Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Shanghai municipal government's May 5 Shopping Festival helped the city's total consumption over the past two months to return to the same level last year.
The festival attracted over 520,000 online sellers and nearly 100,000 offline retailers.
The total consumption value registered in Shanghai's brick-and-mortar stores over the two months beginning May 5 reached $40.6 billion, which is on par from the same period last year.
The city's total online retail sales also got a lift from the shopping festival, reaching $36.45 billion, up 23.5 percent from last year.
Over 300 local and imported brands released more than 1,500 new products during the shopping festival.
A total of 240 flagship stores of all kinds were opened in Shanghai in the second quarter, which was four times the number recorded in the first quarter.
The shopping festival has also helped nearly 1,000 export companies get through difficulties incurred by the COVID-19 epidemic by shifting their focus to the domestic market in the past two months to reap nearly 5 billion yuan of turnover.
