While overall manufacturing improved, China's industrial profits in November showed double-digit rises. However, lacklustre demand continued to restrain expectations for business expansion, strengthening the case for additional macro policy support.   The increase in profits of 29.5%...

Predictions regarding 2023 were almost unanimous: a recession was on the horizon.   As the year draws to an end, the anticipated economic slowdown has not materialised.   What then awaits us in 2024?   Experts suggest there may still be a chance for an economic downturn....

In order to address national security concerns over chips sourced from China, the U.S. Department of Commerce said that it will begin an investigation into the country's defence industrial base and semiconductor supply chain.   The purpose of the poll is to determine how American businesses...

The latest shipping corporations to do so after attacks by Yemen's Houthi group on vessels interrupted global trade and led to the formation of a naval task force were Germany's Hapag-Lloyd and Hong Kong's OOCL on Thursday, announcing their intention to stay out of the Red Sea.   The Suez...

Since Western sanctions over Moscow's invasion of Ukraine cut off supplies of essential parts and maintenance services, Russia has provided more than $12 billion in state subsidies and loans to keep its aviation sector afloat, according to a Reuters study.   Due to its reliance on...

In an effort to maintain its hegemony over a number of important metals, China, the leading processor of rare earths in the world, prohibited the export of technology on Thursday that would allow for the extraction and separation of the vital components.   A class of seventeen metals known...

The South Korean government will mandate manufacturers to disclose the amount by which a product package's weight or volume has been lowered, starting in 2024. The goal of this measure is to combat the "shrinkflation"—a phenomenon in which product packaging shrinks rather than the price rises. A...

By 2040, Dutch bank ING will progressively cease funding the production and development of oil and gas, the credit organization announced in a statement. ING will specifically cut lending to upstream projects by 35% by 2030, which will result in a halving of the volume of financed emissions in this...

The case for the dollar's continued decline into 2024 has grown following the US Federal Reserve's dovish December pivot, while the strength of the US economy may be able to contain the greenback's fall.   Due to strong U.S. economy and the central bank's commitment to maintaining high...