Top Chinese General Xu Qiliang Dies at 75

Top Chinese general Xu Qiliang, a close ally of President Xi Jinping and former vice chair of the powerful Central Military Commission, died of illness at age 75 on Monday in Beijing, state media reported. Xu played a key role in modernizing China’s military and was the first air force officer to hold such a […]

Gold Retreats After Nearing Four-Week High Amid Dollar Rebound and Trade Jitters

Gold prices slipped on Tuesday after approaching a four-week high earlier in the session. The pullback came as the U.S. dollar staged a modest rebound and investors locked in profits. Market sentiment remains cautious amid ongoing uncertainty surrounding U.S. trade policies. Analysts note that while gold has recently benefited from safe-haven demand, fluctuations in the […]

China’s Factory Activity Shrinks in May, Hit by U.S. Tariffs

China’s factory activity contracted in May for the first time in eight months, according to a private-sector survey released today. The data signals that U.S. tariffs are beginning to take a direct toll on the world’s second-largest economy. The slowdown in manufacturing suggests weakening demand both at home and abroad, raising fresh concerns about China’s […]