocks swept across global markets on 23 June, with South Korea's KOSPI index tumbling nearly 10% and the Nasdaq falling 3% at the open.
- Jun 19
Trump signs 14-point Iran framework at Versailles as allies and rivals label it a strategic capitulation
US President Donald Trump signed a 14-point framework agreement with Iran at the Palace of Versailles on 18 June 2026, ending a war that shut the Strait of Hormuz and rattled global energy markets, but critics from his own party and European allies immediately denounced it as a diplomatic debacle.
- Jun 18
US and Iran sign framework to end war, but Israel keeps fighting in Lebanon and Hormuz shipping stays frozen
A framework deal to halt the Iran war was signed by Washington and Tehran, yet Israeli troops remain in southern Lebanon, a drone strike there killed one man, and tanker traffic through the Strait of Hormuz is still barely above single digits.
- Jun 17
China's retail sales drop for the first time since 2022 as households pull back on cars and appliances
Retail sales in the world's second-largest economy fell 0.6% year-on-year in May, the first contraction since December 2022, as a property slump and weak confidence kept households from spending on big-ticket items.
- Jun 9
Sinner undergoes two-day medical check-up in Milan after Roland Garros physical collapse
World number one Jannik Sinner spent four hours at Milan's San Raffaele hospital on Monday for scheduled tests, returning Tuesday to complete a check-up probing the physical breakdown that ended his French Open campaign.
- Jun 9
Pentagon adds Alibaba, Baidu and BYD to Chinese military blacklist, drawing sharp rebuke from Beijing
The US Department of Defense has updated its list of companies it says support China's military, adding e-commerce group Alibaba, search provider Baidu and automaker BYD. Beijing immediately called the move discriminatory and urged Washington to stop suppressing Chinese firms.
- Jun 5
Antonelli shrugs off Russell's mind games and names Ferrari favourite for Monaco Grand Prix
Championship leader Kimi Antonelli arrives at the Monaco Grand Prix with a 43-point cushion, calling Ferrari the weekend favourite while batting away teammate George Russell's claim that the title is 'his to lose'.
