Photo Credit: Getty Images

Despite increasing trade tensions with the United States, China's exports soared 12.4 percent year-on-year last month, surpassing market expectations, the government announced Monday. The export figure more than doubled analysts' projections, though imports fell 4.3 percent during the same period, according to the General Administration of Customs.

Photo Credit: Getty Images

South Korea will hold a presidential election on June 3 after its constitutional court removed Yoon Suk Yeol from the presidency. Yoon was impeached in December for declaring martial law, and the court upheld the impeachment on April 4, triggering a snap election within 60 days.

Photo Credit: Getty Images
 
Months of delicate negotiations aimed at securing a deal to transfer TikTok's U.S. operations to American investors hit a roadblock this week, emblematic of the escalating trade war tensions between the United States and China. The deal, which had gathered momentum with the support of major U.S. investors like Oracle, Blackstone, and Andreeson Horowitz, was nearing finalization under terms approved by both ByteDance and the Trump administration.

Photo Credit: Getty Images

Porsche's reputation as a premium automotive leader was tested this week, as the German carmaker reported a 4.9% drop in share price following its second profit warning in two months. The company's grim outlook—rooted in weakening global demand, rising costs, and fierce competition—signals deeper structural challenges for the luxury brand.

RECENT NEWS

AROUND THE CITIES