India hopes to overtake Vietnam as the region's leading manufacturer as businesses move away from China, but it must first reduce tariffs and boost the effectiveness of its supply chain.   A "friendshoring" strategy has been adopted by the US as rivalry with China grows. The Biden...

In the US industrial sector, the Purchasing Managers Index (PMI) was 50.3 points in March, reports the Institute for Supply Management (ISM). Business activity is growing when the PMI is above 50. As a result, the American industry experienced growth in activity for the first time since September...

Analysts noted that China's $18.6 trillion economy has avoided several short-term negative risks that were indicated by recent indications, giving officials more time to persuade investors that they can ignite a new growth engine for 2024 and the years to come.   Economic data from January...

Although developing East Asia and the Pacific is growing faster than the rest of the globe, the globe Bank predicts that in 2024 the region's growth would likely decelerate due to challenges in China and general policy uncertainty.   “It is a region that is still outperforming the rest of...

The Personal Consumption Expenditures Index released by the U.S. Commerce Department grew 2.5% year over year in February. The Federal Reserve System uses this statistic to gauge national inflation when determining the appropriate level of interest rates. This indicator was 2.4% in January....

The number of mergers and acquisitions (M&A) increased by 30% in the first quarter to reach $690 billion, as reported by the Financial Times using statistics from the London Stock Exchange Group. The volume and number of substantial M&As (worth more than $10 billion) increased significantly in the...

What's coming up for cryptocurrencies like Bitcoin.   Mark Yusko, a hedge fund manager, believes that the price of bitcoin will more than double to $150,000 this year.   In a TV interview, the CEO and chief investment officer of Morgan Creek Capital Management urged, "Get off zero."...

The lack of acquisition activity by tech firms these days is primarily caused by an unfavourable regulatory environment. However, they're coming up with alternative ideas for how to blow billions of dollars on the next big thing.   This week, Amazon announced its largest venture deal to...

According to fresh data from the Federal Reserve, the wealthiest 1% of Americans reached a record $44.6 trillion at the conclusion of the fourth quarter as a result of a year-end stock market boom that boosted their portfolios.   The Fed's definition of the top 1% is individuals with...