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China and 28 countries launch global AI cooperation body in Shanghai
Body will promote international AI cooperation, governance, safety and more equitable access to the technologyÂ
Euro area swings to $8.9 billion trade deficit as imports rise 10 percent, EU gap hits $13.8 billion
An energy shortfall and weaker manufacturing surplus reversed last year’s EUR15 billion goods trade surplusÂ
Bank of Korea raises rate to 2.75 percent in first hike since 2023 as inflation hits 3.2 percent
The central bank signaled that further increases may follow as inflation and household debt risks persistÂ
India-U.K. trade deal takes effect with duties removed on 96.8 percent of U.K. tariff lines
The agreement expands goods, services and professional mobility across both markets.
China’s economic growth eases to 4.3 percent in Q2 2026
Despite the slowdown, China’s economy expanded 4.7 percent in the first half of the year, keeping growth broadly on track with Beijing’s annual target
ECB selects 36 payment providers for 12-month digital euro pilot starting in 2027
The pilot will cover person-to-person, retail, mobile and e-commerce transactionsÂ
China on track to post $1 trillion trade surplus for second year as exports surge on AI boomÂ
China’s monthly vehicle exports surpassed 1 million units for the first time in June
Florida renames Palm Beach airport after Donald Trump; facility adopts DJT code in $5.5 million rebranding
South Florida's main gateway adopts a new identity as signage replacement begins
Apple inks $30 billion deal with Broadcom to produce over 15 billion U.S.-made chips
Under the agreement, Broadcom will invest $1.5 billion to expand its manufacturing facility in Fort Collins, Colorado
Trump orders halt to U.S. trade with Spain over NATO spending dispute
The U.S. president criticized Madrid’s refusal to meet the alliance’s new spending targetÂ
World Bank keeps China GDP growth forecast at 4.4 percent for 2026 as AI investment supports economy
The economy remains resilient despite global energy and external risks
