China Tells Seoul to Avoid Taking Sides, Blames US Policy for Korean Tensions
China's top diplomat urges South Korea to stay neutral in US-China rivalry and blames Washington's North Korea policy for regional tensions.
Economy
Ukraine's August grain exports plunge 77% as port blockade bites
Ukraine's grain exports fell 77% year-on-year in early August as Black Sea port blockades outweighed gains at alternate border routes.
Ukraine Pivots Grain Exports to Poland and Romania as Black Sea Ports Stay Blocked
Ukraine plans to ship 2.5M tonnes of grain monthly via Poland, Romania, and other routes as Black Sea ports remain idle.
Defense Startup Raises $1 Billion, FTC Targets Price Personalization
Castelion secures $1B+ for missile tech, FTC mandates price-disclosure rules, Amazon expands drone delivery, Evergrande founder gets life sentence.
Fed Officials Grow Impatient as Inflation Persists, Minutes Show
Fed minutes reveal growing impatience over inflation, with several officials supporting a July rate hike.
Gaza's smuggling economy booms as Israel's restrictions push prices skyward
An investigation reveals a thriving smuggling network in Gaza, with cigarettes, fuel and medicine entering illegally as prices soar and multiple parties profit.
US national debt crosses $40 trillion for first time
US national debt has surpassed $40 trillion, reflecting persistent federal deficits and rising interest payments that now exceed defense spending.
Taiwan Unveils Record Defence Budget for 2027
Taiwan's government proposes a record T$1.1225 trillion defence budget for 2027, the first to exceed T$1 trillion.
Champagne's Earliest Harvest on Record Underway After Extreme Weather
Champagne begins its earliest harvest ever as extreme heat and drought force growers to pick grapes weeks ahead of schedule.
Champagne growers rush record-early harvest as heat reshapes vintage
Champagne's earliest harvest on record is underway after heat and drought accelerated ripening, forcing growers to adapt.
Japan's July Trade Deficit Widens as Energy Costs and Weak Yen Bite
Japan's July trade deficit hit ¥634.5 billion as record imports and exports were driven by high energy costs and a weak yen.
Australia's Jobless Rate Climbs to 4.5% in July, Pressuring RBA
Australian employment fell unexpectedly in July, pushing the jobless rate to a near five-year high of 4.5%.
Sonora Reports First Screwworm Case, Activates Emergency Protocols
Sonora detected its first screwworm case and activated emergency containment protocols, coinciding with the USDA's plan to lift a ban on Mexican cattle imports.
Japan's July trade hits records as chip demand lifts exports, oil costs inflate imports
Japan's July exports surged 23.2% to a record on chip demand, while imports hit a new high on oil costs, leaving a trade deficit.
China Holds Benchmark Loan Rates Steady for 15th Straight Month
China kept benchmark lending rates unchanged in August for a 15th consecutive month, matching market forecasts.
Japan's July exports hit record high on resilient global demand
Japan's July exports jumped 23.2% to a record ¥11.5 trillion, beating forecasts, while imports rose 27.8%, leaving a ¥634.5 billion trade deficit.
US, Canada Near Deal to Slash Auto, Metal Tariffs
Washington and Ottawa are closing in on a deal that would reduce tariffs on Canadian autos, steel, and aluminum before a Saturday deadline.
US national debt crosses $40 trillion for the first time
The US national debt has surpassed $40 trillion, a record milestone reached just five months after hitting $39 trillion.
US national debt tops $40 trillion for first time
US public debt has crossed $40 trillion, doubling in under a decade amid pandemic spending, tax cuts, and rising interest costs.
US-Canada Trade Truce: 50% Tariffs Paused, But Deal Details Remain Hazy
Trump pauses 50% tariffs on Canadian imports for three days, claiming a fair deal, but key terms and details remain unclear.