Economics

In accordance with market predictions, China kept benchmark lending rates constant at a monthly fixing on Thursday. Even while there has been a surge in recent data indicating that further

The state-run Global Times newspaper reported on Wednesday that Chinese automakers have pushed Beijing to increase taxes on imported European gasoline-powered automobiles as retaliation for Brussels’ move to impose restrictions

Fed policymakers, encouraged by recent statistics, are carefully moving towards what most anticipate would be one or more interest rate cuts by the end of this year. They are waiting

In an exclusive interview with CNBC, a Chinese official said that Europe’s investigation of Chinese electric cars was extremely selective, to the point where the findings are not reliable. Last

For the first time in over two years, the primary stock market in the UK reclaimed its position as the most valued in Europe, according to statistics. According to Bloomberg

Wealthy Chinese are resuming their purchases of Hong Kong investment goods including insurance and high-yield time deposits as a way to protect their money from a potential decline in the

Currently the third-largest oil importer and consumer in the globe, India is expected to become the main driver of the world’s oil demand in the second half of this decade,

The Bank of Japan decided to maintain the current key interest rate.

The automotive company Stellantis will shift some of its production of electric vehicles from China to Europe in the event that more taxes are levied on Chinese-made automobile imports into…

Numerous pro-trade American industry associations have requested an extension of one month for the Biden administration to provide feedback on their intentions to apply higher tariffs to Chinese imports of

On Thursday, U.S. Treasury Secretary Janet Yellen stated that slower pay growth is not a danger to drive up inflation and that the current state of employment in the country

It appears that the U.S. Federal Reserve has removed itself from the limelight of the presidential campaign, as new projections indicate that interest rate reduction are unlikely to occur until

The European Commission notified manufacturers that starting in July, it will levy additional taxes of up to 38.1% on Chinese electric vehicles imported into the country. China denounced this decision

All but two of the 65 economists surveyed by Reuters predict that the Bank of England will begin reducing interest rates in August, and most of them anticipate at least

The International Energy Agency has projected that global spending on clean energy technology and infrastructure will exceed $2 trillion in 2024, despite the fact that increased financing costs deter new…

Vladimir Putin, the president of Russia, stated on Friday that the percentage of commerce that takes place in rubles has risen to over 40% from dollars, euros, and other “non-friendly”

While cricket may not be as well-liked in the United States as it is in other countries, a number of well-known investors and CEOs are working to alter that. An

Countries all around the world are changing course after forcing borrowing costs considerably up in recent years in an attempt to stem skyrocketing prices. The primary lending rate of the

France's long-term sovereign credit ratings in foreign and local currencies have been reduced from "AA" to "AA-" by S&P Global Ratings. The agency released a press release stating that the…

China’s manufacturing production unexpectedly declined in May, reinforcing calls for further stimulus as the country’s chronic property crisis continues to undermine investor, corporate, and consumer confidence. China is the world’s

Even while investors are sceptical about wider governance improvements, Chinese listed businesses are responding to authorities’ requests for reform that mirrors initiatives in South Korea and Japan by racing to

Officials from the Department of Justice said on Wednesday that a global malware network that stole $5.9 billion in Covid relief money and was linked to other crimes like child

Persuaded that market intervention will not be sufficient to stop the yen’s wider collapse, Japanese officials are focusing on deeper fundamental economic causes that are causing the currency to sink

The International Monetary Fund upgraded its prior projection of 4.6% expansion and predicted on Wednesday that China’s economy will grow by 5% this year following a “strong” first quarter, even

It’s been a terrible year for bitcoin miners with mining incentives cut in half, mining difficulty increased, and the shiny new bitcoin exchange-traded funds (ETFs) syphoning off investor wealth. Two

Industry leaders stated that increased tariffs by the United States on Chinese-made medical gloves, syringes, and face masks are unlikely to boost the competitiveness of American manufacturers since other low-cost

Following an extended weekend due to the holiday, U.S. stock index futures increased slightly on Tuesday as investors anticipated a significant inflation data later in the week that may challenge

The top corporations in the world repurchased $1.11 trillion worth of their own stock in 2018, as show figures by UK-based management firm Janus Henderson.

The continental China's Ministry of Commerce reports that the country's FDI, or foreign direct investment, shrank by 27.9% year over year to 360.2 billion yuan ($49.7 billion) from January to…

U.S. Treasury Secretary Janet Yellen told Reuters that the dangers for European banks doing business in Russia are increasing and that the country is considering tightening its secondary sanctions against

Executives in the City of London are hoping a new government would give them more attention and stop years of political turmoil as Britain gets ready to go back to

Following the implementation of a new Securities and Exchange Commission (SEC) regulation in February 2023, the settlement period for U.S. stocks, corporate municipal bonds, and other securities will be halved

As increased interest rates put pressure on American consumers and businesses, Jeffrey Gundlach, the CEO of investment management firm DoubleLine Capital, stated on Thursday that he believes a U.S. recession

Although May saw the fastest growth in U.S. business activity in just over two years, manufacturers reported a spike in input costs, indicating that products inflation may increase in the

At a speech to hundreds of international investors in Tokyo on Wednesday, Japanese Prime Minister Fumio Kishida publicly pushed for further capital market changes and emphasised asset management. His attendance

Amid concerns over the outcome of applications for U.S. spot exchange-traded funds that track the second-biggest cryptocurrency globally, ether was poised for its best two-day rise in almost two years

According to Pitchbook statistics, investment in cryptocurrency startups increased for a second consecutive quarter to $2.4 billion in the first three months of 2024 as investor hunger was piqued by

Asian stocks reached two-year highs on Monday, while records were set for copper and gold as investors bet on impending interest rate cuts and China ramping up measures to stabilise

On Monday, investors expressed concern that China’s “historic” efforts to stabilise its property market were insufficient to promote a long-term increase in demand and trust, which caused shares of Chinese

Hong Kong's GDP growth surged quarterly but declined annually in the first quarter of 2024.

A significant multinational research published on Thursday revealed that, compared to 2000, metabolic problems such as obesity, high blood sugar, high blood pressure, and other metabolic disorders cause over 50%

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.

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

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…

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

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

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…

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

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

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