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Business Times is a digital global news publication that provides comprehensive coverage and analysis of the most important business, economic, financial, political and technological issues from China and around the world.
U.S.-Brokered Truce Halts Black Sea, Energy Strikes as Russia …
Mar 25, 2025 · Russia and Ukraine have agreed to suspend attacks in the Black Sea and on energy infrastructure under parallel agreements brokered by the United States, marking the first coordinated pause in hostilities since President Donald Trump returned to office. The deals, confirmed Tuesday after talks in Riyadh, include a 30-day ceasefire on energy targets and an agreement to "eliminate the use of ...
U.S. Tariff Chaos Stokes Recession Fears Across North America ...
Mar 11, 2025 · The risk of recession in the United States, Canada, and Mexico is growing as U.S. trade policy remains in flux, according to a survey of economists conducted this week. The Trump administration's abrupt implementation and subsequent suspension of 25% tariffs on imports from its North American neighbors have created widespread uncertainty, leaving businesses and financial markets struggling to ...
Myanmar Earthquake Death Toll Tops 2,000 as China, Russia Lead …
1 day ago · Rescue operations intensified across Myanmar and Thailand on Monday following a devastating 7.7-magnitude earthquake that has claimed the lives of over 2,000 people. The death toll in Myanmar alone has reached at least 2,065, with more than 3,900 injured and over 270 still missing, according to ...
White House Directs Federal Agencies to Prepare for Large-Scale …
Feb 27, 2025 · The Trump administration has ordered federal agencies to prepare for sweeping job cuts, directing them to submit plans for large-scale layoffs by March 13. A memo from the Office of Management and Budget (OMB) and the Office of Personnel Management (OPM) outlined the reduction in force (RIF) strategy, which could eliminate thousands of positions and permanently reshape the federal workforce.
House Passes GOP's Funding Bill by Slim Margin, Averting Friday ...
Mar 12, 2025 · The House of Representatives narrowly approved a Republican-backed stopgap spending measure Tuesday evening, passing President Donald Trump's proposal to keep the government funded through September and avoiding a shutdown set for midnight Friday. The measure passed by a vote of 217-213, with near ...
China’s Xi Pledges Open Markets to Global Executives as Trump …
4 days ago · Chinese President Xi Jinping issued a high-profile appeal to foreign investors on Friday, hosting over 40 top global business executives in Beijing as the country confronts a deepening economic slowdown and rising geopolitical tensions with the United States. The meeting comes just days ahead of an expected new round of sweeping U.S. tariffs set to be announced by President Donald Trump.
China Labeled Top U.S. Threat in Intelligence Report as Beijing ...
6 days ago · China remains the foremost military, cyber, and strategic competitor to the United States, according to a new annual assessment by U.S. intelligence agencies, which outlined growing concerns over Beijing's long-term ambitions to surpass Washington in artificial intelligence, undermine U.S. infrastructure, and potentially seize Taiwan.
ECB Cuts Rates Again Amid Economic Uncertainty and Trump’s …
Mar 7, 2025 · The European Central Bank (ECB) on Thursday lowered its key interest rates by 25 basis points, marking the second rate cut this year as policymakers navigate economic challenges, including sluggish growth, inflationary concerns, and potential U.S. tariffs under President Donald Trump.
Economy : Business Times
"Japan has slipped into a recession, leading to the loss of its position as the world's third-largest economy-a title now held by Germany. This shift comes as Japan's Gross Domestic Product (GDP) shrank at an annualized pace of 0.4% in the final …