Just 0.001% hold three times the wealth of poorest half of humanity, report finds Data from World Inequality Report also showed top 10% of income-earners earn more than the other 90%
China’s record trade surplus reveals its biggest strength – and hidden weakness Booming Chinese exports have driven trade surplus past $1tn but also reveal the extent of country’s reliance on foreign markets
EU looks at legally forcing industries to reduce purchases from China Commission unveils €3bn strategy to de-risk and diversify supply chains for critical rare earth metals and elements
OECD warns Reeves higher taxes and spending restraint will limit consumer expenditure UK economy will grow faster than France, Germany and Italy but slower than US next year, report predicts
EU and US to restart trade talks as sticking points on July tariff deal remain US officials to hold high-level talks in Brussels amid unhappiness in Washington at slow action on July deal
Netherlands suspends state seizure of Chinese chipmaker Nexperia Dutch government’s move pauses dispute that threatened car production around the world
China suspends seafood imports from Japan as Taiwan row escalates Beijing reimposes 2023 ban, citing Japan PM’s comment that military would respond to Chinese attack on island
Nexperia row shows how China is weaponising EU relationship – and winning Experts say Brussels must stand up against Beijing using supplies of vital chips and minerals as ‘sword of Damocles’
‘It will never be forgiven’: UN climate chief warns world to act or face disaster Faltering governments will be blamed for famine and conflict abroad, and face stagnation and inflation at home, says climate chief at start of Cop30
Businesses worldwide brace for extra Trump tariffs on steel imports Commerce department expected to add about 700 more items with steel content to levy list at request of US firms
How could Tropical Forest Forever fund proposed at Cop30 tackle deforestation? Scheme aims to raise $125bn to invest in bonds, with returns used to reward tropical countries for conservation
Era of free trade and investment is over, Canada’s PM tells Apec summit Mark Carney warns Asia-Pacific leaders global economy undergoing profound change, as China’s president mounts defence of free trade
What – if anything – did Asian countries get out of Donald Trump’s whirlwind tour? Uncertainty surrounds the signing of this week’s trade deals amid the failure to secure reciprocity from the US to cut tariffs
US Senate votes to reject Trump’s global tariffs on more than 100 countries Vote passes 51-47 in latest bipartisan effort to challenge tariffs, but House is unlikely to take any similar action