U.S. Aid Cuts Leave Dozens of Global Infrastructure Projects AbandonedU.S. Aid Cuts Leave Dozens of Global Infrastructure Projects Abandoned
Canada's Soaring Prowess in Drone Technology Surpasses Global PeersCanada's Soaring Prowess in Drone Technology Surpasses Global Peers
Trump's 50% Tariff on Amazon Sparks Fears of Retail UpheavalTrump's 50% Tariff on Amazon Sparks Fears of Retail Upheaval
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 VigorSingapore has shown strong momentum in the cross-border e-commerce sector, with a cross-border shopping penetration rate of 69%, ranking first in the world. Data shows that 98% of Singaporean consumers are willing to shop overseas, far exceeding the global average, and 69% of them make cross-border purchases at least once a month.
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 Manufacturing Sector Faces Gloomy Outlook as ISM Index PlungesUS Manufacturing Sector Faces Gloomy Outlook as ISM Index PlungesThe US manufacturing sector witnessed a significant setback in April, with the ISM manufacturing index registering its sharpest decline since November. Data released by the Institute for Supply Management (ISM) on Thursday showed that the manufacturing index dropped 0.3 points to 48.7, below the 50 - point threshold that separates expansion from contraction, indicating an overall shrinking manufacturing sector.
US April Non - farm Payrolls Report: A Key Variable for MarketsUS April Non - farm Payrolls Report: A Key Variable for MarketsThe US April non - farm payrolls report is set to be a crucial variable for the markets. The market generally expects the addition of 130,000 jobs, the unemployment rate to remain at 4.2%, and the annual growth rate of average hourly earnings to slow to 3.9%. If the data is significantly lower than expected, say the new jobs added are less than 100,000, it may intensify market concerns about a "hard landing" of the US economy, pushing the US dollar index down to test the 98.5 support level, and the pound - dollar exchange rate may test the 1.34 resistance area.
NVIDIA Plans to Produce $500 - Billion - Worth of AI Equipment in the USNVIDIA Plans to Produce $500 - Billion - Worth of AI Equipment in the USNVIDIA has announced that, with the help of partners such as TSMC, it plans to build artificial intelligence infrastructure worth up to $500 billion in the United States over the next four years. The plan announced by NVIDIA on Monday includes producing its Blackwell AI chips at TSMC's factory in Phoenix, Arizona, and establishing supercomputer factories in Texas in cooperation with Foxconn and Wistron. These factories are expected to start production within the next 12 to 15 months. Under the threat of high tariffs imposed by former US President Trump, many technology companies have promised
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.
