Trump's 50% Tariff on Amazon Sparks Fears of Retail UpheavalTrump's 50% Tariff on Amazon Sparks Fears of Retail Upheaval
TikTok Shop US Mid-Year Sale Posts Stellar First-Week Results: Multi-Modes and Categories ThriveTikTok Shop US Mid-Year Sale Posts Stellar First-Week Results: Multi-Modes and Categories Thrive
U.S. Launches Section 301 Investigation Against BrazilU.S. Launches Section 301 Investigation Against Brazil
Singapore Leads Globally in Cross-Border Shopping Penetration with Strong Consumer VigorSingapore Leads Globally in Cross-Border Shopping Penetration with Strong Consumer Vigor
Indonesia's customs and traditionsIndonesia's customs and traditionsIndonesia, the world's largest archipelago, comprises over 17,000 islands straddling the equator. Its rich cultural heritage and breathtaking landscapes reflect a unique blend of traditions, religions, and natural wonders.
Unprecedented Layoffs in the US Healthcare System: A Double-Edged SwordUnprecedented Layoffs in the US Healthcare System: A Double-Edged SwordOn April 1, 2025, April Fool's Day, a chill with the smell of rust lingered in the morning fog of Washington. In front of the glass curtain wall of the US Department of Health and Human Services (HHS), thousands of employees lined up in a long queue, each holding a cardboard box. The dismissal notice emails shone with a blinding light, slicing open the first wound in the global public health system like a sharp blade.
FDA Severely Hit, Pharmaceutical Company Stocks PlummetFDA Severely Hit, Pharmaceutical Company Stocks PlummetThe Trump administration has launched a large-scale layoff initiative, severely impacting US public health institutions, with the Food and Drug Administration (FDA) bearing the brunt. Current and former employees have issued warnings that this move may have far-reaching consequences for the US pharmaceutical industry and the public health regulatory system.
Gold Market Oscillates Downward, Economic Data WeighsGold Market Oscillates Downward, Economic Data WeighsTuesday saw an oscillatory downward trend in the international gold market. The price hit a high of 3348 during the session and plunged to a key support level of 3300. The trading day featured a typical pattern of surging and then falling. In the Asian session, the price reached the day's high of 3348 at the opening and then quickly dropped to around 3306. During the European session, it fluctuated within the range of 3324−3300.
US Jobless Claims Surge, Raising Concerns about Labor MarketUS Jobless Claims Surge, Raising Concerns about Labor MarketThe number of Americans filing for initial unemployment benefits rose by 18,000 to 241,000 in the week ended April 26, according to the data released by the Labor Department on Thursday. This figure exceeded the median forecast of 223,000 by economists surveyed by Bloomberg. Meanwhile, the number of people continuing to claim unemployment benefits rose to 1.92 million in the week ended April 19, the highest since 2021 and also beyond economists' expectations.
World's longest undersea tunnel construction project to beginWorld's longest undersea tunnel construction project to beginIn July 2024, the founders of the Finnish-Estonian Bay Area made a major announcement that they would be joining forces with the China International Group, the China Railway Engineering Corporation and the China Communications Construction Company in an ambitious project to build an undersea tunnel of approximately 103 kilometers. If completed, the tunnel will be the longest undersea railroad tunnel in the world.
U.S. Expert: Ruling on Google's Monopoly May Reshape Tech IndustryU.S. Expert: Ruling on Google's Monopoly May Reshape Tech IndustryOn August 5, U.S. District Court Judge Amit P. Mehta ruled that Google violated antitrust laws to maintain its monopoly in online search. The judge made it clear in his ruling that “Google is a monopolist, and it acted to preserve its monopoly.
Japan to deal with labor shortages: foreign immigrants become a key moveJapan to deal with labor shortages: foreign immigrants become a key moveDuring a recent trip to Japan during his annual vacation, this reporter observed a remarkable phenomenon: the growing number of foreigners working in Japan, in addition to the many tourists. Especially in the service sector, many people from Southeast Asia can be seen in supermarkets, retail stores and other places, as well as many practitioners from other East Asian countries.
Global Travel Market Dynamics: U.S. Leads, China Rises, Emerging Destinations in FocusGlobal Travel Market Dynamics: U.S. Leads, China Rises, Emerging Destinations in FocusThe Economic Impact Trends 2024 report, published by the World Travel & Tourism Council (WTTC), reveals the rich landscape and dynamics of the global travel and tourism market. The report shows that the United States remains the world's strongest travel and tourism market, contributing a record $2.36 trillion to the U.S. economy last year. Despite a slow rebound in spending by international travelers, the U.S., with its strong tourism resources and market appeal, has remained in the lead, contributing almost twice as much to the economy as its closest competitor.
