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China is addressing overcapacity and excessive competition through market reforms to foster sustainable growth and innovation.
Job cuts reached a 15-year peak in 2024, with major declines in technology, healthcare, and automotive sectors amid economic uncertainties.
The pound dropped to a 14-month low as UK gilt yields surged, raising concerns about Britain's economic outlook and borrowing costs.
Chinese markets for Russian goods boom amid rising interest, but doubts about authenticity now threaten consumer trust and business viability.
UK firms anticipate raising prices and cutting jobs following increased social security contributions, as indicated by a recent Bank of England survey.
Trump's commitment to eliminate tax on tips for workers faces complexities and may not benefit many low-income employees.
Los Angeles wildfires surge to $57 billion threatening homes, public health, and the local economy with long-term consequences and mass evacuations.
HKMA's CEO affirms commitment to the US-dollar peg, dismissing concerns about possible changes amid geopolitical tensions.
Big banks are gaining advantages as Trump prepares for potential regulatory rollbacks, weakening oversight and safety measures.
The article discusses Trump's tariff approach, evaluating whether it is a strategic bluff or a serious economic threat to the global market.
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