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Economy
The digital economy is rife for cooperation China and EU
The digital economy is rife for cooperation China and EU
China's commerce minister seeks to boost economic ties with Germany as the two sides prepare for an…
China to hold a summit to promote global trade
China to hold a summit to promote global trade
The Global Trade and Investment Promotion Summit of 2023 will take place in Beijing on the 24th of May.
The…
China’s economy is picking up by 2.2%
China's economy is picking up by 2.2%
China's economy grew by 2.2% in the first quarter, a big improvement from a 0.6 percent increase in the previous quarter.…
Treasury yields fall
Treasury yields fall
US Treasury yields retreated as investors gauged the health of the US economy and weighed the Fed's upcoming interest rate decision.
The…
Citi increased their full-year forecasts for China’s economy
Citi increased full-year forecasts for China's economy
China reported a 4.6% growth in its GDP on Tuesday. Hence, JPMorgan and Citi have increased their projections…
China’s consumer inflation dropped below 1 percent
China's consumer inflation dropped below 1 percent
China's consumer inflation fell below 1 percent last month for the first time in more than a year. Producer price…
China’s nearly 60 percent of households prefer to save
China's nearly 60 percent of households prefer to save
New central bank research shows that many Chinese households still prefer to save rather than spend, a blow…
Factories in Mexico show growth for 2nd consecutive month
Factories in Mexico show growth for 2nd consecutive month
In Mexico, the manufacturing sector expanded in March, showing growth for a second straight month. Reports…
Is 2008 back in 2023? Another financial disaster looms
Is 2008 back in 2023? Another financial disaster looms
Introduction
The specter of the 2008 financial crisis looms large over the world economy as we progress…
Central banks continue fighting inflation. Will it end soon?
Central banks continue fighting inflation. Will it end soon?
Inflation has been weighing on the global economies ever since the coronavirus pandemic. While some…
US reps arrived to discuss chip subsidy
Taiwan claims US reps arrived to discuss chip subsidy worries
The US has sent representatives to Taiwan to hear the chip industry's concerns about the requirements…
U.S. consumer spending slowed last month. Why’s that?
U.S. consumer spending slowed last month. Why's that?
U.S. consumer spending data is very important as it shows how the country's economy is faring. When the…
US reported a rise in weekly jobless claims. Why’s that?
US reported a rise in weekly jobless claims. Why’s that?
In the US, the number of citizens filing jobless claims to get unemployment benefits increased over the…
In March, Spanish inflation decreased to a 20-month low
In March, Spanish inflation decreased to a 20-month low
In March, Spain's inflation rate dropped to its lowest level in 20 months, more significantly than expected,…
Britain might join CPTPP trade deal. What are the chances?
Britain might join CPTPP trade deal. What are the chances?
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership, also known as the CPTPP trade…
In April, German consumer sentiment should improve
In April, German consumer sentiment should improve
With decreased German energy prices as a driving factor, consumer confidence in Germany should rise again in…
Chinese chip industry needs to grow domestically
Chinese chip industry is growing domestically
Following US attempts to strangle China’s access to state-of-the-art computer chip technology, China has had to…
Office market trouble spreads to high-end luxury structures
Office market trouble spreads to high-end luxury structures
High-end office buildings are seeing an increase in defaults and vacancies. This is the latest…
Australian banks remain assured, with possible minor issues
Australian banks remain assured, with possible minor issues
Despite worldwide turbulence in financial sectors all around the world. This is most chiefly in the U.S.…
Turkey is preparing for May election. How will people vote?
Turkey is preparing for the May election. How will people vote?
President Tayyip Erdogan has ruled in Turkey for the last two decades. But the country is now…