U.S. House Approves Two Crypto Bills to Boost LegitimacyU.S. House Approves Two Crypto Bills to Boost Legitimacy
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
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 BrazilThe Office of the United States Trade Representative (USTR) announced the initiation of a Section 301 investigation into Brazil. The probe will examine whether Brazil’s policies and practices in areas such as digital trade, electronic payment services, "unfair" preferential tariffs, intellectual property protection, ethanol market access, and deforestation-related measures negatively impact U.S. trade interests.
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.
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.
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
