Reading Time : 3minutesThe US-China trade war is disrupting global shipping, with soaring container rates and port congestion as Chinese exporters rush to beat new U.S. tariffs. Equipment shortages and China’s retaliatory export controls threaten supply chains, while higher costs loom for consumers. The industry faces a turbulent future as geopolitical tensions reshape trade.
Reading Time : 2minutesTaiwan has added Huawei and SMIC to its export control list, tightening restrictions on the transfer of high-tech semiconductor equipment and know-how. The move aims to block Chinese access to sensitive technologies and aligns with U.S. policies. It’s part of Taiwan’s broader effort to protect national security and secure its leadership in chip production.
Reading Time : 3minutesA rare earth shortage, driven by China’s export curbs, threatens to disrupt car production, tech, and healthcare. With only months of U.S. stockpiles left, industries face delays and price hikes. Trade talks offer hope, but long-term fixes lag. This crisis exposes the fragility of global supply chains and overreliance on one nation.
Reading Time : 2minutes DeepSeek’s latest update to its R1 reasoning model boosts performance while keeping a low profile. Despite lacking a flashy release, the R1‑0528 version impresses in benchmarks and reflects China’s growing AI strength.
Reading Time : 2minutes Asia’s ETF market is exploding with innovation, driven by rising demand for diversification, active strategies, and leveraged exposure. With nearly $1 trillion in assets, the region is fast becoming a global ETF leader.
Reading Time : 2minutes Trump’s new 25% tariffs on pharmaceuticals aim to boost U.S. manufacturing. The move could reshape global drug supply chains and spark retaliation. Major exporters like Ireland, China, and Germany may face steep losses. Consumers in the U.S. could see rising prices.
Reading Time : 2minutesPresident Trump’s doubling of steel and aluminum tariffs to 50% has drawn sharp criticism from the EU, risking trade talks and raising costs globally. While aiming to boost U.S. steel production, the move complicates relations with allies like the UK and threatens retaliatory actions. Negotiations remain tense as both sides seek a way forward.
Reading Time : 2minutes China’s chip industry is pushing ahead fast despite U.S. sanctions. Hygon is set to unveil a powerful processor, while merging with Sugon to boost local tech capabilities. This marks a clear step toward reducing foreign tech reliance and securing a strong place in the global semiconductor arena.
Reading Time : 2minutes Moody’s downgraded the US credit rating from AAA to Aa1 due to rising debt and interest burdens. It’s a historic shift with global impact, sparking market jitters and political pushback.
Reading Time : 2minutesSaudi Arabia partners with NVIDIA to create a global AI hub, advancing AI factories, digital twins, and smart city solutions, supporting Vision 2030 goals.
Reading Time : 2minutes India is set to be the fastest-growing major economy in 2025 with 6.6% growth, driven by consumption, exports, and strong monsoons.
Reading Time : 2minutes Trump signed an executive order to create a U.S. Bitcoin reserve, pushing to make the country the global crypto leader. The move sparks heated debate, with supporters hailing innovation and critics warning of volatility and state-backed speculation.
Reading Time : 2minutes A temporary reduction in US-China tariffs has been agreed upon, easing economic tensions. But both sides remain cautious, aware that the deeper political rift hasn’t healed. Xi Jinping warns against bullying, while Washington keeps its guard up.
Reading Time : 3minutesOn May 8, 2025, Cardinal Robert Prevost became Pope Leo XIV, the first American pontiff. Choosing a name evoking social justice, he pledged a “missionary church” that fosters peace. With roots in Peru and Chicago, Leo XIV blends global experience with reformist zeal, aiming to unite 1.4 billion Catholics while tackling poverty, division, and modern challenges.
Reading Time : 2minutes May 1st honors the people who make the world work. From its fiery beginnings in 1886 to today’s diverse celebrations, it’s a global call for dignity, fairness, and solidarity among workers everywhere.