Tag: unexpectedly

US economy unexpectedly shrinks on import surge before Trump tariffs

May 25, 2025

WASHINGTON: The US economy unexpectedly contracted in the first three months of the year due largely to a surge in imports as businesses and consumers stockpiled ahead of the introduction of President Donald Trump’s sweeping tariffs.The gross domestic product of the world’s largest economy decreased at an annual rate of 0.3 percent in the first

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Entertainment

Tencent Music Posts 7.3% Q1 2026 Revenue Jump, Points to Triple-Digit Live Growth and Continued Superfan Expansion

May 13, 2026 0

A live performance from Jay Chou, whose Children of the Sun is said to have generated about $14.7 million on Tencent Music during Q1 2026. Photo Credit: GEM_Ady Amid a continued SVIP expansion and a triple-digit revenue boost on the concerts side, Tencent Music Entertainment (TME) has reported nearly $1.2 billion in Q1 2026 revenue.

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