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Asia Pacific

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Japan’s economy shrinks, first contraction in a year
Japan's economy shrinks more than expected as US tariff hit looms

TOKYO, Japan: Japan's economy contracted for the first time in a year, shrinking at a faster pace than expected in the first quarter...

Sweden backs EU entry into Pacific trade bloc
Sweden to propose EU membership of Pacific rim free trade group CPTPP

STOCKHOLM, Sweden: Sweden plans to propose that the European Union join the Pacific Rim trading bloc, the CPTPP, aiming to create the...

China's passenger car sales rise for third straight month in April
Chinese passenger car sales rise for a third month in April

SHENZHEN, China: China's passenger car sales climbed for the third consecutive month in April, increasing 14.8 percent from a year...

#CHINA-TOURISM DAY (CN)
#CHINA-TOURISM DAY (CN)

(250519) -- BEIJING, May 19, 2025 (Xinhua) -- Tourists enjoy themselves at a historical and cultural block in Changzhou, east China's...

China gave Pakistan air defense support during clash with India - Bloomberg
China gave Pakistan air defense support during clash with India - Bloomberg

Beijing aided Islamabad with aerial protection and a reconnaissance system, according to an Indian think tank ...

Providing water to Pakistan is unjust to Indian farmers: Shivraj Singh Chouhan hails decision to suspend Indus Water Treaty
Providing water to Pakistan is unjust to Indian farmers: Shivraj Singh Chouhan hails decision to suspend Indus Water Treaty

New Delhi [India], May 19 (ANI): Union Minister Shivraj Singh Chouhan on Monday hailed the Indian Armed Forces for Operation Sindoor's...

Business

Section
Japan’s economy shrinks, first contraction in a year
Japan's economy shrinks more than expected as US tariff hit looms

TOKYO, Japan: Japan's economy contracted for the first time in a year, shrinking at a faster pace than expected in the first quarter...

Summer could strain power supply in US, Canada, grid operator warns
Middle swath of North America at risk of power shortfalls this summer

WASHINGTON, D.C.: Parts of the U.S. and Canada may not have enough electricity this summer if hot weather causes more people to use...

Amid retail slowdown, Dick’s Sporting to acquire Foot Locker
Dick's Sporting to buy Foot Locker for $2.4 billion

CORAOPOLIS, Pennsylvania: Dick's Sporting Goods is set to acquire Foot Locker in a US$2.4 billion deal, marking the second major footwear...

Walmart warns shoppers of price hikes amid rising tariffs
Walmart shoppers to face price hikes as Trump tariffs hit

BENTONVILLE, Arkansas: Walmart shoppers are bracing for price hikes as the world's largest retailer prepares to pass on the impact...

Tyson CEO says cattle supply recovery underway
US ranchers begin rebuilding herd after 74-year low

CHICAGO, Illinois: U.S. cattle farmers have either started rebuilding their herds or are close to it, according to Tyson Foods CEO...

Tariff threat pushed US smartphone shipments up by 30% in March
US smartphone shipments rose 30% in March due to tariff concerns

WASHINGTON, D.C.: Smartphone shipments to the United States jumped 30 percent in March as manufacturers including Apple, Samsung, and...