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Debdutta Ghosh


US Officials Told China To Expect Revised Export Restrictions In October โ€“ Reuters

According to a U.S. official, the Biden administration issued a warning to Beijing about its plans to amend regulations that limit the export of AI chips and chip-making equipment to
Published on October 3, 2023
By Debdutta Ghosh

Soon, Hedge Firms Plan To Sell Up To $30 Billion Worth Of Stocks Using Computers โ€“ Says UBS

Given the receding stock markets, hedge funds that trade stocks on computers anticipate starting to sell in the next two weeks to the tune of $20 billion to $30 billion,
Published on October 3, 2023
By Debdutta Ghosh

The Impact Of China-West Tensions On World Markets

Rising trade barriers, tech competition, and eavesdropping allegations are just a few of the factors contributing to tensions between the West and China. As Washington and Beijing work to reduce
Published on October 2, 2023
By Debdutta Ghosh

Due To A Slowing China, The World Bank Lowers Its Prediction For Development In Developing East Asia

In light of a slowing China, weak global demand, persistently high interest rates, and sluggish trade, the World Bank lowered its growth prediction for developing East Asia and the Pacific.
Published on October 2, 2023
By Debdutta Ghosh

Warm Weather Challenges The Holiday Shopping Season As Heavy Winter Sweaters And Coats Pile Up In Stores

As the crucial holiday shopping season draws near, executives at big retailers like H&M claim that unseasonably warm autumn weather from the United States to Europe is hurting sales of
Published on September 29, 2023
By Debdutta Ghosh

As The Economy Sputters, Euro Zone Inflation Drops To Its Lowest Level In Two Years

In September, the euro zone’s inflation rate dropped to its lowest level in two years, signalling that the European Central Bank’s steady diet of interest rate increases was working to
Published on September 29, 2023
By Debdutta Ghosh

A Record Number Of Chinese To Spend Their Holidays At Home As The Economic Downturn Strikes

This Golden Week holiday, a record number of Chinese people are choosing to stay at home instead of travelling, which could increase domestic consumption but dismays travel agencies who have
Published on September 28, 2023
By Debdutta Ghosh

Resell Value For Nike Air Jordans Is Declining. Is The Culture Of Sneakers Changing?

Investors will be watching how Nike does when it releases its earnings for the crucial back-to-school shopping period on Thursday. The Jordan brand is an important source of revenue for
Published on September 28, 2023
By Debdutta Ghosh

Mitsubishi Motors Will Stop Producing Vehicles In China: Nikkei

According to a report in the Nikkei newspaper on Wednesday and based on source information, Mitsubishi Motors has chosen to stop producing cars in China and is currently discussing its
Published on September 27, 2023
By Debdutta Ghosh

After Police Surveillance For China Evergrande’s Chairman Hui Ka Yan, What Comes Next?

According to a report by Bloomberg News on Wednesday, the chairman of China Evergrande Group has been placed under police observation, casting further doubt on the future of the troubled
Published on September 27, 2023
By Debdutta Ghosh

Japan Will Put Together An Economic Package To Lessen The Sting Of Inflation

The components of a new economic stimulus package that will be put together next month to assist households in easing the pain of price increases and improve salaries were presented
Published on September 26, 2023
By Debdutta Ghosh

A Significant Development In OpenAI’s ChatGPT โ€“ It Will ‘See, Hear, And Talk’

A significant update to OpenAI’s ChatGPT will make it possible for the popular chatbot to communicate with users via speech and visuals, bringing it closer to other well-known artificial intelligence
Published on September 26, 2023
By Debdutta Ghosh

Investments Throughout The Rest Of Southeast Asia May Increase As A Result Of Indonesia’s EV Ambitions

Global investors have been drawn to Indonesia by its EV-friendly policies, but experts believe there is potential for even greater investment growth in Southeast Asia’s automotive sector as a whole.
Published on September 25, 2023
By Debdutta Ghosh

After A Massive Rate Hike Run, Central Banks In Europe Stop For Breath, But They Are Faced With A “Triple Dilemma”

European households and companies continue to experience high inflation, and the region’s central banks have not yet declared success in bringing it down to target. However, September saw a shift
Published on September 25, 2023
By Debdutta Ghosh

EU To Mandate Zero-Impact E-Fuel Vehicles

Following Germany’s demand that e-fuel vehicles be spared from the phase-out of new polluting vehicles, the European Union is expected to insist that e-fuel vehicles be 100% carbon neutral if
Published on September 24, 2023
By Debdutta Ghosh

Former Chinese Official Claims Even China’s 1.4 Billion People Cannot Occupy All The Vacant Dwellings

Even China’s 1.4 billion people wouldn’t be able to fill all the vacant flats strewn around the nation, a former official claimed on Saturday in a rare instance of public
Published on September 24, 2023
By Debdutta Ghosh

Bank Of Japan Maintains Rates At Current Levels Due To “Extremely High Uncertainties”

Given the “extremely high uncertainties” surrounding the prospects for both domestic and international development, the Bank of Japan kept its ultra-loose monetary policy and left interest rates unchanged on Friday.
Published on September 23, 2023
By Debdutta Ghosh

Britain Is About To Approve A New Microsoft-Activision Contract

According to Britain’s antitrust regulator, Microsoft’s revised $69 billion acquisition of Activision Blizzard “opens the door” to the clearance of the largest gaming merger in history. Early in 2022, Microsoft
Published on September 23, 2023
By Debdutta Ghosh

South Korea Requests The US To Address Chip Trade Difficulties

According to South Korea, the United States has been contacted to clarify any ambiguities over incentives for chip investment and export restrictions. Before the year-long waiver for Samsung Electronics and
Published on September 22, 2023
By Debdutta Ghosh

The ‘Battle Of A Hundred Models’ Among China’s AI Models Is About To Come To An End

A flurry of product announcements from startups and IT giants have been made nearly daily as a result of China’s obsession with generative artificial intelligence, but investors are warning that
Published on September 22, 2023
By Debdutta Ghosh

The US Fed Opts Not To Raise Rates But Predicts They Will Remain Higher For Longer

In a statement issued on Wednesday, the US Federal Reserve left interest rates constant while also signalling it still anticipates one more increase before the end of the year and
Published on September 21, 2023
By Debdutta Ghosh

After A Surprising Increase In Inflation, The Bank Of England Is Set To Raise Rates Again

One day after showing evidence that it had made progress in addressing Britain’s high inflation issue, the Bank of England is expected to announce if it is ending a series
Published on September 21, 2023
By Debdutta Ghosh

UK Inflation Drops To 6.7%, Less Than Anticipated, As Food Costs Decline

Inflation in the UK unexpectedly fell to 6.7% in August, which was below estimates and strengthened wagers on the Bank of England pausing interest rate increases on Thursday. The headline
Published on September 20, 2023
By Debdutta Ghosh

Asian Development Bank Lowers Regional Growth Prediction Due To The Weakening Of The Chinese Real Estate Market

Due to China’s troubled real estate market and the region’s ongoing high interest rate environment, the Asian Development Bank lowered its regional growth prediction for 2023 to 4.7%. This represents
Published on September 20, 2023
By Debdutta Ghosh

Deals With Sunac, And Country Garden Deliver Relief For China’s Real Estate Market

By negotiating debt settlements with creditors, Chinese developers Sunac and Country Garden helped the crisis-stricken real estate market in certain ways, but pessimism over a rebound in housing sales continued
Published on September 19, 2023
By Debdutta Ghosh

Reuters Claims Turkey, A NATO Member, Bought Russian-Annexed Ukrainian Coal

According to Russian customs data examined by Reuters, at least $14.3 million worth of coal generated in regions of Ukraine that Russia has annexed has been transferred to NATO member
Published on September 19, 2023
By Debdutta Ghosh

Following Qatar Deal Unfreezing $6 Billion, The United States And Iran Trade Detainees

In a rare agreement between the bitter rivals – the United States and Iran, that also unfroze $6 billion of Tehran’s funds, five American prisoners were flown out of Iran
Published on September 18, 2023
By Debdutta Ghosh

A Strike, A Government Shutdown, And Student Loans Might Add Ice To The US Fed’s Efforts To Curb Spending

Officials from the US Federal Reserve, who have hesitantly accepted the idea that they might be able to stop inflation without a recession, will meet this week with new dangers
Published on September 18, 2023
By Debdutta Ghosh

World’s Largest Shipping Company, Maersk, Is Noticing Early Signs Of A Recovery In Global Commerce

The CEO of shipping giant Maersk claims that there are early signs of a recovery in world trade. โ€œBarring any negative surprises, we would hope for a slow pickup as
Published on September 15, 2023
By Debdutta Ghosh

China’s Economy Appears To Be Improving, But Property Market Collapse Threatens Outlook

August saw stronger increases in manufacturing output and retail sales in China, but falling investment in the crisis-hit real estate sector threatens to undermine a flurry of support measures that
Published on September 15, 2023
By Debdutta Ghosh

China Criticises The ‘Protectionist’ EU Investigation While China’s EV Stocks Decline

As shares in Chinese EV manufacturers fell, Beijing criticised the European Commission’s decision to open an investigation into China’s electric vehicle (EV) subsidies as protectionist and warned that it would
Published on September 14, 2023
By Debdutta Ghosh

CEO Of Citigroup Orders Significant Management Changes And Job Cutbacks

In a significant reorganisation, Citigroup will eliminate a layer of management and make employment cuts. This will give CEO Jane Fraser more direct power as she works to streamline the
Published on September 14, 2023
By Debdutta Ghosh

Investors With An Activist Bent Are Interested In Consumer Goods And Food Industries

Early in 2021, investment management company Artisan Partners informed a prospective board member of Danone that it had grown its holdings in the French food behemoth to more than 3%.
Published on September 11, 2023
By Debdutta Ghosh

With An Eye On China, The US And Vietnam Sign A Historic Cooperation During Biden’s Visit

On Sunday, U.S. President Joe Biden reached agreements with Vietnam on semiconductors and minerals, elevating Washington to Hanoi’s highest diplomatic standing alongside China and Russia. Vietnam is a strategically important
Published on September 11, 2023
By Debdutta Ghosh

China’s Deflation Pressures Diminish, And Additional Actions Are Anticipated To Boost Demand

According to data released on Saturday, China’s consumer prices stabilised in August while factory-gate price cuts slowed as deflationary pressures eased amid signs of economic stabilisation. However, analysts claim that
Published on September 10, 2023
By Debdutta Ghosh

U.S., India, Saudi Arabia, And EU Announce A Significant Rail And Port Agreement At The G20 Summit

On the eve of the G20 conference in New Delhi, world leaders unveiled a multilateral rail and port agreement connecting the Middle East and South Asia. The agreement comes at
Published on September 10, 2023
By Debdutta Ghosh

August Car Sales In China Resumed Rising, And Tesla’s EV Market Share Nearly Doubled

In spite of the country’s still-weak economic development, larger discounts and tax advantages for electric and environmentally friendly vehicles helped China’s passenger vehicle sales increase in August compared to the
Published on September 8, 2023
By Debdutta Ghosh

US Technology Sector Is In Turmoil As A Result Of China’s Expanding iPhone Restrictions

Beijing’s expanding restrictions on iPhone usage by government employees left American lawmakers worried and stoked worries that American tech companies with significant exposure to China would suffer from escalating tensions
Published on September 8, 2023
By Debdutta Ghosh

US President Biden Backs Developing Markets While Xi Shuns The G20

President of the United States Joe Biden brings an offer to the “Global South” to this weekend’s Group of 20 (G20) conference in India: no matter what happens to China’s
Published on September 7, 2023
By Debdutta Ghosh

China’s Economic Doom Looms Large Over The Long-Awaited Recovery Of Japan

Tokyo’s decision-makers fear that China’s deteriorating economic conditions could harm Japan’s shaky recovery, particularly if Beijing fails to stimulate demand in a major way, thereby postponing the end of ultra-loose
Published on September 7, 2023
By Debdutta Ghosh

Teardown Of The New Huawei Phone Reveals China’s Chip Innovation Success

According to a teardown report by research company TechInsights, Huawei Technologies and China’s top chipmaker SMIC have developed an advanced 7-nanometer processor to power its most recent smartphone. According to
Published on September 6, 2023
By Debdutta Ghosh

China Will Establish A $40 Billion Governmental Fund To Support The Chip Sector

China is getting ready to launch a new state-backed investment fund with the goal of raising approximately $40 billion for its semiconductor industry as the nation steps up attempts to
Published on September 6, 2023
By Debdutta Ghosh

Spending By US Consumers Is Increasing, And Falling Savings Are A Concern

Although Americans spent more money on goods and services in July than they had in the previous six months, predictions that the Federal Reserve would leave interest rates steady next
Published on August 31, 2023
By Debdutta Ghosh

Chinese Exporters Use Currency Swaps To Keep Their Dollars When The Value Of The Yuan Declines

According to government data and interviews with enterprises, Chinese exporters are employing a complex currency swap method to postpone turning their dollar revenues into yuan out of concern that they
Published on August 31, 2023
By Debdutta Ghosh

US Businesses Claim China Is “Uninvestible,” According To The USB Commerce Secretary

U.S. corporations have complained to Gina Raimondo, the secretary of commerce for the United States, that China has become “uninvestible,” citing fines, raids, and other steps that have made doing
Published on August 29, 2023
By Debdutta Ghosh

US Employment Market Slows As Job Opportunities And Resignations Fall

As the labour market gradually slowed down, there were fewer job postings in the United States in July, which raised hopes that the Federal Reserve would maintain interest rates at
Published on August 29, 2023
By Debdutta Ghosh

Cybersecurity Firm Wiz Is Contemplating Making A Acquisition Bid For SentinelOne.

After SentinelOne, a $4.9 billion corporation, started reviewing its strategic options, cybersecurity startup Wiz said on Friday that it is considering a potential acquisition deal. Due to clients cutting their
Published on August 26, 2023
By Debdutta Ghosh

Fed And ECB Have No Desire To Change Their Inflation Target

The heads of the two institutions dispelled on Friday any hopes that the 2% inflation target long targeted by the U.S. Federal Reserve and the European Central Bank might be
Published on August 26, 2023
By Debdutta Ghosh

China’s Weakening Economy Cannot Be Fixed Painlessly

Erin Yao wishes to learn street dance and travel, two things she was unable to accomplish in China for three years because to COVID-19 limitations. She is saving more of
Published on August 25, 2023
By Debdutta Ghosh

German Economy Continues To Lag In Q2 Following Winter Recession

The second quarter of Germany’s economy was flat compared to the first three months, showing no signs of recovery from the winter recession and solidifying its place as one of
Published on August 25, 2023
By Debdutta Ghosh
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