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US to slap big surcharge on foreign visitors to national parks
Washington (AFP) Nov 25, 2025 Foreign tourists visiting US national parks including the Grand Canyon and Yellowstone will now pay a hefty surcharge, the Trump administration announced Tuesday. The Department of the Interior, which operates the renowned US national parks, said that starting in 2026 visitors from abroad will have to pay $100 on top of the individual park fee to enter 11 of the most popular destinations in the system. The cost of an annual pass to all the parks will meanwhile more than triple to $250 for non-r ... read more |
China's factory activity extends months-long slumpBeijing (AFP) Nov 30, 2025 China's factory activity shrank for an eighth straight month in November, official data showed Sunday, suggesting the world's second-largest economy remains subdued despite a trade truce with the United States. ... more
China likely to bid on building new Panama Canal portsPanama City (AFP) Nov 26, 2025 China is among parties interested in bidding to build two new ports on the Panama Canal, its administrator said Tuesday, despite US talk of retaking control of the vital trade route. ... more
Asian stocks extend global rally as data boost rate cut hopesHong Kong (AFP) Nov 26, 2025 Asia extended a global equities rally Wednesday after another round of tepid US data reinforced expectations that the Federal Reserve will cut interest rates again next month. ... more
Tech firms lead stock rout as AI bubble fears lingerHong Kong (AFP) Nov 21, 2025 Tech firms led stock losses on Friday as investors struggled to shake off fears about an AI bubble and after a sell-off on Wall Street sparked by jobs data dealt a further blow to hopes for a US interest rate cut. ... more |
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EU backs small parcel duties to tackle China import floodBrussels, Belgium (AFP) Nov 13, 2025 EU states on Thursday agreed to scrap a bloc-wide duty exemption on low-value orders from the likes of retail giants Temu and Shein to help tackle a flood of cheap Chinese imports. ... more
Markets sink on concerns over tech rally, Fed ratesHong Kong (AFP) Nov 14, 2025 Markets sank Friday, tracking a selloff on Wall Street as doubts built over next month's Federal Reserve interest rate decision and persistent speculation about a tech bubble. ... more
China retail sales grew at slowest pace in over a yearBeijing (AFP) Nov 14, 2025 Retail sales in China grew last month at the slowest pace in over a year, official data showed Friday, highlighting the battle facing authorities' efforts to counteract persistent consumer malaise. ... more
China's Xi vows closer ties as Thai king makes first official visitBeijing (AFP) Nov 14, 2025 Chinese President Xi Jinping promised closer ties with Thailand on Friday during talks with the first reigning Thai monarch to visit the country since diplomatic ties were established 50 years ago. ... more
Burger King to enter China JV and double stores; Spain's King makes China state visitBeijing (AFP) Nov 11, 2025 US fast-food chain Burger King will rapidly expand its China operations in coming years, its parent company said, selling its controlling stake to form a new joint venture powered by hundreds of millions of dollars in local investment. ... more |
Asian stocks rise as record US shutdown nears end
Hong Kong (AFP) Nov 11, 2025 Most Asian markets rose for the second day in a row Tuesday as US lawmakers edged towards ending a record government shutdown. The prospect of an end to the Washington standoff, which moved into its 41st day Monday, came amid a revival of demand for tech giants despite growing fears of an AI-fuelled bubble. Senators on Capitol Hill passed the compromise budget measure on Monday night after a group of Democrats broke with their party to side with Republicans on a bill to fund departments through ... read more
China suspends 'special port fees' on US vesselsBeijing (AFP) Nov 10, 2025 China said Monday it would suspend for one year "special port fees" on US vessels "simultaneously" with Washington's pause on levies targeting Chinese ships, as a fragile trade truce between the superpowers continues to take shape. ... more |
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China suspends 'special port fees' on US vessels for one yearBeijing (AFP) Nov 10, 2025 China said on Monday it would suspend for one year "special port fees" on US vessels "simultaneously" with Washington's pause on levies targeting Chinese ships, as a fragile trade truce between the superpowers takes shape. ... more
China's consumer prices rose in October; China's exports fall for first time in eight monthsBeijing (AFP) Nov 9, 2025 China's consumer prices rose in October, official data released on Sunday showed, reversing months of stagnation and decline as the country battles a range of economic headwinds. ... more
Markets drop as valuations and US jobs, rates spook investorsHong Kong (AFP) Nov 7, 2025 Stocks on Friday tracked Wall Street losses propelled by investors weighing weak US jobs data against signals the Federal Reserve won't again cut interest rates this year. ... more
China's exports fall for first time in eight monthsBeijing (AFP) Nov 7, 2025 China's exports fell in October for the first time in eight months, official data showed Friday, as trade tensions flared in the weeks before Chinese President Xi Jinping met US counterpart Donald Trump. ... more
Battered US businesses eye improved China trade at Shanghai expoShanghai (AFP) Nov 6, 2025 Plying everything from handbags to salt in a cavernous Shanghai exhibition hall, US exporters hit by the trade war with China said Thursday they hope improving bilateral relations will bring much-needed stability. ... more |
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