China retail sales stall in April as economic momentum weakens

China’s economy lost significant momentum in April as consumer spending nearly stalled and major industrial indicators missed expectations, reinforcing concerns over weakening domestic demand and rising economic pressure. Official data released Monday showed retail sales rose just 0.2% year on year, the weakest pace since late 2022. The......

Trump and South Korea’s Lee discuss outcome of U.S.-China summit

South Korean President Lee Jae Myung and U.S. President Donald Trump held a phone conversation on Sunday to discuss the results of the recent U.S.-China summit, according to the South Korean presidential office. During the call, President Trump reportedly briefed President Lee on his talks with Chinese President Xi Jinping, covering key topics......

Taiwan says its security cannot be used as a bargaining tool

Taiwanese President Lai Ching-te has declared that the island’s security and stability cannot become part of political bargaining, amid renewed international debate over relations between China and the United States. In a public statement, Lai emphasized that peace in the Taiwan Strait is essential not only for Taiwan but also for global......

Iran appoints chief negotiator Bagher Ghalibaf to oversee relations with China

Iran has appointed its senior political figure and chief negotiator, Mohammad Bagher Ghalibaf, to oversee relations with China, according to reports from local media. Ghalibaf, who currently serves as speaker of the Iranian Parliament and plays a key role in negotiations involving international powers, has reportedly been named special representative......

China aviation regulator meets Boeing and GE executives following Trump visit

China’s civil aviation regulator has held meetings with senior executives from Boeing and General Electric in Beijing, according to official statements released on Sunday. The discussions took place over two separate days and involved top representatives from both companies, which are key players in the global aerospace and aviation......

China prepares to launch new crewed space mission to Tiangong station

China is preparing to launch a new crewed space mission in the coming days, marking another step in its expanding space exploration program. According to the China Manned Space Agency, the Shenzhou-23 spacecraft, carried by a Long March 2F rocket, has been moved to the launch tower at the Jiuquan Satellite Launch Center in the Gobi Desert......

Trump returns from China with stability and strategic stalemate

U.S. President Donald Trump returned from his latest visit to China after high-level discussions with Chinese President Xi Jinping that resulted in limited economic agreements but no major diplomatic breakthrough. The summit, held in Beijing, reflected a calmer atmosphere between the world’s two largest economies following months of......

Vladimir Putin to visit China days after Donald Trump’s trip

Russian President Vladimir Putin is scheduled to visit China on May 19 and 20 for high-level talks with Chinese President Xi Jinping, according to an announcement from the Kremlin. The visit comes only a few days after U.S. President Donald Trump traveled to China, highlighting the growing diplomatic activity surrounding relations between......

Taiwan reaffirms its independent status after Trump’s warning

Taiwanese authorities reaffirmed the island’s status as an independent and sovereign nation following recent comments made by U.S. President Donald Trump regarding tensions between Taipei and Beijing. In an official statement released on Saturday, Taiwan’s foreign ministry declared that the island operates as a democratic and......

Chinese officials meet Citigroup and Goldman sachs executives in Beijing

Chinese officials held high-level meetings in Beijing with leading American financial executives as both countries continue efforts to strengthen economic dialogue despite ongoing geopolitical tensions. According to reports from state-backed media, senior Chinese authorities, including officials from the country’s securities regulator......

UAE accelerates pipeline project to bypass Strait of Hormuz

The United Arab Emirates has moved to speed up construction of a major east-west oil pipeline designed to significantly increase crude export capacity through the port of Fujairah and reduce reliance on the Strait of Hormuz. The decision comes as regional maritime routes face sustained disruption linked to heightened geopolitical tensions......

Oil surge rattles markets as inflation fears intensify

Global equity markets fell on Friday as a sharp rise in oil prices and higher bond yields reignited concerns that central banks may be forced to tighten monetary policy again. Investors reversed recent optimism over potential interest rate cuts, shifting toward expectations of prolonged monetary pressure across major economies. The move reflected......

Amazon cancels Lord of the Rings MMO after years of setbacks

Amazon Games has confirmed the cancellation of its long troubled massively multiplayer online game based on the world of The Lord of the Rings, ending another major attempt to build a large scale online experience around one of fantasy’s most valuable franchises. Company executive Jeff Grattis said the studio continues exploring other......

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