The China Mail - Economy

EUDR Solution From Source Intelligence Simplifies Deforestation Due Diligence

The SaaS platform streamlines risk assessment, data collection, and submissions for companies navigating EUDR compliance

England's Carter suffers racist abuse at Euro 2025

England football chiefs have alerted police after defender Jess Carter revealed she has been the target of "a lot of racial abuse" during the Women's Euros in Switzerland.

Western aid cuts cede ground to China in Southeast Asia: study

China is set to expand its influence over Southeast Asia's development as the Trump administration and other Western donors slash aid, a study by an Australian think tank said Sunday.

Anxious relatives await news from Vietnam wreck rescue

Relatives anxiously sat beside ambulances on the wharf of one of Vietnam's most popular tourist sites on Sunday, waiting for news of loved ones who were on a tourist boat that capsized killing dozens.

Japan sees bright future for ultra-thin, flexible solar panels

Japan is heavily investing in a new kind of ultra-thin, flexible solar panel that it hopes will help it meet renewable energy goals while challenging China's dominance of the sector.

Jensen Huang, AI visionary in a leather jacket

Unknown to the general public just three years ago, Jensen Huang is now one of the most powerful entrepreneurs in the world as head of chip giant Nvidia.

Restoring sea floor after mining may not be possible, researchers warn

Scientists present at the latest effort to hash out international rules for deep-sea mining say it's unclear if it's possible to restore damaged sea floor ecosystems -- or how long it would take.

Dozens dead in Vietnam after Ha Long Bay tourist ferry sinks

Rescuers were desperately searching for five people still missing on Sunday after 37 were killed when a boat capsized in one of Vietnam's most popular tourist destinations.

Tourist boat capsizes in Vietnam's Ha Long Bay, leaving 34 dead

A tourist boat ferrying families around Vietnam's Ha Long Bay capsized in a storm on Saturday afternoon, leaving at least 34 people dead, according to state media reports, as rescuers scrambled to locate the missing.

18 dead, dozens missing as Ha Long Bay tourist boat capsizes

At least 18 people have died and dozens are missing after a tourist boat carrying more than 50 capsized Saturday in Vietnam's Ha Long Bay, state media said.

Venezuela receives 7 kids left behind in US after parents deported

Venezuela on Friday received seven children who had been left behind in the United States after their parents were deported by the Donald Trump administration.

Argentines commemorate Jewish center bombing, demand justice

Hundreds of Argentines gathered Friday to commemorate the 1994 bombing of a Jewish cultural center that killed dozens, demanding justice for a crime for which there has not yet been a trial.

Stocks consolidate after bumper week buoyed by resilient US economy

US and European stock markets stalled or trimmed gains on Friday after a bullish week buoyed by US data and upbeat company earnings.

What's in the EU's two-trillion-euro budget bazooka?

EU members got their first chance on Friday to debate the bloc's two-trillion-euro budget bazooka, laying bare divisions among the 27 capitals over the spending plans for 2028-2034.

Disinformation catalyses anti-migrant unrest in Spain

The rare anti-migrant violence that recently rocked a Spanish town demonstrated how online disinformation feeds xenophobic hate speech, which leapt from screens to real life with the support of politicians, experts said.

Resilient US economy spurs on stock markets

Upbeat company earnings and healthy US data buoyed stock markets on Friday, pushing ongoing concerns about President Donald Trump's tariffs into the background.

Trump administration seeks to release some of Epstein probe material

President Donald Trump attempted Friday to control the storm triggered by a bombshell report on his friendship with Jeffrey Epstein, ordering the Justice Department to seek the release of testimony from the prosecution of the late, alleged sex-trafficker-to-the-famous.

New clashes rock Syria's Druze heartland as tribal fighters reinforce Bedouin

Armed tribes supported by Syria's Islamist-led government clashed with Druze fighters in the community's Sweida heartland on Friday, a day after the army withdrew under Israeli bombardment and diplomatic pressure.

EU targets Russian oil in tough new Ukraine war sanctions

The EU on Friday adopted a sweeping new package of sanctions on Russia over the Ukraine war, looking to pile more pressure on the Kremlin by lowering a price cap for Moscow's oil exports.

Stocks up, dollar down tracking Trump moves and earnings

European and Asian stocks markets closed out the week broadly higher Friday following Wall Street's latest record highs sparked by healthy US retail data and upbeat earnings.

Sharaa's pullout from Syria Druze heartland exposes shaky leadership

Under Israeli bombardment and diplomatic pressure, Ahmed al-Sharaa pulled troops from Syria's Druze heartland -- a move that exposes the interim leader's weakness just as he sought to assert control.

Trump threatens to sue WSJ, Murdoch over story on alleged 2003 letter to Epstein

US President Donald Trump threatened to sue The Wall Street Journal and owner Rupert Murdoch Thursday over a story about an alleged off-color letter he wrote to Jeffrey Epstein, amid lingering political fallout over his administration's handling of the late financier's sex trafficking case.

US Congress approves $9 bn in Trump cuts to foreign aid, public media

US Republicans early Friday approved President Donald Trump's plan to cancel $9 billion in funding for foreign aid and public broadcasting, vowing it was just the start of broader efforts by Congress to slash the federal budget.

China mulls economy-boosting measures to counter 'severe situation'

China is prepared to take measures and has a "plentiful" toolbox to avoid an economic slump in the second half of the year, its commerce minister said Friday as he admitted it faced a "very severe and complex situation".

South Korea to end private adoptions after landmark probe

South Korea is set to overhaul its adoption system on Saturday by ending the decades-old practice of outsourcing adoptions to private agencies, which has led to widespread allegations of abuse.

Brazil's Lula calls Trump's tariff threat 'unacceptable blackmail'

Brazilian President Luiz Inacio Lula da Silva on Thursday slammed Donald Trump's threat to impose 50 percent tariffs on Latin America's largest economy as "unacceptable blackmail."

Gulf Air orders 12 Boeing 787 Dreamliners

US aviation giant Boeing on Thursday signed a contract valued at $7 billion to sell 12 787 Dreamliners, with options for six more, to Gulf Air, as the Bahrain-based carrier looks to expand its global network.

Japan rice prices double, raising pressure on PM

Rice prices in Japan soared 99.2 percent in June year-on-year, official data showed Friday, piling further pressure on Prime Minister Shigeru Ishiba ahead of elections this weekend.

Netflix profits surge off ads, higher subscription prices

Netflix reported stronger than expected second-quarter results Thursday, with profit jumping 45 percent year-over-year as the streaming giant benefited from subscription price increases and a growing advertising business.

US stocks end at fresh records as markets shrug off tariff worries

A jump in US retail sales boosted world markets Thursday even as investors mulled the US rates outlook, US President Donald Trump's tariffs and the future of Federal Reserve boss Jerome Powell.

Netflix profits surge 45% off higher subscription prices