In an attempt to assist developers gain additional cash to finish work on pre-sold residences, Chinese officials on Friday announced fresh backing for state-owned firms to allow them to buy unsold units.   Beijing's recent attempts to resolve problems in the enormous real estate industry...

In the seven days leading up to May 15, demand for global equities funds was robust for the third straight week. This demand was supported by a less positive U.S. employment report and lower-than-expected inflation numbers, which raised hopes that the Federal Reserve may start reducing rates this...

The country’s ministry of commerce and industry reports that India imported 2.304 million tons of liquefied natural gas in March 2024, a 20 percent increase from 1.924 million tons in the same month the previous year. This is the greatest level in the previous 41 months since October 2020....

The weak yen continues to hurt consumers, causing Japan's economy to contract more quickly than anticipated in the first quarter and complicating the central bank's efforts to raise interest rates from near zero.   Japan's economy declined 2.0% annualised in January-March from the previous...

Data indicate that as the US steps up measures to curb trade with China by raising tariffs, it has significantly increased imports from Vietnam, a country that mostly exports goods made possible by Chinese input.   Trade imbalances have significantly increased as a result of the boom in...

The IEA noted in its May report that although geopolitical tensions remain high, oil prices fell considerably in April and early May due to concerns about the global economy and rumors of progress in negotiating a truce in the Gaza Strip. The most notable sell-off was in middle distillate markets,...

China's calm reaction to the United States' decision to increase duties on $18 billion worth of Chinese imports, ranging from batteries to needles, indicates that rather than a new trade war, ties between the two biggest economies in the world are likely to become more icy. China promised to take...

An issue that many American businesses were not prepared to deal with this year is the strengthening dollar.   A lot of market players thought that the dollar would weaken due to interest rate reductions that investors and the Federal Reserve had scheduled for 2024. The U.S. dollar index,...

U.S. President Joe Biden is expected to impose fresh tariffs on China as early as next week, aimed at critical industries including electric vehicles, according to reports quoting sources.   One of the persons said that the entire announcement, which can come as soon as Tuesday, is...