World

The European Union has launched a major investigation into Meta, the parent company of Facebook, over alleged breaches of the bloc’s strict online content law related to child safety risks. The European Commission, the EU’s executive body, has expressed concerns that Meta’s Facebook and Instagram platforms may be stimulating behavioral addictions in children and creating
China’s inflation data for April showed a mixed picture, with the consumer price index beating estimates while the producer price index fell more than expected. This discrepancy could have implications for monetary policy decisions in the future as policymakers assess the impact on the economy. Japan’s first-quarter gross domestic product (GDP) is expected to have
In April, China saw an increase in consumer prices for the third consecutive month, a sign of improvement in domestic demand. This rise in consumer prices, coupled with better-than-expected imports data, suggests that the policy support measures implemented by the government are starting to have a positive impact on consumer confidence. The National Bureau of