Business & Economy: According to reports, Shein has until 26 June to respond and propose remedies, or face fines based on annual turnover within EU member states.

Shein’s European empire at risk as Brussels issues stir warning over fake discounts and false claims

Business & Economy: The initiative aims to address domestic skill shortages and reduce reliance on foreign workers. However, experts warn that the rapid upskilling of local labour may hinder Britain growth ambitions.

UK to train 120,000 local workers under new training policy: Details here

Business & Economy: The Bank of Japan core CPI rose 3.5% in April 2025, the fastest increase since January 2023, primarily due to a 986.6% surge in rice prices.

BOJ raises red flag on food inflation as Japan’s core CPI hits 3.5 per cent

Business & Economy: According to the British Retail Consortium, the government’s revenue-raising budget has led to a substantial rise in business costs.

UK food inflation hits one-year high as grocers struggle with rising costs

Business & Economy: The central bank guidance is significant for banks that fall short of the ratio are often penalised with lower regulatory scores, potentially impacting their future expansion.

China pushes Yuan use in trade as US tariff shake global markets

Business & Economy: However, this expansion faces financial pressures, internal issues, and possible scrutiny from the Trump administration.

OpenAI expands to South Korea, here’s how it became an AI giant

Business & Economy: This development comes at a time of rising trade tensions, with President Donald Trump’s administration pursuing what it calls “strategic decoupling” from China. 

Beijing pushes for a new Made-in-China plan amid Trump tariff pressure

Business & Economy: The announcement was made during French President Emmanuel Macron state visit to Vietnam, symbolising deeper economic ties between Paris and Hanoi.

VietJet doubles Airbus A330neo order amid expansion plans and legal challenges

Business & Economy: The improvement of Asia third-largest Gross Domestic Product (GDP) is reportedly attributed to better agricultural output and a modest pickup in rural demand, even as urban consumption remained sluggish.

India’s Jan–March GDP growth seen at 6.7% on rural boost

Business & Economy: Trump decision came after a phone conversation between Trump and European Commission President Ursula von der Leyen on Sunday. 

Trump takes sudden U-turn, extends 50 per cent EU tariff deadline to July 9

Business & Economy: President Trump has publicly criticised Harvard, accusing the Ivy League institution of harbouring foreign influence and refusing transparency regarding its international student population.

How Trump’s crackdown on Harvard’s foreign students could hit the US economy?

Business & Economy: In March, the Chinese government announced a 500-billion-yuan ($69.4 billion) capital injection during the National People’s Congress to stabilise banks.

Over 80 per cent of Chinese banks fall below profit line as Trump tariffs bite

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Zee News Rajasthan

Editor

Archana Shukla

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