Economia e Finanza

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• Chinese biotech firms poised to enter US and EU drug markets within 15 years economy-finance

  A surge in outlicensing agreements is fueling speculation over which Chinese biotechnology companies will be the first to market their own branded medications in Europe and the US…

• Fast Fashion in Crisis? H&M Slows as Shein, Temu, and Secondhand Market Reshape Fashion economy-finance

  The fast fashion system is rapidly evolving, with H&M slowing down while Shein and Temu grow aggressively and the secondhand market explodes. The global secondhand clothing market…

• Bitcoin Plunges Below $60K as Crypto Market Hits 2026 Low economy-finance

  Bitcoin fell below $60,000 on June 5, 2026, reaching its lowest level since early 2026 amid a broad crypto selloff. The drop was driven by a record 13-day outflow streak from US…

• Morgan Stanley and Galaxy Digital Launch Crypto-to-ETP Lending for Wealth Clients economy-finance

  Morgan Stanley Wealth Management has joined forces with Galaxy Digital to allow qualified clients to lend cryptocurrencies in exchange for shares of spot crypto exchange-traded…

• UK ceramics sector seeks more support amid energy crisis and closures economy-finance

  The UK ceramics industry, employing 20,000 people with half in the West Midlands, is calling for additional government help beyond a £120m support package announced by Chancellor…

• Iran War Fuel Shock and Aircraft Shortages Hit Airline Summit in Rio economy-finance

  Airline leaders from around the world are convening in Rio de Janeiro for the International Air Transport Association (IATA) summit, taking place from Saturday to Monday, as they…

• Japan's energy security plan competes with China's Belt and Road economy-finance

  Japan is accelerating its own version of China's Belt and Road Initiative, focusing on energy networks and supply chains rather than highways and railways. The twin initiatives,…

• Chinese memory chip makers CXMT and YMTC near public listings, challenging Samsung and SK Hynix economy-finance

  ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies Corp (YMTC), two prominent Chinese memory-chip manufacturers, are moving closer to going public, posing a…

• US and China Compete for Energy Dominance economy-finance

  The rivalry for energy dominance between the US and China is heating up, with both nations taking different paths. China, while a major player in coal, crude oil, and natural gas…

• Mastercard Expands Settlement to Eight Blockchains with Stablecoins economy-finance

  Mastercard announced plans to enable transaction settlements using regulated stablecoins across eight blockchains on June 4, 2026. This initiative will support payments beyond…

• Bitcoin Treasury Firms Lose $62 Billion as Crypto Rout Deepens economy-finance

  Hey, so I just read some interesting news about Bitcoin and companies dealing with it. Apparently, firms that have Bitcoin in their treasury have lost about $62 billion in market…

• China-Russia trade payment frictions reveal limits of de-dollarisation economy-finance

  China and Russia have made notable strides in shifting their trade away from the US dollar to their own currencies. However, they still face difficulties with cross-border…

• US job growth surges in May, unemployment steady at 4.3% economy-finance

  In May, the United States saw an increase of 172,000 jobs, significantly surpassing the Dow Jones Newswires and Wall Street Journal's economists' prediction of 80,000. The Bureau…

• AI Demand Propels Zhongji Innolight to Top of China's CSI 300 Index economy-finance

  Zhongji Innolight, an optical module manufacturer from Shandong province, has risen to become the largest component of China's CSI 300 Index, overtaking CATL with a 5% share as of…

• Donald Trump Jr. advises against investing in China at Zurich event economy-finance

  During a special event held in Zurich on Thursday, Donald Trump Jr. advised investors against putting their money into China. When questioned about potential investments in the…

• EU trade chief Maros Sefcovic urges 'meaningful' talks with China amid overcapacity concerns economy-finance

  Maros Sefcovic, the EU trade chief, urged for practical solutions and 'meaningful discussions' to tackle escalating trade issues between Brussels and Beijing. This call came after…

• French bookstores see more closures than openings for first time in 2025 economy-finance

  In 2025, France experienced a historic reversal in its bookstore landscape: for the first time, more bookstores closed than opened. The sector, particularly newer establishments,…

• China's Latin America ties face political limits despite economic gains economy-finance

  China has made significant economic strides in Latin America, yet the potential return of Donald Trump to the White House indicates that achieving political success is more…

• China Approves 166 Foreign Telecoms Licenses Amid US Carrier Block economy-finance

  China's Ministry of Industry and Information Technology (MIIT) has approved licenses for 166 foreign companies to provide value-added telecoms services (VAS) since February 2024,…

• China rejects OECD report on industrial subsidies as 'one-sided' amid EU trade tensions economy-finance

  China has rejected an OECD report on industrial subsidies as 'one-sided,' escalating trade tensions with the EU. The dispute centers on industrial policy in hi-tech and strategic…

• Australian tabletop game makers navigate tariffs and manufacturing chaos economy-finance

  Australian tabletop game creators face rising costs and uncertainty from US tariffs and global disruptions, but benefit from proximity to Chinese manufacturers and strong local…

• Lula thanks China for beef win and tells US after tariffs: 'I will sell to someone else' economy-finance

  On Tuesday, during Brazilian Foreign Minister Mauro Vieira's visit to Beijing, China declared Brazil free from foot-and-mouth disease through its General Administration of Customs…

• Italian Box Office Hits 30-Year High in May 2026 economy-finance

  Italian cinemas recorded their most profitable May since electronic tracking began in 1995, earning €59.6 million—86% more than May 2025 and 146% more than May 2024. The surge was…

• Bitcoin Plunges to $67,000 as Strategy Sells BTC, ETFs Bleed, Mt. Gox Fears Resurface economy-finance

  On June 3, 2026, Bitcoin experienced a decline exceeding 6%, nearing $67,000, which represents a 47% drop from its peak of $128,198 in October 2025. This downturn was prompted by…

• New York's $150M Theater Tax Credit Expansion Faces Criticism as Big Shows Reap Benefits economy-finance

  New York Governor Kathy Hochul added $150 million to a theater production tax credit program as part of the state's $268 billion budget, bringing total funding to $550 million…

• US Education Department Proposes Earnings-Based Accountability for Higher Ed, Threatening Arts Programs economy-finance

  The Department of Education has rolled out a new system called the Student Tuition and Transparency System (STATS) along with the Earnings Accountability rule. This initiative…

• DeepSeek raises nearly $7B in first funding round with Tencent, CATL backing economy-finance

  DeepSeek, a Chinese AI startup, is on the verge of raising $7 billion in its inaugural funding round, with significant backing from prominent tech investors such as Tencent…

• Hong Kong surpasses Switzerland as top global wealth hub economy-finance

  A recent analysis reveals that Hong Kong has surpassed Switzerland to emerge as the premier hub for wealth management worldwide. This change signifies a fundamental shift in the…

• US government appeals tariff refund order with $166B at stake economy-finance

  The Trump administration has formally appealed a judge's order requiring refunds of global tariffs struck down by the Supreme Court. At stake is $166 billion in revenue. US…

• Canada and Mexico push for 16-year renewal of USMCA free trade deal economy-finance

  Canada and Mexico have jointly called for a 16-year renewal of the United States-Canada-Mexico Agreement (USMCA), the North American free trade pact that replaced NAFTA. The…

• China-Kazakhstan grain deal reshapes Asian food supply chains economy-finance

  A new grain-trading deal between China and Kazakhstan is accelerating a shift in Asian food supply chains, reducing dependence on maritime chokepoints and Western-aligned routes.…

• US proposes 25% tariff on Brazilian imports over trade practices economy-finance

  The Trump administration has proposed a 25% punitive tariff on many imports from Brazil, citing unfair trade practices including digital trade, intellectual property protection,…

• US labels Cuba a China-linked security threat amid push for talks economy-finance

  Cuba has been characterized by the United States as an escalating national security risk linked to China and Russia, even as efforts for a negotiated political shift are underway.…

• Meituan's AI investments offset quarterly loss with US$1b windfall economy-finance

  In the first quarter of 2023, Meituan experienced an adjusted net loss of 4.97 billion yuan (US$735 million), marking its third consecutive quarter of losses. However, the company…

• Hong Kong commits US$383m to university tech spin-offs in bid to be global innovation hub economy-finance

  Hong Kong is hastening its evolution into a global technology center by supporting university-led commercialization initiatives. On Tuesday, during HKUST's Unicorn Day, Secretary…

• Robinhood Enters Canadian Crypto Market with $180M WonderFi Acquisition economy-finance

  Robinhood has officially completed its $180 million acquisition of WonderFi, a digital asset company based in Toronto, allowing it to break into the Canadian cryptocurrency…

• Biotech Emerges as New US-China Geopolitical Battleground economy-finance

  The geopolitical rivalry between the US and China is expanding into biotechnology, with Chinese biotech firms rapidly advancing up the pharmaceutical value chain. In the first…

• China Tightens Cross-Border Investment Rules Amid US Tech Rivalry economy-finance

  China has issued new regulations tightening scrutiny of cross-border investments and bolstering countermeasures as technological rivalry with the United States intensifies. The…

• Huawei to be only Chinese brand growing smartphone shipments in 2026 amid memory price surge economy-finance

  Huawei is predicted to be the only Chinese smartphone brand to grow shipments in 2026, defying a memory chip price surge that is squeezing rivals like Xiaomi, according to a…

• Asia-Pacific firms invest heavily in AI despite poor returns, survey finds economy-finance

  A survey by International Data Corporation, commissioned by Expereo, reveals that 37% of organizations in the Asia-Pacific region are investing aggressively in AI with little…