Why Beijing still loves its five-year plans

US President Donald Trump says the Iran ceasefire is on “life support”, and UK Prime Minister Keir Starmer is fighting to save his premiership after the Labour party's disastrous showing in last week's UK local elections. Plus, we preview this week’s summit between Trump and Chin ...  Show more

A gas shipment made it through the Strait of Hormuz as European oil majors cash in billions from the US-Israeli war on Iran, airlines across Europe are cutting prices for summer flights despite a potential jet fuel shortage, and bond giant Pimco says the war could prompt the Fede ...  Show more

Over the past week, President Trump avoided a trade war with Canada and Mexico. But he escalated a trade war with China.

His reasoning? China has become more powerful in domestic manufacturing than the United States, Japan, Germany, South Korea and Britain combined.

Two weeks after Donald Trump’s sweeping tariff announcement shook global markets, he has now offered most countries a 90-day reprieve—while simultaneously escalating trade tensions with China by imposing harsher penalties. So far, China has responded by matching each tariff hike ...  Show more

Beijing has exempted some U.S. imports from its 125% tariffs. U.S. President Donald Trump says a Ukraine peace deal is 'close' as he calls on Russia's President Vladimir Putin to 'STOP'. India's army chief is in Kashmir after a deadly attack on tourists has ratcheted up tensions ...  Show more

Having implemented - then temporarily rescinded - tariffs on Canada and Mexico after both countries struck last-minute deals, Donald Trump now has his sights firmly focused on China. Following his announcement of a 10% tax on their imports to the US, China retaliated with thei ...