Business Times is a digital global news publication that provides comprehensive coverage and analysis of the most important business, economic, financial, political and technological issues from China and around the world.

21 hours ago · The U.S. economy expanded at a slower pace in the final quarter of 2024, with gross domestic product (GDP) growing at an annualized rate of 2.3%, the Commerce Department reported Thursday. The figure fell short of economists' expectations of 2.5% growth and marked a slowdown from the third quarter's 3.1% expansion.

1 day ago · The Federal Reserve kept interest rates unchanged on Wednesday, pausing potential cuts as it assesses inflation and the broader economic landscape under President Donald Trump's second term. The decision, which leaves borrowing costs at a range of 4.25% to 4.5%, is expected to intensify tensions between the central bank and the White House, as Trump has repeatedly pushed for lower rates.

3 days ago · In a defiant televised address on Monday, Hezbollah chief Naim Qassem unequivocally rejected any delays in the Israeli military's withdrawal from southern Lebanon, asserting that the Iran-backed group would not tolerate an extension of even a single day. The remarks come as tensions escalate over the terms of the ceasefire agreement brokered last year.

Jan 24, 2025 · Boeing is bracing for a significant $4 billion loss in the fourth quarter of 2024, capping a tumultuous year for the aerospace giant that saw a crippling machinists strike, layoffs, and ongoing safety concerns. The company also expects to report a $3.5 billion operating cash flow loss and revenue of $15.2 billion, falling short of analyst expectations.

Jan 17, 2025 · "Japan has slipped into a recession, leading to the loss of its position as the world's third-largest economy-a title now held by Germany. This shift comes as Japan's Gross Domestic Product (GDP) shrank at an annualized pace of 0.4% in the final quarter of 2023, as reported by the Cabinet Office.

6 days ago · Hamas announced Friday that it will provide the names of four Israeli women hostages set to be released on Saturday as part of a second exchange under the Gaza ceasefire deal. The agreement, which has temporarily halted the ongoing war, is being closely monitored by both sides amid concerns over its fragility.

Jan 17, 2025 · The future of TikTok in the United States hangs in the balance as a contentious ban on the popular video-sharing app is set to take effect Sunday. Passed with overwhelming bipartisan support last year and signed into law by President Joe Biden, the legislation requires TikTok's Chinese parent company, ByteDance, to divest from the app or face a nationwide ban. However, as the deadline nears ...

Dec 31, 2024 · Brazil has ceased issuing temporary work visas to employees of the Chinese electric vehicle (EV) producer BYD following accusations that 163 Chinese workers at a BYD factory construction site in Bahia were victims of human trafficking and subjected to "slavery-like" conditions. The decision, announced by Brazil's Ministry of Foreign Affairs, has sparked controversy and cast a shadow over BYD's ...

About Business Times The Business Times is a trusted source of real-time news, intelligence and analysis on the forces reshaping global and national economy. Business Times, is a digital global news publication which initially founded in 2009 and headquartered in Beijing, and moved the operation to New York City in March, 2020. The online publication provides comprehensive coverage and ...