Business

Australian Prime Minister Brings ‘Very Large Business Delegation’ to China

Australian Prime Minister Anthony Albanese arrived in China over the weekend on a state visit to improve bilateral trade and mend diplomatic fences, even as he insisted his government wants to diversify its supply chains and “increase our relationships with other countries in the region.”
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Donald Trump Announces Trade Deal with Indonesia

President Donald Trump announced a trade deal with Indonesia on Monday, eight days after he announced a 32 percent tariff on the nation, set to take effect on August 1.
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China’s Economy Slows Under Tariff Pressure

According to the always-dubious data released by the Chinese Communist government, China’s economy grew by 5.2 percent in the second quarter of 2025, which is slower than its 5.4 percent growth in the first quarter, but better than the 5.1 percent growth projected by analysts.
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Breitbart Business Digest: The San Francisco Fed’s Tariff Model Punches Itself in the Face

If you were trying to make tariffs look like a policy disaster, you’d do exactly what a team of economists at the Federal Reserve Bank of San Francisco just did: assume every trading partner hits back just as hard and that America just stands there and takes it.
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Business

Elon’s Red Ink: Tesla Reports 16% EV Revenue Drop, Stock Dives 9%

Elon Musk's Tesla reported a 16 percent decline in automotive revenue as sales fell for a second straight quarter and again failed to meet analysts' estimates. The stock is down more than nine percent in morning trading.
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Thailand, Cambodian troops trade heavy fire in latest border dispute clash – Al Jazeera

Thailand, Cambodian troops trade heavy fire in latest border dispute clash  Al JazeeraThailand deploys fighter jets against Cambodian military targets in escalation of border dispute  CNNThai and Cambodian forces clash at border, prompting US embassy alert  ABC NewsThailand F-16 jet deployed against Cambodian forces as border clash escalates  ReutersThailand and Cambodia trade fire along disputed border after weeks of tensions  The Guardian