Tuesday, July 8, 2025
Economy
Rich Chinese exile guilty of fraud in New York
New York (AFP) - A wealthy Chinese businessman Guo Wengui, a self-styled opponent of the authorities in Beijing, was found...
IMF maintains 2024 global growth forecast, warns of inflation risk
Washington (AFP) - The IMF held global growth expectations for 2024 steady in a report Tuesday even as it cut...
Poisoned by arsenic, and with no way out, Peruvians live in fear
Huarmey (Peru) (AFP) - Sayuri Moreno found out while pregnant that her body was contaminated with arsenic, but could not...
US retail sales flat in June as consumption cools
Washington (AFP) - Retail sales in the United States slipped less than analysts anticipated in June on a weaker performance...
Cartier-owner Richemont says China sales tumble 27%
Zurich (AFP) - Cartier-owner Richemont said Tuesday its quarterly sales in China tumbled by 27 percent as the deepening economic...
Young Chinese seek alternative jobs in shifting economy
Hengdian (China) (AFP) - Braving loneliness, tough auditions and an unfamiliarly hot and humid climate, aspiring actor Guo Ting is...
China making youth unemployment a ‘top priority’
Shanghai (AFP) - At a job fair for soon-to-be graduates in central Shanghai, recruiters sat bored under washed-out tarpaulins as...
Beijingers feel the pinch as economic data disappoints
Beijing (AFP) - Shopping online, skipping meals out and a general sense that decades of double-digit growth are very much...
Recent data adds to Fed confidence on cooling inflation: Powell
Washington (AFP) - Federal Reserve Chair Jerome Powell said Monday that recent data boosts the central bank's confidence that inflation...
Swatch profits plunge as China luxury crisis bites
Zurich (AFP) - Swiss watch group Swatch saw its first half profits plunge due to the luxury market crisis in...
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