Disruptions caused by the Covid-19 pandemic outbreaks in China’s southern export powerhouse of Guangdong likely weighed down on the growth in factory output of the country in May as it slowed down for the third straight month.   Even though growth in retail sales and investment was lower...

Norway, which positions itself as a progressive and environmentally friendly country, is Western Europe's largest producer of oil and gas. The electric car capital of the world (per capita) produces more oil than Saudi Arabia or Russia. This controversy has sparked a conflict between political...

According to a Reuters poll, the exports of Japan in May likely increased at the largest monthly pace in four decades. However the increased numbers are largely reflective of the rebound of exports compared to the very low levels for the same month last year when international trade was ravages by...

GDP of the G20 region returned to its pre-pandemic level in the first quarter of 2021, according to the Organisation for Economic Co-operation and Development (OECD). The widespread lockdowns that countries began imposing last year to fight the spread of COVID-19 caused serious economic problems,...

Wholesale prices in Japan surged at their fastest annual pace in 13 years which underlined the rising commodity costs, showed data released on Thursday. This also reflected how global inflationary pressures are impacting companies that are already struggling to cope up with the Covid-19 pandemic...

China and the United States have agreed to promote healthy trade and cooperate over differences as the top US and Chinese commerce officials discussed the issues over telephone, said China’s commerce ministry on Thursday.   This was the latest exchange between high level officials of the two...

Even with the Indian government reported to be mulling introduction of a law that could ban crypto currencies, some of the global digital currency exchanges are also mulling ways for setting up store in India following the entry in the market of the market leader Binance, said reports quoting...

The World Bank (WB) expects the global economy to grow by 5.6% in 2021. This will be the highest rate in 80 years since the recession. According to the forecast, the US and China will account for more than a quarter of global growth in 2021, with the US contribution almost tripling from the...

With the Biden administration roiling out a set of findings of a review of the access of the United States to critical products – ranging from semiconductors to batteries for electric vehicles, plans of targeting China with a new "strike force" to address unfair trade practices were also announced...