Instant View: China’s Q1 economic growth beats estimates, but trade tensions cloud outlook

China's Q1 2023 GDP growth was 5.4%, exceeding expectations, amid U.S. trade war pressures, prompting calls for more stimulus to ensure economic stability.

DOGE attempted to assign team to US nonprofit group Vera Institute of Justice

Elon Musk's U.S. Department of Government Efficiency sought to assign a team to Vera Institute, revealing expansion of influence over nonprofits amid funding cuts by the Justice Department.

China’s March industrial output rises at faster pace in March

China's March industrial output rose 7.7%, surpassing forecasts; retail sales grew 5.9%, and fixed asset investment expanded by 4.2%, indicating economic resilience amid U.S. tariffs.

China’s Q1 GDP grows 5.4% y/y, beating expectations

China's economy grew 5.4% in Q1 2023, exceeding expectations, but a trade war with the U.S. raises concerns and pressures Beijing to implement stimulus measures.

Dollar fighting for footing as trade talks begin

Hongkong Post suspends goods mail services to US

US judge blocks Trump’s freeze on climate, infrastructure grants

A U.S. judge prevented Trump from freezing climate-related grants, citing illegality of his actions against Biden's infrastructure and climate laws, amid legal challenges from environmental groups.

UNICEF projects 20% drop in 2026 funding after US cuts

UNICEF projects a 20% budget cut by 2026 due to reduced U.S. funding, highlighting a global funding crisis for humanitarian organizations and potential staffing cuts ahead.

China’s Q1 economic growth likely to slow as tariffs darkens outlook

China's economy is projected to slow in Q1 due to U.S. tariffs and property downturn, with GDP growth expected at 5.1%, raising concerns over weak demand and potential recession.

US Treasury secretary: no risk of China weaponizing Treasuries despite bond market volatility

U.S. Treasury Secretary Scott Bessent dismisses fears of China weaponizing Treasuries, asserting no economic risk and discussing tariffs amid ongoing U.S.-China trade tensions.