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China National Bureau of Statistics industrial chief statistician Yu Weining said Jan–May 2026 profits at industrial enterprises above designated size showed strong support from electronics. Equipment-manufacturing profits rose 14.1% YoY, contributin

2026-06-27

China National Bureau of Statistics industrial chief statistician Yu Weining said Jan–May 2026 profits at industrial enterprises above designated size showed strong support from electronics. Equipment-manufacturing profits rose 14.1% YoY, contributing 5.2 percentage points to overall industrial profit growth. Electronics profits surged 103.9% YoY in Jan–May, accounting for 43.1% of the increase in profits at industrial enterprises above designated size, driven by a global AI-led demand spike for high-end compute chips and storage chips.

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2026-06-28

President Trump returned to the White House from his Virginia golf club, MSNow White House reporter said.

President Trump returned to the White House from his Virginia golf club, MSNow White House reporter said.
2026-06-27

1. Renew Executive Order to Consolidate Control over Iraqi Oil Revenues —Trump has again ordered that all Iraqi oil revenues under his control be deposited into accounts at the Federal Reserve Bank of New York. The White House did not issue a press

1. Renew Executive Order to Consolidate Control over Iraqi Oil Revenues —Trump has again ordered that all Iraqi oil revenues under his control be deposited into accounts at the Federal Reserve Bank of New York. The White House did not issue a press release, but Trump formally notified Congress of the order's extension on May 4. 2. Condemn Iran for Violating Ceasefire Agreement —Trump tweeted that Iran fired at least four one-way attack drones at ships transiting the Strait of Hormuz. One of them hit the upper deck of a large and very expensive cargo ship. Damage was caused, but the ship is still able to continue sailing. We shot down three other drones. Clearly, this is a foolish violation of the ceasefire agreement. 3. Threaten Europe Against Imposing Digital Services Tax —Trump: Any European country that imposes a digital services tax on American companies will immediately face a 100% tariff on all its goods imported into the U.S., which will take precedence over all existing or pending trade agreements. 4. Attacking "Fake News": Iran's Strength is Almost Gone —Trump: Iran still has some (military) capabilities, but not much. Fake news says Iran is much stronger now than it was four months ago. But in reality, they desperately want a deal. They've given us a lot (concessions). 5. Predicting Gasoline Prices Will Soon Drop to $2.50—Trump: Gasoline prices will soon drop to $2.50 per gallon.
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