After months of discussion about whether Europe's traditional powerhouse had turned into the "sick man of Europe," Germany's finance minister on Friday put up a fresh analogy for his nation's struggling economy.   “I know what some of you are thinking, Germany probably is a sick man. Germany...

Tech stocks and improving economic sentiment drove US stock prices to all-time highs on Friday. The S&P 500 index, which measures the stocks of the largest corporations in America, closed the day at 4,839.8, up 1.2% from the previous high set in January 2022.   It has rebounded from the...

According to official figures released on Friday, British shops saw their largest sales decline in nearly three years in December, increasing the possibility that the economy entered a recession towards the end of last year.   According to the Office for National Statistics (ONS), the 3.2%...

The viability of Chinese businessman Han Changming's trade operation in the eastern province of Fujian is in jeopardy due to disruptions to Red Sea freight.   Han, who buys off-road vehicles from Europe and exports Chinese-made automobiles to Africa, told Reuters that the cost of...

At the World Economic Forum, the emergence of generative artificial intelligence has dominated both private and public discourse as the biggest tech corporations in the world—such as Microsoft, Google, and Salesforce—take over local businesses in a temporary move intended to intimidate conference...

To restrain the China’s chip technology, countries like the United States and the Netherlands may continue to restrict Asian powerhouse's exports of semiconductors, according to analysts.   The Netherlands prevented ASML, a Dutch manufacturer of semiconductor equipment, from shipping certain...

According to Gita Gopinath, First Deputy Managing Director of the International Monetary Fund (IMF), there are risks for certain institutions in the US and China, but overall, the financial system is holding up very well in the face of rising interest rates and continuous wars throughout the world....

OPEC maintained its estimate that the world's oil demand will expand reasonably quickly in 2024 and predicted an earlier-than-usual "robust" increase in oil consumption in 2025, driven primarily by China and the Middle East.   In a monthly study, the Organisation of the Petroleum Exporting...

The gross domestic product (GDP) of China increased by 5.2 percent in 2023 compared to the official estimate, according to figures released by the State Statistics Bureau on Wednesday. "According to preliminary data, China's GDP for the three quarters of 2023 totaled 126.058 trillion yuan ($17.698...